Birmingham
Real Estate Listings
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Birmingham
Real Estate News and Questions
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Going From Mark-To-Market to Mark-To-Make Believe!
By Robert Pliska
Have we gone from "mark-to-market" to "mark-to-make believe"? The FDIC just released its policy statement - Prudent Commercial Real Estate Loan Workouts. The FDIC's purpose is provide transparency and consistency to commercial real estate workout transactions and not curtail the availability of
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Great news for all of you Buyers & Sellers!!! The Home Buyer Tax Credit is out and looks great.
Buyers:
Starts December 1st 2009 to April 30th 2010
$8000 for 1st time home buyers
$6500 for current homeowners
Current homeowners "Must have used the home sold or being sold as a
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Be Positive and Opportunistic!
In commercial and residential real estate like other areas of business, there are many reasons to be negative. Yet, there are ways which we can be positive and opportunistic! This short short 2 minute video may be of assistance to brighten your day! Have a little faith!
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Wonderful Birmingham Cape Cod had offer two weeks after listing.
This Birmingham home was staged by Virginia Tatseos and Stage-Show-Sell
Birmingham Cape Cod
328 George, Birmingham, MI 48009 View Map
This Traditionally Styled Cape Cod Home Has Been Updated Beyond Belief. The Kitchen Is State-Of-The-Art With Dark Cabinetry, Granite Counters,
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Location is Priceless on one of the Nicest Streets in Birmingham!
3 Bedrooms
3 Full Baths
1 Half Bath
1,888 Square Feet
Built in 2001
Birmingham School District
Purchased 7 years ago for $589,500
True walking distance to Downntown
Barely lived in
Cherry wood floors throughout entire home
Cherry cabinets
Granite
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Here is a great site to evaluate if you are a good candidate for a Short Sale. You will find great content like:
Foreclosures solutions
Short Sale explanation
FAQ's about Short Sales
Under resources you will find 3 reports
Options and Solutions
Foreclosure Vs. Short Sale
7 Short Sale Myths
Plus
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Birmingham Michigan MarketAnalysis For September 2009
Birmingham Market Analysis compares only median sold price of residential homes sold inSeptember 09 with August 09 & September 08; year ending September 08 with year ending September 09. It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in
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The Counselors of Real Estate - A Capstone of Professional Achievement
By: Robert Pliska
The Counselors of Real Estate is an exclusive membership organization whose CRE designation is a capstone of professional achievement. Only 1,100 real estate advisors worldwide are entitled to display the CRE designation after their names. Membership is
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Market Analysis For Birmingham MI August 2009
Compares only median sold price of residential homes sold inAugust 09 with July 09 & August 08; year ending August 08 with yr ending August 09. It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data, minimum
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Birmingham Michigan is a great place to live and a prime location is the neighborhood surrounding Booth Park. It is a four-acre park located as a gateway to the center of town coming from the north. The entrance to Booth Park is on Harmon Street near the corner of Old
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After doing short sales for about a year now I find it alot hard to be on the buyers side as opposed to the sellers side because you have more control and a buyer can simply withdraw his offer. Coming down to the wire of the tax credit many of my
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My realtor is real happy with Stage-Show-Sell...Example #2 Birmingham
This home has been on the market, priced was to high, for 18 months. The realtor that chooses to work with me :-) had the seller stage the home with, of course, Stage-Show-Sell and priced the home where it needed to be.
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Successfully navigating the down market can be achieved by a good business model. Commercial and investment real estate is still a business. Review the six pillars of a good business model and how it relates to helping navigate the current down market.This short one minute video explains and may be helpful-
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Just closed on a great home right in Down Town Birmingham!! Yes it was a Foreclosure and yes it took for ever to close, but well worth it. After texting my buyer about the home moments after it went back on the market. We walked through the door and knew it
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Often Realtors, Clients or Friends ask me what is the key to Short Sale success. As you can guess from the Churchill quote above, "ACTION" is the key to success. This quote also covers why Short Sales fail "INACTION". Below I have listed examples of Action and Inaction: so you know
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There are opportunities in distressed properties.Review of this article may be of assistance to you.http://www.cre-advice.com/blog/foreclosure-fortunes/ Feel free to call Robert Pliska for opportunities in the local or national area.
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I have recently expanded my team to an additional processor to call on the banks. She asked me if I could include a list of pertinent questions to ask the Short Sale or Loss Mitigation Departments. So here they are in no specific order of importance.
1. Where do we fax
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Right Sizing Your Single Tenant NNN Opportunities!
Robert Pliska, CRE, CPA
Birmingham, Michigan
It has beenreported in several recent news stories and data services that single tenant net lease opportunities are still being completed in today’s market – especially those in the lower dollar size range. New York City based-Real Capital
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My office is located where Old Woodward and New Woodward meet in Birmingham Michigan and I have had a birds-eye view of the parade of vintage cars all week. I did a little preview video in anticipation of the 15th Annual Woodward Dream Cruise and wasn’t about to miss the
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Birmingham Michigan Market Analysis Homes Sold July 2009
Compares only median sold price of residential homes sold inJuly 09 with June 09 & July 08; year ending July 08 with yr ending July 09. It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data,
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MetroDetroitandthe world's largest one-day automotive event runs from 9 a.m. to 9 p.m. alongWoodwardAvenue through nine host communities. This Saturday (August 15) is the Fifteenth Year for this Annual Event that takes place the third Saturday of August. It runs through nine host communities from Ferndale to Pontiac . .
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Great Rewards in Balancing Sale-Leaseback Issues!
Robert J. Pliska, CRE, CPA
Birmingham, Michigan
Recent news articles have indicated that sale-leasebacks will pick up as time goes on in today's current economic environment. There is still significant corporate interest in sale-leasebacks as a capital generation and balance sheet management tool. While
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As some of you Short Sale Realtors have found, many banks are not as open minded to releasing deficiencies (difference between what is owed and what the lender collects) as they were in the past. (Countrywide who is now BOA) Bank Of America recently established a zero tolerance towards
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Market Analysis For Homes Sold in Birmingham Michigan June 2009
Good News for Birmingham Michigan Month of June 09 - Values Increase
Compares only median sold price of residential homes sold inJune 09 with May 09 & June 08; year ending June 08 with yr ending June 09 & second
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Question: Looking to connect with real estate professionals that might be interested in helping launch local chapter of the National Association For Real Estate Professionals! We are an association that embraces and networks with all real estated related professions! Paid part time postition. www.NAFREP.com
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