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

Yes.  In Michigan there is a program called MSHDA that still has down payment (and closing cost) assistance to home buyers.  There are income limits, however they have become more generous over the years.  There are also purchase price limits, but as with the income they are also higher than in years past. For example: [...]

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Last year when the first time home buyers tax credit was close to expiring we heard talk about it being continued.  And it was.  This time around however there isn’t even a whisper of that happening. Please, if you are at all considering buying a home to take advantage of the up to $8000 in [...]

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When you plan on purchasing a home using mortgage money it doesn’t matter what type of mortgage you are applying for (FHA, VA, Conventional) – your mortgage lender is going to order an appraisal of the homes value. They will want to make sure that the amount of money you are asking to borrow is [...]

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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 [...]

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A recent question on Trulia Q & A section has still been on my mind days after I replied to it. The former home owner who asked the question was denied a short sale in which the lender wouldn’t take $30,000 less for their home. It was then foreclosed upon and sold for $116,000 less [...]

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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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If you have been out and about looking at homes for sale in the Macomb County area then you surely have noticed that the number of homes on the market that are foreclosures (bank owned) is less than what it was a few months ago. Part of the reason for this lower number of bank [...]

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Just when we think the housing market in Macomb County can’t take much more stringent lender guidelines there is a new curveball thrown in to the mix. As of October 1st of this year those new potential home owners who are using an FHA mortgage will have to really do their homework if they are [...]

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In order to keep my Michigan real estate sales person license in force I am required to attend 6 hours of continuing education each year.  Many real estate agents will say this is a waste of time as we are continually educating ourselves throughout the course of the year with each client that we represent, [...]

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