Silver Lake Lakefront Real Estate Sales

Silver Lake is a 101 acre all sports lake in Waterford Michigan- between Walton Blvd and Dixie Hwy and west of Silver Lake Rd. In the 2003-2005 peak times lakefront houses on Silver Lake typically sold in the three hundred, four hundred and five hundred thousand area with an occasional house selling in the six [...]

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Lotus and Maceday Lakes Lakefront Real Estate Sales

  Lotus and Maceday Lakes Lakefront Real Estate Sales   Maceday and Lotus are both all sports lakes and are connected for a total acreage of 419 acres. Maceday Lake is located in Waterford, Michigan. The majority of Lotus Lake is located in Waterford Township, but the northern tip falls into Independence Township (more commonly known [...]

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Michigan Tax Legislation Now in the House of Representatives- Good News for Home Buyers

Michigan Tax Legislation Now in the House of Representatives- Good News for Home Buyers A brief explanation of how Michigan property taxes work. We have what is called the homestead exemption for a person’s primary residence in The Great Lakes State, which basically means if the house is your primary residence you get a break [...]

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Why an Oakland County Michigan Foreclosure Listing May Not be the Best “Deal”

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 [...]

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The Foreclosure Process in Southeast Michigan

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 [...]

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Writing an Offer on a Southeast Michigan Home

Unless you’re a cash buyer, our standard purchase agreement contains a financing contingency. Even if you are pre-qualified you need this contingency to protect yourself. If your financial situation changes after writing the offer (such as job loss) you need the protection of the financing contingency. It also protects you if the house has problems [...]

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Oakland Michigan Foreclosure Listings Are NOT Available For Sale BEFORE Hitting The MLS

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 [...]

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I Got Burned!!! No- You Burned Yourself!

I got burned! I’ve heard it from more than one Oakland County buyer lately. They didn’t get the house they wanted. They wrote low and expected the seller to take it- even though the house was properly priced, even though it was a multiple offer situation, even though the buyer could afford to pay over asking [...]

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Pre Closing Walk Through- What is it? And Why You Should Do It

Pre Closing Walk Through- What is it? And Why You Should Do It The majority (if not all) of the purchase agreements used in Oakland and Lapeer County Michigan have a clause allowing the buyer to walk through the house up to 48 hours prior to closing. I typically like to recommend to my buyers [...]

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Maceday/Lotus Lakes- Clarkston and Waterford Michigan Lakefront Real Estate Sales

Maceday/Lotus Lakes- Clarkston and Waterford Michigan Lakefront Real Estate Sales Maceday and Lotus are both all sports lakes and are connected for a total acreage of 419 acres. Maceday Lake is located in Waterford Michigan. The majority of Lotus Lake is located in Waterford Township, but the northern tip falls into Independence Township (more commonly known as Clarkston). [...]

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