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Market Conditions in Sterling Heights : Real Estate Advice

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  • Local Info7
  • Home Buying44
  • Home Selling3
  • Market Conditions8

Activity 12
Wed Jul 9, 2014
Evelyn W. answered:
Thank you for responding. I am a Licensed RE Salesperson, and I was under the impression that Property Preservation was cleaning out the abandoned property, boarding up the property and doing the landscaping. I did not know the critter removal was part of this too. I was also informed that some people working in the industry do remodeling (kitchen/bath demolition) to kitchens and bathrooms also. I guess you are right, I just want the smaller end of the business with cleaning out the property, boarding the property and keeping the grounds maintained. Thank you for your advice. ... more
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Wed Jun 11, 2014
Oscar Parra asked:
This question was asked from http://www.trulia.com/rental-community/9000008537/Lakeside-Terraces-44525-Pine-Dr-Sterling-Heights-MI-48313/
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Tue Mar 25, 2014
Jennifer Felmlee answered:
Hello,

Are you looking to buy, sell, or rent? I'm not seeing any current listings at that address, but the last condo to sell in that complex was a 2 bedroom, 2 bath that went for $109,500.00 last year. I would be happy to meet with you or send you some more information on comparable properties in the area if you'd like to let me know what you're looking for.

Thank you,
Jen Felmlee
... more
0 votes 1 answer Share Flag
Mon Mar 18, 2013
Vanessa Brown answered:
The property is currently has a offer. If you are looking for something in Sterling Heights I would love you help you find that great home for you. I (Vanessa Brown) can be reach 248.660.0268. ... more
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Sun Mar 17, 2013
Sigrid Garrick answered:
B jewell,

You can go on my website & use my market insider to get information about a particular zip code.


Hope this helps you,

Good luck on your class
0 votes 2 answers Share Flag
Thu Oct 4, 2012
Becky Drob answered:
This complex is NOT FHA approved. I do have a lender that I know of that can do a 5% down conventional mortgage if that works for you BUT sometimes if a complex if not FHA 10% or more is required even with a conventional mortgage and sometimes you would not EVEN be able to purchase with a conventional mortgage. Some complexs have to be sold as a cash purchase. Please let me know if you would like the name and number of the lender who may be able to help you with a conventional mortgage. Also, I would love to help you purchase a condo in this complex or help you find another complex that would work for you.
Respectfully
Becky Drob
586.489.6373
... more
0 votes 5 answers Share Flag
Tue Jul 3, 2012
Edith Karoline Jasser answered:
You know I wish we would all have a crystal bowl to predict the future, not so of course :)

Therefore do not try to predict the market or the future market when it comes to buying your first home.
Connect with a really good area Realtor, someone you trust, you have a good relationship with and
when you think that you have accumulated the cash purchase price you need, have this Realtor search
for the right home for you.....

As a first time home buyer you may need all the guidance you can find, which includes making sure that the home you are buying is a good purchase when it comes to construction, upgrades and updates etc. Do not buy when you think oh it is ok I can fix this that and something else, may be you can but may be once you start you will realize that you got yourself into a situation that you did not really want to be in.

Sometimes unless you are in the construction business, it is better to wait one more year and
buy a home that has been very very well maintained by the former owner/owners.

Just get some professional advice and make sure you do work with a buyers agent, if you need
recommendations get back to me. Remember a buyers agent is free to you, works in your best
interest is committed and loyal to YOU and expect the same from you, but is paid at the end at the
closing table by the sellers side.....

Good Luck to you, any more questions keep them coming.... :)

Well there is actually a very very long list.

So staging to make the home appear up to date (and sometimes it just means removing or moving furniture around), bigger and inviting is no. 1, No. 2 unclutter all your memories, photos and other,
everyone should have and enjoy in their home, when it comes to selling your home, all of those have to go, i.e. they will distract the buyers eyes, and instead of seeing the flow of floor plan and the space
they see photos, and items from trips etc. etc.

A nicely set dining room table and even breakfast table with fresh flowers, makes the buyers see
how they could live in the home.

Oh yeah, the smell of the home, believe it or not, a nice smell in a home, makes people feeeeeeel
goooooood, so they like the home. Many ways to achieve that.....
a) pop popcorn and offer it with water to the viewing public
b) vanilla candles in the bathrooms nice nice nice
c) if you do not want to do the popcorn, then warm up some cinnamon buns in the micro the house
smells like someone just baked a cake.....

And when it comes to staging DO NOT FORGET TH CURB APPEAL AND THE FRONT DOOR, this is the very first impression of the home.... clean, neat, and beautiful plantings or flowers and the
lawn meticulously maintained....

And what turns buyers off Clutter, too much furniture, dirty floors or carpeting, dirty kitchen
stoves and sinks, smell of any kind even if it is just cooking...... darkness, i.e. no light or brightness
in the home (so you may have to removed old curtains !!!) and replace light bulbs make the house
look bright and inviting.....

if for any reason the home has not been painted in several years, and the paint is either old and
somewhat dirty, it needs painting, if it is all in one color, it may need to have several single walls painted in an en vogue color, one wall in the dining room deep red, one wall in the hallways
deep brown or dark gray, one wall in the bedroom a beautiful blue (blue is calming perfect for
bedrooms)...

Hope this helps~

Sincerely yours,
Edith YourRealtor4Life & Chicago and Northern Illinois Expert
Working always in the very BEST interest of her clients, Buyers, Sellers and Investors alike....
Covering for @Properties the city of Chicago, all N and NW suburbs, the fine homes on the
North Shore, and many of the W and SW suburbs, and with her trusted Partner Agents all of
the US and worldwide properties. Edith speaks French, German, some Spanish and other.....
@Properties, 30 Green Bay Rd, Winnetka, Illinois 60093 ---- EdithDoesItRight@yahoo.com or EdithSellsHomes@gmail.com Check out my website at htttp://www.tinyurl.com/MeetEdithHere
get to know me better and learn about my experience, expertise, services available and letters of recommendation of former clients..... Also you can sign up on my site to search for properties in my expanded service area. HAVE THE MOST WONDERFUL DAY :)
... more
0 votes 8 answers Share Flag
Sat May 12, 2012
Ron Ristovski answered:
Carl,

The prices depends on many factors like Karen mentioned. Year built, Lot size, square footage of the house, location, type of home, amount of upgrades / work needed in the house, the curb appeal and more...

Good luck,

http://www.TheBestMIHomes.com
http://www.AffordableMIHomes.com
... more
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Tue Apr 27, 2010
Cathi Walter answered:
This is something we hear a lot about, called the shadow inventory - we don't really know it's true for certain, however, as an active agent in the Palm Springs, CA area - banks have, in some cases, been dragging their feet in the foreclosure process. There is so much inventory on the market right now - it's not difficult to believe they're trying to some degree to find a floor for their own inventory. ... more
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Mon Mar 30, 2009
Aline Macuga asked:
Wed Aug 20, 2008
Matt answered:
2011 is three years away, and may be enough time for you to start making principle payments on your home (or at least save up the cash). If the housing market doesn't rebound within the next three years, then any house you'd currently buy would have lost a lot of its value as well. If you like your house, I would suggest taking a proactive approach and either:
a.) Refinance, coming into the contract with some cash to cover some of the equity you've lost due to depreciation.
b.) Save up money in the next 3 years, then refinance when your ARM matures - using the cash you've saved up to cover the equity loss
c.) If you can't afford paying more than interest-only for the next 3 years, and the market doesn't improve in the next 3 years, you can at least look into a short sale/foreclosure/renting at that point. But 3 years is a long time, and letting your home short sale now (if it's even possible with your bank) will only help further worsen the housing crisis. If you can afford to stay put, I was strongly suggest you do. At the very worst, you would have to short sell in 3 years, then lease to own to give your credit a chance to improve until you can earn a mortgage again.
... more
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Market Conditions in Sterling Heights Zip Codes

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