The Top 10 Reasons More Mortgage Companies Will Go Bankrupt When The FHA Changes Its Guidelines October 2008

Tuesday, August 19th, 2008

1. Since 2006 some 270 major lending institutions have failed and gone bankrupt. This does not include the other hundreds or thousands of other people who got their mortgage brokers license hoping to make a quick buck only to fail when the housing bubble burst. What is really crazy to think is how many people lost [...]

The Top 10 Reasons Macomb County Michigan Is Being Hit With A 25% Increase In Property Taxes

Wednesday, August 13th, 2008

1. What is really crazy is that this article was posted on the Detroit News website today while I wrote an article about a new way to collect property taxes yesterday. In this article it states that the County Commissioner of Macomb County is suggesting to raise property taxes by almost 25% to make up for a [...]

The Top 10 Reasons Why Property Taxes Are Not Calculated Correctly And Need To Change

Wednesday, August 13th, 2008

1. Right now around the country your home is taxed based on a percentage of what the value or home is worth based on what the county assessor thinks it is worth. As an example lets say your local county government has a property tax of 1% and your home was assessed at $300k. You would pay [...]