A few days I wrote an article about the National Association of Realtors® taking
a stance and adding to their Standards of Practice the verbage “don’t give out the
lockbox code!”. While reading and commenting it reminded me of something
that is taking place with HUD owned homes: The locks are re-keyed with the
same HUD key being able [...]
Entries Tagged as 'macomb county MI'
Making an offer on a HUD home? Here’s how to protect yourself before you close on it.
February 23rd, 2010 · No Comments · macomb county MI, tips for home buyers, tips for purchasing a foreclosure
Tags:first time home buyers·home buyers in macomb county mi·HUD
Another change to the home purchase process
May 10th, 2009 · No Comments · Appraisals in Macomb County MI, macomb county MI
One of the new changes to the process that occurs during home buying has been implemented: HVCC - the Home Valuation Code of Conduct - went into effect on May 1st of this year.
If a home buyer is using a conventional mortgage (not FHA or VA) the appraisal that is ordered will now be subjected [...]
Tags:Appraisals for home buyers
If I ask if you are working with an agent there is a reason for my question..
March 31st, 2009 · No Comments · first time home buyers, macomb county MI, tips for home buyers
…and the reason I ask is that I’m not just being nosey.
I know callers can be put off by that question but there is an honest to goodness reason why I ask if you have an agent that is working for you. It’s called buyers agency and in Michigan for quite some time agency relationships [...]
Tags:Buyer agency in Macomb County MI·first time home buyers
We’re all in the same boat
March 17th, 2009 · No Comments · macomb county MI, macomb county mi real estate market
I’m not ashamed or embarrassed to admit to my callers that my home has also lost value (what an understatement) nor that my husband and I would love to move to a condo in Macomb County but would not be able to sell our home in this market.
Sometimes when I hear the stories from you [...]
Tags:
“Tagged” homes in the City of Warren (Macomb County MI) - what you need to know to purchase the home.
March 5th, 2009 · 2 Comments · first time home buyers, macomb county MI, tips for purchasing a foreclosure, warren MI
If you’ve viewed homes for sale in the city of Warren lately you’ve probably come across some that have this notice taped to the window or the door:
When I’m out and about showing homes to buyers I’m seeing more of them on vacant homes. (Most of the vacant homes have been foreclosures or bank owned [...]
Tags:Certificate of Occupancy and foreclosures·first time home buyers·warren michigan
The first time home buyers tax credit - revised explanation
February 20th, 2009 · 4 Comments · Tax credit for first time home buyers in Macomb County MI, first time home buyers, macomb county MI, tips for home buyers
When the Economic Stimulus bill was signed by President Obama it contained a revision to the 1st time home buyers tax credit.
2 key points: The credit is now worth up to $8000 and it does not have to be paid back unless you sell the home within 3 years of the purchase.
Please click [...]
Tags:$7500 first time home buyers tax credit·$8000 tax credit·1st time home buyers in macomb county mi·first time home buyers
It’s about darned time! (Short sale addendums for purchase offers)
February 12th, 2009 · 1 Comment · macomb county MI, short sale advice in Macomb County MI, tips for home buyers, tips for home sellers
I am overly excited this morning about something that is probably not going to mean alot to many people - yet - but will mean more clarity to those who are considering purchasing a short sale home in Macomb County.
First, exactly what does it mean when you see a home and it is advertised as [...]
Tags:home buyers in macomb county mi·search homes for sale in Macomb County MI with MLS provided data·short sales in Macomb County MI
Will you qualify for the $7500 first time home buyers tax credit?
December 13th, 2008 · 4 Comments · first time home buyers, macomb county MI, macomb county mi real estate market, tips for home buyers
There has been so much talk in the last few months about the buyers market in Macomb County, as well as mortgage programs that have gone by the wayside, that the $7500 tax credit for first time home buyers has fallen under our radar.
This past Wednesday I received a call from a young lady who [...]
Tags:$7500 first time home buyers tax credit·buy a home in michigan·first time home buyers·keller williams realty lakeside market center·macomb county MI
Condo sales in Macomb County MI - still slow, but oh so many to choose from!
December 11th, 2008 · No Comments · fha mortgages and first time home buyers, macomb county MI, mortgages in michigan, sterling heights, tips for home buyers
One of the areas that has been hit hardest in this buyers market in Macomb County is the condo market. So many to choose from and those on the market are taking much longer to sell.
The good news? Interest rates are fabulous, and most condos in our area qualify for FHA or VA financing. (If [...]
Tags:condominiums·condos·fha mortgage in macomb county mi·first time home buyers·macomb county MI·sterling heights michigan·The Coves of Sterling Heights·va mortgages in michigan
Ask your real estate agent to strip your market reports of the lease information
December 7th, 2008 · 2 Comments · chesterfield township, macomb county MI, macomb county mi real estate market, tips for home sellers
The Scenario: You live in one of the communities in Macomb County MI. You are considering putting your home up for sale and are planning on interviewing several real estate agents.
The agents come to your home to view it and talk with you about your needs, and towards the end of the interview they [...]
Tags:chesterfield Township MI homes sold·macomb county MI·real estate market report·tips for home sellers in macomb county mi
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