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 ↓3 notes near Michigan · 1 portfolio · 155 sold · 30 resolved
Portfolios (1)
Cherry-Pick Junior NPL Pool — March 2026
82 notes · $5,967,697.54 UPB
Individual Notes (3)
Non-Performing 4th
PONTIAC, MI 48340
UPB < $10KLien 4thStatus Non-PerformingType SFR
Tax Status CurrentEquity Full Equity
Non-Performing 2nd
OWOSSO, MI 48867
UPB < $10KLien 2ndStatus Non-PerformingType SFR
Senior Status CurrentEquity Full Equity
Non-Performing 2nd
BLOOMFIELD, MI 48301
UPB $75K–$100KLien 2ndStatus Non-PerformingType SFR
Senior Status CurrentEquity Full Equity
Sold Loans (155)
Non-Performing 1st
WAYNE, MI 48184
UPB < $10KLien 1stType SFR
Sold 2026-02-13
Non-Performing 2nd
MUSKEGON, MI 49442
UPB $10K–$25KLien 2ndType SFR
Sold 2026-01-26
Resolved Loans (30)
Non-Performing 1st
SOUTHFIELD, MI 48076
UPB N/ALien 1stResolved 2025-12-16
Non-Performing 2nd
WARREN, MI 48093
UPB N/ALien 2ndResolved 2025-06-23
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.