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Macomb County MI Real estate

Macomb County MI real estate blog

Tips to get through an FHA appraisal on a bank owned (foreclosure) purchase

January 16th, 2009 · 1 Comment · fha mortgages and first time home buyers, tips for home buyers, tips for purchasing a foreclosure

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 […]

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Privately owned homes are selling in Macomb County

January 13th, 2009 · No Comments · chesterfield township, macomb county mi real estate market, Real estate market reports - Macomb County

Contrary to all the doomsday talk about home sales in Macomb County and across the state of Michigan, homes that are owned privately are selling. Let me state this clearly:  Not all home sales in our area are foreclosure sales. During the last month (December 2008) 208 homes that were privately owned sold.    Out of […]

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An answer for Patricia – waiting (and waiting) for an answer on an offer to purchase a bank owned home

December 22nd, 2008 · No Comments · macomb county mi real estate market, tips for home buyers, tips for purchasing a foreclosure

One of the features of this blog is that a reader can ask a question or leave a comment without having to log in and subscribe. Recently a potential home buyer named Patricia asked a question that many people have been asking: “I have an offer in on a bank house now and its been […]

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Foreclosures in Macomb County MI now priced well

November 23rd, 2008 · No Comments · macomb county MI, macomb county mi real estate market, tips for home buyers

One of the things I’ve noticed over the last 90 days or so while showing homes in our area is that the foreclosure (bank owned) homes are priced now with selling in mind. A year or so ago the banks overpriced the homes.  I believe they were setting their prices at what they were owed, […]

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How’s the real estate market in Macomb County MI?

November 3rd, 2008 · 1 Comment · macomb county MI, macomb county mi real estate market

Don’t let the headlines fool you.  Homes are selling in our county, including homes over $200,000.  Yes, people can still get mortgages. Yes, there is help available for home buyers.  And no, I don’t know where the “bottom” of the market is. I cannot predict the future – all I can do is show you […]

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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.