Credit, Credit Bank, Credit Auto


 

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Nora made sure that food was good. I was so busy masterminding with other investors that I forgot to eat dinner.

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Some really successful investors from all over Michigan are sitting in this room right now.

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The Michigan Foreclosure Update 2008 - laying down a plan for the next 12 months.

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The Midnight Crew - hanging out in the hotel lobby talking about real estate investing in Michigan

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Money Loves Speed - Yeah! I got all of them convinced about it.

  • 121 Pages of Wayne County Foreclosures

    From today's Detroit Free Press:

    In 121 printed pages of the Sunday Free Press, Wayne County Treasurer Raymond Wojtowicz listed more than 18,000 properties across Wayne County facing foreclosure. Notices sent to homeowners since March have whittled the list from 161,000 properties that had been delinquent on tax payments.

    The advertisement will run the next two Sundays. The printed pages cost the county more than $400,000, and are required by law. It's just one more way the county tries to make sure property owners know that they're facing foreclosure.

    In Oakland County, 8,300 properties are facing foreclosure because of delinquent taxes. At the end of December, the county will publish 19,757 names in the Observer/Eccentric newspapers of people who have had some sort of interest in the property over the years.

    In Macomb County, 1,700 properties facing foreclosure will be published in the Macomb Daily on three consecutive Thursdays in December.

    You can read the whole story here at Free Press website.

  • Thank you!

    I have a lot in my life to give thanks for in 2007 – a banner year in my business, a chance to spend time in the trenches with my Inner Circle members and yeah I am a little biased about them but you will not find more determined real estate investors in Michigan anywhere, three healthy children and a business & life partner in Nora.

    Above all thank you for reading Michigan Foreclosure Report. You may not know it or think about it, but it means a lot to me that you find time, in your busy life to read what I put out for Michigan real estate investors. This website would not exist without you and your words of encouragement that comes through via emails and faxes on a regular basis.

    Happy Thanksgiving!

  • 7 Tips to Boost Up A Bad FICO Score

    Around six months ago, I got a phone call from a member of my wholesaling investor group. These are the people who pay me to find foreclosures for them in tri-county. He was calling me to help his daughter get started in the business but with one little challenge – she has bad credit.

    I thought before we did anything together, it would be better I gave her some tips to boost her credit up which will
    help her in getting all kind of unsecured credit later down the road which will translate in her buying more deals from
    me.

    So I made the call and suggested some tips to boost her FICO. She was smart enough to listen closely and implement what I showed her. Her credit has gone up significantly in the last couple of months and she no longer has to depend on dear dad to finance her deals.

    He is happy about it too. I am happy because of the one check that already came from her and will continue to do so in the future.

    So here are some tips for you or anybody you do business with who is fallen in their credit scores and need to fix it to get back on track. If you have good credit already, print this and keep it somewhere for the inevitable wholesaling or retail flip lead that you will get one day where the person is motivated and really want to do business with you but is stopped in their tracks because of their FICO.

    Coach them to fix their credit and you will have their eternal gratitude because you did something for them that pretty much nobody else did. They for a fact had no idea how to did it otherwise they would have done it by now.

    Here are my 7 tips for fixing bad credit fast for Michigan Real Estate Investors:

    1.Pull a fresh new copy of your credit: Almost 95% of all conversations about bad credit stop around me when I ask them, “So what is your FICO score right now?” Turns out that since they got denied a couple of times or declared bankruptc