keller williams realty ann arbor: Michigan Short Sales - Important Update: Offers Denied During Redemption Period
- 04/03/12 12:40 AM
Freddie Mac has new servicing rules that should not start until June 1, 2012. Why are they being implemented now? Referencing Bulletin - Freddie Mac Bulletin-1207. So what is really going on? Here, in short, are the answers. Another Mortgage Industry Issue. The National Association of REALTORS (NAR) is getting involved once again along with the Michigan Association of REALTORS (MAR) to get a clear understanding on the new policy brought forth by Freddie Mac. A policy that should not get underway until June 1, 2012. At this point NAR is trying to get their arms around the immediate decision of lenders … (0 comments)
keller williams realty ann arbor: Is your site mobile perfect? Howtogomo.com
- 04/03/12 12:25 AM
Go to http://www.howtogomo.com/en/d/ Answer a few questions and then learn what you can do to make sure you are ready for mobile leads. We just went live with www.HomeSearchAnnArbor.com and need one more tweak to make it perfect. How about you? According to the ATT annual report, mobile is a revolution and they expect more than 8x data traffic from today's levels, after increasing 20,000 percent in the last 5 years. Are you ready? The consumers are there now. I hope this tool helps you assess your site.
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keller williams realty ann arbor: Home Buying Costs in Ann Arbor Real Estate
- 01/20/10 12:29 AM
12 Extra Costs to be Aware of Before Buying an Ann Arbor Area Home “The last thing you need are unbudgeted financial obligations cropping up hours before you take possession of your new home,” Diane Ratkovich, BUYER REPRESENTATIVE. Whether you’re looking to buy your first home, or trading up to a larger one, there are many costs – on top of the purchase price – that you must figure into your calculation of affordability. These extra fees, such as taxes and other additional costs, could surprise you with an unwanted financial nightmare on closing day if you’re not informed and … (2 comments)
keller williams realty ann arbor: What home prices are selling in Dexter, Michigan real estate?
- 08/05/09 03:25 PM
The Dexter Real Estate Market still shows an abundance of inventory. These charts show the difference between the number of homes listed in a price range and the number of sales in that price range. For all price brackets, there are more listings than sales in June. For July, the $600-650K had more sales, and the $1milion - $2million had equal listings and sales. That can happen because the house was under contract from a previous listing. See the charts for Dexter Real Estate June and July 2009 Price Distribution.
Both charts indicate that the segment of the market … (0 comments)
keller williams realty ann arbor: Ann Arbor Real Estate Custom Log House, 1221 Lancelot Court, Pinckney Schools
- 06/29/09 11:20 AM
1221 Lancelot Court, Pinckney Schools Bedrooms: 3Bathrooms: 3.2Square Feet: 5227 CUSTOM BUILT ANN ARBOR REAL ESTATE LOG HOME WITH PORTAGE LAKE FRONTAGE WITH ACCESS TO HONEY CREEK. UNIMAGINED PRIVACY IN A SUB, AMAZING VIEWS FROM 2ND STORY BALCONY, DELUXE GOURMET GRANITE KITCHEN 2 WOOD FIREPLACES ONE GAS PREPPED. MASTER SUITE HAS GAS FIREPLACE. PLUS STANDUP SHOWER 2 PERSON JACUZZI DOUBLE SINKS RADIANT HEATED FLOORS. EFFICIENT GEOTHERMAL HEAT. SUPERB CRAFTMANSHIP AND DETAILING THROUGHOUT Related LinksSee Extra Photos and a Virtual Tour for 1221 Lancelot Court, Pinckney SchoolsVisit our website for an in-depth property detail pageLooking for more Listings in Ann Arbor, Michigan?Please … (0 comments)
keller williams realty ann arbor: Real Estate Mortgage Defaults, the IRS, and Real Estate Short Sales
- 03/30/09 12:03 PM
The bank holding your mortgage is required to file with the IRS Form 1099–C, Cancellation of Debt (COD), reporting the amount of COD to be included on the individual’s tax return. The COD amount may include unpaid principal, accrued interest, penalties, and attorney fees. If you are insolvent under state law when you default, the amount of COD is not considered income. If you are working on a SHORT SALE, negotiate with the lender to waive the filing altogether. I am not a CPA, so please check with your advisors.
In the Ann Arbor Real Estate Market, many great people … (0 comments)
Freddie Mac has new servicing rules that should not start until June 1, 2012. Why are they being implemented now? Referencing Bulletin - Freddie Mac Bulletin-1207. So what is really going on? Here, in short, are the answers.
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