macomb county: 33909 Birchwood - Lovely ranch condo that sold in Sterling Heights - 09/10/08 01:41 PM
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macomb county: 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
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macomb county: Buyer agency in Michigan - What does your buyers agent bring to the table? - 07/21/08 05:48 AM
I can write all day about first time home buyers and repeat home buyers in my neck of the woods in Michigan (Macomb County) but I really wanted to write today about the intangibles that a buyers agent brings to you, the consumer, when purchasing a home.When I represent you as
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macomb county: Have you been to the city - municipal headquarters in Warren MI lately? - 07/10/08 07:28 AM
It's been a while since I had to go to the city center in Warren MI to pick up any type of documention and I was happily surprised by the sight of children playing in what I call the splash
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macomb county: 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
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macomb county: Sometimes you have to laugh at the absurdity of it..."Hurry up and wait" - 05/22/08 11:35 AM
A buyer client recently had a verbal offer accepted on a foreclosure home in Macomb County.
As I've stated before, buying a foreclosure is no stress-free procedure.You must have patience in order to get through the process. That, and a sense of humor. In the initial offer we had 10 days
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macomb county: What a fun week for the Tigers - 04/27/08 04:29 PM
One of the ways I handled the burnout that I was faced with a week ago was attending the Detroit Tigers ballgame vs. the Texas Ranger on Wednesday night, courtesy of a good friend of mine. (Thanks again Brian!) Yes, that was the game that ended up being what is called
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macomb county: 5 years ago feels like a lifetime ago - 04/26/08 06:23 AM
Chatting with a friend yesterday about how much the real estate market has changedin the last 5 years had me curious for clarifying data. I took a peek this morning in Mirealsource™ to see the hard numbers during the monthof April in 2003 compared to what we are experiencing now in
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macomb county: The foreclosures almost did me in - overcoming "burnout" - 04/21/08 06:29 AM
**Caution: Honest personal post ahead**To say it's been a rough 4-6 weeks would be an understatement.Towards the end of last week the stress I was feeling inside was something I hadn't experienced before and almost overwhelming. In the past 6 weeks I've logged over 1500 miles on my poor car. (I
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macomb county: Fifty is the "new" 20 - you can teach an old girl new tricks! - 04/17/08 05:32 AM
When my birthday rolled around this year my darling niece texted me with "50 is the new 20!". At first I rolled my eyes and laughed (easy for her to say, she's really 20!). What do most 20year olds do? They learn. Whether they are in college or an apprentice or any
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macomb county: What does "Final and Best" mean? - 04/12/08 06:35 AM
If you have been looking at foreclosures recently you may have encountered this situation and been asked to fill out yet another form. One of the newer forms I am seeing recently is a “Multiple Offer Disclosure Form”. This form is being used by many real estate brokers to
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macomb county: I apologize - I didn't do my job - 04/09/08 08:22 AM
I apologize – I must not have been clear in educating you. A month or so ago I met you at your home and we talked about the real estate market in your area. Actually, we talked extensively. I listened to your questions, answered them to the best
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macomb county: Watch out for that trail of confetti - it could be a crime scene! - 04/08/08 05:38 AM
Michigan is now considering allowing those who hold concealed weapons permits to carry a Taser. A bill that is part of a package before the House has this new provision in it. There seem to be many in the state who favor this bill as it would allow them to have
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macomb county: Advisory committees for banks / REO managers? - 04/06/08 05:03 AM
Late yesterday afternoon while driving home after showing homes I had one of those “lightbulb” moments go off inside my head. (No jokes from the peanut crowd please) All of the homes I viewed were bank foreclosures with the exception of one lovely home. I jotted down notes on
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macomb county: Cookie cutter subdivisions & online "value" guess-timates - 04/05/08 05:45 AM
A buyer client was wandering around the Internet the other day and called me asking about a home for sale that he saw on one of those real estate sites that also provide online value estimates. He was excited because one of the homes we are viewing this afternoon
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macomb county: Stepping in the consumers shoes. - 03/26/08 06:18 AM
Yesterday I wrote an article about the Zero Down advertising and explained to consumers that the "Zero Down" applied to the mortgage down payment and did not in any way reflect out of pocket costs that were still needed to purchase a home. I probably jinxed myself with that post because I
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macomb county: The truth about "Zero Down" advertising - 03/25/08 05:46 AM
In the Metro Detroit area the popularity of FHA and VA mortgages is higher than I have witnessed in years. One of the reasons for the increasing use of these mortgages is the potential for the borrower to acquire a home for no money down. "Teaser" ads that I'm seeing in
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macomb county: I don't own a "Sold" sign. - 03/19/08 05:16 PM
A month or so ago a co-worker popped his head into my office and asked if I had a “Sold” sign rider that I could lend to him.I told him that I didn’t own one and he had such a comical expression on his face that I couldn’t help but
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macomb county: What happens when everyone is prepared? - A success story - 03/19/08 04:49 AM
This success story is about a home that sold in Macomb County that was NOT a foreclosure and NOT a short sale. This well maintained home was on the market just 79 days – a full 122 less than the average total days on market for this year in Chesterfield
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macomb county: Ignore the pre-approval amount - what payment are you comfortable with? - 03/16/08 06:24 AM
I was chatting with a young man the other day that is beginning his home search and we were discussing mortgage pre-approvals. He and his wife had talked with a mortgage lender previously and had been given an amount that they were qualified to purchase. My comment to him was
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