One home buying mistake many home buyers make is over-extending themselves by buying a house too big! Many people have lost their homes in the last few years because they over extended thenselves. So many first-time home buyers make the mistake of getting sucked into buying a house too big. So
...
05/18/2010
When does it make sense to do a short sale if the bank isn't cooperating? What I mean by that is the bank being stubborn on the price. Is the bank refusing to do the sale unless you sign a deficiency? Let me explain this a little bit. When you sell your Metro Detroit home via a short sale ther
...
05/18/2010
Here is the latest Oakland County MI real estate update on what the median sale price and the number of Oakland County homes that have sold in the March. As you can see the number of home sales is up from last year. Mr. Obama's first time home buyer tax credit had a lot of people out their look
...
05/16/2010
Here are some Northville home selling tips about contingencies in the purchase contract. The Northville home seller was nervous about all the contingencies in the purchase contract. In every purchase contract there are contingencies, that must be satisfied, each within a certain time frame, in
...
05/16/2010
A lady that was looking for a metro Detroit home in the $400 - $600,000 range asked me where have all the Detroit foreclosures gone? Metro Detroit is a little different than some areas like California, Arizona, or Florida. They have many high end foreclosures. There were investors in those citi
...
05/14/2010
Here is an update on Oakland County lake front foreclosures. I received an email from a lady today requesting listings for Oakland Lakefront homes under $150,000. She had recently missed buying a home because she bid too low. It was a lakefront home that was listed at $66,000. The lady had bid
...
05/12/2010
Here are some tips on what not to do and what to do if you want to get a home you want. In the two years before you buy a home.......work all you can.......don't take time off that reduces your pay. Your bank looks at your last two years income and the year to date income. The dollar amount of
...
05/11/2010
I got a call from my buyers a month ago saying our bank now says we can't buy the home after we already put in the purchase agreement. I asked my clients to explain. They said they no longer had the proper debt ratios. They had too much debt when they included the house payment, insurance, and
...
05/10/2010
My clients and I finally closed on a Holly Michigan home. They wanted a older home with character on a larger lot. They had been looking on and off for about 6 months when we found this home. It was a 2500 square foot home that we bought for $63,000. We got lucky because it had some easily iss
...
05/10/2010
Today I read on MSN that some students at Live Oak High School in Morgan Hill were sent home yesterday because they were wearing American flags on tee shirts. It seems that Live Oak High School has a large Latino population and the administration felt it was inappropriate for American students t
...
05/06/2010
