Once again I was reminded this morning that home buyers are having a difficult time receiving accurate information from their real estate agents regarding tagged homes on foreclosures. Many Macomb County communities now have in place an inspection of foreclosure homes by the building departments before you will be issued a certificate of occupancy. Without [...]
Entries Tagged as 'tips for home buyers'
Buyers beware - call the city or township building department before purchasing a Macomb County MI foreclosure
August 6th, 2010 · 1 Comment · macomb county mi real estate market, tips for home buyers, tips for purchasing a foreclosure
Tags:Buyers agent in Macomb County MI·foreclosures in macomb county mi
Thinking about buying a home soon? Start your papertrail now for your mortgage - Advice for Macomb County MI home buyers
July 26th, 2010 · No Comments · fha mortgages and first time home buyers, mortgages in michigan, tips for home buyers
Normally when people think about buying a home they start out searching for homes on the Internet. They have their wish list and must have list in mind, they have a good idea about what city they want to reside in, and they have a bit of an inkling of how much their new home [...]
Tags:home buyers in macomb county mi
What *were* we thinking?
July 15th, 2010 · No Comments · tips for home buyers
When my hubby and I purchased our home 13 years ago we both wanted a big lot. (Larger than the norm in subdivisions. A typical lot in our sub in Macomb County is 50 X 110.) We didn’t buy acreage, but our home does sit on a double width lot. It was nice the first [...]
Tags:macomb county michigan real estate market
Viewing homes on these hot humid days -notably, foreclosures and other vacant Macomb County homes
July 12th, 2010 · No Comments · macomb county mi real estate market, tips for home buyers, tips for purchasing a foreclosure
During the cold winter months I long for summer. Viewing the foreclosures and vacant homes in the winter isn’t much fun. In fact, it can be quite challenging and uncomfortable. My buyers and I cringe each time we trudge our way through snow drifts to enter the home, and no relief is found on the [...]
Tags:foreclosures in macomb county mi·macomb county michigan real estate market
Condo purchasing in Macomb County with a conventional mortgage
July 1st, 2010 · No Comments · Condos in Macomb County MI, tips for home buyers
So many changes in the mortgage industry, so much to keep up with. This is why I ask questions so often of my trusted mortgage lenders in the area. What may have been true last week might have changed this week.
As anyone who has purchased a condo over the last few months, or has attempted [...]
Tags:HUD approved condos in Macomb County MI
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.
As [...]
Tags:fha mortgage in macomb county mi·short sales in Macomb County MI
FHA 203K for purchasing & rehabbing a home in Macomb County - part II
June 22nd, 2010 · No Comments · fha mortgages and first time home buyers, tips for home buyers
A few days ago I wrote about the 2 part appraisal that is needed in order to successfully use a 203K FHA mortgage. Another important part of this mortgage that I want to let home buyers know about is that the qualifying for this mortgage is also a bit different than for a regular FHA [...]
Tags:fha mortgage in macomb county mi
Clearing up a bit of confusion about the FHA “rehab” 203K mortgage
June 18th, 2010 · 1 Comment · fha mortgages and first time home buyers, tips for home buyers
The “rehab” mortgage offered by FHA is a wonderful product, but also wrought with confusion for many potential home buyers. One of the areas that confuse buyers is that there are actually 2 different appraisal amounts that the home must meet in order for the mortgage to be approved.
Below is a basic example of how [...]
Tags:Buyers agent in Macomb County MI·FHA 203K mortgage in Macomb County MI
Buying a short sale home in Macomb County MI
June 1st, 2010 · No 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 short [...]
Tags:Buyers agent in Macomb County MI·Buying a short sale in Macomb County MI·search homes for sale in Macomb County MI with MLS provided data
1st time home buyers tax credit & our military members
May 28th, 2010 · No Comments · Up to $8000 1st time home buyers tax credit, tips for home buyers
One thing that seemingly became lost in the hullabalooo about the ending of the first time home buyers tax credit is this: Our active duty military members will not miss out because they are serving our country and away from home. The tax credit is available to them upon their return.
Military members and some Federal [...]
Tags:$8000 first time home buyers tax credit·macomb county michigan real estate market

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