Chat about Macomb County MI real estate & Homes for sale search site

If you have been looking for a home over the last year or so you have encountered homes offered for sale with a “short sale” contingency.   There’s no avoiding them, they make up so much of a percentage of the homes for sale now in Macomb County as well as the entire state of Michigan.
As [...]

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A few days ago I wrote about the 2 part appraisal that is needed in order to successfully use a 203K FHA mortgage.  Another important part of this mortgage that I want to let home buyers know about is that the qualifying for this mortgage is also a bit different than for a regular FHA [...]

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The “rehab” mortgage offered by FHA is a wonderful product, but also wrought with confusion for many potential home buyers. One of the areas that confuse buyers is that there are actually 2 different appraisal amounts that the home must meet in order for the mortgage to be approved.
Below is a basic example of how [...]

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This home just went on the market today.

It’s a wonderful investment home priced well
at $29,900.  Clean, updated and better yet - it’s
NOT a short sale or a foreclosure!
Please contact me if you have any interest in this
lovely Eastpointe home.
~Kris Wales~ A partner for your real estate needs in
Macomb County MI
Search Macomb County homes for sale

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A gentleman that I know in the mortgage banking industry in Birmingham Michigan wrote an excellent article about purchasing a short sale and things that a buyer and their agent should pay heed to before writing the offer.
One of the things that my buyer clients and I often talk about are the differences between short [...]

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