Traverse City Area Real Estate

BUYERS TAKE NOTE: AS OF TODAY 11/25/08   5TH 3RD MORTGAGE IS OFFERING 30 YEAR FIXED RATE MORTGAGE FOR 5.625%   AND 15 YEAR FIXED FOR 5.5000%  (subject to individual qualification of course).  CONTACT : BECKY COLLIER 231-995-4761 or Becky.Collier@53.com tell her Jon sent you!  PLEASE CONTACT JON FOR YOUR ...

November 18, 2008 Four out of five metropolitan areas recorded lower home prices in the third quarter from a year earlier, while existing-home sales fell in 32 states from the second quarter, according to the latest quarterly survey by the National Association of Realtors®. In the third quarter, 28 out of 152 metropolitan statistical areas ...

Many consumers consider selling their home directly but eventually turn to REALTORS®. Smart home sellers realize they need the expertise in pricing their home, making connections with REALTORS® working with buyers, arranging and staffing open houses, and coordinating with other professionals in the sales process. Only about half of all ...

REO vs. Foreclosure An REO (Real Estate Owned) home is a property that goes back to the mortgage company after an unsuccessful foreclosure auction. You see, most foreclosure homes do not sell at auctions and most don’t even generate bids. If there was enough equity in the property to satisfy the loan, the owner would have probably sold the ...