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Home Buying in Farmington : Real Estate Advice

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  • Local Info7
  • Home Buying2
  • Home Selling1
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Activity 20
Mon Dec 19, 2016
Kressha asked:
Sat Apr 9, 2016
Antwan Stuckey asked:
I will be NACA qualified soon and have been instructed to start looking for a realtor. I need a realtor that is familiar with the NACA process and has experience working with NACA qualified…
0 votes 0 Answers Share Flag
Fri Apr 10, 2015
Victor Palushaj answered:
Hello,

Please contact your realtor if you are working with one to make the necessary changes. Otherwise try contacting Trulia for assistance.



Respectfully,
Victor Palushaj
RE/MAX NEW TREND
248-470-6912
victorp@remax.net
... more
0 votes 2 answers Share Flag
Thu Jun 20, 2013
Margo Borkin answered:
Hi Amy! If its an issue of credit lines not open enough, sometimes as little as 30 days is all that's needed to boost your score into purchasing territory. In addition to being rare, land contracts are much more expensive then a traditional purchase. They usually want a very high down payment, and the interest rate's tend to be double what is typical of a mortgage. I would with a lot of great lender that are great at giving guidance on what you can do to get your score up.

Feel free to give me a call/email for some names.

Margo Borkin's Office
Real Estate One
$10,000,000 Sold in 2012
6960 Orchard Lake #150 West Bloomfield, MI 48322 | 248-419-3133 | 248-419-0930 fax
2012 Hour Magazine Real Estate ALL STAR - Presidents Council of Excellence
margo@movewithmargo.com
... more
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Wed May 29, 2013
Margo Borkin answered:
Hi, It looks like you posted this in the Farmington Hills, Michigan section so it probably isn't getting seen my realtors in SC. But if you need any help in Michigan let me know!!

Margo Borkin
Real Estate One
margo@movewithmargo.com

$10,000,000 Sold in 2012
6960 Orchard Lake #150 West Bloomfield, MI 48322 | 248-419-3133 | 248-419-0930 fax
2012 Hour Magazine Real Estate ALL STAR - Presidents Council of Excellence
... more
0 votes 1 answer Share Flag
Thu Jun 14, 2012
Marge Bennett answered:
You can file an ethics complaint with the local association of REALTORS or file a complaint with your state I division of real estate. You will need some sort of proof.
0 votes 1 answer Share Flag
Wed Jun 13, 2012
My NC Homes Team answered:
Below is a link to the Michigan State Real Estate Commission whom you contact if you believe you are not being treated fairly. If you are working with a buyer broker they should contact the Broker in Charge of the lsiting company (or have their broker in charge make the call) and have them address your concerns. It is perfectly reasonable to demand that the Seller write "I have reviewed this offer with my agent" on the first page of the offer and have them sign and date it so you know it was presented. ... more
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Tue May 15, 2012
Steve Quintana answered:
In our area, Albuquerque, it is common for REO to be listed with the proviso that bids will be opened 10 days after listing.
0 votes 6 answers Share Flag
Tue May 15, 2012
Steve Quintana answered:
1. The bank may be under the belief that the house is worth the amount of their counter or may think you made a low-ball offer.

2. How long you should wait is a personal choice. Do you have another three months to wait before closing? You may need that much time. Be sure to have you financing lined up for quick action in case you get an accepted offer with a short closing deadline.

3. Consider whether the bank's counter is reasonable. Do you want the property enough to take the offer and be happy?

Using the seller's acceptance in a short sale is not a true measure of the home's value or appropriate selling price point. The seller does not care because they have no equity and just want to get away from the property without a foreclosure.
... more
0 votes 10 answers Share Flag
Mon May 7, 2012
Joe Bertera answered:
What area are you looking for to see what homes recently sold for? Let me know and I can email you a list.

Thanks. Joe Bertera. 248.521.6443. joebertera@gmail.com
0 votes 3 answers Share Flag
Wed Mar 28, 2012
Marge Bennett answered:
Yes, it is entirely possible to have multiple offers within the first day, especially with a home that is very well priced..
0 votes 5 answers Share Flag
Wed Mar 28, 2012
Kawain Payne answered:
Realtor.com often times has listing that have expired or have already closed ewcrow.


Kawain Payne, Realtor
0 votes 3 answers Share Flag
Wed Mar 28, 2012
Kawain Payne answered:
Sadly sometimes they do.There could be several reaons for doing so, but none of them are ethical.

Some realtors just like any other professional service provider will push th enveolop to get the results they desire.

I can only suggest that you make your best and strongest offer up front. Hopfully if your offer is solid you will not have to worry about these tactics.

Kawain Payne, Realtor
... more
1 vote 12 answers Share Flag
Thu Mar 15, 2012
Bob Schweiss answered:
i have bulk housing in southeastern mich. schweiss.r@gmail.com
let me know what your looking for.
0 votes 4 answers Share Flag
Sat Oct 22, 2011
James Campbell answered:
Non Permitted Work, that's always a tricky one. First, I'd go to the building department and ask them about the risks of having a non permitted basement that is non permitted- you may find that this is a fairly simple installation and they may tell you not to worry about it. The second thing to consider is how your resale value will be effected because the work is non permitted- ask local real estate agent if buyers care whether finishing the basement was permitted or not, if the buyers don't care, they you don't have to either, I always recommend disclosing everything you know- so definately disclose that information in your seller disclosures. ... more
0 votes 8 answers Share Flag
Mon Apr 19, 2010
Joan Congilose answered:
Hi Jestamick
If the house received 3 offers on it the same week than it is most likely priced right. If it is a house that you absolutely fell in love with & you got your offer accepted be thankful that you have an agent that knows the market & you got the house! Think positive, & look forward to the day you close. If by chance it should underappraise the lenders have to notify you & you can then contact your lawyer & see if the price can be adjusted so you can still buy the house but most likely it will appraise. ... more
0 votes 4 answers Share Flag
Sat Jan 16, 2010
Randy-Land Trust Expert answered:
Dear Firsttimebuyer,

It sounds like the current owner is holding title to their property in a Land Trust. Therefore, the true owner is the Trustee (of the land trust). As the owner, the Trustee would sign all contracts (at the direction of the beneficiary).Owning property in a land trust is a great way to hide ownership and protect against liens, etc. If you would like to learn more about the benefits of using a land trust, go to: www.realestateforprofit.com

Randy
... more
0 votes 8 answers Share Flag
Mon Apr 6, 2009
Todd Lands answered:
Erlin,
I am sorry I did not see this question until i started to look at your profile. By now you should be a homeowner...
I have worked with them on a couple condos I was selling in the area, it was good.
Kramer-Triad is a fine company with a good reputation in the greater Ann Arbor area. One of my childhood friends worked there for years before starting at another property management company.

I am trying to find the right answer to your other question you asked today about the condo on Eastbury. In the meantime I am trying to understand what you are trying to do with that information by reading your other questions. Are you working with a Buyer's Agent already? I do not want step on anyone's toes but it seems like you need someone to work for you. I will try to get the correct answers for you when the treasurer of Northbury gets back with me (I have E-Mailed the Accountant who gave me the Treasurer info).
Respectfully,
Todd Lands
... more
0 votes 3 answers Share Flag
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