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

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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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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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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In the last month or so I have received more phone calls about an article I wrote last year that warned Macomb County MI home buyers about “tagged” homes and the certificate of occupancy that is needed before they can move in. There are 2 things I have learned from these calls:    1) Some buyers [...]

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One of the most frequent issues that I run in to while representing a home buyer in my area (Macomb County, St. Clair County, Oakland County) is the fact that so many homes are foreclosures (bank owned) and my buyer clients are using an FHA or VA mortgage. FHA has what I term “health and [...]

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If you’ve been searching all of the homes for sale databases in Macomb County (or the tri-county area) then I’m sure you’ve been seeing many listings of homes that are Fannie Mae held foreclosures.   One of the nice features of these foreclosures is that many of the homes are approved for a Fannie Mae renovation [...]

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More often than not, when a home is bank owned the utilities to the home have been turned off.   I would venture to guess that in the Macomb County MI area 75% of the foreclosed homes are without electricity, gas or water. Pre-planning when writing your offer to purchase the home and estimating closing and [...]

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HUD has changed its asset manager in Michigan, as well as the incentives they used to offer. (Much of last year there was a $2500 bonus to HUD home buyers that could be used to help pay for their closing costs.)   This is no longer available, so anyone thinking of purchasing a HUD home in [...]

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I didn’t think it would happen during this time of the year (lousy weather, people not anxious to move in the winter, etc) but nothing should surprise me anymore. My buyer client sent me a list of 6 homes that she would like to view tomorrow, and when I pulled up the 6 homes only [...]

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I can’t pinpoint the date it happened, but it seemed that overnight our multilist databases were becoming filled with local homes for sale (Macomb County MI) by Freddie Mac and Fannie Mae.  They seemed to have overtaken HUD homes for sale in the numbers of them on the market right now. A couple of notes [...]

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