Scott Petersen

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Real Estate Agent - Client First, Realtors - Canton, MI

ARCHIVED BLOG POSTS

2012 

The amount of Canton Michigan Homes for sale on the market continues to be low. The most common conversation and questions that I am having with my Buyers is, "Aren't there any more houses to look at?" We find ourselves in an overbalanced market with more Buyers than Sellers. Just as strange as t...
04/26/2012
Short Sales have become the new norm in this market, and Bank of America is a major player in this market. I was shocked to read that BOA is leading the way in Short Sale approval according to Bloomberg. I can honestly say that I have not experienced an easy or fast short sale approval with BOA. ...
04/25/2012
The news for Canton & Plymouth real estate market continues to be look good this spring. Realcomp, the local MLS just released a market report that shows good signs. Home prices continue to increase, days on market is decreasing, and year over year 6% more homes sold!     MARCH SALES STATISTICS I...
04/19/2012
The Michigan legislator voted 38-0 on bill 349, which creates another filing period for the homestead exemption. Many home buyers in Canton, Plymouth, and Ann Arbor have been unfairly penalized when they purchased a home from a bank or homeowner who vacated their home. In Michigan, only one home ...
04/03/2012
Another uncertainty is throwing a wrench in several of my Canton & Plymouth Michigan buyers purchase contracts. Fannie Mae and Freddie Mac have been claiming that their foreclosure sales are exempt from all local taxes, including county and state transfer taxes. Fannie & Freddie are claiming exem...
04/03/2012
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Scott Petersen

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