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Category: Buyer Tips

We may not have a home, but we are looking good – a Metro Detroit foreclosure story

Posted on December 30, 2012 Posted in Buyer Tips, First time home buyers

Metro Detroit Home Buyer advice I just love it…. but don’t you wonder about the people down the street that lost their home to foreclosure but are still driving their expensive cars.   I see it quite a bit being in …

We may not have a home, but we are looking good – a Metro Detroit foreclosure story Read more »

How much do I have to save to buy a Metro Detroit Home

Posted on December 30, 2012 Posted in Buyer Tips, First time home buyers

First Time Home Buyer Tips As a new home buyer one of the biggest questions is:  ” what is the minimum amount of money you need to buy a home?” The minimum amount down needed for most Metro Detroit homes is 3 1/2%.  FHA mortgages are a relatively …

How much do I have to save to buy a Metro Detroit Home Read more »

Michigan Buyer agent

Posted on December 30, 2012 Posted in Buyer Tips, First time home buyers

Metro Detroit Buyers agent A buyers agent represents only you the buyer.  What that means is that they keep everything you tell them confidential.  They are working for you and you alone.  They know what you want and what you are looking …

Michigan Buyer agent Read more »

Mortgage terms and explanations

Posted on December 30, 2012 Posted in Buyer Tips, First time home buyers, Mortgage & Credit Info

What is a conforming loan or conventional loan? There are all sorts of mortgage loans but there were 3 major types Conventional loans (conforming loans) FHA Loans Sub-prime or non-conforming loans The terms conventional or conforming loans are usually used to mean the same …

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Never buy a home without these 3 things

Posted on December 30, 2012 Posted in Buyer Tips, First time home buyers

When people buy homes without these three things it can lead to problems.  Sometimes people buy homes with cash and aren’t required by the bank to get this important items done. Never buy a home with out getting: Appraisal/comparables Inspection …

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