Non-Performing Mortgage Notes for Sale in Michigan
Michigan State Details
Foreclosure Non-JudicialDocument Deed of TrustFC Timeline 2 - 3 MonthsFC Cost $1,932Tax Type Tax DeedTax Redemption No RedemptionDeficiency YesAvg Mo to FC 1.6667Avg Mo to REO 6.9333
Jump to State Guides & Resources ↓19 notes near Michigan · 1 portfolio · 225 sold · 54 resolved
Portfolios (1)
Cherry-Pick Junior NPL Pool — March 2026
82 notes · $5,967,697.54 UPB
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Individual Notes (19)
Non-Performing 1st
DETROIT, MI 48238
UPB < $10KLien 1stStatus Non-PerformingType SFR
Tax Status UnknownEquity Unknown
Non-Performing 1st
DETROIT, MI 48213
UPB $10K-$25KLien 1stStatus Non-PerformingType SFR
Tax Status UnknownEquity Unknown
Non-Performing 1st
KALAMAZOO, MI 49007
UPB $10K-$25KLien 1stStatus Non-PerformingType SFR
Tax Status UnknownEquity Unknown
Sold Notes (225)
Resolved Notes (54)
Guides & Resources
AbandonmentEncyclopedia
Abandonment occurs when a borrower vacates a property and relinquishes ownership interest. Early detection is critical for note investors to prevent.
Abstract of TitleEncyclopedia
An abstract of title is a chronological summary of all recorded documents affecting a property's ownership. Note investors use it to verify lien position.
Acceleration ClauseEncyclopedia
An acceleration clause lets the lender demand full repayment of the loan balance upon borrower default or other triggering event — a key protection for.
Accrued InterestEncyclopedia
Accrued interest is unpaid interest accumulated on a mortgage note. Note investors treat it as potential upside on non-performing loans, not a basis for.
ACH PaymentEncyclopedia
An ACH payment is an automatic electronic bank-to-bank transfer for collecting monthly mortgage payments, reducing delinquency risk and boosting.