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Price Reduced! Exquisite home on 15 acres- hunt in your own back yard!

http://www.mirelocation.com/Listings/DetailsAuthenticated/243310355?

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Over the next 3202368315_77bc4b3013_o - Copyseveral days I will be making significant changes to this blog. Many of the posts were written when the housing market was down and distressed sales were the norm (foreclosures and short sales).

Tags and categories were assigned accordingly.

We now appear to be back to a normal market, and I am rearranging tags, categories and posts to better “educate” and opine on more current topics. I will be recycling some posts that are still relevant. Many will be updated. And of course there will be new posts.

I also have several other blogs and am considering posting more general posts on this and my buyer site and more specific posts on my area (Orion or Lapeer for example) or lakefront sites. Then maybe just link those posts on the more general sites like this one.

Any feedback about the updates is greatly appreciated.youtube 5

No reason for the photo- I just like it.

This is a common question I get when a person is considering selling their Southeast Michigan home. First let me explain that most everything is negotiable; the purpose of this post is to address what is customary for the Oakland County and Lapeer County areas.

Costs to the seller:

  • commission (I normally charge 6%, 10% on vacant land)
  • transfer tax (.75%)
  • revenue stamps ($1.10 per $1000)
  • title insurance (depends on the sale price)
  • $245 file retention fee (amount varies with different companies)
  • misc. costs such as wiring fees, recording fees and I usually estimate on the high side at $500 but is probably closer to $100 on most transaction

If you currently have a mortgage on the house that will have to be paid out of your proceeds. Taxes are usually prorated to the date of closing and if you are current on your taxes you will probably get some back. Homeowner association dues is usually prorated to the date of closing. Water and sewer bill (if applicable) are paid at closing.

If there is possession $200 or $300 is usually escrowed at closing to cover any water/sewer charges for the time you live in the house as a tenant after closing. You will normally pay the new owner’s house payment for the time you stay after closing. So you agree on 45 days possession after closing, we will typically escrow 45 days of the new owner’s mortgage and you pay for the days you stay.

These costs are for a normal sale- not short sale or land contract sale.

For more information about selling your Oakland County or Lapeer County MI home please don’t hesitate to contact me.

Jackie Hawley, Realtor
Coldwell Banker Professionals
Jackie@JackieHawley.com

Cell: (248) 736-6407

www.JackieHawley.com

Why it’s best to close on your Oakland County home as soon as the buyer gets loan approval

There are many reasons to close immediately after the loan is approved and the buyer is clear to close. Even if that happens 3 or 4 weeks prior to the close by date.

  • Seller can die
  • Buyer can die
  • Buyer can lose his/her job
  • Buyer can run up a credit card and no longer qualify
  • Buyer can get a job transfer
  • Buyer can break up with or divorce co-buyer

All of the above have happened in transactions I’ve been involved in (except for the first one).

If it is difficult or impossible for the seller to move a few weeks early, you can always work out something regarding possession. There’s a good chance the buyer’s new house payment is lower than the seller’s current house payment. Prices still haven’t peaked and interest rates are very low.

Jackie Hawley, Realtor, ePro
Coldwell Banker Professionals
(248)736-6407
Jackie@JackieHawley.com

www.JackieHawley.com

What to expect on the listing appointment

Preparing your home for sale

Why I Like Zillow

Why Zillow is a Good Thing

They are well optimized so my listings get good exposure.

And their Zestimates are SOOOOOOO wrong!!

The first is a no brainer. Free exposure with a pretty decent format. My listings are attractively displayed with multiple photos and a good description. I can edit the photos and text, and it allows me to link a virtual tour.

Many agents belly ache that we are giving our listing data over too easily just for Zillow to sell leads to other agents. This is true, but there is nothing I can do about that. Most sellers would not be happy if I excluded Zillow from displaying their listing. And I don’t blame them. So for now I take the free advertising.

Many agents have also been whining lately about the inaccuracy of Zillow’s Zestimates or estimated house values. And they are correct. Most of the estimated home values on Zillow are crap. From my perspective this is a good thing. It bolsters my belief that sellers and buyers still need us. If a computer program can accurately price a home, it greatly reduces the need for real estate agents and appraisers.

So in my mind Zillow is a good thing- further proof for the need of a real estate professional and free advertising on a highly ranked web site.

Thinking of Selling

Thinking of Buying

www.Search-The-MLS.net

Jackie Hawley, Realtor
Coldwell Banker Professionals

Cell: (248)736-6407
www.JackieHawley.com 

Paperless is NOT green

I’m getting pretty tired of listening to agents boast about being paperless thus calling themselves “green.”

First of all- something is substituted for paper. Usually a device that is electronic – more than likely built from petroleum products and run (charged) with coal.

I have no problem with plastic and electronics- But I don’t call myself “green.”

Secondly- Paper comes from trees. New growth trees with flat leaves (not pine trees) gobble up carbon monoxide and expel oxygen. Tree farms are good for the environment and economy.

Green is a lifestyle. Green is also a word that is bandied about, often by those who don’t live a lifestyle anything remotely close to green.

Disclaimer – I am far from paperless and don’t call myself green. I recycle, compost, grow and raise most of my own food (shredded paper is great mulch) and have set aside 6 acres of my own property as a waterfowl habitat in conjunction with my county.

Marketing Your Home

Why List With Jackie

Preparing Your Home For Sale

Should I stay around for the showing?

Many home sellers in Oakland and Lapeer County Michigan ask this question. You should leave and I should not be there either.

For the showing you want potential buyers to be as comfortable as possible. You want them to feel free to express any concerns or dislikes to their agent. Often this is a sign of interest and a good buyer’s agent will often times have solutions. Nobody wants a buyer to pass on a house because of something curable.

You want the buyer to feel comfortable enough to sit down, feel like they’re at home. Placing furniture. Kids picking out their rooms.

You don’t want them to feel rushed or inhibited. You don’t want them to feel like they’re being “sold” anything.

Getting Your Home Ready For Sale

Home Evaluation

What to Expect on the Listing Appointment/How Much Does it Cost to Sell?

Why List With Jackie

Jackie Hawley, Realtor
Coldwell Banker Professionals

Cell: (248) 736-6407

Jackie@JackieHawley.com
www.JackieHawley.com