Allen Park

The first time buyer tax credit expires on 11/20/2009.   This means you have to be closed by this date in order to qualify.  There is legislation pending that will extend this tax credit, but to date has not passed.  If you live and work in Michigan this tax credit is essential to our economy.  Please » Read more  

Was told today that minimum FICO (credit) scores were increased from 620 to 640. Does not make sense to me…banks are using TARP money to invest in other revenue streams and buying up smaller banks.   This will reduce the number of first time buyers that previously could have purchased a » Read more  

One way to look for market improvement when you are or have been in a declining market is to look at the difference between list price and sales price.  I am looking at private owned sales for the months of July, August and the first 15 days of September.  Here is what I discovered. July: » Read more  

If you are serious about taking advantage of the “First Time Buyer Tax Credit” you better start getting busy with finding your new home. The program is slated to end November 30, 2009. That means you have to have closed the transaction by this date. There is talk about an extension, but the bill is » Read more  

Any time you enter into a negotiation on an offer to purchase on your home you always have to determine what is the breaking point. What this means is at what point do you say that enough is enough and you don’t care if you lose the buyer or not. Now, please realize that the » Read more