Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Milan : Real Estate Advice

  • All23
  • Local Info0
  • Home Buying10
  • Home Selling1
  • Market Conditions2

Activity 18
Wed Oct 7, 2015
Hi Tabetha,
There are many areas near you that are eligible for USDA, which is a 0% down payment program. The catch is that the home has to be in an eligible area and your HOUSEHOLD income has to be UNDER a certain limit ($94,600 in Washtenaw county, a little less in other areas)

If you don't meet those requirements, the VA would be another 0% down option if you happen to be a veteran of the armed forces.

Outside of that, Fannie Mae offers a 3% down payment program for qualified first time home buyers or FHA offers a 3.5% down program and you don't need to be a first timer.

I'm a local lender with 15 years lending experience and I'd love to help you out. Feel free to give me a call or email me and we can review your options and help get you approved.


Tony Grech
Sr. Mortgage Loan Originator – NMLS #977416
Luxury Mortgage Corp
29200 Northwestern Highway, Suite 300
Southfield, MI 48034
Mobile: 313-622-7383 | Direct: 248-714-4914 | Fax: 248-415-1522
... more
0 votes 1 answer Share Flag
Mon Jan 19, 2015
San Martin asked:
Sat Jun 21, 2014
Sharon Felton answered:
There are a lot more details that I, as a Realtor, would need to know in order to answer your question skillfully. What do you mean by "it needed a septic tank"? Is there a current septic tank that is non-functional? Is it non-functional because it hasn't been pumped or maintained -- or is there no tank at all? If that's the case, how has the plumbing been handled so far on this property? Was it once on sewer and the former owners decided to switch to septic? Is it, perhaps, plumbed for 3 bedrooms but the owners carved the space into 4 bedrooms (and hence it's no longer in code)?

As you can see, there are lots of issues here. Obviously, having a functional septic system or being connected to a sewer system is a prerequisite for any home. If you happen to win the home, your next move should be to get an experienced home inspector AND a plumber there. Best of luck!
... more
1 vote 1 answer Share Flag
Fri May 16, 2014
Derek Tunison answered:
I am a mortgage specialist in Michigan. I would start by taking a brief application to see if you would be approved for a loan. The application does not take long, and you would have an answer quickly.

If you are interested in getting Pre-Approval for a loan, please give me a call.

Thank you!

Derek Tunison
Sr. Loan Specialist
First Mortgage Corporation
41950 Hayes Rd
Clinton Twp, MI 48038
NMLS 162605
Cell: 586-306-8994
... more
0 votes 1 answer Share Flag
Thu Jan 30, 2014
Ginny Miller answered:
Tim and Crystal,

This home, because it's a modular home, does not qualify for Rural Development lending. You are right about the area though.

Please contact me about other homes in that area. I know of at least one that might work well for you if you liked the one on Jewell, and it would also qualify for the rural development loan.


Ginny Miller
Realtor, Howard Hanna Realty Services

... more
0 votes 1 answer Share Flag
Thu Jan 16, 2014
Carmen Knick answered:
Absolutely! Banks like clean offers not always just the highest.
0 votes 4 answers Share Flag
Thu Jan 16, 2014
Carmen Knick answered:
This home is currently under contract.

0 votes 2 answers Share Flag
Thu Nov 7, 2013
Brian McNamara answered:
I pulled up 8 listings in Milan that fit your description. Email me at and I'll send you the list.

I'll be in Milan all day, so if you want to see any houses let me know.

... more
0 votes 1 answer Share Flag
Sun Aug 25, 2013
Don Tepper answered:
Here's a link to a blog I wrote on how to find lease-option/lease-to-own homes: (In your area, most would be called land contracts, which are structured a bit differently, but achieve the same goal.)

Hope that helps.
... more
0 votes 2 answers Share Flag
Wed May 15, 2013
Keith Jean-Pierre answered:
I would suggest you try the regular rental sites: (Rentals Section) (Rentals Section) (Rentals Section)

Between all of those, you will get a very clear picture if you can find what you are looking for. Good luck!
... more
0 votes 1 answer Share Flag
Fri Jul 9, 2010
Penny asked:
Fri May 14, 2010
Anna M Brocco answered:
Not knowing all the details--protect yourself--consult with your attorney regarding any legal agreements regarding the property.
0 votes 2 answers Share Flag
Wed Jan 6, 2010
Sam Shueh answered:
I suggest you review your credit with a credit repair specialist determining what it takes to get your credit up... It may take a few months to see result. One step a time saves you a bundle. ... more
0 votes 6 answers Share Flag
Wed Jan 6, 2010
Paul Dumke answered:
Having a local Realtor refine a search on the MLS for land contracts is the best way. You could also run an ad noting what you are looking for.
0 votes 1 answer Share Flag
Thu Jun 11, 2009
Michael Thompson answered:

I don't know if you have any luck with the properties you were looking to bid on in the Milan area in April. The key with bank homes is finding out about them as soon as possible and making your offer as "clean" as possible. Bank properites are always listed on M LS systems so realtor's can ususally provide you the information, just make sure you select one who's experienced and has dealt with bank-owned properties in the past.
... more
0 votes 2 answers Share Flag
Thu Jan 8, 2009
Tamara Smith answered:
I emailed the full MLS property profiles for both the old and current listinfs for this property to you. There have been only three other recent sales in the vicintiy of this property, for substantially higher (150 to 300,000 range) but all three had substantial acreage. Let me know if I can be of any assistance.
Tamara Smith
Associate Broker
c: 313-779-9282
... more
0 votes 2 answers Share Flag
Search Advice
Milan Zip Codes