lake orion mi real estate: Getting Your Lake Orion MI Home Ready For Sale - 09/22/13 08:22 AM
Getting Your Lake Orion MI Home Ready for Sale
We are not currently in a market where it is worth gutting your kitchen or baths before selling your Lake Orion MI house. Those things will make your house easier to sell, but dropping the price by the amount of the cost of a new kitchen or baths would do the same thing and your house will have an easier time appraising. But that doesn’t mean there’s nothing you can do to better show off your house without spending a fortune.
Unless you live a fairly Spartan lifestyle at home you probably need to de-clutter your house. Rent … (0 comments)

lake orion mi real estate: The Preserve, Lake Orion MI- Home Prices UP Again! - 02/08/12 09:15 AM
The Preserve, Lake Orion MI- Home Prices UP Again!
Good news for homeowner in The Preserve in southern Lake Orion MI. Median sales prices were up 3 1/2% from last year and up 7.3% from 2009!
List price to sale price percentage ranged from .4% of asking price to 7.8% of asking price and one house sold for 3% over the list price. There was only 1 foreclosure listing and no short sales. Sale prices ranged from $212,000-$274,000.
The good news for buyers:
Compared to many areas there were relatively few distressed sales even in the worst of times Prices never … (0 comments)

lake orion mi real estate: Rolling Meadows, Lake Orion MI Market Conditions- Good News If You're Selling - 01/24/12 02:00 PM
Rolling Meadows, Lake Orion MI Market Conditions- Good News If You're Selling
Great news for homeowners in Rolling Meadows in Lake Orion Michigan. The median sales price is up for the 2nd year in a row! We're still a long ways from the peak times, but better than 2009 or 2010.
Median Sales Price:
2011- 13 units at $228,0002010- 14 units at $213,5002009- 16 units at $210,000
There were no bank owned sales in 2011 and only 2 short sales.
The lowest sales price was higher each year than the previous year as well as the top end price was higher … (0 comments)

lake orion mi real estate: Writing an Offer on a Lake Orion Michigan Home - 01/10/12 12:45 PM
Writing an Offer on a Lake Orion Michigan Home
Unless you're a cash buyer, our standard purchase agreement contains a financing contingency. Even if you are pre-qualified you need this contingency to protect yourself. If your financial situation changes after writing the offer (such as job loss) you need the protectionof the financing contingency. It also protects you if the house has problems with mortgaging, such as appraising too low, clouded title, etc. When it comes to rural properties, the property can present many issues when it comes to obtaining the mortgage. I won't get into those specifics here, but the … (4 comments)

lake orion mi real estate: Am I Overpaying? Is the listing overpriced? What is the house worth? - 01/07/12 03:38 PM
Am I Overpaying? Is the listing overpriced? What is the house worth?
All questions, or variations of questions, most buyers ask when buying a house in Lake Orion, MI. They are valid questions with not easy or pat answer. The value of the home depends on your point of view.
Webster defines "value" as "a fair return or equivalent in goods, services, or money for something exchanged" or "the monetary worth of something."
Out of everything that is currently on the market: Is it the best house for you, with an asking price you would be comfortable paying? If you were … (3 comments)

lake orion mi real estate: Lake Orion, MI sales update through the first quarter of 2008 - 04/06/08 03:50 PM
This is an excellent time to buy in Lake Orion, MI and Orion Township. The hugely large and fast appreciation of the 90's had to come to an end sometime. Prices have dropped over the past few years, but like the good times, this deflation in prices will be coming to an end, too. Since real estate is cyclical (feel a bit like the 80's except without the double digit interest rates?) the escalation of home prices will start to rise again. Making today's home purchase a great investment if you're willing to stay put until the good times come back.
Real … (0 comments)

lake orion mi real estate: Lake Orion, MI home for sale - 41 Burniah, Lake Orion Michigan Condo- Golf Course Community - 03/30/08 01:07 PM
41 Burniah, Lake Orion MI condo for sale in desirable golf course community - $300,000 - VIRTUAL TOUR 
Better than new former model! Upgrades galore! Hardwood floors, crown molding, pillars accenting the dining room and the dramatic 2 story great room with a wall of windows overlooking the peaceful tranquility of a private lake. Elegant formal dining room, gourmet kitchen with generous cupboard and counter space. Stupendous lake views from the private master suite as well as from the great room, dining room and kitchen.
 
 Gleaming hardwood floors. The dining room entrance is marked by 2 architecturally detailed pillars as is the entrance to … (0 comments)

lake orion mi real estate: Lake Orion, MI Lakefront Home for Sale - 434 Indianwood Rd, Lake Orion Michigan - 02/24/08 04:08 PM
434 Indianwood Rd, Lake Orion Michigan Lake front home on Private Manitou Lake $420,000 
Your chance to live on desirable, private Manitou Lake in Lake Orion MI has just arrived. Stupendous views of 300 acre lake, beautiful natural setting. Private, quiet and secluded. It also comes with a spectacular custom contemporary, beautifully maintained and updated throughout. Stunning master suite with 2 closets (one is a large walk-in), private bath, and stone fireplace. 1000 sq. ft. of oak flooring installed in mid 2003 in the great room, dining room, study and master suite with complimenting solid oak trim. 22 ft. vaulted ceiling in the great room, … (5 comments)

lake orion mi real estate: Market Conditions for Lake Orion/Orion Township Michigan - A Great Time to Buy! - 11/25/07 02:35 PM
We're nearing the end of 2007 and it's still a strong buyer's market in Lake Orion/Orion Township in southeast Michigan. So if you are thinking about purchasing your first home, or upgrading from your current home, you really couldn't have picked a better time. Real estate has always been a great investment and always will be. Up until a few years ago houses were selling like gang busters and prices were escalating so fast it was almost unreal. Buyers would see what the seller had paid years earlier and the statement, "I wish I had bought back then" was not uncommon … (4 comments)