Macomb County Real Estate Blog - Mike Mitchell

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Real Estate Agent - Kee Realty

ARCHIVED BLOG POSTS

2007 

What are REO'sI hear that quite often from people, REO stands for Real Estate Owned.  It is an industry term, for a bank owned foreclosure. An REO has already gone through the foreclosure process, is owned by the bank and usually back on the market. Basically REO = Bank Owned Home.               ...
10/26/2007
   You're going to purchase your first home. You've already been pre-approved with a mortgage rep. and your working with a REALTOR. You find a home you think is the one. Whether you're putting money down or going with a Zero down gift program, there are other, what I call, out of pocket costs. Wh...
10/09/2007
St. Clair Shores Market Report  for September 2007 - Houses There were 49 closed transactions in SeptemberAverage List Price: $158,737  Average Sale Price: $148,739Average Total Days on the Market: 152There are currently 40 homes "Pending" from the month of September.            Of the 49 houses ...
10/01/2007
Rainmaker
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Mike Mitchell

REALTOR (R)
local_phone(586) 840-0400
smartphone(586) 291-2652
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