Ann Arbor Real Estate Blog

Facing Foreclosure? Don’t Abandon That Home!

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Over Easter weekend, over 1,000  University of Michigan  students participated in Detroit Partnership Day and helped demolish hundreds of abandoned homes in the area, as well as cleaned parks and painted murals ion 20 sites in northwest and southwest Detroit.

The problem of abandoned homes is an interesting dimension of the housing crisis in Detroit, as well as in Ann Arbor and around the country.  With so many homes being foreclosed upon, the “orphaned” properties that remain have created difficult legal disputes as to who should care for the properties while the foreclosure process occurs. In many cases, the homeowners abandon their homes upon receiving their first notice.

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Categories: Foreclosure Assistance, Foreclosure Avoidance

Ann Arbor Real Estate Market Trends for January & February 2009

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Ann Arbor home sales are up, prices are down

As we look back on the first 2 months of 2009, the Washtenaw County real estate market saw a trend of increased homes sales at much lower prices.  When comparing the first 2 months of 2009 to 2008, Ann Arbor area home sales have gone up 11.57 percent, while the average sales price has dropped 22.2%, and the average price/SF has decreased 20.1%.  These figures reflect the average of the 9 school districts in Washtenaw County.  The more important information is – how is my area doing?

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Categories: Ann Arbor Condominium Complexes, Ann Arbor Neighborhoods, Ann Arbor Real Estate Trends, Foreclosure Avoidance

Ann Arbor Foreclosure Assistance Consumer Alert!

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Because bank owned Ann Arbor properties are becoming more commonplace and foreclosures are on the rise the proliferation of scam artist are also on the rise here in Washtenaw County. These unscrupulous people are trying to take advantage of Washtenaw County homeowners who are in a very difficult financial situation. Many unknowingly fall prey to these scam artist who poss as so-called legitimate organizations.

Ann Arbor Foreclosure Danger Signs!

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Categories: Ann Arbor Real Estate Trends, Foreclosure Assistance, Foreclosure Avoidance

Ann Arbor Homeowners Have a Foreclosure Consumer Advocate

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it’s all over the evening news, Ann Arbor homeowners in a losing financial battle feel a sense of hopelessness. Foreclosure is staring them in the face and they are at a lose for solutions to avoid it. Because more should be done to help those in our Ann Arbor community, our team has invested time and expense to become better equipped to reach out to those who are facing the prospect of foreclosure.

Viable Solutions to Stop Ann Arbor Foreclosures!

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Categories: Ann Arbor Real Estate Trends, Foreclosure Avoidance

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