Tag: mshda

What to do when you’re facing foreclosure

Posted on August 28, 2017 by - Local Michigan, Mortgage Tips

If you’re facing foreclosure, you’re not alone. According to RealtyTrac, 1 in every 3,426 homes in Michigan are being foreclosed in 2017. Muskegon is the worst county for foreclosures in the state, with every 1 in 1,063 homes being foreclosed. What should you do when you’re facing foreclosure? Communicate with your lender Your first instinct… Read more »

New MSHDA Grant | MSHDA Down Payment Assistance Flaws

Posted on March 22, 2014 by - Buying a Home, First Time Home Buyer, Local Michigan, Mortgage Tips

  What everyone is referring to as the new MSHDA grant is not free money. Actually, it is not even a grant. It is a second mortgage that may be used in place of a down payment when buying a new home in the form of down payment assistance. Contrary to what most people assume,… Read more »