Metro Detroit UAW auto workers
The Auto bailout and my fellow Metro Detroiters Hey all you union people. I know you already have had enough of our US Senate. Particularly those Republican senators that want you to take a pay cut. I agree that lots …
Month: December 2012
My real estate agent didn’t care about me – all they wanted to do was sell me a house
I have heard that too many times lately? Many homeowners are now regretting they bought Michigan homes in the last few years. They bought at the top of the market. They paid top dollar. They wanted “that home”. They had to …
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Oakland County real estate statistics
OAKLAND County MI real estate statisticsDecember 2008 Oakland County Single Family Residence Time Period Number of Sales Median Sale Price Oct 2008 905 $160,000 Oct 2007 856 $175,000 Sep 2008 922 $174,450 Sep 2007 753 $185,000 2008 YTD 8,224 $170,000 2007 10,268 $185,000 Oakland County Condominiums …
Mortgage closing costs – recording fees
Watch out for hidden fees on your mortgage Recording fees are common on the HUD 1 settlement statement for Metro Detroit real estate closings. Unfortunately recording fees are a necessary fee for mortgage closing costs. And recording fees vary because it depends on the County …
FHA downpayment
FHA mortgages FHA down payments go up in January. It used to be 3 percent, but in January all buyers will have to have a 3 1/2 percent down payment. It is not a huge difference, but FHA wants buyers to …