Southgate : Real Estate Advice

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Ashayota, Home Buyer in Detroit, MI
Ashayota answered:
down payment and closing cost
FHA is 3.5% down payment ($4,690) plus taxes and insurance escrow. We do have some options with $0 down payment depending on where the home is located. Feel free to reach out to me an ... more
0 votes Share Flag Thu Jan 14, 2016 Home Buying in Southgate
tim comstock, Renter in Riverview, MI
tim comstock asked:
Looking for a great rental property by March 2015 Hello, current renter in Riverview. My family and I are looking for a new rental or maybe even a lease with option to buy. Looking within Southgate, Riverview, Wyandotte. I have posted a…
0 votes Share Flag Mon Dec 29, 2014 Home Buying in Southgate
Derek Tunison, Other/Just Looking in Clinton Township, MI
Derek Tunison answered:
What do i have to do to buy a home and get a loan?
Andrea,

My name is Derek Tunison, I am a Mortgage Specialist in Macomb County, Michigan. I would be happy to help you obtain financing for a home. The first step would be to apply ... more
0 votes Share Flag Mon Nov 3, 2014 In My Neighborhood in 48195
Kris_shawna, Home Buyer in Farmington, MI
Kris_shawna asked:
Shawna, Looking for land contract homes in southgate/allen park down payment 10k-20k. I need to be directed to someone who will help me and my family. Looking to move by February 2015. Very frustrated on my search and working with agents who won't communicate with me. Can someone be of assistance and direct me in the right way. Thanks…
0 votes Share Flag Tue Oct 21, 2014 Home Buying in Southgate
Dan Tabit, Real Estate Pro in Issaquah, WA
Dan Tabit answered:
I have bid on a short sale home in southgate sellers agreed bank has been sitting on for 2 months should I just move on at this point.
Snerowski,
2 months is not enough time and you should have been warned about this up front. 3 to 9 months is common and short of having top pros representing both you and the seller, ... more
0 votes Share Flag Mon Sep 15, 2014 Home Buying in Southgate
Andy B Realt…, Real Estate Pro in Livonia, MI
Andy B Realtor answered:
I am looking for a possible land contract in Allen Park, Trenton or Southgate cant purchase until early next year due to a CAIVR date issue.
I have some land contracts currently available in that area, We also have investors that will BUY a home of your choice and sell back on land contract depening on the area and down paym ... more
0 votes Share Flag Fri Aug 1, 2014 Home Buying in 48195
Chris Murphy, Real Estate Pro in Dearborn Heights, MI
Chris Murphy answered:
Any land contracts available in Southgate, Riverview, Trenton, Brownstown, or Woodhaven?
16722 CAMERON Street, Southgate 48195-2116 is willing to do a lease with option to buy if a land contract doesn't work for you
0 votes Share Flag Fri Jun 20, 2014 Home Buying in 48195
Keith Jean-P…, Real Estate Pro in East Brunswick, NJ
Keith Jean-Pierre answered:
I want to cancel my listing - but HOW do I do it?
I am sorry but I do not understand your question. Is you home just on this website or do you have a listing agreement with an agent? If it is with an agent you need to speak to that age ... more
0 votes Share Flag Thu Jun 19, 2014 Home Buying in Southgate
Carl Dingled…, Other/Just Looking in Monroe, MI
Carl Dingledine answered:
What is the process of buying a HUD home?
Tim,

First thing you need to do is get prequalified for a mortgage. I am a lender in Wyandotte MI. and could do this for you over the phone. I have agents I work with that specialize ... more
0 votes Share Flag Tue Nov 12, 2013 Home Buying in Southgate
Jessica Bate…, Real Estate Pro in Beverly Hills, CA
Jessica Bateman answered:
Bad Credit Mortgages
You can get an FHA loan with under a 600 middle score with some lending institutions but not many. I would recommend finding a broker or service to help you locate a reputable lender th ... more
3 votes Share Flag Thu Aug 1, 2013 Home Buying in 48195
Karen Yunck, Real Estate Pro in Birmingham, AL
Karen Yunck answered:
Anyone honestly know where we can go to find Rent/Lease to own homes in the area?
Elizabeth,
I know a house in Riverview that is coming on the market soon that the seller might consider that option. How big of a house are you looking for?

Karen Yunck
Keller Will ... more
0 votes Share Flag Sun Jul 28, 2013 Rent vs Buy in Southgate
kevinmckay35, Renter in Dearborn Heights, MI
kevinmckay35 answered:
are there any single family homes ho Hopkins st between Gully and westlale?
I want to rent not buy by48125
0 votes Share Flag Fri Jul 26, 2013 Rentals in 48195
Tim Moore, Real Estate Pro in Kitty Hawk, NC
Tim Moore answered:
what are the key features of short sales & how would the buyer benefit from this method (assuming they do)?
With poor credit you will have a tough time getting a loan from any lender and to buy property, without cash, you will need a loan. Find out first if you can get a loan and for how much ... more
0 votes Share Flag Tue Dec 25, 2012 Home Buying in 48195
Tina Davis, Home Buyer in Middleburg, FL
Tina Davis answered:
I am awaiting approval on a short sale through GMAC. They have all the req'd paperwork and have ordered the BPO. How much longer can I expect to?
just wondering how this turned out ..as I am now going through this process strating 10 -3-12 any timeline or info, Gabby that would be helpful to us?
Thanks Tina
0 votes Share Flag Fri Oct 26, 2012 Home Buying in 48195
Jim Simms, Real Estate Pro in Louisville, KY
Jim Simms answered:
Can a homeowner underwater still sell his house at any price without notifying the bank? How can a bank reject a pre-approved buyer?
The seller can do whatever they want but if they sell the home for less than what is owed they must be prepared to pay the difference unless the bank agrees to accept less than full pay ... more
0 votes Share Flag Tue Jun 5, 2012 Home Selling in 48195
Tonic, Home Buyer in Southgate, MI
Tonic answered:
I previously asked if I could sell my home on a land contract with an existing mortgage on the property, thanks to all for the helpful answers. It
where is the home you are looking to sell/rent to own? I know someone looking and I can refer you to someone who may be able to legally answer your questions.
0 votes Share Flag Tue Nov 15, 2011 For Rent in 48195
Derek Bauer, Real Estate Pro in South Lyon, MI
Derek Bauer answered:
Can I roll the 3% down into the loan, or do I have to have the cash already?
Actually, the 3.5% gift for a downpayment must come from a family member ... and the maximum seller contributions toward closing costs, pre-paids, etc. for an FHA loan is 6% of the sale ... more
0 votes Share Flag Sun Sep 4, 2011 Home Buying in Southgate
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