homeowners: So... Tell Me Again...What Would My Home Be Worth If I Don't Fix the Leak in the Basment? - 05/16/08 04:41 PM
It's one of the most important forms in the Listing Appointment.  Perhaps, you guessed that I am referring to signing the Listing Contract.  Well, while that is a significant moment, there is another document which has the potential to impact your life in a adverse fashion far beyond the six month term of a listing contract.
The form that I'm referring to is the Seller's Disclosure Statement.  In Michigan, it's a two page document  in which the home owner is asked to provide details about various aspects of the general condition of their home.  It is your opportunity as a home owner to reveal all that … (35 comments)

homeowners: The Tipping Point...When Poverty Moves to the "Burbs" - 02/15/07 10:59 AM
This past week, I was talking to a real estate broker about the Open House he had scheduled.  After comparing notes about local market conditions, our discussion  focused on an article that had been recently published in the Grand Rapids Press about sellers in Grand Rapids, Michigan renting their homes because they were having difficulty selling them.  He said, " Lola, this crisis is everywhere.  I am doing an Open House today in a home that is in foreclosure and there are a total of 3 in MY neighborhood."
I understood.  Not so long ago, forclosures were confined to areas where there was less … (21 comments)

homeowners: How to Avoid Being Tipped Over During the Housing Crisis - 02/15/07 09:40 AM
To read part 1 of The Tipping Point...When Poverty Moves to the Burbs...
In 2002, Malcolm Gladwell published a bestselling book, The Tipping Point: How Little Things Can Make a Big Difference. Gladwell's book popularized this term into a oft repeated cliche. 
However, the original term was coined in the 1960's by a sociologist Morton Grodzins who was studying integration trends  and white flight in suburban neighborhoods.  Grodzin defined the"tipping point" as the dramatic point at which something unique becomes common.
Today, another type of tipping point is upsetting the balance in many suburban communities.  Poverty has come knocking and for the first time … (2 comments)

homeowners: This is Awesome...Just Not in My Backyard! - 02/02/07 10:55 AM
 

Yesterday, there was some disturbing news on the ABC News evening broadcast.  Charlie Gibson reported that the Army Corps of Engineers had identified 146 levees nationwide that it said posed an unacceptable risk of failing in a major flood.  The deficiencies were mostly due to poor maintenance and were going to force a number of communities from Connecticut to California to invest millions of dollars in repairs.  A Sacramento, CA man was interviewed who indicated that he had been informed that his flood insurance rate was going to quadruple.
In a related article by USA Today, the Corps and … (14 comments)

 
Lola Audu, Audu Real Estate~Grand Rapids, MI ~Welcome Home! (Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate)

Lola Audu

Audu Real Estate~Grand Rapids, MI ~Welcome Home!

Grand Rapids, MI

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Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate

Address: 3659 Alpine NW, Suite 102, Grand Rapids, MI, 49321

Office: (616) 791-0511

Fax: (616) 791-0535

Grand Rapids, Michigan real estate information including houses for sale, rent and home buyer/seller tips. Also includes wisdom and insights from Lola Audu, CRS Associate Broker.

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