metro detroit real estate: The upcoming winter Metro Detroit real estate market - 11/15/09 08:21 PM
This winters Metro Detroit real estate market is going to be a little different than last year.  Here is what I see happening this winter.
Last year you could snap up Metro Detroit foreclosures really cheap.  It wasn't unusual to be able to pick up a decent Metro Detroit home at a … (0 comments)

metro detroit real estate: Short sale nightmares - 11/08/09 08:11 PM
I saw a beautiful Livonia short sale home about 3 months ago with one of my clients.  At the time the listing was being touted on the MLS as "short sale approved".  My clients were two weeks late on putting in an offer and their offer was going to be a … (1 comments)

metro detroit real estate: Northville real estate selling tips - 11/08/09 06:15 PM
So you are ready to sell a piece of Northville real estate or Livonia real estate but wonder how clean the house should be.  YOUR HOUSE DOES NOT HAVE TO BE WHITE GLOVE READY EVERY TIME YOU SHOW.
                                           
 
Yes you heard me right.  Your house doesn't have to … (0 comments)

metro detroit real estate: Rochester MI one of the bargain home areas in Michigan - 11/03/09 09:48 PM
Lately I have been showing Rochester and Rochester Hills homes to two different buyers.  Rochester is a nice stable community.  Located off I-75 or M-59 it is not too far from the City of Detroit.
What I have been noticing is that many colonials have been selling for very reasonable prices.  … (1 comments)

metro detroit real estate: The latest scam in Metro Detroit real estate - 11/03/09 08:36 PM
The latest scam in Metro Detroit real estate is homeowners short saleing their house to a relative.  It is not supposed to happen.  In fact many banks have a form that the buyer signs that they are not related to the seller.  But it is happening.  I myself have heard of one … (7 comments)

metro detroit real estate: Three items you will find in a Metro Detroit real estate purchase agreement - 11/01/09 08:59 PM
"Earnest money deposit" or "good faith deposit" is the amount of money that you put down as a gesture of good faith.  You see you have to put down what the call consideration.  A legal contract is made up of three things. 
Offer -what you put down in the contract and sign … (0 comments)

metro detroit real estate: Keeping your house safe Livonia real estate and Metro Detroit real estate sales tips - 11/01/09 07:51 PM
Whether you are selling Livonia real estate or any Metro Detroit real estate here are tips how to keep your house safer when selling it.  What I mean by safer is keeping your valuables safer.
When you sell your house you need to put your valuables out of reach of potential … (0 comments)

metro detroit real estate: Clear to close now what - Metro Detroit real estate - 10/29/09 03:19 PM
 We got the clear to close today and now what do we have to do when buying Metro Detroit real estate
 Now that we are clear to close and have the date and time set up this is what happens next.   Your lender sends the closing documents to the title … (0 comments)

metro detroit real estate: are you an out of state or out of country investor - 10/26/09 09:43 PM
 and have a few thousand bucks to invest.  But is Detroit the place to invest your money? Sure you may have never heard of such low home prices.  Yes homes in your country or state may be much higher.  In fact they may be hundred of thousands of dollars higher.  But just … (1 comments)

metro detroit real estate: Metro Detroit short sales Part 2 - 10/25/09 09:14 PM
 If you are selling your Metro Detroit home here are the two areas you may have liability.
1. Tax liability -  currently there is no tax liability because President Bush declared there would be no tax liability for on a principal residence.  It hasn't expired yet.  Before President Bush did that … (0 comments)

metro detroit real estate: Metro Detroit relocation information - 10/25/09 08:40 PM
Metro Detroit Relocation Information Metro Detroit Relocation Information is important to you the buyer.  The first thing I recommend you should do is search the city.  Google or Yahoo the information you want.  Go to the actual cities site and the chamber of commerce and read about the community.  Read about the schools, police and … (0 comments)

metro detroit real estate: Aren't short sales harder to negotiate? - 10/25/09 08:01 PM
This is a question I received from one my clients the other day.  They are looking to buy a Canton Michigan home.  Basically how the negotiations go depends on how the listing agent priced the home.  There are two main components I believe in a short sale that determine how the … (2 comments)

metro detroit real estate: Metro Detroit Short sales - 10/21/09 09:16 PM
I saw a blurb on short sales on a national morning news channel this week.  What they were showing is that short sales are taking a long time.  They say they are taking twice as long as they were a  year ago.  They showed a couple of people that took 8 … (2 comments)

metro detroit real estate: 12 days left for the first time home buyer tax credit - 10/18/09 08:08 PM
Unless our lazy politicians get off their butts the first time home buyer tax credit will expire on Dec 1.  To most home buyers that means they have to have a purchase agreement signed by November 1 in order to get the mortgage done in time.
It is going to take … (0 comments)

metro detroit real estate: Escrow account explanation - 10/18/09 07:38 PM
Why do I need to put money into a escrow account?? I have already had to pay for one full year of homeowners insurance already?  Why do I need to come up with more money for closing?
That is a common comment or question from many Metro Detroit first time home … (1 comments)

metro detroit real estate: Ahh.... nothing like a good fight - 10/18/09 07:08 PM
In the real estate business we see families up close and personal making a big decision.  Remember this is the biggest purchase they are making so needless to say we see some good disagreements.  It's rough sometimes because different members of the families have different priorities.
Last week I saw one … (4 comments)

metro detroit real estate: Due diligence - 10/17/09 09:25 PM
Just what is due diligence.... Quite simply it means getting off your arse.... and finding out for yourself.  Sure we as your Realtor are your go to person, but there is tremendous liability sometimes in getting that info.
Think about this...
I had a client ask me about lot lines.  Sure … (3 comments)

metro detroit real estate: First time home buyer meeting - 10/16/09 09:28 PM
I met with a Clawson / Royal Oak / Troy first time home buyer for the first time tonight.  We had spoken on the phone on Tuesday on what they wanted.  They wanted to buy a home in Warren, Clawson, Troy in the $80,000 - $120,000 range.  One of their priorities was a good … (2 comments)

metro detroit real estate: Michigan sex offenders list - Diary of a metro Detroit Realtor - 10/15/09 10:10 PM
I had a great day!  I lost a Canton home deal today.  But it was a great day.  I could have made over $6000 on the deal.  But it is great that I lost it!  it's great that I didn't make money today.
You see between the home inspection and the … (4 comments)

metro detroit real estate: The metro Detroit real estate market is scaring me. - 10/15/09 09:26 PM
I have been busy selling Metro Detroit real estate these last two months.  I thought we were turning the corner.  I thought the first time home buyer tax credit was going to save the metro Detroit real estate market.  But I realized today that I was wrong.
You see last year … (1 comments)

 
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Northville, MI

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