Lee Morof's Real Estate Blog

The Fourth of July is an exciting – and delicious – time of year for owners of Southeast Michigan real estate.  There’s swimming, grilling hot dogs and hamburgers, and, of course, fireworks.  While the lights are pretty and it’s a blast to set them off, a moment of carelessness can ruin a good time.  Following this list of common – and not so common – safety tips will help ensure that you have a safe and happy July 4th.

1.  Get rid of the weeds around your house.  Although most Southeast Michigan real estate homes and condos are well taken care of, a lot of them have a little bit of weed growth here and there.  Making sure the weeks are cut short (less than 3 inches) or destroyed will lower the risk of stray sparks setting them on fire.

2.  Water your roof and the ground around your house.  Stray bottle rockets and roman candles are the culprits of many a house fire.  If you hose down your roof and the ground around your house in a strip about three feet deep before the fireworks start going off, these mindless arsons won’t have a chance.

3.  Keep a bucket of water handy.  As a safety measure, a bucket of water close by can’t be beat.  Many a ground firework has had a stray spark left in it even after the light display is over.  Sprinkling a little water on them when they’re done can stop fires before they start, and lower the chance of little hands getting burned. 

4.  No pointing.  Is there anyone who hasn’t enjoyed a Roman candle war?  Fun as it may be, pointing fireworks at each other is highly dangerous.  Point them toward the sky where they belong!

5.  Only light them once.  If you get a dud, consider it a spent firework and throw a little water on it.  Several people have lost fingers due to trying to relight a firework that didn’t explode the first time.
 
Practicing fireworks safety and a little bit of common sense can go a long way toward Southeast Michigan real estate homes surviving one of the most fire-filled days of the year.  Be safe, and have a happy Fourth of July!

Lee Morof
RE/MAX Showcase Homes
Birmingham, Michigan
www.NorthWoodwardHomes.com
info@NorthWoodwardHomes.com
Call:  248-514-2640

Do you own Troy Michigan real estate?  Just when you think you’ve done everything you need to do to get your home ready for the market, months pass and your home doesn’t sell. Consider a few factors that can effect your goal of selling your home.

• Priced Too High –  If your home has an excessive asking price, it will be harder to sell. With so many Troy Michigan real estate properties available today, a big price tag may turn buyers off. And, your competition down the street may have the same home but a better price. Learn pricing tips for Troy Michigan Real Estate.  
• The Market – No longer can you simply put a home on the market and watch the offers roll in. Nowadays, you have to be diligent and knowledgeable in your approach. Research the market value of Troy Michigan real estate in your neighborhood and know what kind of competition you’re up against.  And, understand today’s buyers and what they need in order to make a good offer on a home.
• Unfavorable Location – No matter how gorgeous a home is a bad location can hurt sales. Although you can’t change the location, you can be creative in figuring out ways to appeal to buyers. Offer incentives to attract buyers or lower your asking price.
• The Appearance – Does your home need some work? If so, you want to attack those issues first before putting your home on the market. Things like dirty carpets and broken appliances can turn buyers off. Try staging your home. This will help to ensure your home dazzles potential buyers.
• You Didn’t Consult a Professional – Trying to sell a home yourself can be an extremely daunting task. That’s why you need a Troy Michigan real estate professional who knows the ins and outs of the industry and can market your home in the right way.

The good thing is that you can make changes that will improve the situation. Go over all the points listed and address any problems. Once that’s done, you’ll have a better chance of watching your home sell.

Let me give you a free analysis of your home’s value in today’s market.  Just click to: Find Out How You Can Sell Your Home for the MAX.  

Have questions or are ready to sell your home?  I can help!  Give me a call at 248-514-2640 or email info@NorthWoodwardHomes.com now.

Lee Morof
RE/MAX Showcase Homes
Birmingham, Michigan
www.NorthWoodwardHomes.com
info@NorthWoodwardHomes.com
Call:  248-514-2640

Summer is gearing up, and the great summer holidays are right around the corner. From 4th of July picnics and fireworks to Labor Day barbeques, and every sunny day in between, a little preparation can make your Southeast Michigan real estate home a spot for summer fun.

Clean Up the Grill

One of the most popular pieces of outdoor party equipment is the barbeque grill. Over winter, it can accumulate a lot of dust.  Propane tanks may need recharging and even the tires might need filling. If the grill wasn’t cleaned and stored properly, last summer’s leftovers may be hanging on for dear life, and be really hard to get rid of. A good oven spray can help a lot. Spray on a generous amount and let your grill sit in the sun for a few hours before attempting to scrub the food surface clean.

Clean Up the Yard

Clutter is not only unsightly it can also be hazardous. Along with making sure toys are picked up and put away, check for branches that could have been knocked down by storms.  Also check for holes or uneven areas in the grass where a guest could twist an ankle.

Decorate Appropriately

Different holidays have themes that can be used to make your Southeast Michigan real estate home’s yard and patio look its best. For everyday fun in the yard, situate tiki lamps in strategic spots to keep away flies and mosquitoes. Use brightly colored serving dishes, plates and napkins.  You’ll find an amazing array of them at your local discount store.

Invite Friends and Family to Share the Fun

Parties are only as good as the people around you.  When you own Southeast Michigan real estate, you can invite friends and family to make a fun home party even better.  One final tip:  Have plenty of games on hand for all age groups.

If you would like more tips like this, subscribe to my blog.  It’ll only take about 30 seconds, and you’ll automatically receive tips like this in your email about twice a week. 

Lee Morof
RE/MAX Showcase Homes
Birmingham, Michigan
www.NorthWoodwardHomes.com
info@NorthWoodwardHomes.com
Call:  248-514-2640

Selling a home requires preparation. While there are many things to consider, one of the first things you should do is to ensure that your home makes a great first impression. That’s why it’s important to de-clutter in an effort to prepare your Troy Michigan real estate for sale.

1.  Start with the kitchen
Potential buyers will open drawers and cabinets.  So, be sure to de-clutter your pantry, cupboards and drawers. Throw away trash and unsightly items.  Organize things such as pots, dishes and utensils for a fresh, tidy appearance. 

2.  Organize your closet
We’ve all been there. You have company coming over and the quickest way to clean up is to throw everything in a closet. While this may be okay if you’re having a visit from friends, it’s not okay if you’re preparing your Troy Michigan home for sale. Buyers want to see everything, so don’t forget to organize your closet. Make sure all clothes are folded neatly or on hangers, and if you have carpet, make sure to vacuum.  If your closet is stuffed, remove clothing you rarely wear and either give it away, sell it or neatly store it.

3.  Make bathrooms shine
Nothing’s worse than a dirty bathroom. This is an extreme turn off for buyers. You want your property to have the look of a model home. This means clearing off countertops and removing personal items, in addition to cleaning showers, bathtubs, toilets, floors and mirrors.

4.  Remember the outside
Curb appeal is the first thing buyers see when they visit your property. If buyers view a driveway filled with kid’s toys, unsightly lawn furniture and an un-kept lawn, they may turn away without bothering to go in. Pick up around the outside of your house. Plant a few flowers and keep your lawn trimmed.

These small changes can give the appearance of a well-maintained, clutter-free home. If you want your property to stand out from the competition, follow these easy steps to prepare your Troy Michigan real estate for sale.

Thinking of selling your home?  Staged homes sell faster and for more money.  Order your FREE book, “Staging Tips to Prepare Your Home for Market.”

With my 30-Day Marketing Plan, I can help sell your home fast and for top dollar. Give me a call today at 248-514-2640 or email me at info@NorthWoodwardHomes.com.

Lee Morof
RE/MAX Showcase Homes
Birmingham, Michigan
www.NorthWoodwardHomes.com
info@NorthWoodwardHomes.com
Call:  248-514-2640

Buying Michigan foreclosures can be an exciting task. And the thought of getting a great deal on a home can literally make you giddy. But before you get caught up in all the good things about buying a foreclosure, there are still many details to sort out before you get the keys to your dream home. 

When buying a foreclosure, you should:

1.  Get help
Purchasing a foreclosure requires a lot knowledge, skill and attention to detail. From real estate agents and home inspectors, to attorneys and investors, you’ll need the help of professionals to see you through the process. You will have your hands full, so seek out help ahead of time.

2.  Work fast
When it comes to getting Michigan real estate home foreclosures, sometimes, your favorite property may also be someone else’s favorite. That’s why, as soon as you find the home, do your research so you can submit a knowledgeable bid on the property early on.

3.  Do your research
Research details about the property. Many surprises can pop up, so it’s important to spend the extra time finding out everything you can about the property, including whether or not the home has any liens on it. Although this can be a bit of a roadblock, you may be able to negotiate.

4.  Factor in risks
Lots of times, when buying Michigan foreclosures, the home is sold as is. It’s up to you to decide if you’re willing to renovate or update the home as needed. If so, just make sure you have enough money to cover any needed repairs or cosmetic work. 

If you’re interested in getting a foreclosed property at a great price, give me a call today at 248-514-2640.  I specialize in guiding people through the foreclosure process, and I’m happy to answer all your questions.

Lee Morof
RE/MAX Showcase Homes
Birmingham, Michigan
www.NorthWoodwardHomes.com
info@NorthWoodwardHomes.com
Call:  248-514-2640

When buying a home, of course everyone wants to work with a dynamic real estate agent. But sometimes, it’s hard to know not only what talents you want in a real estate agent but also what you really need. While Bloomfield Hills real estate agents differ, there are five traits you definitely want the agent you choose to work with to embody.

1. Marketing skills – You need to work with an agent who knows the ins and outs of real estate marketing. If you have a house to sell, your agent should know how to market your home both online and offline. If you’re buying a home, your agent should be aware of the latest and greatest homes on the market.

2. Negotiating flair – Once you decide on a property, you don’t want to overspend. A good agent will have the skills to get you the best deal around. With a good negotiator, you can have peace of mind knowing you won’t be taken advantage of.

3. Experience – This is understood. If you’re working with Bloomfield Hills real estate agents, you want them to be experienced. While there are some good people who are just getting started, nothing beats years of on-the-job training. Learn more about Lee Morof and see what sets him apart from other Bloomfield Hills real estate agents. 

4. Good listening skills – If an agent doesn’t listen to exactly what you want, then there’s no way he or she can give you the service you deserve. An agent with excellent listening skills is necessary if you want your goals met.

5. Dedication – No matter how much experience or skills an agent has, it’s essential that you choose someone who is ready to put in the time and commitment needed to get your deal done.

There are many Bloomfield Hills real estate agents from which to choose.  And you’ll want to interview several agents to figure out the one who’s right for you. 

I’d be honored if you’d allow me to interview for the job of representing you as a buyer or seller.  As a licensed real estate broker and lawyer, I can keep you from making a mistake that could cost you thousands of dollars.  To schedule an interview, call me today at 248-514-2640 or email me at info@NorthWoodwardHomes.com.

Lee Morof
RE/MAX Showcase Homes
Birmingham, Michigan
www.NorthWoodwardHomes.com
info@NorthWoodwardHomes.com
Call:  248-514-2640

The thought of losing your home due to a Michigan foreclosure can be a devastating experience. If you’ve been late on payments or missed them altogether, foreclosure could be in your future. However, it doesn’t have to be. There are varieties of steps you can take to prevent Michigan foreclosures.

1. Contact your lender
In order to sort out the situation, you need to involve your lender as soon as possible so you can figure out the next plan of action and keep your home.

2. Set up a repayment plan
Usually, repaying your missed payments is the start of fixing the problem; that’s why contacting the lender is so important. Depending on what you work out, your repayment costs may only be a little bit more than the cost of your current mortgage.

3. Try to get forbearance
Depending on your specific situation, you may be able to put your loan in forbearance. This means, you could be allowed to make smaller payments or you could be free from payments altogether for about a year.

4. Modify your loan
This is also known as a loan modification. The plan involves reducing your interest rate, resulting in cheaper payments. This can help you get back on track and avoid Michigan foreclosures.

5. Refinance
Refinancing your loan could also result in a lower interest rate, therefore, helping you keep your home. For example, if you have an adjustable rate mortgage that keeps going up each year, refinancing to a fixed-rate loan would be tremendously helpful.

6. Sell your home
Although this option is not ideal, it is better than foreclosure. When you sell your home, you have the chance to keep your credit score intact.

There are never any perfect choices when facing foreclosure. But before you think all is lost, examine your options.

If you need to sell your home as quickly as possible, I can help.  My 30-Day Marketing Plan will help get your home sold. I have a proven track record of selling 85% of the homes listed with me.  Call me at 248-514-2640 today to get started!

Lee Morof
RE/MAX Showcase Homes
Birmingham, Michigan
www.NorthWoodwardHomes.com
info@NorthWoodwardHomes.com
Call:  248-514-2640

Although the housing market has had its fair share of ups and down, many home buyers, particularly first-time home buyers, are reaping the benefits. Are you thinking about purchasing Southeast Michigan real estate?  If you’re ready to look for a home, there are many good reasons to make your move today.  Here are six of them:

1. Low interest rates – Right now, interest rates are lower than ever before. This means you can get an extremely affordable loan and save big on interest payments.
2. Cheaper home prices – Not only are interest rates low, but homes all around are cheaper. Since the market is packed with homes for sale, selling has become harder. As a result, prices have fallen significantly, allowing you to get a more expensive home for less money.
3. Potential tax credits – As a first-time buyer, you could be eligible for thousands of dollars in tax credits. Best of all, you do not have to pay it back, as opposed to previous years.
4. Less competition – Many people no longer have the money to purchase homes, so fewer people are visiting model homes and open houses. This is great news for you.  If you’re ready to buy a Southeast Michigan real estate home, you don’t have to worry about floods of people bidding up the price on the property.
5. Huge inventory – With new homes constantly being built, not to mention an array of existing homes, you can take your pick from a wide variety of available properties.
6. Big bargaining power – Because so many people are trying to sell their homes, they’re more willing to be flexible. As a buyer, you could greatly benefit and may be able to save on closing costs,  upgrades, repairs and more.  Work with a skilled real estate agent who can negotiate a great contract for you.

If you have the funds to step out and purchase one of the many Southeast Michigan real estate homes for sale, now is the best time to take advantage of all the possibilities.  I’m ready, willing and able to negotiate the best price and terms for you. Call me today at 248-514-2640 or email me at info@NorthWoodwardHomes.com.

Lee Morof
RE/MAX Showcase Homes
Birmingham, Michigan
www.NorthWoodwardHomes.com
info@NorthWoodwardHomes.com
Call:  248-514-2640

When it comes to success, it is often seen that those who have it share similar traits. These traits are usually shared by successful people in many different fields. The same is true of successful Troy Michigan real estate investors.

If you want to become a rich real estate investor, consider these traits that most successful people possess: 

1. The ability to see possibilities rather than simple realities. The best Troy Michigan real estate investors can look at a rough piece of property, an abused home, or a vacant block of commercial buildings and see the potential within those places instead of the run-down, or empty parcels that actually exist. Being able to visualize the property as it could be, and conceptualize the project vital to success.
2. Successful individuals in all walks of live tend to have a relentless nature. They will not give up, do not admit defeat, and do not take kindly to losing.
3. Successful people have a thick skin. They can ignore the naysayers who try to talk them out of moving forward. A thick skin is as important when they are at the top as it is when they are starting out—maybe more so, because once you achieve success everyone is jealous.
4. Successful people know how to get the best and most accurate information. Many successful people attribute their success to knowing how to surround themselves with the best resources of all types.
5. Finally, they are married, and stay married. Of course, any successful person can tell you that the quickest way to lose half your stuff is to get divorced, but being married (happily) also provides support and confidence. That is just as true for Troy Michigan real estate investors.

Whether you’re a beginner or veteran real estate investor, if you would like more information on how to increase your success when purchasing Troy Michigan real estate, I’d be happy to share my insider’s knowledge with you.  Give me a call today at 248-514-2640 or email me at info@NorthWoodward.com.

Lee Morof
RE/MAX Showcase Homes
Birmingham, Michigan
www.NorthWoodwardHomes.com
info@NorthWoodwardHomes.com
Call:  248-514-2640