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Welcome to Michaelson, Connor, & Boul,
Inc.
MCB is a multi-dimensional company that services
a variety of clients covering a spectrum of Government, Commercial,
and privately owned properties. We specialize in large- and small-scale
property management, complete facility and property maintenance
services, and real estate conveyance services. Our services are
offered and provided on a nationwide basis for all 50 States including
Alaska and Hawaii. If you would like to know more about our extensive
capabilities and offerings, please refer to one of the following
links to learn more. We welcome the opportunity to discuss the details
of how we may be able to provide you a high quality-cost effective
solution for servicing your facility and property management and
maintenance needs. From complete outsourcing of day-to-day property
management and maintenance services to individually focused work
environment and real estate conveyance, MCB is your total solution
provider!
We are an asset management company that specializes
in real estate services for mortgage and banking institutions, private
companies and the United States Department of Housing and Urban
Development. We provide superior real estate services driven by
integrity. We are committed to providing our customer base with
superior value and the highest quality services available.
-NEW-
GSA Facilities Maintenance and Management Services click
here
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For Property
Listings please select a state on the right or click
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- August 27th, 2010 Holiday Notice
In observance of Labor Day, the offices of Michaelson, Connor & Boul, Inc. will be closed on Monday, September 6, 2010. As a result, those properties that would have had a bid deadline of 11:59:59 PM on Sunday 9/5/10 will have a bid deadline of 11:59:59 PM on Monday 9/6/10.
- August 26th, 2010 Mortgagee Memo
The Mortgagee Memo is one way MCB intends to reach out and provide news, information, and tips on how Mortgagees can avoid the issues that can cause delays in processing property conveyance to HUD. Our communication goal is to help Mortgagees improve the way requests are submitted, not only increasing the opportunity for approvals, but receiving the decision more quickly. This bulletin is the first in a series of communications to Mortgagees and Servicers toward this goal.
For suggestions on topics you would find useful, or general questions related to mortgagee compliance requests, please e-mail mcm-info@mcbreo.com
- August 4th, 2010 Funding Recieved for All States
MCB has just been informed that funding is now in effect for all states. MCB will resume all services with these states immediately. Thank you for your understanding and patience.
- August 2nd, 2010 Lack of HUD Funding
According to the HUD M&M Contracting Officials, the funding for the HUD/MCB M&M Contract covering the States of Colorado, Montana, Utah and Wyoming has temporarily been depleted. Until such time as HUD is provided with additional appropriated funds for this contract, no further work will be performed. MCB fully expects to be performing all tasks associated with the M&M contract on or before August 10, 2010, but that expectation is dependent on HUD receiving the necessary federal funding.
For more information please check www.mcbreo.com for updates.
- July 19th, 2010 Incentive Expiration for Arizona and Nevada
HUD's $100 Down payment initiative will expire on July 31, 2010. The $100 down payment was for owner occupants (Any individual who purchases a HUD home as their primary residence for at least 12 months after closing and who has not purchased a home from HUD as an owner occupant in the past twenty four months) purchasing a HUD Home with FHA financing. This incentive will continue to be eligible for all contracts signed by seller by July 31, 2010. Contracts signed after the July 31,2010 deadline will not be eligible for the $100 Down payment incentive.
- June 25th, 2010 Holiday Notice
In observance of Independence Day, the offices of Michaelson, Connor & Boul, Inc. will be closed on Monday, July 5th, 2010. As a result, those properties that would have had a bid deadline of 11:59:59 PM on Sunday 7/4/10 will have a bid deadline of 11:59:59 PM on Monday 7/5/10.
- April 8th, 2010 Announcement
MCB is proud to announce that it has been awarded the nationwide Mortgagee Compliance Manager (MCM) contract from the U.S. Department of Housing and Urban Development. MCB will be responsible for pre-and-post conveyance activities including, but not limited to, review of overallowable requests, extensions of time requests, claims reviews, title package reviews and approvals, and ensuring properties are conveyed to HUD in accordance with FHA standards. For additional information please select the following link: http://www.hud.gov/offices/hsg/sfh/nsc/mcm.cfm.
- November 3rd, 2009 Change to Allowable Closing Costs for 203(k) Rehabilitation Loans
Please click here, to see Notice H2009-17 which revises certain provisions related to allowable closing costs for 203(K) rehabilitation loans. For 203(k) loans, HUD will reimburse loan origination fees up to: one percent (1%) of the total 203(k) mortgage amount, plus the Supplemental Origination Fee calculated on line B11 of form HUD-92700 (line B11 is the greater of $350 or 1.5% of the total of rehabilitation costs and allowable fees.)
- March 27th, 2009, Neighborhood Stabilization Program Bulk Sales Initiative: Currently, the bulk sale initiative applies only to Michigan
HUD's new Neighborhood Stabilization Program provides emergency assistance to state and local governments to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight within their communities. The Neighborhood Stabilization Program (NSP) provides grants to every state and certain local communities to purchase foreclosed or abandoned homes and to rehabilitate, resell, or redevelop these homes in order to stabilize neighborhoods and stem the decline of house values of neighboring homes. For more information see HUD’s NSP website: http://www.hud.gov/offices/cpd/communitydevelopment/programs/neighborhoodspg/
As part of this important program, HUD has introduced its Bulk Property Sales Initiative, for eligible NSP grantees to purchase HUD homes with their NSP funds. Properties that have been marketed by MCB for more than 60 days are eligible for this program. While these properties will simultaneously be offered to the general public, NSP participants may locate them on our website under Special Programs- NSP Bulk Sales Listings. Please click here for all specific program information. Please click here for the Michigan NSP Listings.
- December
5th, 2008 ATTENTION ALL REALTORS
AND PURCHASERS IN ARIZONA, MICHIGAN AND NEVADA
HUD’S BEST OFFER APPROACH ON OFFERS SUBMITTED
We are offering a new BEST OFFER approach for selected properties. This special offering will be on all those properties that have been tagged with the notation “All offers will be considered on this property”. The bidding period for this offer will be a five-day closed bidding period, (from Friday until Tuesday), with all offers reviewed on the sixth day (Wednesday). During this closed bidding period, in addition to offering a reduction in price on the designated properties, we will be considering all reasonable offers from both owner/occupants and investor purchasers. Please submit your best offer to us for consideration.
Michaelson, Connor & Boul, Inc. is seeking qualified residential appraisers for these counties only. Each appraiser must be a certified residential appraiser and must be on the FHA roster.
To apply, please select “Contractors” on the left side of this webpage. Then select Forms. Complete all forms and forward the application including all license and insurance verifications, including workers comp, as instructed.
- April 28th, 2008: ATTENTION: MICHIGAN PURCHASERS,
BROKERS AND SALES AGENTS:
MCB is pleased to announce the
marketing of HUD homes in the state of Michigan.
As we continue through the process of transitioning
the HUD inventory, additional properties will be
added to the listings every Friday. We sincerely
appreciate your patience during this process and
look forward to working with you in the near future.
- April 14th 2008:
ATTENTION ALL REALTORS AND PURCHASERS IN MICHIGAN
MCB is currently transitioning
the HUD home inventory for the state of Michigan which
includes inspecting each property, correcting property
condition, and completing full reviews of all the
relevant property documents in order to market these
homes as accurately and quickly as possible.
We sincerely appreciate your patience and understanding
through this process and we anticipate having properties
available for bid shortly. Please check our
website every Friday for updated announcements and
new property listings.
- ATTENTION ALL REALTORS
AND PURCHASERS IN MICHIGAN
MCB is currently in the processes
of transitioning the HUD inventory from the previous
contractor. During this transition we are reviewing
all properties and preparing them for marketing.
We apologize for any inconvenience this delay may
cause and assure you that we will be listing HUD homes
as soon as possible. Please check this website
frequently for updates on the status of Michigan Properties.
We appreciate your patience through
this transition.
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ATTENTION ALL REALTORS
AND PURCHASERS IN MICHIGAN
Effective Monday, March 31, 2008,
Michaelson, Connor & Boul will assume responsibility
for the marketing and management of all Michigan
properties that are not under contract with Chapman
Law Firm. During this transition period all properties
will be reanalyzed and listed in the near future.
Please check our website on a regular basis
for announcements.
If you currently have a signed
contract to purchase a Michigan HUD home with Chapman
Law Firm and need assistance please direct all questions
to (216) 485-0700. Chapman Law Firm will continue
to address property preservation and closing issues
for properties under contract it has executed until
May 14, 2008, after which they will be addressed
by Michaelson, Connor and Boul.
- ATTENTION ALL MORTGAGEES
AND LOAN SERVICERS IN MICHIGAN
Please be aware Michaelson, Connor & Boul (MCB)
will assume the Marketing & Management responsibilities
for the Department of Housing and Urban Development
(HUD) starting March, 31, 2008 in the state of Michigan.
All mortgagee requests should be directed to our attention
beginning March 31st to the following address:
Michaelson, Connor and Boul
Attn: Pre-Conveyance
5312 Bolsa Avenue, Suite 200
Huntington Beach, CA. 92649
(888) 622-7361
(714) 230-3868 fax
Email: mc@mcbreo.com
Please continue to visit our
website for further updates on this transition
- ***FHA Special Sales Incentives
*** NEW*** Please see information on these special
programs under the “Announcements” of
each state page.
- Your HUD Home can
be Your Dream Home
If you are thinking about buying
a REO property that needs repair, FHA’s 203(K)
rehabilitation loan or it’s simplified alternative,
the Streamlined(k) may be a good option for you.
FHA’s simplified Streamlined(k) program for
small-scale repairs is the perfect option for most
HUD REO sales. For the major repairs &
more complicated renovation plans, the Standard
203(K) program is the option.
HUD Homes, like the majority
of property re-sales, require some level of repair.
FHA’s Streamlined (k) program allows the buyer
to finance both the purchase and the cost of minor
repairs and/or upgrades through a single mortgage.
While there is no cap on repairs for the Standard
203(K), the Streamlined (k) allows for repairs from
$1 up to $35,000.
For the Streamlined(k) option,
homebuyers identify their repair needs, which may
include: new carpet; interior and exterior paint;
new appliances; kitchen or bathroom remodel; exterior
landscaping and other minor improvements.
A realtor or FHA approved lender
will be able to answer specific questions about
the Standard and Streamlined 203(K) loan program.
To find out more, visit HUD’s website at www.hud.gov/offices/hsg/sfh/203k/203kslrp.cfm
or call 1-800-CALLFHA.
- Good Neighbor Next Door
Program - HUD has revised regulations governing
the Officer Next Door / Teacher Next Door / Firefighter/EMT
Next Door Special Sales Programs. These Programs are
now known collectively as the Good Neighbor Next Door
Program. Please click here
for an overview and refer to our Special Programs
section of the website for more details.
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