real estate agent: Local Homes For Sale This Week, February 26th 2015
- 02/25/15 12:46 AM
Local Homes For Sale This Week, February 26th 2015 ... Open House Sunday, March 1st at 3037 W. Newark Rd. at Noon ... Donald Horne, Team Success ListingAssociate Broker for Coldwell Banker Shooltz RealtyOxford Office 248-969-8065Lapeer Office 810-338-0628donaldhorne.realtor@gmail.com
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real estate agent: What Is Steering In Real Estate?
- 02/05/15 11:14 AM
This weeks question, "What is Steering in Real Estate"? Steering refers to the practice and includes any words or actions, by a real estate representative or broker, that guides a prospective home buyer towards or away from certain neighborhoods. Steering violates federal fair housing provisions in the sale or rental of housing. If you have any questions or concerns about this subject or any other real estate / mortgage topics, please contact us at the numbers listed below.
Donald Horne, Team Success ListingAssociate Broker for Coldwell Banker Shooltz Realtydonaldhorne.realtor@gmail.com810-338-0628 … (1 comments)
real estate agent: What is a Homestead Exemption?
- 01/27/15 03:11 AM
What is a homestead exemption in Michigan? In Michigan, a homestead is the one primary residence of a person and no other exemption can be claimed. Homestead is not automatic, homeowners must file a claim for homestead exemption with the state. So what really does a homestead exemption mean to you? A portion of a home's value is exempt from property taxes. Example: a home is assessed at $200,000 and the exemption is 50%, then that would only allow $100,000 to be used as the assessed value for property tax purposes. This will bring down the tax burden placed on the individual. For more information … (0 comments)
real estate agent: What Is a Earnest Money Deposit?
- 01/02/15 10:28 AM
This weeks most asked question, "What is a earnest money deposit"? Also referred to as EMD ... Most offers are accompanied with this type of check, the reason for the deposit is to let the seller know that the buyer intends to purchase the property. When the buyer and seller agree to terms the EMD is placed into a escrow account with either the listing office, buyer office or the title company. At closing the funds are applied to down payment and closing costs. If the transaction does not close, both parties should negotiate a fair solution to the return of the EMD amount. If … (0 comments)
real estate agent: Foreclosure Auction Is Risky Business
- 01/11/12 12:44 AM
You can buy a home at a significant discount at a foreclosure auction, but you'll face a host of challenges. Don't get burned...This article from Houselogic lists the 6 common foreclosure auction challenges. 1. Getting reliable information about foreclosure sales, may not be current or sell you systems. 2. You can't get inside the property before the auction to inspect it for structural problems and repairs. 3. You need to figure out the market value of the house to prepare your bid. 4. You don't know if there are liens on the home, some auctions don't give you clean title to … (0 comments)
real estate agent: FSBO - The Do's And Don'ts
- 02/07/11 12:19 AM
FSBO, the do's and don'ts "For Sale By Owners", also known as FSBO's, have become more a common sight with the use of the internet. It's the do-it-yourself-er wanting to cut out the professional from the transaction. As a licensed Realtor, I understand the industry enough to be aware of the many pitfalls of this type of transaction. Most buyers (90.7% according to national statistics) will not consider purchasing a FSBO marketed property due to the legal implications involved. Many FSBO sellers have no idea what is required of them. Buyers may not know for sure if the disclosures are in … (2 comments)
real estate agent: Agents Can Help Both Buyers And Sellers
- 01/31/11 12:15 AM
Individuals can expect a real estate agent to help them navigate a process that can prove intimidating. Buying a Home1. Schedule a consultation to discuss what features and amenities you are looking for in a home.2. The agent may suggest you speak with a mortgage consultant to figure out your buying power and obtain a mortgage pre-approval letter.3. The agent will then look up home listings in a particular price range and help you to view the homes.4. When you find a home you want to purchase, the real estate agent will help you come up with a fair market price and … (0 comments)
real estate agent: Finding A Realtor
- 12/26/10 12:19 AM
This is an excerpt from the new book,"Finding New Neighbors" Finding the right Realtor is a very personal matter. You'll need one that is going to work to find you your next home. This person has to have an ear to listen to your needs, patience to show you enough homes for you to make an educated decision of what's on the market, time to dedicate to your "plan to purchase" and the knowledge of the real estate industry to make it all come together in a timely manner. Locating the right Realtor is as important as locating the right home. … (5 comments)
real estate agent: The Real Estate Office, Chapter 6
- 12/13/10 11:52 PM
The real estate office starts with the head broker within the office, overseeing all of the transactions conducted by the agents in the office. This guarantees the buyer that their best interests are being met. Checks and balances during the process with set guidelines made by governing laws within the industry hold the broker and agent accountable for their activity. Part of the brokers job is to find licensed agents to work inside their office that reflect the brokers ideals and standards so that they, as an office can be productive, professional and cost effective. Each and every contract to purchase … (0 comments)
Local Homes For Sale This Week, February 26th 2015 ... Open House Sunday, March 1st at 3037 W. Newark Rd. at Noon ... Donald Horne, Team Success ListingAssociate Broker for Coldwell Banker Shooltz RealtyOxford Office 248-969-8065Lapeer Office 810-338-0628donaldhorne.realtor@gmail.com 
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