Bring Your Builders to Kingsley – Build to Lease Own Terms

Sharon Reid-Brown | Remerica-Traverse City | 231-632-6260 3075 Bowerman Rd, Kingsley, MI Bring your Builders 3 Bdrm Single Family House offered at $59,900 Year Built 1950 Sq Footage 1,056 Bedrooms 3 Bathrooms 1 full, 0 partial Floors 1 Parking 2 Car garage Lot Size 0.5 acres HOA/Maint $0 per month DESCRIPTION Bring in your builders! Seller will give a builder lease to own terms for up to 1 year on this 3 bedroom fixer-upper on corner lot with garage. Exterior siding & roof already done. Sweat equity money can’t get easier than this. Also available another 1/2 acre corner lot. see additional photos below View Listing Details PROPERTY FEATURES Living room Stove/Oven Basement Washer Dryer Yard COMMUNITY FEATURES Garage parking ADDITIONAL PHOTOS Seller contact info: Sharon Reid-Brown sharonreid@remerica.com Remerica-Traverse City 231-632-6260 For sale by agent/broker Equal Opportunity Housing Posted: Mar 31, 2008, 9:36am PDT

Market Update & MSHDA Change

MSHDA increases the rate to 5.375%
  
Week of: Monday, March 10, 2008 

Present Market ConditionsTremendous volatility was the continued theme for financial markets last week. Investors and consumers are hopeful that aggressive Federal Reserve actions coordinated with strong banking industry reforms might counter much of the negative news that is dominating the major media outlets. Record high oil prices and the latest job loss numbers have created the most recent round of negative sentiment. 

ExpectationsAnother expected Feds Funds rate cut on March 18th will, at a minimum, add some psychological improvement to the housing and financial market woes. FNMA and FHLMC raised their lending limits, allowing for greater access to capital and the ability for the nations two largest investors to help struggling homeowners refinance and purchase homes. Middle range fixed rate mortgages, those with fixed terms between 5 and 7 years, should become very attractive over the coming weeks and months. 

GuidanceNow is an excellent time for consumers to take advantage of the historically low rates. Contact Georgie to discuss a tailored mortgage solution to meet your unique financial goals. Traverse Mortgage Corporation(231) 947-9700  (800) 968-3680

Now IS the Right Time to Buy in Michigan!

Weakness in the market has always been equated to buying opportunities. Never has this axiom ever been more accurate then the chance for investors to buy properties in Michigan at significantly discounted prices.

As most of the nation knows Michigan has been in a recession for several years as a result of loss of jobs in the all important automobile sector, high state taxes, a generally anti-business mentality and environmental concerns that are now being addressed to permit a more friendly business climate. ALL of the negative this is changing far ahead of the rest of the nation and translates to opportunity.

In every cloud there is a little gold. Only now are other states beginning to feel the harsh pinch of foreclosures, unemployment etc.. Michigan may have led the way down but the real estate market HAS stabilized and is producing great investor opportunities in the real estate market throughout the State.

Want a single family home; commercial buildings; bundles of foreclosed single family home properties; manufacturing facilities; vacant land; idle developments with installed infrastructure; your call!! There remains a significant unsold inventory throughout the State and that spells opportunity!

For investors of all categories now is the time be it Canadian, Middle Eastern, US or Euro based investors. Email for more information or to establish a relationship with a professional.   

Brought to you by:
Brent Nichols 
brent@remerica.com
(231) 941-8283
Broker/Owner

Builders Own Home For Sale

5079 S Colonial Drive

Traverse City, MI

Great west side home convenient to West Jr & Sr High Schools, Willow Elem, Munson & Olsen’s. 4 BR on main floor & 3 BA w/ walkout LL framed for addtl BR, BA & living rooms. Private backyard setting w/ knotty pine covered porch overlooks landscaped pond. Textured walls w/rounded corners set this home aside from most. Gas FP in living & nat. fireplace off back covered porch. There are 4 covered porches in all. One could be for in-home office off garage.

For more information Mary Murray call 231-632-2343 or marymurray@remerica.com or visit www.remericatc.com.