Posted by remerica on March 10, 2008
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
Posted in Agent News, Buyers, Buying, Commercial, Condos, Euro Buyers, Fixer-Upper, Foreclosure, Land, Michigan Economy, Multi-Family, Northern Michigan, Pre-foreclosure, Real Estate, Recreational, Short Sales, Single Family, Vacant Land | Leave a Comment »
Posted by remerica on March 7, 2008
1563 Green Oak Dr
Interlochen, Mi
Nearly new contemporary ranch has much to offer; full, finished basement w/large BR & family room (go ahead, make it into a game room). Main level offers hickory cabinets & Corian countertops in the kitchen. Beautiful natural stone FP in the living room, making it perfect for snuggling close to. Large (10.5 x 6.5) main floor laundry (no more stairs mom), private master suite w/private bath. In the evenings, sit on the covered front porch or out back on the large deck. Oversized garage. Imm. possession! $174,900
Virtual Tour URL
Click for detailed information
For more information call Jan DeWildt at 231-620-4562 or jan@remerica.com.
Posted in Buyers, Buying, Euro Buyers, Grand Traverse County, Interlochen, Northern Michigan, Pre-foreclosure, Real Estate, Short Sales, Single Family, Traverse City | Leave a Comment »
Posted by remerica on February 28, 2008
Major downward price adjustments in real estate have been the order of the day in Northern Michigan for the past several months making Northern Michigan a tremendous buying opportunity for investors, home buyers and those looking for vacant land in paradise.
The brakes seem to have finally gone on regarding foreclosures as new foreclosures declined dramatically in January 2008. According to several recent articles the reduction in foreclosures in Michigan dropped by as much as 7% in January. Fishing for the bottom? Who knows!
If you are a Euro buyer looking for real estate of all classifications now is the time. Banks are selling short on those properties they own as they try to blow out their unwated inventory of homes and we are now seeing a dramatic round of “pre-foreclosure” bank approved price adjustments to keep banks from owning more property.
Bank foreclosure and pre-foreclosure approvals have put great pressure on builders and private home sellers alike. If you are buying now is the time to acquire your real estate in Northern Michigan. Wait no longer – time to buy!
Brought to you by:
Brent Nichols (brent@remerica.com)
Broker/Owner
Posted in Buyers, Buying, Euro Buyers, Foreclosure, Michigan Economy, Northern Michigan, Pre-foreclosure, Real Estate, Short Sales | Leave a Comment »
