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How About Some Good News - Michigan State is going to the Final Four at Ford Field in Detroit, MI - 03/30/09 09:04 PM
How about some positive news for Michigan! The NCAA Final Four is being played at Ford Field in Detroit, MI
Congratulations to the Michigan State Spartans for making it to the Final Four!
The match ups start Saturday, April 4th:
Michigan State v University of Connecticut @ 6:07 eastern time
North Carolina v Villanova - game scheduled to start 40 minutes after game 1
Monday, April 6th is the National Championship Game
Game time 9:21 eastern
This is a big weekend for Detroit and there are all kinds of events and happenings going on this weekend. Check out the … (3 comments)
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What Exactly is a HUD Home? - 03/28/09 07:00 PM
I was out showing bank owned houses & HUD homes this afternoon, and I had someone ask me what exactly a Hud home is. I've posted on this before, but thought I would share with you again as I hear this question quite a bit.
When someone buys a house with an FHA loan and defaults on the mortgage, the lender forecloses on the home. FHA then pays the lender and then HUD becomes the owner of the home. So quite simply, a Hud home = FHA foreclosure.
Today I was in 2 hud homes in Eastpointe and they were both in pretty … (2 comments)
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House with some Tunes! - 03/20/09 04:59 PM
While I was out selling St. Clair Shores real estate this week, I came across this while I was showing a bank owned property to a client.
This hifi system was built in the family room wall. It was pretty neat, I've seen old systems similar to this before, but never one quite like this. When we opened the bottom panel to see what was in there, we discovered a phonograph!
I don't know if the system worked or not, as the electric was not turned on, but it looks like this was state of the art back in its … (18 comments)
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The Market is Terrible - 03/17/09 09:22 PM
It's no secret that the real estate market is not great right now. All you have to do is turn on the radio or television, read the newspapers or internet and you'll hear about it. I'm not writing one of those posts that make it sound like everything is just wonderful. It's true, the market is down, in fact way down. That however is great news for buyers.
Take it from me as someone who is out there working in real estate full time, it is a great time to buy. Let me say that again .... IT IS A GREAT … (9 comments)
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What Will My House Sell For? - 03/13/09 07:27 AM
When contacted by a client who is interested in selling their home, I always do what they call a 2 Step Listing process.
•1. Preview the home
•2. Set up an appointment to review my CMA with the client
Why the 2 steps, some clients and even some agents ask? Everyone is in agreement that pricing is so important in this market, or any market in my humble opinion. Well, for me to price your home correctly I really need to see it! Yes, I can get all the data from various sources and I am interested … (14 comments)
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Macomb County Home Buyer Assistance Program - 03/12/09 11:46 AM
I have just heard that Macomb County is starting a home buyer assistance program for vacant foreclosed properties in Macomb County. So far from what I've read, the Macomb County Buyer Assistance Program will cover 21 Macomb County communities and concentration will be placed on Eastpointe, Mt. Clemens and Center Line.
The jist of it, from what I understand is that Macomb County can provide deferred payment or forgivable loans for down payment assistance, closing costs, home rehabilitation or other financing for single family, owner occupied residences.
I don't have all the answers to the rules and regulations and qualifications yet, but … (9 comments)
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Macomb Township Colonial - New Price! - 03/09/09 08:52 PM
If you're looking for a HOT DEAL in Macomb Township, MI don't miss out on this beatuful colonial. This home has been very well maintained and is truly in Move in Condition! Great opportunity for some lucky buyer.
See more pictures of this fabulous home or view virtual tour here.
ml# 30682070 2433 sq.ft. 2 Story Great Room 4 bedrooms 2.5 baths Fabulous Kitchen Master Suite Chippewa Valley schools 1 Year Home Warranty Great home at a great price! First time buyers can take advantage of the $8,000 tax … (0 comments)
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Spring Forward ..... - 03/05/09 08:30 PM
Last week I wrote a post Spring is Near, about the Detroit Tigers starting their exhibition season. Well here's another sure sign spring is on the way.
It's time to spring ahead and change our clocks this Sunday, March 8th and don't forget this is a great time to change the batterys in you smoke detectors.
If you'd like to start looking for homes this spring in Macomb County sign up for a free Listingbook account and search the mls on your own personal website! Absolutely FREE!
For more info on the Macomb County Real Estate market, contact Mike Mitchell,REALTOR … (5 comments)
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Macomb Township, MI Real Estate Market Report - February 2009 - 03/02/09 10:14 PM
February, 2009 Real Estate Market Report for Macomb Township, MI
There were 41 single family homes that closed in Macomb Township, up from 29 in January.
The highest sale price was $312,400 The lowest sale price was $46,500 The average sale price of those 41 closings was $194,333 The average total days on the market was 248 Of those 29 closings 20 of them or aprox. 49% were bank owned
If you're thinking of selling your house and would like to know the value of your Macomb Township home call or email me to set an appointment for a free Comparative Market … (5 comments)
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Saint Clair Shores Real Estate Market Report - February 2009 - 03/02/09 09:38 PM
If you would like to know what your St. Clair Shores home is worth in today's market, give me a call to schedule an appointment for a free market analysis (cma). No pressure, no obligation
ST. CLAIR SHORES MARKET REPORT FOR FEBRUARY - HOMES
There were 37 single family homes that closed in February, in December we saw 43 closings and 36 in January. Last month 29 of the 36 January closings or 80% were bank owned homes. Februarys stats were slightly better, only 23 of the 37 homes sold, aproximately 62% were bank owned. The number of bank owned homes continue to drive values down.
There … (2 comments)
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