Many Commerce Michigan real estate owners and wanna be homeowners are facing real problems. The number of Commerce MI real estate foreclosures is increasing. Throughout Oakland County, foreclosures are increasing. According to county government officials, "Rising homeownership costs, advancing debt, declining incomes, job loss and a weakening state economy have doubled foreclosures in Oakland County over the past year."

Many of the same factors that have caused an increase in foreclosures have affected the credit scores of some really good people, in particular, declining incomes, job loss and a weakening state economy. If you are hoping to buy Commerce Michigan real estate, but your credit has been bruised, you should know that there is hope.

Because of its location, near Detroit and less than thirty minutes from Pontiac, many residents were employed by GM. Some still are. Lay-offs, cut-backs and buy-outs affected not only auto-industry employees, but nearly everyone in the state. Many companies closed offices or went out of business completely, because there businesses relied on the money spent by auto-industry employees.

A temporary job loss may have caused your credit problems. Even a few late payments on the credit cards can dramatically lower the credit score. You may have worked hard to pay off your debts and even saved up for a downpayment, but still find that buying Commerce MI real estate is difficult, frustrating or downright impossible. There are options that you don't know about.

No matter what caused your credit problems, they can be overcome. If you can afford to rent Commerce Michigan real estate, then you can probably afford to own Commerce MI real estate. If you are employed and can afford the monthly payments, then a lease option / rent to own plan can work for you. A downpayment or option consideration will be required, but a portion of your monthly rent will go towards the purchase of a home. In other words, you can build equity and obtain true home ownership.

With a standard lease, all of the money goes to the landlord; none of it goes towards your future. People sometimes rent for years and have nothing to show for it but a bunch of rent receipts. As experienced real estate investors in Michigan, we offer a very unique lease option program that will allow you to invest in your future, improve your credit score and own a home, much sooner than you ever thought possible. We know that bad things happen to good people and we want to help turn it all around.

Perhaps you are a Commerce MI real estate owner that is facing the problems caused by "rising homeownership costs, advancing debt, declining incomes, job loss and a weakening state economy." You may be looking through the Commerce Michigan real estate listings and wondering how long your home will stay on the market if you are a seller. You may have bought your property when your income was high and your future looked bright. Your company may be offering you a transfer, but you are wondering how you will buy a home in a new area, before selling the home that you have.

You may be behind on your payments and facing foreclosure. There are several unique options for avoiding foreclosure. The lease option program that we offer is one. We may be able to find a potential buyer....someone who can make those mortgage payments and may eventually buy your Commerce Michigan real estate. We look for the win-win situation for both buyers and sellers of Commerce MI real estate and for buyers and sellers throughout the state of Michigan.

Commerce Michigan real estate is some of the most beautiful property in the country. At one time it was a weekend and summer resort for residents of Detroit. Transportation improvements made it possible to live there year round and still work in Detroit, Ann Arbor or Pontiac. The Huron River and several lakes provide a rural secluded feel, while the parks and golf courses provide recreation. It is likely that the value of Commerce MI real estate will increase again in time, as the state's economy eventually rebounds.

Now could be an excellent time to begin investing in your future.