Donald Horne Realtor's Blog

Continuing with our "what is" series, our next client question is "What Is a Michigan Basement"? A partially dug out basement with dirt walls and floor, partially finished with cement or concrete blocks, very damp, unique odor and sometimes a musty mildewey smell, is referred to as a "Michigan ba...

This weeks question, "What is Steering in Real Estate"? Steering refers to the practice and includes any words or actions, by a real estate representative or broker, that guides a prospective home buyer towards or away from certain neighborhoods. Steering violates federal fair housing provisions ...

Can your social media presence affect your loan approval ... This story from Angela Colley in the current issue of Housing Trends eNewsletter, talks about how lenders maybe combing through your social media accounts in the future ... Lenders learn a lot about you before they approve your loan—the...

Article from Craig Donofrio, 10 Questions To Ask Your Mortgage Lender, discusses questions you should be asking to ensure you're clear on your options when buying a home ... 1. What mortgage types do you offer? Different mortgage lenders offer different types of mortgages. These can loans differ ...

Oxford MI, Oxford MI Real Estate, Homes and Condos For Sale, Market Report February 2015. Market Overview: Total sold properties within the last 45 days is 37 (up 9%), average sold price was at $222,576.00 (up 11%). The average days on market until sold was 66 days (up 13%), homes for sale as of ...

What is a homestead exemption in Michigan? In Michigan, a homestead is the one primary residence of a person and no other exemption can be claimed. Homestead is not automatic, homeowners must file a claim for homestead exemption with the state. So what really does a homestead exemption mean to yo...

"What Is a Split Closing", with the real estate purchase agreement allowing the buyer to select their own title company, we are seeing more split closings. This video covers some questions such as, can both parties close at different title companies, do split closings take longer than regular clo...

Lake Orion MI, Lake Orion Homes For Sale, Market Report January 2015. Current market overview for the last 45 days: Sold properties was at 42 / down 24%, average sold price was $211,190.00 / down 9%. The average days on market until sold was 43 / down 18%, homes for sale as of 01/21/2015 is 60 / ...

Just south of Lapeer!  Meticulously updated and restored 4 bedroom Dutch Colonial home on 2.62 acres.  Updates include roof, plumbing, electrical, geo-thermal furnace, ceramic bathrooms and kitchen.  Original hardwood floors and woodwork throughout, brick wood burning fireplace, cove moldings and...

Lapeer Michigan home values, how to increase yours! ... These tips are to help increase your homes value and get your home sold in the fastest time possible based on our experience working with home owners who have sold their homes and feedback from home buyers that buy homes. This weeks tip: The...