Seller Information

Banks ARE lending money, they are just a quite a bit pickier about the particulars: who, what, how much, where, when etc… When I wrote this post about seller financing a few days ago, I really had no idea about how the floodgates would open. Frankly, there are very few land contract homes listed in [...]

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This morning I showed a new listing in Huntington Woods.  The cars were lined up as I left, with two other agents bringing through buyers.  I had passed another broker and her clients on my way in.  On this freezing cold Metro Detroit morning, that house is looking relatively hot. Sure, it has great curb [...]

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Tightened credit markets and a sluggish real estate market have sellers looking for ways to seal the deal. This week I saw a Birmingham builder do what he could to take control of the situation and set his properties apart. His answer: the land contract. Not only is he offering land contracts, he’s offering them [...]

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Sometimes the smallest little thing can prevent your home from being shown to a potential buyer.  I hate to state the obvious, but somehow we run into the same things over and over. This video is a favorite of our 5 year old. If you haven’t seen it yet, I think you will like it [...]

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Realty Times recently published an article titled “What’s In, What’s Out With Home Buyers in 2009?” . Author Mark Nash gives a rundown of how the real estate market may look this year and what he feels buyers are looking for. While Mr. Nash makes some very valid observations, I must take issue with a [...]

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Well, these tips will really work for sellers anywhere, not just in Oakland County. Take a look. It is a fresh presentation of some proven steps for getting your home sold. Engaging the services of a Realtor with a strong marketing strategy is a must in today’s Metro Detroit real estate market. Thanks to San [...]

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Each year limits are set on how much a conventional loan (non-government insured) can be and when a conventional loan exceeds the limit it is known as a jumbo loan.  Government loans (FHA insured) also have a limit and when a loan exceeds that limit the FHA will not insure the loan and therefore it [...]

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2008 has certainly provided for lots of unexpected surprises for Metro Detroit.  In January we will be rolling out a new series of posts for Metro Detroiters on how to deal with the challenges in today’s real estate market.  The good news: there are previously unseen opportunities for buyers.  Sellers, you are not left out, [...]

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When you are a landlord with a house to rent, it is so tempting to bite when you think you have a hot lead for a tenant. Last week I placed an ad on Craig’s List for our Beverly Hills rental home, in addition to our other marketing activities. The ad snared an interested party [...]

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While the holidays will be just a memory and an extra bag of garbage for pick-up in a couple of weeks, these weeks could be crucial for those who are actively listing and showing their houses.  Buyers who are braving the elements and interrupting their holiday commitments to view houses are serious about finding their next [...]

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Image via Wikipedia Would you be surprised to know that a house in Metro Detroit sold for nearly $10,000,000 this summer?  That’s a whole lotta cash, by just about anyone’s standards.  According to information from Realcomp II, 21000 Turnberry Lane in Novi, sold for $9,800,000 in August.  It wasn’t even officially on the market when [...]

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