A recent phone call that was placed to me from someone who had read many of my articles for first time home buyers leads to this one being written now. The caller was confused because she had been led to believe that FHA had income limits, and that the loan limit was part of the [...]
Entries Tagged as 'Buyers agency'
Confusion abounds about FHA loan limits and MSHDA income limits in Macomb County MI
January 27th, 2012 · No Comments · Buyers agency, fha mortgages and first time home buyers, mortgages in michigan
Tags:fha mortgage in macomb county mi·home buyers in macomb county mi·MSHDA
More phone calls about HUD approved condos and FHA financing
December 6th, 2011 · No Comments · Buyers agency, Condos in Macomb County MI, fha mortgages and first time home buyers
I’ve received a couple of phone calls within the last month from condo buyers (with their own buyers agents) who are stumped and confused about purchasing a condo with FHA financing.
(The part that confuses me is why buyers are confused when they have hired a buyers agent, but that’s food for thought for another article.)
Here’s [...]
Tags:Buyers agent in Macomb County MI·fha mortgage in macomb county mi·HUD approved condos in Macomb County MI
“You mean I am financing my closing costs?” What it really means when you ask for sellers concessions on your home purchase
October 29th, 2011 · No Comments · Buyers agency, fha mortgages and first time home buyers, tips for home buyers
One of the most confusing aspects of the purchase process for home buyers is sellers concessions. They’ve heard their mortgage lender mention it, in lieu of the buyers needing to bring to closing all of their closing costs, pre-paids, etc. It’s also been discussed with their buyers agent during the process and [...]
Tags:fha mortgage in macomb county mi
One of those “just when I thought I heard it all…” moments while showing a house in Macomb County
September 2nd, 2011 · No Comments · Buyers agency, macomb county mi real estate market, tips for home buyers, tips for home sellers
Several months ago I read an article written by another real estate agent (in another part of the country) about an incident she had while showing homes to a young buyer couple. The house was empty (the sellers left for the showing) and the buyers looked at the home thoroughly, even though they really [...]
Tags:Buyers agent in Macomb County MI·macomb county michigan real estate market
Low-ball offers and how they can affect your purchase of a Macomb County MI home..
August 3rd, 2011 · No Comments · Buyers agency, macomb county mi real estate market, tips for home buyers
I’ve heard it so often that I cringe each time I hear it from a potential home buyer: “So-and-so told me to never offer more than 50% of the list price” or some version of that sentence.
My response? If the homes list price is double what the market value is, then by all [...]
Tags:home buyers in macomb county mi·macomb county michigan real estate market
An increase in calls about “tagged” homes after purchase - what Macomb County buyers should know BEFORE they buy!
June 29th, 2011 · No Comments · Appraisals in Macomb County MI, Buyers agency, macomb county mi real estate market, tips for purchasing a foreclosure
In the last month or so I have received more phone calls about an article I wrote last year that warned Macomb County MI home buyers about “tagged” homes and the certificate of occupancy that is needed before they can move in.
There are 2 things I have learned from these calls: 1) Some buyers agents [...]
Tags:Appraisals for home buyers·Buyers agent in Macomb County MI·certificate of occupancy in macomb county mi·foreclosures in macomb county mi
Here we go again..multiple offers, homes selling before you can see them, and it goes on and on. Buying a home in Macomb County? Be prepared to make a quick decision!
March 10th, 2011 · No Comments · Buyers agency, macomb county mi real estate market, tips for home buyers, tips for purchasing a foreclosure
I didn’t think it would happen during this time of the year (lousy weather, people not anxious to move in the winter, etc) but nothing should surprise me anymore.
My buyer client sent me a list of 6 homes that she would like to view tomorrow, and when I pulled up the 6 homes only 1 [...]
Tags:foreclosures in macomb county mi·macomb county michigan real estate market
Foreclosures selling quickly in Macomb County? Not much has changed since 2008
February 27th, 2011 · No Comments · Buyers agency, tips for home buyers
(I wrote this article in 2008, and a recent email inquiry from a prospective foreclosure purchaser reminded me of it. Not much has changed since 2008…)
A phone call the other day illustrated to me once again how quickly our real estate market here in Macomb County is changing.
The gentleman who called told me that he [...]
Tags:foreclosures in macomb county mi·macomb county michigan real estate market
Viewing an owner occupied home and not wanting to offend the owner…my way on leaving gracefully
February 23rd, 2011 · No Comments · Buyers agency, tips for home buyers
We’ve all come across those homes while house hunting that scream “Get me out of here“. Whether it’s the clutter, the pet odors, the dirt that you don’t want to see anymore of or a combination of all of these things there is on occasion going be a home that you want to exit quickly.
Thankfully there aren’t [...]
Tags:Buyers agent in Macomb County MI·macomb county michigan real estate market
Behind the scenes with a Buyers Agent - “You do all that?”
February 7th, 2011 · No Comments · Buyers agency, tips for home buyers
The common misconception about Buyers Agents is that we take people out to look at a few homes, write the offers, then sit back and collect a paycheck.
Misconception? What an understatement!
Take for example what goes on behind the scenes before we ever step foot in a home with our buyer clients:
Talk with the buyers about [...]
Tags:Buyers agent in Macomb County MI·macomb county michigan real estate market

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