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Staying calm when negotiating your home offer

Posted on December 29, 2012 Posted in Buyer Tips, First time home buyers

Home Negotiation tips Putting an offer in a home is stressful.  Let’s say you have put in an offer on a Plymouth home.  You are all hyped up about getting the home you have chosen.  You want the Metro Detroit home but you …

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Escrows, mortgage and real estate explanations

Posted on December 29, 2012 Posted in Buyer Tips, First time home buyers, Mortgage & Credit Info

Mortgage definitions Escrows  or escrow account – The easy explanation for escrows is a required savings account for property taxes and homeowners insurance (required by the bank). When a Michigan home buyer gets a mortgage they are sometime required to have escrows or …

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Merry Christmas

Posted on December 29, 2012 Posted in Miscellaneous Thoughts

Today is Christmas.  To me it has always been a very special day and time of the year.  Going to church, the family traditions, the family dinners, the family get togethers, of course the gifts.  I love giving gifts.  I …

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Detroit Lion bailout

Posted on December 29, 2012 Posted in Miscellaneous Thoughts

Yep we need a bailout for the Detroit Lions The Detroit Lions are going to become the NFL’s worst team in the history of the NFL (0-15) .  And I never thought they would be number 1.  Hell has frozen over here in Michigan too.  I am …

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Farmington MI foreclosures

Posted on December 29, 2012 Posted in Farmington Hills, Foreclosures, investment properties, landlord

Farmington Foreclosure statistics Farmington MI real estate is very similar to most of Metro Detroit real estate.  There are foreclosures in every Metro Detroit suburb in all price ranges.  Currently there are 8 Farmington foreclosures.  The lowest price one is 80,000 and the highest one over $180,000. There …

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