Home Buying in Royal Oak : Questions & Answers

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Rex Berkeley, Real Estate Pro in 48067
Rex Berkeley answered:
I am currently in negotiations of purchasing a condo in Royal oak, Michigan and was wondering if 330.00 is to much to pay for association fees?
Hi Matt,

I am very familiar with Royal Oak condos and this price seems to be right. I have seen some other units with higher fees.

Good luck with your purchase!

Rex Berkeley
K ... more
0 votes Share Flag Wed Jul 16, 2014 Home Buying in Royal Oak
Jennifer Fiv…, Real Estate Pro in Red Hook, NY
Jennifer Fivelsdal answered:
If an agent shows me a home, am I bound to that agent? What if a different agent wants to show me same home.?
if you signed a Buyer's Agency Agreement with the first agent and then look at the property with a second agent you would be liable. for the commission to the first agent if you purcha ... more
0 votes Share Flag Fri May 30, 2014 Home Buying in Royal Oak
autumnschild…, Home Buyer in Royal Oak, MI
autumnschild531 answered:
Royal Oak Township city is in financial distress. How will this effect people looking to buy a home there? Look elsewhere? Concerned. Thanks
Royal Oak Township has nothing to do with Royal Oak other than the township changed their name to that a while back. They are as different as night and day.
0 votes Share Flag Sun May 11, 2014 Home Buying in 48073
Joseph Delia, Real Estate Pro in Rochester Hills, MI
Joseph Delia answered:
Is there a demand for rental properties in Royal Oak area?
Yes. Rental market in royal oak has always been strong and will remain so.
0 votes Share Flag Mon Mar 24, 2014 Home Buying in Royal Oak
Lori Calzadi…, Real Estate Pro in 48076
Lori Calzadillas answered:
What are the going rental rates for the Tiffany, Allenhurst Ave, and E Parent area condos?
Oh, you have good taste...
Condo's on E Parent have been leasing for $1,750 to $1,950/month for the units that are 900 to 960 sq ft. The 1500 sq ft unit rented for $2,750/month

Bot ... more
0 votes Share Flag Thu Mar 13, 2014 Home Buying in Royal Oak
Nancy Robins…, Real Estate Pro in Royal Oak, MI
Nancy Robinson #1 Royal Oak answered:
Is the railroad tracks located in the residential area off of "Webster" in Royal Oak active? Thank you
The trains, both passenger and freight pass through altogether about 5-6 times per day during the week. Less on weekends. They start at about 6 AM and finalizing about 10 PM.
0 votes Share Flag Sat Feb 22, 2014 Home Buying in Royal Oak
Ryan and Amb…, Real Estate Pro in Novi, MI
Ryan and Amber Weston answered:
I am looking for a real estate agent in Royal Oak, who is knowledgeable about the area?
Hi Ryan,

My partner and I specialize in Royal Oak area. Give me a call/text/email so we can chat! We have our own website as well so it makes the process so much easier!

Amber
3d ... more
0 votes Share Flag Sun Jan 19, 2014 Home Buying in Royal Oak
Tahj Shand, Real Estate Pro in 12601
Tahj Shand answered:
What would the approximate payment be on a $135,000 house.? Someone with good credit. Thank you
To get a ball park number (which is never 100% accurate) You can estimate using a mortgage calculator like: http://www.mortgagecalculator.org/

That will only get you in the ball park ... more
0 votes Share Flag Fri Jan 3, 2014 Home Buying in 48073
Leanne Carls…, Real Estate Pro in Royal Oak, MI
Leanne Carlson Smits answered:
What area of Royal Oak is most sought after? Is it the 48073 or 48067 area or are they pretty equal? Thanks
It all depends on what you are seeking. If you are looking for the night life, etc, then, yes, those downtown spots are most sought. If you are seeking a balance between children at sch ... more
0 votes Share Flag Fri Jan 3, 2014 Home Buying in Royal Oak
Chuck Silva, Real Estate Pro in 48073
Chuck Silva answered:
If I'm looking at a house that currently has non-homestead taxes is there a way I can estimate what the taxes will be when they're
This question really is a simple matter that doesn't need to be over analyzed.....just click this link and follow the easy directions....if you need further help please feel free to con ... more
0 votes Share Flag Wed Oct 23, 2013 Home Buying in Royal Oak
Dana Lindberg, Both Buyer and Seller in Phoenix, AZ
Dana Lindberg answered:
Doea any one know if a Homepath Renovation mortgage is better than a FHA 203K
For more details about 203k loan, visit www.cfs203k.com. CFS Mortgage and RenovationReady brings together more than 50 years of traditional and renovation lending know-how. Let their te ... more
0 votes Share Flag Sun Sep 15, 2013 Home Buying in Royal Oak
Lori Calzadi…, Real Estate Pro in 48076
Lori Calzadillas answered:
I would like to know what protection is afforded by the contracts. What if the home does not appraise? What if the lender denies?
As mentioned by others, your FHA addendum specifically spells out that the home must appraise or you can back out with no penalty to you. (minus the cost of the private home inspection ... more
0 votes Share Flag Wed Aug 21, 2013 Home Buying in Royal Oak
Lisa Romano,…, Real Estate Pro in Royal Oak, MI
Lisa Romano, REALTORĀ® answered:
need a two bedroom home in royal oak to rent,i have a small dog
Hi Debbie,

Call me directly at 248.953.3782 or email me at lromano2011@gmail.com I have a lot of homes you might be interested in.

Lisa Romano
Keller Williams Royal Oak Market ... more
0 votes Share Flag Sat Aug 17, 2013 Home Buying in Royal Oak
Lisa Romano,…, Real Estate Pro in Royal Oak, MI
Lisa Romano, REALTORĀ® answered:
Does anyone have any advice on the best lakes to live on in the Southeastern Michigan area for under $300K?
I have a lot of ideas for you. Please feel free to contact me @ lromano2011@gmail.com or 248-288-3500.

Lisa Romano
Keller Williams Royal Oak Market Center
304 W. 4th Street
Royal ... more
0 votes Share Flag Fri Aug 2, 2013 Home Buying in 48067
Nancy Robins…, Real Estate Pro in Royal Oak, MI
Nancy Robinson #1 Royal Oak answered:
I am checking for a student who need a studio apartments in a building or in a house in Royal Oak, MI ? Looking in the price range of $400 to $450.
I suggest that they check the student board at the school/university or other schools nearby and see who is looking fro a room mate.
0 votes Share Flag Thu Jun 27, 2013 Home Buying in Royal Oak
John Juarez, Real Estate Pro in Newark, CA
John Juarez answered:
can i buy a house for $20,000 with a $27,000 loan if the house is worth $32,000?
@Sam Elias

Why are you referencing today's market when you are providing an answer to a question that was asked almost two years ago?
0 votes Share Flag Tue Jun 25, 2013 Home Buying in 48067
Sam Elias, Real Estate Pro in 48034
Sam Elias answered:
I've found two homes I'm very interested in and am pre-approved for a mortgage. I am now looking for a
call me, I will be able to get you the home you want.
248-747-1987 Cell
248-549-7400 Office.
Thanks
0 votes Share Flag Tue Jun 25, 2013 Home Buying in 48067
Sam Elias, Real Estate Pro in 48034
Sam Elias answered:
Looking for a buyer's agent asap that is actually going to earn their commission. Is there anyone out there that goes the extra mile?
Give me a call.
248-747-1987 Cell
248-549-7400 Office
0 votes Share Flag Tue Jun 25, 2013 Home Buying in 48067
Sam Elias, Real Estate Pro in 48034
Sam Elias answered:
Is there a decent MLS search engine that allows me to search by street name (without a house number)?
Sure you can search by street name, but to narrow the search , a city or zip code would be helpful.
0 votes Share Flag Tue Jun 25, 2013 Home Buying in 48067
Sam Elias, Real Estate Pro in 48034
Sam Elias answered:
some properties say that the foundation is a crawl, but then they also say that they have a basement. I am confused is this even possible?
It is possible to have a double or triple foundation when there has been an addition or additions on the home.
0 votes Share Flag Tue Jun 25, 2013 Home Buying in Royal Oak
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