Listing Details: Harrison Township, St. Clair and Macomb, Michigan Real Estate Listings & Homes For Sale Provided by Holly Peters

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Sold - HUD condo on Bayview Drive

$28,000 Great Location

Photo of 33722 Bayview Drive, Chesterfield, MI, 48047.

Front View : exterior

Address: 33722 Bayview Drive	City/ST: Chesterfield, MI	Zip Code: 48047
Location: Chesterfield	Property Type: Condo	New or Resale: Resale
Square Footage: 840	Bedrooms: 2	Bathrooms: 1 full, 1 half
MLS# 30742510

HUD home. Sold 'AS IS' by Elec Bid only. For Prop. conditions, Forms, Discl, Avail & Owner Occupant Incentives see Website in Agent Remarks*. FHA Case #261-912784. Uninsured. Bids due by 10-20-09 11:59 PM or daily until sold. MCB makes no warranty as to current or future existence of mold in this property and is not liable for the potentially harmful effects thereof. HOA fees are $130 per month. Price reduced.

Last Updated: 3/14/2010 10:57:51 AM

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Making An Offer >Good Faith Deposits

After many months of searching, you have found your ideal house. You are a little older and a little wiser now, so you want to give the impression that you are serious without appearing to be too eager. What should you do? In the marketplace, "money talks."

There is no absolute rule about how much "good-faith" deposit you should put down--but it is a tool to make your point with the seller. The typical $1,000 will hold many homes for you, except in larger-home markets where it may be critical for you to show that you are an especially serious and able buyer. You don't want to make a deposit that is too large in case there is a problem getting your money back, but if your offer is substantially below the asking price, a larger deposit--$5,000 or $10,000--might influence the seller. If you make a low deposit with your offer, be sure to provide for an increased deposit when the offer is accepted or upon removal of the contingencies.

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Q	During what great land boom (1919) did investors pay up to $25,000 for lots that had not yet been dredged up from the ocean?
A	The Florida Land Boom--Carl Fisher founded Miami Beach that year and brought hundreds of investors to the state.
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Holly Peters, REALTOR�, real estate agent and broker for Harrison Township, St. Clair and Macomb, Michigan home listings, property and land for sale - NUMBER1EXPERT

Holly Peters
RE/MAX Advisors
34350 23 Mile Rd.
Chesterfield, MI 48047
Holly's Cell : 810-300-4015
Office: 586-725-1900
Fax: 586-725-0333
REOactionhomes@gmail.com
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