Tuesday, February 23, 2010

Lengthening Days in Pentwater Village

As we slide into Spring there are more signs that people are getting fed up waiting for 'whatever'to happen.
A Lake MI View property in the $350,000 price bracket just sold - it was a long time in the making but it was and is.
In our office we are working on several $300,000 to $400,000 transactions presently so that should be encouraging for all of us.
Today we had a visit from the USDA / RDA lady who talked about the amazing financing deals that can be had via the USDA for low and very low income earners.
Call us for details.
In Pentwater Village and township most of the homes seem to be second homes but there are alot of residential homes in Oceana County.
Check these sites:-

Tuesday, February 16, 2010

We are busy

2 closings this week and the snow is getting deeper as I write!!
We have agents showing property and one sale negotiated so far this week.
So - no complaints at the present!
There are just great opportunities out there right now. I can't believe that the house in Hart for $31,000 expired this am - maybe it will get re-listed in the next day or 2.
Apparently everyone is still hibernating because that is the opportunity of a life time.

If you snooze you lose, as the saying goes!

Tuesday, February 9, 2010

Up North in February

Well, you know it's Up North at this time of year!
Actually it has been nice weather, dry and not too cold.
Last night the Village of Pentwater Council members approved a resolution to send a letter to our senator and representative and the Governor in which it was stated that Pentwater Village does not approve of the Wind Farm proposed for Lake Michigan.
It seemed to be unanimous with lots of approval from those present including yours truly!

Tuesday, February 2, 2010

February Real Estate in Pentwater

So far the phones have been ringing fairly steadily. People looking for homes and land which is, of course, music to our ears.
It is understandable because there are a lot of excellent bargains to be had.
A house in Hart for $34,000 - Yes it's true and it is in a nice area , Can't be bad for someone with a little money to invest.
Just think - put down $7000 (approx 20%) and borrow $27,000 at 6% (say)
That makes monthly payments of $227 for 15 years or $350 per month for 8 years.
As a rental you should be able to get $400 - $500 per month.
I call that a sweet investment.
Bythe way interest rates are not up to 6% yet!
Have a great week and think about it!