One of the cities in my area has a wonderful online service in which you can find out the current taxes, utility bills (water and sewer) and also check to see if there are any permits that have been pulled for repairs or renovations. In the case of vacant homes (foreclosures, REO's, etc.) there
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10/28/2009
It's taken too many years but the city of Detroit finally said to landlords: "If you own a home or an apartment building in the city and you rent out the home or apartment it is your responsibility to make it lead free." Is it going to be expensive for landlords? Yes. Is this new ordinance go
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10/23/2009
Oh, the wonderful world of bank owned properties!Let's see, first the sellers disclosure is stamped: "Exempt" or some such other language. The bank owners have never lived in the home so they surely cannot attest to the condition of the home unless they have inspected it. I get it. My buyers
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10/21/2009
The other morning I read a wonderful article by Rich Jacobson. He wrote about how we as real estate professionals need to the voice of reason and trust to our clients,as well as telling us about a real life situation in which this was conveyed professionally by him to his clients and vice verse.
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10/08/2009
My Macomb County MI area has been in the midst of this housing value decline for several years now, and I thought it would be interesting to see how this past September home sales compared to the previous September sales data (2007 and 2008). While we aren't seeing home prices stabilizing as of
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10/04/2009