Home Buying in Detroit : Questions & Answers

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Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
AS THE SELLING AGENT CAN I SIGN THE OCR FOR THE BUYER WHO HAS TO WORK
You probably can if you had his Power of Attorney:
But then, that is LEGAL ADVICE, and I don't give legal advice.
0 votes Share Flag Tue May 22, 2012 Home Buying in Detroit
Karen Paytas, Real Estate Pro in Macomb County, MI
Karen Paytas answered:
A home has a HOA of $180/mo. I thought those fees were associated with condo's.
It could be a site condo. These usually have association fee too! If you'll email me the address I'll be glad to check it for you.

Thank You,

Karen Paytas, GRI, CMS
Realtor
Re ... more
0 votes Share Flag Mon May 21, 2012 Home Buying in Mexicantown - Southwest Detroit
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
who is responsible for C of O in a short sale in Detroit MI?
The Buyer and the Seller (the Bank) are the PRINCIPALS in an Escrow;
everything has to be agreed upon by both parties.
That said, the Title Company will notify both parties of when t ... more
0 votes Share Flag Thu May 10, 2012 Home Buying in 48221
Susan, Home Buyer in Ann Arbor, MI
Susan answered:
Lis pendens filings in Michigan
I guess I must be the only person who has noticed this.
0 votes Share Flag Mon May 14, 2012 Home Buying in Detroit
Joe Bertera, Real Estate Pro in Novi, MI
Joe Bertera answered:
how do i contact the owner of 16825 collinham?
That house is not currently listed on the market. The best way would be through mail or visiting the house.
0 votes Share Flag Thu Jan 1, 2015 Home Buying in Regent Park
Karen Paytas, Real Estate Pro in Macomb County, MI
Karen Paytas answered:
Appreciate anyone can give insight whether the unit of 16217 Roselawn St with full refurbishment done and sold at $49.5K is worth to invest?
Highest priced sale within last 6 months was 40K on a 2300 sq foot home with 4 bedrooms and 2 1/2 baths. Not a foreclosure or short sale. At 49.5K seems overpriced.

Good Luck,

Kar ... more
0 votes Share Flag Sun May 6, 2012 Home Buying in Detroit
Maureen Fran…, Real Estate Pro in Birmingham, MI
Maureen Francis answered:
Why would a home be for sale for 'cash only', and how does that type of transaction really work?
It still closes at a title company, with title insurance if you write up the deal correctly. You don't bring actual cash, you either wire or you have a cashiers check. They are just s ... more
0 votes Share Flag Sat Apr 28, 2012 Home Buying in Brush Park
Robin Silver…, Real Estate Pro in Garden City, NY
Robin Silverberg answered:
how does the hard money lender work? what is a reasonable profit for the hard money lender to make?
This has nothing to do with how much profit they want to make, it is how much they are willing to lend their money for, and how much they want up-front in terms of points, in order to l ... more
0 votes Share Flag Thu Apr 12, 2012 Home Buying in Detroit
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
how does the hard money lender work? what is a reasonable profit for the hard money lender to make?
There is no REASONABLE PROFIT;
Hard Money Lenders adjust their rates to fit the RISK and the DESPERATION of the borrower:
The ceiling that most states will allow is probably about the ... more
0 votes Share Flag Thu Apr 12, 2012 Home Buying in Detroit
4 Keeps, Both Buyer and Seller in Detroit, MI
4 Keeps answered:
is the house at 9910 east outer drive for sales?
Call for more information 313-378-0187, Invest 4 keeps,llc
0 votes Share Flag Wed Apr 18, 2012 Home Buying in Detroit
Dflowers48214, Home Buyer in Detroit, MI
Dflowers48214 asked:
who own the house at 9910 east outer drive?
0 votes Share Flag Tue Apr 10, 2012 Home Buying in Detroit
Kimberly Del…, Real Estate Pro in Southfield, MI
Kimberly Delks answered:
Is the property address 9548 monica st det mi, still available for sale?
Yes 9548 Monica is still available. It is a handy man special. If you want to buy it, call me. We can set up an appointment to view the interior.

Kimberly Delks
Keller Williams Real ... more
0 votes Share Flag Wed Apr 4, 2012 Home Buying in Detroit
Roland Vinya…, Real Estate Pro in Sprakers, NY
Roland Vinyard answered:
Can I really make money if I purchase a house for 3K?
Be careful. There's a lot of hype out there. You can lose money too. The secret is to know your market and wait until you can buy right. You have to know what "right" is, too. Do your d ... more
0 votes Share Flag Sat Apr 28, 2012 Home Buying in Detroit
Jamie Hastin…, Real Estate Pro in Westland, MI
Jamie Hastings answered:
i want to purchase 8942 petoskey. i need to know if any one has bought the house.
Hi Janice,
I would be honored to help you and your family get back onto the property you grew up in. However, you did not leave and address here. If you would email me the address of ... more
0 votes Share Flag Wed Mar 14, 2012 Home Buying in Petosky-Otsego
Wayde Koehler, Real Estate Pro in Detroit, MI
Wayde Koehler answered:
If your buying a house as is . Can you be forced to pay the taxes on it right away?
taxes are prepais when u close you are repaying the seller for taxes they have already paid.
0 votes Share Flag Sat Mar 17, 2012 Home Buying in Detroit
Wayde Koehler, Real Estate Pro in Detroit, MI
Wayde Koehler answered:
What areas in Detroit are likely to appreciate in the next 5 years?
almost any area outside of detroit
0 votes Share Flag Sat Mar 17, 2012 Home Buying in Detroit
Matt Seidel, Real Estate Pro in Austin, TX
Matt Seidel answered:
Question of the Day: What makes a great buyer's agent
You have to genuinely care what happens to your Clients.....and know what you're doing!

Matt Seidel
Realtor & Investment Property Consultant
Express Real Estate
Austin, T ... more
0 votes Share Flag Tue Mar 13, 2012 Home Buying in Detroit
Brad Rayfield, Real Estate Pro in Salisbury, MD
Brad Rayfield answered:
can someone help me buy a house with bd credit?
You typically won't be able to purchase a home outright with poor credit, but check with a local lender. They can pull your credit scores and tell you what it is, then where it nee ... more
0 votes Share Flag Wed Mar 7, 2012 Home Buying in Detroit
Karen Paytas, Real Estate Pro in Macomb County, MI
Karen Paytas answered:
how do i know if the house is foreclosed 12518 elmdale st 48213?
Denise,

Good Evening!! According to tax records this home was purchased in 2009 for $2500.00 it is not currently a foreclosure and taxed as owner occupied.

Good Luck,

Karen Pa ... more
0 votes Share Flag Tue Mar 6, 2012 Home Buying in Detroit
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