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Grosse Pointe : Real Estate Advice

  • All30
  • Local Info1
  • Home Buying10
  • Home Selling1
  • Market Conditions3

Activity 33
Sat Jan 5, 2013
Jeff Smith answered:
Wed Jan 2, 2013
Bob Schweiss answered:
Thu Oct 18, 2012
Suzanne MacDowell answered:
Tax liens take priority over everything else, even mortgages. Has the home actually been seized by the city? Probably not, more than likely they will let the mortgage company know the the taxes are delinquent, that a tax sale is going to be held unless the situation is rectified, and then the mortgage company will pay the taxes and add it to the amount the homeowner owes. ... more
0 votes 3 answers Share Flag
Sun Jan 13, 2013
Cliff Clover answered:
Sure, in many parts of the country this is possible.
0 votes 9 answers Share Flag
Thu Oct 25, 2012
Matheno Ali Bey answered:
It sounds as if you qualify for a short sale.
It will save your credit and prevent the home from being foreclosed on.
I've done several short sales in your area.
Contact me ASAP!

Matheno "Ali" Bey CDPE/NAR

24450 Evergreen Rd. #104
Southfield, MI 48075

(248) 352-1335 office
(248) 238-4622 cell
(248) 208-0315 fax
... more
0 votes 11 answers Share Flag
Fri Sep 16, 2016
Karen Yunck answered:
Good morning,

I don't see a problem,as my colleagues stated, as long as there is no glitches in your credit history. I work with a phenominal lender on premise. Shoot me an email and I will gladly assist you any way I can.
Karen Yunck
... more
0 votes 12 answers Share Flag
Tue Sep 18, 2012
Tim Moore answered:
Speak to some lenders, I think you will have a hard time for some years.
0 votes 4 answers Share Flag
Tue Sep 4, 2012
Pam Bava answered:
What information do you need.
0 votes 5 answers Share Flag
Wed Aug 29, 2012
Alison Hillman answered:
Hi there-

Do you have the Trulia listing? We can help investigate with you!

Ali, Community Manager
0 votes 1 answer Share Flag
Mon Jun 4, 2012
Jeff Smith answered:
Sun Sep 8, 2013
Karen Paytas answered:
Hi Espresso!!

You didn't click on the link of the home you're interested in so I'm not sure how the taxes are currently assessed. If they are non-homestead and your buying the home to live in it they will be converted to homestead taxes and come down. If they are currently at the homestead rate and you bought the home you can fight to get the taxes reduced at the tax tribunal. If you need the assistance of a buyers agent I would be happy to assist.

Good Luck,

Karen Paytas, GRI, CMS
Real Living Kee Realty
... more
0 votes 8 answers Share Flag
Thu Oct 4, 2012
Ron Thomas answered:
A LAND CONTRACT (lousy name for it) indicates that the Owner is financing you instead of a Bank.
You may or amy not be paying the same Interest Rate.
You may or may not have the same terms and jeopardies.

You probably will not have the Credit reported to the Bureaus with a Land Contract.

A Land Contract can be a real CAVIAT EMPTOR for you.

Good luck and may God bless
... more
0 votes 5 answers Share Flag
Fri Jul 8, 2011
Karen Paytas answered:

Good Morning!! We need additional information. What are you looking for in a home? How much are you looking to spend for rent? I'd be glad to supply you with information on leases in the area once I receive more information.

Have a Good Day!

Karen Paytas, GRI, CMS
Real Living Kee Realty
... more
0 votes 1 answer Share Flag
Tue May 8, 2012
A Neighbor answered:
The City park at Lakeland and Jefferson.
0 votes 2 answers Share Flag
Wed Apr 6, 2011
AJ Ackerman answered:
Try and use Trulia's local info application. It's really fantastic for getting information like crime rate.

Have a Great Day!

A.J. Ackerman
0 votes 6 answers Share Flag
Thu Feb 10, 2011
Maureen Francis & Dmitry Koublitsky answered:
Hi B.

How creative of you. I certainly hope you enjoy your special day and future lives together.

Trulia does not typically have a lot of tax professionals on it, and I am not one myself. Personally, I cannot imagine such a tax credit. Tax credits are for donations to non-profit and you and your fiancée are not non-profits.

Maybe you have some friends with a nice house who would like to help you with your dream?
... more
0 votes 0 Answers Share Flag
Fri Nov 26, 2010
Derek Bauer answered:
Some units in that complex have leased between $800 and $1200 per month. I would advise workign with a local real estate agent to secure the best and latest information for any specific property, in any area.

Best to you, and Happy Holidays.
... more
0 votes 0 Answers Share Flag
Sun Nov 14, 2010
Edward T Harris answered:
Tough question and the simple answer is 150,000 - 200,000. Without seeing it, needless to say the fair market value of such a small complex would be what a buyer is willing to pay. Really need to see it. ... more
0 votes 1 answer Share Flag
Thu Apr 29, 2010
Richard Malsed answered:
I don't know how things work there in MI, but out here, that would be considered an income property, and those loans almost always have a higher interest rate. Banks consider income properties higher risk than owner occupied homes. If you were to have financial difficulties, the lender knows that you would be much more likely to let the second home go to foreclosure before you would give up your primary residence. As a general rule of thumb, figure your interest rate about 1% higher than the current rate, and putting about 20% down.
Good luck.
... more
0 votes 4 answers Share Flag
Fri Jun 18, 2010
Maureen Francis & Dmitry Koublitsky answered:
Update your comps. Did you take your appraisal with you last year? Presumably it shows a lower value. Some people hire appraisers to help with a more current appraisal. Your Realtor might help you with newer comps too. ... more
0 votes 2 answers Share Flag
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