Contemporary 4BR set on a lushly landscaped hill in Northern Michigan - 03/29/10 12:19 PM
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Start Living the Good Life in this Waterfront Condo on Grand Traverse Bay - 03/26/10 04:26 PM
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If you think your property taxes are too high, here's information you can use. - 03/25/10 03:51 PM
If you live in the greater Traverse City area, and you own a home, then this is for you. Are you worried that your property taxes are too high? Do you need information to challenge the township assessor? If you want information what's happening in real estate in your neighborhood right now, then sign up for your free Market Trends Report to keep up on home values in your neighborhood.
http://TraverseCityHomeValues.com
 
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Why it is more important now than ever before to talk to a lender BEFORE you begin looking at houses. - 03/24/10 08:52 AM
This is re-blogged, and was originally written by Richard Weisser of Cowetta Fayette Real Estate.  It mirrors my professional opinion exactly. 
Via Richard Weisser Coweta Fayette Real Estate:
I talk to potential buyers every day. Most of them give me a call about a specific property they have seen on the Internet that they want to see right away.
At some point in the initial conversation, I ask if they have talked to a lender about prequalification. Most admit that they have not, but indicate that they have excellent credit and have purchased many homes in the past.
Often, when I try … (1 comments)

Remember, Less is More. - 03/23/10 10:46 AM
You've been bandying about the idea of selling your home, and you've finally decided to do it.  Now what?  Let me suggest two things:
1) If you're committed to selling, then stop referring to it as your home, and start thinking of it as your investment.
2) In order to get the best yield on your investment, remember that "less is more." 
What makes a house a home?  It's the personal touches, the photos, the decor, the knick-knacks.  It's all those little mementos that have meaning to you and your family: photos that highlight the history of your family; knick-knacks from … (0 comments)

Changes in the lending environment in Northwest Michigan - 03/22/10 10:01 AM
If you are from a major metropolitan area, you probably have never heard of Rural Development.  This is a government-insured home loan program designed for lower density, more rural areas, like all of Northwest Michigan.  In such areas, where incomes tend to be lower, comparables harder to find, and financing is more difficult to get, RD fills a huge need.  It is the dominant loan program, at least here in the Traverse City area.  Rural Development acts as insurer for mortgage loans made by local lenders.  But that looks like it is going to change soon. 
According to a memo issued … (0 comments)

Short Sale Opportunity on the East Side Of Traverse City - 03/20/10 02:25 PM
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New listing! Beautiful 2BR condo on the shores of Grand Traverse Bay - 03/20/10 02:14 PM
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It's Time to Get Off That Fence! - 03/18/10 08:28 PM
 
Here is food for thought regarding the Traverse City, Michigan real estate market:
If you're still on the fence about buying a home, consider this:
Home prices are levelling off, and in the lower price ranges, it's no longer a buyer's market.  The tax credits are going away after April 30th, and interest rates are poised to rise when the government stops buying mortgage backed securities. 
So, I have to ask:  what exactly are you waiting for?  Of course everyone wants to buy at the very bottom of the market, but you never know when the market hits bottom until … (0 comments)

Time to Get Off That Fence! - 03/18/10 08:17 PM
Here is food for thought regarding the Traverse City, Michigan real estate market:
If you're still on the fence about buying a home, consider this:
Home prices are levelling off, and in the lower price ranges, it's no longer a buyer's market.  The tax credits are going away after April 30th, and interest rates are poised to rise when the government stops buying mortgage backed securities. 
So, I have to ask:  what exactly are you waiting for?  Of course everyone wants to buy at the very bottom of the market. Unfortunately, you never know when the market hits bottom until prices start … (0 comments)

Time to Get Off That Fence! - 03/18/10 08:16 PM
Here is food for thought regarding the Traverse City, Michigan real estate market:
If you're still on the fence about buying a home, consider this:
Home prices are levelling off, and in the lower price ranges, it's no longer a buyer's market.  The tax credits are going away after April 30th, and interest rates are poised to rise when the government stops buying mortgage backed securities. 
So, I have to ask:  what exactly are you waiting for?  Of course everyone wants to buy at the very bottom of the market. Unfortunately, you never know when the market hits bottom until prices start … (1 comments)

 
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Chuck Gollay

Traverse City, MI

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Exit Realty Paramount

Address: 803 W Front St., Traverse City, MI, 49684

Office Phone: (231) 946-4404 x 104

Cell Phone: (231) 409-0758

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