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Posts Tagged ‘financing’

Feb
19

Free Money For Qualified Michigan Homebuyers

Can you think of anyone that would like to receive $3,000 or $5,000 FREE Money from the Michigan State Housing Development Authority (MSHDA) to use towards the purchase of a home? If you do, please forward this blog post to them so they can learn about and benefit from this limited time program.

In a nutshell, Michigan has received several million dollars for the purpose of creating a Homeowner Protection Fund. A portion of these funds were appropriated by the Legislature to MSHDA for what equates to a FREE Money situation for qualified home buyers…

  • Qualified homebuyers are eligible for grants up to $3,000 to use towards a purchase of a single family, owner occupied home.
  • Qualified active military members and veterans are eligible for grants up to $5,000.

The allotted time to take advantage of this program is limited as grant money may run out at any time. (available on a first come, first serve basis)

For more information about this great money saving opportunity Contact Steve Hatfield or Vicki Maule today.

If you are in the market to Buy a home or if you are planning to Sell a home or real estate in Dearborn MI, Dearborn Heights, Garden City, Westland, Redford, Livonia, Plymouth, Canton, Northville, Novi, Farmington, Allen Park, Taylor or any one of the other Detroit Michigan west side suburbs, Contact Steve Hatfield or Vicki Maule today.

Visit my web site at: www.DearbornHomes.com for complete and in-depth information about Buying or Selling a home or real estate in the Dearborn Michigan area or any one of the other Detroit Michigan west side suburbs.

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Apr
14

Is your Dearborn MI area home a market weary house?

“The Market Weary House”

Have you noticed a house that seems to stay on the market for a long time? What thoughts do you have concerning that house after you continue to see the for sale sign in the yard month after month? Overpriced? Poor condition? Do you wonder if there is something wrong with the house like aArt by: ddpavumba leaky basement? We have all had these thoughts from time to time. It is always exciting to hear of a home that has just been put up for sale, but many buyers are not interested in seeing a home that has been on the market for a while.

Pricing, condition, location, and timing affect the salability of every home. Of course, you cant do anything about the location. If your home has been for sale for a long time, however, you can make decisions regarding pricing, condition, or timing.

LOWER THE ASKING PRICE

The quickest decision that will have the greatest immediate impact is to reduce the listed price. This may be necessary because your original price was too optimistic, or perhaps the market has softened since you began marketing your house. A price reduction is a news item that can motivate new buyers to see your home and may cause previously interested buyers to reconsider your home once again.

IMPROVE THE CONDITION

If you don’t want to reduce the price, will you consider investing more money into the house? Dollars well spent may be the inducement needed to generate enthusiasm among real estate agents and their buyers. Your home may require carpeting, painting, drapes, or other decorator items. If more expensive work such as new kitchen appliances is needed, you may want to rethink your unwillingness to reduce the price.

TAKE THE HOUSE OFF THE MARKET

If your house is not selling and you do not want to reduce the price or spend more money fixing it up, you may be better off taking the house off the market for a while and offering it for sale at a later date.

If you are planing to sell your Dearborn Michigan area home or if you are in the market to Buy a home or real estate in Dearborn MI, Dearborn Heights, Garden City, Westland, Redford, Livonia, Plymouth, Canton, Northville, Novi, Farmington, Allen Park, Taylor or any one of the other Detroit Michigan west side suburb, Contact Steve Hatfield today.

Visit my web site at: www.DearbornHomes.com for complete and in-depth information about Buying or Selling a home or real estate in the Dearborn Michigan area or any one of the other Detroit Michigan west side suburbs.Visit www.DearbornHomes.com

Original article written by: Tom Ervin
Image by: ddpavumba

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Jan
02

Dearborn MI area 2011 Year End Real Estate Sales Update

 

 

Below you will find a brief year end summary of the current real estate market as of December 31. 2011 for Dearborn and Dearborn Heights Michigan.

If you would like a more in-depth and detailed report on the local Dearborn area real estate market please contact me by using the “Contact” Steve Hatfield link below or visit my web site at: DearbornHomes.com

 

Dearborn Real Estate Market Update

 Active Real Estate Listings – Currently on the market and for sale

  • 315 – Single Family Homes
  • 27 – Condominiums / Town Homes
  • 25 – Multi-Family Homes

Pending Real Estate Sales – Sold in 2011 but not yet closed

  • 274 – Single Family Homes
  • 11 – Condominiums / Town Homes
  • 18 – Multi-Family Homes

Read more…

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Nov
26

Dearborn Heights Home W/ Family Room & Finished Bsmt.

Hot New Home Listing

26633 Midway, Dearborn Heights

Price: $139,900

“Take a Virtual Tour”

Features and Amenities:

    Great inside curve Cul-De-Sac Location!

    Extra 48 X 65 foot easement at rear of property – part of yard

    Over 1,700 square feet of living space on the main floor! – Fabulous open layout!

    Large family room with fireplace and doorwall to covered rear deck!

    3 Spacious bedrooms – each with generously sized closets

    Master bedrooms features private 1/2 bath.

    Extra room adjacent to main floor bath is perfect for a separate powder room or use for a future bath expansion or you could even close it in to make a large walk-in closet!

    The flow of the open kitchen, dining and family room areas are perfect for entertaining!

    Good sized kitchen with island features new flooring and formica counters. All appliances included!

    You love the 23 x 15 family room!! Features include a lovely brick front fireplace, beamed ceiling and a doorwall to the rear yard deck.

    The finished basement offers many possibilities! Features include a 24 x 22 recreation area, half bath and a wet bar with new flooring (a great start to adding a 2nd kitchen to the basement)

    12 X 11 Bonus room in basement could be used as a home office, exercise room, workshop or even an additional storage room…many possibilities!

    17 x 11 Laundry room with built-in cabinets/countertop and 2 storage closets

    Tons of storage space in basement

    Glass block basement windows

    Gas forced air furnace

    Central air conditioning

    Newer roof shingles on house (approx. 5-6 yrs old – stripped to boards)

Appliances Included:

    – Stove

    – Refrigerator
    – Microwave (free standing
    – Washer
    – Dryer
    – Freezer

If you are planing to sell your Dearborn or Dearborn Heights Michigan area home or if you are in the market to Buy a home or real estate in Dearborn, Dearborn Heights, Garden City, Westland, Redford, Livonia, Plymouth, Canton, Northville, Novi, Farmington, Allen Park, Taylor or any one of the other Detroit Michigan west side suburb, Contact Steve Hatfield today.

Visit my web site at: www.DearbornHomes.com for complete and in-depth information about Buying or Selling your home or real estate in the Dearborn Michigan area or any one of the other Detroit Michigan west side suburbs.

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Nov
19

How to get an Edge when selling your Dearborn MI area home!

 

Today’s Dearborn area real estate market is still very competitive. That said, you’ll need every advantage possible if you are going to get your home sold for the highest price and in the least amount of time.

By focusing on each of the 5 specific areas below, you will have an advantage over competing homes for sale in your Dearborn / Dearborn Heights area neighborhood…

1.  Pick the BEST real estate agent to list your home
2.  Make sure your home gets GREAT Internet exposure
3.  Make your home attractive, inside and out
4.  Make your home easily accessible for showings
5.  Be realistic / flexible regarding price

Pick the BEST agent
The level of service you receive, the quality of the marketing services used to give your home exposure and quite possibly your eventual outcome, meaning if you successfully sell your home or not, it all hinges on the real estate agent you select!

In fact, if you select the wrong real estate agent you might be stuck with bad service or even horrid photos of your home posted online that actually scare buyers away…big mistake!

Selecting the “Best” real estate agent means hiring a Realtor ® that has a minimum of 10 years experience as a full-time Realtor, can give your home GREAT Internet exposure, takes the time to post many high quality photos of your home online, has a comprehensive marketing plan (always ask for a printed copy), is very knowledgeable, is CRS certified and returns emails/phone calls promptly. If you settle for anything less, you may be jeopardizing the sale of your home. Read more…

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Oct
20

Plan to buy a Dearborn MI area home? Get a pre-approval first!

Many lenders today offer a service that is referred to as a pre-approval. Unlike the typical mortgage loan approval, this service is provided to a potential Dearborn Michigan area real estate home buyer before he or she agrees to purchase a certain Dearborn area property. An abbreviated application is taken, and the mortgage lender provides a document stating the amount of money that the buyer will be able to borrow when making a home purchase. The pre-approval also states that it is conditional pending the appraisal of the actual property being purchased and written proof of the buyer’s employment and income. Here are the benefits to both the buyer and seller.

BUYER’S BENEFITS: With a pre-approval, the Dearborn Michigan area home buyer knows exactly what price range he or she can and/or cannot afford. This knowledge in advance prevents a person from falling in love with a home that is not within his or her financial grasp.  After looking at more expensive houses, it can be a real disappointment to begin looking at lesser properties that are affordable. The pre-approval allows a Dearborn Michigan home buyer to begin in and stay in the correct price range when shopping.

SELLER’S BENEFITS: Whenever an offer is made, it is usually dependent upon the buyer obtaining the necessary loan amount from a lender in order to complete the home purchase. It may take a few weeks or a month to find out if the buyer has been fully approved to purchase for a Dearborn area home. During this time, the Dearborn house is off the market and not available to other would-be buyers. If the buyer is unable to qualify for adequate financing, the Dearborn area home seller loses the time that the house was off the market and must begin again to attract another buyer. If the buyer has been pre-approved, however, the seller knows that this is a buyer who is indeed capable of completing the purchase.

If you are in the market to Buy a home or if you are planning to Sell a home or real estate in Dearborn, Dearborn Heights, Garden City, Westland, Redford, Livonia, Plymouth, Canton, Northville, Novi, Farmington, Allen Park, Taylor or any one of the other Detroit Michigan west side suburbs, Contact Steve Hatfield today.


Image by: ScottChan

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