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48228 : Real Estate Advice

  • All23
  • Local Info4
  • Home Buying8
  • Home Selling2
  • Market Conditions0

Activity 16
Sun Jul 23, 2017
Jeremy Alexander answered:
Mon Mar 17, 2014
InstantEquityWholesalers answered:
0 votes 5 answers Share Flag
Sat Feb 15, 2014
Katrina Buxton asked:
Sat Feb 15, 2014
juiced answered:
No. No. No. No. No. No. No. No. No. No. No. No. No. No.
0 votes 3 answers Share Flag
Fri May 24, 2013
Bob Schweiss answered:
Please let me know if i can be of assistance. I can put you in touch with a handful of Urban Planners here in the Detroit area.

Bob
0 votes 5 answers Share Flag
Fri May 24, 2013
Bob Schweiss answered:
Detroit has good neighborhoods and it has terrible neighborhoods. Doing your 'due diligence' is very important here in Detroit. There are some great pockets two of the hottest areas of Detroit is Midtown and West Village. Be very careful I highly recommend that you schedule a showing on every property of interest.

Bob
... more
0 votes 6 answers Share Flag
Mon Aug 20, 2012
Jeremy Alexander answered:
If you shoot me an email at jtarealty@live.com and the exact area of 48228...I could send you that information.


Jeremy Alexander
Front Page Realty
jtarealty@live.com
http://www.facebook.com/alexanderrealtor
twitter: @jsmooth61
... more
0 votes 1 answer Share Flag
Sat Aug 13, 2011
answered:
Hi Missy
Consider yourself luck that you've been able to stay there this long - normally it's a year or so after you stop making payments. But like the others said, lenders have a huge backlog of homes in various stages of foreclosure so who knows when they will get to yours.

I wouldn't open up any can of worms by contacting your lender. Might as well stay as long as you can.

What I will say is that there is a process towards evicting you from the house. Whenever that day comes whether its tomorrow, next week, or next year, prepare yourself by beginning to build your credit back up and saving up some money to cover things like moving expenses and a security deposit on a rental. You'll most likely have at least 15-30 days after notice to get out of there, and they may even offer to give you a cash for keys offer if you keep up the home well and leave it clean and in good shape.

In the meantime enjoy the free rent and prepare for when that time comes. Good luck!
... more
0 votes 3 answers Share Flag
Mon Nov 15, 2010
Jimmy Braddock answered:
Property not currently on the market; it was on the market this past June and the asking price was $56,000.
0 votes 1 answer Share Flag
Mon Jul 12, 2010
Steve Bozinovski answered:
hello Michlee

if you would like to contact me I can give you all the details about your property as well as other homes in the area for comparison. Please call me.

Steve
586-822-6064 ... more
0 votes 2 answers Share Flag
Wed Apr 7, 2010
Kevin McCoy answered:
I'm a landlord and a realtor...It's all about what is written in the "lease". If you're on a month to month lease then it could be less than 30 days notice...if the new owners want you to move out. Maybe you can work something out with the new owners for a long term lease with them (6 months to a year or more). This would be a good time to ask your current lanlord if that's a possibility. ... more
0 votes 3 answers Share Flag
Fri Dec 4, 2009
Ethan Wilkinson answered:
You need to know the address. Detroit has pockets of good and bad blocks. A house on vaughan around Joy is a bad area with a lot of board ups and burn downs, but if you go around 6 mile it can turn into nice 3 bedroom brick bungalows. I have some nice investment properties if you are interested. You can email me ethanwilkinson7@gmail.com. ... more
0 votes 2 answers Share Flag
Sun Jul 5, 2009
Hannah Fliegel answered:
Hi Shavon,

Here is a new website FREE for you to see if the home you are renting is heading for foreclosure

http://www.foreclosurerental.com

good luck!
0 votes 4 answers Share Flag
Tue Dec 30, 2008
The Hagley Group answered:
Lynn....as a real estate pro and a mortgage loan officer you should know that the renter will get no where by contacting the owner's lender directly unless he gets an authorization to convey information from the seller, which I seriously doubt. (If you assistant answered this one, I apologize....but they should know how to correctly respond!) ... more
1 vote 5 answers Share Flag
Sat Oct 27, 2007
Hayward Little, Jr answered:
Hi Watts,

If you do things right - document where money comes from, where money goes, how much you save, you will be in good shape. The things that always exist that you should be aware of is your debt-to-income ratio, credit score, and income & reserves. Many of the 100% financing programs have gone away, so be prepared to pay a downpayment. If these funds are coming from another source (parents, friends, etc.), make sure your loan officer knows now, and not as things get closer to closing.

Before submitting any offers, have a realtor do a CMA for the property so you understand where the values are in the area. I stress planning and education with my buyers. Once you understand what you have to do, then you can execute a plan to make it happen.

It's a great time to buy!
... more
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