Home Buying in Traverse City : Advice

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Jim Hoffman, Home Buyer in Traverse City, MI
Jim Hoffman answered:
I'm 64 years old. Will banks give me a 30 year mortgage? I'm still working, but will go on Social Security & pension in a few years.
Lefty, I have a 750 sq.Ft. Condo in Traverse City, On the Crown Golf Course. $80,000 2 Bdrm. one Bath. Much more. Pretty nice. call me if interested in Buying. Jim 231-421-5220
0 votes Share Flag Mon Jul 14, 2014 Home Buying in Traverse City
Luke Cotturo…, Real Estate Pro in Traverse City, MI
Luke Cotturone answered:
My family (husband, 2 month one baby and well trained dog) and I are looking for a rental in Traverse City. Looking to spend no more than $1300.
I'm a Realtor and I have a rental coming available in Aug. Its in Kingsley which is about 20 min to the Airport ( to give you a reference) 2400 SQ FT 4 Bed 3 Bath no garage, but storage ... more
0 votes Share Flag Mon Jun 23, 2014 Home Buying in Traverse City
Dewayne Kirk…, Real Estate Pro in 49686
Dewayne Kirkman answered:
We have a lot for sale on Deep Water Point. $38,000 is a good price don't you think?
Mark, If you want it located on Trulia, and all the other websites you will need to list your property with a realtor. That is part of what we do! We spend lots of money every year to ... more
0 votes Share Flag Thu Mar 27, 2014 Home Buying in Traverse City
Mike Cummings, Real Estate Pro in Grand Traverse County,...
Mike Cummings answered:
Can a seller up the asking price of a listed property after learning of an incoming offer?
To reiterate... A list price is not an offer to buy nor is a seller contractually obligated to sell at any price. Basically you should not have mentioned anything to the seller in perso ... more
0 votes Share Flag Tue Aug 27, 2013 Home Buying in Traverse City
Mike Cummings, Real Estate Pro in Grand Traverse County,...
Mike Cummings answered:
Is there any homes out there for a rent to own? Buying is to much and renting a place it a lot harder to find.
There are very, very few "rent to own" or lease option homes out there. Generally a contract like this is not going to any less on a monthly basis than a standard lease... You just have ... more
0 votes Share Flag Tue Aug 27, 2013 Home Buying in Traverse City
Glen Scharer, Real Estate Pro in Traverse City, MI
Glen Scharer answered:
Are there any reputable private money lenders here in the Traverse City Area?
Tanya, I think your question was not understood by the replies. There are a few Private Lenders in the area but there is a need for several more. They are not found in the ph. book or o ... more
0 votes Share Flag Sun Jun 16, 2013 Home Buying in Traverse City
jbischoff01, Home Buyer in Petoskey, MI
jbischoff01 answered:
Hello. Looking for a home on Silver Lake. Budget about $450K. Nothing currently on the market catching our eye. Know of anything we don't? Thanks.
Hi Have you found a place yet, if not get back I maybe able to help.Let me know what you are looking for ?Thanks, Jim ( jbischoff01@aol.com)
0 votes Share Flag Wed Mar 27, 2013 Home Buying in 49684
Holly Hack, Real Estate Pro in Traverse City, MI
Holly Hack answered:
I am LongLk area seller with a 3% sell fee. Im having an Open House at 1798 Fisher on Sat AM (02/16). Should I invite agents?
I have a buyer in that range, I will try and stop by...
0 votes Share Flag Tue Feb 12, 2013 Home Buying in 49685
Felicia Rand…, Real Estate Pro in Traverse City, MI
Felicia Randall answered:
If you have had a foreclosure on a home, can you get financing for a mobile/modular home for say $20,000.00 or less?
If you had a foreclosure over 3 years ago you may be eligable to purchase a new home IF you've been current on you other payments AND you have the income to cover your current debt as w ... more
0 votes Share Flag Fri Feb 8, 2013 Home Buying in Traverse City
Maria Cipoll…, Real Estate Pro in Coral Springs, FL
Maria Cipollone answered:
how to file for bankruptcy?
Your best option will be to consult an attorney specializing in bancruptcy and ask all the questions and concerns that you have on your first meeting, before you decided.

Best of Luc ... more
0 votes Share Flag Thu Oct 11, 2012 Home Buying in Traverse City
Skipsmall, Real Estate Pro in Traverse City, MI
Skipsmall answered:
Is there anything you can do when an appraisal is taking abnormally long?
Hi Katie, Someone dropped the ball here somewhere. Call your lender or have your Realtor call the lender. Lenders don't want upset Realtors just as much as their buyers. We talk and le ... more
0 votes Share Flag Sun Apr 15, 2012 Home Buying in 49686
Jim Simms, Real Estate Pro in Louisville, KY
Jim Simms answered:
We are attempting to purchase a home that is REO owned. It has been a total nightmare. We have had counless form to provide them. We are confused.
Not exactly sure I understand your question, are you buying a home from MSHDA or are you trying to use funds from them to buy an REO owned by another lender? As for proving that the mo ... more
0 votes Share Flag Thu Feb 9, 2012 Home Buying in 49684
Tony McMahon, Real Estate Pro in 20601
Tony McMahon answered:
if i want to by a house should i buy it because if i don't want to should i not?
Yes and Yes of course of course.
0 votes Share Flag Sun Jan 16, 2011 Home Buying in Traverse City
Laura Feghali, Real Estate Pro in Stamford, CT
Laura Feghali answered:
I have a client that is looking seriously at a modular home. Colonial with 2700 sq ft... Will it be less valuable than a stick built home?
Hello Dave,
We have quite a few modular homes built in my community and they are higher-end homes where there is no difference in pricing because they are modular vs. stick built. ... more
0 votes Share Flag Mon Dec 20, 2010 Home Buying in Traverse City
Rodger McCain, Real Estate Pro in Traverse City, MI
Rodger McCain answered:
where can i find the taxs and insurance cost of a $140,000 home in traverse city? Also looking for the HOA cost for the area.
Taxes in the City of Traverse City for a home valued at $140,000 (SEV=$70,000) are estimated to be $2,520/Year as a Primary home and $3,780 as a Second home. (Source: Michigan Departmen ... more
0 votes Share Flag Sun Oct 10, 2010 Home Buying in Traverse City
Matt Hodges, Real Estate Pro in Traverse City, MI
Matt Hodges answered:
Hello- My name is John. I am interested in the property at 505 Woodland TC. What are the property taxes on that parcel ? Thank you..
HI John

The Estimated taxes will be about $3,200 / yr for homestead and about $4,700 / yr for non homestead.

Please let me know if you would like more information or if you woul ... more
0 votes Share Flag Fri Apr 23, 2010 Home Buying in Traverse City
Chad Brown, Real Estate Pro in Traverse City, MI
Chad Brown answered:
Where is this property? Your website will not locate.
The property is located just south of US 31 and East Grand Traverse Bay off of Four Mile Road. If you'd like, I can send along a detailed mls sheet on this or any other property that y ... more
0 votes Share Flag Mon Feb 23, 2009 Home Buying in Traverse City
Chad Brown, Real Estate Pro in Traverse City, MI
Chad Brown answered:
How can I get out of My Purchase Agreement for my home? Lease to Own with Purchase Agrement. Michigan
Brandy,

Couldn't agree more with the advice to contact an attorney. My firm is based in Traverse City and I would be happy to provide you with the names of some solid attorneys that ... more
0 votes Share Flag Fri Feb 13, 2009 Home Buying in Traverse City
Meagan Bobier…, Real Estate Pro in Manistee, MI
Meagan Bobier Kempf answered:
Know of any good lots for sale?
Hi Jason!

I own a smaller lot with views in the area that you're looking. Send me an email or give me a call if you'd like more information!

Meagan Kempf
Coldwell Banker ALM
23 ... more
0 votes Share Flag Sat Sep 27, 2008 Home Buying in Traverse City
LEELANAU and…, Real Estate Pro in Glen Arbor, MI
LEELANAU and BENZIE REAL ESTATE.com answered:
If i am buying an REO property do I NEED a buying agent to represent me or can I just submit my bid on my
Only one answer and that is yes! Banks are not familiar with local requirements. Ex. Benzie requires a well and septic inspection....paid for by the seller!. Does this bank pay the t ... more
0 votes Share Flag Sat Nov 3, 2007 Home Buying in 49684
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