I have heard that too many times lately? Many homeowners are now regretting they bought Michigan homes in the last few years. They bought at the top of the market. They paid top dollar. They wanted “that home”. They had to …
My real estate agent didn’t care about me – all they wanted to do was sell me a house Read more »
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 …
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 …
So What is a comparative market analysis (CMA)? We Realtors use them to help Metro Detroit Michigan sellers and buyers determine the values of their homes. Is a comparative market analysis give the true or absolute value of a home? NO Just like an appraisal a CMA is only a professional opinion …
Comparative market analysis (CMA) Metro Detroit real estate explanations Read more »
Comparables – You are buying Northville real estate and your Realtor says he will check the comparables for you. What does comparables mean? A comparable is sold homes that are similiar to yours. A good comparable is: very close in location to the subject property. In the …