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Getting an FHA mortgage on a home will get a little more difficult this spring and summer. From the official announcement of the new FHA guidelines: Mortgage insurance premiums are increasing from 1.75% to 2.25% (based on mortgage amount) Sub-580 FICO scores will need to bring a minimum 10% in downpayment to the table Seller… Continue Reading
Beginning Friday night at 7:00 pm, the Plymouth, Michigan Ice Festival will be open all weekend! Red Wing Tomas Holmstrom will officially open up the 28th annual Ice Festival. Here’s a Google Earth view of this year’s event. Check out the schedule of events for this years event: EVENTS/ACTIVITIES: COMPLETE SCHEDULE OF EVENTS Admission is Free!… Continue Reading
2009 proved to be an interesting year in the Plymouth, Michigan real estate market. Like many other real estate markets, Plymouth had its share of obstacles: tighter credit markets, increased underwriting standards, decreasing property values, etc. But one thing did remain the same: properties still sold! As a part of a regular feature here on… Continue Reading
The Plymouth Coffee Bean Co. is Plymouth’s best locale for a cuppa joe and quiet reflection. Year round, they host live music, open mic nights and poetry readings. “The Bean,” as it’s known locally, is famous for its eclectic clientele, and for its outdoor decks (front and back), which attract patrons nearly every month and… Continue Reading
Recently Michael McClure wrote a post on short sales and why, as a buyer, they may not be the optimal option for you to consider. So, what happens if you are a seller and find yourself in the position of needing to sell your home short? You Are Not Alone First, understand that the… Continue Reading
