Tuesday, December 28, 2010
Friday, December 24, 2010
Thursday, December 23, 2010
Wednesday, December 22, 2010
Monday, December 20, 2010
Friday, December 17, 2010
Wednesday, December 15, 2010
Tuesday, December 14, 2010
Monday, December 13, 2010
Saturday, December 11, 2010
Tuesday, December 7, 2010
Monday, December 6, 2010
Saturday, December 4, 2010
Thursday, December 2, 2010
Sunday, November 28, 2010
With poll: Waiting until the new year, next spring or when the holidays are over to buy or sell a home
Many potential buyers and sellers right now are waiting to see what the future will be like before they decide to move and with good reason. The way the current economic climate is, your next move may be your last move for a while -- but there are a few very good reasons not to wait to buy or sell:
1. Mortgage interest rates are at historic lows and they will not stay at these lows forever. This could far outweigh just waiting for prices of homes to further drop.
2. Much less competition out there, whether you are a buyer or seller. If your buyer who was caught up in a
multi-offer position or a seller who was one of 10 homes on the block for sale your competition right now will be less.
3.Constant changing in lending requirements by banks will decrease the amount of people able to get a mortgage to buy a home in the future. If you were able to get a mortgage 6 months ago, does not mean you will be automatically approved today or next summer.
4. More foreclosures to hit the market in 2011. With more current homeowners defaulting on current loans, distressed sales will continue in the next year further driving down list prices of all homes in neighborhoods.
The good news is homes are still selling! Despite all of the bad news, people are still moving and life goes on as usual. If you're a seller and your home is priced according what buyers are willing to pay, it will sell. If you're a buyer and your offer is competitive to what homes are selling for in the neighborhood, you have a good chance of getting a accepted offer.
1. Mortgage interest rates are at historic lows and they will not stay at these lows forever. This could far outweigh just waiting for prices of homes to further drop.
2. Much less competition out there, whether you are a buyer or seller. If your buyer who was caught up in a
multi-offer position or a seller who was one of 10 homes on the block for sale your competition right now will be less.
3.Constant changing in lending requirements by banks will decrease the amount of people able to get a mortgage to buy a home in the future. If you were able to get a mortgage 6 months ago, does not mean you will be automatically approved today or next summer.
4. More foreclosures to hit the market in 2011. With more current homeowners defaulting on current loans, distressed sales will continue in the next year further driving down list prices of all homes in neighborhoods.
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| flickr photo courtesy of awnisALAN |
Wednesday, November 24, 2010
Friday, November 19, 2010
Are you a homeowner who needs to know your options?
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| flickr photo courtesy of Beatrice Murch |
http://www.knowyouroptions.com/
Monday, November 15, 2010
Sunday, November 14, 2010
Friday, November 12, 2010
Thursday, November 11, 2010
Wednesday, November 10, 2010
What is the difference between Site Built, Modular, and Manufactured homes?
I am often asked by first time home buyers, what is the difference between these 3 types of homes. Sometimes people are confused between a modular, and a manufactured home. Each of these homes are very different in pricing, and have different restrictions of where they can be located. I came across a great article that explains in depth the difference between all three, read below:
http://homebuying.about.com/cs/modulareducation/a/modularhomes.htm
http://homebuying.about.com/cs/modulareducation/a/modularhomes.htm
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| Flickr photo courtesy of jjkadaba69 |
Thursday, November 4, 2010
Monday, November 1, 2010
United Way Washtenaw Music Benefit
A great concert will be going on Tuesday November 2, 2010 to benefit United Way of Washtenaw County. The benefits aim is to raise money for early childhood education and at the same time get the youth involved. My favorite local guitarist is going to be playing Laith Al-Saadi
http://www.annarbor.com/entertainment/blind-pig-to-host-benefit-concert-for-united-way/
http://www.annarbor.com/entertainment/blind-pig-to-host-benefit-concert-for-united-way/
Wednesday, October 27, 2010
Monday, October 25, 2010
Sunday, October 17, 2010
Art on the Farm
This is a one of a kind art event held in the Dexter/Chelsea area . They usually have some very unique artist's and some type of live music. The show is always held on the last Sunday in October and is a great way to spend a fall day before old man winter comes knocking. This year it lands on Halloween! Check out the link for more info http://www.artonthefarmdexter.com/Friday, October 15, 2010
Wednesday, October 13, 2010
Sunday, October 3, 2010
Estmated Property Tax
With the large difference of price my current buyers are paying for homes compared to the previous owner, I am often asked by my buyers "What is the amount of property tax I will be paying if I purchase this home?"
I came across a helpful page on the State of Michigan's Department of Treasury website, which will show future owners the answer to that question, using the property tax estimator. The only figure that is needed is the current state equalized value (S.E.V.) which will sometimes be different from when it was originally listed for sale. The current (S.E.V.) can usually be found on the respective county's website that you're considering to purchase in.
Click the link below to figure out an estimate of how much property tax you can expect to pay:
https://treas-secure.state.mi.us/ptestimator/ptestimator.asp
I came across a helpful page on the State of Michigan's Department of Treasury website, which will show future owners the answer to that question, using the property tax estimator. The only figure that is needed is the current state equalized value (S.E.V.) which will sometimes be different from when it was originally listed for sale. The current (S.E.V.) can usually be found on the respective county's website that you're considering to purchase in.
Click the link below to figure out an estimate of how much property tax you can expect to pay:
https://treas-secure.state.mi.us/ptestimator/ptestimator.asp
Thursday, September 30, 2010
Wednesday, September 22, 2010
Saturday, September 18, 2010
Sunday, August 29, 2010
Thursday, August 26, 2010
Thursday, August 19, 2010
Monday, August 16, 2010
Saturday, August 7, 2010
Saturday, July 31, 2010
Wednesday, July 28, 2010
Monday, July 26, 2010
Friday, July 23, 2010
Wednesday, July 21, 2010
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