October 2009

There are 2 blog entries for October 2009.

Troy Gets a Boost - With a DOE Grant!

Tuesday, October 27th, 2009 at 8:10pm. 85 Views, 0 Comments.

More jobs right here in Troy.Recently Michigan Governor, Jennifer Granholm was in Troy to announce the awardof a $151 million Department of Energy grant to Troy’s Compact Power, Inc. formanufacturing facilities in Troy to produce lithium-ion batteries for the newChevy Volt. The Governor stated these funds will have a major impact on jobs.

 

With more of us from Troy gettingback to work, many are beginning to take a look, once again, at the possibilityof home ownership.

 

So much has happened in the lastfew weeks. Here in Troy, a great boost in the creation of new jobs in a new green industry. Nationally, Standard& Poor’s reported that its home price index of real estate values increasedthis past quarter over the first quarter of 2009. It marks the…

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6 Tips for Shopping for Foreclosure Homes

Thursday, October 8th, 2009 at 6:55pm. 121 Views, 0 Comments.

Because ofthe huge volume of foreclosures now on the market and the record numbers thatwill be coming in over the next 12-18 months, banks are lowering their pricesdaily just to move inventory. Banks are also, in many cases, placing homes withlisting Realtor agents that specialize in selling REO homes.

1.       Get Title Insurance Before You Buy

Most everything we read in our quest for knowledge about foreclosuresstresses that a title search must be made early in our investigations.

 

A search of the Title or legal description of the propertyis undertaken in most real estate transactions by the buyer’s attorney or atitle company. It is a way of assuring the advisor to the buyer that the partyoffering this property for sale has the legal right to…

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