CENTURY 21 AAA North Real Estate Blog

Here are our Open Houses for the weekend of August 17-19!

Saturday, August 18

Address: 41960 Jason, Clinton Twp.
Time: 1-4
Agent: Beth Nissan


Check out this newly updated ranch in Clinton Township, clean 3 bedroom, potential 4 bedroom, 1.5 baths with a beautiful chef's kitchen. Plus, a fireplace in the family room for those cold Michigan nights. Finished basement; where the potential bedroom 4 could be, and a bar for entertaining family and friends. New laminate floors, and fresh paint. Plus, your own private backyard with a resort size in-ground pool with lights to swim at night. Freshly painted deck for entertaining, and lots of privacy. Shed with a potential play house for the kids, or an extra room for you on top!! Beautifully landscaped.

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Here are our Open Houses for the weekend of August 10-12!

Saturday, August 11

Address: 31503 Northwood, Fraser
Time: 12-4
Agent: Michael Donelson, 586-321-1391


Immediate occupancy! Great location in Fraser School District. Nice Subdivision. Heated 2.5 Car garage with 220 power, includes full attic storage! Save the finished basement space for family fun and entertaining! Half bathroom downstairs with even more storage space in the utilities room. The layout is perfect for a small family with spacious, naturally lit kitchen overlooking the living room. Hardwood throughout, appliances stay, and washer and dryer can stay. Fully fenced yard for the furry members of the family! Come see this one quickly! Monthly payment only $1,300 to $1,400 depending

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Equity, a.k.a. "real property value," is the difference between the property's current fair market value and the amount the owner still owes on the mortgage.  Essentially, equity is how much "ownership" you have. Read about 6 smart ways of building it below!

 

6 Smart Ways to Build Equity

1. Let Your Home Appreciate
Your equity can be calculated by subtracting your current loan amount by your home's current value, then dividing that by the home's current value. The smaller portion of the appreciation is usually the amount you've paid off on your mortgage, while the larger factor is often home appreciation. Many times, buying a house now with a smaller down payment means more equity for you in the long run as a result of a good market, as

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DON'T DO THESE 6 THINGS WHEN BUYING A HOME

DON'T SHOP FOR HOMES WITHOUT AN AGENT
You can get started online -- everyone does, but when it's time to get serious, you're going to need a professional to guide you through the process. Trust us, you're going to want someone by your side finding you the right property, writing you the winning offer, and negotiating on your behalf the whole time.

DON'T START LOOKING WITHOUT A PRE-APPROVAL
Let's face it -- In today's market, buyers can't compete without a pre-approval. End of story. Get pre-approved by our in-house mortgage lenders Cross Country Mortgage. They are the absolute best in the business and they will make sure you have the most accurate idea of what you can afford.

DON'T UNDERSTATE YOUR

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There are many factors to consider when buying a home. You might be looking at school districts for the kids, you may want to be close to your local downtown to enjoy shops and restaurants, or perhaps you’re looking for a short commute to work. Should you look at only existing pre-owned homes or do you want to check out a shining new build? Both are great options depending on what you are really looking for in a home. 

Costs

If you’re thinking of buying a new build, that sparkling newness will probably come with a higher price tag than a similar sized pre-existing home.

With new construction, you’ll get to pick fancy upgrades, flooring, paint and many other custom items that suit your style, but keep in mind those things will raise up the

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Written by Sean Zelda
Web Content Specialist
CENTURY 21 AAA North

It’s been almost 10 years since the greatest recession since the turn of the new millennium left our nation in the wake of the most tremendous housing crash of modern times. But we’ve come a long way since then; in fact, it might be safe to say that the wreckage of that devastating collapse is squarely in the rear-view mirror. Some are even saying the market has done a complete 180.

Whatever words you use to describe the state of the nation then and now, one thing is clear – markets have bounced back in a big way, and confidence is through the roof. Homes are selling at record prices, and buyers are chomping at the bit to get a piece of the action, putting sellers in a very

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Happy Holidays from CENTURY 21 AAA North!

We love this time of year. Tinsel, Christmas trees, mistletoe... turkeys, figs and pumpkin pie, does it get any better? We’re not sure it does… but what if it could? What if you were able to sell the house during the holidays? You might be thinking, “That would be nothing short of miserable between school vacations, visits from family, and seasonal celebrations!” But if I told you I had concrete reasons you could really benefit from selling your house this holiday season, what would you say? Surely you’d ask me how.

Because most home sellers wait out the season until the New Year, you could be put at a huge advantage by selling. Not only that, but if buyers are scheduling showings during all

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It’s 2017, and the real estate business is in a unique place, a very different place than it was in even just five years ago. Currently, the market is one of low housing inventory and high buyer demand (lots of buyers fighting it out for fewer ‘for sale’ homes). Long story short, it's a hot seller’s market. So what does this mean for buyers? Here are some rules to live by if you’re looking to buy.

1. Get pre-approved

This is a big one – it shows how the market has changed over time. The days when you could just waltz into an open house and make an offer are fleeting. In today’s seller’s market, to be taken seriously, you must have a pre-approval. Your offer without one, while entirely sincere, simply won’t work in this competitive
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Today’s buyers and sellers agree – hiring a Realtor® is the way to go if you’re looking to buy or sell a home. Buyers agents help buyers find the home of their dreams and sellers agents help sellers get top dollar for their home and sell it in a timely manner. 92% of buyers and 89% of sellers used a real estate agent in 2016.* Here are the reasons why:


Fiduciary responsibility – to you, yourself, and YOU

If you decide to use a Realtor®, their fiduciary responsibility is to you, yourself, and YOU. That means they’re in your corner no matter what, guiding you through the whole process. I mean, who doesn’t want a trained, licensed expert with your best interest in mind guiding you through the complicated process of buying or

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