Home Buying in Detroit : Questions & Answers

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Dennis New, Renter in Detroit, MI
Dennis New asked:
Who owns 4848 Burns?
0 votes Share Flag Yesterday at 7:06am Home Buying in Detroit
Erica Blackw…, Real Estate Pro in 48317
Erica Blackwell answered:
Who owns 18272 Parkside?
This property was acquired by a non-profit corporation in April of this year.
0 votes Share Flag Yesterday at 6:03am Home Buying in 48221
Aaron B Lewis, Real Estate Pro in Detroit, MI
Aaron B Lewis answered:
So i live in michigan and my house went to a sheriffs sale. I was wondering how long after that do i have to live in the house???
Heather,
Kathy Persha gave some great information.
Usually lender or law firm handles sheriff sale.
Call me and Ill walk you thru it. You dont need a Realtor to do it.
i have sett ... more
0 votes Share Flag Fri Jun 26, 2015 Home Buying in Detroit
Aaron B Lewis, Real Estate Pro in Detroit, MI
Aaron B Lewis answered:
wat is the risk buying home in detroit. i bought 3 homes but im not from detroit michigan state.
A major risk is buying in a city you are not familiar with with no local expert to advise you.
Get a local expert. ( who invest in properties in the areas you do)
aaronb@vierealtygrou ... more
0 votes Share Flag Fri Jun 26, 2015 Home Buying in Castle Rouge
Aaron B Lewis, Real Estate Pro in Detroit, MI
Aaron B Lewis answered:
I live in a home that my landlord is extremely upside down in. She wants to do a short sale but the banks are giving her a hard time becuz she (we)
The bank will definetley settle,however I would'nt advise YOU to settle or buy it from them,ESPECIALLY if they know you have been the one paying part of the note. NO LEVERAGE to ne ... more
0 votes Share Flag Fri Jun 26, 2015 Home Buying in Detroit
Aaron B Lewis, Real Estate Pro in Detroit, MI
Aaron B Lewis answered:
Dont have the best credit, b2uy have a good income. Willing to do land contract. looking for a 3 to 4 bdrm ranch with at least 2 baths country style
Depends on how much downpayment you have. If 5k or greater there are plenty of deals we have personally we can sell you or can locate one for you.
313-405-7337
Aaronb@vierealtygroup. ... more
0 votes Share Flag Fri Jun 26, 2015 Home Buying in Detroit
Aaron B Lewis, Real Estate Pro in Detroit, MI
Aaron B Lewis answered:
I like to use my IRA funds to buy homes in Detroit. How do I do that?
I do over a dozen ira transactions a year since 2008.
Wrote a blog for quick overview.
Reachout anytime to discuss
313-405-7337
Aaronb@vierealtygroup.com "Veterans Investors Ed ... more
0 votes Share Flag Fri Jun 26, 2015 Home Buying in Detroit
Gwendolyn We…, Real Estate Pro in Saint Clair Shores, MI
Gwendolyn West Gonzalez answered:
hi like to know if the house on 7467 Mansfield is still up for sell an how much is it going for because I like to stop people from going in it an buy.
The home is sold but visit my website at www.gwest.yourkwagent.com that includes for sale, land contract and rent options then give me a call or a email at gwest@kw.com and we can discu ... more
0 votes Share Flag Tue Jun 16, 2015 Home Buying in Detroit
Gwendolyn We…, Real Estate Pro in Saint Clair Shores, MI
Gwendolyn West Gonzalez answered:
I am looking for a 3bdrm home to call my own preferably with the rent to own or land contract option. Can someone please help me?
I am a license realtor with Keller Williams in St. Clair Shores, MI visit my website at www.gwest.yourkwagent.com that includes for sale, land contract and rent options then give me a ... more
0 votes Share Flag Tue Jun 16, 2015 Home Buying in Detroit
Tony Grech, Real Estate Pro in Michigan
Tony Grech answered:
So i live in michigan and my house just went to a sheriffs sale a week ago. I have the cash to purchase it back.
Hey Tony
These folks are right, you don't need a realtor to facilitate the redemption. I don't see why a realtor would have any "best interest" in the property unless you had it listed ... more
0 votes Share Flag Mon Jun 15, 2015 Home Buying in Detroit
Charissemari…, Home Buyer in Spring, TX
Charissemariecherissemsrie49 answered:
What's the easiest way to locate Section 8 homes for sale in Detroit, MI
What is a east way to Alicante section lo n 8 homes for sale Tommy in louisiana
0 votes Share Flag Thu Jun 11, 2015 Home Buying in Detroit
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
Am I the only agent that has waited until the last minute to do my continuing education?
Probably not, but why not just do it online and get it over with? I used the CE Shop - you can worj through the courses quickly as (in NJ) they are not timed
0 votes Share Flag Sat Jun 6, 2015 Home Buying in Detroit
Lateva, Real Estate Pro in Detroit, MI
Lateva answered:
Is 10k total closing price for a 46k 203k loan to much?
Hello, I am a metro Detroit realtor! I have a few connections with lenders that can help you answer your question. You can email me Latevayourrealtor@gmail.com
0 votes Share Flag Sun May 31, 2015 Home Buying in 48225
Christopher…, Real Estate Pro in 23456
Christopher S. Fritts answered:
Sellers backed out
A seller is not required to sell their home if the appraisal came in low AND you have asked them to reduce their price to the appraised value. This is unfortunate, but yes they can ter ... more
0 votes Share Flag Sun May 31, 2015 Home Buying in 48226
garypuntman, Other/Just Looking in Los Angeles, CA
garypuntman answered:
Need a good, dependable property management company?
I'll have to look into this company. I want to find someone reliable. It's good to hear suggestions like these to help me know where I can start looking for a good company. http://www ... more
0 votes Share Flag Tue May 26, 2015 Home Buying in Detroit
Lateva, Real Estate Pro in Detroit, MI
Lateva answered:
Seeking land contract financing ?
Do you guys work with realtors? I have a few clients looking for land contracts. If so please call 313-676-0207 or email me at Latevayourrealtor@gmail.com
0 votes Share Flag Wed May 20, 2015 Home Buying in Detroit
Aaron B Lewis, Real Estate Pro in Detroit, MI
Aaron B Lewis answered:
Does anyone know any international brokers that aid in selling properties to international buyers? I'm looking for a few for the southeastern mi area.
Over 50% of our clients are international buyers. We have been investing in Detroit collectively for over 43 years and our experience is what keeps our clients safe and happy with their ... more
1 vote Share Flag Tue May 19, 2015 Home Buying in Detroit
Gwendolyn We…, Real Estate Pro in Saint Clair Shores, MI
Gwendolyn West Gonzalez answered:
LEARN HOW TO BUY PROPERTIES AT AUCTIONS ---FREE SEMINAR SATURDAY, MAY 16TH 11AM @ CROWNE PLAZA DETROIT RIVER FRONT
Thanks for the info. I will pass it along
0 votes Share Flag Tue May 12, 2015 Home Buying in Detroit
Brittany Wal…, Real Estate Pro in West Bloomfield, MI
Brittany Walls answered:
How much above appraised value is common?
Depends on if they can show added value. If your clients don't have enough money to put down, move on. The markets are changing; some sellers look for cash buyers because of this- ... more
1 vote Share Flag Thu May 7, 2015 Home Buying in 48226
Brittany898, Home Buyer in San Francisco, CA
Brittany898 answered:
In the grand scheme of things is a 203K loan worth it (i.e.) harder/easier to qualify than Conv./FHA
Your hesitancy is very wise. In my experience the last thing a first time home buyer should do is buy a fixer-upper unless they are actively working in the building profession. Most fir ... more
0 votes Share Flag Thu May 7, 2015 Home Buying in Detroit
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