Check out this brick ranch with large lot, 2 stall attached garage, central AC, fireplace hardwood floors and finished basement in a desirable location. With comparable homes in the area selling quickly priced $30,000 higher, this one needs some cosmetic work but has a lot that can be salvaged. A pool exists with leaky liner, could be fixed or buried. Schedule your showing today, and step into a home that will pay you back. Grand Rapids MI. Rehab loan may be necessary.
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Forbes Magazine has been keeping the Grand Rapids, MI graphic in their “Frequently Used” cache over the past few years. The latest list may be the best one yet.
If you’d like to invest in Grand Rapids Michigan, please contact me. I can offer guidance on purchases, and Life Cycle Property Management can manage the property in a sustainable and affordable way that also contributes to the wellness of our beloved town.
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According to this article from CNN Money, the housing market has recovered to the point of around 2003, which is actually not too bad considering 2006 is widely-accepted as the peak of the real estate market. We wont be seeing 5-7% annual increases any time soon like we were predicting back then, but many economists are predicting a small 1-2% increase from this year to next.
Link: Question and Answer
I have two answers for you. First, there a lot of investors in town selling homes on land contract. Often a sign in the yard sells a home like that in a good neighborhood and good schools. You’ll want to talk to a Realtor who knows who those investors are, and which ones are worth contacting and which are not. Second, if you have at least a good 10% to put down on a house, look for your ideal home in the ideal neighborhood that is currently for rent, and make an offer. Just because its not listed does not mean its not for sale! And…you’ll want a good Realtor to represent you so you dont get ripped off in terms of value, terms, interest rate, and general business conduct.
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