The US Department of Treasury, under the Making Home Afforable program has outlined a standardized process for short sales and will incentivize both the loan servicer and the borrower. This really takes the short sale program from the dark alleys to the front window.
Foreclosure Alternatives for Borrowers Eligilbe for MHA outlines the process and includes "borrower incentives to cover relocation expenses to homes that are affordable" as well as " incentives for servicers to pursue alternatives to foreclosures".
The long term tax issues were wiped out last year and these new developments make much more sense than foreclosure, and can eliminate "strategic foreclosure" in many instances saving taxpayers and homeowners millions by selling these homes as opposed to them sitting vacant.
Borrowers also benefit by not having a foreclosure on their credit history and avoid totally nuking their credit score.
Give us a call 888.767.3380 or email info@changingstreets.com if you are interested in avoiding foreclosure.
The Flint Farmers Market is leading the " Love My Farmers Market " contest being sponsored by Care2.com and local harvest. The lead may look impressive, 500 votes, but Carrboro is an extremely tough competitor. (for those that do not know Carrboro is basically attached to Chapel Hill, the home of the UNC Tarheels that beat my beloved Spartans in the D for the NCAA title, So a little Flint Style Payback would be good).
Please take a minute and click below to vote, then take another minute to email the link to your friends co-workers, relatives, and more importantly visit the market, you will thank yourself.
Thank You!
Only 12 less sales in Genesee County in July of 2009 compared to July of 2008! Not bad all things considered.
According to the Flint Area Association of Realtors MLS service there were 375 sales in Genesee County in July, 2009 at an average sales price of $72,164. In July of 2008 there were 387 sales at an average price of $80,015.
Was there really a 10% price drop? Probably not, there are just so many FLINT foreclosures in very distressed areas selling for less than $10,000.00 that is putting a ton of downward pressure on the macro numbers. It is more of demand shift than a price drop.
Flint MI, Foreclosure listings total over 600 in the Flint area. Do you really want a list that long sent to you or would you rather search with pictures map and value information- with no sign in required? That is what I thought, search Flint foreclosure listings the easy way, get the assistance you want, and work with a group that has sold over 1,000 foreclosed homes in the last three years.
That is Smart, Easy, Sane Forclosured home purchasing.
You can also get a mortgage preapproval!
West Bloomfield now requires the registering of vacant homes. This is not exclusive to West Bloomfield as other municipalities are searching for revenue. This is what I just received from the North Oakland County Board of Realtors:
Vacant Home Ordinance Recently the Township of West Bloomfield, as well as other Oakland County municipalities, has enacted an ordinance which requires that "vacant" homes MUST be registered with the municipality. There are fees involved when registering such a property, as well as fees involved when such a property is not registered. If the fees become delinquent, they could become a lien on the property similar to assessments for weed cutting, garbage, etc. For example, the West Bloomfield ordinance contains many requirements which you should be aware of. For instance, the property management company must be located within 30 miles of the subject property. It also provides for inspections and issuance of "new" certificate(s) of occupancy. Should you require a copy of the West Bloomfield ordinance please let us know.
Lovely!
This is still not as good as the City of Detroit putting stickers on the doors of vacant homes notifying owners of violations. If the violations are not done in 24 hours the City of Detroit will do them and charge the owner! Seriously!
Michigan has lakes, great infrastructure and pathetic politicians...text me your opinion : ) lol.
Your solution for buying or selling your home. You will meet caring and experienced agents, with many years of mortgage, Real Estate and REO experience; we are Smart, Easy, Sane. Search our MLS site!
Smart, Easy, Sane is the feeling you have when things are in control and feel right. The feeling you have when you feel confident and empowered. These are the feelings that guide us everyday at ChangingStreets.com as we try to make the real estate experience better. you want an easy to use website with smart features that make your life easier when searching for a home, investment property or second home, and we strive to make that reality. We have often taken client ideas and implemented them almost immediately, this is the company of the client.
When ChangingStreets.com was started in 2000 we knew one thing for sure, and it still holds true today....the world does not need another real estate company it needs a better one! So please use our site when searching for a home in Kalamazoo, Portgage, Grand Blanc, Flushing, Fenton, Rochester, Birmingham or Swartz Creek and if you like it make contact with one of our people, they are the best.
Your agent at ChangingStreets.com is one of the top 1% in the country. The average agent at ChangingStreets.com sells over 24 homes a year, that ranks in the top 1% of all real estate companies in the United States, we take a great deal of pride in this fact because that mean we have earned the trust of a lot of people! in fact over 2500 families have purchased their new homes with the assistance of our site and agents.
You need a Smart, Easy, Sane transaction....you need ChangingStreets.com
Smart, Easy, Sane also is relevant to asset managers and agents. Our best in class REO team has systems in place to be one stop for your REO properties in the states of Michigan and North Carolina, our consistent top notch service will move your product quickly and help you retain value. For more info on our REO department email Scott.Hoyt@ChangingStreets.com or call Adam Abt at 810.955.1087
Designs and implements marketing, training and PR stategies designed to generate revenue for Independant Real Estate brokerages by serving their clients better.
These systems allign the goals of brokers, consumers and agents, they are designed to build referal streams and value for all parties.
ChangingStreets.com is now putting its money where its keyboard is and opening 4 new markets in 60 days, in two different states all while updating its brand website, and polishing current systems. For more information on what is happening check out the ChangingStreets.com Blog
This is easier and cheaper than everyone thinks, how much of your "internet" strategy is online? Are you prepared to service online business? What does it cost you to do business in todays market? Are we talking online and acting offline?
These are problems many small to medium size brokers have. These are hard problems for brokers to see from the inside, we not only indentify problems we implement solutions. These solutions have been proven in the field at our own company. We started at company as a test facility in 2001 and have played with different models, training, and marketing spending hundreds of thousands of dollars to test or strategies. Learn from our mistakes and research. We are market proven, not too many coaches or consultants can say that!!!!
"just people helping people"....
I also have a serious distain for short sale and mortgage fraud and abuse...in my mind they go together like sushi and vodka.
I also have a problem with lazy agents...they want the seller to reduce the price, but they can't take a decent picture?
I love home buyers and sellers, they believe in us, they deserve the best we have to offer. If we can't do that we should go dig ditches.
I am also a huge supporter of RPAC and strongly believe in raising the qualifications for getting a real estate license.
I also have a big mouth, I say things to try and get people to think, not react.
If you share the same dedication to client service and would like to be part of a growing group committed to making the real estate experience a better one contact us, we are rapidly expanding and opening new offices in states through out the south east and midwest. OUr new licensing agreement allows you to take the ChangingStreets.com brand for a test drive and see the benefits of a consumer-centric offering without upfront costs associated with a franchise. The best part is if it doesn't work out, it just doesn't work out! Odds are it will our brand generates fantastic opportunity for your clients and agents alike.
For more information on the ChangingStreets.com licensing and referral agreement contact Scott.Hoyt@ChangingStreets.com or call Scott at 919.208.8368
"Buddy is the king!"
- Holden Rourke, Elk Rapids MI
"Buddy's knot lying he should write the book on what real estate SHOULD be like, he's no square"
-Eloise McGinty, Amish Quilt Society of Eastern Texas
"Groundbreaking Speaker, Entertaining, Honest, Outside the Real Estate Cube....Why DO we have pictures on our cards?"
-Renee Cone, Glendale AZ
"I thought Buddy only sold homes, I always felt like I was the most important person his life while working with him. We bought and sold 7 homes with Buddy and never had one on the market more than 10 days. We were his 3rd client ever and watched ChangingStreets.com grow from a basement to one of the most important companies in our area. And he owes me a $100.00!"
-Al Pylar
"This guy is an A&^ Hole"
- Dick Moran, Extremely Important Guy at a National Real Estate Brand
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