Second mortgage Detroit1

Check out these posts

New Second-Mortgage Program Could Be A Game Changer For Detroit

Many of Detroit’s homes are in need of substantial rehabilitation. Once rehabbed, however, the weak housing market there means they are often appraised for less than the value of the home and the repairs. This creates an “appraisal gap,” which has been holding back the city’s housing market recovery. Last week, Detroit’s Mayor Mike Duggan unveiled the Detroit Home Mortgage Initiative, a new program that could be a potential game changer. The new program, designed to address this appraisal gap,...

You’ve successfully subscribed to Daily Detroit
Welcome back! You’ve successfully signed in.
Great! You’ve successfully signed up.
Success! Your email is updated.
Your link has expired
Success! Check your email for magic link to sign-in.