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Home Buying in Ann Arbor : Real Estate Advice

  • All311
  • Local Info20
  • Home Buying112
  • Home Selling15
  • Market Conditions3

Activity 85
Thu Apr 25, 2013
Missy Caulk answered:
428 Crest is under contract as of March 21. Any thing else I can help you with Heather?
0 votes 7 answers Share Flag
Thu Apr 25, 2013
Maryann & Michael Ryan answered:
No, this property is under contract to be sold. If you'd like a list of the condos in and around that area that are available just respond or email me at ryanrealtors@gmail.com. We're happy to help or answer any questions you may have. -Maryann & Michael Ryan ... more
0 votes 4 answers Share Flag
Thu Nov 7, 2013
Alexander Munro answered:
I'll throw my hat in, I'm with the largest firm in Ann Arbor and often I hear about listings before they are uploaded into the MLS. I'm a buyer's agent with the Marygrace Liparoto team and I have the patience to work with first-time home buyers.

Give me a call anytime.
7342726612.
... more
0 votes 8 answers Share Flag
Wed Jan 23, 2013
Michael Huffman answered:
You need to speak with a lender. There will be cost associated with a loan, but there are also different loan options that may allow you to roll the cost into the loan. A lender will be able to explain the options that are available to you based on your financial situation. ... more
0 votes 6 answers Share Flag
Fri Apr 26, 2013
Nina Harris answered:
In order for the space to be counted as living space the area must finished and heated. When listing a home for sale in NY, we do not count the basement in the square footage.
0 votes 5 answers Share Flag
Mon Feb 3, 2014
Tom Stachler, ABR,CDPE answered:
0 votes 8 answers Share Flag
Wed Oct 10, 2012
Karen Paytas answered:
Jules,

Good Afternoon!! Talk to a mortgage lender the time frame for purchasing after a bankruptcy and short sale vary. Ask your friend to refer you to the lender that helped her if possible.

Good Luck,

Karen Paytas, GRI, CMS
Realtor
Real Living Kee Realty
586-709-8465
kpaytas@mirealsource.com
... more
0 votes 5 answers Share Flag
Tue Jun 26, 2012
Sunny asked:
Looking for project homes and unfinished builds within 15 minutes of Ann Arbor to the west, and up to an hour north and east. Looking for project homes and unfinished builds within one ...
0 votes 0 Answers Share Flag
Wed Oct 10, 2012
Karen Paytas answered:
As far as I'm aware you would have to have him on the loan to use his income.

Good Luck,

Karen Paytas, GRI, CMS
Realtor
Real Living Kee Realty
586-709-8465
kpaytas@mirealsource.com ... more
0 votes 2 answers Share Flag
Mon Apr 30, 2012
Martin Popp answered:
This is pretty much depending on your situation. Are you looking for a short or long term residency. Are your finances in order to qualify for a loan? If you plan on a 3 years or more and able to qualify for a mortgage than purchasing a home in this type of market is best. Martin Popp Associate Broker Century 21 Today Brighton MI. 248-885-0753 ... more
0 votes 5 answers Share Flag
Sat May 5, 2012
David McNamara answered:
It just depends on your price range, your daughter's school, campus, etc. Give me a call and we can discuss some options. 734-476-9768. Or email at david@foxwayrealty.com
0 votes 9 answers Share Flag
Wed Apr 11, 2012
Jodi Anne Ross answered:
owning you are not dumping mony into something you'll never own
0 votes 6 answers Share Flag
Sun Mar 11, 2012
Tom Stachler, ABR,CDPE answered:
There are many areas that will appreciate more than others to unique and diverse to mention individually. Good reason to have a buyers agent to help you ID them.

More buyer tips and Leading Ann Arbor Area Buyer Representative info can be accessed at the web site listed below. ... more
0 votes 3 answers Share Flag
Wed Apr 11, 2012
Kathy Toth Team Worldwide answered:
A great buyers agent is a counselor, listener and guide. A great agent provides the resources you need when you need them. Other professionals that may be sourced are lenders, inspectors, lawyers, title insurance experts, surveyors, health inspectors.... A great agent helps you find the best value for your needs and allows you to see all pros and cons so you make your own decisions every step of the way. In our market, it is a huge advantage for a buyer agent to be aligned with a top listing agent on a team because the buyer clients get access to homes before they even hit the market. Many bank homes get assigned to the listing agent who has to prepare the property before it can be marketed and the team knows about this inventory in advance. Interview your agent for experience, testimonials and market knwoledge. Best wishes. GO BLUE! ... more
0 votes 2 answers Share Flag
Mon Mar 5, 2012
Joe Bertera answered:
The short sale process generally takes on average 3-6 to complete. Once a buyer places an offer on a house that is listed as a short sale the negotiations first take place directly with the owner/seller of the house. Once the seller and buyer come to terms that offer is submitted to the seller's mortgage company to be considered for short sale approval and this is where it takes 3-6 months to complete the process for approval. There are many documents the seller needs to submit to their mortgage company so they can make an informed decision on whether or not to approve the short sale. If there are multiple lenders on a house such as a home equity loan, the process can take a little longer. ... more
0 votes 2 answers Share Flag
Sun Mar 11, 2012
Haig Istamboulian answered:
Hello,

First and foremost, go and talk to a lender to get Pre-Approved to see how much house you can afford. Once you do that, interview a few Realtors to see who "fits" with you. Once you have hired a Pro, give them all of the areas and the criteria that you are looking for.

The Realtor will sort through the available properties and email you any potential properties that may fit. Then begin viewing properties that look appealing to you. This will allow you to view only properties that fit within your guidelines.

These are the basics of course. You must also prepare yourself if you are moving, including scouting out schools if you have kids. Do you want to move to an area that offers the arts, or parks or other amenities, then do your homework on those subjects also.

I hope this helps!

Sincerely,

HAIG
Elias Realty
(248) 379-6547
realtorhaig@aol.com
... more
0 votes 3 answers Share Flag
Sat Mar 3, 2012
Eric Michael answered:
Depending on if the home is private-owned or bank-owned (REO), you can try to negotiate for seller concessions. This means that the seller would pay a percentage of the purchase price toward your closing costs. FHA and VA loans can go up to 6% concessions, while conventional loans can ask for up to 3%.
In my experience, no matter what the financing, bank-owned homes (REO) will almost always cap concessions at 3%. Private-owned homes are typically easier to obtain concessions because you are actually negotiating with a seller and not a bank or investor.
... more
0 votes 1 answer Share Flag
Thu Mar 1, 2012
Stephen Connolly answered:
If you work with a competent Buyers Agent that takes alot of the surprises out of the equation. You should also work with a highly recommended mortgage person. This should be your first visit, to get pre approved for your mortgage. If you do these 2 things, usually a transaction is a win win. One other piece of advice, always look to buy a home that would be very marketable when you when you go to sell. Happy House Hunting. ... more
0 votes 4 answers Share Flag
Mon Nov 7, 2011
Ginny Miller answered:
Good Morning!

Yes, this home is still available. If you are in need of a Realtor, working as your buyer's agent, please let me know. I can show you other homes in this area or price range as well, if you'd like.

Best of luck to you.

Ginny Miller
Realtor, Edward Surovell Realtors
Ann Arbor, MI
734-330-1879
... more
0 votes 3 answers Share Flag
Thu Jan 12, 2012
Maureen Francis & Dmitry Koublitsky answered:
Hi Tim,

Property taxes are typically prorated in Michigan. The seller pays them through the end of the taxation period and then the buyer reimburses the seller at close for the period after they become the new owner. ... more
0 votes 2 answers Share Flag
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