Rochester Hills : Questions & Answers

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Dave Walker, Real Estate Pro in 48306
Dave Walker answered:
What was the selling price at 201 Sandalwood?
Kermitt,

201 Sandalwood sold for $240,000 all cash. It closed on 10/2/14.
0 votes Share Flag Tue Oct 14, 2014 Home Buying in Rochester Hills
mextra, Home Owner in Rochester Hills, MI
mextra answered:
I wanted to buy a brand new house in Rochester Hills located at Hamlin by Livernois. However, there are only 11 lots in this new neighborhood.
Please don't move there. Hamlin is ALREADY backed up like a parking lot for a mile in rush hour. Couldn't believe they'd add another sub with ONE way out if u do move there, hope u l ... more
0 votes Share Flag Tue Sep 30, 2014 Home Buying in Rochester Hills
Derek Tunison, Real Estate Pro in Clinton Township, MI
Derek Tunison answered:
Need advice on how mortgage approval process works based on credit history and Visa status
I am a Sr. Mortgage Specialist in Macomb County, MI. I would be happy to meet with you or take a brief phone application to see if we can get you pre-approved for a home loan. See bel ... more
0 votes Share Flag Thu Jul 24, 2014 Home Buying in Rochester Hills
Christopher…, Real Estate Pro in Westchester, NY
Christopher Pagli - ABR, GREEN answered:
is the area safe?
Hi, You can visit www.SpotCrime.com and www.CrimeReports.com for in-depth stats.

Chris
1 vote Share Flag Wed Mar 26, 2014 Market Conditions in Rochester Hills
Jonathon DeV…, Real Estate Pro in Rochester, MI
Jonathon DeVries answered:
Is it true that interest rates on attached condos are higher (vs detached condos)?
It depends on who will be funding the loan. All Fannie, Freddie, and government loans will have a small bump in the rate regardless of loan to value ratio. Some lenders will add more ... more
0 votes Share Flag Sat Oct 26, 2013 Financing in Rochester Hills
Jonathon DeV…, Real Estate Pro in Rochester, MI
Jonathon DeVries answered:
First Time Buyer Question
Your best option would be to look into a land contract until you can qualify for a mortgage on your own.
0 votes Share Flag Sat Oct 26, 2013 Home Buying in Rochester Hills
Sigrid Garri…, Real Estate Pro in Rochester Hills, MI
Sigrid Garrick answered:
how to find true assessment of hom?
Anthony,

Your SEV value (state equalized value ) for 2012 is 110,100. last year it was 106,620. your taxable value for this year is 102920. Rochester hills is determining that your h ... more
0 votes Share Flag Thu Jun 13, 2013 Home Selling in Rochester Hills
The Pearson…, Real Estate Pro in Michigan
The Pearson Group answered:
New condo's in Auburn Hills, Michigan. Can we get a virtual tour of what is available as we will in Michigan in September of this year.?
William,

I see several agents have offered to assist you. I would recommend that you choose a Realtor to work exclusively with who will represent you as a Buyer's Agent. We have mo ... more
0 votes Share Flag Wed Jun 12, 2013 Home Buying in Rochester Hills
Sigrid Garri…, Real Estate Pro in Rochester Hills, MI
Sigrid Garrick answered:
Should I pay cash for a house and finance later?
Cuent290,
Cash makes for a better offer. Why would you finance later. Instead of making a mortgage payment , you can use that money for anything else you like
0 votes Share Flag Tue May 14, 2013 Home Buying in Rochester Hills
Karen Paytas, Real Estate Pro in Macomb County, MI
Karen Paytas answered:
Should I pay cash for a house and finance later as I just went through a divorce as a stay at home mom and just started to work again.?
If you don't have 2 years on the job it's going to be difficult to get financing. So cash seems to be the best solution. After you've established some time on the job you could consi ... more
0 votes Share Flag Tue May 14, 2013 Home Buying in Rochester Hills
A. Charles E…, Real Estate Pro in Royal Oak, MI
A. Charles Edwards answered:
Is it possible to purchase a REO single-family home before it is officially listed on the MLS?
Ethically, no. Can it be and is it done, yes.
0 votes Share Flag Thu Apr 4, 2013 Home Buying in Rochester Hills
Rosemary Ang…, Real Estate Pro in Hastings, MI
Rosemary Anger, MCAT answered:
Property tax question for 1st time home buyer
The SEV is half the market value and yes the Taxable Value resets the next tax year to the SEV. Now...the market value is determined by the average of all good residential sales in the ... more
0 votes Share Flag Sat Mar 16, 2013 Home Buying in Rochester Hills
Russ Ravary, Real Estate Pro in Commerce Township, MI
Russ Ravary answered:
if i redeem my home for the sheriff sale amount will the mortgage company come after me for the remaining $70k difference? in michigan
The have the ability to do it, but do they.............not very often. However the second mortgage company may.
0 votes Share Flag Sun Mar 10, 2013 Home Buying in Rochester Hills
Nancy Duncan…, Real Estate Pro in Rochester, MI
Nancy Duncanson answered:
Hello, I was wondering how much it would cost just to build a ranch style house with full basement, size of home is 2300 sf. The lot is treed.
Hi Lawrence, The best person to answer your question would, of course, be a local builder. There are so many variables that you would have to talk with someone about your specific lot ... more
0 votes Share Flag Thu Feb 14, 2013 Home Buying in Rochester Hills
Sigrid Garri…, Real Estate Pro in Rochester Hills, MI
Sigrid Garrick answered:
I RENTED A PROPERTY AND ABOUT 3 MOS IN THE CEILING CAVED IN AND DESTROYED MY PROPERTY I SUED THE LANDLORD AND WON BUT HE NEVER GAVE ME MY SECURITY
Nakeeta,

All lease are not the same. We don't know what your settlement was that the judge awarded you with.

Security deposit is held by the landlord for the duration of your leas ... more
0 votes Share Flag Mon Jan 28, 2013 Rentals in Rochester Hills
The Pearson…, Real Estate Pro in Michigan
The Pearson Group answered:
In 2011 i short sold my house here in MI. we moved out of state because of work in 2010.
It is likely two years before you can be considered for another mortgage. How close are you to that time frame and have you reestablished credit? I would advise you to speak directly ... more
0 votes Share Flag Mon Jan 28, 2013 Rentals in Rochester Hills
Scott Sowles, Real Estate Pro in Rochester Hills, MI
Scott Sowles answered:
We own two residential lots in Rochester hillis MI What is the best way to sell them without going thru
I wanted to see if you've sold your lots yet? Please let me know. As one of the few Realtors that have sold vacant land recently I think I can give you something to consider.
0 votes Share Flag Sat Dec 1, 2012 Home Selling in Rochester Hills
Gregory J. F…, Real Estate Pro in Rochester Hills, MI
Gregory J. Fernandez answered:
when putting an offer in on a home, how much lower than the sale price is reasonable in todays market?
It isn't how much a seller is asking its how much the home is worth. Example: Two similiar homes in the area. One is at 200K and the second one is at 175k. The second is firm becaus ... more
0 votes Share Flag Thu Oct 25, 2012 Home Buying in Rochester Hills
Michelle Pay…, Real Estate Pro in Milford, MI
Michelle Payne answered:
Hello there, I am a serious buyer with an almost pre-approved loan. I would like to close the deal as soon as possible. Thanks, Hasnain
Hello Hasnain,

If you are still looking for a condo in Rochester Hills, I would be happy to help you. I have condos in Rochester myself and have been in most of the associations.
0 votes Share Flag Wed Oct 24, 2012 Home Buying in Rochester Hills
Michelle Pay…, Real Estate Pro in Milford, MI
Michelle Payne answered:
Average Hoax feesvforvthe area
Hi Clayton,
The HOA fees do vary, it depends on the complex. I have a condo in a complex and I pay $385 but that also includes by heat:) Read the by laws carefully before you purchas ... more
0 votes Share Flag Wed Oct 24, 2012 Home Buying in Rochester Hills
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