Real Estate Market is Sizzling in Saugatuck!

There is a hot market in the Saugatuck area in foreclosures and short sales. And the owners of properties are pricing their homes TO SELL! Last week I presented four offers for my buyer clients and three of them were in multiple offer situations! My clients offers were the ones that were accepted in all three instances.

Cash is King! Because it is hard to get the banks to perform in anything like a timely fashion and appraisals are an issue, in a multiple offer situation, the smart sellers will often take a lower cash offer that will close in two weeks instead of struggling through the financing with a higher buyer for two months with the possibility that the price will be struck down in the appraisal process anyway.

Just to give you a little taste of what has been available in the foreclosure market -

Home listed for sale in Fennville, Mi - about seven miles from Saugatuck for $10,000! Listed only one week and then under contract.

Drop dead gorgeous four year old Home on 2.5 square acres of beautiful trees located between Saugatuck and South Haven for $155,000 with fireplace, corian, recessed and lighted master bedroom ceiling, buried LP tank, decks, walkout, finished lower level, large 2 car garage, etc. This was also under contract in less than a week.

Home within walking distance of public access to Lake Michigan between Holland and Saugatuck with see through fireplace between the kitchen and living area, over one acre of trees, trees, trees with finished lower level at $104,900. This one took about a month and then it was gone too.

Home just east of Saugatuck on 16 tree filled acres listed in the low $40s. This was gone in less than a week.

The good deals don't stay around very long.

NOW IS THE TIME! Get yourself a good realtor and get your finances in order and be ready to pounce. I send my clients all new listings on the day they hit the MLS so they are ready when their dream home is available. Call Dee Dee Hanson, CB Woodland Schmidt, at 616-836-8535 or email me at deehans@ameritech.net. Be sure to check out my website - www.mysaugatuck.com where you can search all the homes yourself and read all my blogs.