K.M. Minemier & Associates is a certified Woman Owned Small Business (WOSB) engaged in full service real estate asset management and marketing.

Articles on HUD Homes

Successfully Selling HUD Homes Seminar

February 15, 2024

It is vital that agents have the proper training when selling HUD Homes.  From understanding the listing, placing the bid and getting the deal to closing.  Our group of local listing brokers are holding a informational seminar on Successfully Selling HUD Homes for local agents on March 7, 2024 from 9:30 -12:30 at NOCBOR - 4400 W ...

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Open House

December 15, 2023

An open house is a great opportunity for potential home buyers to walk through the property with or without their real estate agent. These tours provide prospective buyers with more time to view the home than a one-on-one showing. They can also feel less formal and provide an opportunity to casually explore the neighborhood.Public AwarenessOpen houses are often ...

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Successfully Selling HUD Homes Seminar

August 15, 2023

 Are you a seasoned agent who has sold lots of HUD Homes over the years, a brand new agent who has not sold any or somewhere in the middle? Then this class is for you.  We can not stress enough how important it is to know the proper procedures to selling HUD Homes.  Please join us ...

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Successfully Buying HUD Homes Seminar

February 15, 2023

There are currently 26 HUD Homes for sale in Michigan as of today.  Many in Oakland and Macomb County. This inventory has something for everyone! From small 2 bedroom ranch style homes to spacious colonial and a great condo! All with affordable price ranges and great locations!Buying a HUD Home can be a stressful experience if you ...

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695 Conrad St Kalamazoo MI 49048 HUD HOME OPEN HOUSE

May 18, 2022

OPEN HOUSE SUNDAY 5/22/22 2-3 PM 695 Conrad St Kalamazoo MI 49048 This is a 3 bedroom 1 bath ranch style home. It sits on a .23 acre corner lot. It features a nicely fenced yard with a storage shed. Property is owned by the US Dept. of HUD Case #263-623863 Insurability Code is IE (insured) Hud homes are ...

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Investor Series – Evaluating a property to flip for profit

May 15, 2022

This is one of many articles we will be writing regarding investing in Real Estate.  Today we’ll be looking at evaluating a distressed property for resale profit potential.   Traditionally, we call these “flips” in Real Estate terms.  Just a property you intend to purchase and sell quickly for profit after repairing.Flips are ...

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Preparing to Buy Spring 2022

March 11, 2022

Preparing to Buy During the Spring 2022 Homebuying SeasonIn the coming months, mortgage rates and home prices are forecasted to rise. This will cut into your buying power, so it’s important to begin preparing financially as far in advance as possible. Building your credit score can help you qualify for a lower mortgage rate. You’ll want to ...

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Available HUD Home In Bloomfield Twp. MI

October 14, 2021

HUD Home. Cozy brick ranch nestled on a great lot featuring a nice size eat in kitchen with plenty of cabinet space. A great family room with a natural wood burning fireplace and sliding door to the patio area overlooking the back yard. Master bedroom with full bath, attached garage and much more. With 3 bedrooms,  2 full ...

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How are Charlotte HUD Homes Sold?

June 12, 2021

Post by: Nancy Braun, Showcase Realty HUD homes are sold based on fair market value, which attracts both owner-occupants and investors alike. These properties are perfect for buyers who wish to move or invest in Charlotte NC.  Through HUD, homebuyers have access to quality housing options but with affordable mortgages. Investors, on the other hand, can ...

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Why are HUD Homes Good Investment Options?

January 09, 2021

Post by: Nancy Braun, Showcase RealtyWhy are HUD Homes Good Investment Options?Everyone wants the best deal possible when it comes to investment. That makes it easy to see why a lot of property buyers invest in HUD homes. These foreclosed homes offer a lot of unique benefits, especially for first-time investors.Here are some reasons why HUD ...

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Down Payment Assistance: How to Get Help Buying a House

September 01, 2020

First-time home buyers can apply for down payment assistance through state and local programs. Grants and forgivable loans are available. If you want to become a homeowner, but you don’t have enough cash for a down payment, a state or local down payment assistance program might be able to help.Most states and many counties and cities ...

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How to Improve Your Credit Score Before Applying for Home Loan

July 11, 2020

Post by: Nancy Braun, Showcase Realty Buying a house in Charlotte NC can be a lot of work. You need time to save, documents to prepare, mortgage brokers to talk to, and application forms to fill out. One aspect that affects the home buying process is applying for a mortgage, which in turn is significantly influenced by the ...

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HUDHomeStore Acronyms - what do they mean?

July 09, 2020

When searching on HUDHomeStore.com you encounter some confusing acronyms. So what do they mean?Let's go over some of them together today. IN, IE, UIThese three are found under the Listing Information section of a Property Details page for FHA Financing references. An IN reference means HUD believes the property to be ready, as-is, for ...

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HUD PROVIDES IMMEDIATE RELIEF FOR HOMEOWNERS AMID NATIONWIDE CORONAVIRUS RESPONSE Suspends all foreclosure and evictions for the next 60 days

April 01, 2020

HUD PROVIDES IMMEDIATE RELIEF FOR HOMEOWNERS AMIDNATIONWIDE CORONAVIRUS RESPONSESuspends all foreclosure and evictions for the next 60 daysWASHINGTON - U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson, in consultation with the Trump Administration and the Coronavirus Task Force, today authorized the Federal Housing Administration (FHA) to implement an immediate foreclosure and eviction moratorium for single ...

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Can You Negotiate HUD Home Price?

February 08, 2020

Post by: Nancy Braun, Showcase Realty If you’re thinking of purchasing a home and would like to get a good deal, you may want to consider buying a Charlotte HUD home. HUD homes are homes owned by the U.S. Department of Housing and Urban Development, and they are usually offered for sale at affordable prices.When ...

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NEW PRICE!!! HOME & 3 CAR GARAGE - $85,050

October 02, 2019

Spacious layout - multiple windows provide good natural light and pretty views of the countryside. Two covered porches, level yard with mature landscaping. A rarity to find is the three car detached garage!This home qualifies for $100.00 down payment program, for HUD Owned Homes, subject to a new FHA appraisal. Seller may contribute up to 3% for ...

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FACING FALSE FEARS OF THE HUD ASSET IN NEED OF REPAIRS

September 30, 2019

Many buyers shy away from properties that need repairs. Uneduacted agents do not assit the buyer populations in this matter either.   When purchasing an asset from HUD there are many benefits to an FHA buyer.  One of the best valued benefit is allowance of up to $10,000 in repairs. These repairs can be escrowed into ...

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12 First-Time Home Buyer Mistakes and How to Avoid Them

September 01, 2019

1. Not figuring out how much house you can affordWithout knowing how much house you can afford, you might waste time. You could end up looking at houses that you can’t afford yet, or visiting homes that are below your optimal price level.For many first-time buyers, the goal is to buy a house and get a loan ...

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Is It the Right Time to Sell My Charlotte NC Home?

August 17, 2019

Post by: Nancy Braun, Showcase Realty Are you ready? Or not?One of the most commonly asked questions I often hear from sellers is “Is it the right time to sell my home?”If you’ve been considering it for a long time but cannot let go, perhaps it’s time to put your courage to ...

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How to Make Your HUD Home Energy Efficient

July 04, 2019

Post by: Nancy Braun, Showcase Realty  Dreaming of lower utility bills?The consistently increasing cost of utility bills is a source of concern among many homeowners. When you are trying to pay off the monthly mortgage of your Charlotte home, put food on the table, send children to school, and save some amount for rainy days, each ...

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Five Ways to Buy a HUD Home in Charlotte NC

May 02, 2019

Post by: Nancy Braun, Showcase Realty   Are you looking for a HUD home?Acquiring a Charlotte NC HUD home is excellent for many reasons. Maybe you've been dreaming of becoming an investor in real estate. Perhaps you enjoy building with your hands and would like a project, like a fixer-upper home. Or it could be ...

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5 Tips For First Time Home Buyers - Avoid Paying Too Much For a Mortgage

March 01, 2019

Home ownership is a core component in establishing and living the American Dream. For most people, the ambition to acquire their own home is their most important goal, surpassing all others, and it is the primary influence and motivation for how they conduct their business, financial, and personal lives.Most people will have to finance their home ownership by ...

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Walking Distance And View Of The Cumberland River

January 03, 2019

Come to Middle Tennessee - great cabin getaway.  View of The Cumberland River from the front porch and from owner bedroom.  The Cumberland River offers water sports, fishing, and boating.   located near the picturesque towns of Gainesboro and Granville - you will feel like you walked back in time - Mayberry USA.  Granville, TN is ...

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HUD Enhanced Buyer Opportunites

August 28, 2018

HUD VOLUMES Secretary of Housing and Urban Development REO volumes have declined significantly over the previous few years.  Many potential buyers look for these properties for an opportunity to build sweat equity as a step into homeownership.  The opportunities are fewer and further between, yet, HUD has continues to enhance their program for the opportunities that do ...

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Supply & Demand Will Determine Future Home Values

August 20, 2018

Will home values continue to appreciate throughout 2018? The answer is simple: YES! – as long as there are more purchasers in the market than there are available homes for them to buy. This is known as the theory of “supply and demand,” which is defined as:“The amount of a commodity, product, or service available and ...

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