What First-Time Home Buyers Need to Know (2021)

Buying your first home is a huge project. It, most likely, will be the biggest purchase you ever made and, most likely, will be until you purchase an even more expensive house. With such a big purchase ahead of you, you need to understand exactly what the buying process is like, so that you can […]

Ken Gross: How the Legislature hurt Michigan homeowners

Ken Gross: How the Legislature hurt Michigan homeowners

By Ken Gross | Detroit Free Press guest writer I’m not sure why this applies — but the adage “all good things must come to an end” rang true last week, a key afforded to homeowners expired. In July 2009, the Legislature passed a statute to help homeowners facing foreclosure to save their home. The […]

Beware of Scammers

 A “ FORECLOSURE PREVENTION SPECIALIST”  These scams involve someone taking large fees up front to negotiate with your lender and “save your home.” There is no need to pay someone to speak to your lender on your behalf – most lenders will work with you directly to help you save your home. THE LEASE / […]

Possible Warning Signs of a Predatory Loan – Part 1

Predatory lending is the practice of using unfair, deceptive, and abusive tactics in lending money. Unscrupulous lenders in the mortgage and consumer lending industries take advantage of borrowers who are less knowledgeable about lending practices, getting them to agree to loan terms that are not only less than desirable, but also financially damaging. Predatory lenders […]