Michael Novjanovski NMLS #2281489

Another stunning home hitting the Shelby Township market this week! Custom built home on a 1/2 acre lot. 4 rooms, room bathrooms, 4 car garage, 2-tone windows, spacious rooms, and stunning design throughout the home. If you are in the market this home is a definite attention grabber!

Stop by the open house THIS SUNDAY JULY 17TH 1-3pm!!!!

At a open house for a beautiful home located just minutes away from lake St. Clair. Stop by 12-3pm.

47354 Bayside Cir E Chesterfield, MI 48047

I'm going going, back back, to Cali Cali!!!! Chasing the sun by adding another beautiful sunny state under the umbrella of licenses. I am officially licensed in the state California! Family, Friends, realtors, and people with friends or family that are realtors in California reach out to me and lets do some great things together! Filling homes and fulfilling dreams one loan at a time.

As we finish off the week and move into the long weekend we must not forget the reason we are all able to do so, the sacrifice of many that made and still makes our country so great. Some leaving town to spend time with family, some staying home to catch up on life, and then some that will find this time to get more work done for themselves and others. I am thankful for the opportunity to be here in this life to do good not only for myself but for anyone that I can. Life doesn't stop moving so if you are out there looking for homes, seeking answers, or just want some advice I am here and available to do just that. Enjoy your weekend, remember why it is we are here, and reach out to me at anytime this weekend for anything mortgage or housing related.

Who doesn't love a little fun in the sun?!?!?! Well now we can do just that but still get the job DONE! Whether you are making the move, purchasing a second home, or making an investment I'm pleased to announce that I can help with all lending needs in the sunny state of Florida! Please reach out to see what your options are. If you are in need of a realtor I have amazing industry partners in Florida ready to serve you.

In the world today there are many uncertainties especially right now when it comes to housing affordability and availability. There is one thing that remains certain and is tried and tested, and that is working with people that truly care. Do not invest in someone if they are not willing to invest in you. Principles before paychecks is how myself and the people I do business with operate. Make sure the professionals leading you in one of the biggest financial decisions of your life take the time to educate you, put in the work for you, and above all be available at all times for you.

Do not sit back and wait for rates to get “better” we are still on the low end of the mortgage industry. Reach out to me ans lets see what we can get done for you!

3 things that will get more expensive after the Fed's historic rate hike To head off record-breaking inflation, the Federal Reserve has raised the cost of borrowing by 0.50%. That'll make these three everyday payments more expensive.

So accurate and so true. although everyone is still in the brain funk that was coronavirus, we cannot wait again for what once was. Truthfully speaking as Vic mentioned, we are still at historic lows. If you are considering a sale or a move, reach out.

"I'll just wait until prices go down because it will be cheaper for me to buy."

𝐖𝐫𝐨𝐧𝐠.

It's important to understand that it has historically never been cheaper to borrow money, aka finance a mortgage. Yes, prices are higher than they were 20 years ago, HOWEVER, rates were in double-digits.

Spoiler alert: it's cheaper to buy now than it is to wait, and experts don't anticipate values to drop, they just won't appreciate in double-digits as they have in recent years.

Don't get caught in the rental trap — monthly rents are keeping on track with demand as purchase supply is not on pace with buyer demand, causing prospective buyers to renew lease terms and get stuck into lengthy lease agreements.

𝐋𝐞𝐭'𝐬 𝐝𝐨 𝐭𝐡𝐞 𝐦𝐚𝐭𝐡:
• $300k loan amount @ 3.5% =
$1,347/month
• 280k loan amount @ 4% =
$1,337/month

Let's say you were waiting until prices dropped ... and just assume prices continued to rise, and interest rates continued to follow (as both have been):

• $300k loan amount @ 3.5% =
$1,347/month
• $320k loan amount @ 3.75% = $1,482/month
• 340k loan amount @ 4% =
$1,623/month 🤯

𝙳𝚘 𝚝𝚑𝚎 𝚗𝚞𝚖𝚋𝚎𝚛𝚜 𝚠𝚘𝚛𝚔 𝚏𝚘𝚛 𝚢𝚘𝚞 𝚗𝚘𝚠 𝚘𝚛 𝚒𝚗 𝚝𝚑𝚎 𝚏𝚞𝚝𝚞𝚛𝚎? We can only act on what's best for us right now. Frustrated with the current market? Let's chat and figure out a way to get you into a new home!
-
Vic Simjanoski
📲 248-229-9137
📩 [email protected]

Knowledge is power.

Buying a home can bring a lot of uncertainty, especially when a seller doesn't have much knowledge about the home or the age of the mechanicals and other big-ticket items. 𝗜𝘁'𝘀 𝗶𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗮𝘀 𝗮 𝗯𝘂𝘆𝗲𝗿 𝘁𝗼 𝗽𝗲𝗿𝗳𝗼𝗿𝗺 𝘆𝗼𝘂𝗿 𝗱𝘂𝗲 𝗱𝗶𝗹𝗶𝗴𝗲𝗻𝗰𝗲!

Let's be real — even if a seller has knowledge about the home, we would definitely want to get the opinion from an unbiased source who is an expert in their field.

Here are the most common inspections:

• Visual & Mechanical (General Home Inspection)
• Structural (engineering)
• Wood Destroying Insect / Termite
• Radon Gas
• Mold (air quality + labs)
• Lead-Based Paint (if older)
• Sewer (septic / hydraulic + sewer line)
• Water (well, pump, filtration, labs)
• Pool (visual, mechanical, dye)
• Stucco (moisture probe/invasive)
• Insurance (flood, prior claims)

→ Make sure to take the time to attend the inspections with the professionals, this way you get first-hand knowledge on your new home and you can ask questions on maintenance items. Every home is going to have issues — so it's important to prioritize what is most important, and plan for the rest.

PRO TIP: even if you waive the right to a home inspection to win a multiple offer situation, it is important that you still have one, even if it is after you move in!

𝗡𝗲𝗲𝗱 𝗮 𝘁𝗿𝘂𝘀𝘁𝗲𝗱 𝗛𝗼𝗺𝗲 𝗜𝗻𝘀𝗽𝗲𝗰𝘁𝗼𝗿 𝗼𝗿 𝗟𝗶𝗰𝗲𝗻𝘀𝗲𝗱 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝗼𝗿? I have great connections available for my clients, friends, and family.

We know homeownership is much more than a transaction. Caliber's products, technologies, and my resilient effort come together to create a powerhouse that’s always working towards a better homeownership experience.

Caliber can assist builders and buyers with home financing options for 4-unit to 1,000-unit condo developments! We can review required docs for eligibility before submitting them to HUD, the VA or Fannie Mae. Contact me to learn about our non-warrantable condo financing!

Food for thought

Mortgage delinquency rate reaches 23-year low - HousingWire Mortgage delinquency rates in January reached a 23-year low, driven by the skyrocketing housing prices and a strong job market.

Looking for the Perfect home but the right one isn't quit there just yet? Contact me and let’s make the home of your dreams a reality. building a home is a fun and hectic process, so let me handle the most stressful part, the funding.

Michael Novjanovski NMLS #2281489 updated their phone number.