Buyers Market Possible

Is There a Buyers Market Creeping Up? – Realtor Tom Giliam

Thomas Gilliam Blog , buyers market , inventory , market , sellers market Leave a Comment

We all know that this sellers market would not last too much longer and it seems to be coming to an end sooner than later. The turn towards a more favorable buyers market seems to be taking place with 14% of all listings taking a price reduction in June of this year which is up from just 11% in 2016. Everywhere you turned you heard nothing but, It’s a sellers market and a great time to sell! which was true and still is in some areas of Oakland County Michigan like Farmington Hills, West Bloomfield and others, but are the …

Your Farmington Hills Michigan Real Estate Agent Benefits

Are you planning to take the FSBO route for your Farmington Hills Michigan real estate? Before you put up that sale sign, there’s one thing that we would like to ask: Can you handle this deal “ALL ON YOUR OWN”? Your Farmington Hills Michigan Real Estate Agent Benefits You Let’s not be too hasty by saying “yes”. If you are thinking about saving that commission, which you have to pay to the real estate agent, then we would like to tell you a small fact: You might not have those savvy negotiations skills that are required to cut a profitable …

Farmington Hills Home Shoppers & Home Sellers old fashioned camera

Farmington Hills Home Shoppers & Home Sellers Love Photos

Thomas Gilliam Blog , Farmington Hills , listing photos , smartphones Leave a Comment

In today’s increasing technology through smart phones, tablets and other devices that make life easier for Farmington Hills residents, everything from shopping, local secretary of state appointments and driving directions can be done with assistance through a smartphone app. It is really no surprise that even Farmington Hills home shoppers & home sellers can go on their smartphones to determine where, when and what home to look for that meets their needs when buying or selling a home. We all know that the first thing that Farmington Hills home shoppers & home sellers will see is a photograph of either …

Advice On Comparing Multiple Offers On Farmington Hills Real Estate

Considering multiple offers may be a difficult undertaking for homeowners. The typical reaction is to focus on solely offer price, but that may cause issues. There are a variety of different terms in an offer that sellers should consider in order to identify which offer to accept. This blog details advice on comparing multiple offers on Farmington Hills real estate. Advice On Comparing Multiple Offers On Farmington Hills Real Estate Home Buyer Financing There is a significant difference between a pre-qualification and a pre-approval, particularly when considering multiple offers. A pre-approval is traditionally given after a loan officer confirms the …

Farmington Hills First Time Buyer Guidance

Buying real estate may be somewhat scary. The Farmington Hills first time buyer guidance in this blog will clarify certain things. Homes are a big financial investment and buyers should become well educated. The First Steps                                                                                                                                  …

Advice On Interpreting Farmington Hills Michigan Inspection Reports

Property inspections can be a confusing step in the real estate buying process. Home buyer emotions tend to be high and there is a lot of information to process. Understanding how inspections function may make it less difficult to deal with when the time comes. The following is advice on interpreting Farmington Hills Michigan inspection reports. Inspection Purpose Inspections afford buyers the chance to scrutinize the major systems in a home, analyze more closely the property features, and understand how everything in the property functions. Buyers should select a certified inspector to perform this task. They typically inspect the hardware, …

SOLD! Checklist For Selling Your Farmington Hills Home

As a Farmington Hills homeowner, the selling process can be an overwhelming experience – especially for first timers. Since they’ve never been through the experience of selling a home, many homeowners feel a bit lost as to what they need to do before they can pass their keys over to the next owners. But not to worry! Here’s a checklist for selling your Farmington hills home that covers all the essentials for homeowners getting ready to sell their first property: Sprucing Things Up Before homeowners list their home, they will want to handle any minor fixes that might keep them …

Home Inspection Negotiations For Farmington Hills Michigan Property Purchases

Thomas Gilliam Farmington Hills , home buyers , home inspection , home inspection tips , Uncategorized Leave a Comment

Sellers are not required to fix issues discovered in a property inspection. There is a process of negotiation. You should be aware beforehand that inspections normally detail issues plus additional tips by the inspector for improvements that can be made. Consider the issues rather than the improvements since it is unfair to demand upgrades. If that were done, the value of the home would be greater. tips on home inspection negotiations for Farmington Hills Michigan property purchases is provided below. What to Negotiate Buyers should look through the list of defects and identify which items are critical, keeping in mind …

Farmington Hills Michigan Fall Real Estate Market

Farmington Hills Michigan Fall Real Estate Market

Seasonal Changes Fall historically is an active time of year in the Farmington Hills Michigan Fall Real Estate Market. Home buyers look to finalize their home purchase prior to the winter months, the busy holidays, and end of year (for tax benefits). Mortgage rates are also at historic lows, making home purchases more affordable. This fall, some areas are faced with a shortage of inventory. This can be due to fewer foreclosures listed for sale, sellers waiting for values to increase, or owners incorrectly thinking that real estate is not selling. Whatever the cause, it is leading to less inventory …

Hardball Fouls in Farmington Hills Home Selling Negotiations

Farmington Hills Home Selling Negotiations-Hardball

Thomas Gilliam Blog , Farmington Hills , Uncategorized Leave a Comment

When it comes to appraising and developing appropriate responses to offers on your Farmington Hills home, I’m there to offer counsel and guidance. Even so, you are the ultimate decision maker. Especially for Farmington Hills homeowners without previous selling experience, becoming familiar with some practical pointers for home selling negotiations is well worth doing. Farmington Hills sellers can find one rich source at the National Association of Realtors® web site. This month’s World Series finale undoubtedly inspired the title for a list of home selling negotiation pitfalls. Published the morning of Houston’s Game 7 victory, it dealt with errors in …