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 …
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 …
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 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 …
Whether it is a Wayne County For sale by owner or an Oakland County FSBO, FBSOs don’t believe in the established real estate system. Some of the reasons they don’t have faith in real estate agents or the Metro Detroit real estate system is: they …