Donald Trump has even decided to jump into the real estate bank foreclosure market. Donald Trump will be soon be Ed McMahon's Landlord. Trump has agreed to buy Ed McMahon's house for an undisclosed price and rent the house back to him.

The Beverly Hills mansion boasts six-bedrooms, five-bathrooms and had been on the market for about two years. At one point, it was listed at more than $7 million but dropped in increments, winding up this weekend at $4.6 million. McMahon purchased the house in 1990 for $2.6 million, according to public records.

Trump said he stepped in because helping McMahon "would be an honor."  According to an exclusive interview with the Times, Trump said "I don't know the man, but I grew up watching him on TV."

McMahon, 85, was about…

I have always been told growing up "BUY REAL ESTATE, YOU CAN'T LOSE"  Well as we all know, thats not necessarily the case. This young generation will not soon forget about these times, and like any investment your money can go up, but it can also go down. Real estate is no different.

Don't think you have it so bad till you read about the loss this homeowner is going to take just to keep his credit score perfect. Most homeowners would just walk away from this home and give it back to the bank, but not this seller. He said "Mark, my name and my credit is everything to me and when I bought this house I promised the bank I brrowed the money from to pay the loan off, and I will do that no matter what it costs."  I was inspired by his dignity. He realizes that…

Ferndale Woodward Dream Cruise

The classic Ferndale Woodward Dream Cruise is back in Michigan and car fanatics are excited! It is time to show off all that sweat you have put in over the years on that classic ride.

The party begins at 1:00 on the 15th of August, 2008.  The kickoff starts with the 8th Annual International Emergency Vehicle Show features a display of the newest, and of course the antique, Police, Fire, Military and EMS vehicles ranging from a 1930's Hot Rod Police Car to some of today's most advanced, along with Bomb Squad's, K-9's with plenty of fun for the whole family!

The fun continues on Saturday morning with the 14th Annual Ferndale Classic Car Show, and Mustang Alley Show. There will be live bands including Terrie Lea and the…

NOVI HOME ON AN ACRE OF LAND CUSTOM BUILT

The builder is selling his home! You can only imagine the custom features that were installed by the owner on this gorgeous custom built home. Such amenities as hardwood floors, rod iron staircase, and custom wood moldings throughout just to name a few. This newer built home was constructed in 2004 and sits on a little over an acre in the prestigous Park Place Subdivision.  Your new home is located on a cul-de-sac. The children go to the Northville Public Schools. Featuring close to 4,000 square feet, including 4 bedrooms and 3 1/2 baths. Walk in through the 2-story foyer and face a very open floor plan with a huge great room which is ideal for big family gatherings.

With a master suite on the first floor, you…

Birmingham Michigan Luxury Real Estate

This is not just a home, this is a lifestyle!  For those looking to relocate to Birmingham Michigan or the general Metro Detroit real estate market, this home is beyond suitable for a home buyer with the most discriminating taste. Luxury real estate and Birmingham Michigan go hand in hand. For those that don't know, the Birmingham Michigan Real Estate market is considered a higher end real estate market.  The birmingham public school system is known throughout the country and the reason why so many people desire to relocate to Birmingham Michigan. 

This Birmingham mansion sits on a great size 100' by 130' lot and is within walking distance to the downtown shopping district and speciality shoppes in whats known as…

Divorce Attorneys are a great source for Real Estate leads and most Realtors never even think to take advantage of the opportunity. Why not try to network with divorce attorneys in your market. It was never brought to my attention until I was dealing with a divorce couple in the Novi Real Estate Market, who had me contact their attorney to get a better handle on what we needed to do, to get their home sold. The couple wanted to sell their home so they could split the proceeds and move on with their life. After I listed their home I then realized that a divorce attorney could be a great source for leads. I have a great Michigan Divorce Lawyer who often calls me when she is handling a divorce and the couple needs to have their home sold.

Here are the top 4…

Northville Home For Sale On 2.8 Acres

   JUST LISTED $425,000

• SEV $379,450 (city value over $758,000)
• Seller paid $555,000 in 1996

AFTER BEING ON THE MARKET FOR OVER 5 YEARS WITH 4 DIFFERENT REALTORS, THIS REALTOR MARK Z. SOLD THE HOME IN LESS THAN 120 DAYS!!!

This home will be coming on the market and available for sale here very shortly.  The home is currently being professionally staged by a company called Staging Places, to impress a buyer with the most discriminating taste. The sellers insist on putting a new $20,000 tear-off roof and touching up some interior and exterior paint before we list it for sale. The home is located in the city of Novi with Northville schools and a Northville mailing address.

The SEV on the property…

Why A Realtor Would Overprice Your Home...

I was on a listing appointment the other day in Northville, Michigan and it came to the part of my presentation when the homeowner wanted to know what I thought we should list the home for. In this particular situation the comparable listings were very easy to spot in the neighborhood and the obvious list price was very clear to be between $450,000-$460,000 to be competitive.

They said "the northville real estate agent that was here yesterday said we should list around $550,000." I was shocked. Then they asked, why would a Realtor tell us $550,000 knowing that it would never sell?  He wouldn't make any money if it didn't sell, so why would he want to list our home at a price that wouldn't be competitive?

Well…