Denise Bondoni

Denise Bondoni

Associate Broker

Languages Spoken:

  • English
  • 734-453-6800
  • 248-231-8969
  • 734-453-3245
  • 734-453-6800
  • 177 N. Main Street, Suite 100
    Plymouth, MI 48170
Contact Me

18025 Stonebrook Dr, Northville - SOLD!

Listing Videos

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16691 Highland Lane, Northville

 

 

 


 

 

 

 

 

 

44530 White Pine Circle, Northville

 

 

 

 

 

 

 

 

 

REWeekly Updates

 

Bank of America‘s Mortgage Sale and Your Short Sale
By Donna Campbell, Coldwell Banker Weir Manuel

Last week Bank of America (BofA) announced the sale of collection rights to over $300 billion worth of residential mortgages. The mortgages were sold to Nationstar Mortgage Holdings and Walter Investment Management (two of the most prolific buyers these days, along with Ocwen Financial Corporation). BofA is expected to unload another $100 billion in mortgages in the coming weeks.

What does this mean to us? Let your clients know that if they receive a notice that their mortgage has been sold, to contact you immediately.

You will then want to monitor correspondence exchanged between your clients and the financial institution, so that the process continues to be expedited.

Don’t panic, because sometimes the process actually improves when the loan is sold (fresh eyes on the case). But do make sure to keep your eyes on it as well.

We will continue to keep you posted as more develops.

Mortgage Regulations Decided
By Donna Campbell, Coldwell Banker Weir Manuel

Last week, the Consumer Financial Protection Bureau (CFPB) created some new guidelines for mortgage lending. They will go into effect January 2014.

The CFPB was influenced by claims from many distressed borrowers that lenders approved loans which they knew the borrower would not be able to repay.

Without weighing you down with too much detail, below are two critical pieces of the new regulations.

  1. Qualified Mortgage (QM) Rule
    Simply put, The QM provides protection to both borrower and lender. It will include:

    - Limits on interest rates, points and fees
    - Ban on certain loan features (such as loan terms of longer than 30 years, interest-only payments, balloon payments, negative amortization, etc.)
  2. Ability to Repay Rule
    This rule, which is part of the QM, states that all new mortgages comply with basic requirements to protect consumers from taking on loans they can’t repay.

    Provisions include a maximum limit on monthly debt-to-income ratios, and a borrower’s ability to repay the debt over the life of the loan. Many self-employed and commission earning borrowers will be effected.

    Under the new rule, a borrower's total monthly debt, including mortgage payments and associated costs such as property taxes and homeowner's insurance, cannot exceed 43 percent of monthly income in order for the loan to be considered ‘qualified’.

Silver Lining:

What didn’t get written into the rule (which many had feared) are requirements for minimum down payments for qualified mortgages.

For more in-depth coverage visit: http://www.dsnews.com/articles/cfpb-releaes-long-awaited-qualified-mortgage-rule-2013-01-10

Market Statistics
 

Mortgage Rates



From Bob Waun 248-722-9286
30 Year Fixed 3.625%
30 Year Fixed FHA/VA 3.5%
Rates Effective 1-15-13

Current Market Reports
Market Activity Summary

Service above Self is the way I operate!

What sets my service apart is my personalized approach - I listen to your needs and stay focused on what's important to you and your family throughout the transaction.  I try to carry myself with tact and diplomacy through all aspects of the sale and set expectations in advance to prepare you ahead of time.  

It's no wonder so much of my business is built on referrals. People trust me to help them with major decisions in their lives. That's a responsibility I don't take lightly. My goal is to make my clients feel at ease and comfortable throughout the home buying or selling process. My goal is to help you reach yours. 

Whether you are listing or buying, I will be proactive in working for you.

I will list and publicize your house to a base of 750-800 websites, and allow it to go verbally viral.

I first want to get to know you and your personal needs. Do I need to get to know your spouse and family needs as well?  

Let´s keep our priorities in mind and move forward through the process. My first and foremost priority is to get you the greatest return. If that means research, I will make that time for you, and I have the resources readily available to me through my strong supporting office.

With the end goal in mind, finding a match for you or your home, let´s go through the process, because if you win, I win.

And finally, once our business relationship comes full circle, I plan to keep in touch for future needs and referrals.

With that said, “How can I help you”?

Personal Background

Current Northville resident for 5 years; prior Canton resident for 9 years

Married to Mark Bondoni, Ford Motor Company employee.  Two children - 8th grade daughter, 6th grade son

Member Lifetime Fitness since 2004

Former elementary school teacher

Graduate of University of Massachusetts, BA Elementary Education

Professional Accomplishments

$493,000 – Average Sale Price of Homes Sold

99.91% - My Final Sale to List Price Average

100% of clients who have listed with me have successfully sold or leased their homes

Top 5 Producer in the CBWM Plymouth Office

Coldwell Banker Circle of Excellence in 2014, 2016

Recognized as HOUR Magazine Top 5% of Southeastern Michigan Realtors

Community Involvement

Northridge Church

Current Assistant Coach, Meads Mill Science Olympiad Team, Ranked 7th in National in 2012!

PTA Northville Public Schools, Meads Mill

Past Board Member, PTA Silver Springs

Personal Interests

Jessica reminds me of how to properly greet each day!

 

Ted Talk by Shawn Achor on Happiness

 

Specialties - Woodlands of Northville

Concentrated areas:  Northville, Plymouth, Canton

Designations

  • Realtor
  • Circle of Excellence
  • Coldwell Banker International President's Circle
  • Coldwell Banker President's Circle
  • Real Estate All Star
  • ERC: Employee Relocation Council
  • Certified Negotiation Specialist
  • Women's Council of Realtors

Education

University of Massachusetts, BA Elementary Education

Blog

Real Estate Update - March 2017
Real Estate Update - February 2017
Confidence In Housing Surges
Read More

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