Welcome to Saugatuckrealestate.com! Here You Can Find Great Information on Real Estate as well as Information on Vacation Rentals.
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Looking for waterfront homes? Waterfront Land? A home in the city or on acreage? Search everything the web has to offer, right here! Don't miss Mill Pond Realty's Feature Homes for a fine selection of homes including many Lake Michigan waterfront and vacation homes. Need local vacation rental information? Turn to Mill Pond Realty's award winning Property Management Department. Since 1991, we have handled the management and rental of the finest homes and condominiums. If your goal as an owner is to maximize the potential of your investment, you need a company with a proven management formula. If you are looking to rent a home, visit www.millpondrealty.com for details on all of our available rental properties.
Need expert advice? No web site, large or small, can take the place of a top real estate agent. Not even ours! This site is filled with ways that you can contact us for one-on-one expert help and advice. That's our job. Contact us with confidence! We guarantee your privacy will be respected. And we offer the services on this site for free and without obligation. Why? We want to be YOUR real estate agents. As your trusted, professional real estate partners, we will help you find the best home in your area within your price range. And together we will sell your home, for as much as the market will bear, and as quickly as possible. Buying and selling a home is one of the biggest events in your life. As top Saugatuck, Douglas, Fennville, Glenn, Holland and surrounding area real estate agents, we have the experience and track record you are looking for. Please let us help. - Laura J. Durham and the Mill Pond Realty Team  |
|  | | | Visit Mill Pond Realty at our downtown Saugatuck Office. | |
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First Time Buyers >The Seller May Pay
The costs of buying a home may be daunting. For example, you may have finally saved enough for a down payment on your first home, with a little left over to buy the furniture you will need. Then you hear about having to pay closing costs you weren't anticipating, and this may seem like a real setback.
One way to cover such a shortage is to make the sellers an offer that calls for them to credit you for some of the closing costs. As a rule, the sellers may pay a maximum of 3 percent of the sales price if the buyer is putting five percent down. If the buyer is making a down payment of 10 percent or more, the seller can contribute up to 6 percent of the sales price to cover the buyer's closing costs. Some items, such as prepaid taxes and the first month's mortgage payment, must be paid by the buyers. Sellers may also contribute to paying the appraisal, points, title insurance, settlement attorney fees, state or local transfer taxes and similar items.
Keep in mind that if the credit is included in the price of the house, the appraiser will have to justify the amount, based on sales prices of similar homes in the neighborhood.
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What time of year is considered the busiest for homebuyers and sellers?
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Real estate is a year-round business, but spring is still considered the best time of year to showcase a home. |
 See More Real Estate Trivia > |
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- NUMBER1EXPERTS™ 
