Locking in a mortgage rate in Metro Detroit and around the country. Here is what happens when you lock a Michigan mortgage loan. You tell your mortgage loan officer to lock your loan at 4.875% on a 30 year fixed rate. The loan officer …
For years we have thought our grandfather was part of the Detroit’s Purple Gang. The reason we thought so was that my grandmother was a waitress up near Rose City where the Purple Gang had their “Graceland Ballroom” hangout. My …
Why is the bank requiring me to have an escrow account? The reason a bank requires you to have escrows or an escrow account (they mean the same thing) is because you don’t have 20% down. If you do not have a down payment of 20% …
Farmington Real Estate Farmington and Farmington Hills Michigan are bandied about as if they are one and the same. They are two separate communities with two different governments. Farmington Hills city Data Farmington Hills was incorporated in 1973 and has over …
Everybody wants to buy a bargain Metro Detroit home. Of course some of the best deals are in Metro Detroit area foreclosures. But there may be an issue with that foreclosure that will stop you from buying it!!! I was out …