Why Countrywide is Loosing their A%# on Foreclosures! - 05/31/08 08:20 PM
This past December I was approached by a friend who had a home he needed to sell due to a bankruptcy. He was 60 days away from the end of his redemption period.  He had a 1st Mortgage of $350K and a 2nd at $100K.  The 1st was through Countrywide. 
The … (12 comments)

BUYERS - What are they thinking? - 05/31/08 07:32 PM
Over the past 6 months I have seen more and more offers come in that are significantly lower than the list price of properties in our office.  In some cases I have seen initial offers of more than 30% from the list price. 
In past years I would not find that … (2 comments)

Statistics for Northern Michigan - 05/31/08 07:19 PM
Sales in Northern Michigan were slower in 2007 than previous years.  From the all time high in 2005 we were down about 20% (544 less sales than 2005).  While that may see like a lot I feel that is a natural correction and despite all the negative press I have found … (1 comments)

The Real Estate Business in Northern Michigan is GOOD! - 05/15/08 06:05 PM
Despite all the news reports, the real estate business in Northern Michigan is actually pretty good. Statistically speaking the rest of the state (specifically Detroit) makes the rest of the state seem worse than it really is.
I wish everyone would quit watching the news and stop paying attention to the … (0 comments)

TRAVESRE CITY AREA - Builder / Investors needed for vacant developments - 05/15/08 05:44 PM
INVESTORS / BUILDERS WANTED -  If you are an  Investor / Builder (or an agent representing one) looking for vacant lots or water frontage in the Traverse City Michigan area, please contact me. I have several area developments that have a proven track record of sales but the developer needs to … (0 comments)

TIP: FREE ADVERTISING for Short Sale Help - 05/15/08 05:13 PM
Here is a great tip for any agent trying to get free advertising exposure in your local community.  I recently decided to make a small flyer stating how I can help someone with the sale of their home if they were facing foreclosure (see below).  I printed 2 flyers to a … (5 comments)

Northern Michigan Short Sale Information - After a Sheriff's Sale - 05/15/08 05:00 PM
First of all My name is Jules Yates (Associate Broker of Exit Realty Paramount in Traverse City, Michigan) ) and I can help you sell your property or negotiate a short sale for you anywhere in northern Michigan.  For those of you (non Realtors) out there who are concerned about loosing … (0 comments)

EXIT Realty Corporation– I hated the name but now I absolutely Love it - Read my story. - 05/11/08 08:17 PM
After 17 years as an independent Real Estate Broker I chose to join EXIT Realty Corporation.  Why you may ask?  So many of my colleagues asked me why I made the move that I created a website. Click the Banner below to read my story. 
I would love to share my … (1 comments)

Email - Get YourName.com (or .net, etc.) - 05/11/08 07:52 PM
It amazes me how many professionals (especially Realtors) who don't have their own domain.  I see people using gmail, yahoo, msn, etc for professional email messages.  These are all web based email and are great for personal correspondence but not for a professional.  
Did you know for $35 a year and … (7 comments)

Easy Web Sites for Beginners - Network Solutions Image Cafe - 05/11/08 07:38 PM
Many of you might have a need for a web site that is specific to given subject or property.  Believe it or not most of you are more than capable of creating one with little or no previous experience. 
I now have 35 domain names registered and have 12 active web … (1 comments)

Loss Mitigation Phone Numbers - 05/11/08 04:29 PM
Here's a list of loss mitigation phone numbers.If anyone is helping borrowers or negotiating a short sale they may be very valuable for you. I do not guarantee all these contact numbers are correct. Lender Loss Mitigation Phone Numbers & Contact Information
ABM AMRO Mortgage (800) 783-8900Web: https://www.mortgage.com/C3/application.bus Accredited Home Lenders(877) … (5 comments)

Vacant Lake Lots - Covered Bridge - Herendeen Lake - 05/11/08 03:44 PM
Lots at Loon Song Covered Bridge Lake Ann, MI 49650 Once in a lifetime opportunity to own a private, wooded building site on a mostly undeveloped 58 acre lake just North of Lake Ann. These 7 heavily wooded site are accessible via a custom 90 foot covered bridge which takes … (0 comments)

Rennie Lake Lots For Sale - Traverse City - 05/11/08 03:42 PM
New Building Sites on Rennie Lake Traverse City, MI 49686 Here is a rare opportunity to own just one of 11 new waterfront home sites on Rennie Lake. These parcels are being offered for the first time and we are taking reservations in anticipation of a Summer closing. These sites … (0 comments)

Lake Ridge Condo - Boardman Lake - Traverse City - 05/11/08 03:40 PM
Lake Ridge Condominium Traverse City, MI 49684 One of a kind, ground floor condominium on Boardman Lake in the heart of Traverse City. This unit features a custom deck with immediate access to the grounds and lake and is the only unit that will ever have one. This 2 bedroom … (0 comments)

Vacant Green Lake Frontage - Grand Traverse County - 05/11/08 03:38 PM
Vacant Green Lake Frontage Interlochen, MI 49643 Unique opportunity to own one of the finest water front building sites on Green Lake and sites are priced accordingly. Building sites are very private and are tucked out on one of the most pristine wooded peninsulas on the lake. Sandy bottom and … (0 comments)

Rennie Lake Home For Sale - Traverse City Area - 05/11/08 03:35 PM
Rennie Lake Peninsula Traverse City, MI 49686 Spacious 4 bedroom / 4 bath home on the sandy shore of 238 acre Rennie Lake. Home faces west for gorgeous sunsets. Property was recently divided to become Rennie Lake Shores and is located on a private wooded peninsula with just 10 other … (0 comments)

Quality Aerial Photography – Use MSN Maps - 05/11/08 03:28 PM
If any of you need to find quality aerial photography try MSN Maps.  Until I discovered that site I used Google Earth which is a great site but it does not have the detail I found on MSN's Virtual Earth. 
Go to MSN.com and click the maps tab just above the … (3 comments)

HUNTINGTON - First & Second Mortgage - Short Sale - 05/10/08 03:57 PM
Back in later November 2007 I was approached by a friend of mine who needed to sell their home which was going to sheriff's sale on December 19th, 2007.  They had the property on the market with a Re/Max office here in town and had no showing in 2 months.  I … (1 comments)

CHASE - Negotiating a short sale on a second mortgage with Chase - 05/10/08 03:10 PM
Here is an interesting deal for al of you dealing with Chase Mortgage (As a second Mortgage).  I had a lake front home which had appraised for $725K in 2006 listed and over 2 years reduced the price to $695K.  I know...2 years...well it is a unique circumstance and lake for … (8 comments)

 
Real Estate Agent: Jules Yates - Exit Realty Parmount (Exit Realty Paramount)
Jules Yates - Exit Realty Parmount
Traverse City, MI
More about me…
Exit Realty Paramount

Office Phone: (231) 946-4404 Ext.: 103
Cell Phone: (231) 218-5199
Email Me
This Blog contains a wealth of information about general real estate, my listings, short sales and even a few helpful tips. With over 20 years in the business I fell I can offer anyone some good advice.

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