City Of Kalamazoo Housing Inspection News
Well the City of Kalamazoo has release there Summer 2013 Newsletter. Couple interesting things to note.
- Landlords so be sure to schedual reinspection for renew certificates well in advance to take advantage of the 40 month certificate. To find out when a certificate expires click this link Property Tax then select city of kalamazoo, then click rental property.
- New fee schedule see the newsletter for details but something I personally got burned on. . . what happened to the warning letters. In the past if a resident didnt mow the grass I recived a warning letter, called them and made them mow. Just recently the waring letter had a fee associated with it, basically no more warnings! They send a letter you pay a fine, ouch!
- I found it interesting that they note Lead Paint, scary. . . . more info at www.michigan.gov/leadsafe
- Tax Foreclosure Auction comming soon! Aug 22, 2013 properties can be viewed at www.tax-sale.info
For the full version of the newsletter Download the PDF file below.
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HUD Home Financing Options
Understanding HUD Home Financing Options: A Comprehensive Guide
Buying a home is an exhilarating yet intricate process. For many, the dream of homeownership can seem daunting due to financial constraints. However, the U.S. Department of Housing and Urban Development (HUD) offers various financing options designed to assist individuals in purchasing HUD-owned homes, making the dream of owning a home more achievable. It is important to have a lender that is up to the challenge of navigating HUD home financing.
These properties are foreclosed homes. The previous owner had taken out an FHA mortgage and didn’t make the payments. Subsequently, these homes were foreclosed on. Often, these homes require repairs, and the utilities can’t be turned on. Frankly, HUD (the seller) doesn’t care – the properties are sold as-is, and HUD will not make any repairs to the home. That’s where things can get hairy if the lender is not equipped to navigate the process.