Archive for July, 2008
A Plea for Sellers who WANT to SELL their Metro Detroit Home
0 Comments Published July 30th, 2008 in Beverly Hills MI Real Estate, Birmingham MI Real Estate, Bloomfield Hills MI Real Estate, Buyer Information, Luxury Homes, Market Updates, Metro Detroit, Royal Oak MI Real Estate, Seller Information, Troy MI Real Estate.The last few months have been whirlwind for Dmitry and me. In spite of all that you hear about the crummy housing market, we, through hard work, good fortune and a bit of creative thinking, find ourselves square in the middle of our best year in real estate-EVER. Yes, you read that right. Our best [...]
Breaking News: Tax Credit for Home Buyers!
1 Comment Published July 29th, 2008 in Buyer Information, Finance, Ken Mascia on Mortgages and Finance, Taxes.I think we can all agree the housing market needs a little kick in the pants right now! Well, your Federal Government to the rescue. This week congress passed a Housing Rescue Bill which will attempt to do a number of different things from foreclosure avoidance assistance, tax credits to some home buyers [...]
Here’s a true story that tops my list of foreclosure experiences so far. Unfortunately, the list is longer than I care to recall.
Not so long ago Dmitry and I listed and sold a Birmingham foreclosure that had previously been owned by a builder who had tried to sell it for about $2,000,000. He couldn’t find [...]
Reality Not So Real on Home Staging TV Shows
1 Comment Published July 28th, 2008 in Dear Mr. and Mrs. Seller, Marianne Sweet on Home Staging, Seller Information.A new program about home staging is set to debut on HGTV Sunday night (10pm EST). The Stagers joins a plethora of shows (six that I can think of off the top of my head) focusing on preparing a house for a quick sale. This one promises to “go inside the hectic world [...]
Guideline Change for Rental of Current Home
6 Comments Published July 3rd, 2008 in Finance, Ken Mascia on Mortgages and Finance, Seller Information.Breaking News!
Fannie and Freddie are changing the rules on how payments on existing primary homes are treated when a buyer is purchasing a new home and plans to rent out the old house. In the past, we have been able to offset the payment on their existing home by showing a lease [...]
