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

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 agents [...]

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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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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 1 [...]

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(I wrote this article in 2008, and a recent email inquiry from a prospective foreclosure purchaser reminded me of it.  Not much has changed since 2008…)

A phone call the other day illustrated to me once again how quickly our real estate market here in Macomb County is changing.
The gentleman who called told me that he [...]

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Every New Year I enjoy going through both of the Multilist services that I am subscribed to and researching to see how the year past treated us as far as number of homes sold and average sales price.
There were a couple of surprises that I liked to see, and one of them was the average [...]

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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 about [...]

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One of the challenges to purchasing a foreclosure is abiding by all local laws regulating the condition of the home (different city/township inspections and Certificate of Occupancy requirements).    Macomb County homes that are serviced by a well and septic system also have a mandatory inspection at the point of sale.
This can be a bit challenging [...]

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I remember last summer when a buyer client and I viewed a home in Warren.  It was a foreclosure, and because she was semi-interested in the home I did a bit of research on it the next morning.
The City of Warren had “tagged” the home, which means you  need an inspection from the building department [...]

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This is one of those “just when I think I saw it all…” kind of posts.
Last week I took buyer clients through a foreclosure (bank owned) home in north Macomb County.  The home has been on the market for quite a while, considering the low price for a large newer home in that area.  That [...]

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