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Angie's Real Estate Corner

Blog by Angie Ridley
Flint, Michigan

Genesee Co. MI Real Estate and more.....A Real Estate Counselor makes the difference.

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Angie's Real Estate Corner

Beautiful and spacious home...5206 Carpenter Rd. Flint, MI. 48506 for $137,000

Oct. 30, 2009
Categorized in: Flint Homes and Westwood
 
Deanna Ruhstorfer | Complete Realty, LLC | deanna@completerealtyllc.com | (810) 744-4600
5206 E. Carpenter Rd., Flint, MI
Beautiful Home!
4BR/1.5BA Single Family House
 
offered at $137,000
Year Built 1966
Sq Footage 2,120
Bedrooms 4
Bathrooms 1 full, 1 partial
Floors 2
Parking 2 Car garage
Lot Size 15,680 sqft
HOA/Maint $0 per month

DESCRIPTION

Plenty of living space inside and tons of fun to be had in the backyard (basketball, tennis and swimming). The kitchen, roof shingles, siding and window are all newer. 16 x 16 extra garage. Fenced in yard beautiful deck off the Florida room. Stove, Fridge, Dishwasher, Washer and Microwave stay. The hot tub is negotiable. Seller is motivated!
 

 
see additional photos below
PROPERTY FEATURES

- Central A/C - Fireplace - Hardwood floor
- Family room - Living room - Dining room
- Dishwasher - Refrigerator - Stove/Oven
- Microwave - Basement - Washer
- Balcony, Deck, or Patio - Yard - Swimming pool

OTHER SPECIAL FEATURES

- Tennis, basketball, swimming area
- Florida Room
ADDITIONAL PHOTOS


Photo 1

Photo 2

Photo 3

Photo 4

Photo 5

Photo 6
Contact info:
 
Deanna Ruhstorfer
Complete Realty, LLC
(810) 744-4600
For sale by agent/broker

 
powered by postlets Equal Opportunity Housing
Posted: Oct 30, 2009, 11:13am PDT

Ready for new homeowners... 515 Campbell St. Flint MI. 48507 for $34,500!

Oct. 30, 2009
Categorized in: Flint Homes and Westwood
 
Angie Ridley | Complete Realty, LLC | angie@angieridley.com | 810 744 4600
515 Campbell St., Flint, MI
Ready for new homeowners!
3BR/1BA Single Family House
 
offered at $34,500
Year Built 1952
Sq Footage 956
Bedrooms 3
Bathrooms 1 full, 0 partial
Floors 1
Parking None
Lot Size 4,500 sqft
HOA/Maint $0 per month

DESCRIPTION

Picture perfect, new carpet, fresh paint, new fixtures, ready for you... Nice windows with lots of lighting, home faces the north...
 
see additional photos below
PROPERTY FEATURES

- Central A/C - Living room - Basement
- Yard    

OTHER SPECIAL FEATURES

- Porch
- Shed
ADDITIONAL PHOTOS


Photo 1

Photo 2

Photo 3

Photo 4

Photo 5

Photo 6
Contact info:
Angie Ridley
Complete Realty, LLC
810 744 4600
For sale by agent/broker
powered by postlets Equal Opportunity Housing
Posted: Oct 30, 2009, 9:27am PDT

Enjoy your new home...5276 N. Henderson Rd. Davison, MI. 48423 for $69,900!!

Oct. 30, 2009
Categorized in: Davison Homes
Angie Ridley | Complete Realty, LLC | 810 744 4600
5276 N Henderson Rd., Davison, MI
Come relax in your new home!
4BR/2BA Single Family House
offered at $69,900
Year Built 1957
Sq Footage 1,352
Bedrooms 4
Bathrooms 2 full, 0 partial
Floors 1
Parking None
Lot Size 1 acres
HOA/Maint $0 per month

DESCRIPTION

Fresh paint and flooring through out... Large open floor plan... 1st floor laundry, large deck, 1.5 story storage shed, 200 amp service, wildlife everywhere!!! Move in...Price has just been reduced from $74,700 to $69,900

see additional photos below
PROPERTY FEATURES

- Central A/C - Walk-in closet - Living room
- Office/Den - Basement - Laundry area - inside
- Yard

OTHER SPECIAL FEATURES

- 1.5 story storage shed
- Deck
ADDITIONAL PHOTOS


Photo 1

Photo 1

Photo 2

Photo 3

Photo 4

Photo 5
Contact info:
Angie Ridley
Complete Realty, LLC
810 744 4600
For sale by agent/broker

powered by postlets Equal Opportunity Housing
Posted: Nov 20, 2009, 9:33am PST

Move in Ready!4922 Alpha Way Flint, MI. 48506 for $25,000

Oct. 13, 2009
Categorized in: Flint Homes and Westwood
 
Deanna Ruhstorfer | Complete Realty LLC | deanna@completerealtyllc.com | (810) 744-4600
4922 Alpha Way, Flint, MI
 
3BR/1BA Single Family House
 
offered at $25,000
Year Built 1959
Sq Footage 969
Bedrooms 3
Bathrooms 1 full, 0 partial
Floors 1
Parking 1 Car garage
Lot Size 60 sqft
HOA/Maint $0 per month

DESCRIPTION

You won't believe how nice this house is. Many updates: Ceramic floors, Hardwood floors, curtins..All appliances stay! Beautiful landscape! One car garage. Fenced yard with deck off the slider. This house is ready for you to move right in!
 
see additional photos below
PROPERTY FEATURES

- Central A/C - Hardwood floor - Dining room
- Dishwasher - Refrigerator - Stove/Oven
- Microwave - Basement - Washer
- Dryer - Yard  

COMMUNITY FEATURES

- Garage parking    

OTHER SPECIAL FEATURES

- detached car with electricity
- Fenced yard
- curtains
ADDITIONAL PHOTOS


Very nice Home

Dining

Kitchen

Bathroom

Living room

Living room
Contact info:
 
Deanna Ruhstorfer
Complete Realty LLC
(810) 744-4600
For sale by agent/broker
powered by postlets Equal Opportunity Housing
Posted: Oct 13, 2009, 1:12pm PDT

Come relax in your new home! 6410 Canada Rd., Birch Run, MI. 48415 for $39,000

Oct. 13, 2009
Categorized in: Birch Run Homes
 
Angie Ridley | Complete Realty, LLC | 810 744 4600
6410 Canada Rd., Birch Run, MI
Come and relax at your new home!
3BR/1BA Single Family House
 
offered at $39,000
Year Built 1970
Sq Footage 960
Bedrooms 3
Bathrooms 1 full, 0 partial
Floors 1
Parking 1 Car garage
Lot Size 1 acres
HOA/Maint $0 per month

DESCRIPTION

Very nice home with some new updates! 3 bedroom home with 1 acre of land, an attached garage with electricity, a patio to relax on and a Shed for extra storage. Must see! Call Complete Realty, LLC today at (810) 744-4600
 
see additional photos below
PROPERTY FEATURES

- Hardwood floor - Living room - Dining room
- Dishwasher - Balcony, Deck, or Patio - Yard

COMMUNITY FEATURES

- Garage parking    

OTHER SPECIAL FEATURES

- Attached garage with direct access and electricity
- Shed
ADDITIONAL PHOTOS


Curb view

Bright kitchen

Living area

Back yard view

Side yard

Dining
Contact info:
Angie Ridley
Complete Realty, LLC
810 744 4600
For sale by agent/broker
powered by postlets Equal Opportunity Housing
Posted: Oct 29, 2009, 1:51pm PDT

Why should I buy now if prices are still going down?

Apr. 28, 2008
Categorized in: Real Estate Information

Consumer will not pick an agent based on who mailed the best pie recipe post card.  They are looking for one that can provide facts.

How do you answer the question:  Why should I buy now if prices are still going down?

Because of the changing market, you may not financially qualify tomorrow for what you financially qualify for today. 

The government is getting involved in the economy by lowering credit card and short term loans.  The impact of this action the interest rates will raise. 

            Price Today $150,000 @ 6% = $899.53 per month
              
Price Later   $138,000 @ 7% = $918.12 per month

 MI 2008 Projected Foreclosures 28,239.
         MI homes affected by the 28,239 is 1,442,570.

The 2008 waive of foreclosures is not because of loans, it's because the values are declining so people just walk away.  The people that are walking away don't realize the market will come back and real estate is a cycle.

Kearsley School district Real Estate November Stats

Dec. 9, 2007
Categorized in: Kearsley Schools
Kearsley School District Real Estate Stats November 2007
Kearsley New homes on the market: 39
Kearsley Total homes on the market (active): 197
Kearsley Number of homes entering escrow (pending): 13
Kearsley Number of homes closing escrow (sold): 10
Kearsley Number of homes expiring: 20
Avg Days on Market: 133

Nov. 1-Nov. 30

Kearsley New homes on the market: 39

Bedrooms Baths Square Feet List Price Price per Sq. Ft. Ave lot Size
High Price 5 3.5 2,078 $220,000 $106 1.23
Low Price 2 1 864 $30,000 $35 1.1
Average Price 3 1.5 1,341 $110,229 $82.20 0.79

Kearsley Total homes on the market (active): 197

Bedrooms Baths Square Feet List Price LP/SqFt Lot Size
High 5 5.5 4,815 $438,000 $91 0
Low 3 1 900 $19,900 $22 4.25
Average 3 2 1,431 $120,663 $84 0.9

Kearsley Number of homes entering escrow (pending): 13

Bedrooms Baths Square Feet List Price LP/SqFt Lot Size
High 4 2 1,850 $149,900 $81 1.14
Low 3 1 1440 $19,900 $14 0
Average 3 1 1,448 $73,672 $51 0.47

Kearsley Number of homes expiring: 20

Bedrooms Baths Square Feet List Price LP/SqFt
High 3 2.5 1,880 $194,900 $104
Low 4 2 1040 $56,900 $55
Average 3 2 1,514 $132,730 $88

Kearsley Number of homes closing escrow (sold): 10

Bedrooms Baths Square Feet List Price LP/SqFt Sold Price SP/SqFt SP/LP Days on Market
High 3 2 2,128 $139,900 $66 $133,500 $63 95% 152
Low 2 1 672 $29,900 $44 $25,000 $37 84% 70
Average 3 1 1,197 $69,020 $58 $63,820 $53 92% 133
Listings Summary
Active Ave List Price Sq Ft Lp/SqFt
0-100K 77 $ 72,202.00

1159

$ 62.30
101-150k 82 $127,000.00

1383

$ 91.83
151-200k 28 $173,410.00

1925

$ 90.08
201-400 9 $269,922.00

2300

$ 17.36
6 month 3 month
view trend
Months of Inventory on the Market 15 16
Odds of Selling a Home 18.88%
(this is an overall view, your individual circumstances will vary)

Foreclosure, Short Sale or Deed in Lieu

Aug. 24, 2007
Categorized in: Real Estate Information

Complete Realty, LLC is attempting to assist homeowners’ that are facing possible foreclosure.  There are more options:  Short sale or Deed in Lieu.

Short Sale

Homeowners who are upside down and can no longer make their mortgage payment, up to now the only option was bank foreclose. That’s not a good option since a foreclosure sticks on your credit record for at least 10 years. Experts are now advocating a “short sale.”  You sell the house for a loss, and the bank agrees to take a loss (although they could still demand the homeowner make some kind of payment or share the loss). Posted by: Dean Foust on March 05, http://www.businessweek.com

Put another why,

A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes.   http://www.nolo.com/definition.cfm/Term/51715E63-5BC5-4DCE-B5E96F71DFF3D5AB/alpha/S/

A Deed in Lieu of foreclosure (DIL) is a disposition option in which a mortgagor voluntarily deeds collateral property in exchange for a release from all obligations under the mortgage. A DIL of foreclosure may not be accepted from mortgagors who can financially make their mortgage payments.  Please see the following website for more information.  http://www.hud.gov/offices/hsg/sfh/nsc/faqdil.cfm  The lender is not required to accept the Deed in Lieu and can show his/her refusal by filing a Notice of Non Acceptance with the County Recorder. In any event, a decision is required whether to accept the Deed in Lieu. Usually the owner is submitting the Deed in Lieu when he/she is unable to meet his/her obligations and the property equity has gone to zero.  http://www.wealthnetwork.com/products/prod_foreclose/deed_lieu_foreclose.htm  Your bank will tell you if they will allow the Deed in Lieu.

To start either process the home must be listed with a licensed real estate agent in most cases.  The client will need to sign an authorization for the creditor to speak to the listing real estate agent.

You may not need this information personally, but you may know someone who needs this information.  Please tell them to give us a call.  We are helping people save their credit.

Flint Area Assocation of Realtors to date Stats

Aug. 6, 2007
Categorized in: Real Estate Information

Wow, the listing total in the Flint Area Association of Realtors (FAAR) has reached a record high, 8192 listing.  This does not include homes for sale by unrepresented sellers, nor does this figure represent homes listed by out of area real estate agents.  The average number of listings use to be 3000-4000.

Actual closed sales are are close to last year.  FAAR is down about 66 closing, this year to date FAAR agents closed 2804 last year, 2870.  2001 was acutally a tougher year for real estate agents, just less noticed.  2001 had 2551 total closings.  We sure wasn't paniced then.  The years between average about 3000-3200 closings per year.

I don't have to tell you the prices of homes have dropped dramatically because of the price investors are purchasing foreclosed homes at.  Some are angry at the investors and some home buyers getting these good deals.  I look at this way, the home gets fixed up, the purchase helps the neighborhood stay in tact and the cycle of a seller's market will begin again in a couple of years.

I was watching the news today, I was stirred when I heard some banks and lending companies will no longer provide mortgages until the market changes.

The news keeps taking about sub prime loans, I don't think the news ever explained sub-prime loans.  Sub prime loans are loans that would not be approved through normal channels.  Sub prime loans have special investors and fees.  Adjustable rate mortgages are an example.  Loans that require no documentation are also an example. 

FHA loans are up.  FHA seems to be the new sub prime as my brother from ICON Mortgage Lending puts it.  It's the new sub prime with the government calling the shots.  Right now, that's a good thing!