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Macomb County MI real estate blog

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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The tax credit that everyone is talking about - how this can help Macomb County first time home buyers.

August 11th, 2008 · 4 Comments · fha mortgages and first time home buyers, macomb county MI

On July 31st President Bush quietly signed into law the bill that was passed by the House of Representatives and members of Congress.
Part of this lengthy bill was a tax credit to those who purchase a home after April 9th 2008 and before July 1st 2009.
What wasn’t widely publicized and is now coming forward after [...]

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Neighbors helping neighborhoods - Sterling Heights

May 31st, 2008 · 2 Comments · sterling heights

One of the areas of Macomb County that has witnessed some sense of order and stability through the foreclosure crisis in our state is Sterling Heights.
The city of Sterling Heights has always been a stable city in terms of real estate bought and sold, and most times it has thrived. However it is [...]

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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.