Michigan Foreclosures- New Buyer Fee to Consider It is customary in Michigan real estate transactions for the seller to pay the transfer tax- both state and county- to the tune of .86 of a per cent of the sale price. Bank owned homes backed by Fannie Mae and Freddie Mac have been exempt from this [...]
Posts Tagged ‘foreclosures’
Michigan Foreclosures- New Buyer Fee to Consider
Posted in distressed sales, Foreclosures, making an offer, tagged bank owned homes, buyer closing costs, fannie mae, foreclosure, foreclosures, freddie mac, government owned homes on October 26, 2011 | Leave a Comment »
Buying a Forelcosure Home in Southeast Michigan
Posted in distressed sales, Foreclosures, making an offer, tagged bank owned homes, distressed properties, foreclosures, real estate on October 21, 2010 | 3 Comments »
Buying a Forelcosure Home in Southeast Michigan Like with my short sale posts, I still haven’t organized my categories or tags for my foreclosure articles. So in the meantime I figured I’d cheat a bit and paste the links all in one post. Why an Oakland County Michigan Foreclosure Listing May Not be The [...]
Lake Orion Michigan 3rd Quarter Home Sales- Cold Hard Facts Refute Media Reports Regarding Foreclosures
Posted in Lake Orion Michigan, market conditions, tagged bank owned homes, distressed properties, foreclosures, lake orion michigan, lake orion michigan real estate, market conditions, short sale, short sales on October 14, 2010 | Leave a Comment »
Lake Orion Michigan 3rd Quarter Home Sales- Cold Hard Facts Refute Media Reports Regarding Foreclosures. Which is a fairly nice way of stating that, again, the main stream media is full of shit and spreading alarmist and untruthful information regarding the state of housing sales. I kept hearing all day how foreclosures in Michigan are [...]
Is This a Trend? Clarkston Michigan Sales are Up AGAIN!
Posted in Clarkston Michigan, market conditions, tagged bank owned homes, clarkston michigan, foreclosures, home prices, market conditions, short sale on September 30, 2010 | Leave a Comment »
Is This a Trend? Clarkston Michigan Sales are Up AGAIN! Let’s hope it is. The past couple days I wrote similar posts for Lake Orion and Oxford. And today I’m happy to write that sales are up, AGAIN, in Clarkston Michigan. The median sales price was up for the first half of the year, up [...]
Oxford Michigan Homes- Prices Up! Inventory Down!
Posted in market conditions, Oxford Michigan, tagged distressed properties, foreclosures, home prices, market conditions, oxford michigan, real estate, short sale on September 28, 2010 | 2 Comments »
Oxford Michigan Homes- Prices Up! Inventory Down! Does this mean Oxford Michigan real estate has reached rock bottom? Who knows? What I can state is that at the end of August: Unit sales are up 17.5% Median sales price is up 15% Total sales volume through August 2010 was $30,807,690 vs $22,988,190 in 2009. In [...]
Some Energy Tax Credits Due to Expire in a Few Months- Reduce Your Bills and Get Some of Your Tax $$ Back
Posted in tax credits and incentives, tagged bank owned homes, distressed properties, energy tax credits, foreclosures, tax incentives on September 28, 2010 | Leave a Comment »
It’s no big secret that Michigan residents in general have been going through some rough economic times. I say in general, because not everybody is hurting. But with unemployment/underemployment at 20% or more many Michiganders have felt a financial pinch. Some of that financial pinch shows in many of the houses that have sold in [...]
Why an Oakland County Michigan Foreclosure Listing May Not be the Best “Deal”
Posted in distressed sales, Foreclosures, making an offer, tagged bank owned homes, clarkston michigan, distressed properties, foreclosures, lake orion michigan, lapeer michigan, oxford michigan, waterford michigan on September 24, 2010 | 1 Comment »
Why an Oakland County Michigan Foreclosure Listing May Not be the Best “Deal” I often get inquiries from potential buyers who want to look at foreclosure listings. No short sales. No “regular” listing. Just foreclosures. Sometimes foreclosure listings in Oakland and Lapeer County Michigan are GREAT deals. Often times foreclosure listings are grossly under-priced. And [...]
The Foreclosure Process in Southeast Michigan
Posted in distressed sales, Foreclosures, tagged bank owned homes, clarkston michigan, distressed properties, foreclosures, lake orion michigan, lapeer michigan, oxford michigan, waterford michigan on September 23, 2010 | 1 Comment »
The Foreclosure Process in Southeast Michigan Many of the numbers the media likes to spout about homes going into foreclosure are a bit exaggerated. When you read about the number of homes in foreclosure the stats often quoted are the notices of foreclosure that have been served- not the new bank owned listings. There are [...]
Oakland County Michigan Home Buyer- Find a Foreclosure Listing You Want? Jump on It!
Posted in distressed sales, Foreclosures, making an offer, tagged bank owned homes, clarkston michigan, distressed properties, foreclosures, jackie's pearls of wisdom- buyers, lake orion michigan, lapeer michigan, oxford michigan on September 19, 2010 | 3 Comments »
Oakland County Michigan Home Buyer- Find a Foreclosure Listing You Want? Jump on It! Dear Home Buyer, While it is true that we are currently in a buyers market here in Oakland County Michigan if you define a “buyer’s market” as follows: low prices, low interest rate. One thing that is strange about this market [...]
Oakland Michigan Foreclosure Listings Are NOT Available For Sale BEFORE Hitting The MLS
Posted in distressed sales, Foreclosures, making an offer, tagged bank owned homes, clarkston michigan, distressed properties, foreclosures, homes for sale, lake orion michigan, lapeer michigan, oxford michigan, real estate, waterford michigan on September 17, 2010 | 1 Comment »
Oakland Michigan Foreclosure Listings Are NOT Available For Sale BEFORE Hitting The MLS I am asked multiple times a week if I can let someone know about Oakland County Michigan foreclosure listings before they hit the market. When I say “there is no way” I am then often asked about RealtyTrac. RealtyTrac reports foreclosure notices. Many [...]
