Hi J, it is most definitely a bid. When more than one offer comes in the banks come back with "highest and best". They will do this if the property has 1 other bid or 20.
One thing to keep in mind is that the bank has already done their appraisal from a local agent, called a BPO. (Broker Price Opinion). In Ann Arbor and most of Washtenaw County the homes are selling AT or ABOVE asking price.
Let me know if you further questions.
Kristan from Trulia here. Unfortunately, we didn't get enough information to solve the issue, but if you can please provide us with more information by calling 888-466-3501 or emailing email@example.com, we will certainly be able to assist you.
We hope your experience with Trulia is memorable and thank you for using Trulia for your real estate needs.... more
Have there been several breaking and enterings?This question was asked from http://www.trulia.com/property/3113076267-1642-Weatherstone-Dr-Ann-Arbor-MI-48108?ecampaign=con_day_propertysearchforsale_bk&eurl=www.trulia.com%2Fproperty%...
No, this property is under contract to be sold. If you'd like a list of the condos in and around that area that are available just respond or email me at firstname.lastname@example.org. We're happy to help or answer any questions you may have. -Maryann & Michael Ryan... more
Most likely Continue to Show. Sounds like it has an offer on it already but they will take a back up offer.
Your agent should be able to explain this better since I'm not a member of the Ann Arbor MLS>
Karen Paytas, GRI, CMS
Real Living Kee Realty
I'll throw my hat in, I'm with the largest firm in Ann Arbor and often I hear about listings before they are uploaded into the MLS. I'm a buyer's agent with the Marygrace Liparoto team and I have the patience to work with first-time home buyers.
Give me a call anytime.
You need to speak with a lender. There will be cost associated with a loan, but there are also different loan options that may allow you to roll the cost into the loan. A lender will be able to explain the options that are available to you based on your financial situation.... more
To answer your question, YES the condo does have an association. The monthly dues are $190.00. The condo is currently listed at $139,900.00 and is still listed as ACTIVE, an offer has NOT been accepted on this yet.
Please contact me if you have any interest in viewing this property or if you need anything else.
Unfortunately you're not in a profession where your offer letter is pretty much a guarantee. Physicians and Attorney's usually are allowed to start before their first day with just an offer letter (in some cases, the first day) because those offers are usually a guarantee and this is the norm for those professions.
Until you can produce a month of pay stubs, you'll have a hard time closing with anyone (you could still take application before, you just can't close). If your wife can go solo on the loan, you could run with it now but of course you'll have to decide what's best your family.... more
There are not too many lenders in the market lending on land. And more than likely, they will require much more than 20% downpayment. My best bet is look online, for the very few lenders that still takek risk on vacant land.
Interest Rates are also a reflection of the risk that an entity is willing to take. So, for anyone serious to give you relevant information, would have to take a complete application, to see the four factors of analysis: Credit, Income/Employment, Assets and Collateral. With this information, they should be able to determine, LTV, DTI, and other risk indicatives.
Good Luck.... more
Yes there are areas which include both students and older folk. Some are close to campus (N. Burns Park,untenured Burns Park, the apartments just N. of Medical campus on the Huron, and a couple of others come to mind.) Shopping is limited and expensive anywhere around campus. As you move west toward the downtown and past it the balance tips toward nonstudents, fewer rentals no less expensive but one has somewhat more shopping options with the farmeers market and Kerrytown. West past the downtown one is in an area of far fewer rentals, very nice. Ann Arbor has excellent bus service and some of the periferal areas can offer lower prices, walking to shopping centers and lower costs, some excellent large public parks are further out (I'm talking 3-5 miles from campus, really not far at all). There are many options but everything in Ann Arbor flows outward from the UofM central campus and the closer you are the more it will cost. If I were looking I'd look at an area in the NE- Geddes Lakes Condos. It has good bus service to campus 3m away, the best grounds and ammenities of any complex at any price, an international mix of residents of different ages, 1m to shopping along Plymouth Rd. That's were I would want to rent. Bob Eckstein Howard Hanna Real Estate Services - more important- resident pretty steadily since 1962... more
To answer your question, I would not give cash. I would go and get a Cashier's Check for the amount you need. You need to have a paper trail and proof of what you have paid, you can't prove you gave someone cash in case they deny receiving it.
Go and get a Cashier's Check.
I hope this helps,
There is very little to rent in Ann Abror right now. Your request is very unusual and i can not think of any space in Ann Arbor that could fit your needs. To live in and run a business out of is tough too. i am thinking...... more
The Realtor MLS has this cabability but I cannot say all the public sited offer Schools as a search criteria. Also, out-of-town brokers do not have the ability to select specific schools in their listings.
I am happy to help if you would like to contact me.
Prudential Snyder & Company
734 649-2710... more