U-Move-On is a company located in Plymouth, Michigan, which is a suburb of Detroit. We have a seasoned team of experienced Real Estate, Mortgage, Legal, Bankruptcy, and Credit Repair Professionals with many years of experience whose mission is to help people in the state of Michigan to find the best foreclosure solution.

Our Free Report is designed to insure that all options to stop foreclosure have first been examined and exhausted. If refinancing the home will resolve the situation, we can handle it. We also have Realtor Associates who can help you sell your home if that is needed, even if you owe more than it is worth today.

This is done by a process known as a “short sale” which means that the lender agrees to accept less than is owed on the mortgage. We have Realtors who are skilled at presenting the short sale package to the lender which is critical.

Our main program, however, is intended for those who are left with no choice but to “walk away” and move on with life after foreclosure. We do this by providing the information, resources, support, and encouragement needed so that they can remain in their homes payment-free as long as possible. We help them save money, repair their credit, find a new home, and much more and we guarantee our results.

The company was founded by David Smith who has over 30 years of Finance and Real Estate Experience. He attended college at the University of Michigan and Wayne State University in Detroit where he studied Finance and Business Administration. His work career started with Ford Motor Credit in 1975 where he worked for 10 years. He states:

“I started at the bottom which was Assistant Customer Account Representative. In this job, I handled all types of customer service issues with regard to their car loan. Most of my time, however, was spent working with customers who were past due on their payments. This is the job where I learned a lot about working out solutions with customers who needed help. There were some very rough times in the late 70’s, not unlike today. Since I worked in Dearborn, Michigan, (Home of Ford Motor Company), we had many customers who were behind due to job cuts in the auto industry. The prime rate was as high as 18% and that really hurt car sales and production. I learned very quickly that you need to be a good listener and to also be creative and flexible to find ways to avoid having the car repossessed. Sounds sort of like today’s market, only now it is houses that I help people find solutions for.”

Dave was promoted to 3 higher positions while at Ford Credit. He was a supervisor and manager for the Customer Service Department that grew to over 50 employees. He also worked in the Bankruptcy Department and was later a Credit Analyst who was responsible for making decisions on whether to approve loan applications.

Dave also started investing in Real Estate during this time. After Ford Credit, he spent over 15 years working at a car dealership as the Finance Manager. He was responsible for working with customers and many different lenders to arrange the best financing for their needs. Many of the customers had bruised credit including foreclosures and bankruptcies. His experience at Ford Credit was a valuable asset and he successfully helped many thousands of clients get approved for their financing.

He continued to buy, sell, and finance Real Estate during this time. In 2004, he left the car business to become a mortgage broker. He is currently operates a branch office of Success Mortgage in Plymouth, Michigan. He is a also member of 3 Real Estate Associations which have many meetings and seminars that have further educated him about Foreclosures, Lease Options, Short Sales, and much more.

Additionally, he has taken classes at Mortgage University, attended a 6 week Foreclosure Course taught by a Real Estate Attorney, and attended numerous “Boot Camps” taught by nationally recognized experts for foreclosures and lease options. All of this experience has made him an expert in his own right. Below is a quick example of how his expertise can help families.

One of the most important considerations for someone who is walking away from their home is: “where do we go”? Umoveon has developed a network of sources for “Rent-to-Own Homes” since many of these homeowners need more space than an apartment, especially if they have children. Another name for “Rent-to-Own” is a Lease with an Option to Purchase or simply a Lease Option.

One great thing about Lease Options is that the client can benefit whether the market goes up or down.

A “Purchase Option Price” is determined at the time the lease is signed. The client has the “option, but not the obligation” to buy the home at the end of the lease term which is usually 2 or 3 years. For example, if the house was worth $150,000 two years go, but is only worth $100,000 in today’s market, the price would likely be set at about $100,000. If the house appreciates, for example, to $120,000 over the next 3 years, the client can still exercise their option to purchase at $100,000.

Actually, it would even be less than that since any up-front “option fee” (like a down payment, but not refundable) is deducted. So, if the option fee was $2000, for example, then the price is reduced to only $98,000. If the agreement provides for part of the monthly payment to go toward buying the home, which it often does, then the price is reduced by that amount as well. But wait...what if the market instead continues to decline and the home is only worth $90,000 in 2 or 3 years?

The lessee has the option not to buy the house and would avoid taking the loss. It’s like getting the best of both worlds...you can win, but not lose. Two more great things about Lease Options...you do not need a mortgage to qualify and the monthly payments can be used as a credit reference to help restore your credit rating.

U-Move-On helps people find the best solution to their foreclosure problem. It is critical that business be done in an ethical manner and that the client receives as much value as possible while keeping the cost of the program low. Dave enjoys using the many skills he has learned during his career to help people in foreclosure “Move On” with their lives in the best possible way.

Contact Information:

umoinfo@umoveon.com
Phone: (734) 756-6050

Mailing Address:

400 Ann Arbor Rd., #185
Plymouth, Mi 48170