Sunday, July 5, 2015

Selling Your Homes? Don't Make It Personal

Home_Sales_OHAS201

Selling your home requires you to think about the potential buyers who will be coming and looking. It requires you to look at the market and ensure that your home is positioned to attract potential buyers. This is a two stage process: getting them to look, then getting them to offer.

In order for the potential buyer to even look, the house has to look good from the outside. It has to be priced competitively. You need them to pick your home out to look at among a slew of similar homes on the market, then have the view from the street good enough that they won't just drive away.

Buyers usually look at multiple homes before zeroing in on one to offer on, and you do not want yours to be the runt of the litter. If your curb appeal gets them in, then keep them in with a clean house that doesn't look like it needs any work. Sure, everybody will want to change colors in a room or put up their own decor, but you want to give them a feeling that this would be ok until they get around to making those changes.

Don't make the inside (or outside) too personal to you. If you have an extra bedroom and use it for a home office, stage it as a bedroom when you are putting it up for sale. Generally people are looking at houses with the number of bedrooms they want and most people don't put a priority on a discrete home office. If you used a fuschia and coral paint scheme that you loved because it reminds you of Cancun, repaint it in beige when the house is being sold, Grandma's old brown stove that doesn't fit in the white kitchen? Get a white one, even if you rent it.

For more tips, we'd refer you to a recent article in the Freep.

Good luck!

Link: http://www.freep.com/story/life/2015/07/04/selling-tips-homeowners/29617327/

Wednesday, May 20, 2015

Suh Selling Super Southeast Michigan Place



Ndamukong Suh is putting his Birmingham residence on the market, now that he is no longer playing for the Detroit Lions. If you have $3.45 million available and are looking for a great place, here it is.

The place sits on over an acre close to downtown Birmingham, which doubtless helps raise the price significantly. It includes a workout room and a message room, as well as five bedrooms, four baths, three half-baths and a pool among its almost 7400 square feet.


Link: http://www.freep.com/story/sports/nfl/lions/2015/05/19/lions-suh-sells-home-birmingham/27569951/

Wednesday, April 22, 2015

House Auction Perspective: Repeating One of Our Favorite Posts

Tax Auctions are a thing in Metro Detroit. Before you jump in and get your $500 fixer-upper in Detroit, read our previous post on the topic, which is still just as relevant.

Link: http://downriverhomes.blogspot.com/2014/01/a-500-auction-buyers-story.html

Monday, April 20, 2015

AARP: Most Livable at 50+

Livable Cities, San Francisco
It would be cool to live in this neighborhood.

AARP has published a list of the most livable neighborhoods in the U.S. for those of us 50+ years old. Of course, no place in Michigan made their list (see below for why places like Ann Arbor, Wyandotte, and Trenton never had a chance). The rating method AARP used included walkability, opportunities for work and volunteering, and other factors. The results skewed to pricey downtown neighborhoods like the Upper West Side in New York and South of Market in San Fransisco.

One factor AARP did not take into account: cost. Why they didn't I can't really explain. So maybe the list should be called "Most Livable Neighborhoods for 50+ When Money Is No Object." Even stranger is why AARP would then consider access to jobs as part of the equation, which seems to be not as important if you can afford a king's ransom to live there in the first place. Does it really matter if you can be hired as a part-time computer programmer in your semi-retirement if houses cost $900,000? Curious.


Link: http://www.aarp.org/home-family/your-home/best-places-to-live.html?cmp=MSTLVBL015_APR15_015.

Sunday, March 29, 2015

Property Values on Upswing

No surprise to people who live Downriver, but we have confirmation that property values are going up just about everywhere in our little neck of the woods. Only River Rouge, Ecorse, and Lincoln Park are not invited to the party. You can see the News-Herald reporting on it here.

The article points out that rising property values do not proportionately increase property taxes, which is good for homeowners but bad for local government. This flaw in Michigan's local government finance system has been discussed in depth in this blog before, and it needs to be addressed before every city Downriver is under a state controller. While I don't want to pay taxes either, cities and townships will continue to have budget problems even with rising values.

Link: http://www.thenewsherald.com/articles/2015/03/29/news/doc55159d97e4f17107086668.txt?viewmode=fullstory




Monday, March 16, 2015

Landlord Killed During Eviction

I never did get around to commenting on this story when it occurred, but it should be a warning to all landlords to be careful. No amount of rent is worth dying over.



Link:
http://www.freep.com/story/news/local/michigan/wayne/2014/12/01/evicted-tenant-shooting-kills-detroit/19731227/

Sunday, March 15, 2015

Back from Hiatus

Yes, we have been gone since the New Year.

I have been very busy getting the Law Offices of John O. Knappmann off of the ground. I can now tell you with certainty: Mission Accomplished. The Law Firm has taken off.

I will focus lawyer efforts on Real Estate and Criminal Law.  Hey, I even started a legal blog Check it out!

So, it finally got to a point that it was possible for me to get back to this here piece of the internet. Posting will be regular, but it might not be every day.

Buckle up and enjoy the ride!
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Sunday, December 21, 2014

http://thenewsherald.com/articles/2014/12/21/news/doc5496df0ee4aa1264207025.txt