All articles from: January, 2010

FHA Guidelines Change: The More You Know…

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Getting an FHA mortgage on a home will get a little more difficult this spring and summer. From the official announcement of the new FHA guidelines: Mortgage insurance premiums are increasing from 1.75% to 2.25% (based on mortgage amount) Sub-580 FICO scores will need to bring a minimum 10% in downpayment to the table Seller [...]

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Plymouth Ice Festival 2010

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Beginning Friday night at 7:00 pm, the Plymouth, Michigan Ice Festival will be open all weekend! Red Wing Tomas Holmstrom will officially open up the 28th annual Ice Festival. Here’s a Google Earth view of this year’s event. Check out the schedule of events for this years event: EVENTS/ACTIVITIES: COMPLETE SCHEDULE OF EVENTS Admission is Free! [...]

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2009 In Review: Plymouth Real Estate

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2009 proved to be an interesting year in the Plymouth, Michigan real estate market. Like many other real estate markets, Plymouth had its share of obstacles: tighter credit markets, increased underwriting standards, decreasing property values, etc. But one thing did remain the same: properties still sold! As a part of a regular feature here on [...]

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Plymouth Coffee Bean Co.

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The Plymouth Coffee Bean Co. is Plymouth’s best locale for a cuppa joe and quiet reflection. Year round, they host live music, open mic nights and poetry readings. “The Bean,” as it’s known locally, is famous for its eclectic clientele, and for its outdoor decks (front and back), which attract patrons nearly every month and [...]

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What Works…and What Doesn't…

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The game of selling real estate in the greater Northville, Plymouth, Novi, Canton, etc. market – and everywhere else, for that matter -  just keeps changing. Tried-and-true techniques that sold homes effectively for literally DECADES are in many cases now nearly completely ineffective, and other methods have arisen almost overnight that are extremely effective. Here [...]

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Why Team Professional One?

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Everyone knows a Realtor in the greater Plymouth, Northville, Novi, Canton, Michigan market. Most people know many. So, amidst all these choices, why should YOU consider Professional One? Here are the reasons: EXPERIENCE We have over 100 man-years and nearly $500M of residential real estate sales experience, with the vast majority of our transactions occurring [...]

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Short Sales: If You Need To…

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Recently Michael McClure wrote a post on short sales and why, as a buyer, they may not be the optimal option for you to consider.   So, what happens if you are a seller and find yourself in the position of needing to sell your home short? You Are Not Alone First, understand that the [...]

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6 Critical Questions to Ask Your Next Listing Agent

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If you are a typical home seller in the Plymouth/Northville/Novi/Canton, etc. market, you know something about real estate. You’ve probably bought and sold a home before, and you may have bought and sold multiple homes. And, because of that, you probably have an established relationship with a Realtor. Maybe even several Realtors. And perhaps your [...]

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Short Sales: NOT for Everyone!

Many buyers are in the market right now SPECIFICALLY to buy a home because so many are being sold under “distressed sale” situations. But BEFORE you join the ranks of these “deal-of-a-lifetime” seekers, consider this: fully 60% – SIXTY PERCENT! – of all short sales NEVER CLOSE! Watch this video for more information: My advice: [...]

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Real Estate Do’s & Don’ts

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When it comes to buying or selling a home in the greater Plymouth, Northville, Novi, and Canton real estate market, the game has truly changed – very dramatically, and quite recently. Here are a few of the highlights: Approximately 90% of all buyers now start their home search on the internet. Google is the dominant [...]

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