Tyson Reeves Realtor

10/29/2024

https://portal.onehome.com/en-US/share/1176130y49692
This beauty popped up in Shelby Twp this morning. Love It

10/02/2024

Sold another new build a couple days ago, only $420k and even sold it fha. There are more available if interested. Listed as 1950 sqft, 3 beds, 3 full baths.

10/02/2024

There are lots of stats, numbers, and blabity blah blah in this article but the bottom-line is that sellers make far more money using Realtors like me. $79k more beanos on average is a lot of dang on beanos.

To save on Realtor commission, many sellers choose to sell their home in a non-traditional way. Learn more about the outcome of their sales.

10/02/2024

Every single year, I take a money laundering class to spot it when it's coming and every single year people get caught. This time a mother and son real estate team gets caught laundering prostitution money in Florida.

The duo has allegedly been operating a Pompano Beach business called "Pretty Woman Escorts" as a "criminal enterprise engaged in commercial s*x" for over 20 years.

08/19/2024

This is long but i just wrote it on a Dave Ramsey page in response to his 15yr, 25% of gross approach to buying a home. While it would be great to be able to do this, a family would have to make far above the median family income to pull it off and be happy with the home. To me its not very practical and less than 7% of people actually hold a mortgage for 30 years.

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This advice would be great for those making over $400,000 combined, as they're more likely to afford the home they truly want under those conditions. Let’s consider a household earning $200,000 combined annually. Thats a gross monthly income of $16,000. Using 25% of that for housing costs gives you $4,000 monthly—assuming there are no car payments, credit card debt, or other loans.

With a 6.5% interest rate on a 15-year loan, and factoring in typical insurance and property taxes in Michigan, this budget would likely qualify you for a $350,000 home.

Is it doable? Yes. But you’d be paying $4,000 a month, and if you're earning $200,000 a year, you might expect something better.

Most people in the area are not making $200,000, not even combined, so the homes they can afford would be even less expensive. And that’s also assuming no car note, student loans, or credit card debt. This is a Dave Ramsey approach sure, but keep in mind that while they don't have a mortgage, they are still paying rent—which is essentially 100% no-refundable interest.

Lastly, one thing that is never mentioned in this discussion is the amount of growth the home has seen over those 30 years. Yes the interest payment has increased the total out of pocket but the home has also appreciated appreciated tremendously over those 30 years typically and if it hasnt the person would have probably sold it well before it lost its value.

07/28/2024

The first picture alone (panrty) made we want to go see this home. Home facts are, 4 bedrooms, 2.1 bathrooms, 2185 square feet, built in 2015 Sterling Heights, Utica Schools. I'll be there at 5 pm today to check it out. $450k

07/08/2024

https://portal.onehome.com/en-US/share/1119280J35623
If you've been looking to lease then you know its slim pickings out there, even in the higher price range. But I did find this really nice one in West Bloomfield Twp. The scarcity of the market is screaming for people to put more homes on the market, if you have any property to lease or sale lets talk and see what you can get for it in todays market.

07/05/2024

Fixer in up and coming Highland Park Neighborhood. Investment property. https://portal.onehome.com/en-US/share/1118755V76436

06/24/2024

This is the time of year people start searching for Homes by school district. www.tysonreeves.com/custom-search , scroll down to advanced filters for school districts.

MI Homes for Sale, Real Estate and Mortgage Services including Pre-Approval and Refinance. Tyson Reeves specializes in Homes and Listings in Metro Detroit, namely Sterling Heights, Rochester Hills and their surrounding areas, representing both Home Buyers and Home Sellers.

06/13/2024

Super cool home but if im the realtor im taking out all aerial shots of the neighbors pool, no shade or anything just my personal observation. Meanwhile great home 5 beds 4 baths outstanding neighborhood

2216 Edgestone Drive Sterling Heights, MI. Search homes for sale, get school district and neighborhood info for Sterling Heights, MI on tysonreeves.com -- Real Estate Search.

06/11/2024

One of my favorite streets for homes in this price range in Sterling Heights https://portal.onehome.com/en-US/share/1106793x14675 will need some cosmetic updating but great home.

06/10/2024

If asked today to stay under 300k in Macomb county, I would show these 9 homes.
https://portal.onehome.com/en-US/share/1106128H88858