For Sale By Owner

A For Sale By Owner-6 Reasons To Use Caution

Thomas Gilliam for sale by owner , FSBO , home buyers , home buying , homes for sale Leave a Comment

When you’re looking to buy a home, you may wonder, “Does it matter if the property is listed with a real estate agent or a for sale by owner who are trying to sell it themselves?” Um, yes. It matters. A lot. The truth is: When it comes to signing contracts, handing over escrow money, and digging into the home’s history, going it alone can end up costing homebuyers a bundle. The following are 6 reasons to avoid a For Sale By Owner (FSBO) home. 1. Are you sure it’s legit what they are selling? via GIPHY Unfortunately, scams abound …

Agents scary things

9 Scary Things Real Estate Agents Fear Hearing

Thomas Gilliam agent , agents , Blog , halloween , home buyers , home sellers , real estate agents , scary things Leave a Comment

When you’re in the business of helping people buy and sell homes — arguably the largest investment of their lives — it goes without saying that there’s a lot at stake. While real estate agents are typically unflappable pros who, in many cases, have experienced just about every scenario you can imagine, there are still some things that strike fear into their hearts. In the spirit of Halloween, let’s take a look at some of the most terrifying statements clients make that leave agents trembling. 1. “We’re having second thoughts…” Of course, it’s not uncommon to have a home buyer …

5 Deadly Pitfalls

5 Deadly Pitfalls that Every Buyer Needs to Avoid

Thomas Gilliam Blog , buying a home , home buyers , Oakland County , oakland county homes , Uncategorized Leave a Comment

Research, research and research… this is the only thing you need to focus on when you are thinking about buying a home for sale in Oakland County, Michigan. There are many pitfalls that buyers are not aware of. Not only do these pitfalls waste your time and energy you put into the process but also put you under mounds of debt. Of course, with a real estate agent by your side, you can go through this process a little stress-free but at the end, you need to understand the responsibilities of becoming a homeowner. Don’t get caught up in the moment …

oakland county home buyers for sale

Good News For Oakland County Home Buyers: Home Inventory Increasing

Thomas Gilliam Blog , home buyers , Oakland County Leave a Comment

What a start to the beginning of the home buying and home selling season in Oakland County, Michigan, all being great news for home values and home sellers currently listing their homes, most homes across the Oakland County, Michigan are up 7% and even more since March of 2017.  According to the most recent Home Price Index Report from CoreLogic, home prices nationwide increased by 7% from March 2017 to March 2018. According to an April 2017 article from the National Association of Realtors, the median home price in March 2017 was $236,400. This means the average homeowner has gained nearly $17,000 in wealth from …

Oakland County Quick Home Buying Decision Time Sign

Oakland County Quick Home Buying Decision Time

Thomas Gilliam Blog , home buyers , Oakland County Michigan , quick home decision Leave a Comment

Most homebuyers in Oakland County Michigan and across the country are not usually open to make a quick home buying decision and view it as a recipe for disaster or a bad decision. In fact Oakland County homebuyers love to look at the many options, different layouts and areas in which to purchase a new home. To make a quick home buying decision many buyers feel pushed into a corner or feel their Realtor is pressuring them to make rash decisions, but in Oakland County Michigan this is not the case at all. Home buyers know that homes are moving …

Neighborhood Feature Buyers Want In Oakland County Tree lined Street

Neighborhood Feature Buyers Want In Oakland County

Thomas Gilliam Blog , community , home buyers , neighborhood , neighborhood most wanted , oakland county Leave a Comment

The neighborhood in which home buyers prefer in Oakland County is diverse and has much to do with the age of the buyer. The most important aspect of the Oakland County home buyers is the feeling of community and a feeling of belonging that appeals to all ages, especially millennial home buyers. In Oakland County we have many such neighborhoods where the community is tight-nit and the sense of belonging to part of the neighborhood is important and respected. For the millenial home buyers it is vital that they have nearby shopping, gyms and outdoor activities where they feel they …

expand the search suburbs

Buyers Expand The Search For Affordable Homes

Thomas Gilliam Blog , home buyers , house hunting , inventory , oakland county , suburbs Leave a Comment

Frustration for today’s home buyers could not be more higher with home prices increasing and record low inventory to choose from in all of Oakland County and the metro Detroit area as a whole. The number of buyers that have expanded their search to find affordable homes outside the normal suburbs have increased substantially in the new quarter of 2018. Although the average buyer would find a new home close to work and family, this has become daunting and unattainable for many. Home buyers have had to expand the search for affordable homes to the suburbs and beyond in attempts …

Mortgage rates climb lets find you a new home

Mortgage Rates Took a Big Jump Home Buyers

Thomas Gilliam Blog , buying a house , freddie mac , home buyers , mortgage rates , mortgage rates jump , rates Leave a Comment

Are you thinking about buying a home in 2018? Are you on the fence about entering the real estate market? If so, you might want to consider buying sooner rather than later. Mortgage rates just rose again, and economists from Freddie Mac and other groups are predicting that they could rise gradually throughout 2018. Mortgage Rates Hit Highest Level Since December 2016 During the week of February 8, 2018, the average rate for a 30-year fixed home loan rose to 4.32%. Rates haven’t been that high since December 2016. This is based on the weekly mortgage industry survey conducted by …

Listing agent for sale sign

Should You Go Directly To The Listing Agent When Buying A House?

Thomas Gilliam Blog , buying a home , first time home buyers , home buyers , listing agent , listing agent vs buyers agent , seller allegiance Leave a Comment

When you’re looking to buy a house, you might think it makes sense to go directly to the listing agent who’s listed the property for sale. Some of the more common reasons people give for doing so are: Why not? Doesn’t it just make sense… The agent listed the property and is the one selling it. They know all about the house. They know all about the owner, so maybe you can get some inside scoop and a better deal than if you had your own buyer’s agent in the mix. Isn’t it like buying a car? You have to go …

The Wrong Agent

Hiring The Wrong Agent-Pitfalls

Thomas Gilliam agent , Blog , home buyers , realtor advice Leave a Comment

Buying a home is the biggest investment you’ll likely ever make, and it has all sorts of implications for your personal and financial future. This is why it’s so important to work with the right agent and not the wrong agent. Too many people don’t realize just how much can go wrong if they make the wrong hire. There are some very serious problems that can arise if you accidentally work with the wrong person to buy or sell a home. Here are some of them: 1. The wrong agent is not listening A professional real estate agent (or any other …