In Michigan , as I’m sure may be the case in many other states, the GSE’s Fannie Mae and Freddie Mac were exempt from paying some of the local taxes imposed by counties on the transfer of real estate properties. The GSE’s claimed the exemption under the widely held theory that Federal Governmenta
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10/26/2011
I was so happy 45 days ago to finally get a “regular sale”, a sale that I even thought would be an easy sale. I have a buyer who has a great credit score and who is putting about ½ down on the property and I still am have headaches getting this sale through the ubiquitous and mysterious “underwr
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10/20/2011
It was the best of times, it was the worst of times, it was the age of cheap homes, it was the age of falling inventory, it was the age of short sales, it was the age of the short seller, it was the age of low mortgage rates, it was the age of high down payment requirements, it was the age of aff
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10/17/2011
I get lots of real estate news feeds. There always seems to be stories about the Top 10 this or that. There’s usually at least one a week about the 10 worst real estate markets and maybe one about the Top-10 real estate recovery markets. For the longest time the Detroit area market seemed to m
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10/12/2011
Today’s Realtor Magazine news feed had four headlines (among others) that caught my attention. On the surface they seem to be innocuous little articles, but when you read the stories and think about what is being said or suggested they bring some further thoughts to mind. 1. Housing Can Be 'Key
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10/06/2011
In the land of euphemisms the new real estate term “Reverse Staging” may rank up there close to the top of the rankings of obfuscous language. What is reverse staging and how does one do it? Well, it is a polite euphemism for destroying your own house to decrease its value. It basically means t
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10/01/2011
