New Howell Listings Coming Soon

Both of these homes have just completed renovation work. They are in 'move-in' condition. I expect them to be listed sometime this week at an affordable price for first time buyers, and there will be no offers considered for the first 7 days, then offers from owner occupants only till day 13.  Contact me for more information. Wells Fargo pre-approvals will be needed for ofers on both of these homes.  NO REAL ESTATE SIGN PLACED UNTIL LISTED.

307 Chilson Rd, 48843

MLS# not yet issued
Listing Price: $ not yet determined
Bedrooms: 3
Baths: 1 full
Sq.ft: 1044

Amenities: Disabled access ramp, 1 car garage, new range.

Description: 1953 built, great location near to Grand River. Close to newer retail district at Latson and Grand River and Downtown Howell just minutes away. 1 acre lot, deck. Interior remodeled, 3rd bedroom upstairs.

831 Meadowlark Ln, 48843

MLS# not yet issued
Listing Price: to be determined
Bedrooms:# 3
Baths:#1 Full, 1 Half
Sq.ft:# 1598
Acres: 0.18

Description: Fowler Heights Sub in the City of Howell, municipal services, fenced yard, great deck w/privacy fence. Cement floor basement with four feet clearance is suitable for plenty of storage. Fresh paint, carpet, minor repairs and new appliances. First floor laundry.

Feel free to pass this along to anybody you know that may be interested.

Housing Market Activity

There seems to be a lot of activity in the housing market right now.  As well it should.  We are seeing ridiculously low mortgage interest rates (floating just over and under 4% for 30 yr loans), housing prices are (finally) starting to creep upwards after years of decline, and the buyers that are ready to move out of rentals recognize this is a great time to purchase.

We are seeing low inventory levels, lower than what I consider 'desirable', which makes buyers do a lot of shopping.  And a lot of the inventory is in a condition that doesn't suit itself to quick decisions on writing a purchase agreement. But buyers that miss a few opportunities figure out the winning game plan.

1. Get new listings reviewed quickly, first on screen, then as a drive-by.
2. Get into the ones you want to see as fast as possible.
3. Write a fair offer.

The last one is very subjective, but understanding that any home priced at 'market' value and in decent or good condition will receive multiple offers is important, too.  In most cases, you will get a chance to come back with your 'highest and best' offer.  Highest, as in price, and best, as in terms.

If you're mainly looking at short sales, you need patience as a Number 4 on the above list.  Foreclosure homes sell quicker as a rule, but you may need to consider a rehab loan or doing a lot of work before moving in to the house, so it's not for everyone.

If you're thinking about buying a house in Brighton or selling a house in Howell, call me.  I also work other areas, and I can always refer you to a good agent in other markets if necessary.