Traverse City Area Real Estate

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 ...