Financing in Michigan>Question Details

Nadia, Home Buyer in Grand Blanc, MI

are michigan mortgage loans recourse or non recourse?

Asked by Nadia, Grand Blanc, MI Sat Mar 15, 2008

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Great answer Maureen! You are the only other agent that I have seen correctly answer this question. Nice job.
0 votes Thank Flag Link Fri Oct 23, 2009
Purchase money loans are non-recourse. Refi's are recourse.
Web Reference: http://mioaklandcounty.com
0 votes Thank Flag Link Tue Apr 1, 2008
Maureen Fran…, Real Estate Pro in Birmingham, MI
MVP'08
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