48221 : Real Estate Advice

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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
Erica Blackw…, Real Estate Pro in Utica, MI
Erica Blackwell answered:
Who owns 18272 Parkside?
This property was acquired by a non-profit corporation in April of this year.
0 votes Share Flag Sat Jul 4, 2015 Home Buying in 48221
Gwendolyn We…, Real Estate Pro in St Clair Shores, MI
Gwendolyn West-Gonzalez answered:
does anyone know if owner/agent for 17305 Muirland is willing to do a lease with an option to buy.?
Good morning Rachel -

Although this home is not available on lease with option to buy terms, there are many homes available for lease with option to buy or land contract. Please vis ... more
0 votes Share Flag Mon Apr 6, 2015 Home Buying in 48221
Gwendolyn We…, Real Estate Pro in St Clair Shores, MI
Gwendolyn West-Gonzalez answered:
My credit is really bad and I am trying to get a mortgage. Are there any companies that do a loan for a low credit score?
Hello Rachel -

Although you may not be able to get financial assistance from a bank, it is not impossible to own your own home. If you have at least $5000 cash you can buy a home o ... more
0 votes Share Flag Mon Apr 6, 2015 Home Buying in 48221
Gwendolyn We…, Real Estate Pro in St Clair Shores, MI
Gwendolyn West-Gonzalez answered:
Hi, Can I get a home loan for about 50k or less, I filed bankruptcy last year due to a car accident. I make 60k a yr. Kept my rental lease& car note.
Good morning -

I work with a lender that have several different programs that have different requirements including bankruptcies, defaults and judgments that is less than 2 years. ... more
0 votes Share Flag Mon Apr 6, 2015 Home Buying in 48221
Gwendolyn We…, Real Estate Pro in St Clair Shores, MI
Gwendolyn West-Gonzalez answered:
Is a 602 credit score acceptable for fha?
Good morning -

I work with a lender that have several different programs that required different credit scores but for sure we can go as low as 590 but depending on your history; th ... more
0 votes Share Flag Mon Apr 6, 2015 Home Buying in 48221
Gwendolyn We…, Real Estate Pro in St Clair Shores, MI
Gwendolyn West-Gonzalez answered:
Does any one offer rent to own?
There is many homes in Southeastern Michigan that are available for lease with option to buy. If you are looking in the Detroit Market please contact me at gwest@kw.com to schedule a m ... more
0 votes Share Flag Tue Dec 30, 2014 How To... in 48221
Gene Carlson, Home Buyer in Royal Oak, MI
Gene Carlson answered:
What does buyer to assume c of o mean when buying a home in Detroit, MI with a quit claim deed? How much is a warranty deed?
You must have the home inspected by the city to get the C of O and they will require you to make repairs so the property is up to standards and habitable. I think it is $350. Its reall ... more
0 votes Share Flag Sat Sep 6, 2014 Home Buying in 48221
Nesahn Robin…, Real Estate Pro in SOUTHFIELD, MI
Nesahn Robinson answered:
Looking for a Realtor to help me find sort out the best value in Palmer Woods, Sherwood Park, Golf area.
I would love to assist you with finding your next Home. Just give me a call and Remember"Your Next Home is Within Reach".


1313 778-4014 Mr. Robinson
0 votes Share Flag Thu Jun 19, 2014 Home Buying in 48221
Mike, Home Buyer in Detroit, MI
Mike asked:
How much is this worth now? I own a property at 1825x Pinehurst, Detroit 48221. Recently repainted. Tenanted for $800 until end Mar 2015. Also replace a new furnace. How much is property worth now?
0 votes Share Flag Fri Apr 18, 2014 Investment Properties in 48221
Haig Istambo…, Real Estate Pro in Madison Heights, MI
Haig Istamboulian answered:
What action should a owner take for a property under management but still got vandalized? what authority should owner to persue help? or protection?
Hello,

The bottom line is that the property is owned by you and ultimately it is your responsibility to make sure everything is managed correctly. Having a house vandalized is very c ... more
1 vote Share Flag Thu Apr 3, 2014 Market Conditions in 48221
Ashley Hamil…, Real Estate Pro in Detroit, MI
Ashley Hamilton answered:
Hi all! I need a general contractor to do some rehab work on houses in the detroit metro area. Is there someone you could recommand? Thank you
If you need a Realtor I will be more than happy to work with you.
0 votes Share Flag Tue Jan 14, 2014 Remodel & Renovate in 48221
Betty Waweru, Real Estate Pro in Detroit, MI
Betty Waweru answered:
Looking for short sales in the University District, North Rosedale Park, or Sherwood Forest. Would be great if a realtor could assist me.?
Do a look up on the zip codes 48221 (university district) starts from mcnicols, livernois and ends around 8 mile I think. Look up North Rosedale park it is in 48223/48219 zip code. Lo ... more
0 votes Share Flag Sun Dec 15, 2013 Home Buying in 48221
frommetou4, Home Buyer in Detroit, MI
frommetou4 answered:
looking for a land contract rent to own in Sherwood forest or University District. If there is any realtor that can assist that would be wonderful.
Thank you Charlene I will call. To Bob we have $10,000 down and looking for no more than $1,500. month. Thank you
0 votes Share Flag Tue Jun 18, 2013 Home Buying in 48221
Sandra Reed-…, Home Buyer in Farmington Hills, MI
Sandra Reed-gibson answered:
I'm looking for an investor to purchase a home in the Detroit area zip code 48221 then land contract the home to me and my family.
Landcontractdetroit@gmail.com has the solution you are looking for, call and ask for Sandra Reed-Gibson, today 313-971-3371 We have buyers looking to invest in the 48221 zip code
0 votes Share Flag Tue Apr 16, 2013 Home Buying in 48221
Sandra Reed-…, Home Buyer in Farmington Hills, MI
Sandra Reed-gibson answered:
We found a home in Normandy Park, WA but got caught up in the foreclosure/bad loan mess, & won't qualify & don't have 20% down.
Email LANDCONTRACTDETROIT@GMAIL.COM
They have the answer to Land Contracts in Detroit. It's only 10% down and they will help you. Call Sandra Reed-Gibson for assistance at 313.971.337 ... more
0 votes Share Flag Tue Apr 16, 2013 Home Buying in 48221
Joe Bertera, Real Estate Pro in Plymouth, MI
Joe Bertera answered:
who is responsible for C of O in a short sale in Detroit MI?
It would depend on how your purchase agreement was written up. You should consult your Realtor.
0 votes Share Flag Thu May 10, 2012 Home Buying in 48221
Karen Paytas, Real Estate Pro in Clinton Twp, MI
Karen Paytas answered:
how can I find out who owns 17563 Ohio, 48221? It is just a frame and has been empty since 10/01/2010.
Fannie Mae currently owns that home.
1 vote Share Flag Mon Feb 14, 2011 Home Buying in 48221
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