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Home Buying in 48105 : Real Estate Advice

  • All16
  • Local Info1
  • Home Buying6
  • Home Selling4
  • Market Conditions0

Activity 6
Thu Aug 11, 2016
jumbosource answered:
95% is available as long as your loan amount stays below 1mil. Also your credit must be above 700. There are single loan options with no pmi, and of course piggyback combos. In most cases the combo loan makes better sense. Please contact us if we can assist.

Jumbo Mortgage Source
Specializing in 95% Jumbo loans
Serving home buyers in all 50 states
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Thu Apr 16, 2015
Nathan answered:
Diane Ratkovich of Howard Hanna specializes in hobby farms and horse properties. She is very experienced, and I've loved working with her. She is great!
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Sun Mar 17, 2013
Todd Lands answered:
Ann Arbor in general is less likely to have foreclosures as it an increasing market and most people understand to sell before it gets to this point even with a Short Sale. Waiting/looking for just foreclosures may not yeild the best deal either. Knowing the area and keen negociating may be your best tactic. Ginny Miller may be on the right track that you could interview agents, an agent working for you can set up searches for you that may help.
Good Luck with your quest for knowledge.
Todd Lands, Realtor, Associate Broker with the Charles Reinhart Company
734-Mi-LANDS (734-645-2637)
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Wed Oct 10, 2012
Shoaib M Sharieff answered:
There are currently no loan programs available that would allow this situation. There are some good federal programs available that might allow you to qualify on your own. The best way to explore your options is to apply and have an experienced loan officer present you with all your options. ... more
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Thu Jun 26, 2008
Todd Lands answered:
I was in this house just yesterday!
It is beautiful. It is the student built house in the Foxfire neighborhood.
Are you working with a REALTOR already? Because if you are not you could work with me and I could have answered this question with a simple phone call.
Feel free to call me at 734/ 645-2737.
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Sun Jun 22, 2008
smith3gary answered:

Some good local agents have responded.

"The seller is very firm about the price" I'm assuming you have a Buyer's Agent (signed a Buyer's Agency Agreement) assisting you and were told by the agent the sellers are firm. If it was the listing agent that told you this, remember, they are working for the seller and may only be trying to get the most for the home.

Is the house worth this price? I suggest having your Buyer's Agent run comparable sales within the subdivision. That will give you a range of value. They can also run a Statistical Comparison of sales in the sub which will give you a range of value based upon the homes State Equalized Value.

Are you recommending to by it? That is a decision only a home buyer can make. This is a business decision, please take some time to look at all the facts before making an offer. Agents have offered additional facts in their responses.
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