The property database ATTOM Data Solutions released its 2018 U.S. Foreclosure Market Report earlier this month. Although it shows that the number of foreclosures nationwide dropped to a 13-year low in 2018, some cities in Michigan ended up having some of the highest...
real estate transactions
What are some common property disputes between neighbors?
When many of us set out to buy a house in Trenton, we're often consumed by finding one that checks off all the boxes on our wish list. Many times, it includes physical attributes that we'd like our house to have but not what we're looking for in terms of neighbors....
Selling your home during the winter isn’t easy
If the thought of trying to sell your Michigan home during December and January sounds difficult to pull off, then you're right about that. It is.It's during this time of the year that people are often running around shopping, heading out to holiday parties or are...
Buying a home in Michigan? Here’s what you can expect
Congratulations. You've decided to buy a house in Michigan. It's an exciting time, but also one full of trepidation as you think about making such a huge investment. There's a lot to consider and do when you buy a home.Here are some tips to prepare you for the process...
What steps should I take to transfer my home to my kids?
As a parent, you may want to ensure that a hard-earned asset such as your home ends up in your children's hands once you pass away. Unless you make that clear during the estate planning process, it's not guaranteed that this will occur. There are three steps you can...
You should be cautious when deeding over your property
If you're looking to purchase or sell a property, then you may have heard the terminology "warranty deed" used to describe it. You may wonder what that means and how it impacts your ownership of the home.A warranty deed is simply a document that the seller of a...
Detroit metro home values on quickly increasing
A recent report published by ATTOM Data Solutions reflects that the current home appreciation rate is currently the lowest it's been since the second quarter of 2016. Their data shows that during this year's second quarter, homes in the United States have been selling...
Detroit is stopped from foreclosing on homes with unpaid taxes
A class action lawsuit, which had been previously filed by the American Civil Liberties Union (ACLU) against both Wayne County and the City of Detroit, was settled on July 3. Upon its signing, Wayne County homeowners who'd failed to pay property taxes would longer be...
What’s a broker’s role in a real estate transaction?
If you're selling your home, then you've likely heard the words "realtor" and "broker" thrown around. While you may readily think of the person who you contact to either buy or sell a home as a realtor, you may not know what the role of the broker is.A real estate...
Why do homeowners short sale their homes?
Right now across many areas of the United States, house prices are once again on the rise. It's because of this that many prospective homeowners find themselves in a bit of a bidding war, competing to offer the best price to get their hands on their dream homes.While...