Lee Morof's (leemorof) Blog

By
Real Estate Agent - RE/MAX Showcase Homes
RECENT BLOG POSTS
If you lost your Bloomfield Hills home due to foreclosure, you probably haven't given up on the dream of owning a new home. The good news is that a number of guidelines have changed which may allow  you an opportunity to buy that new home sooner than you think.   There are a few guidelines that l...
03/19/2013
Ideally, when you are moving to a new Royal Oak home, you will want to do it on a pleasant and sunny day which makes everything much easier. However, if you are moving in the winter, or an unexpected deluge shows up on your pre-arranged moving day, it can really dampen your enthusiasm and throw a...
03/12/2013
There is a lot of misleading and incorrect information about Bloomfield Hills real estate short sales. Many people don't have a clear understanding of the purpose of short sales or how they actually work. Essentially, a short sale is when one sells their home for less than the balance remaining o...
03/05/2013
The process of buying a foreclosed home is slightly different from the process of buying a non-foreclosure home.  If you want to invest in Birmingham foreclosures, therefore, it is important to understand the different ways by which to purchase a foreclosed home. There are three main ways to buy ...
02/26/2013
Experienced home sellers in Birmingham know that reaching a sales agreement with a potential buyer can be just the start of the negotiation process. There are often inspection issues to resolve, among other items. One particular negotiation point which can present difficulties for both buyers and...
02/20/2013
As a home buyer in Bloomfield Hills , you can get a feel for whether a home's systems and appliances are in working order. However, you can't know for certain until after the home's been inspected. This is why real estate agents recommend that buyers hire a licensed home inspectors immediately af...
02/12/2013
Real estate agents in Bloomfield Hills real estate will tell you that it can be harder to sell a home in the winter. The days are colder and shorter, leaving less time to show a home to potential buyers. The good news, though, is that most buyers looking at houses in the winter aren't just killin...
02/05/2013
Foreclosure-tracker RealtyTrac reports falling foreclosure sales nationwide as banks get better at selling homes via short sale. In its Q3 2012 report, RealtyTrac says that 193,059 homes in some stage of foreclosure were sold, accounting for 19% of all residential home sales. In addition, pre-for...
01/29/2013
If you enjoy both history and fixing things, then you may have trouble driving by historic homes for sale in Royal Oak without feeling the urge to buy and fix one up. Before you do, however, you should know the three R's of fixing historic homes -- Restoration, Renovation, and Repair. Restoration...
01/22/2013
A short sale is when a property is sold for less than its remaining mortgage principal balance, and executed as a way for both the existing homeowner and mortgage lender to reduce their respective losses. Typically, although not always, short sales are reserved for situations of extreme financial...
01/15/2013
Rainmaker
130,488

LeeMorof

Associate Broker, Attorney, CDPE
local_phone(248) 514-2640
smartphone(248) 514-2640
Contact The Author