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Entries Tagged as 'tips for home buyers'

Multiple offers, deadlines, and “submit your highest and best” aren’t just for bank owned homes in Macomb County lately

May 7th, 2012 · No Comments · Buyers agency, macomb county mi real estate market, tips for home buyers

Have you been house hunting lately in Macomb County MI?   If you have, you’ve likely heard your buyers agent say “If you like it, don’t want too long to think about it.”     I’ve always hated saying this to my clients, but I would be negligent in my duties as a buyers agent if I didn’t [...]

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Foreclosures are down finally, but that means multiple offers on homes for sale in Macomb County MI

April 12th, 2012 · No Comments · macomb county mi real estate market, tips for home buyers, tips for purchasing a foreclosure

The Detroit News has an article this morning about foreclosures and default filings in Macomb County and the Metro Detroit area, and the first thought that came to my mind was:   We’ve been seeing this for months now! Almost every buyer that I am working with has been running in to this problem:  There are [...]

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One of the most read articles I’ve written – “Tagged homes in the City of Warren” – revisiting this important information for Macomb County home buyers

April 10th, 2012 · No Comments · tips for home buyers, tips for purchasing a foreclosure

Have you recently purchased a home in one of our Macomb County communities that has an “abandoned or foreclosure” ordinance? If you have, you have probably by now realized that if there was a city / township “tag” posted on the front of the home, that you will need to have the city /township building [...]

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Why an FHA appraisal matters to buyers of a home, not just the sellers! Helpful tips for Macomb County MI home buyers and sellers

April 5th, 2012 · No Comments · Appraisals in Macomb County MI, fha mortgages and first time home buyers, tips for home buyers, tips for home sellers

A point of confusion for home buyers in my area, as well as home sellers, is the role of an FHA appraiser.   The FHA appraiser not only determines fair market value for the home but he/she will also take a peek to determine if there are any issues to what FHA refers to as the [...]

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St. Clair County MI home buyers and the USDA rural loan

March 26th, 2012 · No Comments · tips for home buyers, tips for home sellers

I had a lovely drive yesterday in to St. Clair County showing homes to a couple that are ready to purchase. One of the things I like most about St. Clair county for home buyers is the USDA rural home loan that can be used for their home purchase. Unlike most Macomb County buyers, those [...]

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Helpful tip for Macomb County MI home buyers – start a paper trail!

February 27th, 2012 · No Comments · mortgages in michigan, tips for home buyers

Ask anyone who has applied for a mortgage recently about the process and I’m sure one of the first things that is mentioned is “Oh my gosh, the lender wanted everything you can think of!”   I always smile when I hear these comments coming from my buyer clients, because even though I’ve told them that [...]

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Finding the right home – “Should I see 5 or 50?” – Advice for Macomb County MI home buyers

February 21st, 2012 · No Comments · first time home buyers, tips for home buyers

If you’ve been searching for the right home in Macomb County recently, then I’m sure you’ve seen the full range:  Foreclosures, short sales, and the even rarer “normal” homes for sale. I don’t believe I’ve had a first time home buyer client yet that hasn’t asked me “Am I rushing things?” when they are considering [...]

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When your full price offer isn’t really full price (Sellers concessions and the home buying process in Macomb County MI)

February 6th, 2012 · No Comments · fha mortgages and first time home buyers, first time home buyers, tips for home buyers, tips for purchasing a foreclosure

You don’t have to be a first time home buyer to be confused about how sellers concessions work.   Many 2nd and 3rd time home buyers ask the sellers for concessions (help in paying the buyers closing costs, pre-paid items, and/or tax prorations.) The confusion sets in for buyers when they make a strong offer on [...]

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Wow. I just read a blog article written by a home inspector, and I am dumbfounded.

December 29th, 2011 · No Comments · first time home buyers, macomb county MI, Tax credit for first time home buyers in Macomb County MI, tips for home buyers, Up to $8000 1st time home buyers tax credit

Edited January 12th , 2012.   The author of the article referenced below has decided to take his blog article down.  I am thankful he did that, since he didn’t allow any comments on his blog to address the outrageous claims he made in a public manner. Perhaps dumbfounded isn’t the right word.  Outraged.  Incredulous.  Shocked.  [...]

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“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 while sitting down [...]

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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.