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Macomb County MI real estate blog

Condo sales in Macomb County MI – still slow, but oh so many to choose from!

December 11th, 2008 · No Comments · fha mortgages and first time home buyers, macomb county MI, mortgages in michigan, sterling heights, tips for home buyers

One of the areas that has been hit hardest in this buyers market in Macomb County is the condo market.  So many to choose from and those on the market are taking much longer to sell. The good news? Interest rates are fabulous, and most condos in our area qualify for FHA or VA financing.  [...]

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A great side by side FHA vs Conventional mortgage analysis

November 18th, 2008 · No Comments · fha mortgages and first time home buyers, macomb county MI, tips for home buyers

Lately I’ve been bringing everyone up to date on available mortgages in Macomb County MI, especially those that will help first time home buyers. A friend of mine, Jeff Belonger (AKA the FHA Expert) has written an excellent article that gives you a nice side by side comparison on purchasing a home using a FHA [...]

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New FHA mortgage loan limits for 2009

November 16th, 2008 · 2 Comments · chesterfield township, fha mortgages and first time home buyers, macomb county MI, macomb county mi real estate market, SANG, st. clair shores, tips for home buyers, tips for home sellers, Uncategorized

HUD and FHA came out with their annual assessment recently, and new FHA loan limits have been announced for those who wish to purchase a home in 2009. For Macomb County the limit has been lowered due to declining property values.  The 2009 mortgage amount has been limited to $271,050. (This is down from $297,500) [...]

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Little publicized fact about FHA and buying a home

May 19th, 2008 · 3 Comments · fha mortgages and first time home buyers

I’ve had many home buyers over the last several years use the trusty and reliable FHA financing to purchase their homes. In Macomb County this holds true even more now with the incredibly low prices and the availability of FHA direct mortgage lenders. Yesterday I was reminded of one of the pitfalls to watch out [...]

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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.