Ann Arbor Area Real Estate: SOLD Foreclosure – 754 Taylor, CHELSEA, MI, 48118

FORECLOSURE  754 Taylor Rd., Chelsea, Bank Owned closed and buyer is happy

Tune in to an interactive webcast hosted by the Detroit Free Press featuring Kathy Toth – Monday, March 1st at 10:00 am. Kathy will be joined by a certified mortgage planning specialist, and an attorney specializing in the real estate finance industry. They will be discussing “Underwater Mortgages” and what your options are if you are upside down in your mortgage! You’ll be able to ask questions and get answers from the experts. To participate in this interactive webinar go to http://www.freep.com/ on Monday, March 1st at 10am!

Panelist Include:

Kathy Toth, a REALTOR with Keller Williams Realty in Dexter, has 21 years experience in the local real estate industry. She is an author and a Certified Distressed Property Expert with an MBA.

Drew Sygit, is a certified mortgage planning specialist and holds several mortgage industry designations along with an MBA. He leads the Lending Edge Team at First Michigan Bank in Troy.

Jeffrey D. Weisserman is general counsel for Trott & Trott, a Farmington Hills law firm that specializes in the real estate finance industry.

Ann Arbor  Short Sale seller is happy.    Ann Arbor Gallery Park Condos are a super place to live and Nicole Holmes is happy to be able to work in Chicago and sell her wonderful place in Gallery Park Condos: Ann Arbor, MI 48103.  She was one of the many Michigan sellers with mortgages that are upside down.  48 percent of those folks with mortgages in Michigan owe more than their house is worth.

“I am so thrilled to be able to sell my place after being a landlord.  Working with the Ann Arbor Real Estate Experts Kathy Toth Team made it as easy as possible”.  “They made a great video of Gallery Park if anyone wants to get an idea of how nice the condos are”.

“Kathy also wrote a book called Should I Short Sale My Home? If you are thinking of doing a short sale in Ann Arbor, MI, hire someone like her who knows how to negotiate with the lenders.” 

If you are looking for any condos in Washtneaw County - Ann Arbor, Chelsea, Dexter, Saline, Ypsilanti, look here.

Do you know someone who is facing foreclosure?  Produce the Note may give the foreclosure home owners a delay in the bank’s proceedings as described in this vdeo. Maybe this will help an Ann Arbor home owner this year.

If you are looking at your options, you can call Washtneaw County Treasurer’s office or call an agent who will give your your options – preferably one who is a certified distressed property expert. If you are looking to buy some Ann Arbor foreclosures and get some unheard of deals, let us examine what is available in Washtneaw County.

Many clients ask where the Ann Arbor real estate market is headed.  The US market is very different from our local Washtenaw real estate market.  Well, my crystal ball is on Holiday mode, but I do want to share some economic indicators that I read often and were presented last week, below:

·  Commentary and housing overview: Residential Investment: Moving Sideways

·  Treasury Uncaps Fannie and Freddie: TREASURY ISSUES UPDATE ON STATUS OF SUPPORT FOR HOUSING PROGRAMS

·  From Bloomberg: U.S. Commercial Real Estate Index Falls 1.5%

·  Existing Home Sales up Sharply in November

·  New Home Sales Decrease Sharply in November

·  November PCE and Saving Rate

An excellent econmic synopsis is the blog I subscribe to is www.CalculatedRiskblog.com.

We are here to help you relocate from and to Ann Arbor, Saline, Dexter, Chelsea, Milan, Ypsilanti.  Let us consult with you. If you want to look for Foreclousre deals please go to http://kathytoth.com/foreclosure_deals.

Ann Arbor Short Sales are not going away.  See the report tracking approximately 65 percent of outstanding U.S. mortgages, the Office of the Comptroller of the Currency (OCC) and Office of Thrift Supervision (OTS) said lenders under their jurisdiction completed 30,766 short sales and 118,603 foreclosure sales during the third quarter.

The full report details the break down of loans of sub prime, prime, arms, etc.  The bottom line is defaults are not going away. Delinquencies at the end of the third quarter increased to 3.6 percent of prime mortgages, up almost 20 percent from the previous quarter and more than double a year ago.  The lenghty report is http://www.occ.treas.gov/ftp/release/2009-163a.pdf.  If you are facing eminent missed loan payments or are late on payments, talk to us about your otpions.  Timing of your response is essential to the solutions you may have.  Call your Ann Arbor Real Estate Experts confidentially at  734-426-6669, or visit www.AnnArborShort Sale.com.  There are 362 short sales RES Map View-Multiple Prop in Ann Arbor Schools with average list price of $414,000.  To find the best deal for you, call us 734-669-0337

Foreclosure recordings are lower in Washtenaw County. An updated table of monthly Sheriff Deeds recorded is presented below from 2002 to now.

In 2009 the number of Sheriff Deeds recorded by the Register of Deeds are 1072, compared to 1439 in 2008. So there are less recordings in 2009. See previous post with video.

What I am concerned about is the shadow inventory or delay in foreclosures that may surface in the new year. Search for all Ann Arbor Area Real Estate Foreclosures.

There are 29 non private owned homes for sale in Ann Arbor Schools right now. Click to see RES – Medium View. Many home which are on the market are privatly owned but have gone to sherrif’s sale and are being sold during the redemption time frame. Many of these may not be sold and may end up with evictions: see below.

These non private Ann Arbor owned homes range in price from $1,900,000 to $36,000.

To find all Ann Arbor Area Real Estate, click here.

7168 Ulrich, Dexter SHORT SALE, Huron Farms Subdivision

HURON FARMS DEXTER REAL ESTATE SHORT SALE.THIS PERFECTLY APPOINTED, LIGHT FILLED DEXTER REAL ESTATE HOME IS WORTH WAITING FOR.ENJOY THE BEST OF BOTH WORLDS WITH NEIGHBORS AND FANTASIC SPACE BACKING UP TO THE HURON RIVER AND STATE LAND, HARDWOOD FLOORS, A GLORIOUS KITCHEN WITH MAPLE CABINETS AND STAINLESS APPLIANCES, EATING SPACE. ENJOY A FORMAL DINING ROOM & STUDY W/FRENCH DOORS. LOVELY MASTER W/SEPERATE TUB. THE FINISHED WALKOUT IS FULL OF NATURAL LIGHT AND RECESSED LIGHTING. THERE IS A ROOM PLUMBED & READY FOR 3RD BATH. BRICK FRONT ADDS TO THE RICHNESS OF THIS GORGEOUS HOME IN DEXTER REAL ESTATE! HURON FARMS CONDO DUES ARE CURRENTLY $225; SEE HURON FARMS MASTER DEED AND AMMENDMENTS

Related Links
See Extra Photos for 7168 Ulrich
Visit our website for an in-depth property detail page
Looking for more Listings in Dexter, Michigan?
Please visit our website for a complimentary MLS search

Additional DEXTER REAL ESTATE Listings

Huron Farms: 7506 Lake St, Dexter Schools: Dexter Real Estate: SHORT SALE

HURON FARMS DESIGNER FLAIR IN DEXTER REAL ESTATE. LARGER LOT IN DEXTER REAL ESTATE. ON QUIET CUL DE SAC NEAR NEIGHBORHOOD PARK, SHOPS, SCHOOLS. BRICK PAVER PATIO, CLASSIC FLOOR PLAN, PARTIALLY FINISHED BASEMENT.SHORTSALE SUBJECT TO BANK APPROVAL.    The community of Huron Farms has an excellent active homeowners association with its own website.  You can click here to view Huron Farms master document and Huron Farms amendments showing the plans for the layout of the whole community. Annual fees are currently $220.

Related Links
See Extra Photos for 7506 Lake St, Dexter Schools
Visit our website for an in-depth property detail page
Looking for more Listings in Dexter, Michigan?
Please visit our website for a complimentary MLS search

Additional DEXTER REAL ESTATE Listings

FORECLOSURE  754 Taylor Rd., Chelsea, Bank Owned

ANN ARBOR REAL ESTATE CLASIC RANCH.  EXTRA LONG LOT FOR FOOTBALL PARTIES. STORAGE SHED FOR EXTRA STORAGE.

Related Links
Visit our website for an in-depth property detail page
Looking for more Listings in Ann Arbor, Michigan?
Please visit our website for a complimentary MLS search

Additional ANN ARBOR AREA REAL ESTATE Listings