PREPARATION IS KEY FACTOR IN SUCCESSFUL MICHIGAN
REAL ESTATE TRANSACTIONS. MICHIGAN BUYERS SHOULD PREPARE THEMSELVES BY GETTING A MORTGAGE APPROVAL, KNOWING CREDIT HISTORY/SCORES. BEFORE LOOKING AT ANY MICHIGAN PROPERTIES. MAKE SURE ALL OF YOUR FINANCIAL INFORMATION IS IN ORDER. PREPARE A PACKAGE TO GIVE TO YOUR LOAN OFFICER. PACKAGE SHOULD INCLUDE 2009 AND OR 2010 TAXES, 2 MONTHS PAYSTUBS, 3 MONTHS BANK STATEMENTS, COPY OF DRIVERS LICENSE. AT A MINIMUM, LOAN OFFICER MAY REQUIRE ADDITIONAL INFORMATION DEPENDANT UPON CREDIT HISTORY AND THE LENDERS LENDING POLICY AND GUIDELINES. SELLERS SHOULD PREPARE THEIR PROPERTIES, SO THAT THE PROPERTY IS PRESENTED IN THE BEST POSSIBLE WAY. REMEMBER YOU ARE COMPETING WITH BANK OWNED PROPERTIES WHICH MAY BE PRICED WELL BELOW THE ASKING PRICE OF YOUR PROPERTY...SO YOUR PROPERTY MUST STAND OUT AS BETTER VALUE IN THE MINDS OF THE BUYERS. KNOW YOUR MARKET, HAVE THE AGENT WHOM YOU WILL BE LISTING YOUR PROPERTY WITH SHOW YOU 2-4 HOMES THAT WOULD BE IN COMPETION WITH YOUR PROPERTY. MAKE SURE TO SEE AT LEAST 2 BANK OWNED PROPERTIES AS WELL. I MEAN PHYSICALLY MAKE A VISIT TO GET INSIDE THESE HOMES...DON'T RELY ON THE PHOTOS...AS WE KNOW PHOTOS CAN BE DECIEVING. SELLERS SET THE PRICE BUYERS BRING THE MARKET MARKET PREDICTS THE SALE PRICE PRICING WITHIN 2% OF MOST RECENT SOLD PRICE WILL INSURE A PROBABLE SALE WITHIN AVERAGE DAYS ON MARKET TIME. PRICING ABOVE THE LAST SOLD PRICE MAY HAVE YOUR PROPERTY SITTING LONGER ON THE MARKET WITH LITTLE TO NO SHOWINGS. CALL ME I CAN HELP YOU NAVIGATE THIS EVER CHANGING MARKET. TRYING TO SELL YOUR PROPERTY YOURSELF CALL ABOUT OUR NO OBLIGATION FAIR MARKET TRADE PROGRAM. Mortgage Underwriting Processing Time Yes, real estate transactions are taking longer. Usually because the underwriter wants more information from the appraiser, but in general we are seeing more underwriting conditions so please allow at least 90 days from the loan application for your buyer to be approved. If you are a buyer and you are getting a rural loan it may take as much as 100-130 days to get to closing...please be patient...we all want the process to move quickly. However guidlines and underwriting can change on a daily and hourly basis. Lending institutions are being evermore cautious. Remember...you want your transaction to be done right. Please verify with your lender the status of available funds for a Rural Housing Loan. THINKING OF BUYING, INVESTING IN MICHIGAN PROPERTY, HOMES LAND? DON'T WAIT, YOU MAY MISS OUT ON AN OPPORTUNITY TO OWN THE AMERICAN DREAM, AN OPPORTUNITY OF A LIFETIME!
FIRST TIME HOME BUYER INCENTIVES DON'T MISS OUT ON TODAY'S ROCK BOTTOM PRICES!
DON'T WAIT FOR INTEREST RATES AND HOME PRICES TO INCREASE. ECOMONIC EXPERTS PREDICTING AN INCREASE IN INTEREST RATE BY LATE 2011 EARLY 2012. DON'T HESITATE TO BUY HOMES IN MICHIGAN NOW!
ECONOMIST ARE PREDICTING A REAL ESTATE MARKET UP SWING BY 2014, WHY NOT BUY NOW BEFORE PRICES INCREASE. CURRENT ECONOCMIC INDICATORS ARE ALREADY POINTING TO REAL ESTATE ESTIMATED VALUES INCREASING AS WELL AS INTEREST RATES. SO GET IN YOUR NEW HOME BEFORE YOU END UP PAYING MORE FOR LESS HOME/PROPERTY. LISTING PRICES LOOK LIKE THEY ARE INCREASING IN SOME AREAS OF MICHIGAN REAL ESTATE.
CALL LL HOME -N- LAND TEAM, KELLER WILLIAMS REALTY CLARKSTON MICHIGAN
CATHERINE LARIVE AT 248 534.2264
SPECIALIZING IN
HOMES, LAND/ACREAGE, LUXURY HOMES, LAKE FRONT LIVING, COMMERCIAL, EQUESTRIAN FACILITIES, FARMS, FARMLAND,AND ESTATES IN:
DAVISBURG, ROSE, BRANDON, HOLLY, GROVELAND, WHITE LAKE, WATERFORD, CLARKSTON, ORTONVILLE, OXFORD, SPRINGFIELD,INDEPENDENCE, FENTON, HIGHLAND, HARTLAND, AUBURN HILLS, LAKE ORION,ROCHESTER,
BUYING A SHORT SALE PROPERTY IN MICHIGAN? CALL ME I CAN HELP YOU WITH THE REAL ESTATE DETAILS, AND GUIDE YOU THROUGH THE PROCESS. I WILL MAKE SURE EVERY DETAIL IS DONE THE PROPER WAY AND THROUGH THE PROPER PROCESS. CATHERINE GAVIN-LARIVE, ASSOCIATE BROKER 248.534.2264
OR FEEL FREE TO EMAIL ME catherinelarive@gmail.com |