Grosse Ile : Real Estate Advice

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Private, Renter in Southgate, MI
Private answered:
I have heard that houses are being asked to have flood insurance. Any idea why this is happening now?
It's just another way for insurance companies to transform YOUR money into THEIR money.
0 votes Share Flag Sat Mar 19, 2016 General Area in Grosse Ile
michael.nett…, Home Owner in 48161
michael.netter answered:
home for sale by owner
Put house on Zillow first...
0 votes Share Flag Wed Mar 9, 2016 Home Selling in 48138
Gregory Young, Real Estate Pro in Rochester, MI
Gregory Young answered:
Can a home owner list his own home?
Yes. Go to www.MLSProvider.com Save thousands and sell like a pro!
0 votes Share Flag Wed Jan 27, 2016 Home Selling in 48138
Tony Grech, Real Estate Pro in Southfield, MI
Tony Grech answered:
I bought my house 14 yrs. ago. I had the house inspected. Nothing was said about asbestos. I am selling the house at a loss because the ceiling has
Asbestos is very common in older houses and it's not cheap to remove. I'm surprised if you paid for a private inspection that the inspector wouldn't have made some note of it. The pres ... more
0 votes Share Flag Tue May 12, 2015 Remodel & Renovate in Grosse Ile
Andy B Realt…, Real Estate Pro in Livonia, MI
Andy B Realtor answered:
My wife and I were forced to sell our home in Michigan via short sale in September 2012. At what point will we be able to finance another home?
Im not a licensed loan officer but from what i understand some lender will offer FHAor conv financing 2-3 years after short sale. possibly look into a rent with option or land contract ... more
0 votes Share Flag Fri Aug 1, 2014 Home Buying in 48138
Derek Tunison, Other/Just Looking in Clinton Township, MI
Derek Tunison answered:
I'm looking to rent a waterfront house on Grosse Ile for under $1,200 a month. 26061 West River seemed like a good deal until I met the owner/landlord
Sam,

I would search under the "Find an Agent" icon and search for a Real Estate pro in that area. I am a mortgage specialist in Macomb, and would be happy to run a quick application ... more
0 votes Share Flag Fri May 16, 2014 General Area in Grosse Ile
Kathy Persha, Real Estate Pro in Royal Oak, MI
Kathy Persha answered:
My son has been pre appoved for 250,000. He wants to buy his dad's home. His dad owe's 187,000. He has not had an appraisal done yet.
Joyce,

Both Bill and Sally have given you excellent advice. If the home is worth less then what is owed, the only way a bank will take less is by means of a short sale. A short sale ... more
0 votes Share Flag Sat Aug 3, 2013 Home Buying in Grosse Ile
A. Kay McMah…, Real Estate Pro in Grosse Ile, MI
A. Kay McMahon answered:
Hi we want to find a home on the water in Grosse Ile for a price less than 415K I was wondering if you had any advice or certain home in mind
Hi Gabby, it all depends on what type of water frontage you are looking for on Grosse Ile. If you are looking for open water, it may be a bit difficult finding something in this price ... more
0 votes Share Flag Sat May 25, 2013 Home Buying in Grosse Ile
caljensens, Home Owner in Grosse Ile, MI
caljensens answered:
interested in a home in Grosse Ile, Michigan, however; we just learned that the homeowners child commited suicide. Where can we locate information?
The child most likely did not die in the house. Most of the suicides I've heard about on the island have been outside of the home. Often in Elizabeth park or some such place.
0 votes Share Flag Mon Oct 1, 2012 Home Buying in Grosse Ile
Annette Levi…, Other/Just Looking in New York, NY
Annette Levinson answered:
fha inspection aloud to be there when he inspec the house if so there is drywall that look like is comeing down from the cealing will he make bank pay
Fha does not do inspections. If you have a 203K mortgage, they send a licensed inspector to check work otherwise it is just an appraiser to establish value.
0 votes Share Flag Fri Dec 16, 2011 Home Buying in Grosse Ile
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
bank owen will they pay for drywall that coming down from cealing plus if there a water issue fha loan who gets to take down the drywall be for i buy
Discuss with your agent, he/she can better advise; generally bank owned properties are sold as is.
0 votes Share Flag Fri Dec 16, 2011 Home Buying in Grosse Ile
Maria Morton, Real Estate Pro in Kansas City, MO
Maria Morton answered:
WERE BUYING A F H A HOME HAVE NOT SIGN PAPERS TO CLOSE YET THEY FOUND A LEAKING PIPE IN THE HOUSE IF THERE ANY REPAIRS DO THEY ADD IT TO ARE ESCROW???
The Buyer asks the Seller for repairs or financial compensation/price reduction in lieu of repairs in the Resolution of Unacceptable Conditions which is submitted after Inspections but ... more
0 votes Share Flag Mon Dec 12, 2011 Home Buying in 48138
Sharon Kemp, Real Estate Pro in GROSSE ILE, MI
Sharon Kemp answered:
Are there any small rental homes/cottages available in the summertime on Grosse Ile?
Hi. We do have a Bed & Breakfast business on the island-but no cottages. Perhaps someone at one of the marinas will rent you a berth on their boat!
0 votes Share Flag Wed Jan 19, 2011 Market Conditions in Grosse Ile
Amador C. Me…,  in Sterling Heights, MI
Amador C. Melgoza answered:
is this a regular sale?
Hello, this is Amador Melgoza from Keller Williams Realty. If You need questions answered, I'm here to help. Was there a certain property You where referring too in Grosse IIe, M ... more
0 votes Share Flag Thu Dec 3, 2009 Home Buying in Grosse Ile
1stfinagroup…, Other/Just Looking in Cheshire County, NH
1stfinagroupltd answered:
Is there a mortgagecompany out there, willing to work with low income families?
Hello

Saw your posting online. I am a private lender willing to work with you. Flexible repayment terms and a timely closing schedule.We offer at typical rates of 4.7% APR. ... more
0 votes Share Flag Thu Apr 16, 2009 Financing in 48138
smith3gary, Real Estate Pro in White Lake, MI
smith3gary answered:
after my first court date in foreclosure how much time do I have to vacate my home
Melinda,

I'm not certain where you are in the foreclosure process based upon your question. The State of Michigan has information on their website to help those facing foreclosure. ... more
0 votes Share Flag Wed Oct 29, 2008 Foreclosure in 48138
Frances Flynn…,  in State College, PA
Frances Flynn Thorsen answered:
how much time do I have to vacate my home after my first court date for foreclosure?
Your sister should contact a consumer protection attorney immediately. You can find a referral at the National Assn. of Consumer Advocates http://www.naca.net

As an alternative, nonp ... more
0 votes Share Flag Tue Oct 28, 2008 Foreclosure in Grosse Ile
smith3gary, Real Estate Pro in White Lake, MI
smith3gary answered:
How can I find out which real estate company sold the most homes in my area? It's a slow market and none of
Eileen, Trulia includes recent sales of some homes in your area within the home search. Simply select sold instead of for sale or foreclosures. I do have access to all transactions th ... more
0 votes Share Flag Wed Jul 23, 2008 Market Conditions in 48138
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