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All About Michigan Real Estate

By Tom Gilliam | RE/MAX Classic, Exceeding Your Expectations
(RE/MAX Classic)
  Benefits of Using a Realtor: Complete Essential Guide Did you know that nearly 90 percent of home buyers and sellers use a Realtor to navigate their real estate journey? Buying or selling property is one of the biggest financial decisions most people ever make, so having expert guidance makes all the difference. A skilled Realtor offers more than listings and sign posts—they deliver deep market insight, strong negotiation, and trusted support at every step of the complex process.Table of Contents What A Realtor Does For Buyers And Sellers Expert Market Knowledge And Pricing Strategies Maximizing Marketing And Home Exposure Skilled Negotiation And Transaction Management Legal Protections, Risks, And Client Advocacy Comparing Realtors Versus Selling By Owner Key Takeaways Point Details ...
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By Tom Gilliam | RE/MAX Classic, Exceeding Your Expectations
(RE/MAX Classic)
  8 Key Questions to Ask Your Realtor Before Buying or Selling Did you know that nearly 90 percent of homebuyers rely on a real estate agent’s expertise when making one of their biggest investments? Choosing the right realtor makes a real difference, especially in fast-moving markets like Oakland County, Michigan. Local insight, smart marketing, and strong communication shape both your experience and your success. Asking the right questions up front helps you find a trusted advocate who knows how to navigate your unique goals.Table of Contents 1. What Experience Do You Have In My Local Area? 2. How Will You Market My Home Or Find One For Me?Key Marketing Strategies A Top Realtor Should Demonstrate Include 3. What Is Your Pricing Strategy For My Needs?Critical Elements Of An Effective Pr...
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By Tom Gilliam | RE/MAX Classic, Exceeding Your Expectations
(RE/MAX Classic)
  Solar Panels in Michigan: Complete Homeowners Guide Did you know that Michigan has installed over 2,100 megawatts of solar energy and now covers nearly 2 percent of the state’s electricity needs? More families are turning to solar panels as the cost of electricity rises and environmental concerns grow. With new technologies and a range of incentives available, homeowners across Michigan are finding real opportunities to cut bills and shrink their carbon footprint.Table of Contents Solar Panels In Michigan Explained Types Of Solar Panels And Systems Installation Process And Local Regulations Incentives, Rebates, And Tax Benefits Costs, Maintenance, And Resale Value Key Takeaways Point Details Growing Solar Capacity Michigan has installed 2,100 MW of solar capacity, contributing around ...
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By Tom Gilliam | RE/MAX Classic, Exceeding Your Expectations
(RE/MAX Classic)
  Real Estate Market Cycles: Complete Breakdown Did you know that home prices in Novi rose by 5.6 percent year-over-year while selling faster than ever before? Understanding why the market moves the way it does can mean the difference between a wise investment and a costly mistake. Real estate market cycles do not just shape local prices, they influence when buyers, sellers, and investors make their biggest decisions. Knowing these patterns helps you spot the best time to act and avoid risks in places like Oakland County.Table of Contents Defining Real Estate Market Cycles The Four Phases of Market Cycles Explained Key Drivers Influencing Market Cycles Recognizing Local Trends in Oakland County Risks, Opportunities, and Investing Strategies Key Takeaways Point Details Understanding Mark...
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By Tom Gilliam | RE/MAX Classic, Exceeding Your Expectations
(RE/MAX Classic)
  Mortgage Rates Explained: Key Factors Influencing Costs Did you know that Oakland County homes reached a median sale price of $375,000 in September 2025, with 39 percent selling above the asking price? Mortgage rates play a major role in how far your money goes when entering this fast-paced market. Unpacking the facts about rates, debunking myths, and understanding lender differences can put you one step ahead as you plan your next move in Oakland County’s thriving real estate scene.Key Takeaways Point Details Understanding Mortgage Rates Mortgage rates are influenced by multiple factors, including credit scores, down payments, and market conditions, impacting overall loan costs for homebuyers. Economic Influences Changes in the Federal Reserve’s policies, inflation, and unemployment ...
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By Tom Gilliam | RE/MAX Classic, Exceeding Your Expectations
(RE/MAX Classic)
  Hidden Costs of Buying a Home Explained Did you know the average U.S. homeowner now faces over $21,000 in hidden costs each year beyond their mortgage? Many buyers in Oakland County overlook crucial expenses like property taxes, insurance, maintenance, and upfront fees, only to be caught off guard later. Failing to anticipate these extra financial demands can easily turn an exciting new home into an unexpected burden. Awareness of these costs is the first step to making smarter home buying choices and protecting your investment.Key Takeaways Point Details Hidden Costs are Significant Nationwide, hidden homeownership costs average $18,118 annually, underscoring the importance of budgeting for more than just your mortgage. Budget for Upfront Fees Buyers should anticipate $10,000–$20,000...
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By Tom Gilliam | RE/MAX Classic, Exceeding Your Expectations
(RE/MAX Classic)
  How to Sell Inherited Property: Step-by-Step for Oakland County Did you know that the probate process for inherited property in Michigan can last anywhere from six months to a full year? Many heirs find themselves facing unfamiliar legal steps and emotional decisions that can feel overwhelming. Understanding each phase, from confirming legal ownership to preparing your home for sale, can make a world of difference in both your financial outcome and peace of mind.Quick Summary Key Point Explanation 1. Confirm Legal Ownership First Understand and verify your legal rights to sell the property by navigating the probate process. | | 2. Assess Property Value Thoroughly | Schedule a professional appraisal and document any necessary repairs to gauge the home’s market value. | | 3. Prepare the...
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By Tom Gilliam | RE/MAX Classic, Exceeding Your Expectations
(RE/MAX Classic)
  How to Improve Curb Appeal for Oakland County Homes Did you know that a home’s curb appeal can sway up to 99% of buyers before they even set foot inside? First impressions matter, especially in a competitive market where every detail counts. From neglected landscaping to faded paint, even small exterior flaws may cost you thousands or scare off potential buyers. By learning how to spot and fix these common issues, you can turn your home’s exterior from overlooked to eye-catching and raise its value with smart, simple upgrades.Quick Summary Key Point Explanation 1. Identify key exterior issues Document structural problems like roof damage, chipped paint, or cracks to prioritize essential repairs before listing your home. 2. Power wash for instant improvement Use a power washer to remov...
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By Tom Gilliam | RE/MAX Classic, Exceeding Your Expectations
(RE/MAX Classic)
  FHA Loans Explained: Key Benefits, Rules, and Process Did you know that FHA loans allow buyers to purchase a home with as little as 3.5 percent down? This flexible option opens doors for many people in Oakland County who might struggle to qualify for conventional mortgages. With only modest credit and steady income, first-time buyers often find FHA loans create a smoother path to homeownership. Understanding how these government-backed mortgages work empowers you to make the best decision for your financial future.Key Takeaways Point Details Accessible Financing FHA loans allow for lower credit scores and down payments, making homeownership attainable for low to moderate-income borrowers. Mortgage Insurance Requirement Borrowers must pay both upfront and monthly mortgage insurance pre...
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By Tom Gilliam | RE/MAX Classic, Exceeding Your Expectations
(RE/MAX Classic)
  7 Pros and Cons of Modular Homes for Oakland County Buyers Did you know modular homes can cut your construction time in half and save you up to 20% on building costs? These homes are rapidly gaining popularity in Oakland County, appealing to buyers who want high quality, efficiency, and customization without breaking the bank. The rise of modular construction offers a smart solution for families who value energy savings, strong resale potential, and a shorter wait before moving into their dream home.Quick Summary Takeaway Explanation 1. Faster construction reduces timelines significantly Modular homes can be completed in as little as 4–6 weeks, allowing buyers in Oakland County to move in much sooner than with traditional construction. 2. Modular homes offer cost savings of 10–20% Fac...
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By inboundREM Market Updates
(InboundREM)
The Role of the Macomb County Probate Court in Real EstateFor homeowners and homebuyers in Michigan, the Macomb County Probate Court may not seem relevant—until it suddenly is. Whether you’re handling an inherited home, purchasing a probate property, or preparing an estate plan, this court often determines how real property is transferred after a death.As a local realtor in Macomb County, I’ve seen how probate can delay or complicate sales when families aren’t prepared. But with the right understanding and guidance, the process can move forward efficiently while protecting everyone’s interests.What the Probate Court DoesThe Macomb County Probate Court is responsible for managing estates, guardianships, and conservatorships. When someone passes away, their estate—including real estate—ma...
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By inboundREM Market Updates
(InboundREM)
The Oakland County Farmers Market: A Community StapleOne of the most cherished destinations in Oakland County, Michigan, is the Oakland County Farmers Market, where the region’s agricultural history meets today’s passion for local living. Located in the heart of Waterford Township, the market is a symbol of the county’s dedication to fresh food, sustainability, and community connection—values that resonate with both long-time residents and new home buyers.If you’re searching for homes in Oakland County, living near the farmers market means more than convenience—it means embracing a lifestyle centered around health, community, and local pride.A Rich Tradition of Michigan FarmingThe Oakland County Farmers Market traces its roots back to the 1950s, when local farmers began gathering to sel...
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By Tom Gilliam | RE/MAX Classic, Exceeding Your Expectations
(RE/MAX Classic)
  Understanding Landlord Responsibilities in Michigan A Michigan landlord has more to think about than just collecting rent. More than 70 percent of tenant complaints in the state focus on maintenance and safety issues. Many assume the rules are full of loopholes for property owners but Michigan law actually spells out some of the toughest responsibilities in the Midwest and skipping them can cost thousands.Table of Contents What Are The Key Responsibilities Of Landlords? Maintaining Safe And Habitable Living Conditions Property Maintenance And Timely Repairs Legal And Administrative Responsibilities Why Understanding These Responsibilities Matters Financial And Legal Protection Building Positive Tenant Relationships Long-Term Investment Strategy How Michigan Law Defines Landlord Obliga...
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By Tom Gilliam | RE/MAX Classic, Exceeding Your Expectations
(RE/MAX Classic)
  How to Stop Foreclosure: Essential Steps for Homeowners Falling behind on your mortgage can feel like a runaway train with no brakes. More than one in twelve homeowners in the US have faced foreclosure threats in the past decade, turning a family home into a source of anxiety and sleepless nights. Yet what surprises most people is that the very first step to stopping foreclosure is not about calling a lawyer or your bank but about uncovering the real story your own budget tells—and that one shift can change everything.Table of Contents Step 1: Assess Your Financial Situation Step 2: Contact Your Lender Immediately Step 3: Explore Loan Modification Options Step 4: Develop A Repayment Plan Step 5: Seek Professional Help If Needed Quick Summary Key Point Explanation Assess Your Financial...
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By Tom Gilliam | RE/MAX Classic, Exceeding Your Expectations
(RE/MAX Classic)
  How to Save for a Down Payment: A Step-by-Step Guide Saving for a home down payment in Oakland County can feel overwhelming, especially when you see how Oakland County homes for sale often require anywhere from $15,000 to $80,000 upfront just to get your foot in the door. But here’s the truth — every homeowner starts exactly where you are now. Most people think the hardest part is making those big numbers work on paper, when in reality, it’s the small, consistent choices and steady planning that make homeownership far more achievable than it seems.Table of Contents Step 1: Assess Your Current Financial Situation Step 2: Set A Realistic Savings Goal Step 3: Create A Monthly Budget Plan Step 4: Open A Dedicated Savings Account Step 5: Explore Additional Saving Strategies Step 6: Monitor...
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By Tom Gilliam | RE/MAX Classic, Exceeding Your Expectations
(RE/MAX Classic)
  Understanding What is Probate Real Estate Probate real estate deals with properties that go through a special court process after someone passes away and these transactions are not your usual home sales. Some probate properties sell below market value, making them especially attractive to investors and buyers who know what to look for. Most people expect these deals to be quick and straightforward. The reality is probate can tie up a property for months or even longer, presenting a maze of legal requirements and big opportunities all at once.Table of Contents Defining Probate Real Estate And Its Importance What Exactly Is Probate Real Estate? The Importance Of Understanding Probate Real Estate The Probate Process: How It Affects Property Ownership Understanding Probate Court Proceedin...
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By David John Medendorp, CCIM, GRI, Investments, Waterfront Homes, Muskegon
(Medendorp Real Estate Group Muskegon )
     Why David Medendorp is One of the Best Realtors in Muskegon and West Michigan  When you’re buying or selling real estate in West Michigan, the difference between an average experience and an exceptional one often comes down to the Realtor you choose. For more than three decades, I’ve built my business on one simple foundation—trust, expertise, and results. I’m David Medendorp, Broker/Owner of Medendorp Real Estate, serving Muskegon and the surrounding lakeshore communities. My career began in residential sales—helping families find homes that truly fit their lifestyle. Over time, that passion for real estate evolved into a broader mission: helping clients maximize the value of every property, whether it’s a single-family home, investment property, or large commercial site.  A Prove...
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By Tom Gilliam | RE/MAX Classic, Exceeding Your Expectations
(RE/MAX Classic)
  Understanding the Real Estate Terminology Glossary Buying or selling a home in Oakland County can feel like learning an entirely new language. There are dozens of terms tossed around in real estate contracts and confusion can get expensive fast. Research from the National Association of Realtors shows that misunderstandings from unclear terminology can lead to costly deal complications. Most people assume real estate language is just legal padding but these words actually hold the keys to protecting your money and shaping the outcome of every transaction.Table of Contents Defining Key Real Estate Terms: What They Are And Why They Matter The Foundation Of Real Estate Communication Why Terminology Matters In Oakland County Professional Guidance Makes A Difference The Importance Of Real ...
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By Tom Gilliam | RE/MAX Classic, Exceeding Your Expectations
(RE/MAX Classic)
  8 Essential Tips for New Homeowners in Oakland County Buying a home in Oakland County is a major milestone. Homeowners here spend an average of $3,192 every year just on maintenance and repairs, a number that surprises even the most prepared buyers. Some think the hardest part is landing the right mortgage or picking the perfect location, but the real challenge begins after you get the keys. That first year is packed with decisions—and some of the most expensive surprises come from the things few people actually warn you about.Table of Contents Understand Your Home’s Systems And Maintenance Create A Budget For Homeownership Expenses Prioritize Home Safety And Security Features Build A Reliable Network Of Local Services Learn About Homeowner’s Insurance Options Get To Know Your Neighbo...
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By Tom Gilliam | RE/MAX Classic, Exceeding Your Expectations
(RE/MAX Classic)
  7 Best Weekend Getaways in Michigan for Your Next Trip Michigan is packed with weekend getaways that surprise almost everyone who visits. No matter how many travel guides you read, you probably have not heard that the state is home to over 4 million acres of public land in the Upper Peninsula alone. Most people picture lakes and forests and quaint towns. But the real secret is how Michigan blends world-class wine country, untouched natural reserves, and one of the most vibrant cities in America for a getaway like nowhere else.Table of Contents Discover Traverse City For Wine Lovers Enjoy The Natural Beauty Of Mackinac Island Unwind In The Charming Town Of Saugatuck Experience Outdoor Adventures In The Up Visit Historic Frankenmuth For Family Fun Relax At Lake Michigan’s Grand Haven Ex...
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