Tag: analyzing a real estate deal

Things to Avoid After Applying for a Mortgage

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Things to Avoid After Applying for a Mortgage Congratulations! You’ve found a home to buy and have applied for a mortgage! You’re undoubtedly excited about the opportunity to decorate your new home, but before you make any large purchases, move your money around, or make any big-time life changes, consult your loan officer – someone … Continued

What Is the Probability That Home Values Sink?

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What Is the Probability That Home Values Sink? With the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few years. However, the experts disagree with … Continued

Millennial Buying Power Poised to Boost Homeownership

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Millennial Buying Power Poised to Boost Homeownership In a recent article by Realtor Magazine, Mark Fleming, Chief Economist of First American Financial Corporation, notes, “The largest group of millennials by birth year will turn 30 in 2020, which puts them entering their prime homebuying years”. The article continues to describe how millennials have more buying-power … Continued

Home Sales Expected to Continue Increasing In 2020

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Home Sales Expected to Continue Increasing In 2020 Freddie Mac, Fannie Mae, and the Mortgage Bankers Association are all projecting home sales will increase nicely in 2020. Below is a chart depicting the projections of each entity for 2019, as well as for 2020.As we can see, Freddie Mac, Fannie Mae, and the Mortgage Bankers Association all believe homes sales will increase steadily over the next … Continued

How To Avoid Probate Court In Metro Detroit Michigan

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Dealing with probate can be a long and frustrating process. In our latest post, learn how to avoid probate court in Michigan! Nobody wants to have to go through the probate process. By planning ahead, people are able to avoid probate, giving their families the peace of mind they need when dealing with a sad … Continued

A Recession Does Not Equal a Housing Crisis

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A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC] Some Highlights: There is plenty of talk in the media about a pending economic slowdown. The good news is, home values actually increased in 3 of the last 5 U.S. recessions, and decreased by less than 2% in the 4th. Many experts predict a potential recession … Continued

iBuyers: What Is the “Cost of Convenience” When Selling Your Home?

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iBuyers: What Is the “Cost of Convenience” When Selling Your Home? When thinking about selling their house, homeowners have many options. A relatively new option is using an “iBuyer.” What is an iBuyer? According to Jovio, the definition is: “A company or investor that uses Automated Valuation Models (AVMs) to make instant offers on homes. … Continued

Investing In Michigan When You Live Out Of State

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Investing in Michigan is always a great option, even if you live out of state! Even if you don’t ever see the property in person, you can still find yourself a great deal! Learn more about how it works in our latest post! As an investor, you likely began your career by purchasing properties in … Continued

6 Things To Know About A Property Before Investing In Troy!

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Thinking about buying an investment property in the Metro Detroit Michigan area? It is a smart idea that can generate a good amount of wealth for you and your family. Before you invest, we invite you to take a look at these 6 things you need to know about a property before investing in Troy … Continued
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