RECENT BLOG POSTS
As a 40 year old REALTOR with 20 years under my belt I think I am pretty tech savvy.  As I was going through high school and college I learned to use a computer and over the years I have become pretty efficient.  Each day it seems there is anew and better way to stay in touch. ActiveRain for exam...
05/18/2009
On May 14th President Obama announced a new uniform Process for Short Sales under it's new Foreclosure Alternatives Program (FAP).  What is short sale?  A real estate short sale is a form of agreement between the seller of a home in the beginning stages of foreclosure and their lender, allowing t...
05/18/2009
It seems that every time you turn on the news you hear about the how bad the housing market is and if you are not in the business I would assume it could scare the pans off you.  I would like to give you a first hand look at what's hot and what's not. Let's start off with "What's Hot".  All entry...
05/18/2009
How the Difficulty of Getting Jumbo Loans May Hurt Home Sales in the Traverse City Area Despite my many years in the business I was really not aware of the significance of how specific types of financing really affected property sales.  For example when I first started in the business in 1991 I o...
05/18/2009
Over the past 20 years I have spent thousands upon thousands of dollars on print advertising.  I used to mainly use the classified and then went to full color ads to showcase my properties.  Recently I have limited myself to online advertising and craigslist. It is easy to get lost I a sea of ads...
05/18/2009
With the ever changing real estate market I feel that it is more important tan ever to screen (interview) your REALTOR very carefully when thinking of listing your home.  In the past it may have been as simple as listing with your friend or neighbor simply because you had a relationship with them...
05/18/2009
Are you looking for a unique northern Michigan Property?  This unique home has been operated as a Bed & Breakfast  for the past 30+ years and is currently the 2nd oldest operating B& B in the state. Strong rental history. Very private and rustic setting on 600 acre Lake Dubonnet. Extremely well k...
05/18/2009
If I were to gage the local real estate market based on recent activity, then I declare that we have hit bottom.  This past month has been one of my best in 20 years and it is not just short sales and bank owned sales.  I closed on 2 new land / home packages, 2 conventional deals, 2 short sales a...
05/04/2009
While 99% of the lender out there will tell you that you need 25% down to build a new home, this just is not the case.  I work with a local lender and builder who can get you 100% financing on a newly constructed home.  Why aren't banks lending on new construction?  Simply put the companies that ...
05/04/2009
Never again will I let someone tell me that it takes weeks or even months to close a short sale.  I did it in just 20 hours.  I got a purchase agreement from a cash buyer on Wednesday at 6 p.m. and closed it the next day at 2 p.m.  That included negotiating the second mortgage.  Ok... I did a lit...
05/04/2009
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JulesYates

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This Blog contains a wealth of information about general real estate, my listings, short sales and even a few helpful tips. With over 20 years in the business I feel I can offer anyone some good advice.