Found 110 blog entries tagged as Northern Michigan Real Estate.

Homeowners should know what is generally covered before submitting a claim. However, all too often a claim is denied or homeowners find out that coverage is surprisingly lacking. Those that have been subject to floods have often found far too late that food damage is not covered in a standard policy. This is why it is important to learn more about home insurance. Depending on the area and typical weather conditions, homeowners may want to expand their coverage to avoid a potential issue. What are some of the common home insurance issues? (Click here to see Northern Michigan's finest collection of vacation rentals)

For informational purposes only. Always consult with a financial advisor before proceeding with any real estate transaction.

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Chances are good that robotics, drone imagery, and digitized collaboration will play a large part in the design and construction of future homes and business structures, and a variety of other construction improvements may not be far behind. (Click here to see Northern Michigan's finest collection of vacation rentals)

Already, there is some evidence that buildings of the future may be constructed of "self-healing materials" and that plant-based component will create new design and energy flexibility. Tomorrow's built environment may not resemble today's buildings any more than the great stone structures of the past have anything in common with today's steel and glass high-rises. (Click here to see all Northern Michigan Waterfront Lifestyle…

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SOLD: 615 Harbor View Lane Petoskey, MI 49770 - $840,000
MLS# 453709 - Gorgeous Home in Petoskey, Michigan Sold

Brook Walsh's Client Sells Petoskey Estate in Exclusive Harbor View Hills for $840,000!

It was a very challenging negotiation for Brook Walsh, NorthernMichiganEscapes.com founder, and Associate Broker for BrookWalsh.com. His client wanted to get top dollar on their sale and the buyer wasn't comfortable with that price. Eventually, Brook used his real estate investment expertise to successfully negotiate the sale with the buyer through their agent.  (Click here to see all Petoskey, Michigan Homes for Sale)

Gorgeous custom-built 7,400 sq ft home with panoramic views of Little Traverse Bay. It of a kind home with many high-end finishes…

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You finally found the perfect Northern Michigan home.

The house checks all your boxes: it is the right style and size, has an entertaining kitchen, and even boasts an awesome master bedroom. To make things even better, your offer was accepted by the homeowner. Congratulations!

You’re one step closer to owning your first home. (Click here to see Northern Michigan's finest collection of vacation rentals)

The next step in your home buying journey is the home inspection. The job of a home inspector is to provide interested homebuyers an unbiased report about the utility and safety of the home they are preparing to purchase. (Click here to see all Northern Michigan Waterfront Lifestyle Homes for Sale)

While a home inspection is not required, it is highly…

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Compared to previous generations, millennials have been cautious to enter the real estate market. Coming of age right at the most spectacular housing boom and bust in modern history—the 2008 Recession—made for a generation of observant and media-savvy homebuyers. But the tide is finally turning. (Click here to see all Northern Michigan Waterfront Lifestyle Homes for Sale)

Based on recent data from Nationwide Mortgages, 66.1% of Millennials report that they plan to buy a home in the next 5 years. Are you ready for this dynamic demographic of a homebuyer?

It’s good news for the real estate world that 65.3% of millennials associate home buying with achieving the American Dream. That’s more than any other generation! Millennials put a high…

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Real Estate Investing: 4 Big Rookie Mistakes Exposed + 3 Proven Fixes

Investing in real estate can feel like striking gold—provided you know where to dig. Real Estate Investing is a powerful wealth-building tool, but many beginners stumble at the same four hurdles. 

1. Ignoring Market Research

Ignoring Market Research

Skimping on market research is like setting sail without a compass—you’ll drift. New investors often rush to buy the first “bargain” they spot, only to discover later that demand is weak or property values are stagnant.

1.1 Failing to Analyze Neighborhood Trends

Every neighborhood has its own rhythm—schools, crime rates, new developments, and demographic shifts all matter. Rookie investors often look at a property in isolation. Without…

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In a hurry to sell your Northern Michigan property? Most families know that conducting a few renovations is optimal for selling a home quickly and for the above market expectations. But knowing which changes to make is where many of us feel at a loss. To save you time and money, we’ve put together a checklist of the house renovations that you should prioritize. These are the most consistent and easiest to implement tasks that can significantly drive up the allure of most properties. (Click here to see all Northern Michigan Waterfront Lifestyle Homes for Sale)

Your real estate agent will be responsible for marketing your home, but you can also take a few steps to make your home one of the most desirable in the Northern Michigan real estate…

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One of the best uses of a limited liability company (LLC) is a vehicle for families to pool their money together to invest alongside one another. The benefits of a family pooling their money through a limited liability company come mostly from the power of an LLC operating agreement. The family LLC can invest in everything from stocks, bonds, and real estate to mutual funds and start-up businesses. (Click here to see all Northern Michigan Waterfront Lifestyle Homes for Sale)

LLC Operating Agreement 
An LLC operating agreement can be written with all kinds of provisions. For example, the operating agreement could forbid individual family members from selling their shares of the limited liability company without the permission of all other…

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All limited liability companies (LLCs), are typically governed by a contract that the investors sign amongst themselves. This contract is known as an LLC operating agreement. The agreement has fairly standard terms, and you can easily find a template by searching for one online. (Click here to see Northern Michigan's finest collection of vacation rentals

When to Use an LLC Operating Agreement 

You would use the LLC operating agreement when starting a new LLC to define its operations. If you already have an LLC set up, an operating agreement allows you to outline information about its operations.

In practice and theory, an LLC operating agreement is essentially the same as the limited partnership agreement…

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In recent years, limited liability companies, or LLCs as they are frequently known, have become one of the most popular ways for investors to structure their holdings, beating out the formerly more popular limited partnership. From families pooling their money together to Fortune 500 corporations that have subsidiaries, you may have directly or indirectly invested in an LLC without knowing it. This overview was designed to help you understand what LLCs are, why investors use them, and some of the factors you may want to take into consideration before you form an LLC or invest in one.  (Click here to see all Northern Michigan Waterfront Lifestyle Homes for Sale)

The Potential Benefits to Using a Limited Liability Company 

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