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Foreclosure

Friday, March 29, 2013

Got Delinquent Taxes? Calling County Treasurer May Prevent Foreclosure

Andy Meisner says a "1-2" punch can help homeowners avoid losing their properties.

Property owners with delinquent taxes from 2010 and earlier have until March 31 to take action that will prevent foreclosure. Oakland County Treasurer Andy Meisner is urging those with late property taxes to give knock them out with a one-two punch. “The first punch ... to knock out delinquent property taxes is contacting our office immediately at 248-858-0612 to work out a monthly payment plan,” Meisner said in a press release. "The second punch ... is applying for the Step Forward Michigan Program for Property Tax Assistance, which can ‘knock out’ up to $30,000 in delinquent property taxes for families facing hardships.” Under Public Act 123 of 1999, property owners have until March 31 of the third year of their delinquency to have their…

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Your friendly (not) local Farmington Hills Curmudgeon!!

9:01 am on Friday, March 29, 2013

I will confirm what Carol has written. Even if you are UNSURE if you are going to stay in Oakland County - call the treasurer's office and they are happy to help. In my case I could not make up my mind whether to stay in Farmington Hills or move - but the deal I made with the Treasury Office allowed me the time to figure things out. Either way - stay or move - it put me in control of my destiny…   more ›

Sunday, January 20, 2013

Looking for a Real Estate Deal? Check Out Farmington Area Foreclosed Homes

These properties are listed with Aol Real Estate.

We're partnering with Aol Real Estate to bring you information about properties for sale in Farmington and Farmington Hills, and today, we're focused on homes in foreclosure.  If you're interested in making this kind of investment, take a look at the photos above, then follow the links below to learn more about some of the properties currently listed:

Your friendly (not) local Farmington Hills Curmudgeon!!

1:28 pm on Sunday, January 20, 2013

15 years ago I bought my home in Farmington Hills for $600,000. Put another $500,000 into it bringing the total investment = $1,100,000. I fought the property tax man downstairs in Farmington Hills City Hall basement for years and despite bringing in THREE appraisals showing the house valued at $525,000 - he never lowered the value until many years later. Well folks - I ain't no quitter, BUT I DO…   more ›

Tuesday, January 15, 2013

Oakland County Families May Benefit from Delinquent Taxes Program

Step Forward Michigan Loan Rescue Program offers help with delinquent taxes, interest and fees to eligible homeowners.

According to Oakland County Treasurer Andy Meisner, Oakland County is participating in a new property tax foreclosure prevention initiative that will help pay the delinquent taxes, interest, and fees of eligible homeowners up to $30,000 from federal “Hardest Hit” dollars administered by the Michigan Housing Development Authority (MSHDA). “Step Forward Michigan’s Loan Rescue Program for delinquent taxes is going live tomorrow, and we want to have every eligible Oakland County family first in line,” Meisner said. “This helps families keep their homes, and helps the County’s bottom line.” Under the program, which starts Jan. 15, delinquent taxpayers may be eligible to have their delinquent taxes, interest, fees, and condominium association …

Sunday, August 19, 2012

House Hunt: High-End Foreclosures For Sale in Farmington Hills

These three homes are all valued at more than $200,000.

Not all foreclosed homes come with bargain basement price tags.  These three properties in Farmington Hills boast plenty of space and only one is fairly new on the market. Browse through the photos above for basic information and follow the links below for complete listings at AOL Real Estate: 31135 Scenic View Circle Unit 18 - $362,000  25612 Livingston Circle - $235,000 30390 Tanglewood Dr. - $224,900

Friday, December 30, 2011

New Michigan Laws for 2012 Govern Foreclosures, Schools, Fireworks and Jobless Benefits

Farmington officials are on record opposing the new law that lifts the cap on charter schools.

Among the laws that take effect in 2012 is a measure strongly opposed by Farmington Public Schools officials. State legislators and the governor are lifting and eventually removing a limit of 150 university-authorized charter schools statewide. When the 2011-12 academic year ends next June, the number of charter schools that may be authorized doubles to 300 through 2012 and later reaches 500 through 2014. After that, there's no cap. Free public charter schools must participate in state assessments under the new law. "Charter schools play a critical role in providing Michigan students and parents with alterative educational options," Snyder said in a Dec. 20 signing statement. "This reform gives families who are trapped in failing schools …

Monday, December 19, 2011

Farmington Hills Resident Takes Foreclosure Case to the Web

Melissa Brodsky is creating a community of foreclosure stories on her blog.

In 2008, Melissa and Eric Brodsky worked with Countrywide Financial on a loan modification for their Farmington Hills home.  Now, Countrywide no longer exists, and neither does the loan modification. For the past three years, the Brodskys have fought with Bank of America, which bought Countrywide in 2008, to keep the house. And Melissa Brodsky, an active and avid user of social media, has taken that battle to the Internet.  What galls her is that when Bank of America took over the loan, it seemed like everything would work out.  "They said we won't honor the agreement, but if you qualified for Countrywide's loan modification, you'll qualify for our program," she said. "Then they turned us down – four times."  "If (Bank of America is) …

George Markasian

10:40 am on Wednesday, December 28, 2011

Congratulations, Terry - you've won the insufferably Smug & Delusional Award for 2011! You seem to see the world as you wish it would be, rather than entertain the reality portion of it. I don't believe your stories for a nanosecond - and don't think anyone else does either, but don't let that stop you from assuaging your feelings of superiority by anonymously trashing others online. If it is …   more ›

Wednesday, December 14, 2011

Homeowners Get Foreclosure Advice at Workshop in Farmington Hills

An Oakland County program offers residents no-cost help in difficult economic times.

Housing counselor Lon Shook didn't waste a breath as he talked with about a dozen homeowners Tuesday night at the Costick Center in Farmington Hills.  Representing the Oakland County Community & Home Improvement Division's program for homeowners facing foreclosure, Shook talked and answered questions for nearly an hour at "My Home - My Future", a home ownership retention seminar. There was a lot of ground to cover, from the timeline of a foreclosure to the tools homeowners can use to get themselves out of trouble. Shook said the "first thing (lenders) have to do is give you an opt-in letter", which homeowners must answer within 14 days to participate in mediation that can help them save their homes. Typically in Oakland County, he said, …

luiscarterz

3:30 am on Thursday, December 15, 2011

A friend of mine told me about the 123 Refinance and by refinancing for a shorter term, you might be able to become debt-free at a younger age than you previously expected, thus setting yourself up for a more secure retirement.   more ›

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