Showing posts with label Mr. Lease Option. Show all posts
Showing posts with label Mr. Lease Option. Show all posts

Tuesday, January 8, 2008

A Bundle of Rights to Real Estate and What it Includes

Copyright © 2008 Ralph Marcus (Mark) Maupin
Understanding real estate agreements requires a basic knowledge of what rights or interest to property that are affected by a specific agreement or contract. The following is a basic listing of rights that are commonly dealt with and general descriptions. The following listing does not represent a complete list of the various rights that can be held in and to real estate, nor does it give a thorough and full description of the rights covered, but it is sufficient for practical purposes. A bundle of rights to real estate could include: a. All the rights, fee simple b. Mineral rights c. Air rights d. Water rights e. Life estate f. Remainder interest g. Equitable rights 1. Land contract 2. Leasehold 3. Option 4. Pending purchase contract OWNERSHIP- Fee Simple Ownership. This is the highest form of ownership to property. Generally if you have real estate that you have received a warranty deed for, this is what you have. EQUITABLE INTERESTS- These is rights that are acquired by agreement of the owner, without transferring ownership. In other words, if you have an equitable interest in real estate, you may have the right to acquire title and ownership, but you don't have it yet. Typical examples of equitable interests are the rights of the purchaser under a full accepted purchase agreement, the rights of an optionee under an option agreement and the rights of the purchaser (vendee) under a land contract. LEASEHOLD INTEREST- These is the rights to property for duration of time with no promise to transfer ownership. Rental/leasing applies here as well as use licensing. OWNERSHIP INTERESTS- Ownership to property is a combination of things and rights, and you can own property and not have all parts of ownership and vice versa. These are the basic parts or types of the ownership of real estate: Legal, Equitable, Possession and Use. Legal interest is normally evidenced by having title to the property. Equitable interest is described above. Possession is simply having possession or control of the property. For example, a "squatter" is a person who has possession, but no other rights to the property. "Squatters," simply by virtue of being in possession of the property have certain rights. Use, is simply the right to use the property. A typical example of this is a letter of permission to hunt on land. Places you can go to better find out how you can use these buddle of interest and learn more at a very low cost are as follows: Local real estate licensing schools in your area, entrepreneurial resource centers at local colleges, Real Estate Investing Clubs, Real Estate Investment Association, REIAs, Real Estate Investing Classes at high school, Real Estate Investing Groups, Landlord Club, Real Estate Training Classes, Real Estate Seminars, Real Estate Courses, Real Estate Investing Network, and Real Estate Forums. Use Google.com to find locations in your area. A Real Estate Investing Club's mission is to provide an entrepreneurial atmosphere for real estate investors to learn, and network with new and experienced investors. Real Estate Investors Clubs have been formed for real estate entrepreneurs and professionals with one of their goals to bring like minded individuals together, to achieve greater real estate goals. REIA members come from many walks of life: first time buyers, new investors, licensed agents and mortgage brokers, commercial investors, attorneys, CPAs, and first time landlords.
Ralph Marcus Maupin, Jr. (Mark Maupin), Speaker, Professor, Co-founder National Real Estate Network LLC (REIA), Get Free Real Estate Forms, Terms, Articles and Real Estate Club Locations at: http://MegaEveningEvent.com

A Bundle of Rights to Real Estate and What it Includes

Copyright © 2008 Ralph Marcus (Mark) Maupin
Understanding real estate agreements requires a basic knowledge of what rights or interest to property that are affected by a specific agreement or contract. The following is a basic listing of rights that are commonly dealt with and general descriptions. The following listing does not represent a complete list of the various rights that can be held in and to real estate, nor does it give a thorough and full description of the rights covered, but it is sufficient for practical purposes. A bundle of rights to real estate could include: a. All the rights, fee simple b. Mineral rights c. Air rights d. Water rights e. Life estate f. Remainder interest g. Equitable rights 1. Land contract 2. Leasehold 3. Option 4. Pending purchase contract OWNERSHIP- Fee Simple Ownership. This is the highest form of ownership to property. Generally if you have real estate that you have received a warranty deed for, this is what you have. EQUITABLE INTERESTS- These is rights that are acquired by agreement of the owner, without transferring ownership. In other words, if you have an equitable interest in real estate, you may have the right to acquire title and ownership, but you don't have it yet. Typical examples of equitable interests are the rights of the purchaser under a full accepted purchase agreement, the rights of an optionee under an option agreement and the rights of the purchaser (vendee) under a land contract. LEASEHOLD INTEREST- These is the rights to property for duration of time with no promise to transfer ownership. Rental/leasing applies here as well as use licensing. OWNERSHIP INTERESTS- Ownership to property is a combination of things and rights, and you can own property and not have all parts of ownership and vice versa. These are the basic parts or types of the ownership of real estate: Legal, Equitable, Possession and Use. Legal interest is normally evidenced by having title to the property. Equitable interest is described above. Possession is simply having possession or control of the property. For example, a "squatter" is a person who has possession, but no other rights to the property. "Squatters," simply by virtue of being in possession of the property have certain rights. Use, is simply the right to use the property. A typical example of this is a letter of permission to hunt on land. Places you can go to better find out how you can use these buddle of interest and learn more at a very low cost are as follows: Local real estate licensing schools in your area, entrepreneurial resource centers at local colleges, Real Estate Investing Clubs, Real Estate Investment Association, REIAs, Real Estate Investing Classes at high school, Real Estate Investing Groups, Landlord Club, Real Estate Training Classes, Real Estate Seminars, Real Estate Courses, Real Estate Investing Network, and Real Estate Forums. Use Google.com to find locations in your area. A Real Estate Investing Club's mission is to provide an entrepreneurial atmosphere for real estate investors to learn, and network with new and experienced investors. Real Estate Investors Clubs have been formed for real estate entrepreneurs and professionals with one of their goals to bring like minded individuals together, to achieve greater real estate goals. REIA members come from many walks of life: first time buyers, new investors, licensed agents and mortgage brokers, commercial investors, attorneys, CPAs, and first time landlords.
Ralph Marcus Maupin, Jr. (Mark Maupin), Speaker, Professor, Co-founder National Real Estate Network LLC (REIA), Get Free Real Estate Forms, Terms, Articles and Real Estate Club Locations at: http://MegaEveningEvent.com

How Can Your Past Affect Your Investing?

By: Ralph Marcus (Mark) Maupin
I am writing this more as reminder to my self, but I know many who read this will be able to apply my thoughts and experiences to their own lives. Everyone has life experiences that they carry with them all their lives. Everyone’s experiences are different. Remember the first time you asked someone to dance and the answer was no, and now today 40 years later, you are still not going to ask someone to dance. You were asked to read in front of room in grade school and the other kids laughed at you, and that was the last time you would stand up in front of a group of people. I clearly see today, how some of the childhood events I have had are still affecting and shaping my real-estate career and life today.
My purpose in writing this is so you can consider looking into your own life and see how your past may be shaping your life today. When you look back into your past life, you will remember certain events and the decisions you made about those life experiences which are still operating and affecting your life today. Look back and check it out! Do you have to know all the facts before you make a choice? What was the event that had you decide that? How old were you when you decided that? Do you believe that you don’t matter or your opinion doesn’t matter? Look back and check it out! By noticing these things, you then have an opportunity to notice if they are helping you reach your goal or just a habitual way of being. Looking back gives you the opportunity to create new actions and thoughts that create new possibilities and unexpected results in your life.
My big event was when I was in kindergarten. I was given the honor of being the class Fire Marshall. If the fire alarm sounded, I was in charge of getting everyone out of the classroom safely. The alarm went off, and I went into action, getting everyone out of room. There was a retarded girl named Marsha, who happened to be going to bathroom at the time. I went in and pulled her off the toilet in effort to ensure everyone was out. There was a mess made, and the teacher screamed at me. At that time I made decision that I would be careful to not to be the one officially put in charge. I chose instead to be the one who would come in at the last moment and save the day. I would be the one who could fix the problem. As a result of this, I surrounded myself in business with people who knew less than I did about any subject. This allowed me to always be in control and have the answer that saved the day and to avoid looking bad. I use to say to myself “I am a natural born problem-solver.” How this showed up in real estate was like this: I took on going to every seminar I could attend. I wanted be the most knowledgeable real estate investor. I took on working in area of real estate where others were not. This allowed me to always be a good-looking “Fire Marshall” of real estate. So you see it only makes sense that I would be in the wholesale real estate business (not simple real estate) and I would help start Donate Real Estate, a company that represents charities to liquidate donated property (something not being done in the market yet). Donate Real Estate has raised over 1.5 million dollars for charities.
The good news is that I have a great level of knowledge of real estate. The bad news is that I have to guard against spending my time on artificially complicated deals, or making things more complicated than they need to be. I have to guard against putting a complicated deal together that only I can bring to closing. You might say I get to be the “Fire Marshall” of real estate deals. Most recently I see where my kindergarten experience has caused me to avoid situations where I wasn’t the most knowledgeable. It had me avoiding such crucial things in my life such as being there to raise my kids, attending church and growing spiritually, or any thing else that wasn’t in the world of work and real estate. Today, I can see that I have the opportunity to do things differently.
Lesson 1: For example, we found a great buy on a house in Southfield, Michigan. The home was in foreclosure. We had a buyer with great credit. I automatically tried to structure a deal where he could buy the house with a mortgage. The problem arose when we started looking at where he would get the money to rehab the house. Being the “Fire Marshal” of real estate, I passed over the simplest best solution, but the one we finally did use. Our buyer had a credit line, and he simply closed on the purchase of the home with a cash buy. As soon as the rehab is finished they are going to refinance it. What I noticed in the wholesale real estate business is that we were jumping in too quickly to try to solve the other person’s problem. So, we switched to “Here is a great buy, Mr. Customer. How are you going to buy it?” In this case they had the answer; I just had to stay out of the way.
Lesson 2: We currently have a foreclosed deal in Dearborn, Michigan where our buyer is taking out a home equity line on his personal home and buying the house. He is then going to refinance the newly purchased home. He has already been meeting with a good loan officer to set up the refinance with a mortgage company that does not have seasoning requirements (meaning you have to own the house 6-12 months before you can refinance it.)
As you can see, if you are focused on solving the problems of artificially complicated deals instead of looking for easier solutions it can be costly. See, if I set up a deal where I am the only one who understands it, then when the deal doesn’t work--- who gets the blame? Where in your life are you doing something comparable? Where is the thing you do well that is keeping you from seeing a simpler solution? We make these decisions and then live like it is “THE TRUTH”. Are you solving other people’s problems instead of letting them handle it themselves? Are you specializing in problems or keeping things easy and simple? How much time and effort does it cost you? Sometimes we fool ourselves into thinking just a little more time and effort will make all the difference. Instead we should put balance in our lives which would give us the prospective we need in order to observe that we are making things more difficult than they need to be.
Out of seeing how driven one can be from a childhood decision, I created a game I call “The Great Give Away”. For the past two or three years I have been teaching seminars on real estate investing. I have also been involved in leading a mentoring program for investors. We make sure the investors are well informed and have tools necessary for developing a broad perspective that leads them to be open to new opportunities.
What I’ve noticed about myself is that I want to be a person who is causing people to discover the gifts they have to share in the world. To accomplish this I will have to focus on integrity, love, contribution, empowerment, and leadership that I am exhibiting in my life. If I do this it will allow me to make the difference I want to make for humanity and real estate investors. This will allow me to make a difference in the classes I teach in about real estate investing and the mentoring program I am involved in.
To get to the bottom line, and break up the childhood story, it requires a possibility so big in your life that it inspires and moves you in way that has you able to see the “Fire Marshall” stories of your life then move past them. It’s a possibility that you can spend a lifetime on and still not be complete. I have created the following purpose in my life with the possibility that moves me: My purpose in life is to have all humanity discover the gifts they have to share. The values that are at the heart of who I am are integrity, love, contribution, empowerment, and leadership. What I can be counted on for is to make a difference to humanity, to charities, and to real estate investors discovering their gifts and putting teams and systems in place to achieve my purpose at a global level.
The comments in Mark’s Corner are shared personal experiences. They are not intended to be legal or accounting advice nor a solution. You should always consult with the appropriate professional when making decisions.
Copyright. 2008 Ralph Marcus (Mark) Maupin, Jr.
Disclaimer
Real estate investing by nature is risky. You can win, lose, or break even. We cannot guarantee a profit or loss. We do not provide legal, accounting, or contracting advice.

Please visit my website at (Free Forms and Information) http://www.detroitinvestmenthomes.com , http://www.MegaEveningEvent.com and http://www.MrLeaseOption.com

Tuesday, November 6, 2007

Why You Think You Stink At Real Estate in Michigan And What To Do About It.

How To Best Utilize Those Around You So You Can All Profit Financially And Spiritually.



This month message is important to all in Michigan who own or who things of owning real estate. This subject is so important to people of Michigan, The National Real Estate Network, a local real estate investing guide Club has open it's doors to public.

Ralph Marcus (Mark) Maupin, Jr. co-founder of National Real Estate Network, said "Adam King will be our speaker for November and will have knock out, in your face, reality check presentation for you! This will be a seminar you will not want to miss! Why? Just look what is covered! You haven't seen a speaker cover the "investor's perception" like this before!"

Topics Covered:
§ Why you think you stink at real estate and what to do about it.
§ How to forecast your abilities in exchange for services to perform deals!
§ What it's like to be on the financing side of a deal and what bankers look for.
§ What it's like to structure and negotiate offers when you're broke!
§ How to best utilize those around you so you can all profit financially and spiritually.
§ How to leverage alternative financing with no money and no credit.
§ How to locate investors to bring you leads by showing them the secrets of the 5 Questions to Success System, while offering them a service they cannot refuse!
§ What it's like to have someone take the pressure off and analyze your deals for you.
§ Why you can't and won't do it on your own. And why that's okay!
§ The greatest secret is having the exit strategy first! Learn how to walk into a deal KNOWING a check is coming BEFORE even making the offer!
§ How to leverage amazingly simple systems around you in order take advantage of the foreclosure and rental market.
§ And much more!
§
These two events will come with a tremendous amount of information and very creative ideas you have heard nowhere else. But most importantly, Adam will show you a different "perception" of creative real estate directly from the eyes of someone experienced everything from no money/no credit, to becoming the bank.

Join us November 15th and 17th Check out events at http://www.megaeveningevent.com

Areas serviced by National Real Estate Network:

Oakland County --Addison Township, Auburn Hills, Berkley, Beverly Hills, Bingham Farms, Birmingham, Bloomfield Township, Clawson, Commerce Township, Farmington, Farmington Hills, Ferndale, Franklin, Hazel Park, Highland Township, Holly, Holly Township, Huntington Woods, Independence Township, Keego Harbor, Lathrup Village, Lyon Township, Madison Heights, Milford, Milford Township, Northville, Novi, Oak Park, Oakland Township, Orchard Lake, Orion Township, Oxford Township, Pleasant Ridge, Pontiac, Rochester, Rochester Hills, Royal Oak, Southfield, South Lyon, Troy, Walled Lake, Waterford Township, West Bloomfield Township, White Lake Township, Wixom Wayne County --Belleville, Brownstown Township, Canton Township, Dearborn, Dearborn Heights, Grosse Ile Township, Grosse Pointe Shores, Grosse Pointe Woods, Hamtramck, Inkster, Livonia, Northville Township, Plymouth, Redford Township, Riverview, Romulus, Taylor, Trenton, Wayne, Westland, Wyandotte.

Washtenaw County:
Ann Arbor, Bridgewater, Chelsea, Dexter, Manchester, Salem, Saline, Superior Township, Whitmore Lake, Whittaker, Willis, and Ypsilanti
National Real Estate Network (NREN) is a premier Real Estate Investors Club in Michigan. Also known as Michigan REIA; NREN meets on 3rd Thursdays each month at Laurel Manor in Livonia, Michigan. NREN brings Investors and Professional in Michigan market together. NREN invites National and Local speakers each month and they provide excellent education to their members. NREN has grown to 300 Members strong and still growing. You can get more information at http://www.MegaEveningEvent.com. Contact Urvi Mehta 248-762-0800 info@MegaEveningEvent.com

Where To Find Michigan Real Estate Investing Information And Location of Rental Housing Associations, Real Estate Clubs, Networks, REIA, Real Estate I

"FREE Real Estate Forms, Buyer Favorable PA, Lease Option Forms, Rental Lease Agreement and 60 Others... Enter Your Name and Email Address on Http://Www.Megaeveningevent.Com and Get New Form Weekly"( EMAILWIRE.COM, November 04, 2007 ) Livonia, MI -- National Real Estate Network LLC Now has made it easy for investors to find Real Estate Clubs in their market. Simply go to the http://www.megaeveningevent.com home page and you will find a link to over 1057 clubs throughout the United States. Now for the die hard investors you can go vacation and visit clubs right in that city. You can also go to the National Real Estate Network LLC website and get a list of all the real estate terms and definitions you don't know. Now when some says short sale, FSBO, REO, BPO, comps, and forbearance agreement, you can go to http://www.MegaEveningEvent.com and see what they are talking about. You can receive new real estate forms weekly by signing up on their home page. Ever week you get a new real estate for your library of forms. Real estate investment clubs provide tremendous resources and networking opportunities for beginning and experienced investors. National Real Estate Network, LLC provides a list of the Michigan Real Estate Investing Clubs, REIAs, Real Estate Investor Associations, and Real Estate Investing Associations. You will find information on the dates and times of meetings on the follow Michigan Investment Clubs: Real Estate Investors Association of Oakland Contact: Christine Telephone: (800) 747-6742 Fax Number: 877-263-9574 When: Thursdays, 5:30pm / 9:30pm Web Site: www.reiaofoakland.com Email: reiaofoakland@aol.com Kalamazoo Area Rental Housing Association Contact: Jackie Newenhuis Telephone: (616) 383-4664 When: 2nd Tuesday of each month 6:00pm Dinner, 7:00pm Meeting Where: Ryan's Restaurant, 7141 S. Westnedge Ave, Portage Genesee Landlord Association Contact: Mike Neurohr Telephone: (810) 767-3080 When: 2nd Monday of the month, 6:45pm pre-meeting Where: Walli's Center & I-69, Flint Web Site: www.geneseelandlordassoc.org DOLLARS Contact: Wendy Patton Telephone: (248) 394-0150 When: 3rd Thursday of the month, 6:30pm Where: Gazebo Resturant, Warren RE Investors Contact: Jerry Ballard Telephone: (517) 285-0788 When: 1st Wednesday of the month, 7:00pm Where: Best Western Midway Hotel, 7711 W. Saginaw, Lansing New Real Estate Investors Contact: Larry & Sharon Yelinek Telephone: (810) 231-8126 When: 2nd Tuesday of the month, 5:30pm pre-meeting, 7:00pm main meeting Where: DoubleTree Hotel, I-96 & Novi R. (across from 12 Oaks Mall), Novi Detroit Real Esate Investor Network Contact: Loray Owens Telephone: (313) 832-4211 When: Wednesdays, 6:30pm Where: Venue varies--call or email, Detroit/Tri-County Sellers/Buyers Club Contact: Patrice Telephone: (248) 470-6713 When: To be announced Where: To be announced, Southfield Michigan Real Estate Investors Contact: Wendy or Michael Telephone: (248) 394-0150 When: Contact for info. Where: Northfield Hilton, Troy Wayne County REI Club Contact: John Wang Telephone: (734) 981-6858 When: Last Thursday of each month, 6:30pm Where: Rotation, Canton-Plymouth Northerm Michigan Real Estate Investment Association Contact: Alex Misico Telephone: (231) 947-5437 for directions Fax Number: 231-947-5437 When: 1st Monday of each month, 5:30pm / Breakfast Meeting 3rd Saturday, 9:00am Where: Elks Club, 625 Bay St., Traverse City Email: amisico@voyager.net No. Members: 40 Guerilla Investors Army Contact: Kent Spencer Telephone: (313) 617-1198 When: Last Tuesday of every 2nd month, 6:00pm Where: Franklin & Southfield Western Michigan Property Investors Association (Rich Dad Club) Contact: Louie Gimbutis Telephone: (231) 726-4749 When: 3rd Wednesday of each month, 7:00pm Where: Perkins by Lakes Mall on Harvey St., Muskegon JC & D, LLC Real Estate Club (Detroit Chapter) Contact: J. Ivory Telephone: (313) 822-3247 When: 1st Saturday of each month, call to confirm 6:00pm Where: call for location, Detroit Dearborn Area Investments Contact: Mike Safiedine Telephone: (313) 475-3165 When: 1st Monday of each month, 7:00 Where: call for details, Dearborn The Wealth Builder Group Contact: Nora Ijalal Telephone: (248) 577-9100 When: Every 3rd Thursday of each month, 7:00pm to 8:30pm Where: Novi Sheraton Hotel, Madison Heights American Real Estate Investment Club Contact: James Melki Telephone: (810) 625-1104 When: Mondays, 9:00am Where: Sharps, Flint QuadLakes REIC Contact: Mr. Phoenix Stiles Telephone: Contact by email at QuadLakes@yahoo.com When: Call for info, varies Where: Varies, Detroit Real Estate Investors of Michigan Contact: Clay Powell Telephone: (800) 701-7762 Fax Number: 616-454-3385 When: 3rd Wednesday of each month (Excluding Jul., Aug., Dec., & Feb.), 6:00pm Where: The Prince Center (Calvin College Campus), 1800 E. Beltline, Grand Rapids Web Site: www.reiofmi.org Email: contactrei@reiofmi.org No. Members: 1,840 Tri City Investment Club Contact: Dale Abke Telephone: (989) 891-0930 When: To be determined Where: To be determined, Bay City WCRT Detroit "Success by Association" Contact: Jared Pomranky Telephone: (248) 506-8364 When: 1st Tuesday of each month, 6:30pm Where: La Casa Inn & Suites on 9 Mile just east of I-75, Hazel Park Southeast Michigan Real Estate Investor Association Contact: Craig Covert, Greg Maxwell Telephone: (313) 608-8008 or (313) 729-1826 When: 1st & 3rd Wednesdays of each month, 6:30pm networking, 7:00pm event Where: 39555 Orchard Hill Place Dr., Ste. 250, Novi National Real Estate Network Contact: Urvi Mehta Telephone: (248) 762-0800 Fax Number: 734-402-0279 When: 3rd Thursday of each month, 6:00pm to 9:00pm Where: Laurel Manor, 39000 Schoolcraft Rd, Livonia Email: mmaupin@donaterealestate.com No. Members: 350 REIA of Macomb Contact: Dylan Tanaka Telephone: (586) 203-8333 Fax Number: 586-816-0470 When: Last Thursday of each month, 7:00pm Where: The Concorde Georgian Inn, Roseville Email: info@REIAofMacomb.com No. Members: 75 Associated Landlords of Detroit Contact Person: Reggie Fluker Meeting Location: The HomeOffice Center,Call for Address, Oak Park, Michigan 48237 Meeting Time: 1st Monday Phone Number: 313-832-0523 Email: info@realestateinvestorsnetwork.com No. Members: 121 Lenawee Area Rental Housing Association Contact Person: Guy Cox Meeting Address: 4040 Monroe Road, Box 96, Tipton, Michigan 49287 Phone Number: 517-431-2041 My Real Estate Group Contact Person: Boyd Rudy Meeting Location: My Real Estate Store, 7779 N. Henry Ruff, Westland, Michigan 48185 Meeting Time: 4th Wednesday, 6:30 p.m. Phone Number: 248-388-1680 Fax Number: 734-464-3058 Email: team@teamsoldllc.com No. Members: 55 Real Estate Investors Association of Wayne County Contact Person: Wayde Koehler Meeting Address: P.O. Box 5341, Dearborn, Michigan 48128 Phone Number: 313-386-7228 Fax Number: 313-386-7600 Wealth Investor Network (WIN) Contact Person: Jill Shepard Meeting Location: Embassy Suites - Detroit-Livonia, 19525 Victor Parkway, Livonia, Michigan 48152 Phone Number: 810-714-5335 Fax Number: 810-714-2349 Web Site: www.CashFlowMI.com Email: sbscaryn@msn.com No. Members: 100 Windy City Round Table Contact Person: Jared Pomranky Meeting Location: La Casa Inn & Suites, 1 W 9 Mile Rd, Hazel Park, Michigan 48030 Meeting Time: 1st Tuesday, 7:00 p.m. Phone Number: 248-506-8364 Fax Number: 248-920-0824 Web Site: www.wcrtdetroit.com Email: jared.pomranky@wcrtdetroit.com No. Members: 30 National Real Estate Network, LLC services Oakland County, Wayne County, Livingston County, Washtenaw County, and Macomb County in Michigan. They are member of The National Real Estate Investors Association http://www.nationalreia.com National Real Estate LLC is often asked for and can provide you information on the following resources: Real Estate Association of Michigan, Michigan Real Estate Groups, Real Estate Investment Association of Michigan, REIA of Michigan, Real Estate Classes Michigan, Real Estate Investing Club Michigan, Landlord Club Michigan, Michigan Real Estate Mentoring Program, Michigan Real Estate Training Classes, Michigan Real Estate Seminars, Michigan Real Estate Schools, Michigan Real Estate Courses, Michigan Real Estate Network, Michigan Real Estate Conventions, Michigan Real Estate Boot Camps, Michigan Real Estate Forums, Michigan Real Estate Licensing, Michigan Real Estate Learning Center, and Michigan Learning Annex. Many times in real estate investing you hear words like forbearance agreement, short sale, fisbo, lease option, pre-foreclosure, foreclosure, the club has section to look up the meaning or any real estate term that someone does not know. Or if you need to look up the meaning of any of words or terms in this press release, wikipedia is great source http://en.wikipedia.org contact: Urvi Mehta 248-762-0800