Foreclosures and Short Sales

Sheriff’s Deeds in Washtenaw County is Down

The number of recorded Sheriff’s Deed is slowing down.  Only 36 Sheriff’s Deeds were recorded in March.  This was the lowest number of recorded Sheriff’s deeds scored since the 30 recorded back in July of 2006 representing a significant downward trend.  Comparing last March 2012 to March 2013 the recordings have dropped 28% and compared […]

The Mortgage Forgiveness Debt Relief Act Did Not Go Over The Cliff, Here to Stay Through 2013

Was there any good news for Distressed Homeowners as we waited for politicians to avoid taking us over the Fiscal Cliff?  Yes!  The Mortgage Forgiveness Debt Relief Act  was extended through December 2013.  All of our Clients can breathe a sigh of relief.  What does this mean to homeowners who are under water on their […]

Foreclosure Trends in Ann Arbor Area – Harder to Find Foreclosure Deals

Market Trends for Foreclosures in Washtenaw County: 12/16/2012 Total Properties Listed: 121     Month-Over-Month Change: +59.21% Average List Price: $127,003     Month-Over-Month Change: -17.06% Median List Price: $119,900     Month-Over-Month Change: -7.8% Typical Foreclosure Homes in Ann Abor Area: 3.12 Bedrooms 1.88 Baths $127,003 Average List Price $72/SqFt Average Price per SqFt. Average Price by […]

Washtenaw County Sheriff’s Deeds Still Lower for Ann Arbor and all Washtenaw County

Washtenaw County Sheriff’s Deeds November 2012 Report. According to Lawrence Kestenbaum, Washtenaw County’s Clerk and Register of Deeds office, “Only 784 Sheriff’s Deeds were recorded in 2012 through November, compared to 1,045 in 2011 and 1,337 in 2010.  This year’s year-to-date total continues as the lowest since 2006.”  If you are looking for foreclosures in Ann […]

October Monthly Sheriff’s Deeds Report for Ann Arbor and All Washtenaw County

Monthly Sheriff Deeds Recorded Drops Again in All Washtenaw County, Michigan The future is bright with the news release from Washtenaw County’s Clerk and Register of Deeds Office.  There were only 74 Sheriff’s Deeds recorded by Washtenaw County in October. With year-to-date totals, comparing 2011 to 2012 there was a 24.6% drop in the total […]

Are you facing foreclosure? You may have a better way in Ann Arbor Area.

Are you facing foreclosure?  Look no further, you may have a better way out.     What are some of the differences between a short sale and a foreclosure? Kathy Toth, REALTOR and Certified Distressed Property Expert, is here to help you with some of the questions you may have regarding this very important topic. […]

Michigan Foreclosures Are Down|734-669-0337|Ann Arbor Area Real Estate Experts

Foreclosure Activity in Michigan Mapped Below What Counties Have the Highest Foreclosures? Wayne County clearly has more foreclosures and Washtenaw Foreclosures continue to delcine as reported. There are currently 82 foreclosures listed now in Washtenaw County. We have had many short sale sellers contact us about proceeding before their redemption period ends. Homes listed as […]

Washtenaw County Sheriff’s Deeds Down Again in 2012

Kathy Toth & Team, Keller Williams Realty Ann Arbor Market Center, Ann Arbor, MI 734.426.6669 Washtenaw County Recorded Sheriff’s Deeds are down 27.8 percent compared to the same time last year.  The monthly foreclosure  totals are very reflective of the year 2006.  This is excellent news with only 4 more months yet to be revealed […]

Do Short Sale Changes Impact Your Ann Arbor Area home?

Are you considering doing a short sale in Ann Arbor? Short sale changes are coming again. There is always something new and your Washtenaw County Real Estate Experts Team, Certified Distressed Property Experts know how to implement the short sale changes. If you are considering a short sale, here is updated information that you might […]

Should Ann Arbor Area home owners do “Strategic Default” ?

3 Reasons the Term “Strategic Default” Is Misleading In a recent study, the Chicago Booth/Kellogg School Financial Trust Index found that a full 36% of Americans would consider “strategic default”—another term for walking away from your mortgage—if they were underwater (owed more on their home than what it was worth). Now that more than one […]

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