Yearly Archives: 2012
Schuette Announces First National Mortgage Settlement Notifications Mailed to Michigan Foreclosure Victims
LANSING - September 27, 2012 - (RealEstateRama) -- Attorney General Bill Schuette today announced that claim forms are being mailed to approximately 148,000 Michigan borrowers who lost their home to foreclosure between January 1, 2008 and December 31, 2011. Qualified Michigan borrowers may be eligible for a cash payment under the $25 billion national mortgage settlement.
Lee & Associates Names Jon Savoy Advisory Board Member
Torrance, CA - September 24, 2012 - (RealEstateRama) -- Lee & Associates, one of the nation’s largest commercial brokerage firms, has announced the members of its 2012, 2013-2014 advisory board. Comprised of seven individuals elected from the pool of presidents and managing partners, the advisory board is responsible for setting policy and shaping Lee’s strategic direction
Schuette Announces 10 to 20 Year Sentence For Michigan Foreclosure-Rescue Fraud Scam
LANSING - September 17, 2012 - (RealEstateRama) -- Attorney General Bill Schuette today announced his Corporate Oversight Division has secured a prison sentence for a Holly woman who ran a fraudulent foreclosure-rescue operation that scammed at least 60 victims across the state out of more than $250,000.
Foreclosure Prevention seminar available
September 14, 2012 - (RealEstateRama) -- The Macomb County MSU Extension will be holding a free, informational seminar on foreclosure prevention. All homeowners are welcome to attend. These seminars are presented by MSHDA-certified housing counselors. Homeowners will also have the opportunity to work one-on-one with a housing counselor after completing this seminar. Macomb MSUE is a HUD-certified agency.
MPSC: Deadline to Apply for Michigan Home Heating Credit Approaches
August 28, 2012 - (RealEstateRama) -- The Michigan Public Service Commission (MPSC) today noted that the September 30 deadline to apply for Michigan's Home Heating Credit in 2012 is quickly approaching. The credit assists low-income people with winter energy bills
July Boasts Some of the Year’s Best Numbers
August 27, 2012 - (RealEstateRama) -- According to the MLS reports compiled by the Michigan Association of REALTORS®, 11,477 single-family homes were sold in July, 2012, an increase of 14% over July, 2011 while the July 2012 average sales price was $116,116, a 6.55% increase over the 2011. Nearly all local reporting units (31 of 41) across Michigan show an increase in average sales price over July, 2011 including Ann Arbor (11.81%), Greater Wayne County (11.9%), Jackson Area (40.69%) and Oakland County (11.06%). Nationally, existing home sales have risen 10% from comparable period last year with Michigan reporting the same increase
Herbs for the Home Garden series offered
August 24, 2012 - (RealEstateRama) -- Herbs provide beauty and fragrance in the garden and can enhance the flavor and quality of foods, provide a healthy alternative to salt, and be used for medicinal purposes. Many herbs can be easily grown in the home garden or in pots in the kitchen helping to stretch our food dollars
Foreclosure Prevention seminar available for homeowners
August 10, 2012 - (RealEstateRama) -- The seminar is being presented by MSHDA-certified housing counselors. Homeowners will also have the opportunity to work one-on-one with a housing counselor after completion of the seminar. Macomb MSUE is also a Department of Housing and Urban Development-certified agency
Snyder signs bill protecting sand dunes, rights of homeowners
LANSING, MI - August 8, 2012 - (RealEstateRama) -- Gov. Rick Snyder today signed legislation clarifying the criteria for landowners building homes in privately held areas of Michigan's lakeshore dunes.
State of Michigan Schedules Auctions for Tax-Foreclosed Properties
August 3, 2012 - (RealEstateRama) -- More than 700 properties, in five Lower Michigan counties and seven Northern Michigan counties, will be auctioned off during a State of Michigan Tax-Foreclosed, Real Property Auctions on August 14th and 15th. Registration for interested bidders will begin at 9:00 a.m., each day, with auctions scheduled to begin at 10:00 a.m.
Mortgage settlement legislation signed to help Michigan homeowners
LANSING, MI - August 2, 2012 - (RealEstateRama) -- Michigan residents at risk of losing their homes due to faulty foreclosure processes and poor servicing of mortgages will get financial relief under legislation signed today by Gov. Rick Snyder.
Detroit to receive $4.2 million for housing, homelessness programs
WASHINGTON, DC - July 31, 2012 - (RealEstateRama) -- Detroit will receive $4.2 million in federal funding to promote affordable housing, fight homelessness and boost the local economy, Sen. Carl Levin announced Monday.
Kalamazoo to receive $2.3 million for housing, homelessness programs
WASHINGTON, DC - July 31, 2012 - (RealEstateRama) -- Kalamazoo will receive nearly $2.3 million in federal funding to promote affordable housing, fight homelessness and boost the local economy, Sen. Carl Levin announced Monday.
DHS Summarily Suspends Adult Foster Care Small Group Home License
LANSING, - July 31, 2012 - (RealEstateRama) -- The Michigan Department of Human Services (DHS), Bureau of Children and Adult Licensing (BCAL) has issued an order of summary suspension and notice of intent to revoke the license of St. Clair County adult foster care small group home licensee Cathey Elsacker. Ms. Elsacker operates Oasis Senior Care adult foster home, #AM740092424, 1218 Center Road, Port Huron, Michigan 48060.
Schuette Praises Governor And Legislature On $97.2 Million Fund To Help Troubled Homeowners
LANSING - July 19, 2012 - (RealEstateRama) -- Attorney General Bill Schuette today praised Governor Rick Snyder and GOP legislative leaders for passing legislation that largely follows his recommendations to strengthen Michigan's economy and bring relief to countless residents struggling with foreclosure. The legislation now heads to Snyder's desk for final approval.