Real Estate Blog

 

How to Bridge the Appraisal Gap in Today’s Real Estate Market

If you’re searching for drama, don’t limit yourself to Netflix. Instead, tune in to the real estate market, where the competition among buyers has never been fiercer. And with homes selling for record highs,1 the appraisal process—historically a standard part of a home purchase—is receiving more attention than ever.

That’s because some sellers are finding out the hard way that a strong offer can fizzle quickly when an appraisal comes in below the contract price. Traditionally, the sale of a home is contingent on a satisfactory valuation. But in a rapidly appreciating market, it can be difficult for appraisals to keep pace with rising prices.

Thus, many sellers in today’s

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Learn how to determine your current net worth and how an investment in real estate can help improve your bottom line.

Among its many impacts, COVID-19 has had a pronounced effect on the housing market. Low home inventory and high buyer demand have driven home prices to an all-time high.1 This has given an unexpected financial boost to many homeowners during a challenging time. However, for some renters, rising home prices are making dreams of homeownership feel further out of reach.

If you’re a homeowner, it’s important for you to understand how your home’s value contributes to your overall net worth. If you’re a renter, now is the time for you to figure out how homeownership fits into your short-term goals and your long-term financial future.

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Great starter or resizing home! Great location! Great size yard!! What more could you ask for?? Did we mention it is East facing?? Walking distance to shopping, dining, parks, and oh so much more. Just a few steps away from public transportation. Home features 3 bedrooms, 1 1/2 baths, an eat-in kitchen along with a fabulous 3 season room that is so inviting you will never want to leave. The backyard has a perfect spot for a garden tucked behind the garage, still leaving you plenty of space to play.

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Finding a New Home for Your Next Stage of Life

Imagine the first place you lived as a young adult. Now imagine trying to fit your life today into that space. Not pretty, right?

For most of us, our housing needs are cyclical.1 A newly independent adult can find freedom and flexibility in even a tiny apartment. That same space, to a growing family, would feel stifling. For empty nesters, a large home with several unused bedrooms can become impractical to heat and clean. It’s no surprise that life transitions often trigger a home purchase.

While your home-buying journey may not look like your neighbor’s or friend’s, broad trends can help you understand what to keep in mind as you house hunt. No one wants to regret their home purchase, and taking

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                                                                         $265,000

                                                    3 BD          2 BA       1,440 SQFT

 

Do you dream of lake living?? Here is your opportunity to live the lake life and feel like you're on vacation year-round! This updated 3 bedroom 2 bath home with lake views and deed access to All Sports Ore Lake and the Huron River Chain of Lakes could be yours. Nothing to do but pack your bags and get ready to have fun this summer. Lake access at the neighborhood lake-front park just steps away. Even those pesky occasional power outages will not be an issue for you with the whole house backup generator. This home is located just minutes to downtown Brighton on a public

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                                                                     $379,900

                                             4 BD          2.5 BA       1,930 SQFT

 

 

This move-in-ready 4 bedroom, 2 1/2 bath condo features a cozy 2-sided fireplace in the living room backing to the 4th bedroom or study. Vaulted ceilings and skylights enhance the main floor living area. The first-floor master suite(currently used as a sitting room) gives you a little space away from the kiddos, additional 2 bedrooms upstairs share a Jack and Jill bath. Providing everyone in the family plenty of space to relax. Updates include granite counters in the kitchen, Hardy Plank siding, and a newer roof. This property is located on the bus route and very convenient to

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