Northville, MI Real Estate News

By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Here are some Northville home selling tips about contingencies in the purchase contract.  The Northville home seller was nervous about all the contingencies in the purchase contract.  In every purchase contract there are contingencies, that must be satisfied, each within a certain time frame, in order for the sale to go through. These are the rules and time lines that the buyer and seller must stick to.  Sure there are some legal loopholes that allow the buyer to void the contract.  But that is normal.  But these four contingencies are standard and won't be deleted out of any purchase contract.  (Unless the buyer or the buyer's agent are stupid.)  They are designed to protect the buyer: from buying a home that has major inspection issues or being a money pit from being tied to buying a ...
Comments 0
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Here is my first story on You don't have much time when buying a foreclosure so here are some Northville foreclosure tips.  My clients put an offer in on a Northville foreclosure.  I usually put in the purchase agreement that the home should close in 45 days which is normally a good amount of time.  Most banks can get the home loan closed in 45 days. Well on this deal my client told me that they were doing a conventional loan with 5% down.  So it put that on the purchase agreement.  Well about 10 days into the contract my client and his loan officer call, and say they have to switch to a FHA loan.  The loan officer didn't realize the client needed more reserves because he had another home.  So they had to switch loans because my client did not have the amount of money need. So they swit...
Comments 1
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Ravines of Northville subdivision is one ofNorthville Townships newer subdivisions.  Ravines of Northville has approximately 115 homes in it.   The layout of the sub is two streets that form a circle and a street that bi-sects the circle.  The homes were built during the years of 1999 -2001. The main entrance of the subdivision is off 6 Mile roads just East of Sheldon Roads.  You can take Sheldon east 2 miles to jump on M-14 expressway or about 3 miles east on Six Mile to I-275.  Ravines of Northville subdivision almost lies directly in between downtown Northville and downtown Plymouth.  Go north you run directly into downtown Northville.  Head south on Sheldon turn left on Ann Arbor Trail you are in downtown Plymouth.  In less than 5 minutes you can be enjoying a good dinner in Plymout...
Comments 1
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Woods of Edenderry subdivision Northville MI has a homeowners association.  Fences are not allowed unless there is a built in pool.  There is an yearly association fee.                                                         Woods of Edenderry is not a big subdivision.  It has approximately 109 homes in it.  The homes were built during the years of 1995 -2004 and were built by Cambridge Homes.  I would call it an upscale community.  Red Wing hockey players have lived in it.  Top Ford Motor Company executives have lived in the subdivision. The Northville homes are mostly Colonial and Cape Cod style.                                                  Square footage of the homes in Woods of Edenderry subdivision Northville MI range from 2800 - 7100 square ft.  Most of the Northville homes ha...
Comments 1
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Looking for a place to take the kids next weekend, then plan on taking them to Maybury State park for the Easter Egg Hunt.  The kid can meet the Easter Bunny, or get their faces painted. There will be an egg scramble with over 4,000 candy and toy filled eggs on April 3, starting at 11:30am.  All kids will receive a goody bag, no matter how many eggs they collect. For more details contact the park at 248-349-8390. Remember Maybury is a State Park so all motor vehicles entering a state park or recreation area must display a Motor Vehicle Permit.  The permits are available for purchase at the park entrance and headquarters. The cost for the permit is $24 for a resident annual and $6 for a resident daily. A nonresident annual is $29 and a nonresident daily is $8. So bring the kids down to M...
Comments 3
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Northville Michigan is a great upscale community in Western Wayne County.  With a great school system, and easy access to freeways makes Northville a place to look into when researching where to live in the Metro Detroit area.  What is nice about Northville is that it has a central downtown that is still vibrant. With uniques stores and locally owned restaurants downtown Northville is a destination for both the local residents and the surronding cities.  Here is a short video of downtown Northville.  Now this is just an amatuer video shot by me and it definitely is not going to win an Oscar in the short film category.  I just wanted to show people that are relocating to Northville or metro Detroit what Northville looks like. Search Northville homes for sale
Comments 2
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
I got that question today from a buyer's mother.  It was a first time home buyer and they are a little nervous about buying. There is no definite answer to buy or wait.  I'm not a psychic and I honestly don't think anybody can predict our economy at this point.  The metro Detroit economy is not good but will the metro Detroit real estate go up or down? My answer is that all home buyers at this point should buy for the long term.  You need to buy with the intention of staying in the home for at least 10 years.  I think we are in for a period of 5 - 7 years of uncertainty.  I think we are going to have periods of flatness and periods of real estate growth.  I don't think we are going to see huge metro Detroit real estate price increases. So let's be the devil's advocate and say real estat...
Comments 5
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Here are the top 5 priced Northville luxury home that are currently for sale.  Northville Michigan is one of Metro Detroit's great areas to live. LIST PRICE STREET NAME SQUARE FOOTAGE BEDROOMS BATHS.LAVS YEAR BUILT $1,449,000 NATALIE 5800 4 5.3 2000 $1,890,000 SPRING 4667 5 4.2 1999 $1,899,000 SEVEN MILE 6027 4 4.3 1999 $1,999,999 FAIRWAY III 8368 5 7.2 1994 $3,500,000 6 MILE 4633 4 5.1 1978 Every home is different some may have an Olympic pool, or a billiard room, or a home theatre center.  Each home above may have some of these great features below.  Here are some of the fantastic features that these homes have: OLYMPIC SIZE SWIMMING POOL BILLIARD ROOM SAUNA SEPARATE APT PERFECT FOR GUESTS ACREAGE HORSE BARN BEAUTIFUL BAR CENTRAL VACUUM AIR CLEANER WHOLE HOUSE SOUND SYSTEM SPAS HOT TU...
Comments 0
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
So you are thinking about investing in Michigan real estate and flipping Michigan homes.  Are you ready?  So now how can you be sure you win the house you are bidding on?  You already know to bid cash but what else will give you an edge in bidding? There are two more areas that the bank considers besides how much cash you are offering.  There are:  whether you want an inspection or not how soon can you close So you want to put the soonest date possible as your closing date.  The bank wants to be free of the foreclosure as soon as possible.  Then they will take an offer that says they will buy the house without an inspection.  They have a sure deal if there is no inspection clause.  The bank wants a sure deal. I always recommend every buyer to get a home inspection.  So I don't recommend...
Comments 0
By Bob Jakowinicz, Michigan Real Estate Agent-- MI Real Adventures
(National Realty Centers Livonia--Bob Jakowinicz)
Northville Michigan Real Estate Bank Foreclosures For sale  Are you looking for a great Northville Michigan bank foreclosure for sale?  We now offer on our real estate websites a quick and easy home foreclosure search tool.  All you have to do is go to www.RealEstateBusyBees.com or www.BobandTeena.com and click on the Northville bank foreclosure link.  What you will see is the bank owned homes for sale come right up with just one easy click of the mouse.  If you have any questions about buying or selling real estate in Northville Michigan please feel free to email us anytime at info@BobandTeena.com
Comments 1
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Currently there are 200 Northville homes for sale on the market as of 11/29/2009.  The least expensive Northville home for sale currently is $84,900.  The most expensive Northville home is 3.5 million dollars.                                       Right now there are only 8 Northville foreclosures for sale.  There are 39 Northville homes for sale that are short sales.  Remember short sales are homes that the owners are trying to sell them for less than what they owe on the mortgage.  Short sales have to be approved by the bank.  They should really call them long sales because short sales can take anywhere from 2 to 6 months to complete.  Many times they don't ever get approved by the bank. The average time on the market for the 200 Northville homes for sale is 161 days.  I am going to b...
Comments 0
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
I recently got a this question from a Northville real estate buyer.  Does Radon pose a serious health hazard to my family?  And really what is radon?  Radon is a naturally occurring, radioactive gas, derived from naturally occurring uranium deposits in the earth. It is colorless, odorless, and tasteless.  It belongs to the group of noble gases, including helium, neon, argon and xenon, which are all characterized by their low level of chemical reactivity.  Radon is also a naturally occurring gas in Earth's atmosphere.  Why is radon is a radioactive gas? It comes from the natural decay of uranium that is found in nearly all soils. So then why is radon hazardous is it occurs naturally?  Radon gas is hazardous when it builds up to high levels.  Congress would like to set home radon levels t...
Comments 2
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
When you buy a Northville foreclosure and you put in an offer the banks want to make sure it is a solid deal from the moment they get the paperwork.  They want to tie it up, they want to lock you in so you don't bail out, THEY WANT TO SELL THE HOUSE AND GET IT OFF THEIR BOOKS. One of the ways they do it is to have you make out a cashiers check made out to their listing agent.  There want their agent to hold the money.  They don't want to wait to have the check clear.  This way they can take one more step to make sure the Northville foreclosure is going to be sold.  No chance for buyers remorse right after you put in your offer. So when you are buying a Northville foreclosure you will have put in an offer.  What happens next is the bank accepts your offer.  They send me, the buyers agent...
Comments 1
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
Selling your Northville home you should use ever sales tool possible but what about open houses.  Very very seldom does a open house attract a qualified buyer that will buy your home.  I myself believe open houses are more likely to be successful in a starter home price range. A $400,000 priced Northville home probably isn't a candidate for open house success.  You are more likely to get qualified buyers that will buy your home if it is under priced under $200,000.  That is the price range that I believe you will have success with open houses. A $300,000 plus home open house will usually only get lookers.  People who have nothing to do for the weekend.  People who are looking for decorating ideas People that want to see how the other half live.   people that are out for a weekend drive ...
Comments 0
By Bob Jakowinicz, Michigan Real Estate Agent-- MI Real Adventures
(National Realty Centers Livonia--Bob Jakowinicz)
  If you are looking for a Northville Michigan Realtor, real estate agent or real estate professional you have come to the right place.  Our office is located at I275 and 6 mile road for easy traveling to Northville, Livonia and Novi Michigan.     We run a quality systematic real estate sales team.  As of now we have a full administrative staff, full time Northville listing Realtor specialist and 2 full time buyer real estate agents.  This gives us every opportunity to do everything possible to either get your Northville home sold or find you the right home that suits your needs.  We are using traditional sales methods along with cutting edge technology in our real estate sales office.     Feel free to visit our websites on Northville Michigan real estate to learn more information about...
Comments 0
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
I just blogged about a bad agent so I thought I should be fair and show that there are some great real estate agents in our Metro Detroit real estate market.  So here is my hats off to Ralph of Century 21 Row . Ralph is one of those REO agents that responds.  I don't even know if he has an assistant.  All I know is that when I email or call Ralph he responds.  In a real estate agent that is a great quality.  It makes the whole real estate deal go smoother. Another thing about Ralph is that he doesn't pass the buck on getting his banks to do the repairs required by the mortgage company.  Not like some agents that turn a blind eye and make us get the repairs done one way or another. So here is a big thanks to you Ralph.                                                          
Comments 2
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
So you are ready to sell a piece of Northville real estate or Livonia real estate but wonder how clean the house should be.  YOUR HOUSE DOES NOT HAVE TO BE WHITE GLOVE READY EVERY TIME YOU SHOW.                                               Yes you heard me right.  Your house doesn't have to be perfectly clean.  You don't have to dust every shelf or put hospital corners on the beds.  But here is my Northville real estate selling tip.  THE HOUSE SHOULD BE ORGANIZED.  Sure sparkling clean windows, counter tops spotlessly clean, and closets and laundry room organized will make your house appeal to buyers but don't kill yourself every time.   You don't want to be like this guy.  Tidy the house up.  Put the dirty clothes in a hamper or hide them.  Pick up the junk on the floor.  Put away you...
Comments 0
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
The latest scam in Metro Detroit real estate is homeowners short saleing their house to a relative.  It is not supposed to happen.  In fact many banks have a form that the buyer signs that they are not related to the seller.  But it is happening.  I myself have heard of one and have heard of others lately. The one I know of (or believe I know of) was helped by the real estate agent.  He was a friend of theirs. I think the Northville home went for over $500,000 originally.  Then the homeowner bought it back for about $300,000.  Not bad to shave off $200,000 off your mortgage. The way they are being able to do a Metro Detroit short sale like this is by having a relative with a different last name.  Sometimes it is an in-law,  sometimes a future wife, or sometimes even a spouse of a relati...
Comments 7
By Bob Jakowinicz, Michigan Real Estate Agent-- MI Real Adventures
(National Realty Centers Livonia--Bob Jakowinicz)
     As our Northville real estate markets heat up just a bit here is a brief update on the area.  There are approx. 150 Northville Michigan homes and houses for sale right now.  The price ranges from on the low end $70,000 to on the high end of over $3,000,000 wow what a difference.       Many of the calls we get are from potential homebuyers who are looking for a certain type of home in Northville and the surrounding area's of Livonia, Novi and Plymouth.  For more information on any of these area's please feel free to visit www.BobandTeena.com or www.Northvillerealestateonline.com .      If you are looking for a Northville real estate agent (Realtor) please feel free to call, email or stop by the office anytime.  Our email is info@BobandTeena.com    
Comments 0
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
If you have a Northville relocation in your future or thinking of buying Northville real estate you will be surprised to find out that Northville MI only has 9 foreclosures currently.  Metro Detroit home buyers have been snapping up foreclosures because they feel they are competitively priced.  We may have reached the bottom of the Metro Detroit real estate and Northville real estate market.  I honestly won't make that prediction that the worst is over but right now I am seeing multiple offers on many homes I have been bidding on for clients. The average market time for these Northville foreclosures is only 69 days.  Late last year we were up to 4 to 6 months average market time.  That has dropped dramatically. Here are all the Northville foreclosures that have sold in the last 60 days....
Comments 0
Northville, MI Real Estate Professionals