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Macomb County MI real estate blog

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 HUD key being able [...]

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

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

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 credit, [...]

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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 · Tax credit for first time home buyers in Macomb County MI, Up to $8000 1st time home buyers tax credit, first time home buyers, macomb county mi real estate market

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 rules. [...]

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Chesterfield Township (Macomb County MI) homes for sale under $100,000

July 26th, 2009 · No Comments · Up to $8000 1st time home buyers tax credit, chesterfield township, macomb county mi real estate market

I was out and about yesterday showing homes in Chesterfield Township (Macomb County MI) and realized that there are many wonderful homes and condos for sale under $100,000.  (Perfect pricing for those who are buying for the first time and are going to take advantage of the 1st time home buyers tax credit!)
Chesterfield Township has [...]

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A warning to first time home buyers wanting to use the $8000 tax credit –

June 7th, 2009 · No Comments · Tax credit for first time home buyers in Macomb County MI, Up to $8000 1st time home buyers tax credit, first time home buyers, macomb county mi real estate market, tips for home buyers

—You better start looking now.
I hate it when I sound like a “salesperson” (no offense to sales people intended) but things are going to get crazy-busy here in Macomb County during the months of September and October.
Already we are experiencing signs of what is going to come hurdling at us like an avalanche:

Multiple offers on [...]

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It’s about darned time! (Short sale addendums for purchase offers)

February 12th, 2009 · 1 Comment · macomb county MI, short sale advice in Macomb County MI, tips for home buyers, tips for home sellers

I am overly excited this morning about something that is probably not going to mean alot to many people - yet - but  will mean more clarity to those who are considering purchasing a short sale home in Macomb County.
First, exactly what does it mean when you see a home and it is advertised as [...]

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A response for Aaron Kelley - too lengthy to leave in the “notes” section

February 7th, 2009 · No Comments · fha mortgages and first time home buyers, first time home buyers, tips for home buyers, tips for home sellers

Mr. Kelley left a note on the side panel of this blog letting us know that he has his home for sale, and one of the incentives that he is using is to pay the first 6 months of a buyers mortgage payments.  Also, if a buyer can close within 30 days of an accepted [...]

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Tips to get through an FHA appraisal on a bank owned (foreclosure) purchase

January 16th, 2009 · 1 Comment · fha mortgages and first time home buyers, tips for home buyers, tips for purchasing a foreclosure

Wednesday of this week I had time to sit down and have a leisurely lunch with a mortgage represensative, Mike Caira of Great Lakes Mortgage Funding in Sterling Heights, that I think highly of and trust to give me the most accurate information.
One of the things that I wanted to know was if he is [...]

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Privately owned homes are selling in Macomb County

January 13th, 2009 · No Comments · Real estate market reports - Macomb County, chesterfield township, macomb county mi real estate market

Contrary to all the doomsday talk about home sales in Macomb County and across the state of Michigan, homes that are owned privately are selling.
Let me state this clearly:  Not all home sales in our area are foreclosure sales.
During the last month (December 2008) 208 homes that were privately owned sold.    Out of those [...]

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Facts the media isn’t shouting loudly or clearly

October 8th, 2008 · No Comments · fha mortgages and first time home buyers, macomb county MI, tips for home buyers

Macomb County MI home buyers have had a rough time of it lately with the medias continual reporting of the “Mortgage Meltdowns” and “Bail out Madness”.
Guess what? I talked with a local mortgage broker yesterday and he stated the following:  As of August 30, 2008 fourteen out of fifteen mortgages nationwide were current. (I [...]

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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.