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

Macomb County MI real estate blog

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

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 →]

Tags:·

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 [...]

[Read more →]

Tags:·

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 [...]

[Read more →]

Tags:··

After your offer to purchase is accepted and before you close on your home - Do’s and Don’ts

May 26th, 2010 · No Comments · tips for home buyers

I love the excitement that a home buyer has once they hear that their offer to purchase has been accepted by the seller.  One of the areas that we talk about before they write an offer on a home is what happens during that “in between” time.  As a buyers agent in Macomb County I [...]

[Read more →]

Tags:·

One more reminder - First time home buyers tax credit expires April 30th

March 30th, 2010 · No Comments · Tax credit for first time home buyers in Macomb County MI, first time home buyers, tips for home buyers

I hate to be a nag (even my hubby doesn’t call me a nag :-), yet I find myself having to do so today.
Because of recent calls from people asking if the federal First Time Home Buyers tax credit will be extended again it reminds me to remind you!   There has been NO word or [...]

[Read more →]

Tags:·

Bank owned homes (Foreclosures) and disclosures - don’t expect any.

August 22nd, 2009 · 1 Comment · tips for home buyers, tips for purchasing a foreclosure

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 →]

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.