Why can’t I see that short sale?
Many times short sales are what I call an inside job. The owners/sellers are really selling the home to themselves or a friend. Sometimes it is to a new wife or a wife with a different last name. Yes that is …
Category: First time home buyers
Why am I paying for a mortgage title policy – Northville first time home buyer tips
Title insurance is often required to protect the lender against loss if a flaw in title is not found by the titlesearch made when the house is purchased. So the bank or lender requires a mortgage title policy to protect their interest in the policy. So …
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Lake front Oakland County home buyer tips – Zillow estimates
One of the best tips I can give lake front Oakland County home buyers is do not rely on Zillow estimates. Zillow is good in some instances in cookie cutter subs but not in all cases. Remember Zillow relies on public records. It draws from the immediate …
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Metro Detroit foreclosures – home buyer tips & real estate update
Where have all the Metro Detroit foreclosures gone? There is a definite slowing down of foreclosuresdue to several reasons. Short sales – There are more short sales being completed so those homes never become Metro Detroit foreclosures. Sheriff sales – When a home in Michigan goes into foreclosure the …
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Managing expectations – lake home negotiation tips
As a realtor we have to manage your expectations on what may happen during the negotiations. It does not matter whether it is lake properties in Highland Township MI or Cass Lake homes in West Bloomfield MI, This is a fine line for us realtors to walk. …
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