detroit mi real estate: To Flip the house... or flip the contract..that is the question? - 01/08/08 07:51 AM
Excuse me a minute for a little rant about one of the common questions I get from investors. Should I flip the house myself or wholesale it to another investor?I think it depends. If the house needs very little work, such as just paint or carpet, it makes sense to call … (6 comments)
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detroit mi real estate: Detroit MI Real Estate Market Trends Report - 12/27/07 10:54 AM
Please read my latest blog post to learn about the latest real estate sales statistics for the Detroit MI area. The update includes market statistics for Wayne and Oakland Counties in November 2007.To get the latest information on Metro Detroit real estate, please call me at 248-348-1500 or visit TheMarkerTeam.com. To receive a complimentary home … (0 comments)
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detroit mi real estate: Playing the Real Estate Game in a Down Market - 12/13/07 09:34 AM
We all know the real estate market has slowed down considerably in metro Detroit. Wondering how you can cope if you need to buy or sell a home? Please check out my latest blog entry, "Playing The Real Estate Game in a Down Market" for some tips on how to survive in this unpredictable … (2 comments)
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detroit mi real estate: Detroit MI Real Estate Market Trends Report - 11/29/07 09:27 AM
Temporary problems in the mortgage market are expected to free some pent-up demand, but disrupted existing-home sales and distorted prices on sales closed in September, according to the National Association of Realtors®. Even so, prices continued to rise in some area. Because of this and other factors, total existing home … (0 comments)
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detroit mi real estate: Happy Thanksgiving, Detroit! - 11/21/07 09:09 AM
May your Thanksgiving be blessed with the bounty of the season and the love of family and friends!
We’ll be back next week with more of the latest Detroit MI real estate news and information! In the meantime, please feel free to contact me at 248-348-1500 or visit TheMarkerTeam.com. … (0 comments)
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detroit mi real estate: Home Fire Safety in Detroit MI - 11/08/07 12:50 PM
With the recent coverage of the devastating fires in California, home fire safety is a most timely topic. Although we may not be at great risk for wildfires here in Michigan, winter is peak season for home fires due to the use of various heating sources. An important part of responsible … (1 comments)
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detroit mi real estate: Detroit MI Market Trends Report - 10/25/07 09:33 AM
Conditions in the mortgage market are improving for consumers, which should help to release some pent-up demand in early 2008, according to the latest forecast by the National Association of Realtors®.
Lawrence Yun, NAR senior economist, notes that widening credit availability will help turn around home sales. “Conforming loans are … (2 comments)
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detroit mi real estate: Write Off Your Move to Detroit MI! - 10/11/07 02:04 PM
Did you know that if you are moving because of your job, most moving expenses are tax deductible? This is why it is so important to keep detailed records of all moving expenses, including house-hunting trips. If you are moving 35 miles or more from your current home, you can deduct … (3 comments)
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detroit mi real estate: How to Avoid Foreclosure in Detroit MI - 10/04/07 09:44 AM
Thanks to increasingly tightening credit standards and rising interest rates, there has been a lot of buzz about the startling increase in foreclosure rates across America.Many homeowners think it can or will not happen to them, but what would you do if you were actually faced with the prospect of foreclosure? … (0 comments)
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detroit mi real estate: Detroit MI Market Trends Report - 09/27/07 02:10 PM
According to the latest forecast by the National Association of Realtors®, tightening credit standards for those applying for home mortgages will likely dampen home sales in the short term and postpone an expected recovery for existing-home sales until 2008.
Lawrence Yun, senior NAR economist, said unusual disruptions in the … (1 comments)
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detroit mi real estate: Items Needed For A Loan Application in Detroit MI - 09/13/07 02:58 PM
Thanks to today's tightening credit standards, you may need more paperwork than ever when applying for a new home loan. Below is a comprehensive list of items you may be required to bring along when you visit your lender to begin the loan application process: (please note, all lenders are different … (0 comments)
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detroit mi real estate: Detroit MI Soil Analysis - 09/06/07 01:59 PM
Have you ever really thought about the dirt that your home is sitting on? It may seem like just an afterthought when you're out mowing the lawn or playing in the yard with the kids, but the details of the soil on your property can tell you a great deal about … (0 comments)
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detroit mi real estate: Tips for Homeowners in Detroit MI - 08/30/07 02:22 PM
We have all seen the recent coverage of Hurricane Dean and all of the weather-related issues around the midwest. If you are not familiar with your homeowners insurance policy coverage, now is a great time for homeowners everywhere to review their policies. Homeowners should take a good look at their policies … (0 comments)
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detroit mi real estate: Detroit MI Real Estate Update - 08/23/07 09:57 AM
If you've turned on the news or read a newspaper lately, you have certainly seen all of the buzz around the national housing market crisis. Some news media is even referring to it as "Mortgage Meltdown 2007." In the wake of recent changes in interest rates and credit standards, Realty Trac … (2 comments)
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detroit mi real estate: What Does The Fire Station Have To Do With My MI Homeowners Insurance? - 07/07/07 03:49 PM
So what does the fire station ahve to do with my MI homeowners insurance?Most insurance companies will ask the proximity of your home to the nearest fire station or fire hydrant. The closer together they are the cheaper the insurance.The theory behind this is, if there were to be a fire, … (2 comments)
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detroit mi real estate: Detroit MI Real Estate Sales Statistics-May - 06/22/07 06:11 AM
"Home sales are projected to move in a relatively narrow range with a gradual upturn becoming more pronounced by the end of the year according to the latest forecast by the National Association of Realtors. Overall housing levels are historically strong, but sales remain sluggish compared to the recent boom." But … (2 comments)
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