Mortgage Rates Increasing for keys

Mortgage Rates Increasing-Get Off The Fence!

Thomas Gilliam Blog , buyers , mortgage rate , mortgage rate increases , mortgage rates , Oakland County Leave a Comment

Mortgage Rates Increasing Can Effect What You Can Afford When you’re buying a home in Oakland County, Michigan, you might think the price you offer is ultimately the price you’ll pay, but if you’re buying a home with a mortgage, that’s not the case. With a mortgage, in addition to paying your principal (the amount of money the bank loans you to purchase your home), you’ll also pay the interest rate on that principal—which is why the mortgage rates increasing on a mortgage loan is so important to you as a home buyer or potential home buyers. Interest rates on mortgages …

Home Searching Oakland County Michigan

Home Searching – Online vs. In Person Visits

Thomas Gilliam Blog , buyers , buying a home , buying a home in oakland county michigan , listings , Oakland County Leave a Comment

Looking at Homes in Person When home searching you might have heard real estate horror stories where houses put up for sale online turned out to be riddled with all sorts of problems when buyers actually visited them. Considering the competitive nature of the market, most sellers today offer buyers the opportunity to tour their houses virtually. A professional blueprint of the house is made and you can have a satellite view of the house, the rooms and even see the minutest details such as the arrangement of bed sets and furniture. If you are scouring the market for your …

Housing Negotiations

Housing Negotiations – 6 Mistakes That Can Make You Lose a Winning Deal

Thomas Gilliam Blog , buyers , buying in farmington hills , Farmington Hills , sell your home , seller mistakes , sellers , sellers market , Uncategorized Leave a Comment

Have you been searching for your dream house for long? Did you find one but the negotiations did not go your way? Your house search is contingent on negotiations… it can either make or break the deal. Of course, your real estate agent will be by your side guiding you throughout the process but at the end, you have to take the final decision. Often people let go of a great deal on a home for sale in Farmington Hills, Michigan thinking that the price is too high. Until you have looked at the comps and have had a house inspection, …

farmington hills kitchen table

Farmington Hills Housing Negotiations – 6 Mistakes That Can Make You Lose a Winning Deal

Thomas Gilliam Blog , buyers , buying a home , Farmington Hills , negociations , offer Leave a Comment

Have you been searching for your dream house for long in Farmington Hills? Did you find one but the negotiations did not go your way? Your house search is contingent on negotiations… it can either make or break the deal. Of course, your real estate agent will be by your side guiding you throughout the process but at the end, you have to take the final decision. Often people let go of a great deal on a home for sale in Farmington Hills, Michigan thinking that the price is too high. Until you have looked at the comps and have …

first home buyer

First Home-Buyers 3 Common Fears

Thomas Gilliam Blog , buyers , first home , first time buyers , home buyer fears , real etate Leave a Comment

Buying your first home can be one of the most exciting experiences of your life. But it can also be one of the scariest. Buying real estate is a complicated process. And if you’ve never purchased a home before, the fear of all those unknown variables can make the experience stressful, frustrating, and downright terrifying. If you’re thinking about purchasing a home but are dealing with the fear that comes along with it, don’t worry! You’re not alone. Most first time home-buyers deal with a certain level of fear as they get ready to buy their first home. But that …

Labor Day House Hunting Changes

Labor Day House Hunting Changes

Thomas Gilliam Blog , buyers , Farmington Hills , homes , labor day , sellers Leave a Comment

A while back, Forbes noted what they called “The Four Ways the Real Estate Market Changes” after Labor Day. The article recognized a truism that holds for most parts of Michigan—namely, that the period between Labor Day and Thanksgiving is what most of us think of as “fall.” It went on to describe four ways the change of seasons alters the house hunting landscape. Although I may not agree entirely with their broad brush proposition that a great number of house hunters throw in the towel after Labor Day, the four market changes described are often true enough. Farmington Hills …