Local Areas

8 Oliver, Bangor MI

Remodeled and ready for your enjoyment. The back area has completely rebuilt walls and new plumbing. New electrical throughout house. Two family living areas helps move this from a small home to a rather spacious home (1192 s.f.). Toy room up front with living in area in rear or vice versa. Closets in all bedrooms. Laminate flooring in back. Original oak flooring in front. Porcelain tile in bathrooms. New appliances to get you started on the right foot. Kitchen window allows you to keep an eye on the kids in the fenced in yard. Well kept homes in neighborhood helps secure your investment. Well insulated attic (R-45) keeps the costs down. Insulation underneath flooring in front and insulation in all exterior walls add to the warmth. Good price (check the competition) with a bit more room than most.

1101 54th St, Grand Junction MI home

BIG PRICE REDUCTION!! This home has a delightful setting. It is only 1 acre, but with the trees surrounding the property you feel like you’re way out in the country. Concrete sidewalks provide easy, safe accessibility. Nicely landscaped plants by walks. The inside has been well kept up and is ready to warmly welcome you in. The master bed and bathroom are nice sized. The LR (12×15) gives plenty of room for the family or for entertaining. The third bedroom doorway was modified to make it a den, but could easily be modified back to a bedroom (or leave it the way it is). The kitchen has oak cabinetry (upgraded at the factory) and looks very good, with ample room in kit. The back porch invites you to sit outside and enjoy the country. The garage is plenty big (24×24) giving you lots of room. Lights by the driveway and doorways help brighten the dark night. Set on block walls (not skirting). Wired at factory for AC. This home is a wonderful place. Subject to short sale.

46404 28th Ave, Bangor MI home for sale

This country home was totally rehabbed 6 years ago (per owner). A new water softener, electric, plumbing, insulation and furnace were all installed at that time. Very clean, welcoming sense. Though modest sized, it is bigger on the inside than it looks. Plenty of room in the kitchen for all the baking needs. Dining area provides lots of room and living room is nicely sized. The basement is almost a full basement. One area is a crawl space (concrete floor). The 3.5 acres provide lots of room for the kids, garden or horse. The pole barn is quite large (2200 s.f.). It needs a bit of work in one area, but is in good shape. The floor is completely concreted. it has a double door and easily used as a garage. Out in the country but not too far from M43 for easy access to K’zoo or the beach.

70013 16th Ave, South Haven Michigan Home SOLD

Owner wants an offer!! Make an offer and the owner will work with bank, needs to sell ASAP!!

Here is a great 3 bedroom, 1 1/2 bath ranch priced to sell. This home with acreage has had some recent updates and is just minutes from South Haven. Breezeway between house and garage. A must see. Seller will look at all offers. Square footage, room dimensions and site dimensions are approximate.

Call or email today to schedule a viewing:

Tom Frame - (269) 580-2259 or tframe {at} kalvan.com

5085 103rd Ave, Grand Junction Michigan Home SOLD

This home sits on a 1.13 acre lot that overlooks beautiful Osterhaut Lake. The Custom Built home is brand new and has never been lived in. The kitchen and living room have 17 ft. vaulted ceilings. The kitchen is furnished with wood flooring and Maple cabinets, along with formica countertops and Moen faucets.

The living room has a woodburning fireplace with a custom built oak mantle. Off of the front of the home is a large wooden deck to relax on. This well built custom home comes complete with Copper water lines, 200 amp electrical service, 90% gas furnace, recessed lighting, ceiling fans and much more.

Contact Tom for more info, and to see this property!
(269) 580-2259 or email at tframe {at} kalvan.com

18140 55th Street, Grand Junction Michigan Home

Very nice mobile on a country road. The lot is partially wooded. Many perennials have been planted (black-eyed Susans, hostas, etc). Summer flower pictures are very pretty. Decks in front and back enhance your summer enjoyment.

The house is in great shape. Clean and very comfortable. The fireplace is a woodburner, so you can enjoy the coziness as well as save on fuel costs. Natural gas avoids the propane issues. New windows improve the energy efficiency. Trim work needs to be finished. The kitchen is very welcoming and has an area for eating. Master bedroom is fairly large with its own bathroom.

There is an area for the washer and dryer so you don’t need to go out to the laundromat. The backyard is fenced which helps with child safety. Two small ponds add to the enjoyment, as you sit on either deck and enjoy the country. 20 x 40 barn gives you plenty of room for the car, boats, workshop or whatever. The garage floor is cement. Resvd: 2 perennial planats and figurines around pond.

Contact Tom for more info, or to see this property!
(269) 580-2259 or email at tframe {at} kalvan.com

32728 Orchard, Covert Michigan Home SOLD

This cleared lot in Covert is ready for your house. City sewer and well already in place. City water available at street. 2 miles from expressway for easy access to wherever you need to go. Approx. 4 miles to public beach. Realtor owned property.

Rehabbers Dream

PENDING SOLD!

The first dumpster was filled & carted. The inside clearing has begun and the front porch was opened up to really enhance the attractiveness of sitting outside. Now, you can continue the rehab needed to get this big house (4 bedrooms) into shape.

The garage is big. The double lot offers room enough to let the kids play at will. The back overlooks the ravine for the Black River running through town, so you can fish without the time and expense of traveling.

A land contract is possible. Rehab and sell or live in it yourself. Either way, this house is waiting for you to bring it back to life and make it the beauty on the block.

Technorati Tags: Tom Frame, rehab property, investor property, Bangor MI home

South Haven and Bangor Homes - Should you buy mortgage points?

This is part 2 in a series about understanding your mortgage. Read more: Understanding Mortgage Points

You can also “buy” points to improve the interest rate you get on your mortgage.  If you have the available cash on hand, and have long-term plans to stay in the house, you may think about “buying down” points to qualify for a better interest rate.  Though you’ll have to bring more money to closing, you’ll enjoy lower monthly payments over the life of your mortgage.

Generally, for each point prepaid, the interest rate on your mortgage will drop about a quarter (.25) of a percent (unfortunately it’s not a one-percent-for-one-percent deal!)  Additionally, lenders usually set the number of points that you can prepay (so you can’t just pay a little more for a 0% nterest rate).

When to Buy Down Points

When should you prepay points?  It depends.  If you have the extra cash on hand, there might be a better way to invest it.  Sit down and do the math before you decide (I used to be a teacher, so I’m happy to help with this).  Divide the total cost of the points by the savings in each monthly payment.  That answer is the number of payments it takes to break even.  If the number of months to payback is longer than you plan to have the mortgage, another loan option should be considered.

If you don’t have cash available, don’t think about borrowing it.  Doing so will increase your loan amount and total costs because you’ll be paying interest on that for the life of the loan as well.

If you’re looking to buy real estate in South Haven or Bangor, you really need to understand all of the costs of your mortgage.  I’d be happy to meet with you to explain!

South Haven and Bangor Michigan - Understanding mortage points

You need to understand ALL of the costs of your mortgage!

When you’re getting ready to purchase a South Haven or Bangor home, it’s really important that you understand all the different costs that are involved with your home purchase.  Today we’ll talk about what it means to pay “points” on your mortgage.

Points are simply fees paid to receive a home mortgage. Consider them your “cost” to get a mortgage.  Each point is 1% of the total loan amount.  So, one point (one percent) of a $80,000 loan is $800.

The two most common types of “points” are:  Loan origination points and Discount points.

Loan Origination Points are the fees that your lenders will charge you to obtain your mortgage. Similar to interest rates, points (or sometimes even fractions of points) will often vary between lenders.  Some lenders don’t even charge points, so take the time to shop around.

Discount Points are the fees that lenders charge for the interest rate you’ll pay on a mortgage.  Once again, one point equals one percent of the total loan amount.  The numbers of points charged changes with the time, location, lender and the local mortgage and investment market.

More discount points may be charged if you have had credit problems. Sometimes, lenders may also only qualify you for a higher mortgage rate than advertised.  Those with poor credit may find they have to pay anywhere from 2 to 4 times the points as those with good credit.  That’s why keeping a good credit history and comparing all the costs of a mortgage is so important.

Read more: Should you buy mortgage points?

If you think you’re ready to purchase your South Haven or Bangor home, you really owe it to yourself (and your bank account) to really understand your mortgage. I’d be happy to meet with you and answer any questions you may have. Feel free to call me at (269) 580-2259, or email me at tframe (at)kalvan.com

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