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Contact MARK Z. Home Selling Team

If you have any questions or need more detailed information, please feel free to contact me via phone at 248.937.1337 or fill out the form to let us know how we can help with your real estate needs.

Office Location 39500 Orchard Hill Place,
Suite 100
Novi, MI 48375
Phone: (248) 937-1337
Fax: (248) 504-4634

Metropolitan Detroit Real Estate Blog

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My Friends Buddy Has A Brother Whose Mother Bought A Foreclosure

Friday, May 29th, 2009 at 3:08pm. 161 Views, 1 Comments.

You Want The Truth?

It never fails when we start working with a new buyer, they come to us with the thought that banks are listing homes and then selling them for fifty cents on the dollar. I love their enthusiasm, and they always

Real Estate Market Chart by Altos Research www.altosresearch.com

 

have the story about how their friend has a buddy whose brother at work bought a $900,000 foreclosure for $250,000 and here's the best part, it didn't need anything but paint and carpet. It's hard not to LOL,(laugh out loud).

What they fail to realize on those "deals" is the fact that it was NEVER a $900,000 house, in fact it was only $900,000 because it was sold with the intent of getting some cash back on the deal and that was in 2006 or 2007, when it's real value was $650,000. Here we are 2…

Metro Detroit Real Time Market Update

Thursday, May 7th, 2009 at 2:03pm. 172 Views, 1 Comments.

Announcing Real-Time Real Estate Data In Metro Detroit

What is the Metro Detroit real estate market is doing right now? Keeping up to date with market conditions is more important now than ever before. The market is changing daily. I want you to be able to get the information you need to make a logical decision on whats best for you and your family. When you think of real estate I want you to think of The MARK Z. Home Selling Team and I want you to know NOBODY is more passionate about real estate than me! Which city would you like more information on? Detailed Metro Detroit Market Updates are just a click away!

 Real Estate Market Chart by Altos Research www.altosresearch.com  Real Estate Market Chart by Altos Research www.altosresearch.com
 

Real Estate Market Chart by Altos Research www.altosresearch.com

Real Estate Market Chart by Altos Research www.altosresearch.com

If you go to my website you can view real time market charts by city for price, inventory, average days on market, new…

WELCOME THE NEW STATE OF THE ART MARK Z. HOME SELLING TEAM WEBSITE

Friday, May 1st, 2009 at 12:32pm. 181 Views, 4 Comments.

new_mark_z_real_estate_websiteMy name is MARK Z. and for those of you who don't know me, I am the rainmaker on The MARK Z. Home Selling Team. This website has been work in progress for almost year now. I would challenge you to find a website that will offer you as many features and search options as this website. In fact if you can think of something that would make your life easier when searching for a home, please by all means let me know.

Here is just a taste of some the cutting edge technology:

  • Streetview--Google Street View is a feature of Google Maps and Google Earth that provides for many streets in the world 360° horizontal and 290° vertical panoramic views.
  • Birds Eye View--Bird's Eye View is a high-resolution aerial image of a location
  • Driving Directions--Once you find…

Who Do You Know That Could Use A $8,000 Tax Credit?

Wednesday, February 18th, 2009 at 8:46pm. 126 Views, 0 Comments.

$8,000 Tax Credit that doesn't have to be paid back!

  • Who is eligible to claim the tax credit?
    First-time home buyers purchasing any kind of home—new or resale—are eligible for the tax credit. To qualify for the tax credit, a home purchase must occur on or after January 1, 2009 and before December 1, 2009. For the purposes of the tax credit, the purchase date is the date when closing occurs and the title to the property transfers to the home owner.

  • What is the definition of a first-time home buyer?
    The law defines "first-time home buyer" as a buyer who has not owned a principal residence during the three-year period prior to the purchase. For married taxpayers, the law tests the homeownership history of both the home…
  • 5,000 SF West Bloomfield Home Priced Like A Foreclosure

    Wednesday, February 18th, 2009 at 2:40pm. 164 Views, 0 Comments.

    6869 MAPLE CREEK--ASKING $500,000

    west-bloomfield-home-for-saleYES over 5,000 Square Feet and located in the Popular Maple Creek Subdivision, this is one of the biggest homes in the neighborhood. Unlike most foreclosures this home is in move in condition with nothing to do but pick out furniture for each of the Here is a chance to be the envy of all your friends. The sellers are motivated and want this home SOLD! They priced it to compete with all the foreclosures on the market. We are not going to put the house on for another week. Sellers will look at offers before it's listed for the world to see, so call me to get your offer in before it turns into a multiple offer situation.

    Specs:
    Bedrooms: 4
    Bathrooms: 3 1/2
    Square Footage: 5,054
    Year Built: 1999
    Property Taxes:

    Why I Left Coldwell Banker & Chose Keller Williams...

    Friday, February 6th, 2009 at 1:47pm. 524 Views, 9 Comments.

    There isn't a week that goes by that a real estate agent or a past client doesn't call me and ask how I like Keller Williams or why I left Coldwell Banker after spending my entire career with them. Most Realtors call me and wonder why, after finishing 2008 with 102 transaction sides, why would I keller-williams-northville-realtyleave?

    I'm going to be perfectly honest. I am a salesman, and it's my job to be an expert at marketing for my clients, right? How can you honestly say you're an expert at marketing your clients properties if you can't even market yourself? So a couple years ago I decided to create the MARK Z. brand.

    It was the most successful marketing strategy I have ever created. My clients all love the signs because you can't help but notice the real estate signs. This…

    Mortgage Rates Move Higher After January's Record Lows

    Wednesday, February 4th, 2009 at 2:31pm. 72 Views, 1 Comments.

    January saw the lowest rates in 30 years.  The rate held at 4.875% for nearly two weeks on the heels of  the Federal Reserve’s purchase of $87 billion of their proposed $500 billion in mortgage backed securities  Rates have moved back above 5.0% to 5.375%, but should move back down in the coming weeks.

    Rates as of 02/04/2009

                         Conventional Rate                Jumbo Rates                   FHA            MSHDA

    30yr Fixed                   5..375%                             N/A                       5.625%          6.75%

    5/1 ARM                     5.75%                             5.75%                  N/A                N/A

    7/1ARM                      6.00%                             6.00%                 …

    Mortgage rates up after new Fannie and Freddie Pricing models

    Saturday, January 24th, 2009 at 2:39pm. 81 Views, 0 Comments.

    On January 13th, Fannie Mae and Freddie Mac came out with even higher increases to the fees borrowers pay based on their credit scores.  Se my 1/24.09 blog for details.  The result will be higher rates and more fees to borrower's with lower credit scores.  Below are rates for a credit score of 720 or higher.

    Rates as of 01/24/2009

                         Conventional Rate                Jumbo Rates                   FHA            MSHDA

    30yr Fixed                   5..375%                             N/A                       5.25%          6.75%

    5/1 ARM                     5.625%                             5.625%                  N/A                N/A

    7/1ARM                      5.875%                             5.875%                 …

    Be Cautious When You Get a Rate Quote - Very Cautious

    Saturday, January 24th, 2009 at 2:23pm. 90 Views, 0 Comments.

    JUST LISTED $79,900 FORECLOSURE IN BLOOMFIELD

    Friday, January 16th, 2009 at 12:59pm. 968 Views, 5 Comments.

    JUST LISTED! $79,900 IN BLOOMFIELD 

    6915 Cedarbrook, Bloomfield Township, MI 48301

    Bloomfield Township Bank Foreclosure HouseI can't believe the bank gave me authority to list this foreclosure for $79,900. THATS $34/SQ FT including the lot. UNBELIEVABLE!! I just put this on the market today. The SEV IS $137,080 WHICH MEANS CITY VALUE OF $274,000. It has 4 bedrooms with 2 1/2 baths and over 2,300 square feet. This is a great opportunity to get into a house and do the work yourself for a great investment.  The house obviously needs some work, but for this price and the square footage, even if you put $50,000 into the house you will still be way under value.  Call me to get a private showing at 248-937-1337. This may end up being one of the best deals in 2009!

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