Shelbyville Real Estate News
Real Estate news for Shelbyville, MI continually updated from thousands of sources.
Wednesday Nov 4 | via MLive.com
Former real-estate developer Charles Patrick Gahan was sentenced Wednesday, Nov. 4, to five years, 10 months in federal prison in an $8 million "mortgage-stacking" scheme. Gahan, 52, was remanded to the custody of U.S. Marshal's Service after sentencing by U.S. District Judge Robert Holmes Bell. Comment?
Wednesday Nov 4 | via MLive.com
Charles Patrick Gahan, 52, who has been living in Florida, will join co-defendant Scott Hoeft, owner of Prime Title Services, in the federal Bureau of Prisons for defrauding banks, lenders and real-estate title insurance companies. Hoeft wrote title insurance policies for First American Title and Old Republic National Title Insurance and committed financial fraud against several financial institutions linked to Gahan's residential developments. Comment?
Oct 28, 2015 | via MLive.com
Ann Arbor's original "tiny house" community just passed a quiet milestone: A listing in Pittsfield Village hit the market this month priced at more than $100,000. The two-bedroom, 695-square-foot tri-level on Parkwood went under contract quickly - reportedly for even more than the $109,000 list price - signaling that Ann Arbor's hot real estate market seems to be reaching every corner of the market. Comment?
Oct 22, 2015 | via Patch.com
With combined assets of more than $1 billion, Level One Bank will become the largest locally owned bank in Oakland County. Level One Bancorp Inc. will acquire Farmington Hills-based Bank of Michigan, also based in Farmington Hills, under an agreement announced Thursday. Comment?
Oct 1, 2015 | via ClickOnDetroit
Starting Oct. 3, new federal rules go into effect that are designed to make the process a little easier. As with any new change, there will be ripple effects and those changes will impact how quickly you are able to buy and sell a home. Comment?
1 hr ago | via The Spokesman-Review
What's an attractive living option for an elderly homeowner who is house rich and cash poor, yet cannot afford to sink all of the equity of the family home into a newer, maintenance-free house or condominium with people their own age? What's an attractive living option for an elderly homeowner who is house rich and cash poor, yet cannot afford to sink all of the equity of the family home into a newer, maintenance-free house or condominium with people their own age? Builders and developers in many areas of the country have begun to explore active living rental communities , upscale apartment buildings with elegant entries and comfy common sitting areas in neighborhoods where rental housing would accommodate longtime local residents who no longer choose to own. Comment?
Yesterday | via Bellingham Herald
Many banks sell their mortgages to other financial institutions, but the transfer doesn't affect the borrower's credit score. We have had our mortgage for five years, but it was sold to another lender in July. Comment?
Friday | via Philly.com
What it does : The website offers a hand-selected roster of rental properties that are next to national and state parks, as well as other protected areas of natural beauty in the United States, Britain, the Canary Islands, and Italy. What's hot : Nature is more than just mountains and wilderness; retreats also are available up and down the Atlantic Coast. Comment?
44 min ago | via American Reporter
There's been a lot of talk of late that there are glimmers of hope in the American economy. Since President Obama's economic stimulus package was enacted and the Federal Reserve and the Treasury Department both announced plans to buy up distressed assets and backstop mortgage-backed securities, the financial markets seemed to have steadied themselves. Comment?
53 min ago | via American Reporter
Happy Holidays to all from Angel Fire, N.M., where it is -15 F. at this writing. With a wind chill of -25 F., we're one degree off the coldest temperature ever recorded on this date in New Mexico. Comment?
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