MI population rises

If population could increase value of real estate, Africa would be a wealthy area. But as the WSJ notes, you also need job &/or income growth. Will “right to work” help bring income to MI ? It’s help other states that enacted such laws. Further impact on real estate inventories is how foreclosures are handled. … More MI population rises

Tax break for struggling homeowners set to expire

“People trying to do short sales are freaked out about it,” said Elizabeth Weintraub, a real estate agent in Sacramento, Calif. “They’re telling me they’ll do whatever it takes to close by the end of the year.” ….. If the Mortgage Forgiveness Debt Relief Act of 2007 does not get extended by Congress by the … More Tax break for struggling homeowners set to expire

Lender started foreclosure … What should I do?

Q. My lender has started foreclosure proceedings. What should I do? A. Immediately contact an attorney and/or a MSHDA approved foreclosure prevention counselor in your county. Click on the following link for information on foreclosure prevention counselors. http://www.mshda.info/counseling_search/. Many Michigan counties also have lawyer referral services that can assist you in finding an attorney. The … More Lender started foreclosure … What should I do?