Category: News
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The Septic Question – Emmet County Report
The Septic Question Project Report completed by the Tip of the Mitt Watershed Council and funded by the Joyce Foundation sought to examine septic system policies for decision makers involved with our watersheds. The problem: On-site septic systems are not inspected after installation. The discussion and potential answers can be found here: The Septic Question…
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A Decade of Transactions
Coldwell Banker Fairbairn Realty has seen over a decade of real estate transactions. This company started up right as the housing bubble popped causing a wide spread financial crisis felt by all. In 2008, Emmet County had 444 residential real estate transactions close (according to the Northern Michigan MLS statistics). The average price of a…
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Current Market Analysis Summer 2019
According to the National Association of Realtors chief economist Lawrence Yun; “annual home sales have been moving sideways in recent years”. His article: “A Mixed Economic Picture Ahead” discusses how home sales are lagging. Yun says that nationally there were 5.4 million home sales in 2016, 5.5 million in 2017,…
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What is a “VA” loan?
Just because you may not have to pay a down payment or mortgage insurance, that doesn’t mean that there won’t be costs to you to get a VA loan. For example, lenders can charge you a 1% flat fee or a “loan origination fee”.