Personal Property Purchaser may elect to complete the purchase and sale and reserve any right to recover any damages arising out of the defect in title. Michigan asset-based loans are a type of alternative lending that enables you to get access to funds without going through the traditional home loan process.Asset purchase agreements can be a useful way to create a new business while leaving unwanted resources and potential issues with the seller. Purchaser may elect to complete the purchase and sale and reserve any right to recover any damages arising out of the defect in title. 7. Creditors of Seller. The home heating credit is available even for those who do not have.