Home Buying in 48130>Question Details

Dave, Home Buyer in Dexter, MI

We are in the first stages of prequalification for a USDA loan and we saw a house listied online that we may

Asked by Dave, Dexter, MI Sat Jan 24, 2009

want to tour. Is it too early to start looking?

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You will want to get pre qualified then once you find the home apply for the mortgage. Lenders can probably start the process but until you know what property you want it is hard to give you real numbers. Pre qualifying will give you an idea of what price range to look for. You want to be comfortable with your monthly payments, don't forget taxes and insurance each month also. It does not take long to get pre approved. Seek a Realtor to represent you as a Buyers agent so you can have proper representation.

Good luck
0 votes Thank Flag Link Fri May 31, 2013
No, it's not to soon to look. Call me and we'll go see it. Dan Malaski at 734 329-4128, danmalaski@realestateone.com or visit my web at danmalaski.realestateone.com
0 votes Thank Flag Link Wed May 29, 2013
Absolutely not a bad idea to start looking and getting yourself familiar with the market. Find a trustworthy agent and have them start sending you listings. A sit down is always a great idea as well. However you cant do anything without the approval and if it takes a week its likely that the homes you find now may not be available. Call me I would love to help. I live in Dexter township. I am the top agent with the Edward Surovell Office for the entire 15 years I have been in the business. Experience does matter and just working with a "buyers agent" in a large team is never a good idea. Get the personal service you deserve. I will not pass you off to an inexperienced agent or an agent that is just part time. I am available anytime to chat 734-320-0959 or tammylehman@msn.com
0 votes Thank Flag Link Thu Jun 28, 2012
No, usually you can interview buyer representative and get a sense of the market. Honestly, though if you don't have an amount, you might be wasting time finding a home for which you might not qualify and then be disappointed. What we don't know is, maybe your approval is coming Monday! Call our accredited buyers agents now who are available 734-669-0337. We all live here and have been active in the Dexter market for 20 years. This is an exciting time and we are eager to help. info@KathyToth.com By the way we are having our Buyer Seminar Feb 10 th at 6:30 pm posted at http://www.KathyToth.com for location, etc.

Web Reference: http://www.guaranteeteam.com/ppt/BuyerSlideShow.html
0 votes Thank Flag Link Sat Jan 24, 2009
Dave,

Simple questions, Are you putting all your eggs in one basket depending on approval by USDA? What happens if all the funds are used since this is the easiest loan to obtain right now?

I suggest contacting other lenders, including MSHDA ( http://michigan.gov/mshda ) to see if you also qualify through them, that way if one falls through you will have a backup. The FDIC website might provide more information.
http://www.fdic.gov/consumers/loans/index.html

Missy and Kathy would be closest to you so far. Both of these agents and Derek have good online reputations.
Web Reference: http://mi-living.com
0 votes Thank Flag Link Sat Jan 24, 2009
No it is not to early to get started. USDA loans are great as Washtenaw County is all covered minus the cities of Ypsi and Ann Arbor.

I have 6 Buyer agents and one that has worked with buyers in that program many times. Let me know if you want to speak to her.

The site below is great to search on as we provide Google Maps and Google Satellite Images with each listing.
Web Reference: http://AnnArborAreaMLS.com
0 votes Thank Flag Link Sat Jan 24, 2009
Hello, Dave!

I just represented buyers who closed a USDA Rural Development loan on a property in Hamburg Township, yesterday. Are you working directly through USDA, or are you going through a broker? As you likely know, there are MANY requirements as pertains to income, qualification, property specifics, etc.

If you have any questions with the process, and/or are interested in seeing this property or any others, please don't hesitate to contact us. You can visit us online at http://www.DoorToDreams.com.

Enjoy the rest of your weekend and stay warm!


Derek Bauer, Associate Broker / Realtor
Real Estate One
Web Reference: http://www.DoorToDreams.com
0 votes Thank Flag Link Sat Jan 24, 2009
It's probably to early to make an offer, but it's never to early to study the market you are looking to buy in.
0 votes Thank Flag Link Sat Jan 24, 2009
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