Housing-related zoning amendments recommended by GR Planning Commission
The amendments— parsed into five categories— primarily serve to increase housing supply, in accordance with a recent update to the city's Housing Needs Assessment, which states a need for 14,106 new housing units by 2027 (an average of 2,831 per year, a pace not currently being met).
Read more at Fox17
The proposal, which FinCEN was previously slated to unveil this year, is expected to require real estate professionals report the identities of the beneficial owners of companies buying real estate in cash to the regulator. Anti-corruption advocates have been pushing for years for regulators to close a loophole they say allows criminals to hide money in U.S. real estate.
Read more at yahoo! Finance
The Michigan State Housing Development Authority will expand its MI 10K DPA program statewide, helping low and middle-income homebuyers overcome the biggest barrier to home ownership: the down payment. The program was previously offered exclusively to 236 zip codes, but is now available throughout the state.
Read more at Michigan.gov
Future Returns: Turning Low Stock Prices Into a Plus for Estate Planning
A bear market in stocks may be painful, but it can create the right circumstances for estate planning.
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5 Reasons You Should Visit A Real Estate Lawyer Before Buying An Office
Whether you’re buying or selling an office, you should think about hiring an attorney for your next real estate transaction.
Read more at Legal Desire
You might need a real estate attorney for certain transactions, or a real estate lawyer, to navigate all the necessary legal requirements. They can also help you avoid potential landmines, so that you can protect your real estate investment.
Read more at: Forbes.com
It’s not illegal - It’s a 40-year contract, and even if you die, whomever inherits your home is also locked in with MV Realty.
Read More at: WoodTV Target8
It's more important than ever for title insurers and investors to follow protocols to ensure money transferred by wire is carefully guided to the right destination, whether for real estate closings or for construction escrow services.
Read more at - Daily Herald
Unlike other programs and safety nets created to help homeowners and renters hurt economically during the COVID-19 pandemic, this program will also assist those with land contract homes, who had limited aid during the health crisis.
Read more at Detroit Free Press
