bank owned homes: Could it be as simple as the old principle of Supply & Demand? - The road to recovery in our real estate market. - 11/04/08 08:13 AM
The last week or so I have been reading that many large banks and mortgage lenders are now instituting policies to help curtail the rise in foreclosures. (I'll refrain from stating that it took them long enough to think and act clearly..) JP Morgan - Chase Bank has announced they will … (19 comments)
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bank owned homes: Bank owned homes and their agents: Where does fiduciary responsibility end and human responsibility start? - 09/01/08 03:37 PM
One of my biggest gripes with showing bank owned homes is this: The seller (bank, asset manager, Wizard of Oz...) does not have to provide full disclosure on the home.Heck, they don't even have to provide partial disclosure on anything that has to do with the home.
Yes, I get … (94 comments)
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bank owned homes: Macomb County MI real estate - Your agent can narrow down your search for foreclosures only. - 08/21/08 05:36 AM
To my knowledge, there isn't a way for buyers searching the internet (Realtor.com, Homegain, the local MLS feed) to enter search criteria for bank owned homes (foreclosures) only.In Macomb County MI there are 2 Multilist data sources: Mirealsource™ and Realcomp™. Some real estate agents belong to one. I pay dues and … (8 comments)
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bank owned homes: Foreclosure sale in St. Clair County MI - one for the "timeline" record books - 07/29/08 06:07 AM
Wow. WOW. I still have trouble believing it, and it happened to my buyer client. The bank owned home below (overgrown trees and shrubbery included :-) was sold to my buyer client in just 15 days from start to finish. The home is located in Marysville MI (St. Clair … (9 comments)
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bank owned homes: Chesterfield Township MI - Muirfield Manor Subdivision - 07/14/08 06:24 AM
Chesterfield Township Michigans Muirfield Manor Subdivision is one of the completed subdivisions in our area that has a nice mixture of homes: Ranch style, Split-Level and Colonials. This location in Macomb County is within the Lanse Creuse school district and also offers to a prospective home buyer a range of prices … (6 comments)
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bank owned homes: I'll let the pictures tell the story - a sad foreclosure in Macomb County MI - 06/06/08 06:01 AM
I've written a few articles about the foreclosures here in Macomb County MI and how I feel the banks/asset managers/whomever-owns-them can help to get these homes sold and save neighborhoods.
One of the articles I wrote laid out a simple plan, so simple that I know it won't be taken seriously … (14 comments)
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bank owned homes: A foreclosure success story - finally one to rave about instead of ranting. - 05/30/08 05:55 AM
I haven't been shy about stating my opinion when I feel the asset managers of foreclosures in Macomb County Michigan are dropping the ball and shirking their responsibility to neighborhoods. This morning however I would like to give a big THANK YOU to all of those involved with the care of … (15 comments)
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bank owned homes: At the top of the list of "What will I need to buy a foreclosure?" in Macomb County? - Patience - 05/14/08 05:53 AM
It has been well over a year since I've had buyer clients that didn't view at least one foreclosure in Macomb County MI, for most it has been many foreclosure properties before they decide on the home they wish to purchase.You would think that by now after viewing hundreds of them … (14 comments)
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bank owned homes: 8 bank owned-foreclosures on the market in Chesterfield Township - $125,000 to $150,000 - 05/11/08 07:09 AM
While checking the databases this morning I saw that the amount of foreclosures on themarket in Chesterfield Township MI appears to be dropping.
This is great news for home sellers in our area of Macomb County. This morning therewere only 8 foreclosures on the market between $125,000 and $150,000.
If you … (1 comments)
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bank owned homes: About foreclosures: How the banks can help turn around the economy and neighborhoods in Macomb County. - 05/01/08 01:08 PM
I have a very simple plan for the bank owners of foreclosed homes in Macomb County and the entire Metro Detroit area. In fact, it's so simple that the banks probably won't even consider it, let alone put it into practice.
Part 1: Turn the utilities on. Pay $40-$60 per month to … (62 comments)
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bank owned homes: NOW they publicize it - (I should read the entire handbook...) - 04/27/08 06:34 AM
If you've been in this business longer than 5 minutes one of the things that will pop into your mindand your buyers mind is "How do I know the sellers received my offer?"
We can ask the listing agent, the broker, and even the tooth fairy but we really weren't assured that … (24 comments)
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bank owned homes: Bank owned homes in Chesterfield Township - 12 sold in the last 30 days! - 11/09/07 05:34 AM
Twelve smart home buyers purchased bank owned homesin Chesterfield Township Michigan within the last 30 days.
This northern Macomb County community has always beena leader in the real estate market and the quick resale ofthese bank owned homes is further proof that homebuyers are choosing Chesterfield Township for theirinvestments and residences.These homes … (11 comments)
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bank owned homes: Foreclosures in Chesterfield Townshp MI - 10/20/07 06:44 AM
Are you an investor? Chesterfield Township MI in Macomb County has always been a strong real estate market for both investors andprivate homeowners occupying their homes and raising their families.If you are thinking of investing now while the market is ripe fora buyers advantage here is a list of homes currently … (9 comments)
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bank owned homes: Bank owned homes in New Baltimore MI - 10/20/07 06:15 AM
New Baltimore Michigan has not been immune to the recentincrease in foreclosures that have hit our state.There area many websites out there that have partial listsof the bank owned properties advertised. As there are somany to wade through if you are an investor, I thought itwould be helpful to those of … (0 comments)
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bank owned homes: Bank owned homes for sale in Macomb County Michigan - 09/27/07 07:03 AM
While searching Mirealsource™ this morning for bank owned propertiesin Macomb County Michigan I was curious as to how many bank ownedhomes there are in each city and/or township in the county.Here is a breakdown of the specific cities and townships and the numberof homes for sale in each that are currently … (2 comments)
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