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City of Kalamazoo Housing Code Changes

To All The Landlords & Want to be Landlords Out There!

Owning rental property in the City of Kalamazoo can be tough.  Trust me I know first hand everything you have to go thru.  Not only do you have all the rigors of being a landlord like tenant screening, repairs, & yes the occasional eviction.  You also have the joy of dealing with the rental property certification in the City of Kalamazoo.  I always find it interesting how the City comes thru to inspect the property it the owner does the repairs, then a few years later they come thru an an issue comes up on an item that has been there for many years and was there last time they inspected the property.  So very frustrating!

Well I have some good news.  The City of Kalamazoo is looking to simplify the rental housing inspection code and move to a more universal code.  The International Property Maintenance Code (IPMC).  In order to implement this code there are a number of changes that need to be made to the current city code.  As part of this process the City of Kalamazoo is seeking the advice and input of KARHA – Kalamazoo Area Rental Housing Association.  KARHA is a local group of property investors and Landlords in the Greater Kalamazoo Area and brings years of first hand knowledge and experience to the table.

Now here is the really cool thing, YOUR voice can be heard as well.

At 7:00 pm on 9/22/2014 at KARHA’s general meeting there be housing inspectors, city commissioners, KARHA members, & guests to discuss the upcoming changes to the code.  This is a must attend meeting for anyone in the city that owns rental property.  I hope to see you there!

Click here for more information on the event and to download the proposed changes.

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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.

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