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

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 [...]

[Read more →]

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 [...]

[Read more →]

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 [...]

[Read more →]

I knew it wouldn’t last forever, but I was kind of shocked to get the information in my email that the HUD incentives for Michigan are ending soon.
As of February 12th of this year (yes, less than 2 weeks away) HUD is putting an end to the wonderful incentives that they’ve been offering for the [...]

[Read more →]

One of the things that really gets my goat (ok, that was an oldie but it applies) is the lack of sellers disclosures on bank owned homes.
In Michigan if I decide to sell my own home I am required to provide a written sellers disclosure about the condition of the home.    Are there any known [...]

[Read more →]

The first reading of a new ordinance in the City of Warren has already taken place and the 2nd reading will probably happen when the city council next meets.
This ordinance is going to have a positive affect on homeowners in the city by helping reduce the eyesores and the safety hazards that abandoned properties have [...]

[Read more →]

The 2009 summer property tax bills will be arriving in the mailbox (or, to
your mortgage lenders mailbox.)
If you are considering purchasing a home please keep in mind that many homes have had property tax reductions due to lower property values, but many have also had their homestead exemptions stripped. (Foreclosures,
abandoned homes, etc.)
It is extremely important [...]

[Read more →]

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 foreclosure [...]

[Read more →]

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 [...]

[Read more →]

Wednesday of this week I had time to sit down and have a leisurely lunch with a mortgage represensative, Mike Caira of Great Lakes Mortgage Funding in Sterling Heights, that I think highly of and trust to give me the most accurate information.
One of the things that I wanted to know was if he is [...]

[Read more →]