Macomb County MI real estate blog

Real Estate Agent - Keller Williams Realty - Lakeside Market Center
Macomb County, MI, Metro Detroit, real estate, REALTOR® I enjoy working with home buyers in all areas of Macomb County MI, especially first time home buyers. Born and raised here in Michigan, I am familiar with all areas of Macomb County and St. Clair & Oakland counties.
Tom Kotzian, the team leader at Keller Williams Lakeside (my office), has arranged for a representative from Bank of America to come to our office and teach a workshop about Equator.   This workshop is free, and space is limited.  ALL agents regardless of company affiliation are invited to attend...
One of our area multilist associations (Realcomp II Ltd.) has just released the March 2010 housing sales report and I have to say, I’m excited about what I’m seeing.   Most real estate professionals feel that the housing market will truly show signs of a recovery when 3 things happen consistentl...
Last week I received an email from someone who wanted to know if there is a list of HUD approved condos that she could look over.  I directed her to HUDS site that is updated when condo sites are approved, searchable by state, city or zip code. This morning I had some free time to read and decid...
A few days I wrote an article about the National Association of Realtors® taking a stance and adding to their Standards of Practice the verbage "don't give out the lockbox code!".   While reading and commenting it reminded me of something that is taking place with HUD owned homes:   The locks ar...
"Do not give out my lockbox code to anyone!!" I've been seeing this remark (and variations of it) on many listings in our MLS over the last 6 months or so.  As always, it makes me cringe when I realize that the listing agent has had to deal with other agents who do not treat a sellers property wi...
I knew it wouldn't last forever, but I was kind of shocked to get the information in my email that the HUD incentives for Michigan are ending soon. As of February 12th of this year (yes, less than 2 weeks away) HUD is putting an end to the wonderful incentives that they've been offering for the ...
I wrote a blog post earlier about appraisals, and what we as buyers agents can do to help our buyer clients to understand current market value and to avoid appraisal issues. One of the comments I recieved said something like "You may not make the sellers happy..."  I'm a nice person.  I like to ...
When you plan on purchasing a home using mortgage money it doesn't matter what type of mortgage you are applying for (FHA, VA, Conventional) - your mortgage lender is going to order an appraisal of the homes value.   They will want to make sure that the amount of money you are asking to borrow i...
Just as we suspected would happen, FHA has now had some major changes and it is now going to cost you more out-of-pocket money to purchase a home.             New - Sellers concessions are limited to 3% of the purchase price.             New - Upfront mortgage insurance premium is increased to 2...
Here in my Macomb County MI area we have been in the throes of the foreclosure / unemployment / plummeting home values for several years.   During all of this chaos I've spoken with many people who have tried to have their mortgages modified with the Making Home Affordable program.   They've all...

Kris Wales

Real Estate Blog & Homes for Sale search site, Macomb County MI
local_phone(586) 536-5453
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