bloomfield hills real estate: How to Stage Your Bloomfield Hills Home to Appeal to Young Families
- 08/04/15 07:10 AM
Young families often look for many different things in a Bloomfield Hills home than older couples with teenagers or those with an empty nest may look at. Many real estate agents will tell their clients to stage a home so that it appeals to those who are most likely going to be interested in buying it. For sellers who have a family home in a safe, kid-friendly community, staging a home to appeal to young families is a great idea and can be accomplished with a few easy steps.
Clean Up The Back And Front Yards
Young families may spend as much time … (1 comments)
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bloomfield hills real estate: Why Buying Raw Bloomfield Hills Land Can Be an Investment Strategy
- 06/02/15 04:53 AM
When many people think about investing in property, they think about purchasing income-producing Bloomfield Hills real estate such as a residential property or an office building with tenants. There are indeed many benefits associated with investing in income-producing property. For example, these properties may produce rent that can offset your ownership expenses. However, buying raw land can also be an excellent long-term investment strategy.
By learning more about the benefits of investing in raw land, you may be ready to start searching for real estate to invest in soon.
Minimal Ownership Expenses
Raw Bloomfield Hills land will not have as many ownership expenses as … (1 comments)
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bloomfield hills real estate: 3 Helpful Tips That Will Get You Started As A Real Estate Investor
- 05/04/15 11:34 AM
Bloomfield Hills real estate investing comes with many benefits that you may be eager to start taking advantage of. For example, the right rental property can provide you with monthly cash flow coupled with equity appreciation, tax deductions and more, and these can have incredible effects on your overall financial situation. As a first time real estate investor, you may be excited to start searching for a property to invest in, but you may consider following a few helpful tips to make your search more successful.
Determine Your Budget
There are investment properties that range in price considerably, and you will need to … (0 comments)
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bloomfield hills real estate: Homeowner's Insurance: What's Covered, and Why You Might Need It
- 03/01/15 12:52 AM
Homeowner's insurance is an incredibly valuable and beneficial policy for homeowners to have, but it is necessary to understand what traditional policies do and do not cover. Once you familiarize yourself with the intricacies of various plans you will be better educated to make the proper decision when selecting your desired level of coverage for your Bloomfield Hills real estate.
What's Covered In Homeowner's Insurance?
The majority of homeowner's insurance plans will cover dwelling and other structure protection, personal property protection, natural disaster protection, and bodily injury liability protection. Dwelling and other structure protection plans cover damage to your Bloomfield … (0 comments)
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bloomfield hills real estate: Six Questions to Ask when Hiring a Real Estate Agent to Sell Your Home
- 10/01/14 06:10 AM
The work of a Bloomfield Hills real estate agent can make or break how a prospective buyer feels about the property. Now that it's time to sell your home, you want to find the right agent to market it.
How do you find someone you can trust who will make you feel confident they can sell your home quickly for the best price possible? Here are the questions you should be asking.
Are They Licensed?
This one is the easy one. You should be working with a member of the National Association of Realtors®. It is also important that you check … (0 comments)
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bloomfield hills real estate: Why the Terms of a Home's Sale Are More Important Than the Price Paid
- 08/05/14 05:47 AM
One of the most significant factors Bloomfield Hills home buyers and sellers focus on when buying real estate is the negotiated sales price in the purchase contract. While the sales price is undeniably important, the fact is that other terms in the sales contract may have more far-reaching and significant effects on the transaction.
In fact, with a closer look at some of the most important terms, you will see why you and your agent should actively negotiate for improved terms rather than a lower sales price.
Closing Costs
Some buyers and sellers will haggle over a few thousand dollars in … (3 comments)
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bloomfield hills real estate: DIY Or Hire It Done, Renovating Real Estate Investment Properties
- 06/29/14 01:30 PM
Sometimes, when buying - or even thinking about buying Bloomfield Hills real estate for investment purposes, you're faced with the need to fix up the property.
The question then arises: Should I fix it up myself or hire it done? Unfortunately, no one can give you the right answer. However, there are a few questions that you can ask yourself to help decide the issue:
Do I Have The Time?
Time is an issue that many people forget about, but it should be one of the deciding factors. Some renovations, such as handles, hinges or kitchen hardware can take very little … (0 comments)
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bloomfield hills real estate: How To Attract High-End Buyers For Your Bloomfield Hills Home For Sale
- 06/29/14 01:23 PM
There's at least one good thing about the drop in the dollar and it's boosting the Bloomfield Hills real estate market. Many high-end Europeans are now looking toward the U.S. for a vacation home or permanent residence, and that could mean big hope for your home for sale. However, this also means a different way of selling.
Stage A Benefit
No open house for high-end buyers. Host an event instead - maybe even a benefit dinner for a worthy charity. Let people come and view the property, but give them an avenue to mix and mingle as well. In addition, they … (0 comments)
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bloomfield hills real estate: BUSTED 4 Myths About Buying Your Home That Just Aren't True
- 05/05/14 01:44 AM
It can be pretty intimidating to dip your toes into the realm of home ownership, especially if you're a first-time homebuyer. To make things worse, there are a number of myths floating around out there surrounding the home buying process.
Such misconceptions have many kept many would-be homeowners from realizing the personal and financial rewards of owning Bloomfield Hills real estate. To clear things up, here are 4 myths about buying your first home that simply aren't true.
Myth #1 - "It's Cheaper To Rent Instead Of Own"
If you buy a property that is within your budget and your mortgage terms … (0 comments)
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bloomfield hills real estate: The Unexpected In Buying Bloomfield Hills Real Estate
- 03/25/14 01:27 AM
When buying Bloomfield Hills real estate, you may find some unexpected problems. Generally, these issues revolve around plumbing, wiring or sticking doors and windows. Although they aren't as expensive to fix as other issues, there's always a possibility that they indicate bigger problems.
Sticking Doors/Windows
Spotting wear and tear on doors and windows is fairly easy. Check the hinges and locks. Squeaking hinges or locks that stick indicate wear on seals and metal.
Although sticking doors and windows aren't a big deal in and of themselves, these issues can be indications of moderate to severe foundation problems. If you find these … (0 comments)
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bloomfield hills real estate: A Few Red Flags To Look For When Buying Real Estate
- 09/17/13 01:42 AM
If you're looking to purchase Bloomfield Hills real estate, keep in mind that the homes you are considering might be in need of repairs or improvements.
In a recent study done by a major home inspection company, at least 40 percent of previously owned homes on the market have at least one serious issue or defect.
When buying real estate, you should have a professional inspection performed on the property to look for any issues that might not be visible to the untrained eye.
It's better to identify this damage before you buy so that you are not stuck with … (1 comments)
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bloomfield hills real estate: Whatever You Do, Don't Make These Common Mortgage Mistakes
- 09/10/13 02:10 AM
Are you applying for a mortgage on your home? Keep in mind that a mortgage is a major financial decision and choosing one will have a significant impact on the rest of your life.
Many people go into this decision without understanding all of the essential mortgage information they need to know. This means that they may not make the best choices which could result in paying much more than they need to.
If you want to save yourself from throwing away your hard earned money, here are a few common mistakes to avoid:
Trying To Time The Mortgage Interest Rate … (0 comments)
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bloomfield hills real estate: Can The Right Color Help Sell Your Bloomfield Hills Real Estate?
- 06/11/13 12:32 AM
When it comes to selling your home in Bloomfield Hills real estate, you've probably thought of the most common staging tricks, such as clearing out the clutter to make your rooms look bigger and bringing in more light to brighten things up.
However, have you considered that the colors in your house might affect whether buyers are interested?
First impressions are everything when you are selling a house, so think about how the colors you choose will likely influence your potential buyers. A new coat of paint could be a simple and effective way to make your house more appealing.
Here … (0 comments)
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bloomfield hills real estate: 4 Critical Tips When Purchasing Foreclosure Real Estate
- 04/16/13 01:22 AM
Buying a foreclosed property in Bloomfield Hills and the surrounding area can be different than buying other types of real estate.
In many cases you will be able to get a fantastic deal on a home, but you will need to go through quite a bit of work and negotiation.
Here are four tips to help you navigate the foreclosure buying process:
Find the right real estate agent The first thing to keep in mind is that your real estate broker will deal directly with the bank that owns the foreclosed property.
The bank has the final say in whether they'll … (0 comments)
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bloomfield hills real estate: 6 Tips For Buying An Older Home
- 03/26/13 01:31 AM
Older Bloomfield Hills homes sometimes offer more charm and character than the newer houses of today. They boast gabled roofs, crown moldings, hardwood floors and antique fixtures.
Buying an old house is like buying a piece of local history. Its beautiful period features can give it a timeless beauty and grace that is hard to resist.
However, buying a house from another era can be an endeavor fraught with potential problems. Older houses are not necessarily built to the same electrical or plumbing standards of today. Plus, if they have not been maintained correctly through the years, they can turn into … (1 comments)
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bloomfield hills real estate: When Can You Buy Real Estate After Foreclosure?
- 03/19/13 01:44 AM
If you lost your Bloomfield Hills home due to foreclosure, you probably haven't given up on the dream of owning a new home. The good news is that a number of guidelines have changed which may allow you an opportunity to buy that new home sooner than you think.
There are a few guidelines that lenders follow to determine when you’ll qualify for financing after foreclosure. Arming yourself with this information may help you qualify again for a mortgage.
Foreclosure With Extenuating Circumstances
Generally, lenders will take into consideration any extenuating circumstances surrounding the foreclosure on your Michigan real estate.
… (1 comments)
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bloomfield hills real estate: 3 Common Myths About Real Estate Short Sales
- 03/05/13 02:14 AM
There is a lot of misleading and incorrect information about Bloomfield Hills real estate short sales.
Many people don't have a clear understanding of the purpose of short sales or how they actually work.
Essentially, a short sale is when one sells their home for less than the balance remaining on the mortgage attached to the property.
The proceeds from the sale are used to repay a pre-negotiated portion of the balance to settle the debt.
A short sale can be a solution for homeowners who really need to sell their home but owe more on the mortgage than the home … (0 comments)
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bloomfield hills real estate: Tips For Selling Your Home In The Colder Winter Months
- 02/05/13 12:41 AM
Real estate agents in Bloomfield Hills real estate will tell you that it can be harder to sell a home in the winter. The days are colder and shorter, leaving less time to show a home to potential buyers.
The good news, though, is that most buyers looking at houses in the winter aren't just killing time. They're serious enough about finding a new home to house hunt at a time when most people might rather stay inside.
There are a several steps you can take to make a good impression on home buyers this winter.
First, if there's snow or … (2 comments)
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bloomfield hills real estate: How to Get an Accurate Bloomfield Hills Real Estate Appraisal
- 09/16/12 08:50 PM
In these times of tighter controls on mortgages, making sure your Bloomfield Hills real estate appraises at an accurate value is crucial. Mortgages have fallen through because of low real estate appraisals.
Here are three tips to help you get an accurate appraisal on your home:
Give the Full Story – If you and your Bloomfield Hills real estate agent have done the research on comparable properties in the neighborhood, be sure to have your agent pass that information along to your appraiser. Also send along information about upgrades you’ve made on your home and amenities that might be overlooked. No … (1 comments)
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bloomfield hills real estate: Buyer Steps After Signing the Bloomfield Hills Real Estate Contract
- 05/27/12 10:38 PM
You've found the home you want to live in, you and the seller have come to terms, and you now have a signed Bloomfield Hills real estate contract. What happens next?
Here’s an overview of the things you need to do after you and the seller have an agreed upon and signed real estate contract:
Get answers to your questions: If you have any questions, now is the time to ask them. Sit down with your team of Bloomfield Hills real estate professionals including your agent, home inspector, and lender to get answers to all your questions. Keep asking … (0 comments)
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Young families often look for many different things in a Bloomfield Hills home than older couples with teenagers or those with an empty nest may look at. Many real estate agents will tell their clients to stage a home so that it appeals to those who are most likely going to be interested in buying it. For sellers who have a family home in a safe, kid-friendly community, staging a home to appeal to young families is a great idea and can be accomplished with a few easy steps.
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