There are houses with 2 acres or more on the market in South Lyon.
To better assist you would need to know your price range, house features, etc.
Give me a call or send an email if you would like listings and further information
of properties on the market.
Mike Warren, Broker
39500 High Pointe, Suite 140
Novi, MI 48375
email: email@example.com... more
There are several good builders in this area, it is kind of a general question do you want to be in a subdivision or something with acreage. Please call me on my cell, I know a lot of good builders here in Michigan! 248-505-7728 or email me at firstname.lastname@example.org... more
Your post says that you are looking for homes in South Lyon or Milford. You should check out this site: www.bankforeclosuresale.com. It is a leading website database that contains over two million foreclosure homes, including bank foreclosures, government foreclosures like VA homes and HUD homes, distressed properties and commercial properties that are for sale all across the nation.
All of the listings have had any outstanding liens eliminated and the title is free and clear. We also update our extensive collection of listings every day. Membership opens up the listing and reveals the contact information and a detailed property description including more photos.
I did a quick check for homes in your area and I found 9 active listings in South Lyon, MI (http://www.bankforeclosuressale.com/list/mi/county125/south-lyon.html) and 12 in Milford (http://www.bankforeclosuressale.com/list/mi/county125/milford.html). Though I do not think you will be able to find a property in the $80,000 range.... more
Yes, I have. I would love to meet with you and discuss.
I actually have represent many Builders in the area, and have helped my clients through the process and negotiated upgrades.
Give me a call or send me an e-mail,
Without knowing anything other than your agent not bring any buyers in, I can only say that odds have a lot to do with marketing/showing a home. The simple fact that there are hundreds of local agents means that there is a much greater chance that the home will be be shown by them over your marketing agent. There are a lot more of them in comparison to just the one listing agent. Sometimes it's just the luck of the draw and how many buyers the agent even works with. Some listing agents are strictly that--they don't often work with buyers. Of course other factors can contribute, whether or not the agent is exhausting marketing possibilities, how well the home is priced in comparison to the immediate market, how much competition, etc... Regardless, at the end of the day, as long as word is gettting out and there and the home is getting a steady stream of showings by any agents, you should be in good shape. If your not getting showings you need to sit down with your agent and review the marketing plan and listing price. I hope that helps--good luck!... more
It depends upon your local market. If your home is staged well, is nicely appointed and shows well, then I would question price. Do you have a link to your home? I'd be glad to give me opinion. My recommendation is to keep it on as interest rates remain very low. Look at other things to do to promote it!
Frank Dolski MBA, ABR, e-PRO
CARTUS Certified Relocation Specialist
Previews Luxury Home Specialist
Coldwell Banker Hearthside Realtors
I will email any available listings I can find in South Lyon that meets your needs. If you have any questions or would like to discuss please feel free to contact me anytime.
You can call, text, or email anytime.
Remerica Hometown One
There are two USDA programs: Direct and Gauranteed. And as you were told, direct goes directly through USDA, but you have to be a very low income borrower, gauranteed is the more common program, where you finance with a normal lender, but USDA gaurantees the loan.
It is true that USDA runs out of funds every years, HOWEVER there are lenders that still lend for USDA when
it's out of funds. I have a few lenders that still lend, but unfortunately i don't lend in MI. Have your broker find a lender who's lending regardless of the funds availability, there are some out there and go for it.
USDA is an amazing program, you should definitely take advantage of it.
Now as far as condos, i was always under the impression that USDA doesn't finance condos, however I might be wrong. OR... what you might be hearing is townhome financing. Condos and townhomes are two completely different things and townhomes are considered single family dwelling for the purposes of financing. Find out if your "condo" has a land parcel attached to it, then it's a townhome and can be financed. Otherwise, i'd suggest calling USDA directly and finding out whether they'll do an actual condo ( not a townhomes).
Faith Home Loans
If it was sold in 08 there is an owner, maybe a person or maybe the bank. The county records must be a mess if they are sending you a notice of foreclosure, surely they know who owns it. If it all turns out to be a mistake then it should not affect your credit, that was affected enough when it was foreclosed in 08. I would start making some calls and you might need to get an attorney that knows real estate involved, but I would try to let people know you don't own it before getting an expensive attorney working on it. Could this be for unpaid taxes going back to when you did own it? The IRS never forgets a debt.... more
If you can wait, it would be better. If you need to move and can afford to take a hit on your condo then NOW would be the time to buy. Are you going to rent the condo ? Could you?
If your credit is good, you can ask for sellers concessions when you make the offer. With good credit you can do 6% FHA seller concessions. You would need to give a very good, close to full price offer if that is the case.
Ask a Realtor to give you a price for selling withing 90 days on your condo and you will have a better picture of you situation .... more
Yes. The bankruptcy trustee determines the price that will be accepted. The trustee is appointed to recover as much as possible from the asset. Though your bid might have been accepted, the trustee might still be able auction the house to a higher bidder. Make sure you are aware of exactly how the disposal of the house is being handled and know what can happen at every step of the process. I don't know of many agents who have acted as buyer's agents on bankruptcies and the rules can be very different from what they are used to. Ask lots of questions.... more
Contact Chris Niendorf - (810) 923-6805, CNiendorf@mumloans.com - at Michigan United Mortgage. He works in Livingston County where they do a lot of RD loans. Chris will give you the accurate scoop on RD loans. Many of my clients have utilized his services successfully
Contact me if I can help you.
Melonie, Good job describing the range of homes in the new sub. I'm not an expert, but I believe you are missing the first step in researching this transaction. Speak with a lender to verify you qualify for the new condo and a MINIMUM value you need for your current home. Getting a minimum value will allow you to negotiate from your strengths in the purchase of the next home.
I'm sure you will get several reply's from others with more knowledge than I, but please take steps to protect yourself. I know a Realtor that works for a builder. I'm sure she would give you an honest opinion.... more
If your lender forecloses by judicial foreclosure which I believe they did. You will have a deficiency judgment against you. If you can get your ex to take over that deficiency judgment alone you can move forward without issue. However, if there is a judgment against you then you are vulnerable to have wages garnished and if you do get new property then this judgment will be placed as a lien against this property. You will want to settle this issue first and then obtain new property and assets so you do not have to look over your shoulder moving forward. Also, there is a statue of limitations in your state and you will want to make sure that you protect yourself because I believe that it's 10 years. Even if you do not have assets today you may in the future and this is what you are trying to avoid compromising. good luck!
The Credit Repair Expert... more
Effective in the new year, there are many changes in how the Good Faith Estimates appear and how and when they should be generated ... but that doesn't explain why all of the changes.
I will say that interest rates are an estimate until they are locked, so that is a moving target and can change daily or multiple times a day. In not being familiar with your circumstances and the situation, I do not know what a going rate would be for you, although that does seem high to me. Also, any fees should never be a surprise.
Approach the loan officer, and/or their manager and consult with your agent as well. Have you yet secured a buyers agent? If you have not, I would like to speak with you further.
Best regards in the new year!
Derek Bauer, Associate Broker / Realtor
Real Estate One... more