Schaub Team Blog

Leelanau Homes Still Pricey as Inventory Remains Tight

Posted by Ross Boissoneau on Feb 15 , 2024 - 10:31 am

Steady and tight. Perhaps those are the bywords to describe the real estate market in 2023 in Leelanau County. Overall, the market continued to slow down from the pace of 2020 and 2021. While residential real estate sales in Leelanau County for 2023 bested those of 2022, those totals lag behind the number of homes sold at the height of the pandemic.

Understanding Michigan Property Taxes

Posted by Jamie Jewell on Jan 30 , 2024 - 09:42 am

Michigan property taxes are capped at the rate of inflation or a max of 5% of the taxable value until the property is sold and the taxable value is uncapped on the next Tax Assessment Day (Dec 31). What does this mean for new Buyers and how to plan for their tax liability.

Financing Options When Interest Rates are High

Posted by Jamie Jewell on Nov 09 , 2023 - 07:53 am

We explore two financing options to consider while interest rates are high including an assumable mortgage and mortgage buydowns.

3 Things to Do to Prepare Your Home to Sell

Posted by Jamie Jewell on Apr 18 , 2023 - 11:06 am

Selling your home can be a daunting task. Preparing your home in advance of listing is critical to expedite the sales process and may also help you maximize its value.

Leelanau Requires Point of Sale Septic Inspection - What you need to know

Posted by Jamie Jewell on Mar 23 , 2023 - 07:16 am

The code states that properties in Leelanau and Benzie Counties with onsite wells and/or onsite sewage treatment systems must be evaluated prior to the property being sold or transferred to a new owner – this includes when a parent passes a property to a child

Home Inspections: What You Need to Know

Posted by Jamie Jewell on Mar 21 , 2023 - 10:49 am

The effects of the recent real estate boom caused many agents and buyers to implement new tactics that would potentially give them a leg up with sellers. Escalation clauses, no contingencies, and waived inspections increased once intense bidding wars accelerated.

2022 Schaub Team Market Review

Posted by Jamie Jewell on Mar 01 , 2023 - 09:58 am

One of the most common questions we get is, “How is the real estate market?”. We’ve compiled some relevant real estate data for Leelanau and specifically Schaub Team in a 2022 market update.

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