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

Macomb County MI Real estate

Macomb County MI real estate blog

Call to action: FHA changes coming and we can give our input!

July 20th, 2010 · No Comments · fha mortgages and first time home buyers, macomb county mi real estate market

Just when I think the dust is settling a bit with the mortgage changes we receive another whammy.   Currently there are discussions going on about FHA mortgages and changes to the standards that will have a horrible affect here in Metro Detroit, and other areas of the country. If you’ve thought about buying a home […]

[Read more →]

Tags:·

Only 50 days left – the 1st time home buyers tax credit will expire

March 11th, 2010 · No Comments · fha mortgages and first time home buyers, first time home buyers, macomb county mi real estate market, Tax credit for first time home buyers in Macomb County MI, tips for home sellers

Last year when the first time home buyers tax credit was close to expiring we heard talk about it being continued.  And it was.  This time around however there isn’t even a whisper of that happening. Please, if you are at all considering buying a home to take advantage of the up to $8000 in […]

[Read more →]

Tags:·

Making an offer on a HUD home? Here’s how to protect yourself before you close on it.

February 23rd, 2010 · No Comments · macomb county MI, tips for home buyers, tips for purchasing a foreclosure

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 […]

[Read more →]

Tags:··

HUD incentives ending in Michigan – February 12, 2010 is cut off date

January 31st, 2010 · No Comments · fha mortgages and first time home buyers, tips for home buyers, tips for purchasing a foreclosure

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 […]

[Read more →]

Tags:··

FAQ answered about the 1st time home buyers tax credit and the up to $6500 repeat buyer tax credit

November 14th, 2009 · No Comments · Up to $8000 1st time home buyers tax credit

I came across the website below put out by the National Association of Home Builders and it’s wonderful. They answer most of the questions that are being asked by consumers about the extended 1st time home buyers tax credit, and also those who are hearing about the repeat home buyer tax credit. Frequently Asked Questions […]

[Read more →]

Tags:·

1st time home buyers tax credit expiring soon – here are some tips to help hurry along your purchase

September 22nd, 2009 · No Comments · first time home buyers, macomb county mi real estate market, Up to $8000 1st time home buyers tax credit

I’m one of the real estate professionals here in Macomb County that does not believe there will be an extension to the Federal first time home buyers tax credit.  Too much money has been spent in the last year with less money coming in.  The Federal government has to put a stop to it soon, […]

[Read more →]

Tags:··

Affordable condos for sale in Shelby Township MI – taking advantage of the first time home buyers tax credit

July 24th, 2009 · 2 Comments · first time home buyers, macomb county mi real estate market, shelby township mi, Up to $8000 1st time home buyers tax credit

One of the questions that I was recently asked by a Macomb County caller was if the 1st time home buyer tax credit could be used with the purchase of a condo and not a single family home. The answer is a resounding yes. A condo is a home.   Just because there are common areas […]

[Read more →]

Tags:··

St. Clair Shores MI homes sold during June of 2009

July 3rd, 2009 · 1 Comment · macomb county mi real estate market, Real estate market reports - Macomb County, st. clair shores, Up to $8000 1st time home buyers tax credit

Home sellers in St. Clair Shores have been experiencing some stabilization in their home sales, however price is still “king”. 55 homes sold in St. Clair Shores (Macomb County MI) during the month of June this year, compared to 59 for June of 2008. The prices ranged from $14,900 to a wonderful Worthington canal front […]

[Read more →]

Tags:···

The 1st time home buyers tax credit – another misconception addressed for Macomb County MI home buyers

June 28th, 2009 · No Comments · first time home buyers, macomb county mi real estate market, Tax credit for first time home buyers in Macomb County MI

Last week I heard from a gentleman who is thinking about not renewing his apartment lease and taking advantage of the first time home buyers tax credit.   In his inquiry he wanted to know if he purchased a home for $40,000 if he still would recieve all of the “$8,000”. The answer is no. He […]

[Read more →]

Tags:··

Getting your first time home buyer tax credit quickly

June 21st, 2009 · No Comments · Tax credit for first time home buyers in Macomb County MI, Up to $8000 1st time home buyers tax credit

One of the questions that I’m asked about the First Time Home Buyers tax credit is: “Can I get the money back to me quicker?” The good news is yes, you can. If you qualifty for the 1st time home buyers tax credit you can simply amend your already completed 2008 income tax return. You […]

[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.