The Word From D.C.: CFPB Restructuring

News from the National Association of REALTORS® Board of Directors and other highlights from the Legislative Meetings & Trade Expo.

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$394,900 :: 57 CROSS CREEK, Rochester Hills MI, 48306

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4 beds, 2 full, 1 part baths
Home size: 2,894 sq ft
Lot Size: 16,117 sq ft
Added: 05/22/17, Last Updated: 05/22/17
Property Type: 2 Story, Residential
MLS Number: 31320420
Community: Rochester Hills (63151)
Tract: CROSS CREEK
Status: Active

Highly desirable colonial located in Cross Creek subdivision in beautiful Rochester Hills! This home features over 4300 square feet of finished living space. Kitchen with granite countertops, island, tile backsplash, undermount sink, upgraded lighting, built in wall oven and breakfast nook & doorwall off family room to large deck. Large master suite with large WIC, master bath with granite, separate shower and jetted tub. Finished basement with potential 5th bedroom and full bathroom. Beautiful hardwood flooring t/o kitchen, dining room & living room, crown molding, office with custom built ins. Within walking distance to schools and close to downtown Rochester, shopping and parks! Newer roof and carpet! New AC Unit just installed as well! Deck redone, exterior newly painted, new shutters, front & garage door freshly painted, new exterior lights, all in ’17! LOTS of updates done! Grab this turn key home before it’s too late! Brand

Listed with Century 21 AAA North Rochester Hills


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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What Owners Want in Kitchen Remodels

Homeowners desire new flooring, countertops, cabinets, sinks, and faucets in their kitchen remodels. Here’s what they’re choosing for…

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$799,900 :: 2885 AMBLESIDE Court, Oakland Twp MI, 48306

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Property Photo

4 beds, 3 full, 2 part baths
Home size: 4,606 sq ft
Lot Size: 19,166 sq ft
Added: 03/29/17, Last Updated: 05/22/17
Property Type: Residential
MLS Number: 217023735
Community: Oakland Twp
Tract: KIRKLANDS SUB
Status: Sold

CORPORATE TRANSFER – MOTIVATED SELLER IS LEAVING AREA AND OFFERING OCCUPANCY AT CLOSE. CUSTOM DESIGNED BY CURRENT OWNER, THIS NEWER HOME SITS IN MOCERI’S PRESTIGIOUS KIRKLANDS SUB AND BUILT WITH QUALITY MATERIALS. THERE’S OVER 4,600 SQ. FT. OF LIVING SPACE IN THIS AMAZING AND OPEN FLOOR PLAN. THE KITCHEN AND BREAKFAST AREA IS OPEN TO THE SPACIOUS FAMILY ROOM WITH VOLUME CEILING AND FIREPLACE. FRONT AND BACK STAIRCASES WITH HIGH CEILINGS THROUGHOUT. GENEROUS USE OF HARDWOOD FLOORS T/O MOST OF THE LIVING AREA. KITCHEN WITH OVER-SIZED ISLAND WITH EATING BAR AND GRANITE COUNTERS, TILE BACK SPLASH, STAINLESS APPLIANCES INCL. GAS COOK TOP. THREE INTERIOR FIREPLACES SERVICE FIVE ROOMS, PRIVATE PATIO WITH ADDITIONAL WOOD BURNING FIREPLACE. FRAMED UNFINISHED LOWER LEVEL WITH DAYLIGHT WINDOWS PERFECT FOR EXPANSION.

Listed with Max Broock, REALTORS®-Birmingham


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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$179,900 :: 1578 RAVINE Lane, Rochester Hills MI, 48306

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2 beds, 2 full, 1 part baths
Home size: 1,152 sq ft
Lot Size: 0 sq ft
Added: 05/17/17, Last Updated: 05/21/17
Property Type: Condo
MLS Number: 217040528
Community: Rochester Hills
Tract: KING’S COVE CONDO
Status: Active

Located at the edge of desirable Kings Cove complex, this 2 story townhouse has unsurpassed views of trees & woodland. Relax on your deck off the dining room and observe the local wildlife & changing seasons. This light filled home has been lovingly cared for and maintained over the years, with thoughtful updates and designer touches throughout. The front patio with flowers and shrubs, greets you as you approach the front door, enter the living room with door wall to front patio and through into the dining area with 2nd door wall to rear deck. Kitchen and 2nd full bath with shower complete the first floor. On the upper floor two large bedrooms, the master having door wall with views of wooded hillside, and half bath, connecting to the full bath. Finished basement has family room with cedar closet and spacious well organised laundry room with stack-able washer and dryer. Updated interior doors and an abundance of storage and closet space throughout. EXCLUDE: Shoe rack – Master closet

Listed with RE/MAX Defined


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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Common Overlooked Expenses of Selling a Home

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Home sellers spend an average $15,190 on common, yet often overlooked expenses associated with placing a home on the market, including closing costs and home improvements, according to a recent analysis by Zillow.

Over 80 percent of sellers spend on improvements to their homes before listing, with the most popular being carpet and/or house cleaning, interior painting, lawn care and staging, totaling an average $2,658. Sellers also typically spend elsewhere, such as on closing costs that include real estate professional commissions and sales or transfer taxes, totaling an average $12,532. (Note: Closing costs vary considerably by location—see chart below.)

“One of the biggest regrets sellers have is not starting the process early enough,” says Jeremy Wacksman, chief marketing officer at Zillow Group. “For those planning to sell this year, take your time to research all the costs you could be responsible for and how they may affect your profit, or even budget for your next home. Partner with a great agent who can help you understand the nuances in your market—from what taxes or closing costs you should expect, to which home renovation projects can help attract the right buyer.”

“Sellers need to consider these additional, often necessary costs when planning to put their home on the market,” says Lucas Puente, economist at Thumbtack, which also conducted the analysis. “While it’s clear these costs vary widely, often times the easiest way to ensure a home is fully prepared to be sold is to hire local, skilled professionals to help with basic home projects.”

For more information, please visit www.zillow.com.

For the latest real estate news and trends, bookmark RISMedia.com.

The post Common Overlooked Expenses of Selling a Home appeared first on RISMedia.

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$799,900 :: 2885 AMBLESIDE Court, Oakland Twp MI, 48306

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Property Photo

4 beds, 3 full, 2 part baths
Home size: 4,606 sq ft
Lot Size: 19,166 sq ft
Added: 03/29/17, Last Updated: 05/22/17
Property Type: Residential
MLS Number: 217023735
Community: Oakland Twp
Tract: KIRKLANDS SUB
Status: Sold

CORPORATE TRANSFER – MOTIVATED SELLER IS LEAVING AREA AND OFFERING OCCUPANCY AT CLOSE. CUSTOM DESIGNED BY CURRENT OWNER, THIS NEWER HOME SITS IN MOCERI’S PRESTIGIOUS KIRKLANDS SUB AND BUILT WITH QUALITY MATERIALS. THERE’S OVER 4,600 SQ. FT. OF LIVING SPACE IN THIS AMAZING AND OPEN FLOOR PLAN. THE KITCHEN AND BREAKFAST AREA IS OPEN TO THE SPACIOUS FAMILY ROOM WITH VOLUME CEILING AND FIREPLACE. FRONT AND BACK STAIRCASES WITH HIGH CEILINGS THROUGHOUT. GENEROUS USE OF HARDWOOD FLOORS T/O MOST OF THE LIVING AREA. KITCHEN WITH OVER-SIZED ISLAND WITH EATING BAR AND GRANITE COUNTERS, TILE BACK SPLASH, STAINLESS APPLIANCES INCL. GAS COOK TOP. THREE INTERIOR FIREPLACES SERVICE FIVE ROOMS, PRIVATE PATIO WITH ADDITIONAL WOOD BURNING FIREPLACE. FRAMED UNFINISHED LOWER LEVEL WITH DAYLIGHT WINDOWS PERFECT FOR EXPANSION.

Listed with Max Broock, REALTORS®-Birmingham


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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$1,400 :: 3458 TREMONTE Circle N, Rochester MI, 48306

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Property Photo

2 beds, 2 full baths
Home size: 1,142 sq ft
Lot Size: 0 sq ft
Added: 05/21/17, Last Updated: 05/21/17
Property Type: Condo, Residential Rental
MLS Number: 217041764
Community: Oakland Twp
Tract: OAKMONTE AT SILVERCREEK CONDO
Status: Active

End unit has extra privacy, absolutely beautiful neutral hard to find 2 brs 2 full baths in Silvercreek condo complex, in Pristine condition, premium location deep in complex trees, nature preserve, pond, walking distance to Paint Creek trail, kitchen has white cabinets, wooden floor, Master bdrm w/ full ceramic bath, 2nd bdrm w/ wood floor and door wall to balcony, Large Great room w/ French door to balcony plush carpet Attached garage all appliances included long term lease preferred No pets complex has hot tub, tennis court, gazebo, club house also has exercise facilities. SORRY, NO PETS ALLOWED IN COMPLEX FOR TENANTS.

Listed with Max Broock, REALTORS®-Bloomfield Hills


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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5 Tips for Buyers in a Tight Housing Market

When inventory is low, home prices tend to go up. Attempting to purchase a house in this type of market can make the already complex process of buying a home even more overwhelming. Get through the buying process with as little stress and difficulty as possible with these tips from the National Association of REALTORS® (NAR):

  1. Determine and stick to a budget.Before beginning the house hunting process, prospective homebuyers should receive preapproval from one or more lenders to verify the amount of money they are qualified to borrow. Then, after taking into account additional costs of ownership such as taxes, utilities and insurance, buyers should determine a final budget they can comfortably afford. When listings are scarce, bidding wars can drive up prices, so buyers must be prepared to walk away if the asking price surpasses their budget.
  1. Identify desired neighborhoods and home wants versus needs.When housing inventory is tight, buyers may need to compromise on what they believe they want from a home. Certain wants, such as stainless appliances or hardwood floors, can be added later; however, if a buyer wants to be in a specific school district or have a decent sized backyard, those cannot be addressed later and must be taken into account during the house hunting process.
  1. Be ready to make a decision quickly.In a seller’s market, homes rarely stay on the market long, so when a house that is in their budget, and checks off all their needs, come along, buyers should not hesitate. Buyers should be ready to submit an offer quickly, or they may risk missing out on the home altogether.
  1. Bid competitively and limit contingencies.It is tempting to submit a low offer as a starting bid, but in a seller’s market buyers need to put forward their highest offer from the very beginning or they are likely to lose out on the home. It is also important to remember that in multiple bidding situations it is not always the highest offer that is most attractive to the seller but the one with the fewest contingencies. Removing restrictions related to the sale of a current home and being flexible with things like the move-in date can make a bid stand out to a seller.
  1. Work with a REALTOR®.All real estate is local, so it is important to work with an agent who is a REALTOR®, a member of NAR, and familiar with the areas and neighborhoods the homebuyers are considering. REALTORS®are the most trusted resource for real estate information and have unparalleled knowledge of their communities; they can give buyers the competitive advantage needed in a tight market.

For more information, please visit www.houselogic.com/buy.

For the latest real estate news and trends, bookmark RISMedia.com.

The post 5 Tips for Buyers in a Tight Housing Market appeared first on RISMedia.

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$394,900 :: 57 CROSS CREEK, ROCHESTER HILLS MI, 48306

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Property Photo

4 beds, 2 full, 1 part baths
Home size: 2,894 sq ft
Lot Size: 16,117 sq ft
Added: 05/22/17, Last Updated: 05/22/17
Property Type: Residential
MLS Number: 58031320420
Community: Rochester Hills
Tract: CROSS CREEK
Status: Active

Highly desirable colonial located in Cross Creek subdivision in beautiful Rochester Hills! This home features over 4300 square feet of finished living space. Kitchen with granite countertops, island, tile backsplash, undermount sink, upgraded lighting, built in wall oven and breakfast nook & doorwall off family room to large deck. Large master suite with large WIC, master bath with granite, separate shower and jetted tub. Finished basement with potential 5th bedroom and full bathroom. Beautiful hardwood flooring t/o kitchen, dining room & living room, crown molding, office with custom built ins. Within walking distance to schools and close to downtown Rochester, shopping and parks! Newer roof and carpet! New AC Unit just installed as well! Deck redone, exterior newly painted, new shutters, front & garage door freshly painted, new exterior lights, all in ’17! LOTS of updates done! Grab this turn key home before it’s too late! Brand

Listed with Century 21 AAA North Rochester Hills


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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