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For around $4.7 million, you might be able to snag one gleaming, top-of-the-line luxury home in a top market. In Michigan's Macomb County, though, it bought one man 627 homes. Bill McMachen, who ...
Buying foreclosed homes soared in popularity during the Great Recession as a wave of foreclosures hit the market and drove down prices nationwide. While foreclosure rates since then have fallen ...
DETROIT (AP) — The Michigan Supreme Court said Monday that its 2020 decision stopping local governments from keeping cash windfalls from the sale of foreclosed homes can be applied retroactively ...
The GAO found that in the period January 2008 to March 2010, mortgage servicers charged off 46,000 properties, with 60 percent of the charge-offs occurring before an initial foreclosure filing was made. In this period, Detroit, Michigan had the highest number of bank walkaways, with Chicago, Illinois being second.
The Jeffries Homes, also called the Jeffries Housing Projects, was a public housing project located in Detroit, Michigan, near the Lodge Freeway.It included 13 high-rises and hundreds of row house units, and was named for Detroit Recorder's Court Judge Edward J. Jeffries, Sr., who was also father of Detroit Mayor Edward J. Jeffries, Jr.
Tiny Homes Detroit is a development of small, one- and two-person tiny homes constructed for low-income tenants by Cass Community Social Services. The development is located on Elmhurst, Monterey and Richton Street, [1] between Woodrow Wilson and the Lodge Freeway in Detroit. The Lodge Freeway is one of the most trafficked freeways in the Motor ...
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