Muskegon and West Michigan Real Estate Knowledge base

Muskegon waterfront property for sale homes and Land

Fri, 01 Jun 2012 16:54:26 -0700

Water front Propertys for sale on Lake Michigan, Twin lake West Lake, Mona Lake , Muskegon Lake and bear lake. Please see my list of the most up todate list of Muskegon Waterfront homes for sale. I have sold water front home in Muskegon and Grand Haven area for 26 years. Call me tat 23-1206-3367

David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management

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Muskegon stay in shape with Wings of Mercy 5 k run and Pancake breakfast

Fri, 01 Jun 2012 16:18:17 -0700

Date

Start: Saturday, June 2, 2012 @ 8:00 AM

Additional Date Information

8AM EST RACE START TIME

Address

Muskegon County Airport, Executive Air Transport Hangar 2
4905 Stariha Drive Muskegon, MI

Fees

$25.00

Brief Description

REGISTER @

Additional Information

Dont miss out on one of the flatest and fastest courses in West Michigan. On top of all of the 5K festivities, the annual "Wings of Mercy" pancake breafast has become quite an event and has been a tradition now for a number of years including plane rides, helicopter rides, antique cars, and other family events. Bring the whole family for a day of fun!!! All proceeds (including your registration fee) will be going to the local West Michigan chapter of Wings of Mercy. The 5k event has raised over 60K in the first 3 years. Thanks to all of the loyal and new walkers and runners each year and our gratious Sponsors Go Gear, Pratt and Whitney and many others..... Wings of Mercy is a non-profit volunteer pilot organization. It is dedicated to providing access to FREE, private airplane transportation for medical patients with low/limited disposable income. Wings of Mercy is supported through donations from individuals, private businesses, churches, and fund raising events such as our 5k event. Thanks for being a part of such a great cause!!!! You make a difference!

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David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management

what to look for in a property Management service

Fri, 04 May 2012 23:03:03 -0700

When a property a owner hires a property Management Company they should feel that the company’s 8-15 % management fee less for Multi units more for single family homes is valid and deserved. A manager becomes a employed partner in your real estate business.

Responsive service.

If a manager doesn’t handle all incoming rental leads quickly, you can believe that they’ll move on to the next listing. In a market where the competition for renters is stiff, you need to jump on every opportunity. Also, responding quickly to maintenance or payment issues is of utmost importance.

Ability to deal with all types of tenants.

Being a landlord sometimes requires less-than comfortable interactions with tenants. Your role is to serve as their liason in all dealings no matter what. At the same time, understanding and compassion is a key trait. Your company must react to each situation in a way that best reflects the interests of the property owner.

Experience in marketing and applicant screening (judging the good from the bad).

One bad tenant can turn a profitable venture into a money pit. Owners benefit from an established procedure that a property manager uses. Appropriate market analysis, tenant screening, and statement accounting will ensure that the property is well-managed. In most states, a property manager must be a licensed real estate agent, which means we understand the laws and duties that are required.

Guru of home maintenance and repair.

While much of the time will consist of quiet enjoyment on behalf of the tenant, maintenance and repairs will occasionally be necessary. Whether it’s unit preparation in between tenants or a plumbing issue, property managers diligently supervise all work done by their preferred vendors.

Value for service. No markups.

David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management

http://swmric.rapmls.com/scripts/mgrqispi.dll?APPNAME=Swmichigan&PRGNAME=MLSLogin&ARGUMENT=MhJQceZI4X4BMrAl7rXqwXOrlvWv7KlIUDKtqJNty0A%3D&KeyRid=1&Include_Search_Criteria=&CurrentSID=165576077

Muskegon 5 bedroom for sale 3000 sq feet 149,900 1 acre of Real estate

Wed, 02 May 2012 20:07:54 -0700

Great 2 story for sale in Muskegon on a acre of land locate bty the Muskegon River and lots of trails. It is 500 feet off the road a great place to raise a family.

115 Maple leaf Lane Muskegon Michigan 49442 for sale

David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management

http://vimeo.com/39019122

Live and work in Muskegon Michigan

Fri, 20 Apr 2012 21:41:17 -0700

Muskegon is a great place to Live and work and own a home.

Muskegon is a place to belive in.

http://www.youtube.com/watch?v=ANl1m-sQW8o

Muskegon is agreat place to do business.

Great place to buy a home

http://www.sellmuskegon.com

To rent a home

http://www.altpropertymanagement.coM

VISIT MUSKEGON

http://www.visitmuskegon.com/ YOU WILL SEE

Come to Muskegon and Live !!!!

We love Muskegon

David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management

Checklist for Owners of Rental Properties

Fri, 02 Mar 2012 12:08:38 -0800

CHECKLIST FOR FUTURE OWNERS OF RENTAL PROPERTIES

There is a lot to know when it comes to buying and managing a rental property. The list below will help you move ahead with confidence. For more assistance with managing your rental property please call ALT Property Management at 231-798-6430. We are there to provide you with help you need to make your new investment successful.

Before Buying a Rental Unit:

o Ask seller for copies of and review the following documents:

· Leases

· Lease Addendums

· Beginning/Ending Inventory Checklists

· Disclosure of Information on Lead-Based Paint and/or Lead-Based Paint Hazards Forms (if property was built before 1978.)

· Pet Agreements

· Guarantee Forms

· Municipal Certificates of Occupancy

o Ask for security deposits and other fees that were collected from tenants.

o Review the “street file” or other similar file associated with your property at the local municipality.

o Check local zoning laws to ensure property can be used as a multi-family rental.

o Carry out other normal due diligence needed when purchasing real estate.

After Purchasing a Rental Unit:

o Place transferred security deposits into your bank account and secure bonding, if necessary.

o Place copies of any existing leases and other documents on file.

o Register rental property with local municipality, if applicable.

o Obtain copy of local property maintenance and nuisance codes.

o Check local zoning laws to ensure that any changes you plan on making will be allowed, e.g. adding additional units.

o Ensure that either you or your contractor is certified under EPA rules to perform repairs and remodeling in a “lead safe manner.” (Only applies to units built before 1978.)

o Obtain building permits as necessary.

o Make repairs as necessary to bring the property up to code.

o Call for rental inspection and obtain rental certificate of occupancy, if applicable.

o Obtain any other licenses or pay fees as required by the local municipality to operate a rental unit.

o Obtain leases and other rental documents that are designed for use in the State of Michigan. At minimum:

· Leases or Rental Agreements

· Beginning/Ending Inventory Checklists

· Disclosure of Information on Lead-Based Paint and/or Lead-Based Paint Hazards Forms (if property was built before 1978.)

· EPA Lead Booklet, “Protect Your Family from Lead in Your Home” to give to new tenants. (If property was built before 1978.)

o Follow Federal, State & Local Fair Housing regulations when advertising your rental and when selecting tenants.

o Obtain the services of a qualified attorney and accountant.

o Screen tenants effectively using consistent criteria, including criminal background checks.

o Collect rent quickly and stick to due dates.

o Evict tenants in default swiftly.

Provided by Rental Property Owners Association of Kent County

David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management

http://swmric.rapmls.com/scripts/mgrqispi.dll?APPNAME=Swmichigan&PRGNAME=MLSLogin&ARGUMENT=MhJQceZI4X4BMrAl7rXqwUm7cFcppbvnNzZFR3LK1bU%3D&KeyRid=1&Include_Search_Criteria=on&CurrentSID=172433314

Muskegon Michigan Foreclosures February 2012

Sat, 04 Feb 2012 22:36:52 -0800

There are great buys in all price range. There are over 100 bank owned foreclosures and hud Repos for sale now in Muskegon

and Nortonshores and othere areas. The fore closed homes now owned by banks can be bought for a little as 90 5 less than the original purchase price. Now is the time to invest. Follow this list

Erpire March 5 2112

If you need a property Manager call ww.ALTPropertyManagement.com

23-1798-6430

David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management

By Brian McVicar | The Muskegon Chronicle

Muskegon's Culinary Students Take Top Prize

Fri, 20 Jan 2012 17:35:50 -0800

Baker College students take home top prize at culinary competition

Published: Sunday, March 20, 2011

MUSKEGON — The detail is almost excruciating in scope — A Chinese warrior mask, with two, twisting dragons rising from its base.

Shelli Hallman and Laura Alvarez's creation looks like it could land a spot at any arts and crafts store. But making it even more special is this: It's made out of chocolate.

Hallman and Alvarez, both students at Baker College's Culinary Institute of Michigan, took first place in the Masterpiece Competition at the 22nd Annual MSU Museum Chocolate Party fundraiser in East Lansing last month.

The award was a big honor for the students, both of whom live in Grant, and Luis Amado, department chair of Baking and Pastry Arts at the culinary institute.

“Knowing that they competed against professionals makes it even better,” Amado said about the contest pitted students against professional pastry chefs.

Three schools — each with three teams — from across the state participated.

Crafting the piece wasn't the only challenge students faced in the competition. Transporting the piece from Muskegon to East Lansing proved a challenge, too.

It took some creative packaging and lots of air conditioning, Amado said.

“We had the air conditioning on the whole way,” he said.

Creating the piece took the students about a month, Amado said. Some days, the students spent between six to 12 hours on the project.

Because the piece isn't edible — it has been handled by too many people and exposed to too much bacteria — students face a tough decision: What happens to the piece now?

The piece most likely be melted so students can use the chocolate for other projects, Amado said.

“It's like separation anxiety sort of thing,” he said. “We don't want to melt it.”

Other students at the culinary institute who took home awards include Chad Starr, Joseph Gonzalez, Ashleigh Hile, and Elizabeth Adamson.

Star and Gonzalez won third place in the masterpiece competition, and Hile and Adamson took home the people's choice award.

“It makes me want to work even harder for next year,” Amado said. “I hope more students get involved because I think competing makes students hone their skills.”

David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management

Muskegon-area housing market shows small signs of life as 2012 begins. By Dave Alexander | Muskegon Chronicle MLive.com

Wed, 11 Jan 2012 12:35:53 -0800

Today the Muskegon Chronical did a Story on our loacal Real estate market and David Alexander used me and some of our records as source.

MUSKEGON — For the first time since the Great Recession took hold in 2008, the Muskegon County residential real estate market is showing signs of potential recovery.

Chronicle file photoThis single-family home in the Stonegate residential development in Muskegon County's Cedar Creek Township was sold since the beginning of the Great Recession.

But longtime real estate professionals are cautious. The industry and home owners have been beaten down so badly in recent years that no one is ready to declare the worst is over.

Since the market collapse in October 2008, Muskegon County average sale prices have for the first time significantly increased. At the same time, overall sales have remained fairly stable and there is a drop in home foreclosures as seen in recorded “sheriff deeds” — a critical step in the foreclosure process.

The average sale price for a single-family home in Muskegon County in 2011 was $90,877, up 13.6 percent from $79,959 in 2010, according to analysis by David Medendorp of ALT Realtors and Property Management. Medendorp used data from the Muskegon County Register of Deeds office and the South and West Michigan Regional Information Center — a data base of the region's Realtors' associations.

The Muskegon County average home sale price was $76,309 in 2009, the low in the Great Recession. The improved average sale price statistics for 2011 is still 18.3 percent lower than the pre-recession peak of $111,299 in 2005.

David Medendorp

“I think the market is at its bottom but I see it hanging out there for a while,” Medendorp said of the state of the local residential real estate market at the beginning of 2012. “We see a lot of people kicking the tires but they haven't yet gotten into the market.”

The turn around in average home sale prices also is being seen in Ottawa County, where a California-based real estate research company found the second highest price rebound in the nation's 384 metropolitan areas. Ottawa County in the first 10 months of 2011 saw home prices increase 11.89 percent, according to CoreLogic.

“The reports coming out are all positive and unit activity is running high,” said Dale Zahn, chief executive officer of the Grand Haven-based West Michigan Lakeshore Association of Realtors, which services the Holland, Grand Haven and Muskegon markets.

“I'd like to say this market has hit bottom and is moving up but the trends are way too early to get excited,” Zahn said. “Yet, we are moving in the right direction.”

Muskegon County total home sales for 2011 were 1,753 compared to 1,843 sales in 2010. The number of home sales remained pretty steady through the recession but in 2011 the number of homes that sold at less than $50,000 decreased and the number above $200,000 increased.

Bill Carlston, owner of Nexes Realty in Muskegon and a longtime real estate agent in Muskegon County, called the current market unsettled. Muskegon begins 2012 with a low supply of homes for sale in the $50,000-$150,000 range — a price level that many homeowners look at for their next “step up” home purchase, he said.

“The biggest concern is jobs and for all of us to keep our jobs,” Carlston said of employment uncertainty even as the unemployment rate in Muskegon County moved down to 8.4 percent in November from a recession high of 15.7 percent in July 2009.

Bill Carlston

“The saving grace has been the interest rates,” Carlston said of current 30-year fixed mortgage rates between 3.75-4.25 percent. “If you are buying a house, this is the best time to be in the market. Prices are down and interest rates are the best in my career.”

Medendorp said he suspects there is “pent up demand” for houses in the Muskegon market as many who would like to sell and move are unable to because they cannot sell their current houses. Many people find the recession's hammer on their home prices have put their home values below what they owe on their mortgages.

Owing more on a mortgage than the house is worth is known as a loan that is “under water.”

“It's a huge, huge problem right now,” Medendorp said. “People are stuck not being able to sell their homes.”

Instead of remaining in a losing position, many people — even with solid credit histories of paying their bills — decide to walk away from their homes. Such “strategic defaults” are expected to continue to keep mortgage foreclosures high and drive down home values as banks unload such properties at discounted prices.

Foreclosure activity was down last year as seen through sheriff's deeds — a point of the foreclosure process the sheriff will sell the property to satisfy a court judgment. Muskegon County sheriff's deeds dropped to 906 in 2011 from 1,064 in 2010. Sheriff's deeds peaked in 2008 at 1,172 but were as low as 640 in 2003.

Muskegon real estate professionals see a batch of new mortgage foreclosure fillings as some homeowners walk away from their mortgages and financial institutions increase their foreclosure activity. Foreclosures dropped in part in 2011 as legal and procedural issues caused delays in the process, real estate professionals said.

“It is going to take us quiet a bit of time to (sell) the foreclosure inventory,” Medendorp said.

David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management

Why a Home Buyer Should Set Up 3 Search Criteria When Buying a Home

Fri, 30 Dec 2011 22:59:52 -0800

Being a buyers agent on a regular basis for our buyers and then we educate the buyers and the sellers if we make a offer on the pros and cons of both. I think you must understand all aspects of the market.

Via Charles Dailey - NMLS ID#79048 (iLoan - NMLS ID#4474):

A prospective home buyer or investor might have a clear idea of what he or she wants in the property they'll buy but the current market brings complexities that make setting up search criteria for this purchase a little more complicated. The difference between bank-owned, short sales and person-to-person transactions bring unique elements to this search process that cannot be dealt with by search criteria alone but that's where preparation and planning should begin. There are different negotiating tactics, condition of properties and buyer timelines that must be taken into consideration with each of these types of transactions and they all have a bearing on search criteria for a home buyer.

Let's use an example where someone is pre-approved for a FHA loan and the target purchase price should be around $180,000. Let's assume that they want to be in their new home at least within 8 months of starting the process and want to buy in Saint Paul, MN (although these principles apply to most markets). How might this buyer benefit from 3 sets of search criteria?

Person-to-Person Sale Search:

In a person-to-person sale, there is no element of the transaction on the seller's side that requires approval from a bank. The seller is free to negotiate solely on the basis of their own interest. I recommend setting up a search labeled "person to person," enter your search criteria and be sure to exclude Bank Owned and Short Sale transactions so you know that these are less likely to have the property characteristics and negotiation differences that those transaction types would. Then, I'd investigate the local market data to find what the percentage of the original list price sellers are getting in that area. In this scenario it would be 91.1% (see chart below). If the seller is getting 8.9% less than asking price then you want to make sure that your search criteria is setup for 108.9% of the price you're pre-qualified for. In this scenario that would be a little over $196,000. Skipping this step could cause a buyer to miss out on the property they're really looking for.

Bank Owned Sale Search: With your "bank owned" search, you want to make the same computation. In this case it would be 10.6 percent less than asking price and 110.6% of the pre-approved amount in this scenario would be a top end search criteria of a little over $199,000. When viewing the results of these search criteria, you want to keep a few things in mind.

The properties in the results are more likely to have physical deficiencies due to being abandoned by their previous owner. This can not only add to the costs of owning that home but present complications with financing. In this scenario, many of the properties showing up in the search might have problems that would lead to FHA work orders. Sometimes, even the presence of FHA work orders can kill a transaction as the bank/seller might refuse to do anything about it and won't allow the buyer to cure the issue either. In this case, the transaction will fall apart. Additionally, depending on the city the property is in, these physical deficiencies can lead to code compliance issues which can present obstacles to being able to occupy the property or even have the title conveyed to the buyer.

Another feature of bank-owed transaction is that typically the contract used is the contract chosen by the bank and it is heavily favored towards their interests. Often times, it's easier to lose earnest money and many have clauses for monetary penalties for delayed closings. Lastly, these transactions statistically close more quickly than any other type. This means that a buyer's financing must be well organized and ready to go (not that it shouldn't be anyway).

These won't be on all bank-owned properties and I'm not suggesting that a buyer necessarily exclude them but when looking at a list of properties through a separate "bank owned search", it's nice to know when one is looking at them what one can expect should they proceed.

Short Sale Search:

Short sales are unique because it's the only situation where the seller doesn't have a true profit motive. Sellers in this situation are not allowed to make money so they are often inclined to take the first semi-reasonable offer with a buyer who looks likely to close. This can translate to very good deals for a buyer and that plays out statistically where we find in this scenario that sellers selling short are taking 83.4% of their original asking price. This would mean that we'd take 116.6% of the pre-approved amount and set this search at nearly $210,000. That's a striking difference from a person-to-person or bank owned sale and can open up some excellent housing possibilities for a buyer who might otherwise have limited their search.

There are two concerns to be aware of with these purchases though. One is that there are sometimes physical deficiencies in these transactions that can be hard to cure if they're significant since the seller is likely to be cash strapped. Nonetheless, these are typically easier to deal with in a short sale transaction than a bank owned transaction. The other, and most important one, is timeline. In this scenario, if the buyer wants to be in their new home within 8 months and want to consider buying a short sale, they'll likely need to submit their purchase agreement within 40 days of starting their search since these transactions take the longest to get done (see chart below). The seller's bank has to approve the transaction and that creates considerable delays. If this buyer has gotten 3 or 4 months into the home searching process with no luck, it might be wise to stop considering short sales as it would likely be unreasonable to get that process done in time to meet the buyer's deadline.

What you need it a Home Searching Tool:

Different people will have different opinions about this but mine is that it can be tedious for both a buyer and their Realtor to establish these 3 separate searches and make the ongoing tweaks, adjustments and refinements that arise as a buyer narrows down what he or she wants. For that reason, a secure and buyer-driven search tool which allows the buyer to setup multiple searches and modify them as needed. The tool would have to be rich in options available to the buyer as far as crafting search criteria is concerned. Beyond the basics it would have to include the ability to require a search for short sales at the exclusion of bank-owned and person-to-person sales and any other combination thereof. I usually recommend the Home Buyer's Scouting Report as it meets this need along with many other. I'm sure there are others that do this but I haven't run into them as of yet.

Conclusion:

Today's market requires a buyer to look at their home search in three dimensions. This can help them find properties they otherwise might not find, avoid transaction inconveniences that otherwise might come up at inopportune times and it can also assist them in managing their home buying timeline. With the assistance of a Realtor in understanding all of the differences in transaction types, the best way to do this is to leverage powerful home searching tools to keep the search process organized and in context.

Chart 1

Chart 2

Charles Dailey - iLoan - NMLS ID# 79048 - CA DOC, MN DOC & WI DFI - 612.234.7283

The Home Buyers Scouting Report® is provided directly to the buyer by HBM II, a licensed national real estate brokerage service company, not to or through a lender. The FREE home finding service is provided directly to prospective homebuyers by HBM II and its real estate brokers, as part of their ordinary real estate brokerage services. HBM II, Inc. works cooperatively with other real estate agents across the United States in attempting to find ready, willing and able buyers for homes listed for sale. The role of the Preferred Loan Officer is to assist in determining a comfortable home price range for Home Buyers Marketing II, Inc. (HBM II) to use when it is searching for property listings within the buyer's search criteria.

David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management

Fannie Mae and Freddie Make Mac Move to NO Loan to Value Limit Loans on HARP

Fri, 30 Dec 2011 22:55:30 -0800

This may help some families keep there home. In many case with a payment ajustment everone can end up better off. I hope this helps

Via Charles Dailey - NMLS ID#79048 (iLoan - NMLS ID#4474):

The Federal Housing Finance Agency, with Fannie Mae and Freddie Mac, has announced a series of changes to the Home Affordable Refinance Program (HARP). This program was designed to be able to help people who were in a position of negative equity. Now, it someone is upside down on their home, there will be no limit to how far upside down they are in order to qualify for these loans. This program will continue to be available to borrowers with loans sold to the Fannie Mae or Freddie Mac on or before May 31, 2009 with current loan-to-value (LTV) ratios above 80 percent.

Here’s a summary of the most significant changes to the HARP program:

• Eliminating certain risk-based fees for borrowers who refinance into shorter-term mortgages and lowering fees for other borrowers;

• Removing the current 125 percent LTV ceiling for fixed-rate mortgages backed by Fannie Mae and Freddie Mac;

• Waiving certain representations and warranties that lenders commit to in making loans owned or guaranteed by Fannie Mae and Freddie Mac;

• Eliminating the need for a new property appraisal where there is a reliable A VM (automated valuation model) estimate provided by the Enterprises; and

• Extending the end date for HARP until Dec. 31, 2013 for loans originally sold to the Enterprises on or before May 31, 2009.

This change, coupled with serious talk of the Fed doing more quantitative easing involving purchasing mortgage backed securities, could be mean BIG opportunities for people who, while well qualified as borrowers, have been locked out of being able to get today’s more favorable interest rates. To find out if a loan is owned by Fannie Mae or Freddie Mac, first find the property’s standardized address by going to the United States Postal Service website, click on “lookup a zip code,” and find the properties “standardized address.” Then, enter that address into these lookups to see if there’s a match:

Does Fannie Mae Own My Loan?

Does Freddie Mac Own My Loan?

FHFA Harp Changes.pdf

Charles Dailey - iLoan - NMLS ID# 79048 - CA DOC, MN DOC & WI DFI - 612.234.7283

The Home Buyers Scouting Report® is provided directly to the buyer by HBM II, a licensed national real estate brokerage service company, not to or through a lender. The FREE home finding service is provided directly to prospective homebuyers by HBM II and its real estate brokers, as part of their ordinary real estate brokerage services. HBM II, Inc. works cooperatively with other real estate agents across the United States in attempting to find ready, willing and able buyers for homes listed for sale. The role of the Preferred Loan Officer is to assist in determining a comfortable home price range for Home Buyers Marketing II, Inc. (HBM II) to use when it is searching for property listings within the buyer's search criteria.

David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management

Why it is a good idea to choose me as your buyer's agent in the Muskegon real estate market

Fri, 30 Dec 2011 22:33:10 -0800

Muskegon Buyers Agent + Assistants Anna Shear and Paul Fogg = 60 Years of Experience.

First you should know, I have a teacher's heart so I love educating people about the Muskegon market. Second you should know that I love my home town - and selling real estate - and will try to take my intimate understanding of the Muskegon and West Michigan real estate market and convey that information to you so that you can make your best deal possible.

You can also benefit from my experience and knowledge. I have 25 years experience selling over 100,000 Million Dollars in properties. I have worked as a buyer's and seller's agent and have sold in every price range - from some of the finest homes in the area to the most modest. I have sold apartment complexes and retail strip centers. So that I can best serve my customers, I have taken thousands of hours of real estate classes and am a graduate of Real Estate Institute classes, I have completed all the classes to become a Certified Commercial Investment Member (CCIM) as well as many Certified Residential Specialist classes and Appraisal Licensing classes. I study the market and if anyone has any idea what is going on, I do. I will provide you with as much information as you need and try to guide you to the best property for you.

Take advantage of my knowledge and experience. I am familiar with 100% of the Muskegon market and have sold real estate on almost every street. I have walked around all of the lakes, through most of the woods and have shown thousand of homes. I know the schools, the people who work at the schools and in many case have attended school board meetings. I know many community leaders and have worked for them as their agent and sold them their homes, I can help you learn the community, find great doctors, enjoyable parks, good restaurants, and even the secret gems the neighborhoods. We also know the best loan officers, if you're not paying cash, and these days - if you do not have one of the best loan officers available - expect a lot of grief.

As your agent, I will update you every day on properties for sale or price reductions of properties that may interest you. I will hand pick properties for you and I will set up general searches that meet your criteria. My team and I will provide you details step-by-step of what to expect and I am sure in some ways we will exceed your expectations. What I like to tell potential customers is: if you want help we will help you but if you don't want to be bugged just say so and we won't call until we have great news for you.

How can we do all this? We have a great team: I work with two seasoned Real Estate agents with 35 combined years of experience that support me and help you -- so when I am out of the office they make sure you and I have what we need.

We keep it organized and are on top of our game. As my great friend Paul would say, " This is not my fist rodeo." We have a systematic process and are great at both anticipating and solving potential problems. We will do everything we can to help your transaction be a smooth one. We use some of the best tools available to real estate agents and we know what works.

We try to understand you as an individual or as a couple and a family and we are very good at helping you get what you want and need. We will listen and ask the right questions to help you choose the right home. We think we are good at understanding people and what they are looking for.

Lastly -- when it comes to negotiation we do all we can to understand the seller's motivation to sell but we also know that we must blend that with the current value of the property. With this greater understanding -- combined with our experience with so many sales -- we will help you make a good deal.

Please let all of our experience, knowledge, skill, and professionalism go to work for you. If I can be of service to you please call me or one of my staff - Anna Shear or Paul Fogg - and we will do all we can to help you with the best real estate transaction possible: 231-798-6430.

Visit or web site for references and access to the MLS and all properties for sale now.

Our company also is top notch at property management

David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management

http://www.mlive.com/news/muskegon/index.ssf/2011/12/flash_mob_dances_in_downtown_m.html

A Flash Mob and A Cash Mob: Honor and Encourage Muskegon

Thu, 29 Dec 2011 23:42:01 -0800

"We Love Pat Johnson" was the theme for a flash mob in Historic Downtown Muskegon. Flash mobs or public performances are happening all over the world and done right they can be a lot of fun for anyone involved. It is fun to watch and even more fun if you can actually dance with the group. Muskegonites are once again demonstrating their talent and enthusiasm for their community and its philanthropic leaders by participating in this fun event. And they are also showing their economic creativity by participating in a "Cash Mob" designed to bless a business. Please see: http://www.mlive.com/busiMuskegon's Muskegon's first 'Cash Mob' designed to boost locally-owned businesses | MLive.comness/west-michigan/index.ssf/2011/12/muskegons_first_cash_mob_desig.html

Muskegon people are fun and generious! You'll just have to come to Muskegon and find out why!!

http://vimeo.com/34329222 This Down Town Muskegon December 28

Muskegon Rocks and Pat Johnson Loves Muskegon.

David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management

20 Way,s to Make Money on Your Real Estate investment properties

Tue, 13 Dec 2011 16:35:17 -0800

20 WAYS TO MAKE MONEY ON YOUR REAL ESTATE investment properties

1. Implement effective marketing plan and compliment with effective leasing staff

2. Create community with ongoing calendar of events newsletters and use of community advocates

3. Negotiate deep discounts pay off on past due accounts

4. Transition to tenant paid utilities one tenant at a time

5. Recommission vacant units with mini rehab

6. Appeal property taxes if too high to lower operating expense

7. Replace window, roof and update plumbing, electric as needed to save energy and increase market appeal

8. New website geared to increase traffic

9. Have clear presence on property with aggressive collection techniques

10. Work with community and police to solve drug or behavior problems

11. Find leaks in plumbing system and repair

12. Reduce water consumption using low water toilets and water saving heads on plumbing

13. Create unique features to enhance property appeal

14. Replace or upgrade signs.

20. Create a model with contemporary paint, fixtures and upgrade for more rent

15. Increase quality of maintenance

16. Dress up grounds of property

17. Increase collections

18. Minimize water and gas consumption with modern controls

19. Shop insurance rates for better price and the right coverage

David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management

Gestión de la propiedad Propietarios, Servicios ofrecidos por ALT Muskegon

Wed, 30 Nov 2011 23:56:25 -0800

Buscar Todos nuestros alquileres por Mapa

Propietario de acceso Web

Gestión de la propiedad

Propietarios

Actual propietario de la propiedad se enfrenta al reto constante de satisfacer las necesidades de nuevas competencias y responsabilidades en la gestión de la rentabilidad de la inversión valiosa.

Gestión de la Propiedad ALT puede proporcionar la gestión experta de su propiedad se merece. Como profesionales con experiencia, podemos garantizar el máximo rendimiento neto de su propiedad, en función de su mayor y mejor uso.

Servicios ofrecidos por ALT

Aquí, en gestión de la propiedad ALT ofrecemos servicios mensuales para nuestros propietarios a recibir un servicio completo y competente. A continuación se enumeran algunas de las ALT gestión de los servicios ofrece:

Responsabilidades financieras

Controlar todos los ingresos y la actividad de débito de su cuenta, la cantidad explicar recibido, una explicación de débito y de los ingresos y mantener un balance mensual en funcionamiento.

Crear y mantener un resumen computarizado de su cuenta, mostrando los ingresos y los gastos en detalle.

Enviar una declaración mensual informatizada a todos los propietarios mostrando las actividades mensuales y los fondos de propietario.

Los propietarios tienen la opción de deducir automáticamente de sus cuentas de pagos de la hipoteca, impuestos a la propiedad, seguros, reparaciones, y los fondos de propietario.

Propiedad de mantenimiento y conservación

Coordinar y distribuir todos los trabajos de reparación a los contratistas de calidad. Trabajar en estrecha relación con todos los contratistas de control de calidad y eficiente seguimiento. Para las reparaciones, el dinero se deducirá de la cuenta de los propietarios. Para las reparaciones superiores a $ 200.00 propietarios serán notificados para recibir autorización.

Cuando la propiedad está desocupada, todas las reparaciones y la limpieza necesaria se hace a través de ALT.

Todos los alquileres se recogen en una base mensual por el día 5 de cada mes. El pago puntual se registra y supervisado por el administrador de la propiedad. Si es necesario, nuestra empresa trabaja en colaboración con los servicios de desalojo que tiene un abogado en el personal.

Los propietarios tienen la opción de deducir automáticamente de sus cuentas de pagos de la hipoteca, impuestos a la propiedad, seguros, reparaciones, y los fondos de propietario.

Horarios ALT utilidades que se enciende y se apaga de la coordinación de mantenimiento y visualización de la propiedad.

¿Qué es la gestión de la propiedad?

Nuestros objetivos en la gestión de la propiedad son los siguientes:

Para preservar y salvaguardar los activos de capital.

Para asegurar y mantener el mayor rendimiento neto a un costo mínimo posible durante la vida útil del activo.

Para mantener buenas relaciones de trabajo entre la administración, clientes y arrendatarios.

Para aumentar el valor de la propiedad mediante el manejo hábil y mejora así considerado.

Actividades

Las actividades que lleva a cabo ALT para lograr estos objetivos generales son muchos y diversificados. A continuación se enumeran algunos servicios disponibles.

Manejar relaciones con los inquilinos y las comunicaciones.

Coordinar de alquiler por escrito \ acuerdos de arrendamiento y determinar el método adecuado y las condiciones de dichos acuerdos.

Pantalla y calificar los inquilinos perspectiva.

Evaluar periódicamente la propiedad para determinar el valor del alquiler a través de estudios de mercado.

Revisar el estado físico de la propiedad y desarrollar programas de mantenimiento.

Cobro de alquileres y los depósitos de seguridad.

Desembolsar los gastos con bonos a través de cuenta de confianza y proporcionar mensuales generados por computadora los estados contables.

Resolver las cuentas morosas, incluidos los desalojos.

Proporcionar servicios de bienes raíces, a nuestra opción debe ser la propiedad para la venta o intercambio.

Control y mantenimiento de los problemas de interfaz con el inquilino y el personal de mantenimiento (s).

Consultas

Honorarios

Las tarifas cobradas están entre los más competitivos disponibles y pueden variar dependiendo de la cantidad de servicios que solicite o requiera, para el Programa de Manejo se siente mejor a sus necesidades.

Esperamos poder presentar a nuestros servicios completos de administración de propiedades, cada una diversificación suficiente para servir mejor a sus necesidades individuales.

Diez preguntas más frecuentes

Hemos encontrado que cuando los posibles clientes llaman para preguntar acerca de nuestros servicios que a menudo piden el mismo tipo de preguntas. Decidimos creando una lista de preguntas frecuentes. Ahora, cuando usted habla con uno de nuestros agentes, que ya será una propiedad de inversión de propiedad informado.

Pregunta # 1

¿Cómo encontrar a un inquilino?

Respuesta:Utilizamos muchos recursos en la comercialización de su propiedad. Ponemos anuncios con los periódicos locales. También publicamos anuncios en nuestro sitio web que enlazan a muchos motores de búsqueda. Hemos publicado en los sitios web Craigslist y otros y vamos a colocar un letrero en la propiedad cuando sea apropiado.

Pregunta # 2

¿Cómo calificar a un inquilino?

Respuesta: Seguimos las directrices proporcionadas por Michigan Propietario / Inquilino ley. Nosotros clasificamos a lo siguiente: Crédito, propietario anterior, historial de empleo.

Pregunta # 3

¿Cómo se determina el precio del alquiler de mi propiedad?

Respuesta: hacer una búsqueda completa de propiedades similares en su comunidad. Se compara propiedades similares y secundarios incluyen comodidades al lado del otro con su hogar. Basado en nuestro conocimiento y experiencia con la mayoría de las comunidades en el área Oeste de Michigan, que son capaces de determinar el precio justo que le ayudará a su casa para alquilar rápidamente.

Pregunta # 4

¿Cuánto tiempo se tarda en encontrar un inquilino para mi propiedad?

Respuesta: Hay muchos factores que contribuyen al valor de una propiedad. Ubicación, precio y condición de la casa juegan el papel más importante.Es difícil decir que su casa en alquiler en un plazo determinado, pero si su propiedad está en buenas condiciones, en un neighbhorhood bueno ya un precio justo, hay que alquilar rápidamente. Una casa típica en alquiler en 90 días en promedio. Se puede alquilar por semana o puede tomar más tiempo que el promedio sobre la base de las condiciones del mercado y otros factores, como hemos mencionado anteriormente.

Pregunta N º 5

¿Por qué es de mi propiedad una buena inversión?

Respuesta: Creemos que hay tres beneficios principales en la posesión de bienes de inversión.

Ingresos: El flujo de caja

La acumulación de capital: mientras el inquilino paga su hipoteca, la hipoteca está disminuyendo

Fiscalidad del ahorro: las leyes fiscales pueden proporcionar un refugio para la depreciación.

Pregunta N º 6

¿Cómo se maneja el mantenimiento?

Respuesta: Nuestros inquilinos tienen la opción de correo electrónico, fax o llamar a una solicitud de mantenimiento no sea de emergencia. Nuestro personal de mantenimiento es necesario ponerse en contacto con el inquilino dentro de una ventana de 24 horas. El proveedor examinará el problema y proporcionar una estimación, mientras que en el sitio. Si el costo es mayor a $ 250.00. Vamos a buscar la aprobación de nuestro cliente antes de hacer el trabajo.Si el inquilino tiene un problema de mantenimiento de emergencia, se les enseña a llamar a nuestra línea de emergencia las 24 horas. Volvemos esas llamadas dentro de 1 hora. Estos problemas suelen requerir la aprobación inmediata. Usted no puede ser notificado hasta el día hábil siguiente.

Pregunta N º 7

¿Con qué frecuencia usted comprobar en mi propiedad?

Respuesta: Hacemos encuestas dos veces al año o dos encuestas al año. Nos dirigimos a todas las propiedades una vez cada tres meses. Si el exterior de la casa ha cambiado desde la última vez que visitamos, de inmediato se programará una encuesta.

Pregunta N º 8

¿Cuánto tiempo firman un acuerdo para?

Respuesta: Nuestros acuerdos son para un año.

Pregunta N º 9

¿Puede usted pagar mis cuentas?

Respuesta: Podemos pagar lo siguiente: hipotecas, seguros, cuota de mantenimiento, servicios públicos, impuestos sobre la propiedad y más.

Pregunta # 10

¿Qué significa todo este costo?

Respuesta: Nuestros honorarios son del 10% para propiedades de inversión. Para viviendas familiares que son un 15%. Contratos más grandes pueden ser negociados.

David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management

Gestión de la propiedad , Spanish

Wed, 30 Nov 2011 23:50:19 -0800

Buscar Todos nuestros alquileres por Mapa

Propietario de acceso Web

Gestión de la propiedad

Propietarios

Actual propietario de la propiedad se enfrenta al reto constante de satisfacer las necesidades de nuevas competencias y responsabilidades en la gestión de la rentabilidad de la inversión valiosa.

Servicios ofrecidos por ALT

Responsabilidades financieras

Controlar todos los ingresos y la actividad de débito de su cuenta, la cantidad explicar recibido, una explicación de débito y de los ingresos y mantener un balance mensual en funcionamiento.

Crear y mantener un resumen computarizado de su cuenta, mostrando los ingresos y los gastos en detalle.

Enviar una declaración mensual informatizada a todos los propietarios mostrando las actividades mensuales y los fondos de propietario.

Los propietarios tienen la opción de deducir automáticamente de sus cuentas de pagos de la hipoteca, impuestos a la propiedad, seguros, reparaciones, y los fondos de propietario.

Propiedad de mantenimiento y conservación

Cuando la propiedad está desocupada, todas las reparaciones y la limpieza necesaria se hace a través de ALT.

Los propietarios tienen la opción de deducir automáticamente de sus cuentas de pagos de la hipoteca, impuestos a la propiedad, seguros, reparaciones, y los fondos de propietario.

Horarios ALT utilidades que se enciende y se apaga de la coordinación de mantenimiento y visualización de la propiedad.

¿Qué es la gestión de la propiedad?

Nuestros objetivos en la gestión de la propiedad son los siguientes:

Para preservar y salvaguardar los activos de capital.

Para asegurar y mantener el mayor rendimiento neto a un costo mínimo posible durante la vida útil del activo.

Para mantener buenas relaciones de trabajo entre la administración, clientes y arrendatarios.

Para aumentar el valor de la propiedad mediante el manejo hábil y mejora así considerado.

Actividades

Las actividades que lleva a cabo ALT para lograr estos objetivos generales son muchos y diversificados. A continuación se enumeran algunos servicios disponibles.

Manejar relaciones con los inquilinos y las comunicaciones.

Coordinar de alquiler por escrito \ acuerdos de arrendamiento y determinar el método adecuado y las condiciones de dichos acuerdos.

Pantalla y calificar los inquilinos perspectiva.

Evaluar periódicamente la propiedad para determinar el valor del alquiler a través de estudios de mercado.

Revisar el estado físico de la propiedad y desarrollar programas de mantenimiento.

Cobro de alquileres y los depósitos de seguridad.

Desembolsar los gastos con bonos a través de cuenta de confianza y proporcionar mensuales generados por computadora los estados contables.

Resolver las cuentas morosas, incluidos los desalojos.

Proporcionar servicios de bienes raíces, a nuestra opción debe ser la propiedad para la venta o intercambio.

Control y mantenimiento de los problemas de interfaz con el inquilino y el personal de mantenimiento (s).

Consultas

Honorarios

Esperamos poder presentar a nuestros servicios completos de administración de propiedades, cada una diversificación suficiente para servir mejor a sus necesidades individuales.

Diez preguntas más frecuentes

Pregunta # 1

¿Cómo encontrar a un inquilino?

Pregunta # 2

¿Cómo calificar a un inquilino?

Respuesta: Seguimos las directrices proporcionadas por Michigan Propietario / Inquilino ley. Nosotros clasificamos a lo siguiente: Crédito, propietario anterior, historial de empleo.

Pregunta # 3

¿Cómo se determina el precio del alquiler de mi propiedad?

Pregunta # 4

¿Cuánto tiempo se tarda en encontrar un inquilino para mi propiedad?

Pregunta N º 5

¿Por qué es de mi propiedad una buena inversión?

Respuesta: Creemos que hay tres beneficios principales en la posesión de bienes de inversión.

Ingresos: El flujo de caja

La acumulación de capital: mientras el inquilino paga su hipoteca, la hipoteca está disminuyendo

Fiscalidad del ahorro: las leyes fiscales pueden proporcionar un refugio para la depreciación.

Pregunta N º 6

¿Cómo se maneja el mantenimiento?

Pregunta N º 7

¿Con qué frecuencia usted comprobar en mi propiedad?

Pregunta N º 8

¿Cuánto tiempo firman un acuerdo para?

Respuesta: Nuestros acuerdos son para un año.

Pregunta N º 9

¿Puede usted pagar mis cuentas?

Respuesta: Podemos pagar lo siguiente: hipotecas, seguros, cuota de mantenimiento, servicios públicos, impuestos sobre la propiedad y más.

Pregunta # 10

¿Qué significa todo este costo?

Respuesta: Nuestros honorarios son del 10% para propiedades de inversión. Para viviendas familiares que son un 15%. Contratos más grandes pueden ser negociados.

David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management

Search All our Rentals by Map

Muskegon property Management company would like to turn around your Apartments

Wed, 30 Nov 2011 23:41:44 -0800

Property Management

Property Owners

Today's property owner faces the continuous challenge of meeting new requirements and responsibilities in managing their valuable investment profitability.

ALT Property Management can provide the expert management your property deserves. As experienced professionals, we can ensure you the maximum net return from your property, based on its highest and best use.

Services Offered by ALT

Here at ALT Property Management we provide monthly services for our owners to receive thorough and competent service. Listed below are some of the management services ALT provides:

Financial Responsibilities

Monitor all income and debit activity from your account, explaining amount received, explanation of debit and income and maintain a monthly running balance.
Create and maintain a computerized summary of your account, displaying incomes and expenses in detail.
Send out a computerized monthly statement to all owners displaying monthly activities and owner funds.
Owners have the option of automatically deducting from their accounts mortgage payments, property taxes, insurance, repairs, and owner funds.

Property Maintenance and Upkeep

Coordinate and dispense all repair work to quality contractors. Work in close connection to all contractors for quality control and efficient follow through. For repairs, monies are deducted from the owners account. For repairs exceeding $200.00 owners will be notified to receive authorization.
When property is vacated, all repairs and necessary cleaning is done through ALT.
All rents are collected on a monthly basis by the 5th day of each month. Timely payment is recorded and supervised by the property manager. If needed, our company works in collaboration with eviction services who has an attorney on staff.
Owners have the option of automatically deducting from their accounts mortgage payments, property taxes, insurance, repairs, and owner funds.
ALT schedules utilities to be turned on and off for coordinating maintenance and viewing of the property.

What is Property Management?

Our objectives in Property Management are:

To preserve and safeguard the capital asset.
To secure and maintain the greatest net return possible at minimal cost over the life of the asset.
To maintain good working relationships between management, clients and tenants.
To enhance the value of the property through skillful management and well considered improvement.

Activities

The activities that ALT undertakes to accomplish these broad goals are many and diversified. Listed below are a few services available.

Handle tenant relations and communications.
Coordinate written rental\lease agreements and determine appropriate method and terms of such agreements.
Screen and qualify perspective tenants.
Evaluate property periodically to determine rental value through market surveys.
Review the physical condition of the property and develop maintenance programs.
Rent collection and security deposits.
Disburse expenses with vouchers through trust account and provide monthly computer generated accounting statements.
Resolve delinquent accounts, including EVICTIONS.
Provide real estate services at our option should property be for sale or exchange.
Control and interface maintenance problems with tenant and maintenance person(s).
Consultations

Fees

Fees charged are among the most competitive available and will vary depending on the amount of services you request or require, for the Management Program you feel best suite your needs.

We look forward to introducing you to our complete property management services, each diversified enough to best serve your individual needs.

Ten most frequently asked questions

We have found that when prospective clients call to ask about our services they often ask the same types of questions. We decided to creat a list of frequently asked questions. Now when you speak to one of our agents, you will already be an informed investment property owner.

Question # 1
How do you find a tenant?

Answer: We utilize many resources when marketing your property. We place ads with local papers. We also post ads on our website that link up to many search engines. We post on Craigslist and other websites and we will place a sign at the property when appropriate.
Question # 2
How do you qualify a tenant?

Answer: We follow the guidelines provided by Michigan Landlord/tenant law. We qualify on the following: Credit, Previous Landlord, Employment history.
Question # 3
How do you determine the rent price for my property?

Answer: We do a comprehensive search of similar properties in your community. We Compare like properties and included ammenities side by side with your home. Based on our extensive knowledge and experience with most communities in the West Michigan area, we are able to determine the right price that will help your home to rent quickly.
Question # 4
How long will it take to find a tenant for my property?

Answer: There are many factors that contribute to a property's value. Location, price and condition of the home play the largest role. It is difficult to say that your home will rent in a specific timeframe but if your property is in good condition, in a good neighbhorhood and priced right, it should rent quickly. A typical home will rent in 90 days on average. It could rent in a week or it may take longer than the average based on market conditions and other factors as we mentioned above.
Question # 5
Why is my property a good investment?

Answer: We believe there are 3 main benefits in owning investment property.
Income: Cash flow
Equity Buildup: While the tenant is paying your mortgage, your mortgage is decreasing
Tax Savings: Tax laws may provide a shelter for depreciation.

Question # 6
How is maintenance handled?

Answer: Our tenants have the option of emailing, faxing or calling in a non-emergency maintenance request. Our maintenance staff are required to contact the tenant within a 24-hour window. The vendor will inspect the problem and provide a estimate while onsite. If the cost is more than $250.00. We will seek the approval of our client before doing work. If the tenant has an emergency maintenance issue, they are instructed to call our 24-hour hotline. We return those calls within 1 hour. These issues typically require immediate approval. You may not be notified until the following business day.
Question # 7
How often do you check on my property?

Answer: We do bi-annual surveys or two surveys per year. We drive by every property once every three months. If the exterior of the home has changed from the last time we visited, we will immediately schedule a survey.
Question # 8
How long do we sign an agreement for?

Answer: Our agreements are for 1 year.
Question # 9
Can you pay my bills?

Answer: We can pay the following: Mortgages, insurances, HOA fees, utilities, property taxes and more.
Question # 10
What does all of this cost?

Answer: Our fees are 10% for investment properties. For family dwellings we are 15%. Larger contracts can be negotiated.

David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management

Great buys in waterfront homes in Muskegonon all Lakes

Tue, 22 Nov 2011 21:56:39 -0800

These are all homes Listed for sale as Water front Lake homes in Muskegon

View Listings

Provided by:
David Medendorp
ALT Realtors
4265 Grand Haven Rd
Muskegon, MI 49441
Office: 231-798-6430 Cellular: 231-206-3367
david@sellmuskegon.com
www.sellmuskegon.com

View Listings link will be available for 30 days. If you do not see a link, copy this text to the address line in your browser:
http://swmric.rapmls.com/scripts/mgrqispi.dll?APPNAME=Swmichigan&PRGNAME=MLSLogin&ARGUMENT=MhJQceZI4X4BMrAl7rXqwSj9naYnuW3cXvhfHgkd8CQ%3D&KeyRid=1&Include_Search_Criteria=on&CurrentSID=155001954

zyou will find homes on Muskegon Lake , Mona Lake Lake Michigan , Blue Lake White Lake, Bear lake and more . Please let me know if you would like daily updates

David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management

http://www.youtube.com/watch?v=nb2Pv7mhv9I

Ken Whitten of Sky Images is one of West Michigans best Tattoo artist

Tue, 22 Nov 2011 21:43:53 -0800

I have done business with ken Whitten at Sky images over the last 14 years. He is always professional . I am always impressed at how clean the [lace is and the practices and they go to to have a clean environment . It is like going to a Doctors office with Art work. I have recommended Ken and his work many times and have been there to watch Tattoo,s and Piercings to friends and family members and always leave impressed. I would not consider any where else than Sky Images and Ken Whitten.

Call Ken and Make a appointment you will be happy

David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management

Muskegon homes and Property Auction February 2012

Thu, 17 Nov 2011 23:41:03 -0800

February 2012 one of our investors will be auctioning off 40 rental homes and duplexs

This will be a great time to buy Muskegon Real estate for your investment. Many of the properties are rented but other can be fixed up to rent . Our company ALT property management will take care of your property for you if you choose to invest.

Call us for more details about this and other Muskegon property auctions or Muskegon property management.

ALT Property Management, a company providing Property Management Solutions in the Lakeshore Area. A member of the Rental Property Association and the Property Management Association of West Michigan. Our company provides many different management solutions for Property Owners who realize that managing rental properties can be both time consuming and complicated.

David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management

http://swmric.rapmls.com/scripts/mgrqispi.dll?APPNAME=Swmichigan&PRGNAME=MLSLogin&ARGUMENT=MhJQceZI4X4BMrAl7rXqwbKGtjlcPDrGbkqWBUx3xaQ%3D&KeyRid=1&Include_Search_Criteria=on&CurrentSID=102585474

Muskegon 3000 sq ft Ranch for sale 109,900 foreclosure

Sat, 15 Oct 2011 13:53:20 -0700

Newer 6000 square foot home with 3000 sq foot basement . Everything on one floor in a nice area with a lot of newer homes. This is one of the best buys I have seen in a while . Call me the see this home at 2312063367 or 2317986430 ext 18

www.sellmuskegon.com

to see more pitures

Residential SWMRIC Client Detail Report

Listings as of 10/15/11 at 1:48pm

Page 1

See Map See Additional Pictures

MLS#:

11046929

St: Active

PT: RESI

LP:

109,500

Area:

M - 72

City of Muskegon E

SPT:

Single Family

Address:

712 Roberts St Muskegon, MI 49442

Municipality: Muskegon City

County:	Muskegon
Tax ID:	6124610000015000	Acres:	0.480
LotDim:	168 x 125 x 161 x 33 x 6 x 92	Rd Front:	168

Body of Wtr:

Water Frontage: 0

WtrFrnt: No

	Upper	Main	Lower	Bsmt	Total
Bedrooms		3			3
Full Baths		2	1		3
Half Baths		1			1
Fin/Level		3131	2630		5761
Total Sqft			2630
		Total Sqft Above Grade:	3131

Directions:	U.S. 31 to E. Apple Ave, West to Home, North to Lawrence, West to Roberts, North to home.
Cross St:	Marcoux & Lawrence


Room Dimensions/Levels:		Bedroom 2:		# of Fireplaces:
Kitchen:	Recreation:		Bedroom 3:		Approx Year Built:	2002
FrmlDin:	Den/Study:		Bedroom 4:		Income Prop:	No
DinArea:	Laundry:		Bedroom 5:		Assn Fee:
Family:	Mstr Bath:		# of Rooms:	6	Assn Fee Pay:
Living:	Mstr Bedroom:		Additional Room:		Assoc Buy In Fee:

Legal:

City of Muskegon Urban Renewal Plat NO 1 Lots 150-151 & S 1/2 Lot 152

Taxable Value:

164800

SEV: 164800

For Tax Year: 2011

Annual Prop Taxes:

6470

Tax Year: 2010

Homestead%: 100

Special Assmt/Typ:	None known	Zoning:
School District	Muskegon	High School:
Middle School:		Elementary School:

Design:	Ranch	Stories:	1
Sewer:	Public	Water:	Public
Driveway:

Garage Type 2

Garage Type Attached

Exterior Material Aluminum

Exterior Material Vinyl

Substructure Full Basement

Substructure Walkout

Heat Source Natural Gas

Heat Type Forced Air

Terms Available Cash/Conventional

Info#3755 Large ranch style home on a finished walkout basement featuring a breakfast nook, 3 bedrooms, 3 1/2 baths, a deck, a patio, a storage shed for extra storage and a 2 stall attached garage. Buyer to verify taxes and homestead status, assume any and all assessments as figures/status may change from when the listing is printed.

Presented By:

David Medendorp

ALT Realtors

October 2011

Office:	231-798-6430
Cellular:	231-206-3367

E-mail:	david@sellmuskegon.com
Web Page:	www.sellmuskegon.com

4265 Grand Haven Rd

Muskegon, MI 49441

231-798-6430

Fax: 231-332-5912

See our listings online:

http://www,sellmuskegon.com

Featured properties may not be listed by the office/agent presenting this brochure.

All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verif

712 Roberts St
	Muskegon, 49442

County	Muskegon
Municipal	City Of Muskegon
Property Class	Residential

Owner	Fannie Mae	Tax Payer
	14221 Dallas Pkwy Ste 1000
	Dallas, TX 75254		,

Property Characteristics
Alternate Prop No.
School Dist Code	61010	School Dist Name	Muskegon Schools
Neighborhood Code	R13.1	Neighborhood Desc	R13.1 Marquette General R
Zoning Code		Zoning Desc	R-1

Farm Presrvation Flag		Public Water	Y	Street Light Code	Y
Entprz/Hist/Rens Zn	N	Public Sewer	Y	Recycling Distr	N
Num Com/Ind Bldgs	0	Electricity	Y	Exempt Prop Code	TA
Num Res Bldgs	1	Gas Service	Y	Improved

Land Information
Lot Acres	.48	No. Bedrooms	3	Bldg. Style	1 Story
Lot Width	.00	No. Bathrooms	1.0	Exterior	Alum., Vinyl
Lot Depth	.00	Class		Ttl Fin Sqft	3131
Waterfront		Year Built	2002	Basement Area	3131
A/C Code	Y	Fireplaces	0	Garage Sqft	768
Map Number	24-31-21-4	Map X Coord		Map Y Coord

Assessment & Tax Information

	Assessed Value	SEV	Taxable Value
2011	164800	164800	164800
Previous	142000	142000	127644

SP Asmt 1	Asmt Bal 1
SP Asmt 2	Asmt Bal 2
SP Asmt 3	Asmt Bal 3	Homestead Pct	100

2010 Summer Tax	Other Tax
2010 Winter Tax

Sale Information

Grantor	Muskegon County Sheriff	Sale Price	260941
Grantee	Fannie Mae	Sale Date	10/09/2010
		Terms	Other
Prevous Assmnt/Sale Ratio		Liber Page	0/ 0

David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management

37 Reasons buyers pay cash and buy Real estate for less

Mon, 10 Oct 2011 23:43:15 -0700

37 reasons smart home buyers pay cash when they buy Real Estate Today and you should if you can.

1. Sellers normally give a break on price for cash they may not admit it , But they do.

2. Cash offer usually go to the top when there are more offer,s

3. Sellers will often accept an all-cash sale over a higher priced offer with conventional or other financing.

4. More likely to close.

5. If the buyer has cash a banks under writer dose not make new rules along the way.

6. Cash offers are more likely to close. They have fewer stumbling blocks.

7. And sometimes a bird in the hand is worth two in the bush, so to speak.

8. In most cases No Appraisal Contingency.

9. No Loan Funding Contingency . We see sale not get funding 2 days before closing.

10. Negotiations and offers are more likely to be considered.

11. Faster Closing " Not waiting for loan documents.

12. Cash makes the purchaser look very strong to the Seller, and puts you in a very good bargaining position.

13. When you may be in a competitive situation with other offers, a Seller may be more inclined to accept your offer rather than one "contingent" on the buyer getting financing, even if your offer is for less money (in some cases)

14. Sellers listen and maybe more afraid to counter.

16. All-cash offers eliminate a huge amount of documents, paperwork, red tape, government rules, and Demands for the Buyers.

17. Restrictions on as to resale or title, due to underlying loan are not

18. Sellers are not trusting anyone that is willing to buy a home. The person that wants to finance usually doesn't have all the money ready to be paid. Which the seller may be very concerned about. This can be a deal breaker for banks and cause a longer process for approval. Being a buyer with cash even if its just 3 % less then the person wanting to finance, you you have the upper hand due to the paying the seller cash

19. In this economy banks are trying their best to sell as many homes to qualified people. People with cash in their hands are less of a headache then people wanting to finance.

20. Cash is king. when your working with most sellers

21. There are to many incompetent mortgage bankers …

22. With low housing prices, some people are pulling their money out of the stock market and investing in rental properties, with a plan to own them long term since return can exceed 15 % annually.

23. A Real estate investment may be earning them more than they’d get on a safe investment such as a certificate of deposit.

24. Better agents are likely to work with cash buyers .

25.Lending standards are continuing to tighten and buyer and agents might not no what will be required.

26. David Ramsey thinks that paying cash is a great idea. And the status symbol of choice

27. Low Low Closing cost. Fee,s that will never have to be paid.

28. Forbes Magazine says the most attractive asset class in America is housing.

29. Housing is back. Paying cash is in.

30. No nucence cost like flood insurance in the 2500 year flood plain.

31. Higher return on investment based on lower price. They say" you make money when you buy".

32. A cash buyer is more likely to close so a seller eventually give the best price.

33. You are not required to over insure the property.

34 CASH talks " Bull shhh walks "

35. Cash is cash no contengencies. Tell them cash

36. It is fast

David Medendorp CCIM, GRI, CRS

ALT Realtors and Property management