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Macomb County MI real estate blog

Entries Tagged as 'short sale advice in Macomb County MI'

Time is running out for sellers of short sales in Macomb County MI – and we’re seeing the signs of it.

May 17th, 2012 · No Comments · short sale advice in Macomb County MI, tips for home sellers

A recent article in todays Detroit News highlighted what many home buyers in Macomb County have been seeing since the beginning of the year:  More short sale homes for sale, and less foreclosures. It can be very frustrating for home buyers, as most that I work with as a buyers agent do not like the […]

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Receiving the call from people to help them with short sales..knowing when to refer to someone else in Macomb County MI

August 8th, 2011 · No Comments · short sale advice in Macomb County MI, tips for home sellers

So often lately I receive a phone call from either a past client, or someone that knows a past client and refers them to me. What is the first thing I do? I refer them to someone that I work with that knows what he is doing.  As I tell these callers:  Short sales are […]

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Purchasing a home that is a short sale – will the seller & the mortgage holder pay for closing costs?

June 28th, 2010 · No Comments · fha mortgages and first time home buyers, short sale advice in Macomb County MI, tips for home buyers

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. […]

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Buying a short sale home in Macomb County MI

June 1st, 2010 · 2 Comments · short sale advice in Macomb County MI, tips for home buyers

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 […]

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Short sale denied by lender, then foreclosed upon. What happens next?

January 16th, 2010 · 2 Comments · macomb county mi real estate market, short sale advice in Macomb County MI

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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What is the difference between a foreclosure and a short sale?

April 13th, 2009 · No Comments · macomb county mi real estate market, short sale advice in Macomb County MI, tips for purchasing a foreclosure

For many home buyers in Macomb County there is confusion when it comes to the definition of a foreclosure (bank owned home) and one that is labeled as a short sale. A home that is labeled as a foreclosure (or REO, or bank owned) is one that the bank already has taken possession of through […]

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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 […]

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Important copyright information: All photos were taken by Kris Wales. Do not copy and use photos for your own use, whether it be for personal or commercial purpose. All articles were written by Kris Wales. Once again, do not copy and use for your own purposes. Important disclaimer: Views expressed on the blog by the author and commenters do not express the views of Keller Williams Realty. All information contained is deemed to be reliable at the time of posting but not guaranteed.