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All Blog Posts Tagged 'real' (9)

How to Tell A Buyer from a Solicitation

I recently ran into a situation where a client of mine was solicited by a REALTOR who claimed to have a buyer for his property. The owners had listed with me for a year and we were in the process of renewing the contract.  The market  had improved…

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Added by Up North Bill on March 6, 2014 at 1:46pm — No Comments

A Buyer's Strategy for 2013

A different year, a different real estate market.  If you're seriously considering purchasing a new or second home in Northern Michigan in 2013, it's time to hit the reset button.  The market is changing and so should your ideas about how to shop for a home.

What's Changed?

In most areas in Northern Michigan prices are rising and the number of  the most desirable homes on the market are decreasing. Last year saw the healthiest market in five years. The average sales…

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Added by Up North Bill on February 27, 2013 at 1:17pm — No Comments

Timing the Up North Real Estate Market

It's one of those annoyingly consistent and ignored pieces of financial advice universal among professional investment advisers -- "don't try to time the market." They are usually discussing the stock market. Nevertheless, most of us hear that voice rattling in our heads when we look at our largest single financial commitment (outside of kids) -- buying and selling real estate.

Ironically, if the last real estate downturn taught us anything, it was "timing IS…

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Added by Up North Bill on February 4, 2013 at 2:30pm — No Comments

Ho, Ho, Home Sales

Christmas is coming early for area home buyers and sellers
Michigan first time homebuyers (any state resident who has not owned a home for at least three years) can soon qualify for a grant for up to $3,000 toward the purchase of a principal residence, $5,000 for active military and veterans. There are no income limits nor restrictions on the purchase price of the home. The grant just cannot exceed 25% of the purchase price. (Since there aren't a whole lot of desirable $20,000…
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Added by Up North Bill on December 6, 2012 at 1:35pm — No Comments

Exorcizing the '70's

If you want to see a REALTOR wince, tell him you have a late 60's early 70's home to sell that "might need a little updating."  Why? Let me count the ways:

            First, "a little updating" in this era can mean things such as "green shag carpets", orange patterned kitchen vinyl flooring and…

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Added by Up North Bill on June 5, 2012 at 3:50pm — No Comments

Your Cash Is Waiting, Up North Home Buyer

When the federal, first time home buyer tax credit ended in April 2011 many left the market thinking that incentives had disappeared. If you're talking up-front incentives you'd be right. But for many qualifying first time buyers and those in  targeted areas in Michigan (and that includes all…

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Added by Up North Bill on May 5, 2012 at 1:30pm — No Comments

5 Ways NOT to Sell a House

 

We all have encountered them -- friends, family, neighbors, co-workers and strangers who "inexplicably" can't sell their home. They'll tell you it's the market, the economy, the neighborhood, stingy lenders, even the weather. And sometimes they're right. Other…

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Added by Up North Bill on April 20, 2012 at 2:00pm — No Comments

Sales Are Marching On

Recently our local papers began trumpeting the "sudden" rise in sales activity in the local real estate market  (Regional Home Sales Jump in Feb. ) and some are wondering if this is just a patch of fair weather that brought out the optimists or if a trend may be taking shape.  Were I a betting man I would say it was the latter not the former. Here's why:

1. Mortgage rates are…

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Added by Up North Bill on March 26, 2012 at 1:23pm — No Comments

November Is the Best Time



 

                “It was the best of times, it was the worst of times…” …

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Added by Up North Bill on November 1, 2011 at 2:54pm — No Comments

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