Categories for Michigan

What Credit Score Do You Really Need To Buy a Home?

According to Fannie Mae, 90% of buyers don’t actually know what credit score lenders are looking for, or they overestimate the minimum needed. Let that sink in. That means most homebuyers think they need better credit than they actually do – and maybe you’re one of them. And that could make you think buying a home ...

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Should You Put Your Home in a Trust? Here’s How It Works

When planning for the future, many homeowners consider putting their home in a trust—but what does that actually mean, and how does it work? A trust is a legal arrangement that allows a third party (called a trustee) to manage your assets for the benefit of your chosen beneficiaries. When ...

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Today’s Tale of Two Housing Markets

Depending on where you live, the housing market could feel red-hot or strangely quiet right now. The truth is, local markets are starting to move in different directions. In some places, buyers are calling the shots. In others, sellers still hold the power. It’s a tale of two markets. What’s ...

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This U.S. Lake Looks Like It Belongs in the Caribbean—and It’s Driving Up the Price of Waterfront Properties

Realtor.com/Getty Images Known for its surreal turquoise water and postcard-worthy sandbars, Torch Lake has earned the nickname “Caribbean of the North.” Stretching 19 miles and plunging nearly 300 feet deep, it’s Michigan’s longest inland lake—and one of its most coveted. “Torch Lake is famous for that unreal Caribbean-turquoise water, a massive ...

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