Did you know MDOT, or the Michigan Department of Transportation, encourages motorists to let them know about potholes they come across? You can do that here on their on-line form.
There is also a link from that site to file a damage claim.
0 N. Latson Road
Howell, MI 48855
3.29 Acres
Priced for immediate sale! 3.29 wooded acre parcel on Latson Road between Curdy and Clyde. Perk and survey on file, private drive already in, gas and electric at site. DEO wetland survey available. Extremely Motivated Seller!
.jpg)
7211 Campbell Mills Court
Brighton, MI 48116
Four bedrooms, three and a half baths
3183 square feet
.jpg)
.jpg)
.jpg)
call us today at 810.229.7000.
We'd be happy to provide you with more information..jpg)
.jpg)
.jpg)
234 Newberry Lane
Howell MI, 48843
.jpg)
.jpg)
.jpg)
"Brighton Company Helps Avoid Foreclosure"
On Wednesday, March 19, 2008, Livingston Press and Argus featured an article on The Buckley Jolley Real Estate Team's newest endeavor, Home Solutions. This new company is helping people who are unable to sell their homes in order to avoid foreclosure. To read more about this company see our previous post.
Check out the article on-line here.
Or click here to download in .pdf
.jpg)
.jpg)
Karen & Todd send our sellers an update on market conditions every two weeks. Here is an excerpt of that e-mail.
This past weekend was busy here at Buckley Jolley and the trend has continued early this week. This is a bit of good news for our seller clients. The activity level is increasing up which is translating into more sales in the county.
The February sales statistics were just released and the number of sales was up 19% from February of ’07. We are cautiously optimistic about this news. I have attached this document for your review. As you see, the other side of the news is that the average sale price in the county is down from $212,900 in ’07 to 198,056 this year. This does not come as a surprise to us as we found price lags behind sales quite a bit. We are certainly not out of the woods yet.
Looking closer at the stats we see the foreclosure closings and short sales are a HUGE percentage of those increased sales. It looks as if foreclosures are continuing down the pipeline also. Last Friday alone, there were 26 foreclosure notices in the Press & Argus. If those owners are not able to catch-up on their payments, those properties will be bank owned in about 7 months and will be hitting the market shortly after that. To help reduce the number of foreclosures in our area, we have started a new division of our company. You can read all about that thru the following link:
http://www.livingstonliving.com/2008/03/buckley-jolley-real-estate-team.html
What to expect in the weeks to come? When the snow melts, more buyers start looking for homes. Also, more homes come on the market. So there are more people looking at your home and there is also more competition for your home.
As more loans across the country default and home prices drop, the mortgage industry has had to modify their standards and requirements.
These lenders, who were criticized for requirements in past years being way too lenient, are raising the bar for homeowners in search of loans. Higher credit scores, smaller loans, down payments and detailed proof of income and assets are now the new norm.
Even in early 2007, customers with credit scores in the low 600s could obtain a mortgage with no down payment. Today a credit score of below 680 might subject you to higher rates and special fees.
Lenders have also drastically reduced their loan-to-value (LTV) ratios. This ratio measures the amount a customer borrows in comparison to the total value of the property. Traditionally these ratios never exceeded 80 percent, but during the peak of the market, some borrowers were taking out loans worth more than their home purchase price.
Today, many home buyers are often expected to provide a down payment, or face fees and much higher interest rates.
If you are in the market to buy a home, we suggest talking to lender and seeing what options are available that fit your circumstances. Getting a preapproval letter from your lender is always your best bet in starting the home searching process, and will give you and your Buyer Specialist a broader picture of your position.
.jpg)
.jpg)
.jpg)
In March of 2007 we launched this blog in order to share with you information about the things we know, and the things we thought you might be interested about in our community.
Who knew that our first post, Why a Blog? would be the first of over 245 posts in the past year.
The Brighton Jaycees and Selcra will be holding a Spring Extravaganza this Saturday, March 15th at Maltby Middle School in the gym.
If you are a regular reader of our blog, you will know we love the events put on by the wonderful Livingston Arts Council. The Arts Council has now taken another thing we love, chili, and are making a whole night of it!
1868 Woodmar Court
Hartland, MI 48843
Four bedrooms, two and a half baths
2546 square feet
.jpg)
.jpg)
.jpg)
Prepare to lose an hour's sleep this weekend, but in return get the trade-off of more sunlight in the evenings.
One of our favorite pages in the Livingston Daily Press & Argus is the adorable "Adoptable Pets" featured every Wednesday. Many of the pets available for adoption are through the Last Chance Animal Rescue, which is located in Howell.
On Friday, February 29, 2008, The Livingston County Community News features quotes from The Buckley Jolley Real Estate Team's own Todd Buckley & Karen Jolley in it's article "Home sellers adjusting to today's 'new normal'". Also featured are Buckley Jolley's clients Amanda and Mark Prince, who are selling their condo in the South Lyon area.
Check out the article on-line here.
Or click here to download in .pdf
The Livingston Arts Council is hosting their 9th Annual GOT ART Exhibit on March 8, 9, and 10th at The Opera House in Howell.
1610 Newgate Lane
Hartland, MI 48843
Three Bedrooms, two baths
1384 square feet
.jpg)
.jpg)