Clawson : Questions & Answers

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17
Glenda Miner, Renter in 48017
Glenda Miner asked:
washer and dryer in unit This question was asked from http://www.trulia.com/rental/3187728351-926-Broadacre-Ave-Clawson-MI-48017
0 votes Share Flag Sat Feb 7, 2015 Shopping & Local Amenities in Clawson
Kevin Richey, Real Estate Pro in St George, UT
Kevin Richey answered:
is there a target store in the area?
If you go to the target.com website, there is a link at the bottom for locations. That will help find one in the area you are wondering about, if there is one.
0 votes Share Flag Fri Oct 10, 2014 Shopping & Local Amenities in Clawson
Roy Bush, Both Buyer and Seller in Phoenix, AZ
Roy Bush answered:
House buying after bankruptcy?
CFS Mortgage, http://www.cfsflex.com, has a flexible loan program. They allow a mortgage after a foreclosure, short sale, or chapter 7 bankruptcy. There is only a six month waiting peri ... more
0 votes Share Flag Sat Jul 27, 2013 Home Buying in Clawson
Pat & Steve…, Real Estate Pro in Westlake, OH
Pat & Steve Pribisko answered:
My home owner insurance was cancelled last week as my home that I plan to sell is unoccupied. Should I tell the realter this?
You should immediately contact several insurance companies to get quote for vacant home insurance and then buy the coverage from the one you think is best. We always tell our clients w ... more
0 votes Share Flag Mon Jul 23, 2012 Home Selling in Clawson
Stbrealestate, Real Estate Pro in San Diego County, CA
Stbrealestate answered:
where can I get a 75% LTV loan for the purchase of a single family investment property?
not what I'm finding - most want 30 to 35 % down - do you know of one that doesn't?
0 votes Share Flag Thu Feb 4, 2010 Financing in Clawson
Kevin, Other/Just Looking in Texas City, TX
Kevin answered:
I have a credit score of 637. I have an income of 45,000 a year. Iam lookin for a morgage around 130,00? Can you help me do so?
well, you didn't provide the complete information.... Well, you can go for FHA loan... but other factors will also be considered such as your employment history, your account histo ... more
0 votes Share Flag Wed Nov 18, 2009 Home Buying in 48017
Rudy R. McDo…, Real Estate Pro in Bloomfield Hills, MI
Rudy R. McDowell answered:
How long is it taking in Michigan to close on a FHA loan? Any chance of still making the Dec 1st tax credit deadline?
Hi, Djst

The deadline is actually November 30th. Upon you getting an accepted offer on a home, your turnaround time to close should be no more than 15-28 days. Since Shore Mortgage ... more
0 votes Share Flag Tue Oct 6, 2009 Financing in 48017
Derek Bauer's…, Real Estate Pro in South Lyon, MI
Derek Bauer's, Door to Dreams Team answered:
My good faith estimate was $1000 short of actual closing costs.
I don't see the correlation between $23 per month and $1,000. What else was off? What are the specific line items that did not match-up?
0 votes Share Flag Thu Aug 13, 2009 Financing in 48017
Trent Dalrym…,  in Huntington Woods, MI
Trent Dalrymple answered:
I have a rental home in detroit, mi that I own free and clear. my credit is roughly 610. No lates, just
With our program the house must appraise for at least $75,000. Also, we rarely cash out on an income property, unless you have owned it for at least one year. The financing in Hard Mo ... more
0 votes Share Flag Wed Jun 24, 2009 Financing in Clawson
Shannon, Home Seller in 48313
Shannon answered:
How can I find out what two houses sold for on Shenandoah Drive in Clawson Michigan?
Call the city of Clawson and they will tell you what the property sold for. If it has recently sold
you may have to wait till it has been entered in the Cities system.
0 votes Share Flag Sat Mar 21, 2009 In My Neighborhood in 48017
Tony Grech, Real Estate Pro in Michigan
Tony Grech answered:
Is it realistic to get 50%-60% LTV on a rental property? Money was borrowed from personal funds. I would like
Conforming guidelines allow up to 75%. I believe you have to own the home for 12 months before you can do a cash out refinance.

If you can document that the home has been rented for ... more
0 votes Share Flag Wed Mar 11, 2009 Financing in Clawson
Gary Smith, Real Estate Pro in Michigan
Gary Smith answered:
how do i found out how much a home/property is worth without the seller/realtor knowing?
Burcrest,

You are correct not to contact the listing agent, who will be working for the seller, not your best interests. In Michigan, a real estate professional can only represent y ... more
0 votes Share Flag Mon Oct 27, 2008 Home Buying in Clawson
Gary Smith, Real Estate Pro in Michigan
Gary Smith answered:
Info on Mortgage and Home Improvement loans.
Oops,

Sorry to quick on the clicker.

I would also check to see if you qualify for one of the State of Michigan MSHDA products.

http://michigan.gov/mshda
0 votes Share Flag Mon Oct 20, 2008 Financing in 48017
Ed & Cindy K…, Real Estate Pro in Shelby Township, MI
Ed & Cindy Knight answered:
What is the likelihood of homeowners getting a bailout, as far as mortgages adjusted closer to the home?
Hi M well you are not alone but if the govt changes that it will open the flood gates and create an even bigger mess. People used to move every 7-10 years, put 20% down and not borrow a ... more
0 votes Share Flag Tue Oct 14, 2008 Home Selling in 48017
Dawn, Home Buyer in Royal Oak, MI
Dawn answered:
How do I determine who the most active realtors are in my community?
Actually I found my realtor at a random open house (this was back when there were more open houses around). She seemed to have the right mix of being open and honest yet fairly represe ... more
0 votes Share Flag Tue Sep 23, 2008 Home Selling in 48017
Rose Mary  S…, Real Estate Pro in Northville, MI
Rose Mary Simms answered:
Should i tell my realtor that after a showing of my home...?
One of the things I suggest when I find a client appears to be interested in a home is to sit down on the sofa and envision themself living there. Mind you, selecting a book ususally i ... more
0 votes Share Flag Sun Sep 21, 2008 Home Selling in Clawson
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