Check out this market update on the Michigan Market, foreclosures, appreciation and new construction updates. Let us know if you have any questions.
Click the "All MLS Listings" up top to see inventory in your area. Click the chat link below or send us an email if you have any questions. Thanks for stopping by!
ann arbor area real estate and market updates for south east michigan including new construction and expectation on Home values and appreciation
Get a Taste of Ann Arbor Michigan Dining Choices: Start with simple: Le Dog, elevating soup and hot dogs to haute cuisine. Or engage in gursha—eating from the same plate and sharing the same bread—at the Blue Nile Ethiopian Restaurant. For pizza, Food and Wine recommended Mani Osteria in their recent list of the USA’s ‘Best New Pizza Places.’ If you prefer liquid calories, the Grange Kitchen & Bar offers the GKB Manhattan, a bacon-infused bourbon masterpiece. And if you can’t make up your mind, there’s still a destination for you: Mark’s Carts—eight delicious food carts in one lively (and lovely) outdoor courtyard.
Ann Arbor’s breweries are ready to wet your whistle: Working up a thirst? Leave the food aside (or bring your own) atWolverine State Brewing Company’spub quiz night. Or “go eco” with the ground breaking solar brews at Arbor Brewing Company. And, if you’re still hankering for a lil snack, Original Gravity can help—with mouthwatering brews and bites.
Every Ann Arbor beginning should end at the Big Z: From the world famous Ruben at Zingerman’s Deli, to award-winning fare at Zingerman’s Roadhouse, to the sweet satisfaction of the Zingerman’s Creamery, the “Big Z” is truly an Ann Arbor institution. They even ship their offerings via mail order. But we suggest you make the trip—and see how Zingerman’s earned a spot on USA Today’s “Best Off the Interstate” road trip list.
What’s your specialty?: Unfortunately, you have to eat at Home sometime. So Get help—from prep to post-meal—at Ann Arbor’s specialty stores. You can Peruse the coolest chefs’ supplies at Hollander’s Upstairs at Kerrytown Market & Shops, gather scrumptious seasonal ingredients at Ann Arbor Farmer’s Market, pick out a bottle of fine wine at Morgan & York, or maybe sample and purchase sweet and savory cherry treats at Cherry Republic.
If you’re hungry to engage in the art of dining, there’s only one destination—Ann Arbor Michigan.
Fannie Mae recently announced an expansion of it's Homepath Mortgage product that provides Home buyers and investors financing for the purchase of any Fannie Mae-owned property.
The new product will soon allow eligible individual and LLC borrowers the option to finance up to 20 properties using the Homepath Mortgage. Our Realtor association, NAR has long called for the expansion of financing opportunities for investors as a way to increase the absorption of REO properties.
Fannie Mae will offer flexible lending terms and will not require appraisals of the properties. Contact us today for assistance in the acquisition of Residential or Commercial Income properties. I have field work sheets to help you determine the bottom line returns. (NOI or Net Operating Income) and 35 years of experience in the income property business.
Click the link above for Investor Income property Inventory Results under "All MLS Listings"
I would recommend that you click the registration link below to try this service out. You can always unsubscribe by clicking the bottom or any of its new listing update emails. This is one of the best tools I have been able to provide to clients looking for the best in updates. What I like about this upgraded program is that is covers multiple MLS areas and Counties which is invaluable when you are looking at properties that might be close to a county line.
Great smart phone and text options for mobile access to GET Quick Listing Information for when you are on the road, perhaps sitting in a driveway and want to know a price, status or size of a property.
Check out this Video for more information
Smart Phone Options
For example you can Text "MyInfo" to 55955 when on the road. This is invaluable when on the road and with slow data service, or when you want quick answer provided by a smart auto text response server.
Get more information on this Great New Listing Serviceby clicking here
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Tom Stachler provides new features every month for the best in Home buyer services. Ann Arbor Real Estate homes for sale update services for Wayne, Livingston, Lenawee, Washtenaw, Oakland, Macomb and Monroe counties.
New Changes in the State of Michigan Homestead Exemption Filing Dates
Good News. The Michigan Association of Realtors was instrumental in helping get this signed yesterday. The former deadline date of May 1st for your homestead exemption and discount on property taxes for Michigan property has been changed.
See the information below regarding your Michigan Property tax homestead exemption and tax discount.
Legislation Signed by the Governor
5/2/2012
Today, Governor Snyder signed legislation providing homebuyers a fair process when it comes to their property taxes.
Senate Bill 349, sponsored by Senator Dave Hildenbrand (R-Lowell) creates two Principal Residence Exemption (PRE) filing dates; one on June 1st, and the other on November 1st. Additionally, this legislation allows bank-owned properties to retain their PRE so that buyers can qualify at the lower rate of taxation. This is particularly important since foreclosures have flooded the market in recent years.
Below are a few FAQ's regarding the new law:
1) Does the legislation take effect this year?
A) Yes. The new law moves current May 1st PRE filing deadline to June 1st of this year.
2) How does it work?
A) If a homebuyer purchases a Principal Residence and closes on or before June 1st, they can take advantage of a significant tax break by filing for a Principal Residence Exemption.
3) When is the additional filing date? A) November 1st. This allows for tax relief in those communities that still collect a portion, if not all of their non-homestead mills, on the December tax bill.
4) If my client buys after June 1st this year, what can they expect?
A) If a homebuyer purchases a Home after the June 1st filing deadline, and their local tax authority collects all non-homestead mills on the spring tax bill, their property taxes may not reflect the exemption until the next tax bill. If however that local tax authority collects a portion of the non-homestead mills on the winter tax billing cycle, the homebuyer can file for a PRE before the November 1st and exempt themselves from any non-homestead mills collected on the December bill.
5) What about the foreclosure provisions?
A) Banks have the option of maintaining the home's Principal Residence status by filing a Conditional Rescission. By maintaining this exemption status, it's the expectation that borrowers will be able to qualify for financing on these foreclosed properties at the PRE rate and begin paying the lower rate of taxation as soon as they move into the home. To make up for the lost school revenue, banks will be assessed a newly defined tax that will keep the 18 mills (which they presently pay on any foreclosed property) when a property can no longer qualify as a principle residence. It is important for those REALTORS® working with bank clients to let lenders know about the change and communicate the benefit of filing a Conditional Rescission.
GREAT SUMMER COMMUNITY AND PARCEL WITH YOUR OWN SANDY SPRING FED LAKE FOR KAYAKING AND SWIMMING. YOUR KIDS AND THEIR FRIENDS WILL LOVE THE COMMUNITY BEACH PLUS YOU HAVE YOUR OWN WOODS IN THE BACK COMPLETE WITH FIRE PIT AND CAMPSITE!
Home SITS ON 3.5 ACRES IN YORK TOWNSHIP! ENJOY LAKE & BEACH PRIVILEGES. TWO STORY GREAT ROOM LOOKS OUT ON WOODS. NATURAL MAPLE CUPBOARDS W/ BLACK GRANITE COUNTERTOPS. WALK-OUT BASEMENT IS FINISHED AND PLUMBED FOR A 3RD BATH.1ST FLOOR MASTR SUITE W/SUNKEN WHIRLPOOL TUB FOR 2.5 BEDROOMS & 2.5 BATHS. CERAMIC & HARDWOOD IN MAIN LEVEL. 3 CAR GARAGE & SPRINKLER SYSTEM.
WALK OUT FINISHED BASEMENT
3.5 ACRES
GRANITE COUNTERS
MAPLE CABINETS
CAMP SITE OUT BACK IN YOUR OWN WOODS
LOW YORK TOWNSHIP TAXES
CLOSE TO VILLAGE OF SALINE
WORK OUT ROOM
INVISIBLE FENCE FOR PETS
3 CAR GARAGE
AWARD WINNING SALINE SCHOOLS
5 MINUTES FROM US 23 - I 94 EXPRESSWAY INTERSECTION
GREAT SUMMER PLAY FOR KIDS WITH SPRING FED LAKE W/ COMMUNITY SANDY BEACH
Great Family home Close to schools and shopping and freeway access. COMMUTERS NOTE that this is only 5 minutes from the I94-US23 expressway interchange so for those heading east, you AVOID THE ANN ARBOR BACKUPS at State Street and Ann Arbor Saline Roads.
Hurry this one won't last long. Contact us today with any showing requests or questions. Note contact options below.
Tom Stachler lives in Saline Michigan and can answer any question you might have about the area. Please look for additional Saline Real Estate for Sale by clicking on the All MLS LISTINGS link above in the website header or contact Tom below for further assistance or showing appointment.
This is a pretty interesting Video on What is Perhaps the Future of Education
Do you think Ann Arbor School District Should Consider Such a Program?
Please comment below.
If you are new to the area you can click here to Get Ann Arbor Real Estate Listings and other surrounding communities. Note there is information on the Ann Arbor School District test scores under the School Reports link in our Links section under Resources top Right Corner of this Page.
Tom Stachler is the Counties Leading Real Estate Buyer Representative and welcomes you to check out his references above or Contact for consultation and assistance.