Northern Michigan Foreclosure Update
Today I was reading the magazine REO Insider and found that Michigan is ranked number 5 as of April 2010 with foreclosure filings. Out of the fifty states Vermont has the lowest ranking. Unemployment is not the only reason for most states foreclosure filings, but it is the largest contributing factor in most states. In front […]
Ausable River Homes And Cottages
The Spring Listing Season Is Upon Northern Michigan’s Ausable & Manistee River Country Crawford and Roscommon counties had an unusually dry winter and spring until the last week. With April showers owners of river property are starting to list their waterfront property. With inventory increasing, now is a great time to get out into northern […]
Higgins Lake Real Estate Tax Assessments
Great News For Lakefront Property Owners At Higgins Lake For the last 3 years I and many other people have been objecting to the property assessments being over valued. Assessments did not reflect the down turn in values around the lake. Assessments topped out at $7,100 per foot in Gerrish Township. In Gerrish Township, the […]
Elk Skegemog And Torch Lakes Real Estate
Spring Is Upon Northern Michigan Lakes As The Sun Melts Ice Off The Pristine Waters of lakes located in northwest Michigan area of Grand Traverse Bay. The view from 2000 feet over Elk, Skegemog and Torch lakes is one that you will never get used to. Even though the sky was hazy with a rain front […]
North Branch Ausable River Log Home Sold
Waterfront property continues to be in demand these days. 10235 Twin Bridge Rd in Lovells Township SOLD January 29th, 2010 for $285,000. Lovells Township is located in Crawford Counties northeast corner north of Grayling. With 150 feet of frontage on the world renowned North Branch of the Ausable River, recreational seeking families are investing in […]
Houghton Lake Real Estate Market Report
Happy New Year to you and I hope you have a safe and prosperous year ahead. The 2009 Houghton Lake real estate market was a year of continued foreclosures with loads of property available to interested buyer’s throughout the Houghton Lake area. Sales were steady with seller’s discounting prices to come into line with market […]
Higgins Lake Real Estate Financing
Evaluate Your Adjustable-Rate Mortgage – Higgins Lake Real Estate Financing If you have an adjustable-rate mortgage, be sure to investigate your loan options well before the rate on your ARM resets. An adjustable-rate mortgage, or ARM for short, is attractive to homeowners because the introductory interest rate is often lower than rates […]
Northern Michigan Property & Casualty Insurance
Purchasers of property should research insurance for the property they are buying during the contingency period. It is common practice with insurance agencies to require a C.L.U.E. (comprehensive loss underwriting report) when they quote and offer to insure a property. The C.L.U.E. report may report losses that may have occurred over the past 5 years. This could be […]
Houghton Lakefront Real Estate Sold Market
Investors portfolios are realigning as buyer’s purchase waterfront property. From January to November 3rd of this year 33 lakefront properties have SOLD on Houghton Lake. The average LISTING price was $222,184 and the average SOLD value was $202,884 for the period. The LOWEST LISTED price was $112,200 and the the LOWEST SOLD price was $116,700. […]
Higgins Lakefront Real Estate Sold Market Continues
Higgins Lakefront real estate continues to be in demand as buyer’s realign their investment portfolios. From January of this year to November 3rd, 17 lakefront properties on Higgins Lake have SOLD. The average LISTING value was $477,717 and the average SOLD value was $408,552 for the period. The LOWEST LISTED price was $159,000 with the LOWEST SOLD […]
