Scott Petersen - Canton - Plymouth - Real Estate

August 2007 - Posts

• Invest in Foreclosures

  It is hard to miss plethora of foreclosures in Michigan and beyond. Banks are becoming increasingly willing to sell these properties cheaply to get the non-performing mortgages off their books. Here are a few tips that I have personally learned in investing Read More... Posted Saturday, August 11, 2007 10:55 AM by Scott Petersen | 0 Comments Filed under: Real Estate, For Sale

• Pricing - Pricing - Pricing

  It has been said that the dictum of real estate is location, location, location. This is still true, but there is an addition today of another trinitarian proverb: Pricing. I am seeing properties in prime locations languish on the market for months and Read More... Posted Saturday, August 11, 2007 10:46 AM by Scott Petersen | 0 Comments

• Get Creative

  When you think of the word creative, real estate is probable not the first thing that comes to mind. However, creativity is a big part of real esate, especially today! I am finding the smart buyers and sellers of real estate today are finding creative Read More... Posted Saturday, August 11, 2007 10:14 AM by Scott Petersen | 0 Comments Filed under: Market Conditions

• SHORT?

  Listing after listing in today's market reads, "Subject to Short Sale". I have taken this term for granted for years, as it has been a popular technique for investors to buy homes. Rrecently, however someone called me and asked, "what Read More... Posted Saturday, August 11, 2007 9:24 AM by Scott Petersen | 0 Comments Filed under: Market Conditions