Tuesday, September 4, 2007

9010 Winston in Redford, MI - Short Sale


Outside of 9010 Winston in Redford, MI


Inside of 9010 Winston in Redford, MI


Basement of 9010 Winston in Redford, MI


Bedrooms: 3
Bathrooms: 1
School District: South Redford
Kitchen: Recently remodeled, needs cleanup.
Carpet and Paint: Needs carpet or finish hardwood floors. Needs fresh Paint
Other: This is a short sale opportunity. We had a previous offer that was rejected by the bank. The lowest they countered was $85K - thus the asking price is $85K. As always we will present all offers.

Click Here for a Comparable Market Analysis showing recently sold properties in the area.


Estimated After Repair Value $111,139
(This is a conservative estimate using the lowest price per square foot of the comps used)
Asking Price $85,000
Current Spread $26,139





Please consider the following factors when evaluating this property:
• This is a short sale opportunity. We had a previous offer that was rejected by the bank. The lowest they countered was $85K - thus the asking price is $85K. As always we will present all offers.
• The property is not occupied. It was rented out, but the renters left several months ago.
• They left the house very messy. It needs clean up, new paint and carpet. New windows would also be a good idea.
• Both the kitchen and main bathroom were recently remodeled. With clean up, they can look nice again.

Monday, July 2, 2007

15075 Garfield in Redford, MI


Outside of 15075 Garfield in Redford, MI


Inside of 15075 Garfield in Redford, MI


Basement of 15075 Garfield in Redford, MI


Bedrooms: 3
Bathrooms: 1
School District: Redford Union
Kitchen: Older Kitchen with Ceramic countertop
Carpet and Paint: Carpet or finish hardwood floors. Needs fresh Paint
Other: There was water in the basement at one time.

Click Here for a Comparable Market Analysis showing recently sold properties in the area.


Estimated After Repair Value $126,472
(This is a conservative estimate using the lowest price per square foot of the comps used)
Asking Price $79,900
Current Spread $46,572




Please consider the following factors when evaluating this property:

The house is in a nice sub near a private golf course (Yes, there is a private golf course in Redford!) It needs everything cosmetic. It had quite an odor, possibly cat pee.

19427 Norborne in Redford, MI


Outside of 19427 Norborne in Redford, MI


Inside of 19427 Norborne in Redford, MI


Bedrooms: 3
Bathrooms: 1
School District: Redford Union
Kitchen: Newly remodeled! Oak Cabinets, Tile floor, beveled countertop.
Bathroom: Original bathroom, in good shape
Carpet and Paint: Carpet or finish hardwood floors. Needs fresh Paint
Other: Don’t let the ugly exterior fool you. Looks great inside!

Click Here for a Comparable Market Analysis showing recently sold properties in the area.


Estimated After Repair Value $108,481
(This is a conservative estimate using the lowest price per square foot of the comps used)
Asking Price $74,900
Current Spread $33,581


Please consider the following factors when evaluating this property:

The exterior is ugly. The interior is great! Newly remodeled kitchen. Newer vinyl windows. Newer furnace plus newer 80 gallon hot water heater. 200 Amp circuit breaker. Drawback: Front of house faces Aldi parking lot.

Sunday, June 24, 2007

1607 Winifred in Westland, MI


Outside of 1607 Winifred in Westland, MI


Inside of 1607 Winifred in Westland, MI

This house was featured on the June 22, 2007 Foreclosure Bus Tour hosted by www.MIForeclosureQueen.com (Added Value Realty, LLC). For info on upcoming Bus Tours go to www.MIForeclosureQueen.com.
This house is a 3 Bedroom, 1 Bathroom house in the Wayne/Westland school district. The house needs some work. The kitchen and bathroom have some minor updates but complete renovation of these rooms might be something to consider. The house has hardwood floors that need some refinishing or carpet. Needs fresh paint.

Click Here for a Comparable Market Analysis showing recently sold properties in the area.

Comps at about $122,911 – After Repair Value (ARV)
(This is a conservative estimate using the lowest price per square foot of the comps used)

Listed currently at $96,300

Current spread at $26,611

Thursday, June 21, 2007

30779 Bennington St. in Westland, MI


Outside of 30779 Bennington St. in Westland, MI


Inside of 30779 Bennington St. in Westland, MI

This house is a 3 Bedroom, 1 Bathroom house in the Wayne/Westland school district. The house needs some work. The kitchen and bathroom have some updates. The house has hardwood floors that need refinishing or carpeting. Needs fresh paint.

Click Here for a Comparable Market Analysis showing recently sold properties in the area.

Comps at about $113,021 – After Repair Value (ARV)
(This is a conservative estimate using the lowest price per square foot of the comps used)

Listed currently at $86,900

Current spread at $26,121

Please consider the following factors when evaluating this property:

This house both a carport and a two car garage.

Wednesday, June 13, 2007

17666 Norborne in Redford, MI


Outside of 32711 17666 Norborne in Redford, MI
Currently Pending



Inside of 17666 Norborne in Redford, MI


Upstairs of 17666 Norborne in Redford, MI

This house is a 3 Bedroom, 1.5 Bathroom house in the Redford Union school district. The house needs paint and carpet or you could finish the hard wood floors. The bathrooms are in decent shape but may need some updating. The kitchen newer cabinets but may need a new floor and/or countertops. The windows are half original and half newer vinyl. The basement is partially finished.

Click Here for a Comparable Market Analysis showing recently sold properties in the area.

Comps at about $110,565 – After Repair Value (ARV)
(This is a conservative estimate using the lowest price per square foot of the comps used)
Listed currently at $79,900
Current spread at $30,665

Please consider the following factors when evaluating this property:

This listing is new so the bank may not want to negotiate right away.

Tuesday, June 12, 2007

32711 Balmoral Knls in Farmington, MI


Outside of 32711 Balmoral Knls in Farmington, MI
Currently Pending



Inside of Balmoral Knls in Farmington, MI


This house is a 3 Bedroom, 2 Bathroom house in the Farmington school district. The house needs some paint. The hard wood floors are in look nice. The fireplace can be seen from both the living room and dining room. The bathrooms are in good shape but could use some cleanup and maybe accessories. The kitchen has oak cabinets but may need a new floor and/or countertops. This house has a nice bank of windows to the private back yard. The basement has a nicely finished cedar closet.

Click Here for a Comparable Market Analysis showing recently sold properties in the area.

Comps at about $193,000 – After Repair Value (ARV)
(This is a conservative estimate using the lowest price per square foot of the comps used)

Listed currently at $158,900

Current spread at $34,100

Please consider the following factors when evaluating this property:

This house was difficult to comp. There were not many similar homes sold in the area recently. This is in the Farmington School district.