Home Buying in Detroit : Advice

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Valleyinvest…, Home Buyer in Clarkston, MI
Valleyinvestment answered:
Foreigner looking to buy property in Detroit, purpose being rental income.
A nearby market to Detroit is the City of Pontiac, located about 35 miles north of Detroit. Values there have jumped 13.8% in the past year with property tax rates much less than Detro ... more
0 votes Share Flag A few hours ago Home Buying in Detroit
W.treffers, Home Buyer in Detroit, MI
W.treffers answered:
are these properties for sale as i am a cash buyer how long dose it take for contract to be processed and do you have to reside in the usa to purches?
HI,

It depends if you are a US citizen or a foreigner. If you are foreigner and it's your first investment it takes a while to get property on your name. Some of the things that need ... more
0 votes Share Flag Thu Feb 11, 2016 Home Buying in Grandmont-Rosedale
W.treffers, Home Buyer in Detroit, MI
W.treffers answered:
Looking to invest in Detroit MI. To start with about $150000 AUD(Approx. $108000 USD) Would first love to know the best practise process of buying etc
Hello,

We can help you find all the necessary information. My company develops turn key investments that we keep in our own portfolio and sell to US and overseas investors.

If you ... more
0 votes Share Flag Thu Feb 11, 2016 Home Buying in Detroit
Onenubian55, Home Buyer in New York, NY
Onenubian55 answered:
Are there any free grants out there that help fix up a home that you purchase?
I don't know about a free grant, but there is a loan program called HomeStyle Renovation loan you can use to renovate your home or whatever you see fit to improve your home overall cond ... more
0 votes Share Flag Tue Feb 9, 2016 Home Buying in 48239
Yosiyehuda, Home Buyer in Plantation, FL
Yosiyehuda answered:
If you purchase a foreclosed property, do you assume bank debt or tax debt? Is an inspection required by the city for building code? are you required?
if i purchase a forecloseed property in auctionin florida it may be having another deb tbeyond the judge's decision final
0 votes Share Flag Tue Feb 9, 2016 Home Buying in Detroit
CreativeRea…, Real Estate Pro in Oak Park, MI
CreativeRealEstateDeals answered:
I own my home outright with no mortgage. Ive found myself in an emergency and need 5,000 dollars preferably 10,000 to be repayed in 5 years. any help?
We offer Fast Hard Money Loans To Help Avoid Foreclosures, for Refinancing, Purchases and Private Money.

We can fund your deal in as little as 7 days. Application is fast and simple. ... more
0 votes Share Flag Thu Feb 4, 2016 Home Buying in Detroit
Amelia Robin…, Real Estate Pro in Falls Church, VA
Amelia Robinette answered:
how do i buy home owners insurance?
call an insurance agent, or several and get some quotes - they'll be able to direct you through the process
0 votes Share Flag Wed Feb 3, 2016 Home Buying in Detroit
Dan Tabit, Real Estate Pro in Issaquah, WA
Dan Tabit answered:
When is the buyer obligated to proceed with the purchase?
Eric,
I don't think you can be forced to buy a home, but you may lose your earnest money. Your contract will have contingencies and dates attached to them. If you've waived your cont ... more
0 votes Share Flag Mon Jan 25, 2016 Home Buying in Detroit
Badsha.2007, Home Buyer in Detroit, MI
Badsha.2007 answered:
is it easy to find a tenant for foreign invester like me from malaysia as there are so many vacant homes?
I am guide to every foreighn invester who's are invest his money at right ways.

I am an indian , belong from West Bengal.

Pls contact with feel free.

regards

R.Chatterji
... more
0 votes Share Flag Wed Jan 20, 2016 Home Buying in Detroit
BossLady, Both Buyer and Seller in Detroit, MI
BossLady answered:
looking for a house on fenton st, is it a safe area? good idea for long term?
The neighborhood is pretty safe. I have a house a few blocks over and the neighborhood is pretty mixed. Both black & white people a lot over 40 years of age.
0 votes Share Flag Wed Dec 9, 2015 Home Buying in 48219
Katie, Home Buyer in Detroit, MI
Katie asked:
We short sold our first home (in Livonia) after the market crashed. How long do we have to wait to get a new mortgage? Hello. We bought a home in 2005 in Livonia. by 2009, with the market crash we were way underwater and wanted to move. We rented out the home and bought a new home in 2010. In 2012 we short…
0 votes Share Flag Wed Dec 2, 2015 Home Buying in Detroit
Sally Grenier, Real Estate Pro in Longmont, CO
Sally Grenier answered:
I bought a home in an auction, the previous owners are still there, what kind of insurance do i need to get to protect my property
I think you have bigger issues than insurance. If you own the home and people are still living there, they are doing so ILLEGALLY! You need have them removed. Call the police!
0 votes Share Flag Tue Nov 10, 2015 Home Buying in 48218
Kay Lee, Home Buyer in Chicago, IL
Kay Lee answered:
how I can find any liens against property?
t's a lot easier to just use a title company, especially when it's a higher-end property that requires a major investment and you have money to spare. Before closing, you can purchase a ... more
3 votes Share Flag Thu Oct 22, 2015 Home Buying in Detroit
Dan Tabit, Real Estate Pro in Issaquah, WA
Dan Tabit answered:
I'm looking for a rent to own property as soon as possible
Andrianna,

Rent to owns are rare and even more rarely are they a good deal for the renter/buyer. The vast majority of rent to own renter/buyer's never end up buying the house. They ... more
0 votes Share Flag Thu Oct 8, 2015 Home Buying in 48237
Tony Grech, Real Estate Pro in Southfield, MI
Tony Grech answered:
I have really bad credit, but am looking to purchase a home. Does anyone know an investor who will purchase and then lease with an option to buy?
Hi Rachel

These situations are few and far between and in most cases the "investor" takes extreme advantage of the buyer by requiring a large down payment up front - which folks with ... more
0 votes Share Flag Thu Oct 1, 2015 Home Buying in 48221
garypuntman, Other/Just Looking in Los Angeles, CA
garypuntman answered:
Need a good, dependable property management company?
I'll have to look into this business. My friend is going to rent out his home and he needs to find a management company to work with. I'll have to refer him to this. http://www.vintag ... more
0 votes Share Flag Thu Sep 24, 2015 Home Buying in Detroit
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