BLB Resources Inc. - Innovative HUD & REO Services

Michigan Agent Information

For forms and to search for available HUD properties, please visit the Michigan State Page on Michaelson, Connor & Boul's website.

 

For MCB's Updated MI HUD Broker Handbook (revised 9/09), click here

New Lead-Based Paint Guidelines:

If deteriorated lead-based paint was identified in the Lead-Based Paint Inspection Report and the property is being sold with FHA financing, except 203(k), HUD will only perform stabilization, if the cost estimate is $4,000 or less.  If the cost estimate is greater than $4,000, HUD at its sole discretion may:

  • Cancel the sales contract.
  • Allow the purchaser to amend the contract financing to FHA 203(k) or conventional.

In the event HUD cancels the sale, the purchaser will be entitled to a 100% refund of the earnest money deposit.

For more information, please visit MCB's Michigan Announcements

 

Attention Real Estate Agents

Michigan Real Estate licenses expire on October 31, 2009.  If you do not complete the necessary requirements and renew your license prior to expiration, MCB has informed us that the commissions to be paid on any HUD sale that closes while your license is inactive will be mailed to your broker.  Please make sure that you have renewed your license no later than October 31, 2009.

 

Michigan HUD Training:

Western Wayne Oakland County Association of Realtors
24125 Drake Road
Farmington, MI 48335

March 24, 2010
9:30am to 11:30am


RSVP: Jack & Charlene Lucas, Century 21 Premier
734-453-4300 or charlene.lucas@century21.com

 

GRAR Office
6600 Kenmore Avenue SE
Grand Rapids, MI 49456

January 13, 2010
9:00am to 12:00pm

RSVP: Mike Childress, Childress & Associates
616-459-7932 or info@chilhomes.com

 

LUTAR Offices
208 E. Genesee Street
Lapeer, MI 48846

January 18, 2010
10:00am to 12:00pm

RSVP: Raymond Megie, Realty Executives
810-245-7653 or ray@michiganreo.com

 

MCAR Building
2125 Butterfield Road, Ste. 100
Troy, MI 48084

January 18, 2010
1:00pm to 3:00pm

RSVP: Evduza Ramaj, Inside Realty
248-758-0022 or lisa@insiderealtyllc.com

 

Downriver Association of Realtors
2674 W. Jefferson, Suite 101
Trenton, MI 48183

January 19, 2010
9:30am to 11:30am

RSVP: Kay McMahon, RE/MAX on the Boulevard
734-571-2512 or kay727@hotmail.com

 

Board of Realtors
2350 Monroe Street
Dearborn, MI 48124

January 20, 2010
11:30am to 2:30pm

RSVP: Joe Kadaf, RE/MAX Leading Edge
313-277-7777 or jkadaf@yahoo.com

 

FAAR Office
G-4428 Fenton Road
Flint, MI 48507

January 20, 2010
1:00pm to 3:00pm

RSVP: Casey Hardin, the Paul Raymond Team
810-600-1228 or 810-767-6330 or casey@flinthomes.net

 

Prudential Preferred Realtors
820 Capital Avenue
Battle Creek, MI 49015

January 21, 2010
2:00pm to 4:00pm

RSVP: Cassie Robert, Prudential Preferred Realtors
269-441-4219 or michrobertsteam@gmail.com  

 

Webinar: "Selling HUD Homes"
January 26, 2010
8:00 AM - 9:00 AM PST

Click here to join:
https://www1.gotomeeting.com/join/381304249/106806475

 

Lenawee County Association of Realtors
4125 Occidental Highway
Adrian, MI 49221

January 27, 2010
12:00pm to 2:00pm

RSVP: Lori Wolfe, Century 21 Elite
517-263-0325 or lwolfe@lcarlive.com

 

Webinar: "HUD - How to sell HUD homes"
Wednesday, January 27, 2010
1:00 PM - 3:00 PM EST

Click here to join:
https://www1.gotomeeting.com/pjoin/828245609/105212132

 

Monroe County Association of Realtors
14930 La Plaisance Road
Monroe, MI 48161

January 28, 2010
10:00am to 12:00pm

RSVP: Connie Hotchkiss or Tammy Wood - Gerweck Real Estate
419-367-5112 or 419-350-6432 or tammyrealtor1@hotmail.com  

 

GLAR office
4205 Charlar Drive, Suite 3
Holt, MI 48842

January 28, 2010
1:00pm to 3:30pm

RSVP: Rachel Raymer, Weymouth & Associates
517-694-7653 or rraymer@greaterlansing.com  

 

Real Estate One - Central
25800 Northwestern Hwy, suite 220
Southfield, MI 48075

January 28, 2010
1:00pm to 3:30pm

RSVP: Steve Katsaros, Real Estate One
248-208-3990 or hudtraining@realestateone.com  

 

MCAR Building
36800 Gratiot Avenue
Clinton Township, MI 48035

February 17, 2010
9:30am to 12:30pm

RSVP: Rob Shaffer/ Andrea Richards - RE/MAX Acclaim
586-285-5555, ext 126 or arichards@fastersalemorecash.com

 

Webinar: "Successfully Selling HUD Homes"
March 25, 2010
1:00 PM - 3:00 PM EDT

Space is limited.
Reserve your Webinar seat now at:
https://www1.gotomeeting.com/register/414671217


Real Estate One - Academy
25800 Northwestern Hwy., Ste. 100
Southfield, MI 48075

May 6, 20010
Registration: 12:30 PM
Class Session: 1:00 PM - 4:00 PM EDT

RSVP: Go to http://sellinghudhomes.eventsbot.com/ , select 'Register Now'
Pay $10.00 fee at the door, light snack included
HUD Training: 248-208-2975

Federal Housing Administration "FHA"

The Federal Housing Administration, generally known as "FHA", is the largest government insurer of mortgages in the world.  A part of the United States Department of Housing and Urban Development (HUD), FHA provides mortgage insurance on single-family, multifamily, manufactured homes and hospital loans made by FHA-approved lenders throughout the United States and its