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48209 : Real Estate Advice

  • All7
  • Local Info0
  • Home Buying5
  • Home Selling0
  • Market Conditions0

Activity 6
Thu Jan 30, 2014 answered:
Yes,the duplex is avaliable this May call me at 9722872635.Gloria
0 votes 4 answers Share Flag
Wed Jan 22, 2014
wwysor answered:
We have a house with a boiler. It works well. It depends on the system as to cost of using it. You can always call DTE and find out what the heat bill was for the year. If you keep it at 68 degrees it should be about the same as gas. Its when you crank it up that the cost rises. ... more
1 vote 3 answers Share Flag
Fri May 11, 2012
TyrenePasco answered:
This area is definitely worth investing into, surrounded with full potential along with motivated individuals willing to help produce more uplifting projects.
0 votes 2 answers Share Flag
Thu Aug 11, 2011
Tedd Hamilton answered:
Hi Jessybory,

We can probably help you get into a fully rehabbed home of your choice with a few thousand down for investing in or living in?Please read below and then visit our website and contact me for further information to help assist you in your search for property in Detroit.

Our company Smart Homes and there services provide the ability and local support to invest in the US real estate distressed housing market for amazing and profitable ROI and passive income streams. The program is completely turn key and is 100% Canadian owned and privately held. We are the largest Canadian buyer of distressed properties in Detroit, Michigan.

For anyone looking for passive income,secondary revenue sources,retirement and security income, and including referral dollars for introducing this to others this may interest you. We will share our history and desire to build revenue for all involved as a partnered and committed core of service personal and owners. We would be very happy to show and tell you why Detroit,MI was selected in the USA distressed home market.

Smart Homes Investments about 18 months old and has sold over 300 prime investment homes as of today in and throughout Detroit,Michigan. This is for business individuals including investment bankers,accountants,financial planners and just hard working people who are looking for a proven and successful investment opportunity that is solid and providing avg of 20% - 40% ROI monthly and annually.

SmartHomes Investments Inc. owns all homes outright,with no mortgages and no borrowed dollars. Each home is rehabbed and finished completely. They all come with a qualified tenant including local property management services providing you an average monthly rental return of $500-$1100 USD dollars each month. You own your home that you select and your name is on title as you are the majority owner and decision maker. We partner with you to provide all required support and property management services as our website shows you.

You own your home that you select starting at approx $20,000 USD!

Simply put within 3 years on average your home is paid off in total from your monthly rental returns that we in turn provide to you directly each month. We anticipate that home values will meet or succeed previous housing market values over a 5 -10 year period. You have the opportunity and ability to hold on to your income generating property for any period of time from 1st day of owning to 3-5-10yrs and beyond which is your choice and 1 of many options afforded to you. You also may sell it at any time if you desire as the titled property owner of the property.

We only profit when you profit from the appreciation interest and rental income from every home and will always work together to support your requirements efficiently and professionally. We care for every home selected from purchase to turn key completion including tenant support services and property management provided at no extra cost to you.

We are comfortable in taking the upfront risks and capital outlay believing in the Detroit housing market and support from the City of Detroit and there in demand need for affordable rental and home sales. All homes are in desirable neighborhoods with strict guidelines for home selection to meet our and your company/investor standards.

We also offer Land Contracts (Rent-to-own / Lease-to-own) to tenants and investors and have largest section 8 waiting list to get into our homes in Detroit then any other North American company.

With your sincere interest a complete breakdown detailing and showing you homes,specs and information on how to know more can and will be provided at no cost or obligation to buy. General details are provided on website under Q & A section for guidelines to see and know more.

Thank you for your time in reviewing and I will follow up within the week to discuss possible investment interests and questions that you may have. Please don't hesitate to request further information or contact me directly as below.

All the Best!


Tedd Hamilton Direct 778.708.3682

Smart Homes Investments Ltd.
Suite 13312300 Horseshoe Way
Richmond B.C Canada V7A 4Z1
Office 604.277.5587
Toll Free 1.888.878.6836
... more
0 votes 8 answers Share Flag
Wed May 27, 2009
Will answered:
The tax credit is still available to you after you purchase home.

As you may or may not know HUD (Housing and Urban Development) made an announcement on May 12 that they were going to allow home buyers to use the $8000 tax credit as down payment monies by empowering state agencies, non profits and HUD approved Mortgagees to lend the monies to home buyers.

HUD drafted the HUD Mortgagee Letter (2009-15), however, the letter was never officially released.

HUD has since reversed their position on allowing the monetization of the tax credit over concerns that the proposal too closely resembles the now illegal practice of seller funded down payment assistance programs. IRS officials were also concerned that the proposal could create income tax issues.

The government may continue to seek other alternatives associated with boosting affordability and circumventing the 3.5% down payment requirement, but until further notice they have apparently killed this initiative.
... more
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