Buyers and Sellers in Ann Arbor

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We are seeing this?

Condo’s that don’t qualify for financing FHA? Either they don’t have enough units finished or there are too many renters in there. If they are not on the approved condo list in Washtenaw County, then the condo association has to fill it out. In some cases they are charging $200.00 to fill out the form.

We, ( my daughter ) has written two offers for this Toyota Employee who is desperate to get in a condo, one condo community is not on the approved list. ( not finished yet and too many renters) One is not going to appraise. The listing agent is telling us she will get the sellers to meet the appraised value. hummm…..we’ll see.

We are seeing this?

Sellers are at rock bottom. They price at rock bottom. They accept an offer at rock bottom. They have no more money.

The inspections are done.

The radon is high.

The sellers have no money to mitigate. They feel the buyer has got their home for a steal. In many cases they have. They don’t have or want to put any more money into the house.

The buyers expect them too.

I’ve never had any problems with the sellers mitigating with radon high. Now I do, two offers at one time. One time on the buying side and one on the listing side.

Enough said

The day in the life of an Ann Arbor Real Estate TEAM.

Begin your Ann Arbor Home Search Here. 

We’ll hope it is FHA approved, appraises and has no radon.

Categories: Ann Arbor, Buyers, Sellers

Washtenaw County Market Data for May 2008

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Average List Price

Average Sale Price

Begin You Home Search Here

*** Click on the graph to see the entire graph***

Categories: Ann Arbor, Buyers, MI, Marketing Reports

10 Easy Steps to sell your home in Ann Arbor

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Everyone wants to know what they need to do to get their home sold in Ann Arbor in a buyers market. Homes  that are selling have done the 10 steps listed below. You have a part and the Realtor has a part. Together you can make it happen.

10 Easy Steps to Sell Your Home in Ann Arbor

1)  Hire a technology Realtor

2)  Curb Appeal

Make sure the first impression is a good one. Paint the front door, trim the hedges, plant some flowers. Simple really.

3)  Hire the Realtor that tells you the truth

4)  Price it right from the beginning.

Don’t reduce the price and chase the market down. Homes in Ann Arbor need to be priced  in the top 5 best homes to look at for buyers. Price it right in the beginning.

5)  Make sure your Realtor has a huge internet presence.

6)  Have your home professionally staged.

7)  Use a Realtor that gets the most exposure for your home.

8)  Use multiple photos and a virtual tour on every home, buyers want to see multiple photos. I can’t tell you the number of times I get called from my search site, which is a direct  feed from the MLS, with a buyer requesting more photos. Not my listing but they find it on line and want to see more. In this case there is never too many good photos.

9)  Make sure your Realtor uses a home search site to bring more buyers exposure to the market.

10)  De-clutter.

Throw away, pack it up, move it out. If your not using it then get rid of it. Take it to Salvation Army or Purple Heart.

***Notice any pattern in this ? Thought so...***

Categories: Ann Arbor, Sellers

What is a meme ?

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Matthew Rathburn tagged me last week to do a meme. A meme is an internet game similar to a chain letter except you post on line, and then tag 8 of your friends to answer the same questions. And on and on it goes. You actually do learn some trivial things about people and I guess that is the point. But, this is my 3rd or 4th one since I started blogging so hang on maybe you will learn “something” about me you didn’t know.

The challenge was to answer 8 questions.

The challenge was to pick 8 friends and tag them to answer the same 8 questions. Well, I have a ton of friends on Active Rain, Twitter and FaceBook. Let’s see who will get the least upset with me ?

1) Who is my favorite musical artist?

That’s hard, I like so many and it rotates and evolves depending on my mood, new CD released etc… Overall I love County Pop flavor the best. So I guess my long time favorites are Reba and Martina McBride.

2) Who is my favorite artist?

Saint by Sarah JaneSaint by Sarah Jane. Sarah is my second cousin and designs jewelry. I could never afford it, but my cousin sends me some to wear. It all has meaning and has come at special or difficult times in my life. She designs jewelry with a nature inspired motif. Read the rest of this entry

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