If you buy or sell a property in the coming year, the new information regarding FHA and flipping may be of interest to you. The new FHA waiver of the 90-day Flipping Rule has several conditions that you should be aware of. Click the HUD.gov link to read the new rules effective February 1, 2010: h
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01/21/2010
Homebuyers: If you are planning to buy a home this Spring and claim a Homebuyer Tax Credit, you must be under contract by the end of April, 2010. This means that you only have a little over 3 months left as of this writing to decide on a home to purchase, and jump through all of the financing hoo
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01/21/2010
Instead of paying thousands and thousands of dollars in rent or dorm fees for Ferris State University students in Big Rapids, Michigan, many parents opt to purchase an inexpensive home. Many foreclosures do not require much work, and may save parents thousands of dollars in the long run. Usually
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01/19/2010
If you are interested in purchasing a home on a Land Contract in Big Rapids or the surrounding Mecosta County area, there are investors who are interested in selling homes this way. It used to be, you needed approximately 10% down payment to buy on a land contract. Right now, if you purchase bef
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12/04/2009
We had our office Thanksgiving party yesterday - potluck at the office complete with turkey, stuffing, and all the trimmings! Such a great time to reflect on being thankful for a wonderful "family" of associates who are also friends! I am truly thankful for the group we have here: how well we wo
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11/19/2009
If you are planning to sell your home in Michigan in the spring, few things can liven up and beautify your yard more than spring bulbs! You can plant these bulbs as long as the ground hasn't frozen, and with our extended fall of warmer than usual temperatures, it is a great opportunity that doesn
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11/15/2009
An associate was relating the mold challenges of a couple of properties that he purchased that had a toxic mold presence. One property they remediated by sealing off the room, then bleaching and sealing the affected areas with a shellac-based paint. The entire home then vacuumed using HEPA filt
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11/12/2009
Investors - Land Contracts & Homebuyer Tax Credit as Balloon Some investors are doing land contracts with very little down, and including language in the contract that requires a balloon payment based on their Homebuyer Tax Credit. If buyers qualify for this credit, (a tax professional should ev
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11/11/2009
I know it's early to be thinking about holiday decorating, but... the outdoor lights are already starting to appear! While the exterior landscaping may be looking a little drab until the white fluffy stuff sticks around, your interior homescape can be more inviting and homey than ever. If your
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11/08/2009
This home has newer everything! Roof, insulation, windows, doors, laminate flooring in kitchen, carpeting, appliances - including washer and dryer, fresh paint, kitchen cabinets & counter. Less than two miles to Ferris State University, and just within the City of Big Rapids for municipal water,
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11/07/2009