March 2014

Found 30 blog entries for March 2014.

Listen to Your Real Estate Agent

Selling a home in today’s market can be a bit frustrating. There is a lot of home staging and property preparation advice out there, and some of it seems daunting or impossible to follow unless you already live in a luxury home or have a lot of money set aside to get your home ready to sell.  If not you still do  have more control than you may realize over how desirable your home looks to potential buyers. In order to know what turns a buyer on you need to know what turns a buyer off.

A lot of sellers don't listen to their real estate agents and your agent can't get you the price you want unless your home is in pristine move-in condition. That means no sticking drawers in the kitchen - No broken, paint chipped fences

969 Views, 4 Comments

 Rural Meets Urban

An old dairy barn will soon be built in the City of Detroit- Scott Lowell and his wife Carolyn Howard who own the Traffic Jam & Snug Restaurant in Midtown and the Forest Arm Apartments are looking at three different locations to reassemble the barn, two lots in Midtown as well as another site in Corktown. Waiting on city approvals, the three-level barn, which includes a lower level, a main floor, and loft space, would open next year, for a restaurant, music venue, assembly hall, or other venue. 

Built in Alto, southeast of Grand Rapids, in the 1880s, the Howard/Kelly Barn was  built on property owned by Carolyn's family. It is crafted from oak, beech, maple, and pine. It was constructed by the Wride family, a father-and-son

2,955 Views, 1 Comment

Closing Cost Assistance

On Thursday, March 27,  Fannie Mae (FNMA/OTC) announced due to strong buyer response,  it will extend the deadline for an incentive program that allows home buyers to receive up to 3.5% in closing cost assistance on purchases of its HomePath foreclosed properties (this is a home that is owned by Fannie Mae, usually as the result of a foreclosure or owner forfeiture). During the FirstLook period, owner-occupant or public entity buyers are able to submit offers on HomePath properties, giving them the opportunity to purchase a home without competition from investors.  The FirstLook period is in effect for the first 20 days a property is on the market.  

Fannie Mae's innovative First Look marketing period contributes to

673 Views, 0 Comments

 

Not Welcome in Atlanta

Justin Bieber is ready for a new neighborhood — and not in California. The teenage superstar is house hunting 2,000 miles away in Atlanta, GA. According to People.com Bieber is interested in a 16,000 sq ft house with 7 bedrooms and 13 bathrooms. Also,this house would give him a lot of privacy because it’s filled with large trees and surrounded by a huge gate. It also features a 70 foot pool, a home theater, a wine cellar, an elevator and a home gym. The Tuxedo Park neighborhood that the home sits in is considered the Ferrari of real estate in Atlanta. It is also reported that he wants to move to Atlanta to be near his mentor Usher.

                                      

While this home shows that Bieber is

1,724 Views, 1 Comment

Fannie and Freddie

 

While mortgage guarantors Fannie Mae and Freddie Mac have turned profitable in recent months after its epic $187.5 billion taxpayer bailout in 2008, the future of these entities remains uncertain. As home prices have recovered over the past five years, Fannie and Freddie are expected to send $202.9 billion in dividends to the U.S. Treasury by the end of March.

Still, lawmakers are trying to decide what role the companies will play in the housing market going forward. A bipartisan Senate legislation announced it would install a new mortgage insurance system, instead of Fannie and Freddie, relying more on private investors responsible for potential mortgage losses, instead of taxpayers and the government immediately stepping in

1,089 Views, 5 Comments

'Get Off the Couch and Into the Trees'

The Detroit suburb of West Bloomfield is the new home of an aerial forest adventure park that will likely encourage visitors to relive their childhoods. The Adventure Park in West Bloomfield is all about active participation - there are no motorized rides in the park. The park is essentially an obstacle course in the trees and includes climbing, zip lines and combinations of the challenge bridges and zip lines. The West Bloomfield park will have 10 courses, which are color-coded, with purple — the easiest — being a 12- to 20-foot-high course, and double black diamond — the most difficult — being 65 feet in the air. As one progresses through the difficulty levels, the bridges become less stable, requiring more

2,819 Views, 1 Comment

Picturesque

This incredibly maintained 2 bedroom, 1 bathroom ranch home resides on an oversized lot with very picturesque views from all windows. The home has an open concept floor plan, which makes the house very airy and roomy. The open floor plan is also perfect for hosting parties and entertaining.

This home also features a working fireplace made of stone to keep you warm on those cold winter nights, or cool summer nights. Speaking of summer nights, this home has a window encased Florida room, that you can relax, enjoy the warmth of the sun, while taking in the beautiful view. There is also extra storage with the 2 car garage and an additional storage shed on the back of the lot.

This house offers the ability to be able to enjoy living

759 Views, 2 Comments

Stop Renting...Become a Homeowner

As the housing market slowly moves into recovery, more and more Americans are becoming more confident and hoping to be able to become a home owner. The home ownership rate has been dropping steadily since its high of 69.2% in 2004 to now just 65%. Millions of people lost their homes to foreclosure and millions more never entered the market, worried about the falling home prices. Now, 10%  of renters in the U.S. say they would like to buy a home in the next year, according to a new report from Zillow, which surveyed renters in the 20 largest housing markets in the U.S.

If all the renters who said they wanted to buy a home in the next year actually did, that would represent more than 4.2 million first-time home buyer

1,081 Views, 0 Comments

 How The Rich Do Disney

Disney is synonymous with childhood magic. For many Americans, family vacations to the Magic Kingdom are as much a rite of passage as are grumbling about the exorbitant costs of food and water – and now admission – at the various parks. (FoxNews.com) But for some, the love of Disney goes above and beyond just a vacation to Florida with the kids.

For those who can afford it, there is a VIP experience at Disney World that includes avoiding the long lines for rides, hiring  tour guides to help maneuver around the park,  exclusive meet and greets with Disney characters and the chance to have special events such as weddings and anniversaries there.

Yet, hold on...there is still one other level of prestige: you can

1,424 Views, 1 Comment

The Future is Now


What if all the devices in your life could connect to the Internet? Not just computers and smartphones, but everything: clocks, garage doors, speakers, appliances, you name it," said PC Mag. "And what if they could all communicate and take your commands? It's not science fiction, it's the ‘Internet of Things' and it's becoming a key tenant to home automation.

Home automation has been said to be the future for us since the 1950s. However, only now are we beginning to truly understand how much easier it makes our lives. Through Wi-Fi enabled home automation systems, you can command your home to switch on the lights, turn the air on, boil a kettle of tea, microwave a meal, vacuum the house and even fill a bath up without

866 Views, 3 Comments