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Livonia Real Estate | Blog

Monday, March 6, 2017   /   by Paul Wolfert

It’s Official. Michigan's Deck-Ponder Season Has Begun

By: Paul Wolfert

Checking the calendar, spring won’t officially kick off until March 20 when the celestial equinox happens. Whatever that means.

That same Monday will also officially signal the start of Oakland and Wayne County’s annual real estate “hot” selling season. I DO know what that means.

And although the Tigers first pitch won’t be hurled until a few more weeks have passed, March 20 will also line up with what starts now—which I designate as the kickoff to Michigan’s Deck-Ponder Season (DPS).

Deck-Ponder Season is that time when Michigan homeowners (and even some renters) take a look outside and begin weighing alternative strategies for dealing with the backyard deck.

This is a period every year that is universally observed by Michigan homeowners with only TWO exceptions—
Exception One: No deck. This is for those who skip the whole DPS because they don’t have a deck to ponder at all.
Exception Two: F ...

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Friday, February 10, 2017   /   by Paul Wolfert

Dissecting the 20% Down Payment Myth

By: Paul Wolfert

It turns out that the crazy amount of home sales happening nationally and here in Michigan have been chugging along at a good clip despite some huge things working against them.

At least that’s what I managed to take away from last month’s Aspiring Home Buyers Profile report. Not the most captivating thing to read. Trust me.

Aside from it nearly putting me to sleep, it did shed light on one obvious and one not-so-obvious widespread belief among would-be future homeowners. Curious? Good.

Home buyers are always a nice mix of current homeowners (who will usually also be selling) and first-timers.

Among those first-timers, a major drag on their willingness and ability to buy their own pad here in the “mitten” is student debt.

A virtual landfill worth has been written about that in recent years so it’s hardly a surprise that 39% of non-owners said that student loan payments are the primary reason they weren’t plannin; ...

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Wednesday, February 1, 2017   /   by Paul Wolfert

6 Ways to Crush Michigan Relocation Stress Levels

By: Paul Wolfert
If you’re hunting for new ideas to make a relocation to or from Michigan easier, it’s amazing how often the words “stress” and “relocation” appear in the same paragraph.

The most common thing you’ll hear is to separate “stress” from “relocation” by hiring “relocation professionals” —not surprising since many of the most-read articles are written by people involved in that industry.

Since I’m involved in all sorts of moving-day drama reduction on behalf of my clients, I’ve seen/heard it all.

Here are a few of the tips I’ve seen work wonders. Pretty sure they’ll work for you too!

The first one is something you can get started on long before any move is on the calendar:

Stockpile cartons, bubble wrap, padding paper—even those peanut-shaped plastic fillers. More and more, people are buying everyday items online, so the shipping cartons and p; ...

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Wednesday, January 4, 2017   /   by Paul Wolfert

6 Steps to Lock Down the Lowest Mortgage Rate in Michigan

By: Paul Wolfert


Without even knowing it... many buyers nearly develop a split personality when it comes to purchasing a home. Totally Dr Jekyll and Mr Hyde style.

In the beginning, as they hunt for their ideal place, buyers usually take on a super active role.

And you should.

You are the customer, you should expect to be in total command of the house hunting process….Crafting your unique wish list “must haves” filled with whatever your imagination comes up with.

You want trap doors and a slide to the kitchen from your closet? You got it. I’m on it.

But then a split can develop.

The active, in-charge commander often does an about-face when it comes to the nuts and bolts of the next step: securing the mortgage.

Upon entering the weird and mysterious realm home loans, the formerly active, energetic house hunter turns passive, hoping for approval with fingers crossed.

It’s like venturing into Oz. Who know’s what&r; ...

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