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Curb appeal is real estate slang for the outward appearance of a piece of real estate. The termappeals to the aesthetic, or visual, attractiveness of a property as viewed by a prospectivebuyer. Improving curb appeal can positively influence your home’s value and marketability, allwith a good return on the cost. And, ultimately, it can lead…

Upsizing your house is a little more involved than opting for the large drink and fry. The appeal of more space can be quite alluring, especially when you are crammed into a tiny space that just no longer does the job. If you are thinking about upsizing your home, then you may want to consider…

Finding it impossible to locate a rental in Detroit or other areas of Michigan? Many people arehaving the same problem. With the median price of homes in July 2021 in Southeast Michigan being at around $260,000, it’s a good time to shift focus and turn to purchasing your own home. The benefits of owningyour own…

If you have paid any attention to the real estate world lately, then you have probably heard the term “seller’s market” tossed around. 2020 became the year the housing market significantly changed. And, if the first half of 2021 is any guide, it looks like 2021 will continue the current cycle. Detroit is no exception…

For a conventional mortgage, paying any less than 20% down will very likely result in private mortgage insurance (PMI) becoming a requirement for your loan to close. PMI ultimately exists to protect the lender from a borrower defaulting on a mortgage in a particularly precarious situation, where the home may be worth very near the…

Many people are confused about the difference between their interest rate and annual percentage rate (APR). While both rates do relate to the total cost of your mortgage, each calculation comes from a distinct set of inputs. It is important to comprehend the differencebetween an advertised rate and how your APR may diverge, even significantly,…

While some lenders provide for other creative charges at times, this is a list of the most commonclosing costs. The list is by no means exhaustive, but it will provide you with an idea of thetraditional costs associated with a mortgage. As you can see, these charges come from thecombination of providers necessary to make…

Think about your ideal real estate agent for a moment. While many people may conjure up images that look a lot like Glenngarry Glen Ross with his “ABC” monologue, the only person on your real estate team that should really live the “Always Be Closing” mantra is the Closer on your mortgage. In reality, a…

It almost goes without saying that the events of 2020 were not on anyone’s radar at the beginning of the year. This is just a reminder that life will always have its curveballs and no one can predict the future. As we enter into 2021, many are hopeful that a flip of the calendar page…