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% …
So you are getting ready to close on your new Plymouth home. And your mortgage person just sent over the closing documents for you to review. You are looking at the HUD 1 settlement statement which is the paper that spells out all …
What are site condos?. In Michigan some homes are built as a condo association. Some of the reasons builders build Michigan site condos are they escape some building restrictions. The builder is able to cut through some of the cities red …
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 …
My real estate agent didn’t care about me – all they wanted to do was sell me a house Read more »
Home Negotiation tips Putting an offer in a home is stressful. Let’s say you have put in an offer on a Plymouth home. You are all hyped up about getting the home you have chosen. You want the Metro Detroit home but you …