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  • Another Satisfied Customer

    Hi JonI just want to thank you for the great and wonderful service you have provided for my husband and I in purchaing our new home.You know I have grown up in a house hold full of real eastate professionals as well I worked in the custom home industry for quite some time, however when we found out that we were moving to another state I had no ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on September 27, 2010
  • Short Sales Tips for Sellers

    If you're thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. A short sale is one where the net proceeds from the sale won't cover your total mortgage obligation and closing costs, and you don't have other ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on August 30, 2010
  • National Home Prices are Firming Up

    The trend in firming home prices solidified in the second quarter with more metropolitan areas showing increases from a year ago, aided by a surge in home sales driven by the home buyer tax credit, according to the latest survey by the National Association of REALTORS®. In the second quarter, 100 out of 155 metropolitan statistical areas ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on August 11, 2010
  • Strategic Loan Defaults can damage your credit & more for years

    'Strategic Defaults' Can Damage Credit for Years Home owners who choose to default on their mortgage even though they can afford the monthly payments can expect to take a significant hit to their creditworthiness, some credit rating firms say. A record of the default — initially as much as 200 points — stays on a credit ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on August 2, 2010
  • Understanding real estate Agency Relationships

    It’s important to understand what legal responsibilities your real estate salesperson has to you and to other parties in the transaction. Ask what type of agency relationship your agent has with you: Seller's representative (also known as a listing agent or seller's agent) A seller's agent is hired by and represents the seller. ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on July 19, 2010
  • First Impressions: Get Instant Curb Appeal With These 10 Must-Dos

    By Christine Rae, Staging Expert The Internet is the first source for viewing a property for most buyers, even before talking to a real estate professional. That means curb appeal is important because they are “driving by” the listing, and you don’t know it. Here are 10 things to consider when assessing the curb appeal of ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on June 27, 2010
  • Understanding real estate Capital Gains

    When you sell a stock, you owe taxes on your gain — the difference between what you paid for the stock and what you sold it for. The same holds true when selling a home (or a second home), but there are some special considerations. How to Calculate Gain In real estate, capital gains are based not on what you paid for the home, but on its ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on June 15, 2010
  • Traverse City Real Estate Market Improves

    More Positive News for the Traverse City Area - Traverse City homes sales +8.71% from 2009!!! Despite all the gloom and doom we all still hear from the media Traverse City home sales are on the rise and expected to continue to do so.  From January 1st - May 30th 2010 Traverse single family home sales rose by 8.71% with 442 homes sold in ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on June 11, 2010
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