Posts Tagged ‘Ann Arbor Properties’

Thursday, July 1st, 2010

Homebuyer Credit Extension Heads to Obama!

White House Ann Arbor Home Buyer Credit Extension

Photo: Seansie

Ann Arbor Real Estate News: HomeBuyer Extension Heads to Obama

Per CNNMoney.com article - By Tami Luhby, senior writer

NEW YORK (CNNMoney.com) — First-time homebuyers will have until Sept. 30 to close on their purchases and land an $8,000 tax credit under a bill passed by the Senate late Wednesday.

President Obama is expected to sign the bill, which was overwhelmingly approved by the House on Tuesday. The deadline had been June 30.

The bill doesn’t help anyone currently shopping for a home. Buyers must have signed a contract by April 30 to qualify for the tax break. At issue is when the deal must be finalized.

Qualified existing homeowners also have until Sept. 30 to close on new homes and receive a tax credit of up to $6,500.

Congress has been trying to pass the extension for the last month, but it got caught up in Washington politics. Only when it was separated from a larger jobs bill did deficit-wary lawmakers sign off on it. The extension will only raise the deficit by $9 million.

An estimated 200,000 people have missed out on the tax credit because they wouldn’t have been able to close by the end of business Wednesday. Many are trying to take advantage of short sales, which are complicated deals to complete.

The Senate approved the stand-alone homebuyers tax credit shortly after a failed attempt to advance a bill that combined the credit with an unemployment benefits extension.

Senate Majority Leader Harry Reid, D-Nev., said the chamber will take up the benefits bill again once a replacement for the late Senator Robert Byrd, D-W.Va., is named. Byrd, the longest serving member of Congress in history, died Monday at age 92. To top of page

 
Tuesday, June 29th, 2010

New EPA Regulations on Home Renovations

Ann Arbor Home Makeover Couple Painting a Wall

Ann Arbor Real Estate Home Renovation EPA Regulations

If you have a home built prior to 1978 and you’re interested in doing any renovations, you need to know about recent changes in the laws regarding lead-based paint remediation.

Make sure that when you’re interviewing contractors you ask if they have already completed their certification and training courses so they’re compliant with the new directives.

In general, any activity that would disturb lead based paint in a home, apartment, daycare or school will be included.  Any contractor who is paid to perform renovations is required to adhere to the new EPA regulations.  Violations can result in fines of up to $32,500 per day!

If you, as a homeowner, are making the changes to the home, you are exempt.  Other exemptions can apply for contractors in certain situations (emergency repairs are one such example).

If you’re interested in learning more, you can find more information on the EPA site at:  http://www.epa.gov/lead/pubs/renovation.htm.

As always, we are here to assist you with any of your Ann Arbor Area home buying, home selling, rental or other real estate needs.  Call us at 734-747-7500 or 734-747-7700 weekdays, or 734-660-0105 evenings and weekends.  We’re also available via email at info@prusnyder.com or online at www.prusnyder.com anytime. Choose Prudential Snyder and Company for the best Ann Arbor Realtors!

 
Tuesday, June 15th, 2010

Real Estate Investing (Part 1)

Ann Arbor Real Estate Tip: Real Estate Investing

Things to Consider: Buying Ann Arbor Investment Property

Ann Arbor Realtors at TableOne of the most common mistakes that Investment Property buyers make is forgetting to figure in the additional costs in handling the property. Make sure you have an additional funds ready. Here are the most common extra costs; all these must be taken into consideration when buying an Ann Arbor investment property.

· Vacancy times (when renters aren’t present)

· Property taxes

· Insurance

· Maintenance

· Repairs/Capital Improvements

· Legal fees (in case of bad tenants)

Also keep in mind that you’re dealing with people management, not just property management when dealing with residential investments. If you have tenants who are unhappy, unruly, or destructive, lose a job, have a medical emergency or other loss of income issue, you may have to deal with the repercussions of their misfortune.

If you’re interested in learning more about investing in real estate, please give us a call.  We can help you learn about the profits and pitfalls and can assist you in making an educated decision as to whether or not it’s right for you.

As always, Prudential Snyder & Company Realtors are here to assist you with any of your Ann Arbor Area home buying, home selling, rental or other real estate needs.  Call us at 734-747-7500 or 734-747-7700 weekdays, or 734-660-0105 evenings and weekends.  We’re also available anytime at info@prusnyder.com or www.prusnyder.com online. Choose Prudential Snyder and Company for the best Ann Arbor Realtors!

 
Thursday, March 18th, 2010

Common First-Time Home Buyer Mistakes

Ann Arbor Real Estate Tip: First-Time Home Buyer Mistakes

 

Ann Arbor Realtor at Desk with computerAs both the weather and the market continue to heat up, we’re finding that here in the Greater Ann Arbor Area, more and more first-time home buyers are beginning their home searches. Although the internet is a great place to do research on area properties, it is always a good idea to solicit the advice of a Real Estate Professional. The folks at Real Estate Checklists and Systems (www.realestatechecklists.com) put together the following list of common mistakes… we are here to help you avoid making them!

 

 

1. They don’t ask enough questions of their lender and end up missing out on the best deal.

2. They don’t act quickly enough to make a decision and someone else buys the house.

3. They don’t find the right agent who’s willing to help them through the homebuying process.

4. They don’t do enough to make their offer look appealing to a seller.

5. They don’t think about resale before they buy. The average first-time buyer only stays in a home for four years.

 

 

We offer FREE no obligation HomeBuyer Seminars and workshops to help you learn about the purchasing process. If you’re interested in learning more, please contact us. Prudential Snyder & Company Realtors are here to assist you with any of your Ann Arbor Area real estate needs. Call us at 734-747-7500 or 734-747-7700 weekdays, or 734-660-0105 evenings and weekends.

 

Our website offers a plethora of information on Buying, Selling, Area Open Houses, and more. Visit us at www.prusnyder.com or email info@prusnyder.com for more details. Choose Prudential Snyder and Company for the best Ann Arbor Realtors!

 
Monday, March 1st, 2010

The HomeBuyer Tax Credit

Ann Arbor Michigan TheatreAnn Arbor Real Estate Information: HomeBuyer Tax Cradit

The Homebuyer Credit (available to both first time & some repeat purchasers) is available for homes which go under contract BEFORE April 30th, so don’t miss out on this phenomenal opportunity. For more information on the program details and eligibility, call or email us!

We are here to assist you with any of your Ann Arbor area real estate needs. Call us at 734-747-7500 or 734-747-7700 weekdays, or 734-660-0105 evenings and weekends. We’re also available via email at info@prusnyder.com or online at www.prusnyder.com anytime. Choose Prudential Snyder and Company for the best Ann Arbor Realtors!

 
Thursday, February 11th, 2010

Why Choose Us To Help You Sell?

Ann Arbor Michigan Flowers

Getting the best price is about bringing you the right buyers for your house. This requires a Rock Solid ® marketing plan, targeted media exposure and an extensive network of local and out-of-town buyers. When you work with an Ann Arbor based company with a global support and presence, you’re able to access unparalleled online technology, such as the Online Sellers Advantage programming.

At Prudential Snyder & Company Realtors, we pride ourselves on putting our consumers first. To that end, we have revamped our servicing programs to make information available early and often for all parties in a transaction. Check out our fabulous website with mobile phone search capabilities and ask about our new Relay technology!

We pride ourselves on our ability to work with consumers to find the best solutions for your specific needs. Our agents hold certifications and are specially trained to handle any situation. Whether you require a Short Sale & Foreclosure Resource Certified Agent, or specialty marketing for your Green Living home with an EcoBroker, a Fine Homes Specialist or any other special niche you may require, we can help you!

As always, we are here to assist you with any of your real estate needs. Call us at 734-747-7500 or 734-747-7700 weekdays, or 734-660-0105 evenings and weekends. We’re also available via email at info@prusnyder.com or online at www.prusnyder.com anytime. Choose Prudential Snyder and Company for the best Ann Arbor Realtors!

 
Thursday, February 11th, 2010

Helping Your Kids Buy A Home

Ann Arbor House Miniature Handoff

Ann Arbor Real Estate Tip: Helping Your Kids Buy A Home

Today’s turmoil in the housing market has made it more appealing than ever for many renters to consider purchasing their first home.

 

Whatever your situation, the housing market is ripe for first time home buyers. The Federal HomeBuyer Credit is available for homes put under contract by April 30th, 2010 and closed by June 30, 2010.

 

Interest rates remain low. The market is full of homes that are aggressively priced. If your children approach you for assistance, perhaps it is a valid consideration. Take some time and determine the housing goals, what are the various financing possibilities and the possible tax implications of any assistance you may give your children. Make a non-emotional decision, if possible.

 

As always, we are here to assist you during the whole house-hunting process and all of your real estate needs. Call us at 734-747-7500 or 734-747-7700 weekdays, or 734-660-0105 evenings and weekends. We’re also available via email at info@prusnyder.com or online at www.prusnyder.com anytime.

 

 

 
Friday, January 22nd, 2010

Burns Park Activity YTD 2010

Ann Arbor Real Estate Activity: Burns Park 2010

With all of the negative news that we’re hearing today about the real estate market in the country, we’re happy to say that listing inventories are relatively low right now and regardless of your price-point, the housing market in Ann Arbor and the Greater Washtenaw County Area continues to move along.

 

In an effort to keep you up to date on the market in Burns Park, we’re going to begin posting the recent closings.  Since October 1, 2009, there have been a total of 12 sales here. There are currently 26 active listings for sale properties in Burns Park area.  If you’re interested in further information, we invite you to call or visit our website.

 

 

As always, Prudential Snyder & Company Realtors are here to assist you with any of your real estate needs. Call us at 734-747-7500 or 734-747-7700 weekdays, or 734-660-0105 evenings and weekends. We’re also available via email at info@prusnyder.com or online at www.prusnyder.com anytime. Choose Prudential Snyder and Company for the best Ann Arbor Realtors!

 

 

Ann Arbor House 1530 Hill Street

1530 Hill St

List Price: $750,000

Sold Price: $671,040 after concessions

Close date: 1/8/10

 

 

 

 

 

 

 
Friday, January 22nd, 2010

Old West Side Activity in 2010

Ann Arbor Real Estate Activity: Old West Side Ann Arbor 2010

With all of the negative news that we’re hearing today about the real estate market in the country, we’re happy to say that listing inventories are relatively low right now and regardless of your price-point, the housing market in the Greater Washtenaw County Area continues to move along.

 

In an effort to keep you up to date on the market in Old West Side Ann Arbor, we’re going to begin posting the recent closings.  The most recent will be posted below.  Since October 1, 2009, there have been 29 sales and there are currently 55 active listings for sale in Eberwhite & Bach Schools areas.  If you’re interested in further information, we invite you to call or visit our website.

 

 

As always, Prudential Snyder & Company Realtors are here to assist you with any of your real estate needs. Call us at 734-747-7500 or 734-747-7700 weekdays, or 734-660-0105 evenings and weekends. We’re also available via email at info@prusnyder.com or online at www.prusnyder.com anytime. Choose Prudential Snyder and Company for the best Ann Arbor Realtors!

 

 

 

Ann Arbor House Sold1174 Kay Parkway

List Price: $ 139,900

Sold Price: $124,999 after concessions

Close date: 1/7/10

 

 

 

 

 

Ann Arbor Home Sold

 

 

112 E Davis Ave

List Price: $140,000

Sold Price: $128,000

Close date: 1/13/10

 

 

 

 

Ann Arbor Home Sold Old west side

501 W Keech

List Price: $169,900

Sold Price: $170,132 after concessions

Close date: 1/6/10

 

 

 

 

 

 

 

 

Ann Arbor Home Sold in Old West Side1010 W Washington

List Price: $498,000

Sold Price: $495,000

Close date: 1/11/10

 

 

 

 

 

 

 
Tuesday, November 24th, 2009

SELLING DURING THE HOLIDAYS?

House lights Ann Arbor Homes for sale during Holiday Season

Listing Your Ann Arbor Property During the Holidays

 

Here are some simple guidelines for homes listed during the Holiday Season:

  • Keep your walkways and landings free of snow and ice.
  • Make sure your outdoor lights are working. If you have special holiday lights, make sure they’re lit during showings.
  • Put extra doormats near the doors so that snow and mud aren’t tracked into your home.
  • Decorate minimally so you don’t detract from the features of your home.
  • Downsize your tree so it doesn’t make the room seem small.
  • Put the bulk of gifts into a closet or under a bed.
  • Use more red than green – red is an emotional color.
  • Use amber lights to give a warm glow to your rooms.
  • Keep the temperature warm in the home, you want it to be inviting.
  • Consider baking cookies near showing times so the house is filled with the aroma.

This time of year tends to bring out serious buyers and there is generally less competition now than in the spring. Remember that the more time a buyer stays in your home, the more vested they become, so keep the warmth and good cheer of the season as alluring as possible.

As always, Prudential Snyder & Company Realtors are here to assist you with any of your real estate needs. Call us at 734-747-7500 or 734-747-7700 weekdays, or 734-660-0105 evenings and weekends. We’re also available via email at info@prusnyder.com or online at www.prusnyder.com anytime. Choose Prudential Snyder and Company for the best Ann Arbor Realtors!