Monthly Archives: July 2013
MSHDA Awards Community Development Grant to Alpena County
LANSING, MI - July 31, 2013 - (RealEstateRama) -- Scott Woosley, executive director of the Michigan State Housing Development Authority (MSHDA), today announced that Alpena County will receive a $200,000 Community Development Block Grant (CDBG).
How to Turn Online Home Searchers into New Clients
WASHINGTON, D.C. - July 23, 2013 - (RealEstateRama) --Do you know what time Michigan home hunters are online? According to HomeFinder.com, buyers in the U.S. are online home searching most frequently from 8–9 p.m. However, the majority of Michigan house hunters are finding their next home at a different hour. Find out what time these potential buyers are online, and be available to turn them into new clients!
Schuette Files Charges Against Phony Oakland County Mortgage Banker
WASHINGTON, D.C. - July 19, 2013 - (RealEstateRama) -- Michigan Attorney General Bill Schuette today announced the arrest of Eric Lamarr Drake, 37, of Detroit, for allegedly operating a fraudulent mortgage banking business under false pretenses by promising mortgage services, retaining clients' money and never delivering refunds to those clients. The charges follow an investigation by the Attorney General's Corporate Oversight Division.
Rep. Bentivolio’s Statement on VA’s New Initiative to End Veteran’s Homelessness
WASHINGTON, DC - July 12, 2013 - (RealEstateRama) -- Today, the Deparment of Veterans Affairs announced a new grant initiative to help end veteran’s homelessness. Congressman Kerry Bentivolio released the following statement on the initiative
Transfer Tax Debate: Fannie Mae and Freddie Mac Really Are Federal Agencies
WASHINGTON, D.C. - July 3, 2013 - (RealEstateRama) -- The 6th Circuit Court of Appeals provided an answer last month to a lingering tax question impacting Michigan REALTORS® and their clients: Fannie Mae and Freddie Mac are federal agencies exempt from state and county real estate transfer taxes. This 6th Circuit ruling overturned a lower court that said two Michigan counties could collect such taxes