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August 2010 - Posts

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 Read More...
5 Reasons Homeownership Trumps Renting
The seemingly endless run of bad housing news is discouraging some potential home buyers from considering a purchase. But the truth is that the advantages of homeownership have very little to do with investment gains. The best things about owning a home Read More...
Farmhouse,Barn,Guest House, 160 Ac. near Lake Michigan, Dunes, State Land
State Land, Dunes, Lake Michigan, Golf • 1,508 sq. ft., 1 bath, 4 bdrm 1 1/2 story "Farm House" - MLS® $995,000 - 160 Ac. + House & Barns Empire Township, Leelanau County - Unlock the possibilities- hobby farm, orchards, hunting Read More...
Spectacular Panoramic Bay Views
Garfield Township, Grand Traverse County - Announcing a price reduction on 4794 Grayhawk Blvd, a lot / land. Now MLS® $117,000 - REDUCED $28,000. Land Contract terms available. Views of both bays, Power Island, OMP, and city lights. Property informatio Read More...
Pros and Cons of Going Condo
Condominiums and townhouses offer an affordable option to single-family homes in many markets, and they’re ideal for those who appreciate a maintenance-free lifestyle. But before you buy, make sure you do your legwork. These are some of the important Read More...
5 Property Tax Questions you need to ask
1. What is the assessed value of the property? Note that assessed value is generally less than market value. Ask to see a recent copy of the seller’s tax bill to help you determine this information. 2. How often are properties reassessed, and when Read More...
Mortgage Interest Rates as low as 3.95%
Mortgage applications to purchase homes rose 0.3 percent on an adjusted basis last week, virtually unchanged from the previous week, according to the Mortgage Bankers Association weekly survey. On an unadjusted basis, purchases decreased 0.3 percent compared Read More...
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 Read More...
3800 + sq. ft. 3 BR 3 Bath, Golf Course, Huge Garage - Reduced $50,000!!!!
Acme Township, Grand Traverse County - Announcing a price reduction on 5076 Arrowhead Circle, a 3,821 sq. ft., 3 bath, 3 bdrm on World Famous Jack Nicklaus golf course- single story "Contemporary". Now MLS® $225,000 - REDUCED $50,000!!!!!!!!!!. Read More...
7.45-23.67 wooded acres, pole barn & shed $29,900-$74,900
7.45 wooded ac. w/barn & well • 1 bath other "acreage w/ pole barn & well" - MLS® $29,900 - Below Market Value Clearwater Township, Kalkaska County - Heavilly wooded / rolling hardwoods + 768 sq. ft. pole barn, shed, out house, Read More...
REDUCED $20K 3000+sq. ft., 4 br, 3 bath, 5.47 acres
Interlochen, Green Lake Township - Announcing a price reduction on 9459 Larchwood Ln., a 3,035 sq. ft., 3 bath, 4 bdrm single story. Now MLS® $225,000 - REDUCED $20,000. Motivated- Make offer! Property information Read More...
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. Read More...