Plymouth, MI

Many people love the idea of investing in real estate but are not sure which way to go with their investments. When it comes to real estate you can go from one extreme to the other, having real estate holdings that are liquid like stocks, bonds and other stock market offerings to literal property purchases that are much more permanent.

Property

The first way many people think of investing in real estate is to purchase a piece of land or a home that becomes an investment property.

While property values can fluctuate over the years, the truth is there is only so much property on the planet. With the population always growing, that means over time property will always have great value.

The only problem with purchasing property is the amount of paperwork and money that is involved. In order to be a property owner you have to finance the purchase and sign dozens of pages of paperwork to take ownership. While this is all well and good, if you every needed the money that you had put into the property it may be very hard to get a hold of as you will have to be able to sell the property at the price you want to get that money back. That may not happen in a tight market, not to mention the time involved to do it.

Real Estate Mutual Funds

Real estate mutual funds are mutual funds that are focused on the real estate market. That means inside the fund could be anything from holdings in real estate management companies, financial services or even manufacturing interests.

The nice thing about real estate mutual funds is that you can own a stake in the real estate market without being tied down. If you need your money you can sell your shares and pull it out of the fund.

REITs

REITs are real estate investment trusts. These are financial investment funds that were brought into existence by legislation in the 1960s. Essentially these are glorified real estate mutual funds that have a little more stringent rules.

Inside a REIT fund can be anything from real estate property interests to real estate management groups, financial service companies or manufacturing interests.

There are a couple unique rules relating to REITs. The most important one to investors is the way profits work. 90% of the profits from the REIT must be returned to the shareholders. That means you can expect nice dividend checks. If you are smart you will put them back into the fund and enjoy watching it grow even more.

When you are ready to put your money into a real estate venture, make sure to do your research first. Using a site like REITBuyer.com will allow you to do all the research you need as well as purchase the REITs and real estate mutual funds you want in your portfolio. They are the first and only online brokerage that specializes in real estate mutual funds and REITs.

REITbuyer.com, a site dedicated to educating Real Estate Investors on how to invest in Real Estate Mutual Funds to diversify their investing portfolio. Learn more at http://www.reitbuyer.com

Huntington Park Subdivision

Selling your Plymouth MI home or are you looking to buy Plymouth real estate. Huntington Park subdivision is in Plymouth in Wayne County MI.

Some Plymouth home buyers are from out of state and making a sound decision on this Michigan relocation is important to them. Michigan Home buyers want to know what Plymouth MI Subdivision is best for them. What Plymouth home style best fits their families needs. I hope this information below gives you an idea of what Plymouth homes for sale are selling for and have sold for.

Plymouth homes for Sale

Huntington Park subdivision
Huntington Park has approximately 166 homes in it. The homes were built during the years of 1998 - 2006.
The homes are mostly Colonial and Cape Cod style homes. Most of the homes have brick exteriors & brick/vinyl & brick/wood exteriors, 3 + car garages, 3-4 bedrooms, 2.5 + bathrooms, basements (some walkout, some daylight, some regular basements).

Square footage of the homes range from 2600 - 3800 square ft.

All of the above information is general information. We do not guarantee the information. This is to give a guide to the subdivision.

The school district is Plymouth Canton Schools

The location of the subdivision is between Powell and North Territorial Rd and between Ridge and Napier.

The streets that are in the Huntington Park subdivision are:

Medford Ct
Currin Ct
Weston Dr
Landers Dr
Landers Ct
Chandler Dr
E Hills Dr
W Hills Dr

Whether you have a Michigan Relocation in your future or just moving in state Plymouth and Plymouth Twp MI are good places to live. If you need more information feel free to give me a call or email me with any questions. My cell is (313) 310-9855 or email is YesMyRealtor@gmail.com

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Russ Ravary your local Plymouth real estate specialist

Comp and listing information courtesy of Realcomp Ltd II. Listing shown above have been sold by various member Realtors.

If you are thinking of making Plymouth MI or Plymouth Townshipyour home you should check out my indepth Plymouth subdivisions information or my Plymouth MI subdivision real estate updates. This will give you a general idea of what the subdivisions are like and the Plymouth home styles.

Mayflower Village Subdivision homes for sale currently as of 2/20/2009
Average time on the market 11 days

Mayflower Village Subdivision homes that have sold in the last 6 months
Average time to sell these homes 129 days
Average sold price $194,500

For more Plymouth real estate MI check out my websites Metro Detroit real estate information

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Plymouth Subdivisions Woodlore South

Woodlore South is one of Plymouth Twp's newer subdivision being built between 1998 and 2000. The location of the subdivision is between Joy and Ann Arbor Rd and between Beck and Canton Center. The subdivision is located east off Beck Rd and just South of Ann Arbor Rd.

Woodlore South subdivision
Woodlore has approximately 116 homes in it. The homes are mostly Colonial and Cape Cod style homes. Most of the homes have brick exteriors & brick/wood exteriors, 3 car garages, 4-5 bedrooms, 3.5 + bathrooms, basements.
Square footage of the homes range from 2700 - 4100 square ft.

All of the above information is general information. We do not guarantee the information. This is to give a guide to the subdivision.

The school district is Plymouth Canton Schools.

The streets that are in the Woodlore South subdivision are:

Woodlore South Dr
Marisa Ct
Timberwood Dr
Mapletree Dr
Beechcrest Ct
Ivanhoe Dr
Stonecrest Dr
Corey Ct
Tania Ct

Woodlore South Subdivision homes for sale as of 3/6/2009
Average time on the market 160 days
Average list price $442,250

Woodlore South Subdivision homes that have sold in the last 6 months
Average time on the market to sell 28 days
Average sold price $362,500

If are relocating to Michigan or just thinking of moving to Plymouth MI or Plymouth Township. You can join my VIP Plymouth real estate search to get the latest Plymouth MI foreclosures emailed to you as soon as they hit the market.

Russ Ravary your Plymouth MI realtor

One of the biggest real estate myths is "there is a perfect house out there for you".

Let's set the record straight there is no perfect house. Sure the house may be in the right location, have the beautiful kitchen you want but the rest of the house may need work. Or the house may be in the school system you want, have the right layout, but not have the right "wow" factor for you.

Every house will have at least one issue that isn't right for you. Whether you are a first time home buyer or seasoned home buyer you want that perfect house. What I tell people "close" or 4 out of 5 wants is good. No house is perfect.

To illustrate my point I have an older couple I have been showing houses to in Plymouth now and then over the last three months. We were close once but their kids came over and looked at the house and shot it down. That was fine, the house required too much work in the kids view. Which I could agree with.

Last week we found another 50 year old Plymouth house. It is relatively good shape. Roof is only 12 years old, breaker electrical box, copper plumbing, and decent looking kitchen. Probably was updated 20 years ago. They called the kids in again. Now these kids are good at finding potential problems. I would hire them as inspectors myself. They point out things I don't notice and I notice quite a few things.

They found a few water spots on the ceiling in a front bedroom. The two different sets of kids were talking. So how's the house over all the mother asked. The one brother said I'm worried about the water spots. But the other brother said the magic words. The house is in good shape. The house is over 50 years old and NO HOUSE IS PERFECT. YOU WON'T FIND ONE THAT IS. YOU CAN LOOK FOREVER AND YOU WILL NEVER FIND ONE THAT IS MOM.

He was right. He wasn't discounting the water spots. He wants them checked out and fixed if necessary. But he wasn't will to throw out the house choice because it had a few issues.

I have another couple that have looked on and off for a year in Northville. Now they are looking for a perfect house. We are having talks every time we go out about there is no perfect house. At first they wanted a nice updated house, with certain colored cabinets, with hardwood floors, with good feng shui, with bedrooms facing south, not on a corner, in a certain price range, a good deal, and on and on.

Unfortunately they have passed up on some tremendous bargains and some beautiful homes. They have actually lost out on homes that sold in a week because they were totally updated and under priced. A shame. One was turned down because the bedrooms didn't face the right way. They still would like to have some of the items, but I think they finally get it. I think they are going to make an offer on a LESS THAN PERFECT HOME.

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Russ Ravary your Metro Detroit realtor