Real estate blog entries tagged with home buyers by Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate

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home buyers: Are You SURE Your 'peeps' KNOW about the $8,000 TAX CREDIT? What Could a MILLION Real Estate Agents Do in 24 Hours... - 04/18/09 06:48 PM

I don't think it's just me. But, I wondered if some of you are also having the experience of running into great potential home buyers, who are buying their first home, and have somehow MISSED the news about the FREE money they can access if they buy a home this … (15 comments)

home buyers: How to Successfully Engage the Sale of "The Angry House!" Part 2 - 04/09/09 01:13 AM

Sometime ago, I wrote a post about dealing with 'angry houses.' In the Grand Rapids, MI real estate market, the percentage of homes sold through foreclosure and short sale has risen to approximately 70% of all transactions.
The post was written from the perspective of dealing with a homeowner during a … (62 comments)

home buyers: Tempest in a Teapot...How Stormy Market Conditions Are Creating Positive Change! - 06/10/08 02:34 PM

Summer weather roared in with blazing high temperatures and strong storms here in Grand Rapids, Michigan! It's been a little while since I've been able to look out my window at a clear blue sky and gently swaying trees. In some ways the recent rush of climatic activity is a metaphor for … (21 comments)

home buyers: A Tale of Two Ladies, Two Homes & A Closing... - 06/03/08 01:02 PM

One never knows how a transaction will turn out. Nor are we ever fully cognizant of the manner in which our lives and experiences will intersect. What happened this past week is a testimony to the mysterious workings of life that have a way of binding us together.
A couple of years ago, … (20 comments)

home buyers: Introducing the iPod DJay... - 04/28/08 09:23 PM

It's Friday night. If you're anything like me, Friday Nights are nights when you let down your hair and relax a little...perhaps dinner, a movie, or a show. This past Friday is no exception. We've still got a teenager at home who doesn't drive, so Friday night involves playing part-time taxicab driver too. … (13 comments)

home buyers: Spring in the Evening... - 04/25/08 06:40 PM

It was one of those absolutely gorgeous Spring days here in Grand Rapids, Michigan. The Magnolia tree is blossoming in full splendor! The flowering Crab tree is pushing out it's first blossoms too. But there's something else happening...(This picture was taken a couple of days ago) Now, this tree has started … (26 comments)

home buyers: The NEW ABC's of FSBO Financing in Grand Rapids Michigan - 04/12/08 06:26 PM

Trying to sell a home in Grand Rapids, Michigan has not been easy for the past few years due to the crisis in the manufacturing sector, the mortgage industry implosion and the glut of homes which deluged the market within the past 24 months.
Selling a home without help as an Unrepresented Seller presents … (13 comments)

home buyers: What's It Gonna Cost to BUY A Home in Grand Rapids, Michigan? (Part 2) - 03/31/08 08:10 PM

The response to this Question from Homeowners has prompted me to do a similar article to address an issue which is also on the minds of many homebuyers. Although, the notion that you can buy a home for NO MONEY down has come under intense pressure in recent months, buyers have always … (6 comments)

home buyers: What's It Gonna Cost to BUY A Home in Grand Rapids, Michigan? (Part 1) - 03/31/08 06:58 PM

The response to this Question from Homeowners has prompted me to address the same issue which is also on the minds of many homebuyers.
Although, the notion that you can buy a home for NO MONEY down has come under intense pressure in recent months, buyers have always wondered about what the … (4 comments)

home buyers: When Bargain Hunting Hits Mainstreet...4 Ways to Get the Most Bang for Your Buck! - 03/26/08 09:35 PM

Bartering is an ancient financial tool which is still widely used in many countries around the world to establish the value of an item on the market. It was also common in the United State until department style stores started putting price tags on products.
Most adults alive in the United States … (18 comments)

home buyers: Why Your FICO Credit Score May Be Working Harder Than You Ever Imagined! - 02/13/08 08:03 PM

Most of us know Uncle Sam pretty well. Some of us may be somewhat unfamiliar with with another significant relative in the American monetary landscape...Mr. Fair Isaac. So, here's a quick history lesson.
Fair Isaac came into being in 1959 as the creation of two brilliant people: Mr. Bill Fair who was an engineer and … (24 comments)

home buyers: How To Avoid Being Trapped By Your Trade-Up Model! - 01/29/08 12:35 AM

With interest rates dropping to their lowest levels since 2004, the home equity loan re-finance bug is itching a lot of folks again. As we approach the Spring Market which traditionally swings into full gear around March, home buyers will be able to take advantage of low interest rates and a large … (18 comments)

home buyers: When Rates Go Down...Smart Buyers in Grand Rapids, MI Start Moving! - 01/09/08 06:23 PM

Rates are going down. Yippee Yeah! This is Great News For home buyers in Grand Rapids, Michigan. According to a January 9, 2007 article by Inman News, the Mortgage Bankers Association, a trade group for lenders indicates that this past week the Jump in applications for loans was a whopping 32%! This is the highest one week … (22 comments)

home buyers: FSBO Survival Guide...Buying & Selling Real Estate Without Help (Part 2) - 12/11/07 11:53 PM

We did not truly understand the implications of our decision to purchase this way until we decided to sell the home. After the transaction was closed, we contacted the agent to tell him we had moved. What transpired next was one unsettling conversation. He asked us how much we had bought the home for and … (19 comments)

home buyers: FSBO Survival Guide...Buying & Selling Real Estate Without Help (Part 1) - 12/11/07 11:51 PM

Many years ago, we bought our first home. Our first real estate transaction was with a FSBO aka Non Represented Seller. At that time, I had no idea that I would be a future real estate agent. In fact, we had looked for homes with a broker prior to deciding to go down this route. After … (7 comments)

home buyers: Coloring The Mortgage Crisis...Green or Black & White? - 12/05/07 06:15 PM

A recent Reuters News story explores the color of money. More specifically the role which color plays when determining the terms for a home loan. The focus of the article is a middle class family who purchased a home in 2003 on a fixed rate mortgage and then re-financed 2 years later into an interest … (67 comments)

home buyers: Michigan Buyers...When the Government Gives Free Money to Buy a House...Go Get IT! - 11/29/07 07:04 PM

It's almost the end of year...the time when most funding programs tend to run low on funds for buyers without down-payments. In a surprising and refreshing reversal this November, the Federal Housing Authority Administrations (FHA) Philadelphia Homeownership Center has approved several Sales Incentives for use in the purchase of HUD homes … (24 comments)

home buyers: Is Your Blog A Customized Encyclopedia & A Travelling Gold Mine... - 11/14/07 08:08 PM

I get it! I really, really get it! I'm just out of an appointment with some new clients. As I leave the appointment, I let them know that I'll be sending them some listings which they should receive within 24 hours. As I begin to do the search, it occurs to me … (30 comments)

home buyers: How To Avoid Paying Too Much for Your Next Home! - 10/23/07 08:25 PM

Buying a home is one of the most exciting moments in life. It can also be one of the scariest. The question in every buyer's mind is: "How Do I make Sure that I'm not paying too much for this house?" In today's market, this is a valid concern.
I was … (11 comments)

home buyers: How to Avoid Buying a Real Estate Lemon. - 10/23/07 06:09 PM

The interesting thing about lemons is that they're pretty to look at. They also smell really good. That's one reason why they're used as the enticing scent in a lot of cleaners. The smell of lemons makes you think clean.
Well, if you're purchasing a brand new appliance, a new car … (40 comments)

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