gift

The Gift Of Housing This Season

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Homebuyers often have difficulty gathering enough cash for their down payment and closing/settlement costs, so asking a parent, grandparent or relative to help by providing a tax-free gift may be a solution. As the end of the year quickly approaches, remember that tax-free gifts can be made once per calendar year. That means a gift late in 2016 can be repeated just weeks later in the new year to help you build savings for a home purchase early in 2017.     For 2016, an individual is allowed to give up to $14,000 in cash (or valuables) to any other …

lessons

A Lesson In Real Estate That Everyone Should Know

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These Are The 6 Lessons In Real Estate That Everyone Should Know                                       Lesson #1 A man is getting into the shower just as his wife is finishing up her shower, when the doorbell rings. The wife quickly wraps herself in a towel and runs downstairs. When she opens the door, there stands Bob, the next-door neighbor. Before she says a word, Bob says, “I’ll give you $800 to drop that towel.” After thinking for a moment, the woman drops her towel …

58862 PETERS BARN, Lyon Twp, Michigan

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WHY WAIT TO HAVE YOURS BUILT? THIS BEAUTIFULLY LANDSCAPED PROFESSIONALLY PAINTED CREST WOOD PLAN COLONIAL IS READY FOR NEW OWNERS IN THIS MOST SOUGHT AFTER PINEHURST COMMUNITY. THIS MODEL FEATURES ARCHED FOYER,SURROUND SOUND,HARDWOOD FLOORS, GRANITE KITCHEN TOPS, HOME WORK/PLANNING/PREP AREA, PANTRY, R.O SYSTEM WITH AN OPEN FLOOR PLAN, HUGE KITCHEN ISLAND THAT’S OPEN TO THE BREAKFAST NOOK, AND A GREAT VIEW OFF THE MAINTENANCE FREE DECKING. THE BEAUTIFUL GREAT ROOM GIVES PLENTY OF LIGHT AND GIVES YOU THAT WARM HOME FEELING WITH ITS GAS FIREPLACE AND CATHEDRAL CEILINGS. THE UPSTAIRS OFFERS A MEDIA LOFT AND A SPOILING MASTER SUITE W/STEP …

Homes And Being A Savvy Home Buyer

tommygill7 Home Buying and Selling , Uncategorized Leave a Comment

Homes Ever Changing Market Homes in our local real estate market is always changing. Compared with not so long ago, that’s a good thing. If you are ready to buy a home in today’s market, you need to take note of recent changes that may affect your buying power.Buying a home in our local market today is not just about finding one in the best condition in a great location for an affordable price. Smart home buyers today require a deeper knowledge of the economy, the local market and regulations. We can help you pinpoint all you need to know …

boomers sold

Boomers 12 Things You Need To Know Before A Move

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Boomers Zap! Your home is sold. Congratulations! Now What Boomers? Boomers are hearing it more and more. Baby Boomers are turning 65 in the United States at an amazing rate, 10,000 every day. As they reach this milestone, more of them are selling their long-time homes. The reasons to sell are often straightforward: The old place is too large, too expensive, requires too much upkeep, or seems too lonely since the kids moved out.   Once you’ve decided to sell (and called us), the real dilemma is deciding where to move. And, determining whether it is best to downsize, cross-size, …

Homestaging Doesn’t Have To Be Costly

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Homestaging to get you home in showing order doesn’t have to be expensive or difficult, homestaging is a matter of stepping back and getting the big picture. Being the home owner there is noone that knows your home better than you which is why your the expert in homestaging it for a quick sale. Try to picture the home as you first saw it yourself and highlight the things that made you love the home. One of the most frequently ask questions from my sellers is “should I leave furniture for showings” my response is yes, but not too much …

mortgage-pros-and-cons

Mortgage Loan-The Four Key Benefits For You

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A Mortgage, It’s a big decision: Taking on a monthly mortgage payment is no small matter. That payment will probably become a homebuyer’s biggest expense. And what if you can’t pay on time? Get sick? Lose a job? Divorce? You could see your credit score plummet. But there’s another side to taking on a first mortgage loan. Not only does such a loan allow a renter to become a homeowner—that mortgage also brings with it several financial benefits, everything from big savings at tax time to a boost in your credit score. If you’re debating whether it’s time for a …

homebuying

HOMEBUYING

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HomeBuying-Bust Through If you—or someone you know—is still on the fence about homebuying today, don’t wait. We’ve heard lots of excuses in recent years. Not enough down payment? Credit score too low? Can’t qualify with a foreclosure (short sale, bankruptcy) history? Too much debt (especially, student debt)? Rates too high? Loans too expensive? Don’t know where to start?                     All of these worries can be—and are—overcome with time and determination. Don’t be walled in by old assumptions when it come to homebuying. In this market with low rates and little down …

Home Inventories at 4.6-Month Supply

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Around the country especially in Oakland County and cities such as Novi, Northville, Farmington Hills and West Bloomfield home inventories is the lowest we have seen in quite some time. The signs of home buyer’s frustrations are clear, but with consumer confidence is at the highest level in over a decade and with interest rates still under 4%, new programs available for down payments as low as 3%, and you have an attractive market for buyers. Buyers demand for housing remains twice as high as this time last year, so what’s really going on with home inventories? NAR’s Chief Economist, Lawrence Yun states about Low Home …

Market-News

Market News

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Market News is a monthly service that I provide to my clients to not only help them in their local real estate market here in Oakland County, but to give them access to the national Market News as this affects them here in Novi, Northville, Farmington Hills, West Bloomfield and the Metro Detroit area as a whole. Market news gives you the ability to see what is going on in the National real estate market, such as homes sold, statistics and other data important to both home buyers and home sellers in the Oakland county area. Market News is Video …