Michigan Mortgage

Should I pay off my mortgage or not?!

If I were a customer of mine today I would be asking my mortgage broker, “Hey, Evan! What happened? Why the change? Should I pay off my mortgage or not!?” I would be asking for an answer. I wouldn’t let me off the hook…

Land Contracts – Part V – For Buyers This Time

Buying on Land Contract?

Because the $8000 first time homebuyer tax credit is available to you and because you may have damaged credit – you may be considering buying a home using a Land Contract. The following is meant to be helpful but is not an exhaustive list of things to consider when buying a home using a Land Contract. It is always important to get legal advice from an attorney.

That said, read these paragraphs as a good start to getting your mind around how the Land Contract works…

TKO of the HVCC by the NAMB!!?

I have been holding on to this post for some time, but on Friday, the subcommittee working on House Bill HR3126 approved it in committee. This bill contains something better than we have all been hoping for regarding HVCC and its heading for the full House of Representatives.

Wait on that Harley

So you want to buy a Harley? And that new house you’re closing on in a month has the perfect garage for it. It sure seems like the stars are aligning for you, and maybe they are (if you believe in that sort of thing). But before you and the Mrs. go shopping for matching leather chaps, you might stop and consider something…

The Folly of the Reg Z Exemption

There’s an interesting pair of verses in the book of Proverbs. They go like this: “Answer not a fool according to his folly, lest you be like him yourself.” Then right after that we read, “Answer a fool according to his folly, lest he be wise in his own eyes.” This is no contradiction…