Home Buying in Detroit : Questions & Answers

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sweet_tee0, Home Buyer in Detroit, MI
sweet_tee0 answered:
What are the current rate of the homes in Rosedale park? What are the homes appraising at?
I was searching for a home in rosedale park area and i notice they were ranging from late 40-150000
0 votes Share Flag Tue Jun 10, 2014 Home Buying in 48223
Larry Else, Real Estate Pro in Detroit, MI
Larry Else answered:
Hi, I am interested in investing in properties in Detroit. Are there agencies that help you buy, fix, rent and manage properties in Detroit?
There are many companies throughout the Detroit area that can help you do all of the above. I have close relationships with some of Detroit's top property managers and I specialize in ... more
0 votes Share Flag Fri Jun 6, 2014 Home Buying in Detroit
Brian Walsh…, Real Estate Pro in South of Broad, Char...
Brian Walsh Buyer's Agent answered:
Does anyone know if any of the sellers in palmer woods are open to leasing?
You can go to the find an agent option above and type in the area. Once you see the agents recommended I would contact them and see if they can assist you with this.

Good luck!
Bria ... more
0 votes Share Flag Thu Jun 5, 2014 Home Buying in 48203
Eric Diaz, Home Buyer in Washington, DC
Eric Diaz answered:
I bought 17670 Wormer in October. I received the first months rent from the management Company. they haven't paid me since. Who can help me please?
I totally understand how it can be timely and costly to do investments overseas, and when you add getting cheated and misrepresented that just makes it worse. So what exactly was the is ... more
0 votes Share Flag Sat May 24, 2014 Home Buying in The Eye
Thomas Moser, Real Estate Pro in East Northport, NY
Thomas Moser answered:
I intend on buying several homes in Detroit as Investment properties. What do I look for in a Good Management Company, what sort of fees wilI i pay?
He probably got his answer as this questions was asked three years ago.
0 votes Share Flag Wed May 21, 2014 Home Buying in Detroit
CreativeReal…, Real Estate Pro in West Bloomfield, MI
CreativeRealEstateDeals answered:
where can I find homes sold on land contract?
Re: Where can I find homes sold on land contract?

We can help you find the house in the area that you want and purchase it for you.

You must have a 10 - 30% down payment depending ... more
0 votes Share Flag Wed May 14, 2014 Home Buying in Russell Woods
Janarvus Mil…, Home Buyer in 48227
Janarvus Miller answered:
"BUYER RESPONSIBLE FOR SIGN ACR & CITY INSPECTION" what does this mean?
how much is permits for electrical, plumbing, and mechanical
0 votes Share Flag Thu May 1, 2014 Home Buying in Detroit
Video Inspec…, Real Estate Pro in Detroit, MI
Video Inspectors answered:
Buying a house in Sherwood Forest/Palmer Woods--what's the catch?
See it before you buy...
If you're buying from out of state or overseas let us provide you with a video inspection of the property and neighborhood before you buy.
www.VideoInspectors ... more
0 votes Share Flag Fri Apr 25, 2014 Home Buying in 48203
Sally Grenier, Real Estate Pro in Longmont, CO
Sally Grenier answered:
How long it takes to close?
In Colorado, a cash deal can happen pretty quickly. Typically a week or two at the most. But we don't have to get attorneys involved either. I would ask your Realtor.
0 votes Share Flag Fri Apr 25, 2014 Home Buying in Detroit
Video Inspec…, Real Estate Pro in Detroit, MI
Video Inspectors answered:
I am an overseas investor looking to buy a portfolio of properties in Detroit and would like a buyers agent.
www.VideoInspectors.com specializes in working with overseas buyers
0 votes Share Flag Thu Apr 24, 2014 Home Buying in Detroit
Derek Tunison, Real Estate Pro in Clinton Township, MI
Derek Tunison answered:
Hello, I want to buy a home in the 48224 zip cope area.
Mary,

You may still be able to get financing. I am a local mortgage broker, and I would be happy to work with you and see what your options are. If you are interested just give me ... more
1 vote Share Flag Wed Apr 23, 2014 Home Buying in 48224
Video Inspec…, Real Estate Pro in Detroit, MI
Video Inspectors answered:
I am an Australian investor looking to invest in Detroit or other areas that have super low prices. I have
We work with overseas and out of state investors buying in Detroit.
Video Inspections of any potential investment property or neighborhoods that you can watch on your computer or smart ... more
0 votes Share Flag Mon Apr 21, 2014 Home Buying in Detroit
Catalina, Other/Just Looking in New York
Catalina answered:
i have a budget of approx 15k. is this enough money to start flipping ok homes in ok areas of the city regularly?
Hi Daniel
I m selling a Multi Family Home $15,000 cash in Dedroit, MI
Send me your email for more info
0 votes Share Flag Fri Apr 18, 2014 Home Buying in Detroit
Michele Edwa…, Real Estate Pro in 48080
Michele Edwards answered:
does anyone know if owner/agent for 17305 Muirland is willing to do a lease with an option to buy.?
Hello Rachel,
This is a new listing and the comments do not give any indication that the owner is open to a lease to own situation, but as an agent AND an investor, I always say "Make ... more
0 votes Share Flag Sat Apr 12, 2014 Home Buying in 48221
William Bieke, Real Estate Pro in Grosse Pointe Farms,...
William Bieke answered:
Any hope for mortgage loan with bad credit?
Is there anything you can do to raise your credit rating? I am a lawyer as well as a Realtor, let me know if I can assist you at all.

From my experience your credit score needs to ... more
0 votes Share Flag Thu Apr 10, 2014 Home Buying in 48236
Howard Pascoe, Real Estate Pro in Michigan
Howard Pascoe answered:
is it leagal or appropriate to have realestate transaction to a LLC company by paying morgage with the LLC provided morgage? any risk if using QCD?
Its not uncommon for investors to purchase homes in a LLC and finance them. Is this what you were asking about?
0 votes Share Flag Thu Apr 10, 2014 Home Buying in Detroit
John Reeves, Real Estate Pro in San Diego, CA
John Reeves answered:
I live in California and I am looking to purchase a multi family home in the suburbs of the Buffalo NY area.
Check these links for your search:

http://www.realtor.com/realestateandhomes-search/Buffalo_NY/type-multi-family-home

http://www.homes.com/for-sale/buffalo-ny/multi-family/

htt ... more
0 votes Share Flag Sun Apr 6, 2014 Home Buying in Detroit
Jeremy Alexa…, Real Estate Pro in 48214
Jeremy Alexander answered:
How do you find Land contract homes in Southfield, MI. I am only working with $3000.00 and a recent bankruptcy
Bankruptcy...no problem. The down payment....could be a challenge. Typically in Southfield......prices are 50,000.00...and mortgage companies normally won't finance until 2-3 year ... more
0 votes Share Flag Wed Apr 2, 2014 Home Buying in 48223
infoallcityh…, Both Buyer and Seller in Los Angeles, CA
infoallcityhome answered:
I'm a out of state investor looking to buy an income generating property. Should I look for foreclosed property or tenant occupied already?
Good Morning,

I have a company I just started and we are looking for investors to purchase properties that we have under contract for 50/60 percent below market value. We will obtain ... more
0 votes Share Flag Tue Apr 1, 2014 Home Buying in Detroit
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
How can I find sellers willing to sell homes through a land contract?
Sure, it's realistic.

Here's a link to a blog I wrote on how to find lease-options: http://bit.ly/findaleaseoption There are some structural differences between lease-options and lan ... more
0 votes Share Flag Fri Mar 28, 2014 Home Buying in Detroit
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