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August 2012 - Posts

What Can Hurt a Home’s Appraisal
Daily Real Estate News | Monday, August 27, 2012 --> Owners can take steps to avoid having their home appraised at a lower value than the asking price. “Taking the time to understand the areas that can positively influence your appraisal can help Read More...
Housing Market Shows 'Sustainable' Improvement
Daily Real Estate News | Monday, August 27, 2012 --> Home sales and prices are ticking up, despite a sluggish economy. In fact, the rebound has economists predicting that housing will likely add to economic growth this year for the first time in seven Read More...
2.50 acres w/storage shed, drive- Near Tons of State Land $8900
Near Tons of State Land • lot / land - MLS® $8,900 - Below market Value Union Township, Grand Traverse County - Country setting on 2.50 acres cleared & ready for building your home, hunting/weekend/snowmobile camp with 12x16 storage shed Read More...
Real Estate Prices Are Going Back Up
Illustration by Ian Michael Rousey By Jed Kolko Jul 8, 2012 6:30 PM ET House prices , after falling for more than five years, are rising again. All the major sales-price indexes show that there have been modest national increases in recent months, even Read More...
'Not Every Distressed Property Is a Bargain'
Daily Real Estate News | Tuesday, August 07, 2012 --> Foreclosures can offer some home buyers big bargains, with the typical discount on a foreclosure about 19 percent, according to National Association of REALTORS® data from May. But buyers should Read More...
Mortgage Closing Costs on the Decline
Daily Real Estate News | Tuesday, August 07, 2012 --> Closing costs have dropped by 7 percent over the last year, according to an annual survey on closing costs conducted by Bankrate.com. Closing costs average $3,754 nationwide. Title insurance and other Read More...
3.8% Investment Tax - Effective January 2013
Applies to: ! Individuals with adjusted gross income (AGI) above $200,000 Couples filing a joint return with more than $250,000 AGI Types of Income: Interest, dividends, rents (less expenses), capital gains (less capital losses) Formula: " e new Read More...