Southwest Michigan Realtor

By Michael Delaware, REALTOR®

October 21, 2014
by Michael
Comments Off on New look for Southwest Michigan Realtor blog

New look for Southwest Michigan Realtor blog

Buying a home in Southwest Michigan can be easy.

Buying a home in Southwest Michigan can be easy.

I took some time yesterday to update and revise this blog, and give it a new look. It now has some new features including polls about southwest Michigan and a few advertisements to support the operating costs. The main cover photo I have at this time was one I took at Fort Custer recreation area last September, and I liked the lone tree effect. I look forward to posting some new articles more regularly on this blog in the coming months.

The good news is that after several years of a down treading market in terms of values, the medium home values have been climbing throughout the year in most areas of southwest Michigan. This is good news for people who want to sell their homes, as well as it for buyers as the time is right to get value in the months and years following the purchase of a new home. More on this to come soon!

January 24, 2014
by Michael

Land Contract Homes: The Top 10 Mistakes Home Buyers Make… And How to Avoid Them!

Land contracts homes are a popular option for home buyers who are in a situation where they will have to wait to Land Contract Homes: The Top 10 Mistakes Home Buyers Make... And How to Avoid Them!purchase a home due to a challenged credit situation.  On January 18th of this month I released a new book entitled: Land Contract Homes: The Top 10 Mistakes Home Buyers Make… And How to Avoid Them!‘ in an effort to answer questions I frequently receive concerning land contracts.

Over the years I have written many blogs on real estate in Michigan, and Land Contract Homes continue to be a popular topic of inquiry.  In 2012 I wrote and released two books on this subject, one entitled: ‘Understanding Land Contract Homes: In Pursuit of the American Dream and the other one ‘Land Contract Homes for Investors’.

Both of these books have been popular with those interested in learning about the subject.  However, after two years I discovered that there were still questions that people had.  Some were still getting into trouble with land contract arrangements and therefore I decided to write a book specifically addressing the most common mistakes.  Thus this new book is now made available in both paperback and print.

This new book covers the subject of seller financing of residential real estate, and addresses the top ten mistakes home buyers make when choosing this method of acquiring a home. The reader will learn what a land contract is, how it is structured and what are the essential legal problems to be aware of and avoid.

The book will help the reader identify quickly the key areas that can create trouble for the home buyer with the landClick here to see all of Michael Delaware's available books contract, and construct an agreement mutually beneficial to both parties to avoid these problems. Understanding these common areas of difficulty makes it simple and easy to avoid. Neglecting any of them can make for a painful and expensive lesson after the fact.

Land Contracts are a popular form of seller financing. They offer a home buyer a means to purchase a home on an immediate basis, while they prepare for refinancing the home at a later date. This book will serve to educate the reader on how they work, as well as give them the knowledge they need to create the best possible future for themselves as a home owner.

If you would like to order a copy in paperback, you can click here to get a copy.  If you would prefer to read this book in an eBook format, I have a Kindle version available here.

January 1, 2014
by Michael

Medium Home Values Up Across Southwest Michigan in 2013

Now that we have closed out another year, it is always a good idea to look at the final market numbers on the year.  In comparing the medium home value in Calhoun County in 2012 ($79,948) to the medium home value in 2013 ($95,123) we see that there was approximately a 16% increase.  This information was taken from the Southwest Regional Information Center Multiple Listing Service (MLS) in review of all sales in Calhoun County.

Medium home sale values are on the increase in Southwest Michigan.

Medium home sale values are on the increase in Southwest Michigan.

In Branch County as a comparison there was a 14% improvement over the same time, however in St. Joseph County there was just a 1.5%.  In Hillsdale County there was an increase of 12% in medium home values, and in Kalamazoo County there was an 8% increase. So in most of major markets in the Southwest Michigan area there was a positive home sales value increase from 2012 to 2013.

This kind of improvement opens the door for greater values from home sales for sellers, and should create a greater urgency with home buyers in 2014 to take advantage of the improving market with low interest rates.

December 30, 2013
by Michael

New Book on Home Ownership Released in Print in Time for a New Year

Going Home...Renting to Home Ownership in 10 Easy StepsIn 2013 I released an eBook to help prospective home buyers with navigating from renting to home ownership.  In December I finally was able to release ‘Going Home… Renting to Home Ownership in 10 Easy Steps‘ in paperback as well.

This book helps someone who has no idea how to buy a home and where to start to qualify for a mortgage.  It takes them through the steps to change from renting to home ownership.  It even addresses how to find professionals to work with and how to overcome credit problems if they exist.  It is designed in a simple easy to follow format intended to guide the reader through the entire process and make it easy.

This book is available in all major book distributors, and also as an eBook.  So in 2014 if your plans include to become a home owner, you might consider availing yourself of my book on the subject.  Happy New Year!