Home Buying in Southfield : Advice

change location

cancel or

Activity

101
Sharon Felton, Real Estate Pro in Nashville, TN
Sharon Felton answered:
What is a walk score?
A walk score helps to identify how crucial having access to a car or bus or other public transportation is for that particular home or neighborhood. If lots of amenities (grocery, drug ... more
0 votes Share Flag Thu Apr 17, 2014 Home Buying in Southfield
tommyj.brutis, Both Buyer and Seller in Southfield, MI
tommyj.brutis answered:
how southfield property taxes compare to other cities in Michigan?
Southfield is over priced when one considers the demographic shift and the uprising ghetto element.
0 votes Share Flag Sat Apr 12, 2014 Home Buying in Southfield
Randy & Vicki…, Real Estate Pro in Punta Gorda, FL
Randy & Vicki Biehl answered:
if you buy a home that has unpaid property taxes is it your responsiblity as the new owner or the responsible of the last owner?
Since all past due property taxes in Florida are a lien on the title any lien must be paid before the title transfers and is normally taken care of on the HUD statement by the seller an ... more
0 votes Share Flag Fri Mar 28, 2014 Home Buying in Southfield
Ej Joier, Home Buyer in Ferndale, MI
Ej Joier answered:
after the pre-approval letter, offer is made and accepted, inspections have been favorable what may cause the deal to fall through?
Hi,

Free Home Buying Program - Through a collaborative partnership with other non-profits and private and public entities, we are able to assist credit-challenged families secure mor ... more
0 votes Share Flag Mon Mar 17, 2014 Home Buying in Southfield
Belinda CIPK…, Real Estate Pro in 48134
ARE YOU THINKING ABOUT MOVING OR SELLING IN SOUTHFIELD, GIVE BELINDA A CALL 248 991 5760CHEC ME OUT AThttp://www.trulia.com/profile/b-cipkowski-recommended-agent-brownstown-township-mi-8327473/ Read more
No comments Be the first to Comment
Clayton Neal, Real Estate Pro in Southfield, MI
Clayton Neal answered:
My question is it possible for us to now get approval for a FHA loan with an 580 still ?
Great question! It really depends on your personal situation and your debt-to-income ratio. Sounds like you are getting things on the right track. I would love to discuss more in det ... more
0 votes Share Flag Wed Jan 8, 2014 Home Buying in Southfield
Haig Istambo…, Real Estate Pro in Michigan
Haig Istamboulian answered:
After your bankrutpcy has been discharged can you purchase a home that has been foreclosed on, or do a rent with option to buy property?
Hello,

The answer to your question is yes you can do either. If you are not paying cash, and you would like to finance the purchase, you will still have to qualify for a mortgage. Th ... more
0 votes Share Flag Sat Nov 16, 2013 Home Buying in Southfield
Nakia Muhamm…, Real Estate Pro in Southfield, MI
Why buy a home?  What makes it so much better than renting a place to live? Of course, as a real estate company, we make money when people buy or sell homes using our service, but it actually makes… Read more
Blogged Fri Nov 8, 2013 by Nakia Muhammad Home Buying Home Ownership
Brian Nguyen, Real Estate Pro in Mission Viejo, CA
Brian Nguyen answered:
will mohave state bank finance with a 580 credit score?
That credit scores is right on the border. The lowest credit scores lenders like myself are able to do, is a score of 580. So us lenders would be able to give you a loan if your other f ... more
0 votes Share Flag Fri Nov 8, 2013 Home Buying in Southfield
Jared&Amanda…, Real Estate Pro in Fort Wayne, IN
Jared&Amanda Christiansen answered:
I am in the middle of my bankrutpcy and I want to get into a home my lease is up in November, can I get a mortgage for a home I have no money down!
No. You can't get a mortgage at this time. I would talk to a local lender and discuss your options for the future and how to become a strong buyer, but at this point I would start loo ... more
1 vote Share Flag Wed Oct 30, 2013 Home Buying in Southfield
Annette Lawr…, Real Estate Pro in Palm Harbor, FL
Annette Lawrence answered:
what is the average cost of the closing cost for a house costing $35,000.?
Since it is highly unlikely a loan can be obtained for that amount through a conventional lender, you will be making a cash purchase. As Brian indicated, your costs are small a few hun ... more
0 votes Share Flag Tue Oct 22, 2013 Home Buying in Southfield
Tony Grech, Real Estate Pro in Michigan
Tony Grech answered:
How long does it take for appraisal?
Yes it does depend.

Your loan officer doesn't really have control over who performs the appraisal and the law only permits limited contact with the appraiser, although following up ... more
0 votes Share Flag Fri Oct 11, 2013 Home Buying in Southfield
Melissa Goss, Real Estate Pro in Center Moriches, NY
Melissa Goss answered:
We need HELP! Our credit score is 580. We want a house! We are first time home buyers. We want a FHA loan with down payment assistance.
There is no such thing as down payment assistance on an FHA loan- unless of course if you mean a friend or family member who can cough up the cash. You will have to- out of your own fun ... more
0 votes Share Flag Fri Sep 27, 2013 Home Buying in Southfield
Brandon Fren…, Real Estate Pro in Clarkston, MI
Brandon French answered:
Is there a way around debt/income ratio to finance a 2nd home? I'm leasing my home out and I'm leasing elsewhere. Not interested in selling.
Hello,
Your best bet is to talk to a good loan officer and I can recommend a couple really good lenders if you are interested. Please feel free to contact me for their contact info and ... more
0 votes Share Flag Thu Sep 26, 2013 Home Buying in Southfield
Brian Nguyen, Real Estate Pro in Mission Viejo, CA
Brian Nguyen answered:
Would I qualify for a FHA loan? Credit score bet 580-600, no repos, foreclosures, but has a default loan and a tax lein from 2006.
I think it is possible to qualify but it will be hard and your may not get the best rates. Most lenders may want a minimum credit score of 620, but some may go as low as 580 and others ... more
0 votes Share Flag Thu Sep 26, 2013 Home Buying in Southfield
Brandon Fren…, Real Estate Pro in Clarkston, MI
Brandon French answered:
Approved for 75,000.00 how can I get approved for more house? Spouse makes good money with bad credit
Hello,
Your best bet is to talk to a good loan officer and I can recommend a couple really good lenders if you are interested. Please feel free to contact me for their contact info and ... more
0 votes Share Flag Thu Sep 26, 2013 Home Buying in Southfield
Brandon Fren…, Real Estate Pro in Clarkston, MI
Brandon French answered:
i have a foreclosure from over 3 years ago. Credit is 600. Can i buy a Homepath. FannieMae. home?
Hello,
There are a lot of new opportunities for people in your situation. I can recommend a lender for you to talk to and I can help you put an offer in on a home-path home when you ar ... more
0 votes Share Flag Thu Sep 26, 2013 Home Buying in Southfield
Brandon Fren…, Real Estate Pro in Clarkston, MI
Brandon French answered:
If we have 20 percent down for a home priced at 35,000 but our credit score is 580 -600 - is it likely that we will be denied financing?
You can ask the home owner to do a land contract. You can talk to a local lender like a credit union. I can help you put an offer together if you would be interested. Good luck!
0 votes Share Flag Thu Sep 26, 2013 Home Buying in Southfield
Jessica Bate…, Real Estate Pro in Los Angeles, CA
Jessica Bateman answered:
Fannie Mae home coming in at 25680 less than purchase price Help
I work with a lot of people that need approval for Fannie Mae if anyone can get you a loan they can, their service is free.
0 votes Share Flag Mon Jul 22, 2013 Home Buying in 48034
Rudy R. McDo…, Real Estate Pro in Bloomfield Hills, MI
Rudy R. McDowell answered:
Already have home lone @ 70k use as rental property credit score 665 can I take out another lone for 110k or should I do a short sale on the property
Hi, Lanette. Yes. So long as you can qualify with both payments.
0 votes Share Flag Sun Jul 14, 2013 Home Buying in Southfield
1 2 3 4 5
Search Advice

Followers

265
Email me when…

Learn more

Meet the Trulia VIPs
Evduza & Inside..., Broker in Sylvan Lake
Evduza & Inside...
Broker
Sylvan Lake
Ron Jasgur, Managing Broker in Southfield, MI
Ron Jasgur
Managing Broker
Southfield, MI
Home > Michigan > Oakland County > Southfield > Home Buying in Southfield
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer