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

Macomb County MI Real estate

Macomb County MI real estate blog

Entries Tagged as 'tips for home buyers'

The never ending winter in Macomb County – fun viewing homes for sale!

February 13th, 2014 · No Comments · tips for home buyers

For those brave & adventurous home buyers out here in Metro Detroit, they are treated to snow & ice covered streets as well as trying to find the homes address when sellers don’t leave a porch light on. Hang in there!  Eventually all of this will melt, streets will be passable again and HOPEFULLY more […]

[Read more →]

Tags:

Is flipping a house in Macomb County still a good idea?

February 2nd, 2014 · No Comments · Buyers agency, macomb county mi real estate market, tips for home buyers

I came across this article in todays USA Today and wasn’t surprised that Michigan isn‘ t on the list of the 6 best states to flip homes.   There simply aren’t enough homes on the market, and those that are priced well & clean sell quickly for top dollar. Not enough “wiggle room” for an […]

[Read more →]

Tags:·

A new trend: Paying above appraised price. Have you seen this also on a Macomb County purchase?

September 12th, 2013 · No Comments · Appraisals in Macomb County MI, Searching homes for sale in Macomb County, tips for home buyers

I’ve neglected this blog much too long!  My only excuse is that I have been so busy that I haven’t had time (or energy) to write and keep up with it.    Things are slowing down a bit now that we’re at the end of the “summer rush” and I can finally put in to words […]

[Read more →]

Tags:··

“How do I compete with cash offers?” – tips for Macomb County MI home buyers

March 6th, 2013 · No Comments · Buyers agency, macomb county mi real estate market, tips for home buyers

It’s happening.    The very thing that we saw coming for the last year.   “Bottom” of the market.  In fact, our real estate market in Macomb County is on an upswing in the northern areas of our county.  (Clinton Township / Sterling Heights and north). One of the things that is extremely difficult for home buyers […]

[Read more →]

Tags:··

Purchasing a HUD house in Macomb County MI – What does “repair escrow” mean?

February 16th, 2013 · No Comments · tips for home buyers, tips for purchasing a foreclosure

Even though the supply of foreclosures is finally going down in Macomb County, my buyers and I are still seeing new HUD homes come on the market each week.   If my buyers are FHA buyers with limited funds to bring to closing, there is something I watch out for diligently with these HUD homes:  A […]

[Read more →]

Tags:·

Buying a home in Macomb County MI – do I need a buyers agent?

January 24th, 2013 · No Comments · Buyers agency, macomb county mi real estate market, tips for home buyers

It’s been almost 5 years since I wrote an article about the role of a buyers agent, and everything in that article still holds true today.  Even more so, since so many homes for sale are “distressed” (foreclosures, short sales, etc) and the ins and outs of purchasing these homes can be overwhelming for home […]

[Read more →]

Tags:

Another area of Macomb County with low inventory of homes – Macomb Township

January 7th, 2013 · No Comments · Macomb Township, tips for home buyers

The other day I wrote about the low inventory of homes for sale in Chesterfield Township.  Today while searching for homes that are currently on the market for buyer clients of mine I realized that Macomb Township is also experiencing a very low inventory of homes.     Macomb Township is quite large and encompasses […]

[Read more →]

Tags:·

Low inventory of homes for sale in Chesterfield Township

January 3rd, 2013 · No Comments · chesterfield township, macomb county mi real estate market, tips for home buyers, tips for home sellers

It’s the start of another new year, and this one is going to be exciting for home sellers in Macomb County.  The extremely low inventory of well priced, well kept homes is driving sales prices up once again. I firmly believe the “dragged down” years are behind us for real estate in most of Macomb […]

[Read more →]

Tags:·

What does “highest and best” mean? Tips for purchasing a home in Macomb County MI

December 11th, 2012 · No Comments · Buyers agency, tips for home buyers

Highest and Best – you’ve just heard that term from your buyers agent and start to feel the squeezing of pressure even more after you’ve written your offer on a home. It used to be that we would only hear about “highest and best” when it came to foreclosures.   The banks and asset managers for […]

[Read more →]

Tags:··

HUD owned condos – different rules for FHA financing

October 6th, 2012 · 4 Comments · Condos in Macomb County MI, tips for home buyers, tips for purchasing a foreclosure

We (agents and home buyers) are all getting used to the fact that if a home buyer is using FHA as their mortgage financing for a condo, that the condo must be in a HUD approved condo complex.   (Lots of fun for the buyers agents and buyers to find what they want within a complex […]

[Read more →]

Tags:

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.