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

Last week I wrote about the average sales price during the 4th
quarter of 2009 for residential sales in Macomb County MI.
I thought it would be interesting for those who are perhaps looking for
a home to purchase in Macomb County, or those who are considering
putting their homes on the market to get a glimpse of the [...]

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Congratulations to Ashley, a single woman who purchased her first home.
The home she bought was owned by HUD, and everything about the purchase process went smoothly. Unlike other bank or government owned homes, HUD has an online process for bidding. Everyone that bids knows when their offers to purchase will be considered, and it [...]

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After much back and forth, and preliminary hype about the extension of this tax credit, we can now confidently write to our local consumers about this bill being signed by the President.
The 1st time home buyers tax credit HAS been extended, and there is also a tax credit for those who already own a home [...]

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I’m one of the real estate professionals here in Macomb County that does not believe there will be an extension to the Federal first time home buyers tax credit.  Too much money has been spent in the last year with less money coming in.  The Federal government has to put a stop to it soon, [...]

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“I only want to see foreclosures”
I had an interesting conversation with a caller yesterday the other day and  thought I would share it with all of you.  I’m hoping that by sharing it and putting it out to the public that other potential home buyers will see it, and understand the very real aspect [...]

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MSHDA (Michigan State Housing Development Authority) has some new
programs to help first time home buyers with their down payment
assistance.   I talked with Michelle Cyplik of Paramount Bank in Rochester
MI about these programs just before the Labor Day weekend, and we are
going to get together at the end of this week to talk more in depth [...]

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I wrote this article the other day and published it on my first time home buyers blog, and then decided to add it here.  (Something I don’t normally do - I don’t like to duplicate content as it appears to be spammy. )
This is so important though that I broke one of my own rules. [...]

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One of the questions that I was recently asked by a Macomb County caller was if the 1st time home buyer tax credit could be used with the purchase of a condo and not a single family home.
The answer is a resounding yes. A condo is a home.   Just because there are common areas [...]

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First time home buyers: Important dates to keep if
you are purchasing a home this year.

August 1st: Start your pre-approval process with your mortgage
lender and begin to gather the documents that you will need (pay stubs,
past 2 years tax returns, last 90 days of bank statements, cancelled checks
showing rental payment history if applicable)
September [...]

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Last week I heard from a gentleman who is thinking about not renewing his apartment lease and taking advantage of the first time home buyers tax credit.   In his inquiry he wanted to know if he purchased a home for $40,000 if he still would recieve all of the “$8,000″.
The answer is no. He would [...]

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