February 2014

Found 27 blog entries for February 2014.

 Be Prepared

If this is your first time purchasing a house, you must have a lot of questions. You might be a little nervous that you'll mess up, and it's normal to feel that way. You are probably spending hundreds of thousands of dollars and making the most important financial purchase of your life.

For anyone buying thinking about purchasing a house there is a lot to consider and steps to be taken even before beginning the process of looking. Some of you will be first-time buyers, while others will be “boomerang” buyers who lost their homes in the housing crisis but are now hoping to get back in. Still others may see this as the best time to upgrade to a larger home, downsize to a smaller one, or to move to the retirement residence of their

979 Views, 5 Comments

Professionally Remodeled Livonia Home for Sale

 

This newly remodeled 3 Bedroom, 2.5 Bathroom  Ranch with finished basement is absolutely stunning with all of the custom finishes. It is in move-in ready condition and boosts numerous updates, which include gorgeous refinished dark walnut hardwood floors, beautiful tile flooring in kitchen and brand new carpeting. 

This house has been professionally remodeled. The kitchen is gorgeous, with all new stainless steel appliances, granite counter tops, with a stone back splash that brings the whole room together. The bathrooms are also so nicely redone, with tile throughout and brand new granite. The extra touches give this house such a warm feeling. 

                     

                   

2,713 Views, 4 Comments

 A Little Help Here Uncle Sam


Last week, the Federal Reserve of New York released their Household Debt and Credit Report, including national debt data in regards to mortgages and student loans. Student loan debt was reported at a total of about $1.08 trillion in the fourth quarter of 2013. This is much higher than credit card and mortgage debt, and is a more than 5 % increase from the 3rd quarter of 2013.

 Student loan debt is a serious problem in the U.S. and is going to be yet another hurdle for the housing market to overcome. Faced with mounting student loan debt, poor job prospects and slow rising wages, an increasing amount of 25 to 34 year olds ( important demographic of the housing sector ) have moved back in with their parents.

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Better Safe than Sorry

 

According to the U.S. Fire Administration, more than one-third of Americans use fireplaces, wood stoves and other fuel-fired appliances as primary heat sources in their homes. Unfortunately, many people are unaware of the fire risks when heating with wood and solid fuels.

Heating fires account for 36% of residential home fires in rural areas every year. Often these fires are due to creosote  (buildup in chimneys and stovepipes. All home heating systems require regular maintenance to function safely and efficiently.

This has been one of the coldest and snowiest winters Michigan has seen in a long time. What better way to stay warm than by a nice roaring fire? Here are some following safety tips to keep those fires

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The Listing Agent

 

A Listing Agent is a person who acts as an intermediary between sellers and buyers of real estate/real property and attempts to find sellers who wish to sell and buyers who wish to buy. (Wikipedia)  They are responsible for marketing the property, presenting purchase offers to the owner, and overseeing the transaction from proposal to closing. 

 A Listing Agent prepares listing and marketing material for the property, places the property in a multiple listing service (MLS) for other agents to access, and is responsible for staffing open houses, arranging private showings, and presenting and explaining offers to purchase real estate to the seller. The Agent will also attend to the details of an accepted contract, such

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“how long will it take?” 

One of the most common questions someone selling their home asks  

 

The length of time it takes to sell a home depends on many factors. First, there is the current market in your area. If there are a lot of people trying to buy houses in your neighborhood, it may create a seller’s market, which will help you sell faster. If more people are moving out of the neighborhood, you may be looking at a buyer’s market, making your home harder to sell.

Three important factors when selling a house are price, days on market and location. A smart strategy is to try and get multiple offers, this then tends to push the price higher. You should get an unbiased evaluation of your property with the intent of selling in 30 days and…
2,204 Views, 3 Comments

417 Thomas St, Holly MI


3-bedrooms/1-bathroom/988 sqft

This three-bedroom one bathroom house is Move-In Ready!  The home was newly rebuilt in 1997 and features vaulted ceilings and neutral paint tones throughout. The kitchen was remodeled with gorgeous brand new cabinet and vinyle flooring. The family room is very cozy, but feels roomy with the vaulted ceilings. There is a one car detached garage, and a large fenced in backyard.

The home is located in a quiet neighborhood, and is walking distance to several parks. The school district in Holly does very well and  Holly High School has a rating of 8 out of 10,  according to 'greatschools.com".

Holly’s Historic Downtown has stores and boutiques full of Michigan-made and hand-crafted

1,408 Views, 1 Comment

What Is a Closing?

 

Buying a house is an exciting time and the more you know about the process, the more relaxed and confident you will be going through it. The closing is when the house buyer and seller implement all of the agreements made in the sales contract. Meaning, it is about the transfer of money and documents so that the seller, can transfer ownership and possession of the property free and clear to the buyer. Also, you, the seller, will pay off all loans that you are still carrying on the house and pay all of the parties who provided documents or services to expedite the sale and closing.

The most common type of closing has both the sellers and the buyers of the home sitting at the closing table. A closing agent from the title or

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Pricing Your House

 

The real estate market is making a comeback and property prices are on the rise, if you wondered “what’s my home worth right now?” you are not alone. There are some people who try to guess what their property is worth but the problem with guessing is it’s hit or miss so to speak. 

The single most important factor to consider when selling a house is pricing the house correctly; it's picking the right price tag: how much your house is worth. Your house might be clean and the exterior painted, but none of that will matter if you list your home for sale at the wrong price.
You don't want to overprice the house because you will lose the freshness of the home's appeal after the first two to three weeks of showings. After 21…
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A Brutal and Costly Winter

This winter definitely has been a tough one to endure, with the Polar Vortex bringing the below freezing temperatures for many days, the unbelievable amount of snowfall, and then the 40 degree days, that melt the snow only for it to refreeze the next day. This is recorded as the seventh worst winter in Michigan. With the freezing and then thawing cycles it has left Michigan roads crumbling and full of potholes. According to Kirk Steudle, Department of Transportation Director, "As this brutal winter finally lets go, you're going to see one of the biggest pavement breakups that we've ever seen in our lifetime. It's already started"

The state Senate is considering a proposal to immediately inject $100 million into local

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