3 BR, 1 BA home or cottage with 70' of frontage on all sports Dodge Lake. Home is in good condition with recent updates and has an attached garage with large, finished bonus room (or 3rd bedroom) on water side. Patio overlooking the level lot to the lake side. This is an affordable way to begin making memories up north on the water! "Seller reserves the right to accept the offer of their choice regardless of the order in which they are received, counter offered or presented if a multiple offer scenario arises."
$68,400
Are you thinking about making Gladwin County, Michigan your new home? Gladwin County is home to both Wixom Lake and Secord Lake! Are you thinking about taking advantage of the great interest rates and affordable prices to buy your own slice of Northern Michigan Heaven? Contact me today and lets gets started! I know the area very well and I know the market even better!You can call me at 989-429-2600, email me at sonya@sonyaloose.com or visit my website at www.BuyorSellWithSonya.com .
3 BR, 1 BA singlewide with addition that added larger living room, family room and bedroom. Home needs work. Nice wooded setting not far from town on a .92 acre lot with a large pole barn in good condition. Land contract terms available.
$24,900
Are you thinking about making Gladwin County, Michigan your new home? Gladwin County is home to both Wixom Lake and Secord Lake! Are you thinking about taking advantage of the great interest rates and affordable prices to buy your own slice of Northern Michigan Heaven? Contact me today and lets gets started! I know the area very well and I know the market even better!You can call me at 989-429-2600, email me at sonya@sonyaloose.com or visit my website at www.BuyorSellWithSonya.com .
Best of both worlds....Woods & Water! 3 BR, 2 BA manufactured home with extensive decking overlooking the Tittabawassee River (boatable into Wixom Lake) with 12.08 acres that adjoins AuSable State forest. Private, secluded setting that is heavily wooded. Boat, fish, snowmobile, hunt or just relax!
$135,000
Are you thinking about making Gladwin County, Michigan your new home? Gladwin County is home to both Wixom Lake and Secord Lake! Are you thinking about taking advantage of the great interest rates and affordable prices to buy your own slice of Northern Michigan Heaven? Contact me today and lets gets started! I know the area very well and I know the market even better!You can call me at 989-429-2600, email me at sonya@sonyaloose.com or visit my website at www.BuyorSellWithSonya.com .
This post is an update to a series I publish on available foreclosure listings in the Gladwin, Michigan area. I will include available foreclosure listings in Clare, Michigan, Harrison, Michigan Beaverton, Michigan and the surrounding areas as well.
I will start with a summary of important information to know and consider before beginning the process of searching for bank owned and HUD properties.
Definition of foreclosure according to wikipedia is:
The foreclosure process as applied to residential mortgage loans is a bank or other securedcreditor selling or repossessing a parcel of real property (immovable property) after the owner has failed to comply with an agreement between the lender and borrower called a "mortgage" or "deed of trust". Commonly, the violation of the mortgage is a default in payment of a promissory note, secured by a lien on the property. When the process is complete, the lender can sell the property and keep the proceeds to pay off its mortgage and any legal costs, and it is typically said that "the lender has foreclosed its mortgage or lien". If the promissory note was made with a recourse clause then if the sale does not bring enough to pay the existing balance of principal and fees the mortgagee can file a claim for a deficiency judgement.
You may hear a Foreclosure sale called an REO or Repo...these are all synonyms for a house that has been foreclosed upon and is now bank owned.
Definition of HUD property
When someone with an FHA Insured mortgage defaults on the loan, the lender forecloses on the home; FHA pays the lender what is owed; and then HUD takes ownership of the home. In Michigan and other states HUD turns over the property to Michaelson, Connor and Boul Inc. (MCB) a Marketing and Management contractor for HUD. MCB maintains and sells these properties in accordance with HUD guidelines.
A great resource for answers to frequently asked questions about searching for, viewing, and the buying process of HUD homes is available at the FAQ page on mcbreo.com. Click here to view it!
1. The first step in buying any foreclosure or HUD home is to determine if you have the cash available or if you can qualify for some type of financing. When submitting an offer to purchase a foreclosed property most banks or government agencies will not even consider your offer unless it is accompanied by a letter of pre-approval from a lender or a proof of funds letter showing the availability of your cash. This step cannot be skipped and I cannot stress the importance of getting this in order before searching for available homes.
2. Find a local real estate agent familiar with the area you are looking in. Real estate is local and an out of town agent may not be fully aware of the intricacies of selling real estate in that specific area or know about certain things happening locally that may affect your decision to purchase in that area or buy that specific home. I am an Accredited Buyers Agent fully qualified to represent buyers in the Gladwin, Michigan area and the surrounding communities of Beaverton, Harrison, Clare and Hope. I have extensive knowledge of the local real estate market and am very experienced in the sale of foreclosure properties. 60% of my business so far this year has come from the sale of foreclosed properties or HUD homes.
3. Buying a Foreclosure or HUD property is not like buying from an individual. Almost all foreclosures or HUD properties are sold as-is, where-is, meaning that you will be buying the property in its present condition and no repairs will be made by the owner. Typically the house is priced according to its fair market value taking into account its condition. This does not mean that you should not do an inspection! As a matter of fact that is one of the most important steps...this will ensure you are fully aware of the condition of the home you are going to purchase and determine if you want to or can repair the home.
There will be additional paperwork involved in making an offer to purchase a bank owned/foreclosure property. Banks typically have an addendum to the purchase agreement, as-is statement and other documents that must be reviewed and signed and either sent along with the offer to purchase or signed after acceptance of your offer. The complexity and length of these documents is another reason why it is so important to choose an agent familiar with selling foreclosure properties. Your agent will guide you through the process answering your questions along the way.
Banks work on their time line not yours and do only what is in their best interest. For the bank selling the property it is all about the bottom line. They will decide if your offer makes financial sense based on the local market, the value of the property and your method of payment. They will respond when they can (and do try to do so in a timely manner) but they do not have to respond at all if they do not like the offer. Banks can review multiple offers to purchase a property at one time and in this case usually require the highest and best offer from all parties who are interested in purchasing.
Remember foreclosures are vacant and immediate occupancy is given which can speed up the process of moving in!
Below is the list of foreclosure properties for sale in the Clare/Gladwin Board of Realtors MLS and a link to the HUD properties in the Gladwin, Beaverton, Clare & Harrison areas. I strongly advise that you contact me to check the properties availability as foreclosure and HUD properties are priced to sell in 90 days or less. The Gladwin, Michigan market has an average of 7.5 months to sell a property so when a bank decides on a list price to sell the property in 90 days or less they are priced well below market value and tend to sell quickly.
No HUD properties currently available in Gladwin, Michigan.
HUD properties currently available in Beaverton, Michigan.
I have identified 2 new foreclosure properties in the MLS since the las tpost. In this post I have included only foreclosure properties new to the market since the last post.
My job as your Realtor is to guide you through the process of buying a foreclosure or HUD property and to answer your questions with my experience, patience and understanding. Buying a foreclosure or HUD property is a big deal, exciting and could be a great way to invest or buy your first home! Keep in mind any first time buyer who qualifies gets to take advantage of the up to $8,000 tax credit. It doesn't matter if you are a buying a foreclosure or HUD property!! There is also an up to $6,500 tax credit for repeat home buyers who qualify!
To continue receiving this update consider subscribing to my blog!!
I do offer a service to my clients that automatically emails you new listings that come on the market meeting your specific criteria. This eliminates the need for you to spend endless hours online sifting thru the current inventory. It also notifies you the day it comes on the market so you don't miss a great opportunity! Send an email or contact me by phone or text and tell me what you are looking for! I will set up the notification for you.
Sonya Loose, an Associate Broker with Red Carpet Keim Real Estate in Gladwin, Michigan specializes in residential real estate with expertise in foreclosure properties and identifying investment opportunities. To contact Sonya you can email to sonya@sonyaloose.com, visit my website at www.buyorsellwithsonya.com or call me directly at 989-429-2600.
Are you thinking about making Gladwin County, Michigan your new home? Gladwin County is home to both Wixom Lake and Secord Lake! Are you thinking about taking advantage of the great interest rates and affordable prices to buy your own slice of Northern Michigan Heaven? Contact me today and lets gets started! I know the area very well and I know the market even better!You can call me at 989-429-2600, email me at sonya@sonyaloose.com or visit my website at www.BuyorSellWithSonya.com .
This post is an update to a series I publish on available foreclosure listings in the Gladwin, Michigan area. I will include available foreclosure listings in Clare, Michigan, Harrison, Michigan Beaverton, Michigan and the surrounding areas as well.
I will start with a summary of important information to know and consider before beginning the process of searching for bank owned and HUD properties.
Definition of foreclosure according to wikipedia is:
The foreclosure process as applied to residential mortgage loans is a bank or other securedcreditor selling or repossessing a parcel of real property (immovable property) after the owner has failed to comply with an agreement between the lender and borrower called a "mortgage" or "deed of trust". Commonly, the violation of the mortgage is a default in payment of a promissory note, secured by a lien on the property. When the process is complete, the lender can sell the property and keep the proceeds to pay off its mortgage and any legal costs, and it is typically said that "the lender has foreclosed its mortgage or lien". If the promissory note was made with a recourse clause then if the sale does not bring enough to pay the existing balance of principal and fees the mortgagee can file a claim for a deficiency judgement.
You may hear a Foreclosure sale called an REO or Repo...these are all synonyms for a house that has been foreclosed upon and is now bank owned.
Definition of HUD property
When someone with an FHA Insured mortgage defaults on the loan, the lender forecloses on the home; FHA pays the lender what is owed; and then HUD takes ownership of the home. In Michigan and other states HUD turns over the property to Michaelson, Connor and Boul Inc. (MCB) a Marketing and Management contractor for HUD. MCB maintains and sells these properties in accordance with HUD guidelines.
A great resource for answers to frequently asked questions about searching for, viewing, and the buying process of HUD homes is available at the FAQ page on mcbreo.com. Click here to view it!
1. The first step in buying any foreclosure or HUD home is to determine if you have the cash available or if you can qualify for some type of financing. When submitting an offer to purchase a foreclosed property most banks or government agencies will not even consider your offer unless it is accompanied by a letter of pre-approval from a lender or a proof of funds letter showing the availability of your cash. This step cannot be skipped and I cannot stress the importance of getting this in order before searching for available homes.
2. Find a local real estate agent familiar with the area you are looking in. Real estate is local and an out of town agent may not be fully aware of the intricacies of selling real estate in that specific area or know about certain things happening locally that may affect your decision to purchase in that area or buy that specific home. I am an Accredited Buyers Agent fully qualified to represent buyers in the Gladwin, Michigan area and the surrounding communities of Beaverton, Harrison, Clare and Hope. I have extensive knowledge of the local real estate market and am very experienced in the sale of foreclosure properties. 60% of my business so far this year has come from the sale of foreclosed properties or HUD homes.
3. Buying a Foreclosure or HUD property is not like buying from an individual. Almost all foreclosures or HUD properties are sold as-is, where-is, meaning that you will be buying the property in its present condition and no repairs will be made by the owner. Typically the house is priced according to its fair market value taking into account its condition. This does not mean that you should not do an inspection! As a matter of fact that is one of the most important steps...this will ensure you are fully aware of the condition of the home you are going to purchase and determine if you want to or can repair the home.
There will be additional paperwork involved in making an offer to purchase a bank owned/foreclosure property. Banks typically have an addendum to the purchase agreement, as-is statement and other documents that must be reviewed and signed and either sent along with the offer to purchase or signed after acceptance of your offer. The complexity and length of these documents is another reason why it is so important to choose an agent familiar with selling foreclosure properties. Your agent will guide you through the process answering your questions along the way.
Banks work on their time line not yours and do only what is in their best interest. For the bank selling the property it is all about the bottom line. They will decide if your offer makes financial sense based on the local market, the value of the property and your method of payment. They will respond when they can (and do try to do so in a timely manner) but they do not have to respond at all if they do not like the offer. Banks can review multiple offers to purchase a property at one time and in this case usually require the highest and best offer from all parties who are interested in purchasing.
Remember foreclosures are vacant and immediate occupancy is given which can speed up the process of moving in!
Below is the list of foreclosure properties for sale in the Clare/Gladwin Board of Realtors MLS and a link to the HUD properties in the Gladwin, Beaverton, Clare & Harrison areas. I strongly advise that you contact me to check the properties availability as foreclosure and HUD properties are priced to sell in 90 days or less. The Gladwin, Michigan market has an average of 7.5 months to sell a property so when a bank decides on a list price to sell the property in 90 days or less they are priced well below market value and tend to sell quickly.
HUD properties currently available in Gladwin, Michigan.
I have identified 1 new foreclosure properties in the MLS since the las tpost. In this post I have included only foreclosure properties new to the market since the last post.
My job as your Realtor is to guide you through the process of buying a foreclosure or HUD property and to answer your questions with my experience, patience and understanding. Buying a foreclosure or HUD property is a big deal, exciting and could be a great way to invest or buy your first home! Keep in mind any first time buyer who qualifies gets to take advantage of the up to $8,000 tax credit. It doesn't matter if you are a buying a foreclosure or HUD property!! There is also an up to $6,500 tax credit for repeat home buyers who qualify!
To continue receiving this update consider subscribing to my blog!!
I do offer a service to my clients that automatically emails you new listings that come on the market meeting your specific criteria. This eliminates the need for you to spend endless hours online sifting thru the current inventory. It also notifies you the day it comes on the market so you don't miss a great opportunity! Send an email or contact me by phone or text and tell me what you are looking for! I will set up the notification for you.
Sonya Loose, an Associate Broker with Red Carpet Keim Real Estate in Gladwin, Michigan specializes in residential real estate with expertise in foreclosure properties and identifying investment opportunities. To contact Sonya you can email to sonya@sonyaloose.com, visit my website at www.buyorsellwithsonya.com or call me directly at 989-429-2600.
Are you thinking about making Gladwin County, Michigan your new home? Gladwin County is home to both Wixom Lake and Secord Lake! Are you thinking about taking advantage of the great interest rates and affordable prices to buy your own slice of Northern Michigan Heaven? Contact me today and lets gets started! I know the area very well and I know the market even better!You can call me at 989-429-2600, email me at sonya@sonyaloose.com or visit my website at www.BuyorSellWithSonya.com .
Xerox gives you the opportunity to send a free printed postercard to US military personnel stationed overseas showing your support and appreciated for their service to our country.
It can be done in 3 easy steps and will only take you a few minutes!
I encourage you to visit the wesite by clicking here and spread the word to your family and friends!
Are you thinking about making Gladwin County, Michigan your new home? Gladwin County is home to both Wixom Lake and Secord Lake! Are you thinking about taking advantage of the great interest rates and affordable prices to buy your own slice of Northern Michigan Heaven? Contact me today and lets gets started! I know the area very well and I know the market even better!You can call me at 989-429-2600, email me at sonya@sonyaloose.com or visit my website at www.BuyorSellWithSonya.com .
Fire arm deer season opened in Gladwin, Michigan and all of Michigan on November 15, 2009. Here in northern Michigan it seems to be a holiday. If the opening day falls on a school day the schools will closed. This is due in part to low attendance and safety issues. It is not safe for our kids to be waiting outside for the school bus when there are hunters all over our woods with rifles!
My husband is an avid outdoorsemen and deer hunter. My 11 year old son is in training to be quite the hunter as well. So while my house is consumed with all things white tail it got me to thinking about the parallels between deer hunting and house hunting.
When November rolls around each hunter will go through several steps in order to culminate their successful hunt with a prized buck. A buck they may have mounted and hang on their walls for years to come. They may tell the tale of the hunt many times over to anyone who'll listen.
In the spirit of the season let's compare the steps a successful deer hunter takes to the steps a successful house hunter should take.
Prepare - The deer hunter will pull out their gear and make sure it is all working properly, that the rifle is sighted in and the clothing will be warm enough. The house hunter should pull out tax returns and pay stubs and gather expense info so they can meet with a lender to obtain a pre-qualification. The pre-qualification will determine how much house the hunter can afford and what types of housing they can hunt for.
Scout - The deer hunter will head to the woods looking for evidence of deer activity such as deer runs, buck rubs, etc. The house hunter will head to the internet or talk to friends and family to begin their search for a qualified buyers agent experienced in the area they will be hunting for a home in.
Hunt - The deer hunter is now prepared and knows where the deer are. Now it is just a matter of getting up at the crack of dawn, enduring the frosty mornings and trek out to the woods to wait for it to show up. The hunt for homes. The buyers agent will "hunt" the MLS, foreclosure sites and any other potential sources using the hunters search criteria. If nothing is found right away they will wait and continue the search until the house meeting the buyers criteria becomes available.
Shoot to Kill - the deer hunter watches the prize buck walk into the clearing, takes aim with shaking arms, ignores the buck fever and fires...shooting the deer and taking the trophy buck! The house hunter is advised that there are several homes meeting their specific search criteria, they preview each and discover the one that meets the needs of their family and is in the perfect location. They write a purchase agreement with their buyers agent and voila the offer is accepted! Another successful house hunt and another happy family.
The deer hunt will build lasting memories and the house hunt will provide a place for memories to be made for years to come!
Obviously this blog did not outline all the steps necessary to become a successful deer hunter or house hunter and was basic in nature but the message is:
Deer hunting and house hunting both take fore thought, preparation and professional planning and guidance to be successful!
Are you thinking about making Gladwin County, Michigan your new home? Gladwin County is home to both Wixom Lake and Secord Lake! Are you thinking about taking advantage of the great interest rates and affordable prices to buy your own slice of Northern Michigan Heaven? Contact me today and lets gets started! I know the area very well and I know the market even better!You can call me at 989-429-2600, email me at sonya@sonyaloose.com or visit my website at www.BuyorSellWithSonya.com .
Thanks to Ambassador Girl Scout, Melissa Goodwin there is a new picnic area in Gladwin County! Melissa created a picnic area at the Gladwin County ORV Trail Headat M61 and Center Fireline Road as part of her gold award. The gold award is the highest award in girl scouting!
Goodwin built two DNR approved handicapped accessible picnic tables, three bird houses and three trail map signs.
Goodwin raised all the money for this project on her own and there were no funds available for this type of project.
You can read the entire article on this project in the Gladwin County Record'sNovember 11, 2009 issue.
Way to go Melissa I am sure your picnic area will be used and enjoyed by the counties many ORV riders.
Gladwin County Michigan has many ORV trails that connect to adjoining counties for miles and miles of trail riding. Gladwin Countyrecently passed an ordinance allowing ORV's to be ridden along the road edges of many county roads. For a copy of the ORV Map that shows the open and closed roads please email me or click here to visit the Gladwin, Michigan city website.
Happy Trails!
Are you thinking about making Gladwin County, Michigan your new home? Gladwin County is home to both Wixom Lake and Secord Lake! Are you thinking about taking advantage of the great interest rates and affordable prices to buy your own slice of Northern Michigan Heaven? Contact me today and lets gets started! I know the area very well and I know the market even better!You can call me at 989-429-2600, email me at sonya@sonyaloose.com or visit my website at www.BuyorSellWithSonya.com .
This post is an update to a series I publish on available foreclosure listings in the Gladwin, Michigan area. I will include available foreclosure listings in Clare, Michigan, Harrison, Michigan Beaverton, Michigan and the surrounding areas as well.
I will start with a summary of important information to know and consider before beginning the process of searching for bank owned and HUD properties.
Definition of foreclosure according to wikipedia is:
The foreclosure process as applied to residential mortgage loans is a bank or other securedcreditor selling or repossessing a parcel of real property (immovable property) after the owner has failed to comply with an agreement between the lender and borrower called a "mortgage" or "deed of trust". Commonly, the violation of the mortgage is a default in payment of a promissory note, secured by a lien on the property. When the process is complete, the lender can sell the property and keep the proceeds to pay off its mortgage and any legal costs, and it is typically said that "the lender has foreclosed its mortgage or lien". If the promissory note was made with a recourse clause then if the sale does not bring enough to pay the existing balance of principal and fees the mortgagee can file a claim for a deficiency judgement.
You may hear a Foreclosure sale called an REO or Repo...these are all synonyms for a house that has been foreclosed upon and is now bank owned.
Definition of HUD property
When someone with an FHA Insured mortgage defaults on the loan, the lender forecloses on the home; FHA pays the lender what is owed; and then HUD takes ownership of the home. In Michigan and other states HUD turns over the property to Michaelson, Connor and Boul Inc. (MCB) a Marketing and Management contractor for HUD. MCB maintains and sells these properties in accordance with HUD guidelines.
A great resource for answers to frequently asked questions about searching for, viewing, and the buying process of HUD homes is available at the FAQ page on mcbreo.com. Click here to view it!
1. The first step in buying any foreclosure or HUD home is to determine if you have the cash available or if you can qualify for some type of financing. When submitting an offer to purchase a foreclosed property most banks or government agencies will not even consider your offer unless it is accompanied by a letter of pre-approval from a lender or a proof of funds letter showing the availability of your cash. This step cannot be skipped and I cannot stress the importance of getting this in order before searching for available homes.
2. Find a local real estate agent familiar with the area you are looking in. Real estate is local and an out of town agent may not be fully aware of the intricacies of selling real estate in that specific area or know about certain things happening locally that may affect your decision to purchase in that area or buy that specific home. I am an Accredited Buyers Agent fully qualified to represent buyers in the Gladwin, Michigan area and the surrounding communities of Beaverton, Harrison, Clare and Hope. I have extensive knowledge of the local real estate market and am very experienced in the sale of foreclosure properties. 60% of my business so far this year has come from the sale of foreclosed properties or HUD homes.
3. Buying a Foreclosure or HUD property is not like buying from an individual. Almost all foreclosures or HUD properties are sold as-is, where-is, meaning that you will be buying the property in its present condition and no repairs will be made by the owner. Typically the house is priced according to its fair market value taking into account its condition. This does not mean that you should not do an inspection! As a matter of fact that is one of the most important steps...this will ensure you are fully aware of the condition of the home you are going to purchase and determine if you want to or can repair the home.
There will be additional paperwork involved in making an offer to purchase a bank owned/foreclosure property. Banks typically have an addendum to the purchase agreement, as-is statement and other documents that must be reviewed and signed and either sent along with the offer to purchase or signed after acceptance of your offer. The complexity and length of these documents is another reason why it is so important to choose an agent familiar with selling foreclosure properties. Your agent will guide you through the process answering your questions along the way.
Banks work on their time line not yours and do only what is in their best interest. For the bank selling the property it is all about the bottom line. They will decide if your offer makes financial sense based on the local market, the value of the property and your method of payment. They will respond when they can (and do try to do so in a timely manner) but they do not have to respond at all if they do not like the offer. Banks can review multiple offers to purchase a property at one time and in this case usually require the highest and best offer from all parties who are interested in purchasing.
Remember foreclosures are vacant and immediate occupancy is given which can speed up the process of moving in!
Below is the list of foreclosure properties for sale in the Clare/Gladwin Board of Realtors MLS and a link to the HUD properties in the Gladwin, Beaverton, Clare & Harrison areas. I strongly advise that you contact me to check the properties availability as foreclosure and HUD properties are priced to sell in 90 days or less. The Gladwin, Michigan market has an average of 7.5 months to sell a property so when a bank decides on a list price to sell the property in 90 days or less they are priced well below market value and tend to sell quickly.
No HUD properties currently available in Gladwin, Michigan.
HUD properties currently available in Beaverton, Michigan.
No HUD properties currently available in Clare, Michigan.
No HUD properties currently available in Hope, Michigan.
I have identified 0 new foreclosure properties in the MLS since the las tpost. In this post I have included only foreclosure properties new to the market since the last post.
My job as your Realtor is to guide you through the process of buying a foreclosure or HUD property and to answer your questions with my experience, patience and understanding. Buying a foreclosure or HUD property is a big deal, exciting and could be a great way to invest or buy your first home! Keep in mind any first time buyer who qualifies gets to take advantage of the up to $8,000 tax credit. It doesn't matter if you are a buying a foreclosure or HUD property!! There is also an up to $6,500 tax credit for repeat home buyers who qualify!
To continue receiving this update consider subscribing to my blog!!
I do offer a service to my clients that automatically emails you new listings that come on the market meeting your specific criteria. This eliminates the need for you to spend endless hours online sifting thru the current inventory. It also notifies you the day it comes on the market so you don't miss a great opportunity! Send an email or contact me by phone or text and tell me what you are looking for! I will set up the notification for you.
Sonya Loose, an Associate Broker with Red Carpet Keim Real Estate in Gladwin, Michigan specializes in residential real estate with expertise in foreclosure properties and identifying investment opportunities. To contact Sonya you can email to sonya@sonyaloose.com, visit my website at www.buyorsellwithsonya.com or call me directly at 989-429-2600.
Are you thinking about making Gladwin County, Michigan your new home? Gladwin County is home to both Wixom Lake and Secord Lake! Are you thinking about taking advantage of the great interest rates and affordable prices to buy your own slice of Northern Michigan Heaven? Contact me today and lets gets started! I know the area very well and I know the market even better!You can call me at 989-429-2600, email me at sonya@sonyaloose.com or visit my website at www.BuyorSellWithSonya.com .
Gladwin County is located in rural Northern Michigan and is conveniently located within 3 hours of Detroitand 2-2.5 hours from Flint and Lansing making it easy to come "Up North" for the weekend. But, we encourage you to stay longer, and after you visit this area you will want to spend much more time here! An area that is popular for its scenic lakes (including Wixom Lake & Secord Lake), plentiful state land, quaint parks, Amish communities and down town shopping. Gladwin County is primarily a second home/resort community. We have real estate to accommodate every buyer from very affordable cabins to luxurious homes. As a life long resident of Gladwin County I know the area well and I know the market even better!
The Real Estate market in this area, along with most areas of Michigan, remains challenging but appears to be improving! Recently we saw home values declining, but that appears to have stabilized. There does remain to be a stagnant economy and a lack of qualified buyers since loan approval criteria has become more restrictive. However, if you are looking to buy your first home, or your vacation home it is a fabulous time to buy! Interest rates are phenomenal for qualified buyers, there is a lot of inventory to choose from and homes are more affordable then they have been in years! For home buyers who haven't owned a home in the last 3 years there is even an up to $8,000 tax credit to take advantage of before November 30th.
Here is the latest real estate market update for Gladwin and Clare County, Michigan which include the surrounding areas of Beaverton, Gladwin, Harrison, Clare, Rhodes, Bentley, Wixom Lake and Secord Lake.
The Clare/Gladwin Board of Realtors currently has 1,029 homes for sale through the Multiple Listing Service (MLS) and 73 of those were new to the market in October 2009 reflecting our busy selling season winding down. The average asking price of the homes currently on the market is $125,109 and the average days on market for those homes has been 327 days. These stats are virtually unchanged from May, June, July and August figures which helps to clarify my theory of the stabilizing market in Gladwin, Michigan.
During the month of October we saw 43 Clare and Gladwin County homes sell/close. This is approx 20 less sales than September signifying the end of the selling season for 2009. The average asking price was $90323. The average sales price was $77,496 and the average days on market for these homes was 269 days.The sellers received an average of 86% of their asking price.
86 homes expire from the market in October. The main reason homes don't sell during their listing period is they were priced incorrectly for the market and/or condition of the home. In challenging buyers market periods it is imperative that a listing be priced as competitively as possible for its condition in order to have a chance of selling. To learn more about why homes typically expire and what you can do to avoid that fate click here.
$149,095
219 Lakeview, Beaverton, MI 48612
Extra large brick home in city of Beaverton! 3 BR, 2 Bath 1,800 sq ft home is spacious and offers a large kitchen with island, dining room, family and living room with fireplace. Attached 2 car garage and 4+ car detached pole barn with 12' side walls. View of Ross Lake across the street. Home has been well maintained, has built in shelving, drawers and entertainment center. Recent updates complete the package. Move in today!
If you're thinking about selling your home, one very important fact to know about your real estate market is the Absorption Rate. The Absorption Rate will tell you how long it will take for the current inventory of homes in Gladwin and Clare, MI to be absorbed by the market if no other homes come on the market. The absorption rate for October 2009 is 1.99 YEARS! Thisnumber has increased by 6 months from last month proving that the strong buyers market is definitely easing but a stable market still does not exist in Gladwin/Clare County.If you want your Gladwin area home sold, you need to know this number to help you price your home accordingly.
Are you thinking about making Gladwin or Clare County, Michigan your new home? Are you thinking about taking advantage of the great interest rates and affordable prices to buy your own slice of Northern Michigan Heaven? Contact me today and lets gets started! I know the area very well and I know the market even better!You can call me at 989-429-2600, email me at sonya@sonyaloose.com or visit my website at www.BuyorSellWithSonya.com .
Are you thinking about making Gladwin or Clare County, Michigan your new home? Are you thinking about taking advantage of the great interest rates and affordable prices to buy your own slice of Northern Michigan Heaven? Contact me today and lets gets started! I know the area very well and I know the market even better!You can call me at 989-429-2600, email me at sonya@sonyaloose.com or visit my website at www.BuyorSellWithSonya.com .
Are you thinking about making Gladwin or Clare County, Michigan your new home? Are you thinking about taking advantage of the great interest rates and affordable prices to buy your own slice of Northern Michigan Heaven? Contact me today and lets gets started! I know the area very well and I know the market even better!You can call me at 989-429-2600, email me at sonya@sonyaloose.com or visit my website at www.BuyorSellWithSonya.com .
Are you thinking about making Gladwin County, Michigan your new home? Gladwin County is home to both Wixom Lake and Secord Lake! Are you thinking about taking advantage of the great interest rates and affordable prices to buy your own slice of Northern Michigan Heaven? Contact me today and lets gets started! I know the area very well and I know the market even better!You can call me at 989-429-2600, email me at sonya@sonyaloose.com or visit my website at www.BuyorSellWithSonya.com .
Are you thinking about making Gladwin County, Michigan your new home? Gladwin County is home to both Wixom Lake and Secord Lake! Are you thinking about taking advantage of the great interest rates and affordable prices to buy your own slice of Northern Michigan Heaven? Contact me today and lets gets started! I know the area very well and I know the market even better!You can call me at 989-429-2600, email me at sonya@sonyaloose.com or visit my website at www.BuyorSellWithSonya.com .
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.