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Macomb County MI real estate blog

Helpful tip for Macomb County MI home buyers – start a paper trail!

February 27th, 2012 · No Comments · mortgages in michigan, tips for home buyers

Ask anyone who has applied for a mortgage recently about the process and I’m sure one of the first things that is mentioned is “Oh my gosh, the lender wanted everything you can think of!”   I always smile when I hear these comments coming from my buyer clients, because even though I’ve told them that [...]

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When your full price offer isn’t really full price (Sellers concessions and the home buying process in Macomb County MI)

February 6th, 2012 · No Comments · fha mortgages and first time home buyers, first time home buyers, tips for home buyers, tips for purchasing a foreclosure

You don’t have to be a first time home buyer to be confused about how sellers concessions work.   Many 2nd and 3rd time home buyers ask the sellers for concessions (help in paying the buyers closing costs, pre-paid items, and/or tax prorations.) The confusion sets in for buyers when they make a strong offer on [...]

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Confusion abounds about FHA loan limits and MSHDA income limits in Macomb County MI

January 27th, 2012 · No Comments · Buyers agency, fha mortgages and first time home buyers, mortgages in michigan

A recent phone call that was placed to me from someone who had read many of my articles for first time home buyers leads to this one being written now.  The caller was confused because she had been led to believe that FHA had income limits, and that the loan limit was part of the [...]

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Low-ball offers and how they can affect your purchase of a Macomb County MI home..

August 3rd, 2011 · No Comments · Buyers agency, macomb county mi real estate market, tips for home buyers

I’ve heard it so often that I cringe each time I hear it from a potential home buyer: “So-and-so told me to never offer more than 50% of the list price” or some version of that sentence. My response? If the homes list price is double what the market value is, then by all means [...]

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Thinking about buying a home soon? Start your papertrail now for your mortgage – Advice for Macomb County MI home buyers

July 26th, 2010 · No Comments · fha mortgages and first time home buyers, mortgages in michigan, tips for home buyers

Normally when people think about buying a home they start out searching for homes on the Internet. They have their wish list and must have list in mind, they have a good idea about what city they want to reside in, and they have a bit of an inkling of how much their new home [...]

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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 [...]

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“Normal” sales versus foreclosure sales prices in Macomb County MI

April 23rd, 2010 · No Comments · macomb county mi real estate market

Last week I received an email from a past client who purchased a home in St. Clair Shores several years ago.  She wanted to know how sales were going in her area, and if we are seeing signs of market recovery yet. What I found was actually rather encouraging: A couple of homes similar to [...]

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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 [...]

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Only 34 business days left for the 1st time home buyer tax credit

October 8th, 2009 · No Comments · mortgages in michigan, tips for home buyers, Up to $8000 1st time home buyers tax credit

I dislike pressuring people, especially home buyers.  If you would ask my previous clients they’d be apt to say that I’ll talk them out of purchase rather than talk them in to one. That being said, if you are thinking about buying a home solely to take advantage of the first time home buyers tax [...]

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We’re getting down to crunch time – there *is* a deadline for the 1st time home buyers tax credit

July 29th, 2009 · No Comments · first time home buyers, macomb county mi real estate market, Tax credit for first time home buyers in Macomb County MI, Up to $8000 1st time home buyers tax credit

I wrote this article the other day and published it on my first time home buyers blog, and then decided to add it here.  (Something I don’t normally do – I don’t like to duplicate content as it appears to be spammy. ) This is so important though that I broke one of my own [...]

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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.