48843 : Questions & Answers

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Derek Tunison, Real Estate Pro in Clinton Township, MI
Derek Tunison answered:
Getting a home loan with low credit?
I am a mortgage specialist in Macomb, I have a lender that will lend down to a 500 credit score for a FHA loan. I am also local and would be happy to meet you in person. If you are in ... more
0 votes Share Flag Thu May 15, 2014 Credit Score in 48843
Johnathan Du…, Real Estate Pro in Brighton, MI
Johnathan Dunn answered:
How is Lender's Title Insurance handled as a closing cost?
When buying a home with a mortgage, there will be two Title Insurance policies put in place by the title company. One is the buyer's policy which is generally accepted to be a seller c ... more
0 votes Share Flag Thu May 8, 2014 Financing in 48843
Bob Witt, Real Estate Pro in Livingston County, MI
Bob Witt answered:
looking for info on 237 N National St, Howell Mi. The Howell city site shows thats in foreclosure. Would love to have this house.?
If you have the time to wait, there is another house in that neighborhood that is in their redemption period (6 months after sheriff sale). If they are not able to redeem, it will be on ... more
0 votes Share Flag Sat Jun 29, 2013 Home Buying in 48843
Robert Campb…, Real Estate Pro in Howell, MI
Robert Campbell answered:
Were pre-approved and now not?
Keep shopping around for other lenders. Work hard to get your score, and if you have cash to put down that helps.
0 votes Share Flag Sat Jun 1, 2013 Home Buying in 48843
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
How helpfull do you find Trulia to be for your business compared to other options you could use?
I actively answer questions here, and have been doing so for several years......it has generated business for me, so............I find Trulia (and my efforts) to be very helpful!
0 votes Share Flag Wed Dec 26, 2012 Home Selling in 48843
Robert Smith, Real Estate Pro in Brighton, MI
Robert Smith answered:
any program to acquire property to rent snf fix up ,low down for super good credit older man.want fixer upper. b
Generally, fixer uppers won't qualify for any loans except a rehab/renovation loan. Homepath loans are good but you'd have to qualify for a conventional mortgage (higher credit score). ... more
0 votes Share Flag Fri Nov 30, 2012 Remodel & Renovate in 48843
Eric Michael, Real Estate Pro in Livonia, MI
Eric Michael answered:
I do not have, at the age of 61, any credit. I owe no one.
It's not the mortgage person, it's the investors. you don't have any history of making payments on time (because you never used credit), so they have nothing to go on to know if you'll ... more
0 votes Share Flag Sat May 5, 2012 Home Buying in 48843
Sonya Loose, Real Estate Pro in 48612
Sonya Loose answered:
How much has the average house decreased in value in the last 2.5 years in Michigan
Hi Joe, real estate is very local...here in my area of Michigan (Gladwin and Clare County) real estate has been relatively stable for the last 2 years...we saw an overall slight decreas ... more
1 vote Share Flag Mon Apr 16, 2012 Market Conditions in 48843
Gabriel Palo…, Real Estate Pro in Pompano Beach, FL
Gabriel Palotas answered:
How much has the average home value decreased in CA over the last year?
Value is an estimate of a consensus of opinion from region to region. The sum is more likely to be the result of the calculation of the risk facing the average purchaser who is ... more
0 votes Share Flag Tue May 10, 2011 Market Conditions in 48843
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