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Home Buying in 48224 : Real Estate Advice

  • All45
  • Local Info4
  • Home Buying28
  • Home Selling3
  • Market Conditions0

Activity 24
Wed Jul 5, 2017
Lamont Tanksley asked:
Mon Jan 30, 2017
Gamalucci answered:
0 votes 8 answers Share Flag
Thu Mar 12, 2015
Rhonda Johnson answered:
If you have owned the home for less than 30 days you can get a vacant home policy with American Modern Insurance Group. I have insured properties in Detroit before using this company. The prices are reasonable for the area. 866-884-6167. ... more
0 votes 6 answers Share Flag
Wed Oct 29, 2014
garypuntman answered:
I need to find someone as well. I am going to be renting out my house and need a property management service to help me. I want to make sure I find someone who will walk me through everything. If you found someone great I would like to hear. http://www.allseasonspest.com/page.aspx?id=7042 ... more
0 votes 8 answers Share Flag
Wed Apr 23, 2014
Derek Tunison answered:
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 a call, or e-mail me, and we will see what we can do.

Derek
NMLS: 162605
586-306-8994
... more
1 vote 3 answers Share Flag
Fri Sep 20, 2013
carlcoop answered:
RUN AWAY AS FAST AS YOU CAN.
I MADE AN OFFER ON A PROPERTY THAT THE LISTING STATED "BANK OF AMERICA APPROVED PRICE REDUCTION". I THOUGHT THAT MEANT IF I PAID FULL PRICE IT WOULD BE APPROVED QUICKLY. WE OFFERED MORE THAN THE LIST PRICE. IT IS 110 DAYS SINCE THE OFFER AND FOR THE LAST 6 WEEKS WE HEARD THE APPROVAL SHOULD BE THIS WEEK. SEVERAL DAYS LATER THE BANK OF AMERICA FINDS ANOTHER HURDDLE TO JUMP. THE PROBLEMS ARE DISHED OUT ONE AT A TIME . I DON'T KNOW WHO IS AT FAULT BUT IN MY JUDGEMENT ALL THE PROBLEMS SHOULD BE LAID OUT INITALLY, NOT ONE EVERY 2 WEEKS. EACH DAY/WEEK THERE IS MORE TIME INVESTED AND THE REALESTATE AGENTS GIVE ANOTHER "DOWN THE ROAD" STATEMENT.
DO NOT FALL IN LOVE WITH THE PROPERTY AS WE DID. BE PREPARED TO CUT YOUR LOSSES AND MOVE ON.
... more
0 votes 6 answers Share Flag
Fri Jul 5, 2013
Joel Lobb answered:
I would call a local title company or real estate attorney. Good luck Kathryn
Joel Lobb (NMLS#57916)
Senior Loan Officer
502-905-3708 cell
502-813-2795 fax
kentuckyloan@gmail.com

Key Financial Mortgage Co. (NMLS #1800)*
107 South Hurstbourne Parkway*
Louisville, KY 40222*
http://mylouisvillekentuckymortgage.com
... more
0 votes 3 answers Share Flag
Mon Jun 24, 2013
John Juarez answered:
Sorry, Trulia, but information on this site as well as numerous other real estate sites, is often out of date and incorrect. Trulia and others take information for the mls but also from other sources.

If you are looking for up to date information, talk to a local Realtor.
... more
0 votes 6 answers Share Flag
Fri May 24, 2013
Aaron B. Lewis answered:
I agree with Mr. Abrams.Shoot me address. I volunteer for a group that holds absentee owners accountable. we send letters to owners and get there cooperation and work with the city "directly" to issue blight violations if not handled timely.Detroit Vacant Property Coalition ... more
0 votes 4 answers Share Flag
Thu Mar 21, 2013
Melinda J. Robison answered:
Debra, I am not sure that it is in your best interest to attempt this. There are many ins and outs, plus you are going to have to convince the seller to give you documents in writing like account numbers and social security numbers. I can't imagine a Seller wanting to give someone this information who did not have experience in negotiating with banks. There are time lines that need to be followed, certain docs that need to be dealt with. I have never had anyone do this so I am not sure, but I am not sure that the bank will even work with someone who is not a licensed agent. This is in no way shape or form an easy transaction. Get a Buyers agent and let the negotiations begin.

I hope this information helps! Best Wishes!
... more
0 votes 13 answers Share Flag
Sun Oct 21, 2012
Nofear_forever answered:
13936 Saint Aubin St, detroit, MI 48212! This house is for sale for $8,000.00. 1-812-306-6499
0 votes 3 answers Share Flag
Sat Oct 20, 2012
Bob Schweiss answered:
i will be more than happy to help.
0 votes 12 answers Share Flag
Sat Oct 20, 2012
Bob Schweiss answered:
why would you offer more than listed. Unless the property is in great shape and in a great area offer list.
0 votes 5 answers Share Flag
Thu Dec 29, 2011
Marc White answered:
Offers can always be made, no matter the status of a property or contract.
0 votes 3 answers Share Flag
Tue Dec 14, 2010
David W Bolling answered:
Yes it is. Do you have a agent? Do you need me to show it to you???
2 votes 1 answer Share Flag
Mon Sep 20, 2010
Kevin Vitali answered:
I'm not sure what you think Realty Trac will do for you. If you want to try and purchase a pre-foreclosure home by contacting homeowners that have received their notice of default..... then maybe this is a way to start.

There is a huge learning curve to doing this as well as if you do find someone, they can't just sell you a property, because most likely they will need to short sale their home.... who will do the negotiations. If you use it to find properties that the bank owns.... most banks will not sell a property until it has hit the open market.

As far as getting a good deal their is nothing that beats market knowledge and negotiating skills that a Realtor can handle for you.

My guess is it will be a lot of work for you for nothing.
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0 votes 9 answers Share Flag
Wed Apr 7, 2010
Pam Bava answered:
Hi Vikky, I don't see that property on the market.
0 votes 1 answer Share Flag
Mon Nov 2, 2009
CCC answered:
Look for it on Trulia. Just go to Find Homes, on the top left hand side, then, search homes, and type in the address. Or contact a local agent on the city your property is located.
0 votes 1 answer Share Flag
Tue Sep 1, 2009
Tony Grech answered:
Good advice all around. I'll add to the previous answers that Multi-Family homes are even tougher to comp out because there are just not a lot of sales out there. And a lender would rather not lend than have any uncertainty as to value.

You've learned the hard way that just having a willing buyer and willing seller is not enough these days unless like you said it is a cash deal.

Oh well, best of luck in the future and I hope you get your home
... more
0 votes 4 answers Share Flag
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