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Posts Tagged ‘clarkston mi homes’

Clarkston MI boasts an excellent location with I-75 intersecting the township twice – M-15 and again at Sashabaw. It is the fourth largest township in Oakland County with a population of approximately 32,000 residents. Independence Township can be characterized as a growing residential community. Shopping centers and professional services have sprung up along the main thoroughfares to provide all local conveniences. Listed in the Michigan National Features Inventory are the extant buildings of the old Henry Ford farm used for testing tractors. Independence Oaks County Park, DTE outdoor music theatre, the Pine Knob ski area and an extensive public recreation program provide recreational opportunities.

Clarkston has a downtown business district which has been designated a national Historical Site. The charm of the downtown conveys a nostalgia and picturesque setting that everyone enjoys. With numerous homes on the historical register, the City of the Village of Clarkston is a lively small town surrounded by a rapidly growing area.

In the 1990’s and early 2000’s the Clarkston area (Clarkston, Independence Township and Springfield Township) was just booming. New construction was going in, lake cottages were re-built into large year ’round homes. Prices soared. Then the economy tanked and like every place else, Clarkston was hit. We have had and still have our share of foreclosure and short sales. Prices tumbled.

The good newsPrices are on the rise as the amount of distressed sales have been declining.

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More good news– All those beautiful subdivisions that were created during the good times are still there and between the low prices and the even lower interest rates, homes in those neighborhoods have become more affordable. Area amenities that always come with growth are still there. And the physical location is still great as far as access to expressways to go to Detroit, Flint, Auburn Hills, Troy, etc. The proximity to state and county land. City and township parks. Lakes for both fishing and playing with public access for both beach and boats. Shopping, eating, just about anything one can ask for in a home town.

Clarkston Lake Homes For Sale

Deer Lake

Lake Oakland/Woodhull Lake

Maceday/Lotus Lake

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North Oakland County Homes- The Faster They Sell The Higher They Sell For

The quick sales tend to be the appraisals I sweat out the most. A well priced house will sell quickly. The best prices I’ve gotten for sellers have been the quickest sales.

Last year I listed a 4 bedroom colonial in Wyngate, Clarkston MI. It was the highest priced sale in the sub in 2011- the highest price since Sept 2010. We got 2 offers the first weekend and took the cash offer so we wouldn’t have to worry about an appraisal.

We listed a house in Stonegate, Clarkston MI, Springfield Township last year and priced it on the high side. It sold in the first week and was the highest sale since May 2008, and the first time that sub sold for above $300K since June 2008. It paved the way for other sales. 2 other homes sold for over $300,000 shortly after ours sold.

I had a listing in Waldon Creek, Clarkston. I put into the MLS on a Friday night before a blizzard, and that house still had 13 or 14 showings that weekend and 4 offers. Again, we got top dollar for the neighborhood.

I just listed a 4 bedroom colonial in Paint Creek Ridge in Lake Orion and I expect the same results as above.

There is a shortage of nice homes for sale in North Oakland County and when a good listing hits the market, it sells quickly and a bit high. Multiple offers and quick sales are common on nice, undistressed properties that are properly priced. And they tend to sell a bit on the high side.

We are seeing this often on the buyer side, too. When something new hits the market, or an existing listing drops their price to where it should be, it can become like a feeding frenzy. Multiple offers are common and don’t be surprised if you are competing against cash offers. And don’t be surprised if you end up paying over asking price or lose out on your first choice of home to live in.

Right now the inventory is low in North Oakland County– about a 3 to 4 month supply depending on where you are. And a large percentage of what is on the market is nasty, or over priced, or both…

If you plan on buying a home in this current market, you need to come in with strong financing or proof of cash. You need to come in with a game plan. Are you able and willing to wait on a short sale? Negotiating a short sale is different than negotiating a normal sale or foreclosure. Negotiating a normal sale in 2012 is different than in years past. Seller motivation is different. Obstacles to the closing are different.

If you are considering buying a home or cottage in North Oakland, Lapeer or Genessee Counties please don’t hesitate to contact me.

Jackie Hawley
(248) 736-6407
Jackie@JackieHawley.com

What if the Appraisal is Low?

Choosing a Buyer’s Agent

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Independence Oaks County Park Clarkston MIIndependence Oaks County Park, Clarkston MIOffers Something for Everybody Year ‘Round

The last couple summers I took my continuing education (6 hours/year for license renewal) at Independence Oaks County Park with another real estate office. There is no better way to learn dry legal updates than in the middle of 1100 acres overlooking a lake.

Independence Oaks County Park is located at 9501 Sashabaw Rd, Clarkston MI about 2 /12 miles north of I-75 exit 89.

Independence Oaks consists of 1088 acres with 68 acre Crooked Lake, about 10 miles of marked natureindependence oaks county park clarkston mi and ski trails, overnight camping area, boat launch (non motorized boats) and boat rental. Picnic areas, ball field, sand volleyball courts, playground. horseshoe pits…

For the bird lover Independence Oaks boasts an extensive bluebird trail and from March through August you have a good chance of seeing both bluebirds and tree swallows. More than 150 species of birds have been sighted here.

Independence Oaks also offers restrooms with flush toilets as well as port-a-johns.

independence oaks county park clarkston miThe Lewis E. Wint Nature Center offers exhibits and year-round educational programs conducted by park naturalists. The Cohn Amphitheater accommodates 150-200 guests, and the Rubach Sensory Garden boasts a gazebo and water garden.

Independence Oaks County Park is just one of the many attractions that makes living in Clarkston MI and the surrounding areas a desirable proposition. You can “vacation” after work or on the weekends and never really leave home.

Independence Oaks State Site

Independence Oaks County Site

Clarkston MI Homes for Sale

Oakland County MI Area Information and Homes for Sale

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For Sellers

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Jackie Hawley

ReMax Encore, Clarkston MI

Cell: (248) 736-6407

Jackie@JackieHawley.com

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Clarkston Michigan Home Buyer- How to Calculate Your New Property Taxes

Right now in Clarkston Michigan many houses are assessed higher than their true market value. Many home buyers are under the false assumption that they will only be stuck with that tax for the first year. That the new assessment will be half the sale price. This is not correct!

When I show you houses, one of the sheets attached to the listing is the public record report for the house that is available through our MLS. This public record sheet (or PRD) will give the taxable value and the state equalized value as well as the annual tax amount.

The taxable value is the number used to calculate your taxes. The taxable value times the millage rate equals your annual tax bill.  Upon transfer of deed (sale) the SEV will become the new taxable. In this market there’s a good chance the SEV will be higher than half the sale price.

I showed a house the other evening that is listed for $278K. The SEV and the taxable are both $163,610. Multiply that by 2 and you will be taxed like your house is worth $327,220. That is going to make a difference on your monthly payment.

This isn’t to say your assessment won’t drop next yearstate law states that the assessed value is to be one half of the assessor’s estimate of market value of your property and that the taxable value has to be less than or equal to the assessed value. And once ownership is transferred and a new taxable in place, that taxable value is capped at 5% or the rate of inflation- whichever is less.

Many townships are dropping assessments across the board. The house in the above example was assessed at $198,670 in 2006 and has dropped each year since. You may also fight your assessment through your township and appeal to the state if you are not satisfied with the results.

For the purpose of determining what your costs will be when purchasing a home, you should figure the worse case scenario and figure your new payments based on a tax amount that uses the SEV plus 5%. When your taxes end up lower- treat yourself! Or put it against the principle of your house.

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Homes for Sale in Clarkston MI

Lakefront Homes for Sale in Clarkston MI

For Buyers- Choosing an Agent

For Buyers- Financing

For Buyers- Negotiating the Purchase

Jackie Hawley

Keller Williams Realty
cell: 248-736-6407
email:
Jackie@JackieHawley.com

web: www.MiRelocation.com

Search The MLS

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