Demand Passage of SB-1306 for a 2 Year Moratorium to Stop all Foreclosures and Evictions in Michigan!!!

 

March On Lansing

State Capitol

Weds., September. 17^th 2008 11:00 a.m.

 

One out of every 11 mortgage holders in the U.S. in now delinquent on their payments or are in foreclosure. People who don't even have subprime mortgages and just are obligated to regular interest loans are now facing this crises. As far as numbers, Michigan is one of the worst states for home foreclosures. Every city, town and area in our state is affected by this reaction. Evictions, blight, abandoned and vandalized homes, devastated communities; ENOUGH IS ENOUGH! With high unemployment , lowerd wages and benefits, soaring gas, fuel and food prices, the people demand relief!

In response to this crisis, Senator Hansen Clarke has introduced a bill in the State Legislature that would declare a 2- year moratorium on home foreclosures in Michigan. This law would delay the sheriff's sale for two years of extend the redemption period from six months two years allowing people to stay in their homes and make responsible payments based in part on their income.

The banks and mortgage companies strongly oppose this bill and have mobilized their well paid lobbyist to strong-arm (and bribe) our elected representatives into opposing the foreclosure moratorium. They do not care one iota about people or our communities.

Only a mass outpouring of people from Michigan will force the State Legislature to pass SB-1306, Sen. Hanson Clarke's bill for a 2-year moratorium to stop foreclosures.

Join us in the fight to get this bill passed. Call your state representative and senator and urge them to pass SB-1306. Organize your friends, gamily, and co-workers, classmates, neighbors, unions, and church members and everyone you know to march on Lansing on September 17^th. Support the email campaign to your elected officials at www.moratorium-mi.org. to view video explaining bill go to http://www.senate.mi.gov/dem/play.php?id=360

Michigan has a lot to offer. Not to sound cliche' but Michigan's foreclosure rate is at an all time high. There are so many programs for people to own a home, get in a home, and build credit. As long as there is a certain degree of poverty there will always be options for help, especially in foreclosure or just in the housing market in general.

  A group of small investors are working with HUD and they have developed a program for senior citizens to OWN a home for nearly free! If you have bad credit and/or are in foreclosure, there is a way to own a home with 40% equity in it and have a mortgage with 6% interest, no monthly payment! The investors that work with HUD in this positive program buy homes in bulk. They do bulk buys from mortgage company asset managers and REO agents for 10-20 cents on the dollar!! Limited info, but if you want to know more about this program, email me at masonrealty@gmail.com or ask my partner Mark Maupin through active rain or N.R.E.N.

As long as there is a certain degree of poverty, there is a certain degree of Government aide. It is NOT cliché', people just need to research a little. It can make a BIG difference in our city!

 

There is  a new Section 8 program for qualified tenants to own thier home in Wayne county! Program has just passed a few months ago. Affordable homes are available. Email Steve Mason at masonrealty@gmail.com for more in depth information on the new programs and affordable homes.

To Qualify, the family must....

1.) Have participated in DHC's HCV Tenant-Based Rental Assistance for one year and be in good standing with the agency

2.) Be a 1st time home owner

3.) Be Enrolled in the family Self-Sufficiency Program (FSS) or the head of the household must be elderly or a person with a disability.

4.) Be employed full-time for not less than one year ( employment must average a minimum of 30 hrs. per week) unless elderly or disabled ($10,300)

5.) Have good credit (Credit score of 600 or better; and at least 2 yrs. since bankruptcy)

6.) 12- month on time payment history.

 

If You Are Trying to Get Approved For a Home or Car & Your Credit is Not Up To Par, listen to this............

 

!!!!FOR INSIDER TIPS IN REAL ESTATE VIEW MY BLOGS & LISTINGS ON ACTIVE RAIN!!!!
www.activerain.com/crownkid7

The credit industry is one that does not have a lot of regulations. About 97% of credit reports have  mistakes and errors on them that shouldn't be there in the first place. The people who work for most credit companies that pull, run, and/or check your credit are regular people like you and I. They get paid around minimum wage, so you can only imagine some of the mistakes that are made. There is a local company in the Metro-Detroit area called "Credit Consulting Group, LLC" that will help you raise your credit score up to 30 points in 30 days, absolutely no charge! 

To save you some time please note,  there is a quick 3 page application that must be filled out first. The application requires your credit score FICO, TRANSUNION, and EXPERIAN. (There are some websites where you can actually pull up your score for nearly if not no money at all! Email me at masonrealty@gmail.com  and I will be glad to mail you the application).

 

More Info? Email Mary Griffin at creditservices@creditconsultinggroup.com