Things To Do in Auburn Michigan

Attractions To See -Auburn Michigan

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Auburn Michigan is the home of many splendid things — we know it, because we live here. Beautiful scenery, majestic lakes, fabulous food, quirky locales and hidden gems just barely scratch the surface of what Auburn Michigan has to offer.

We asked staff members of the Auburn Press to share some of the best things to see and do in Michigan, based on our personal experiences. Here are 50 ideas you may want to add to your bucket list if you visit Auburn, MI.

Think we missed something? Add your bucket list item here and be sure to explain why it’s great.

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In the depressed Michigan housing market, investors are now able to buy bank owned properties for les than 25 cents on the dollar. Once re-habbed, the houses are HUD-appraised. If such a home is purchased by a senior, 62 or older, who is approved for a reversed mortgage, this senior can now be a proud home owner without ever having to make house payments again. The investors are willing to provide a private mortgage or land contract on the home while the senior obtains the reverse mortgage.

Isn't this a great program?! A senior with job loss or income reduction can now own a home without making any mortgage payments*. This senior can now not only be a proud home owner, but also increase his or her financial independence and have cash available for a higher style of living.

*The senior still has an obligation to pay for home insurance and property taxes.

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Lease Purchase Houses Metro Detroit - What You Need To Know

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Detroit investment property opportunities are more prevalent than at almost any time previously. There are many reasons for the growth of ways you have to earn money on real estate in the city of Detroit. You can start with relatively small amounts of money. You can grow your funds, even if you have never done this type of investment before.

There are several things that you must keep in mind in order to profit from this type of investment. These might be buying the right type of property, knowing what the market rates are, finding good renters or buyers and managing the day to day operation of your business. You should do your homework and learn all you can about the industry before risking your funds.

Deciding on your investment goals first will help you determine the best choice of property. You should always be aware of cash flow as well as price. Finding a competent tax accountant will help to take advantage of all the Detroit investment property tax breaks. You can flip property for quick returns or you can invest for long term growth.

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Lease Purchase Houses Metro Detroit - What You Need To Know

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  • Detroit Real Estate Investment Myths - Don't Believe the Hype

  • Detroit Real Estate Investment Myths - Don't Believe the Hype

A common misconception about Detroit is that the entire city is destitute and headed for complete disaster; when in fact the truth is that the city is making great strides to regain its high acclaim. With the restructuring of the big three, the heart of the American automotive industry; the constructing of the new light rail transportation; and the relocation of major corporations back to the city, these changes are all necessary elements for the equation of success and a booming and thriving economy for Detroit.

Though the housing market is lagging in recent advancements it will soon follow trend. Many investors understand the economic cycle and see Detroit as prime opportunity to begin using real estate as long term investment vehicles that offer steady high returns. Investors will earn steady rates of gain as long as they invest in the market while prices are at historical lows. Here are some common myths about Detroit that are actually quite unbelievable.

Detroit is all bad...
This is one of the funniest we've heard. Nothing is ever all bad. People, opportunities and situations are only bad when proper research and adequate time to investigate have not been given. It wouldn't be difficult to believe it with the way media portrays the city. Most things that make it to national headlines about the city are negative. It is true, Detroit has been hit hard during the economic crisis and one of the keys to reviving the city is rebuilding its infrastructure. Thus, the construction of major attractions like the Detroit International Riverwalk, a 102 million dollar development; Campus Martius Park; and the light rail transportation system. If the city was so terrible, organizations would not be investing hundreds of millions of dollars into an economy and city they felt wouldn't recover. They are making an investment into a city they believe will bounce back and once again be the home of major industries.

Don't believe the hype. With any large city there are good aspects and some not so good aspects. Investigate the matter further and do your due diligence to discover all the positive opportunities Detroit has to offer. Detroit currently presents a prime opportunity to build wealth through real estate investing. For more information of how you can take advantage of the opportunity, visit DetroitPropertyInvestor.com.


Detroit Michigan Attractions & Places To Stay