If you’ve been keeping an eye on the housing market in Detroit this year, you may have noticed a surprising upward trend in housing prices across the region. According to the Detroit Free Press, housing prices in August were up 7.2 percent compared to the same time last year. Furthermore, housing prices were up by… Read more »
Foreclosure Rates Finally Fall Below Pre-Recession Levels
The statistics released by ATTOM Data Solutions show that there were more than 230,000 foreclosure filings through the first three months of 2017 in the U.S., And while that might seem like a high number, it actually represents an 11 percent dip from the final quarter of 2016 and a 19 percent dip when compared… Read more »
Navigating the Michigan Eviction Process
If you are a landlord, owner or property manager, you may have to deal with evicting one of your tenants. Eviction may be necessary for many reasons. It can be because of late rent, the property being damaged by the tenant, or many other circumstances. Whatever the reason, there is a clearly defined legal process… Read more »
Investing in Real Estate? Consult Us First!
Are you buying or selling a commercial or residential property? Don’t make a purchasing decision without consulting the team at The Law Offices of Aaron D. Cox PLLC first to ensure that the process goes smoothly and free of legal complications. There are many reasons as to why you shouldn’t go through the process of… Read more »
What Can’t Be in a Lease
If you own or manage an apartment or other property, it is essential that you understand your contracts inside and out. It is important to know the language in your leasing agreement from front to back to make sure that there is nothing within it that is questionable, false or even illegal for your tenants…. Read more »
The Process of a Debt Collection Lawsuit
Businesses of all kinds frequently provide goods and services on credit or other forms of advance. Whether you are a skilled trade working on someone’s private residence or commercial property, a financial institution extending loans, or just a small business who sells products on an open account, each of these businesses eventually face the same… Read more »
Help for Property Managers
Being a property manager can be an incredibly rewarding job, but like all professions, it comes with its share of problems. Even if you’ve only been a property manager for a short period of time, you’ve likely encountered an issue with one of your clients. In most cases, these issues are minor and can be… Read more »
Legal Mistakes All Landlords Should Avoid
If you’re a landlord, you’ve likely run into an occasional problem with one of your tenants. Whether they are missing rent payments or refuse to comply with an eviction notice, there are legal actions you can take. However, the law will work against you if you don’t follow the proper procedures for dealing with tenants…. Read more »
Your Tenant Just Filed a Motion Challenging Your Eviction Judgment… Now What?
You just spent the last 4-6 weeks patiently working through Michigan’s landlord-tenant eviction procedures to get a judgment of possession against your tenant. A few days later you receive notice that your tenant has filed a motion to set aside the judgment or for a new trial. By itself, the filing of a motion… Read more »
An in Depth Look at Landlord’s Rights
A landlord has a legal right to enter his tenant’s rental unit in many circumstances. Practical access to the space is much more limited than it would be if the unit was vacant. But the home or commercial property still belongs to the landlord. The Covenant of Quiet use and Enjoyment Residential rental contracts imply… Read more »