48220 : Advice

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Aaron B Lewis, Real Estate Pro in Detroit, MI
Aaron B Lewis answered:
Land Contract - Taxes, damages, and no contact?
WOW some of the advise on here is priceless... CALL AN ATTORNEY, really.

BEFORE YOU CALL an Expensive Lawyer read this...
http://www.legislature.mi.gov/documents/publications/tenant ... more
0 votes Share Flag Tue Jul 2, 2013 Home Selling in 48220
Derek Werenka, Real Estate Pro in 48220
Derek Werenka answered:
21041 Woodside Ave / 21015 Glen Lodge Rd status
Hi Jeremy. The requirements are the buyer has to make less than 37k per year and must have a credit score of at least 620. Both properties are still available at this time. Let me kn ... more
0 votes Share Flag Wed Nov 21, 2012 Home Buying in 48220
Michael Warr…, Real Estate Pro in Novi, MI
Michael Warren answered:
What is the housing market like in the winter?
Hi Jim

i would keep your options open, you never know when the right house will appear on the market.
Interest rates are currently low and Private mortgage Insurance for FHA loans m ... more
0 votes Share Flag Mon Aug 16, 2010 Home Buying in 48220
Pamala  Bava,…, Real Estate Pro in Macomb, MI
Pamala Bava, SRES answered:
Relocating to Ferndale and would like to buy an REO or HUD home.
Hi Lulu, I just happened to be on the HUD website, there are a few homes in the Ferndale area. I can check foreclosures also.


Pam Bava, Realtor
www.homesalesbypam.com
Real Livin ... more
0 votes Share Flag Wed May 26, 2010 Home Buying in 48220
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
How do I get contracts from the bank to offer the services of clean up and winterization?
Question: I'm curious; why are you asking? I posted a question along those lines at http://www.trulia.com/voices/answer/Foreclosure/Foreclosure_Cleanouts_Why_The_Big_Interest_-1960 ... more
0 votes Share Flag Tue Feb 2, 2010 Foreclosure in 48220
Kris Wales, Real Estate Pro in 48315
Kris Wales answered:
Hello, My wife and I moved back to Michigan from Florida. We are currently renting but we would like to purchase a home.. Home Buyer
Don't let the low purchase price scare you. There are many credit unions and banks that will loan for that amount, especially in Michigan. When you get answers to your questions ... more
1 vote Share Flag Wed Jan 20, 2010 Home Buying in 48220
Derek Bauer,…, Real Estate Pro in Livonia, MI
Derek Bauer, Door to Dreams... answered:
For area code 48220, what is a non-insulting (to the point that it would prohibitive to an equitable negotiation process (percentage decrease) from
Nice guy,

If you would like a market report for that zip code, email me at Derek@DoorToDreams.com, or connect through my Trulia profile. You really should be advised and guided by a ... more
0 votes Share Flag Fri Nov 13, 2009 Home Buying in 48220
B, Home Owner in Minneapolis, MN
B answered:
Can my wife purchase an investment home from me I purchased before we were married (to reduce the high interest)?
WOW, and your question showed up at Michigan. Diferrent states, different laws, better check with some one in Florida. In Minnesota, Husband is owner of property owned by wife before ma ... more
0 votes Share Flag Wed Oct 28, 2009 Home Buying in 48220
Derek Bauer,…, Real Estate Pro in Livonia, MI
Derek Bauer, Door to Dreams... answered:
RENTING FORECLOSURE
Randy,

Have you received a notification of the foreclosure sale? Once that sale occurs, it will likely be about 6 months from that date.

Pay attention to what is being posted on ... more
0 votes Share Flag Sun Oct 25, 2009 Foreclosure in 48220
Cicely Brook…, Real Estate Pro in Birmingham, MI
Cicely Brookover answered:
I am renting a home that is about to be forclosed on. How long do I have aftr the forcloseing t move.?
"About to be foreclosed on"?? Do you mean it is about to be sold by Sheriff's Deed? You will have 6mo typically after the Sale to stay in the home unless the owner make ... more
0 votes Share Flag Fri Oct 9, 2009 Foreclosure in 48220
Tony Grech, Real Estate Pro in Michigan
Tony Grech answered:
What are the interest rates you're seeing for a 30yr fixed fha loan?
If it is a standard FHA loan (not a 203k rehabilitation loan) then you could expect 4.75%-5.5% depending on the loan amount and if you are paying points or not. A 203k loan could be 1/ ... more
0 votes Share Flag Tue May 12, 2009 Financing in 48220
Pat Anderson, Real Estate Pro in Livonia, MI
Pat Anderson answered:
$100 down payment fha loan?
.HUD does have a $100.00 down payment program for their homes. This program changes from time to time and is state specific. Unfortunately, HUD does not offer this financing in Michigan ... more
0 votes Share Flag Wed May 6, 2009 Financing in 48220
Gary Smith, Real Estate Pro in Michigan
Gary Smith answered:
I am trying to get an idea of what to pay for an inspection. Does anyone know an average cost for a thorough?
MI,

Along with ASHI.com you may also try http://www.nachi.org/ not sure which is better, but both sites contain certified inspectors for Michigan. As suggested, ask lots of quest ... more
0 votes Share Flag Mon Apr 13, 2009 Home Buying in 48220
Maureen Fran…, Real Estate Pro in Birmingham, MI
Maureen Francis, Birmingham MI answered:
Can my wife be considered a new homebuyer if our current house is in my name?
Woops, I sure did mean 3 years. Thanks Sonya!
0 votes Share Flag Thu Feb 19, 2009 Home Buying in 48220
Devinsdad, Home Buyer in
Devinsdad answered:
What's a good timeline?
Im a buyer as well. As to not be confused with the pros. I just wanted to add a couple that may save you time. Ask your realtor rather they have any work relationships that will make th ... more
0 votes Share Flag Mon Jun 9, 2008 Home Buying in 48220
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