HERE IS A PERFECT OPPORTUNITY TO OWN A 2000 BUILT HOLT MI HOME!

Welcome to 2611 Schippel in Holt MI!  This 2000 built 2 story home offers a great location in award winning Holt School District!  3 bedrooms, 2.5 baths and large kitchen with island.  1st floor laundry.  Additional room is available with the finishable lower level.  Complete with large garage and totally fenced back yard for children and pets.  This is a bank short sale.  All offers handled on a first come first serve basis.  Seller has a list of reserved items on file with the office.

MacIntyre & Cowen, Short Sale Specialists, RE/MAX Real Estate Professionals Grand River, can help you navigate this process and get your home sold.  With the extension of the Mortgage Debt Relief Act until the end of 2013, now is the time to act if you are underwater in your home.  We would gladly provide a complimentary Over-the-Net Home Evaluation or email alerts to Hot Buys / Foreclosed / Liquidation & Luxury Distressed Properties in the Mid Michigan areas including Greater Lansing, Haslett, Okemos, East Lansing, Grand Ledge, Holt, Williamston, Mason, Eaton Rapids, Dimondale, Dewitt areas and more.  Feel free to contact us at 517.999.2675 or visit us at  www.pmachomes.com

INCREASE IN APPROVED SHORT SALES VS FORECLOSURE!

The U.S. Treasury Department just issued their latest OCC Mortgage Metrics Report which reports on how these distressed properties are currently being handled. Below is a graph showing how these properties are being processed now as compared to a year ago.

According to the National Association of Realtors, foreclosures sell at a 20% discount while a short sale sells at a 16% discount. Therefore, a short sale has less of a negative impact on prices compared to a foreclosure. Obviously, if the mortgage is modified, no sale takes place and there is no impact on surrounding home prices.

MacIntyre & Cowen, Short Sale Specialists, can help you navigate this process and get your home sold.  With the extension of the Mortgage Debt Relief Act until the end of 2013, now is the time to act if you are underwater in your home.  Give us a call at 517.999.2675 or visit us at www.pmachomes.com today!

PRIME COMMERCIAL PROPERTY - PRE-APPROVED SHORT SALE!

JUST LISTED Commercial Building is a PRE APPROVED short sale.  Prime location and limitless business opportunities exist with this parcel.  Currently being used as a church, the building is 6,696 square feet – complete with large sanctuary, foyer, conference room, 3 offices, 4 bathrooms and kitchen area.  Ample parking on a blacktop surface.  This is a bank suggested list price and all offers are subject to lien holder final approval. Offers will be considered on a 1st come, 1st served basis.  Please call the office at 517.999.2675 for more details!

GREAT LOCATION AT AN AMAZING PRICE!

Welcome to 212 Knox in Portland Michigan. Great Location! Within walking distance to Portland Middle School and Parks. This home offers hardwood floors, 3 bedrooms, nice deck off kitchen and finished lower level with office. New roof and newer mechanicals. Great yard as well. Near highway, schools and shopping. This is a bank short sale and all offers are submitted on a first come, first serve basis. Please call the office at 517.999.2675 for details!

AMERICAN TAX PAY RELIEF ACT SAVES SHORT SALE SELLERS FROM TAX REPRECUSSIONS IN 2013!

517-999-2675 - Call now for immediate assistance.

Last night, the house passed the 2013 American Tax Payer Relief Act. In Section 202, the bill calls for the Mortgage Debt Relief Act from the Bush era be extended until 1/1/2014.

Thank goodness for any home owner who is underwater and needs to sell their home. There should be NO tax implication of a cancelled debt on primary residences.

Home owners facing difficult situations are forced to either walk away from their “promise” or foreclose on the property or to work out a short sale. The Mortgage Debt Forgiveness Act offers homeowners the dignified solution out of their home. In a short sale, they are able to negotiate terms for a “short” payoff. We know have, with the extension, an additional tax relief as the deficiency cannot be held against them as taxable.

MacIntyre & Cowen has done hundreds of short sales since 2006 and is very well versed in the process. You can call on us with questions as your area Short Sale specialist. We have attorneys and tax professionals at your disposable, available to speak to you as well.

Peter MacIntyre with RE/MAX Grand River is one of the top real estate agents in the Midwest, a consistent Top Producer, always within the top 5 at RE/MAX of Michigan. Peter and the Peter MacIntyre Home Selling Team sold 290 homes in 2012.