LANSING SHORT SALES

Don't miss out on this custom built home. Make sure to wind your way to this short sale in Eaton Rapids!

2012-01-19T07:47:00.000-08:00

Welcome to 289 William Durfee Dr. in Eaton Rapids. Custom built home in 2004 with six panel doors, Petra windows and so much more. This home is rock solid and location with the three plus acres is serenity at its best. 3 bedroom, 2 full baths. basement is all set for more beds or 2nd rec area. As you enter this home you are welcomed by large open floor plan, cathedral ceiling wood fireplace, open kitchen, dining area. Slider leading to large deck and plenty of woods in that backyard. Large master suite with walk in, ultra jet tub, double sinks plus, two very spacious bedrooms as well. This bank short sale won't last long. It's a great opportunity to live in a great area with little or no traffic but still just minutes from schools, shopping, medical center. 3.14 acres.

For more listings make sure to check out our website:
http://www.greaterlansingrealestate.com/featuredlistings/

Located in the popular Cedarbrook Sub - Lovely Short Sale in Lansing, MI

2012-01-12T07:42:00.000-08:00

Welcome to 524 W. Dexter in the popular Cedarbrook sub. This home is neat as a pin from top to bottom. Newer roof, windows, doors, siding, you name it. Full bath remodeled with new tub and shower. Hardwood floors, newer slider in kitchen. Lower level is partially finished with full bath as well. Washer and dryer will remain. Multi level deck off kitchen, dining area. Large 2 car garage, furnace '03, water heater '98. This is a short sale subject to lender approval.

What an AMAZING Deal! Located in Lansing, MI

2012-01-05T07:37:00.000-08:00

Welcome to 823 W Shiawassee. This is a nicely updated home, with beautiful hardwood floors and lots of potential. It is located in the Genesee neighborhood, near Cooley Law School, downtown Lansing, and LCC. This IS a Bank Short Sale, and is subject to lender approval.

For more photos and information please check out:
http://www.greaterlansingrealestate.com/featuredlistings/

Short Sale in Lansing, MI - This Deal Is Waiting For You!

2011-12-29T07:33:00.000-08:00

Welcome to 3816 Deerfield - This bank short sale has so much to offer. Close to schools and shopping. Open floor plan. Nice living area. Formal dining. Finished lower level. A real must see for the price.

For more photos and information please check out:
http://www.greaterlansingrealestate.com/featuredlistings/

Check Out This Amazing Deal in Lansing

2011-12-22T07:26:00.000-08:00

2314 Vine - Lansing.

3 bedroom in and near MSU, highway, Sparrow hospitals. Fenced backyard for the pets, kids. Nice area home has lots of potential. Don't wait for this one to slip away.

For more pictures and information check out our website - http://www.greaterlansingrealestate.com/featuredlistings/

This very well cared for home is waiting for you!!!

2011-09-25T13:12:00.000-07:00

Welcome to Cranbrook Lane in Mason, MI. This very well cared for 3 bedroom, 2.5 bath home is move in ready. Open floor plan. Nice and bright. Laundry pantry area with lots of storage. Open kitchen, dining area leading to a great patio for entertaining. Nice living room also open to kitchen and dining area. Finishable lower level with great track shelving. Second level boasts all 3 bedrooms and little office area at the landing. This home is neat as a pin. Built in 06, better than new.

Winding your Way to this Eaton Rapids Home

2011-09-18T13:07:00.000-07:00

Welcome to Clark Street in Eaton Rapids. This newer (98) updated home has lots to offer. Hardwoods and tile, nice open kitchen and dining area leading to a great deck and hot tub area. open living room as well. Large bath on this level and 3 generous sized bedrooms. lower level is finished with bath as well. This is a good opportunity for someone at this price. This is a bank short sale.

Check out this amazing deal, with plenty of room for the whole family!

2011-09-11T13:21:00.000-07:00

Nice 5 bedroom, 2.5 bath, 2 story with in-law apartment upstairs. Over 2500 Sqft! Two kitchens, two living rooms, 1st floor master with huge walk in closet. 1st floor laundry. Nice kitchen with informal dining area. Fireplace in living room with newer oak mantle. Second floor has been completely remodeled and offers 3 bedrooms, living room, full bath and oak kitchen, plus all new windows, doors, carpet, lighting, vinyl and laminate flooring. Opportunity knocks on this one.

Approved Lansing Short Sale!

2011-09-04T11:50:00.000-07:00

Well cared for - Updated - FULLY APPROVED @ 40K, Just waiting for an offer! Don't miss your chance for the deal of the century!

Potterville Preapproved Short Sale!!

2011-08-28T11:37:00.000-07:00

Welcome to Sunset Drive in Potterville's newer subdivision. Close to schools, shopping and great highway access. Priced right for the area. Great investment! Open floor plan. 3 bedroom home with formal dining room, open living room with gas fireplace. Nice bright kitchen with slider leading to nice deck for summer/ winter bbqs. Lower level is a full walkout leading to a patio below. This lower level has a lot of potential. All three bedrooms are upstairs. This is 1st come 1st serve short sale.

You are not Going to believe this DEAL

2011-08-21T13:11:00.000-07:00

Short Sale Sunday

Giving you the latest and the great deals in the Greater Lansing Area

Airpark home between Lansing and Jackson, MI, Skyway Estates is a private owned association with a public airport. Airport boasts 54 Acres of land, 2,650 ft grass runway and is approved for IFR operations. The home is a spacious ranch with many updates. 2 way wood burning fireplace for those cold winter nights. Open floor plan featuring: 3 bedroom, 2 full bath, Master, 1st floor laundry, & attached 2.5 car garage. Lower level has all kinds of potential for added sqft if needed. 40X60 hangar offers:concrete floor, 20X30 apron, 12 ft ceilings, two 12X17 overhead doors. It is wired for cable TV, plumbing and electric. Don't let this bank short sale fly away. Yearly fee covers the airport maintenance (this is not a hangar fee).

Great Home with some Land

2011-08-14T13:08:00.000-07:00

Short Sale Sunday!

Located just off 52 and 69, East of Grand River. You approach this home by going around a very nice pond and farm land all around. Right off the bat you notice a large porch overlooking the pond and large pole barn at rear of property. Sitting on over 3.5 acres, this home offers 4 beds, 3 full baths, large open kitchen that leads to the dining area and large living room with stone fireplace and lots of windows for some great views. Two doors leading to that great porch area. 3 beds up and one down. Also down, are laundry area, utility room, full bath and large family room. Home needs some TLC and cosmetics but has great backbone. This is s a bank short sale. All offers go to lender on a 1st come 1st serve basis no matter what the offer.

Must See Okemos Home

2011-08-08T13:08:00.000-07:00

In a very popular subdivision, this 5 bedroom, 3 full bath home is priced to move. Over 2000 square feet of open living space. Lots of hardwood floors. Great 2 faced open fireplace, vaulted ceilings, lots of room to move in this one. Great backyard for entertaining. Close to shopping, schools, plus great highway access. This is a bank "approved" short sale. All offers are 1st come, 1st serve.

Fully Approved Short Sale

2011-07-20T12:08:00.000-07:00

Fully Approved Short sale at $49,900 and 3% in closing costs. This is a gem! 3 bedroom, 2 full bath ranch with first floor laundry, including washer and dryer. Move right in! Nicely re-done - top to bottom, from roof to siding to interior. The home is move-in ready! Nice neutral colors. Totally fenced in for kids or pets. Great detached garage that is a must see as well. APPROVED SHORT SALE at Asking price. Hey, we even got 3% in concessions to work with.

Mason Home needs Offer

2011-05-04T14:12:00.000-07:00

A commuter's dream come true! Close to 127/Cedar Street/Holt/Mason, but yet has a country feel, for sure, with plenty of woods around totally fenced in yard. New roof/new furnace. Ranch with new updates from carpet to flooring. This is a real must see, at this price. This Short Sale is ready to go! With all kinds of potential as well. Location and country feel are key to this one, plus all the updates!

Updated home and A short sale, not to mention in Haslett!

2011-04-20T14:22:00.000-07:00

This Bank Short Sale is ready to go. Offering 3 bedrooms, newer furnace '05, vinyl siding '05, new hot water heater, six panel doors, and undated bath, ect; this home is as good as they come. Within walking distance of Lake Lansing Park and beach the location is ideal to say the least. Spacious living room opens up to updated kitchen with oak cabinets, newer appliances, eating area with window overlooking a deep lot. Newer oak hardwood floors in living rooms and kitchen. 1.5 detached car garage, 1st floor laundry, double fenced lot, porch and deck area. Better than a foreclosure. Offers are sent 1st come, 1st serve basis.

A Fowlerville Find

2011-04-06T14:24:00.000-07:00

This is a 3 bedroom home with lots of updates. It offers newer windows, siding, roof, and a partially fenced back yard. Lots of potential with this one and it is on nearly 1 acre. Basement is partially finished as well. This is a bank short sale and subject to lender approval.

Fresh Listing - Bank is Willing to Deal

2011-03-23T14:15:00.000-07:00

Wow! 4 bedrooms, 2 full baths, 2000 built bank short sale sitting on 2.5 acres. Home has a 4 ft crawl space with a vapor barrier, brick paver driveway, underground sprinkler system, and a partially fenced yard for the kids or pets. Coming in from the garage you enter a sun-room then the kitchen area with open floor plan. Large living area with gas fireplace. 3 bedrooms, including the master. Another room being used currently as a den could be a 4th bedroom easy. Lots of potential here. 1st floor laundry. All offers are submitted on a 1st come 1st serve basis. Seller Reserves portable shed.

Almost Approved - Home is Ready for an Offer

2011-03-09T14:19:00.000-08:00

Enclosed front porch. Nicely decorated with neutral colors and decor in the 2 bedroom, 1.5 bath with 2 car detached garage. Walk up attic with potential for 3rd bedroom and closet. Spacious kitchen includes appliances. Separate dining room with ceramic tile floor and nice, light, hardwood floors in living room!

Great Find in Lansing - Short Sale is APPROVED

2011-02-09T14:12:00.000-08:00

DON'T LET THE OUTSIDE OF THIS HOME FOOL YOU. VERY NICELY UPDATED, KEPT HOME CURRENTLY USED AS A RENTAL BY CARING STUDENTS. NEW ROOF, UPDATED WINDOWS, KITCHEN CABINETS, FLOORING, ETC. NICE HARDWOOD FLOORS, ALL APPLIANCES STAY PLUS THE WASHER AND DRYER. A REAL MUST SEE FOR A GOOD PRICE ON A HOME OR RENT INVESTMENT. 2 KITCHEN AREAS.

Fab home on Phillips in Holt - Make Offer

2011-01-31T10:51:00.000-08:00

This new short sale needs an offer! Don't let the outside and square footage kid you. This cute 3 bedroom doll house is ready to go. Move in condition. Bank short sale! Great location and close to schools and highways. Home features: hardwood floors, new paint, many updates, and all appliances stay. . Lots of new insulation added in the attic in '05. Lots of character in this great house. Exterior is totally maintenance free. Nice mature yard that is fenced in for the kids and pets. 1.5 car garage. All offers are 1st come 1st serve basis.

Skyway Estate. 9449 Columbia

2011-01-27T09:22:00.000-08:00

Just landing on the market! Bank short sale subject to lender approval. WOW! Striking Cape Cod with fireplace and 3 bedrooms all on one level. This home offers great charm and character from the lamp post out front to the airplane hanger out back. Off the dining room, glass doors lead to the impressive deck and huge in ground pool. Kitchen is nice sized and perfect for family dinners. Rec room downstairs makes for extra room to move and stretch your legs. The hanger is to die for. It can accommodate a 40 ft wingspan and has auto doors, paint shop and office. Lots and lots of storage space here. 2600 ft. runway is lighted and has VOR approach. Why pay hanger rent when you can live with your plane? This is a great investment, swoop in and see it today. Property is sold "as is" don't let a great opportunity pass you by. Fee cover airport maintenance.

What Are My Closing Costs When I Buy A Home?

2011-01-27T07:34:00.000-08:00

BOTTOM LINE - WHAT IS IT GOING TO COST TO BUY A HOME?

First and foremost- you do not pay the agent. The seller pays the brokerage fees.

Secondly, Down payment is different and completely separate from your "CLOSING COSTS". For example on FHA (most typical first time home buyer loan program of choice)...you (buyer) will be required to bring a minimum of 3.5 % of the sales price to closing as your down payment.

Now a buyer, who is financing the purchase by obtaining a mortgage loan, will have typical loan origination fees, escrows and closing fees better known as "Closing Costs." These should typically be 3% of the sales price (unless you are buying a home with high taxes)...if you find your closing costs are disproportionate...that may be a red flag that you are getting ripped off. Take note- It is to your advantage to get a Good Faith Estimate from SEVERAL mortgage lenders and let it be known to them that they are competing with the next guy. In fact, give them the Good faith estimate from their competitor to BEAT. Back to the topic, these closing costs will consist of loan origination fees, tax escrows, tax perorations, title insurance, home owners insurance, recording fee, closing fee & appraisal fee. So if you are following me, on a home purchase of $100,000, you will need $3500 down payment and you should expect to pay about $3000 in buyer closing costs.

This brings me to Seller Concessions. This is when you ask in your offer for the SELLER to pay your closing costs ....it is also termed seller concessions. This allows you to bring less money out of pocket to closing. But keep in mind, this expense is coming off of the seller's bottom line price. If you offer $100,000 and ask the seller to pay the maximum of 6% seller concessions that actually translates to only $94,000 on paper. That is before they foot the bill for the brokerage fees, transfer taxes and on and on.

This is important to remember when you find yourself in a tight negotiation situation like bank foreclosures that have multiple, competing offers. If you want the seller to pay your closing costs, in some markets, you have to inflate the asking price and put the closing costs on top. Ex. Hot property asking $100,000. You want seller to pay 6%. You offer them $106,000 with seller paying $6,000 in buyer closing costs. JUST MAKE SURE THE PROPERTY WILL APPRAISE!

7 Approved Short Sales- Lansing, MI

2011-01-25T06:46:00.000-08:00

If you bring offer at approved price- NO WAITING. Otherwise bring your best offer and we will push it through. All the legwork has been done on these short sales. Take another look today!!!

1031 W Barnes -48910. Approved for $53,000 w/ $3000 seller concessions

2126 W Miller -48911. Approved for $49,000 w/ 3% in concessions

1336 St Joe -48915. Beautiful Inside. Will go FHA! Approved for just $29,9K.

1418 Boynton- 48917. Approved for $81K

1234 Zimmer Place- Williamston Condo. Approved for $69,9K

238 S Francis - 4 BR! -Approved for $53,000

2415 Maplewood- Must see inside - Approved for $47,000

CALL PMAC Team today for more info @ 517-999-2675

Loan Program for Buyers

2011-01-25T06:08:00.000-08:00

Greater Lansing, MI residents...if you are not a home owner, you should be. There has never been a better time to buy in Michigan. Historically low interest rates and home values makes your monthly payment peanuts compared to what you are paying in rent. Not to mention 2011 promises an onslaught of phenomonally priced bank owned homes and short sales coming down the pipeline.

Don't think it is possible for you? Do you hear about all this money, programs and grants out there available for home purchases and do not know where to find it!

Here is your Financing/ Available Buyer Program 101 Course:

Rural Development is still a Zero Down Loan Program. Bonus- This is not a Credit Score driven program, so you may still qualify if you have less than perfect credit history! Below is the RD eligibility area map. Anything in the yellow highlightedarea and beyond is an eligible area for Rural development financing.
Greater Lansing, MI residents...if you are not a home owner, you should be. There has never been a better time to buy in Michigan. Historically low interest rates and home values makes your monthly payment peanuts compared to what you are paying in rent. Not to mention 2011 promises an onslaught of phenomonally priced bank owned homes and short sales coming down the pipeline.

Don't think it is possible for you? Do you hear about all this money, programs and grants out there available for home purchases and do not know where to find it! Here is your Financing/ Available Buyer Program 101 Course!

Rural Development is still a Zero Down Loan Program. Bonus- This is not a Credit Score driven program, so you may still qualify if you have less than perfect credit history! Below is the RD eligibility area map. Anything in the yellow highlightedarea and beyond is an eligible area for Rural development financing.

Also plug in specific property address to the Rural Development site here: http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do

VA Loan- Zero Down Loan -Armed Forces Veterans and current Military Service Members are in a great position when they decide to purchase a home. They have access to Low Interest VA Loans that enable them to buy a home with no down payment and no mortgage insurance.

City of Lansing Down Payment Assistance- Assistance in the amount of 6% of the Sales Price is available to each income eligible household for down payment and reasonable closing costs incurred in the purchase of property located within the Lansing city limits.

Visit: http://cityoflansingmi.com/pnd/development/Dev_down_payment_assistance.jspF

FHA Financing- Minimum credit score is generally 620 middle score. Although there are lenders and program guidelines where this can be flexible. Minimum down payment required is 3.5% of the purchase price. Perhaps you do not have any money? FHA allows you to receive "Gift Funds" from friends or family for your down payment.

MSHDA Down Payment Assistance - This program requires a 1% buyer contribution of the total sale price. Available to households with up to $108K annual income (depending on family size and location of property.) Sales price limit of $224,500

Visit: http://www.michigan.gov/mshda/0,1607,7-141-45866_45870-175332--,00.html

Zero-interest, non-amortizing loan with no monthly payments.
Maximum assistance is $7,500.
Available with MSHDA's FHA or Rural Development first mortgage.

Funds may be used for down payment, closing costs, prepaid/escrow expenses and a home inspection performed by a qualified home inspector.

Fannie Mae HomePath Financing / Buyer Incentives- Fannie Mae offers Rehab Loans on foreclosures that are distressed and do not qualify for traditional financing due to poor condition. They also offer incentives such as 2 yr home warranty, No Appraisal, No Mortgage Insurance and 3 % down payment, rather than the required 3.5 % for traditional FHA. Sometimes Fannie Mae will also contribute to pay Buyer's Closing Costs.

Visit: http://www.homepath.com/financing/index.html

Please contact MacIntyre & Cowen-REMAX to get started. 517-999-2675.... Greater Lansing's # 1 Sales Team 3 years running. No one sells more properties in the area. Our knowledgable agents and friendly staff look forward to hearing from you today. We can provide you information and access to ANY home in the area. Visit us on our website at www.pmachomes.com and www.shortsalealley.com