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´╗┐Broker Peggy Finnigan talks about recent trends in real estate

SOUTHFIELD, Mich. (WJBK) There was big news this week that homes sales are up. Peggy Finnigan from Salem Diversified Services joined us on the "Mix at Six" to talk about the story behind the numbers.In this seller market, Finnigan said there is a situation where buyers would have to bring money to closing."What they doing is they having them sign an addendum with their contract to purchase that Nike Vapormax White Womens

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District Court names 29 people who wer.Money Monday: Social media safetyMoney Monday: Social media safetyUpdated: Monday, July 7 2014 9:31 AM EDT2014 07 07 13:31:18 GMTThe internet is like an elephant it never forgets. While spoken words leave little trace and are quickly forgotten, written words endure in the online environment. Whatever you post, tweet, update, share even if it's deleted immediately afterwards has the potential to be captured by someone, somewhere, without your knowledge.The internet is Nike Air Vapormax Mens On Feet

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like an elephant it never forgets. While spoken words leave little trace and are quickly forgotten, written words endure in the online environment. Whatever you post, tweet, update, share even if it's deleted immediately afterwards has the potential to be captured by someone, somewhere, without your knowledge.Money Monday: No one has a crystal ball on the marketMoney Monday: No one has a crystal ball on the marketUpdated: Monday, June 30 2014 10:44 AM EDT2014 06 30 14:44:05 GMTA CEO's exit interview: Alan Nike Air Vapormax Red And Black Mulally on his 8 years at FordA CEO's exit interview: Alan Mulally on his 8 years at FordUpdated: Wednesday, June 25 2014 4:17 PM EDT2014 06 25 20:17:56 GMTFive short videos in what could be described as an exit interview to the media. For business people of all kinds, there is some real insight to be had here as Murray Feldman poses questions that go beyond the auto industry. Alan Mulally is candid with his answers.Five short videos in what could be described as an exit interview to the media. For business people of all kinds, there is some real insight to be had here as Murray Feldman poses questions that go beyond the auto industry. Alan Mulally is candid with his answers.

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says the sale price is what the seller going to be getting. So they have to come up with the difference between the appraised price and the sales price," she explained.Finnigan also confirmed that inventories are low in some areas."It happening a lot because the houses that are coming on the market, they gone in less than 24 hours. We have a lot of buyers out there that are putting in multiple offers on houses and then they not getting a house because there are so few houses. The inventory is very low, and the buyers are tremendously high," she said.What about the foreclosures and bank owned homes, are we seeing those still entering the market?"We are, but it not as high as it used to be," Finnigan said. "The banks are now taking and they using them as rentals, and they keeping it so that there not such a flux on the market.""They putting them on randomly . slower, letting people rent them where they didn do that before to make it so that the prices continue to stay where they at."So you put your house up for sale and sell it within 24 hours. You need a place to stay. What are some options?"What you should be doing is figuring out a plan with your realtor. If you have equity in your house, if you could take the equity out of the house and purchase before you put it on the market. You could also write a contingency so that if you do get an offer on your house that it is contingent on you finding the home of your choice, and that way you have that option to still be able to go find something. Other things that you could do is put in after closing how many days occupancy you would want, but you really need to talk to your realtor to set a plan in action."Salem Diversified Services is giving away a free house to a nonprofit organization.As thousands of young adults start or return to college in the metro Detroit area, it'd's beneficial to review a list of tips to help students establish good credit and get on track to achieve their financial goals in the short and long term.More than 600 file lawsuit against GM over ignition switchesMore than 600 file lawsuit against GM over ignition switchesUpdated: Wednesday, July 30 2014 4:04 PM EDT2014 07 30 20:04:48 GMTAnother legal bump in the road for General Motors. Now, a lawsuit has been filed by more than 600 people. They say they had GM cars recalled for faulty ignition switches and suffered injures, or are related to someone who died in a crash. They filed the lawsuit because they say they are not covered in the victims compensation program. Their problems came apparently after the bankruptcy. District Court names 29 people who wer.Another legal bump in the road for General Motors. Now, a lawsuit has been filed by more than 600 people. They say they had GM cars recalled for faulty ignition switches and suffered injures, or are related to someone who died in a crash. They filed the lawsuit because they say they are not covered in the victims compensation program. Their problems came apparently after the bankruptcy. Nike Vapormax On Feet

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