Tag: homebuyers
SE Michigan News
SE Michigan News
Past, Present and Future Markets
The Great Recession impacted the housing market greatly and our current market has an interested mix of rising interest rates, high buyer demand, low inventory and rising home prices. All this has some questioning do we have a housing bubble and if so is it going to burst. We discuss how past markets and conditions led us where we are today and what is on the horizon.
Click here to listen: https://www.spreaker.com/episode/49589842
SE Michigan News
How to Prepare Your Home for Photos and Showings & Shopping for a Mortgage
When it comes time to sell your home, where is your time and money best spent when doing upgrades? We discuss some relatively inexpensive ways you can update your home without spending a lot and how to make a plan months out so you can tackle items one at a time without a frantic race before listing. We also chat about photographing your home and things the camera will pick up that you may not notice when living in the home. And then we discuss mortgage companies and why shopping around for a mortgage matters.
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SE Michigan News
Tips to Invest in Real Estate & What to Know about iBuyers
Real estate investing has helped to create some of the world’s wealthiest people and can be a critical part of your investment portfolio. We discuss some of the reasons why real estate can be a good investment and what you should know about location. We also share the importance of know your your numbers (purchase price v rental price), how to find tenants, leases and more. And then we turn to iBuyers and the companies that offer to buy your home online. They tout a quick transaction and ease of use, but we have some critical thinks you need to know before using these services, including that you often don’t get paid on the day you sign your home over to them.
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SE Michigan News
Fall Home Maintenance Tips & Why to Donate to the Furniture Bank
Fall is the perfect time to prepare your home for the coming harsh winter months. We walk through a checklist for both the interior and exterior of your home and cover everything from gutters to furnace filters to attics and much more. Paying attention to your home now can save you money and repairs down the road. And then if you are getting ready to sell, move or simply looking to declutter your home, once you determine the items that you no longer need, now what? The Furniture Bank of Southeastern Michigan is a local non-profit that will come and pick up your gently used furniture (such as beds, couches, tables) and in turn get your donated furniture into the homes of families in need. Learn more about the Furniture Bank and how you can get involved.
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SE Michigan News
Hispanic Homeownership & Home Warranties
Hispanic home ownership is on the rise. We discuss what is behind the increase in Hispanic home ownership and what some of the unique opportunities and challenges faced by Hispanics on their path to owning a home. Then we chat with a Michigan CEO about his view of our economy and what to expect for the balance of the year. And we discuss how home warranties can help your finances and protect your home.
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SE Michigan News
How to Prepare Your Home for Sale & Flooring Options
Preparation is the key to success when selling your home. From when to reach out to an agent to making needed repairs/updates to how much will you pocket from your sale, we have tips to help you be prepared to successfully sell your home. And when the time comes for your floor to get an updated look, you have many options – perhaps too many. We explain some of today’s more popular options including carpet, hardwood and laminate and what may be the best choice for your situation.
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SE Michigan News
Mature Adults and Millennials: What Are Their Unique Housing Needs?
Mature adults and millennials are two different demographic groups with different needs and challenges when it comes to time to buy or sell a home. For those over 50, you may realize that your housing needs and wants are changing. But while this demographic is often referred to as “boomers” there are differences between those in their 50’s and those in their 70’s. We discuss the unique features you will navigate when it comes time to buy or sell at this stage of life. And with millennials being such a large percentage of buyers, we highlight what they value in a home. You may be surprised to learn pets, privacy and home offices are important.
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SE Michigan News
What to Know about iBuyers and How to Pick the Right Agent
Why does the market have a sluggish feel despite low interest rates, low inventory and low unemployment? We tackle what factors are impacting the market. And iBuyers promise to make selling your home easy but you do need to do your due diligence on these companies. Many charge fees upwards of 7% and some don’t pay you on the day you sign over your home. We share what you need to be understand about iBuyers before using them to sell your home. And when you are ready to sell, we have tips to help you find the right Realtor for you and share what questions you should be asking them.
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SE Michigan News
Understanding a Comparative Market Analysis
Trying to determine how much your home is worth? Enter the Comparative Market Analysis (CMA). We explain what data is included in tool used by agents to dissect the market and help sellers with the appropriate pricing for their home. After pulling the data on things like recently sold properties and active listings how much do agents add with their knowledge of the local market and any updates your home may have. We also discuss how the value you may find for your home on your own doing research online or using a third-party tool is often different than what your local agent will have and why. And while CMAs sound similar to an appraisal they are different and we share the differences and how CMAs are also a useful tool for buyers.
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