November 2017 Lansing Real Estate Report

Welcome to the November 2017 edition of the Lansing Real Estate Report! Below you’ll find what happened last month in the school district of your choice.

Whether you’re looking to buy, sell, or know someone who may – I’m here to provide an #unreal experience. Contact me today!

School District Sold Cash Sales Listed
Okemos 35 4 19
Haslett 22 5 13
Mason 25 3 17
Holt 37 10 32
East Lansing 33 10 33
DeWitt 22 1 29
Grand Ledge 34 12 33
Williamston 14 7 10
Lansing 137 43 128
You or someone you know looking to buy or sell?

Sell My House | Buy a Home | Contact Me | Newsletter

October 2017 Lansing Real Estate Report

Welcome to the October 2017 edition of the Lansing Real Estate Report! Below you’ll find what happened last month in the school district of your choice. Overall, the Lansing association of Realtors saw a 12% increase in sold units, and a 58% increase in sold listings volume as compared to the same month last year.

Whether you’re looking to buy, sell, or know someone who may – I’m here to provide an #unreal experience. Contact me today!

School District Sold Listed
Okemos 29 42
Haslett 22 29
Mason 31 23
Holt 46 51
East Lansing 35 36
DeWitt 15 18
Grand Ledge 59 49
Williamston 17 22
Lansing 152 199
You or someone you know looking to buy or sell?

Sell My House | Buy a Home | Contact Me | Newsletter

The humming garbage disposal

Ever flip the switch to your garbage disposal and just have it hum at you? Fortunately there’s a relatively easy fix… just insert a hex wrench (often one will even be taped to the disposal) into the hole on the bottom of the disposal (see picture). Turn the wrench a few times to free up the blades and you should be back in business!

You or someone you know looking to buy or sell?

Sell My House | Buy a Home | Contact Me | Newsletter

The Reluctant Investor’s Lament

I heard the poem entitled The Reluctant Investor’s Lament by Don Weill today on the Jason Hartman real estate podcast and found it both interesting and exciting as I have been getting stated in real estate investing and helping other investors. Hope you enjoy it too…

“I hesitate to make a list of all the countless deals I’ve missed;
Bonanzas that were in my grip – I watched them through my fingers slip;
The windfalls which I should have bought were lost because I overthought;
I though of this, I thought of that, I could have sworn I smelled a rat,
And while I thought things over twice, another grabbed them at the price.
It seems I always hesitate, then make my mind up much too late.
A very cautious man am I, and that is why I never buy.

When banks rose high on Shirley and Bay, the prices asked I felt dismay;
Whole blockfronts – bleak and black with soot – were priced at thirty bucks a foot!
I wouldn’t even make a bid, but others did – yes others did!
When Treasure Cay was deserted land, I would have had a heap of sand;
When Cable Beach was the place to buy, I thought the West was much too dry;
Invest in Winton – thats the spot, my sixth sense warned me I should not.
A very prudent man am I and that is why I never buy.

How Nassau and how Freeport grew! Abaco and Harbour Island too!
When others culled those sprawling fields, and with open arms did welcome deals –
A corner here, ten acres there, compounding values year by year,
I chose to think and as I thought, they bought the deals I should have bought.
The golden chances I had then, were lost and will not come again.
Today I cannot be enticed, for everything’s so overpriced!
The deals of yesteryear are dead, the market’s soft and so’s my head.

Last night I had a fearful dream, I know I wakened with a scream;
Harold Christie approached my bed, and with a smile he softly said –
For what seemed like an enormous sum, A private city could be done.
I said it was but swamp and bush, and in this deal I would not rush.
E.P. Taylor he then searched out, and Lyford Cay did come about.

At times a teardrop drowns my eye, For deals I had but did not buy.
And now life’s saddest words I pen – “If only I’d invested then!”

Ref:
http://www.liquidlatitudes.com/The%20Word/Investors%20Lament.htm

The Reluctant Investor’s Lament.

You or someone you know looking to buy or sell?

Sell My House | Buy a Home | Contact Me | Newsletter

This Month in Real Estate – 2016-09

You or someone you know looking to buy or sell?

Sell My House | Buy a Home | Contact Me | Newsletter

This Month in Real Estate – 2016-08

You or someone you know looking to buy or sell?

Sell My House | Buy a Home | Contact Me | Newsletter

Let’s Talk Poo

Poo? Yes, number 2. You see I’ve been reading up on septic systems for a client interested in buying some unimproved land and thought it best to write up what I’ve learned so we can all benefit.

The first thing to find out when buying land that doesn’t have a sewer hook up, is can I put a septic system in? To determine the answer to that question we would write up the purchase contract contingent on a site evaluation (aka perk test). The site evaluation runs about $300-$800 and would tell you if you can install a conventional system or if an alternative system (aka: engineered or mounded system) would be necessary. It will also tell you where you can have the system installed.

Should a conventional system be sufficient you will be looking at about $3,000-$15,000 for the installation. Also, the installation will be completely below ground. Figure on inspections every three years at a cost of about $200-$600 and periodic pumping of the tank at $200-$400.

On the other hand, if the ground water or bedrock are too high you will likely need to have an engineered (aka: mounded) system installed. Here you’re looking at $15,000 to $30,000 for installation and the system will cause a bulge or “mound” in the land. In addition, there is more maintenance and upkeep with a mounded system so make sure to factor in another $500-$1000/year for that.

As you can see the costs fluctuate widely and that’s a great reason to get multiple quotes. Just make sure when you make your selection that you don’t just pick the cheapest option or you may find yourself in deep do-do (quite literally).

Sources:

You or someone you know looking to buy or sell?

Sell My House | Buy a Home | Contact Me | Newsletter

This Month in Real Estate – 2016-07

You or someone you know looking to buy or sell?

Sell My House | Buy a Home | Contact Me | Newsletter

This Month in Real Estate – 2016-06

You or someone you know looking to buy or sell?

Sell My House | Buy a Home | Contact Me | Newsletter

Water Heater Mainteance

Consider hiring a plumbing company to do annual service on all of your water systems, including your hot water heater. Generally the things a certified plumber will do to maintain your water heater will include:

  • Cleaning out your dirty burner chamber because it can cause a fire and can make burning less efficient
  • Flushing your tank to rid it of any sediment that may have collected at the bottom and is impeding heating efficiency
  • Testing the thermostat and pressure release valves to make sure they are operating correctly
You or someone you know looking to buy or sell?

Sell My House | Buy a Home | Contact Me | Newsletter