Chelsea Michigan Home Buying

Great time to consider buying a Dexter Michigan home

I was out doing what buyer agent's do yesterday, showing homes and helping buyers critically evaluate the homes and their value.

I was through a couple homes in Dexter Michigan that had their asking prices reduced this week on January 3rd. And with the reductions two of them represent very good values and quality of living. (The third represents too much compromise in today's market, even though it it priced about 22% less than it would have been two or three years ago.

The drawback to these homes that you might miss as a buyer is the level of taxes in the village of Dexter.

On a $250,000 home the taxes could easily be $500 a month when you move in. That is a lot of money, particularly when you can buy a similar home in the townships on a larger lot and pay closer to $380 a month in taxes.

One other interesting thing I noticed. One of the homes was 7 years old and was already showing signs of "rust-jacking" on the front of the home. If this is not addressed it will do significant damage in the next couple years, and it just made it very obvious to me that the original purchaser didn't use a decent buyer's agent. Because a buyer's agent would have made sure the builder fixed it before the buyer went to closing!

(Note: If you are working with a real estate agent who doesn't know what rust-jacking is, you are probably not getting what you are paying for. Call our office if you want to speak to a real buyer's agent. 734-662-6240)

Labels: Dexter Michigan home buying

posted by Jon Boyd @ 9:53 AM