Real Estate Information Archive

Blog

Displaying blog entries 41-50 of 93

New Craigslist Scam!!

by Mark Brace

WARNING: Scammers may try to steal your account by sending an official-looking email with a link to a fake craigslist login page, hoping you'll type in your username and password.

Look carefully at the web address near the top of your browser to make sure you are on the real craigslist login page, https://accounts.craigslist.org. If the URL is different from this one in anyway DO NOT Login.

The safest way to login is go to the craigslist homepage directly by typing in the web address, and then clicking on the 'my account' link.

Craigslist Scam for Renters in GR

by Mark Brace

It appears that someone is pulling the addresses, property descriptions, and listing comments from listed properties and adding erroneous “homes for rent” advertisements to Craigslist.  The person posting the ads is offering an email address for inquiries and then sends the following response to those inquiries:  Our family has relocated to South Africa and are willing to rent our home in Grand Rapids.  Please complete the attached application and we will have someone meet you at the property for a showing.   This is apparently an attempt to gain consumers’ personal identification and information, and is also causing headaches and confusion for the true listing agents and property owners, since they too are starting to get calls from interested renters.  If this happens to you, please report the incident to the FTC at 877-382-4357 or fill out an online complaint form.  

Worlds Largest Sound Stage opens in Grand Rapids

by Mark Brace

index_leftside

From WZZM13.com

The world’s largest sound stage is now open, right here in West Michigan. Hanger42 Studios is ready for business in Walker, Michigan in the former Lear plant. Walker is northern suburb of Grand Rapids, Michigan

You can find out about future job possibilities at Hanger42 Studio’s website. Operators of Hangar42 Studios announced Thursday that they will be opening a 500,000 square-foot, full-service film production studio in the old structure. 

The film tax incentives have brought hundreds of millions of dollars in productions to Michigan. Hanger42 Studios is an example of a permanent structure, to draw more movies to West Michigan.

They made airplanes in the building during World War II. They will make movies here in the 21st century.

The former manufacturing plant on Alpine Avenue is now known as Hanger42 Studios. Hanger because of the airplane origins and 42 because it was built in 1942.

The building has already been used to film movies such as “The Gun” starring Val Kilmer and 50 Cent.

Rick Hert of the West Michigan Film Office says Hanger42 is open and ready for business. He says, “Because of the size of this space we have the opportunity to have 3, 4, 5, 6
projects going in here at a time.”

Learn How to Reduce Property Taxes

by Mark Brace

There is one last opportunity on Wednesday, February 3, 2010 from 6:00 – 9:00 p.m., to take the RPOA-REI detailed class on fighting inaccurate tax assessments.  The class will:

  • Provide a detailed look at the property tax assessment process.
  • Explain the assessment appeal process.
  • Explain and provide examples of the paperwork necessary to file an appeal.
  • Explain the methodology of determining a correct assessed value and proving it.
  • Offer information on resources to help appeal your property tax assessments.

Also, Feb 12,2010 is the last day to file your property tax assesment appeal!! Don't throw away your money!! Take action now!!

10 Home Features Buyers Want

by Mark Brace

Home designers and builders speaking at the recent International Builders Show in Las Vegas say that buyers are seeking cost-effective features and rejecting things that don’t have lasting value.

“It's all about family togetherness – casual living, entertaining and flexible spaces," says Carol Lavender, president of the Lavender Design Group in San Antonio.

Paul Cardis, CEO of Avid Ratings, which conducts an annual survey of buyer preferences, identified these must-haves in new homes:

  1. Large kitchens with islands
  2. Energy efficiency, including energy-efficient appliances, super insulation, and high-efficiency windows.
  3. Home offices
  4. Main-floor master suite
  5. Outdoor living space
  6. Ceiling fans
  7. Soaking tub in the master suite and/or an oversize shower with a seating area
  8. Stone and brick exteriors rather than stucco or vinyl
  9. Community walking paths and playgrounds
  10. Two-car garages, but three-car garages are even more desirable

Source: Realtor Magazine

Cirque Dreams Illumination Comes to Grand Rapids

by Mark Brace

Cirque De Soleil is known for putting on wacky, zany and mysifying acrobatic shows. They are usually performed in large Metro areas such as Las Vegas, Chicago and NYC however, we who live in Grand Rapids are getting the chance to see one of the Cirque shows starting tonight (1/26) at DeVos Performance Hall. In Cirque Dreams Illumination city dwellers collect objects that are balanced beyond belief, linemen delicately walk wires, daredevils leap tall buildings and flyers redefine the risks of flight. Everyday occurrences are transformed into astounding feats performed by an international cast of acrobatic urbanites, flexible fanatics, world-class athletes, musicians and more. This action packed Cirque Dream is enhanced with over 100 inventive costumes and set in a fantastical cityscape of dimension and special effects. Cirque Dreams Illumination will surpass its "jaw dropping, family friendly spectacle" proclamation by the Los Angeles Times and exhilarate audiences of all ages. To get tickets visit www.broadwaygrandrapids.org.

10 Big Impact, Low-Cost Remodeling Tips

by Mark Brace

According to Realtor Magazine there are 10 ways you can update your home for sale without breaking the bank. These ideas are all proven to make an impact on potential buyers without making a huge impact on your wallet. Check out the ideas below:

1. Tidy-Up Kitchen Cabinets-Potential buyers do typically open up cabinets and peek inside. An easy way to make them look better is by organizing with baskets or roll-out organizing trays.

2. Add or Replace Tile-By adding new tile inexpensively you can make a space look much brighter and cleaner than it was. Many stores offer tile for $1-$2 and under. This is an easy way to update bathrooms as well.

3. Add a Breakfast Bar-When a wall separates a family room from a kitchen, cutting out an opening to create a breakfast bar is a low cost upgrade that adds value to the home. This can be done for around $500.

4. Install Granite Tiles instead of a Granite Slab-Granite counter tops are an extremely hot commodity in the home buyer's market, but a granite slab can go for more than $3000. An easy alternative is installing granite tiles, which gives the feel of granite counter tops for around 1/10 of the cost!

5. Freshen Up a Bathroom-Add new light fixtures, updated hardware, a new medicine cabinet and re-grout existing tile. All of these are low-cost ways to improve and freshen up a bathroom.

6. Freshen up the Basement-Even if you don't have a finished basement, there are ways to freshen it up. If you have poured concrete walls, have a contractor fill the cracks with cement and paint with a waterproofing paint. After the waterproofing paint you can add a top coat to add color.  You can also paint the basement floor with a good floor paint.

7. Add a Room- Look for large spaces that can be enclosed to create a bedroom for just the cost of creating a wall. Adding rooms adds value.

8. Spruce up Cabinet Fronts-Recondition old wood cabinets or even paint them. Both of these are less expensive than re-facing or replacing.

9. Replace Light Fixtures-Replacing light fixtures is the easiest way to update a home.

10. Tech up the Garage- The easiest way is to replace the garage door opener with a remote touch-pad entry system.  The cost is low, but makes it look like you have a high-tech garage-opening system.

100 Days Left for Home Buyer $8000 Tax Credit

by Mark Brace

 

Get your pre-approval NOW!  We only have 100 days to have an accepted PA to qualify for the federal tax credit.
 
Also, we are expected to have an announcement from FHA this week.  They are going to raise the up front mortgage insurance premium from 1.75% to 2.25%and reduce the maximum seller paid costs from 6% to 3% (which means more money out of pocket and higher payments). 
 
Get your rate locked in before these changes occur.  More to follow.

8 Tips to Guide Your Home Search

by Mark Brace

1. Research before you look. Decide what features you most want to have in a home, what neighborhoods you prefer, and how much you’d be willing to spend each month for housing.

2. Be realistic. It’s OK to be picky, but don’t be unrealistic with your expectations. There’s no such thing as a perfect home. Use your list of priorities as a guide to evaluate each property.

3. Get your finances in order. Review your credit report and be sure you have enough money to cover your down payment and closing costs. Then, talk to a lender and get prequalified for a mortgage. This will save you the heartache later of falling in love with a house you can’t afford.

4. Don’t ask too many people for opinions. It will drive you crazy. Select one or two people to turn to if you feel you need a second opinion, but be ready to make the final decision on your own.

5. Decide your moving timeline. When is your lease up? Are you allowed to sublet? How tight is the rental market in your area? All of these factors will help you determine when you should move.

6. Think long term. Are you looking for a starter house with plans to move up in a few years, or do you hope to stay in this home for a longer period? This decision may dictate what type of home you’ll buy as well as the type of mortgage terms that will best suit you.

7. Insist on a home inspection. If possible, get a warranty from the seller to cover defects for one year.

8. Get help from a REALTOR®. Hire a real estate professional who specializes in buyer representation. Unlike a listing agent, whose first duty is to the seller, a buyer’s representative is working only for you. Buyer’s reps are usually paid out of the seller’s commission payment (free to the buyer, what a deal!).

Top 5 Reasons to Re-Carpet Your Home

by Mark Brace

There are 5 reasons why replacing the carpet in your home should be at the top of your to-do list when getting ready to sell. These reasons are listed below:

5) SMELL-You may be unaware of a smell because you're used to it, but these scents are usually very apparent when someone is walking in for the first time. Make your home smell new again. 

4) COMPETITION-With 1 buyer/10 homes on the market, they will always choose the home that demands no work or effort. Move-in condition is a HUGE selling point.

3)MONEY-Data shows that those who re-carpet are able to not only recover that cost, but actually make a profit from the project.

2)TIME-Homes that require buyers to paint or replace carpet sit on the market much longer than one that has been completely updated. If it's replaced up front, your home won't sit on the market.

1)The number one reason-again-is MONEY-Putting a little bit of money into prepping your home for sale will save you from buyers demanding a lower price for them to update!

Give your home a fighting chance to sell for the price it's worth in an extremely competitive market!

Displaying blog entries 41-50 of 93

Contact Information

Photo of Mark Brace, Realtor, ABR, GRI, CRS, SRES, e-PRO, A Real Estate
Mark Brace, Realtor, ABR, GRI, CRS, SRES, e-PRO, A
Berkshire Hathaway HomeServices Michigan Real Estate
3000 East Beltline NE
Grand Rapids MI 49525
Direct: (616) 447-7025
Cell: (616) 540-7705

© 2024 Brace Homes | © 2024 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity