Ypsilanti : Real Estate Advice

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Sally Grenier, Real Estate Pro in Longmont, CO
Sally Grenier answered:
Im a first time home buyer, should I buy now or wait for prices to come down?
If you wait, you could be waiting a while. And by then...where do you think mortgage rates will be?? Probably higher. It's impossible to "time" the real estate market, just like it's i ... more
0 votes Share Flag Sun Apr 17, 2016 Home Buying in 48197
Becky  Drob, Real Estate Pro in Shelby, MI
Becky Drob answered:
Are there anymore downpayment assistance programs. I have been approved for an FHA loan but need a little assistance.
Yes, MSHDA FHA mortgage has a $7,500 assistance program where the funds can be used as down payment and for other closing cost. There is also a rural development program that is 0 down ... more
0 votes Share Flag Mon Jan 4, 2016 Financing in Ypsilanti
Dan Tabit, Real Estate Pro in Issaquah, WA
Dan Tabit answered:
Can I qualify for a mortgage with a 490 credit score? I also have a recent chapter 13 bankruptcy in the last 3-4 years.
Mylesyps,
Probably not. The minimum score some lenders will go down to is 580. With your chapter 13 there are steps you'll need to take to both re-establish good credit and improve ... more
0 votes Share Flag Tue Oct 13, 2015 Home Buying in 48197
Melanie Raney, Other/Just Looking in San Luis Rey, Oceans...
Melanie Raney answered:
My fiancee and I have great credit and very low income (less the $25k/year combined) right now. Can we still buy a cheap home together? How?
You can buy a home together no problem=it depends on where. Research and find good family areas
regardless of your family plans for kids. Look at attention to detail on neighborhood ho ... more
0 votes Share Flag Tue Jul 21, 2015 Financing in Ypsilanti
My NC Homes…, Real Estate Pro in Chapel Hill, NC
My NC Homes Team answered:
Is it normal for a buyer to obtain another realitor than the one that is selling?
Not only is it normal; no buyer should ever use the listing agent who is supposed to be representing the seller's best intersts
0 votes Share Flag Tue May 19, 2015 Home Buying in Ypsilanti
My NC Homes…, Real Estate Pro in Chapel Hill, NC
My NC Homes Team answered:
Septic inspection reveals city sewer available for hook-up. Does buyer or seller pay to convert septic to sewer?
It's all negotiable. Honestly unless the septic system has failed or is in some way "illegal" I do not believe the city can force anyone to hook up to the sewer system. If for some reas ... more
0 votes Share Flag Tue May 19, 2015 Home Buying in Ypsilanti
Chris Mueller, Real Estate Pro in ANN ARBOR, MI
Chris Mueller answered:
I am looking to sell my mother-in-laws house for a cash sale. It needs repair and I need to find the proper type of realtor for this?
Paula,
I am a cash buyer. If you are still trying to sell your mother-in-law's house, give me a call. 734.217.4300. I realize this thread is several months old, hopefully you've alrea ... more
0 votes Share Flag Tue Apr 21, 2015 Home Selling in Ypsilanti
Uptowndave, Home Buyer in Azle, TX
Uptowndave answered:
i haven't file taxes in 2 years, income 73,000/yr, i probably owe federal& state. can i purchase a house sending $ monthly the irs? monthly
I'm kind of in that same boat. The IRS hasn't contacted me yet, but I also want to buy a house and I have the cash to pay for it in full. Would I be safe to buy a house and th ... more
0 votes Share Flag Sat Apr 11, 2015 Home Buying in Ypsilanti
John A Goetz, Real Estate Pro in Ann Arbor, MI
John A Goetz answered:
Hello, could you please tell me something about the rental price trends in Ypsilanti?
Rent rates have definitely stabilized in the city but we're still seeing a lot of variance outside in the townships. On average rents start around $300+ per bedroom for a multiple bedr ... more
0 votes Share Flag Wed Mar 18, 2015 Market Conditions in Ypsilanti
John A Goetz, Real Estate Pro in Ann Arbor, MI
John A Goetz answered:
how is the quality of the neighborhood?
What specifically would you like to know? Quality is a rather subjective term, perhaps expending a bit would help me out.
0 votes Share Flag Thu Feb 12, 2015 Market Conditions in Ypsilanti
Rollin Gosney, Real Estate Pro in Youngstown, OH
Rollin Gosney answered:
If a home says it is eligible for Homepath financing, can I use FHA to purchase the home? Don't know if it matters, but I am in Michigan.
Homepath financing has many benefits you should consider prior to choosing fha. First is that fha has pmi if you do not have 20% down, Homepath has no PMI. 3% down on Homepath, min 3.5 ... more
0 votes Share Flag Thu Nov 6, 2014 Financing in 48197
Lisa Foster, Real Estate Pro in Orlando, FL
Lisa Foster answered:
I am buying a property through a Fannie Mae Homepath Renovation loan. Fannie Mae is not fixing issues that prevent the title transfer; what to do?
If the Title is not able to be transferred to a new owner you should consider either cancelling your contract or simply understand you may be waiting a long time for the Title to clear. ... more
0 votes Share Flag Wed Jul 30, 2014 Home Buying in Ypsilanti
Rodion Stoly…, Real Estate Pro in Novi, MI
Rodion Stolyar answered:
Can you legally rent out your home in a township that requires a landlord license and inspection? Ypsilanti Township, MI
I agree with Margo. Usually the township will require inspections for safety of the tenants.
0 votes Share Flag Thu Apr 10, 2014 Investment Properties in 48197
David Palmer, Real Estate Pro in Ypsilanti, MI
David Palmer answered:
how is resale in ypsilanti?
The average days on market for listings in Ypsilanti and Ypsilanti Township range from 31 to 54, depending on the time of year.
0 votes Share Flag Thu Mar 13, 2014 Market Conditions in Ypsilanti
David Palmer, Real Estate Pro in Ypsilanti, MI
David Palmer answered:
ann arbor state street
Greetings! What questions do you have about 8312 Lakeview Drive?
0 votes Share Flag Thu Mar 13, 2014 Market Conditions in Ypsilanti
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