Michigan Real Estate Companies are Being Consumed by Greed

Released on: December 21, 2007, 7:56 pm

Press Release Author: THE QUICK HOME FINDER.COM LLC

Industry: Real Estate

Press Release Summary: Southfield, MI -- Why are there so many vacant homes and
failed real estate companies in Michigan? With the cost of real estate so low, why
aren't more people motivated to buy a house in Michigan?

Press Release Body: Michigan home foreclosures are among the highest in the nation
with over 200,000 wide spread from Wayne County, Oakland County, Livingston County
and so on. This may explain why the costs of homes for sale in Michigan are ranked
among the lowest the nation. These homes for sale are listed on
http://www.thequickhomefinder.com, but with so many affordable homes available, no
one seems to be interested in buying a house in Michigan.

The devious nature of mortgage companies in Michigan is mainly to blame. The last
time market conditions were this favorable was back in August, 2004. That was when
mortgage companies in Michigan offered adjustable rate mortgages to consumers with
low income and bad credit. Initially consumers were satisfied, able to afford a home
and refinance with low interest.

As the interest rates began to rise, the equity accumulated by homeowners was too
enticing for the greed of mortgages brokers to resist. But their plan backfired;
homeowners were forced to forfeit their property which meant banks and mortgage
companies in Michigan could not collect their money. The Quick Home Finder.com, a
real estate company with a multi listing service, is adding property for sale to its
data base all the time because of all the people who have lost their home in the
past three years. Now people don't trust realtors, real estate agents, real estate
brokers or loan officers, but the do trust http://www.thequickfinder.com LLC to find
the house they want for the price they can afford.
About TheQuickHomeFinder.com LLC:
Quick Home Finder is FREE, easy to use, comprehensive way to find the perfect home
to Buy or Rent. Our real estate insiders are ready to assist you whether you are
looking for a dream home, or an investment property. We give you best tools so you
are equipped to make right decisions to buy real estate in Michigan. Get more
information at http://www.TheQuickHomeFinder.com
Contact:
Larry Morris
888-851-3710
larry@thequickhomefinder.com
The Quick Home Finder.com services the following Counties, Townships and Cities:

Oakland County
--Addison Township, Auburn Hills, Berkley, Beverly Hills, Bingham
Farms, Birmingham, Bloomfield Township, Clawson, Commerce Township,
Farmington, Farmington Hills, Ferndale, Franklin, Hazel Park, Highland
Township, Holly, Holly Township, Huntington Woods, Independence
Township, Keego Harbor, Lathrup Village, Lyon Township, Madison
Heights, Milford, Milford Township, Northville, Novi, Oak Park,
Oakland Township, Orchard Lake, Orion Township, Oxford Township,
Pleasant Ridge, Pontiac, Rochester, Rochester Hills, Royal Oak,
Southfield, South Lyon, Troy, Walled Lake, Waterford Township, West
Bloomfield Township, White Lake Township, Wixom

Wayne County
--Belleville, Brownstown Township, Canton Township, Dearborn, Dearborn
Heights, Grosse Ile Township, Grosse Pointe Shores, Grosse Pointe
Woods, Hamtramck, Inkster, Livonia, Northville Township, Plymouth,
Redford Township, Riverview, Romulus, Taylor, Trenton, Wayne,
Westland, Wyandotte.

Washtenaw County:
Ann Arbor, Bridgewater, Chelsea, Dexter, Manchester, Salem, Saline,
Superior Township, Whitmore Lake, Whittaker, Willis, and Ypsilanti

Livingston County:
Brighton City, Cohoctah Township, Deerfield Township, Green Oak Township, Handy
Township, Howell City, Iosco Township, Village of Fowlerville, Brighton Township,
Conway Township, Genoa Township, Hamburg Township, Hartland Township, Howell
Township, Marion Township, Putnam Township, Unadilla Township, Village of Pinckney

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This Press Release has been submitted by PREasy.com


Web Site: http://www.TheQuickHomeFinder.com

Contact Details: THE QUICK HOME FINDER.COM LLC
20700 Civic Center Drive
STE 170
SOUTHFIELD, Michigan 48076

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