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Category: First time home buyers

Buying a metro Detroit home with no money down

Posted on December 23, 2012 Posted in Blog, Buyer Tips, First time home buyers

Did you know that if you have no money to put down on a house or no money for closing costs that you can still buy a home in Metro Detroit. (2 part series) There is still a way to …

Buying a metro Detroit home with no money down Read more »

Am I missing out on the deals in Metro Detroit homes?

Posted on December 23, 2012 Posted in Buyer Tips, First time home buyers

Yes there are many well priced Metro Detroit foreclosures on the market.  Does it mean that you have to jump in and buy immediately?  I don’t think so.  Foreclosures are still on the rise.  What that means to you as …

Am I missing out on the deals in Metro Detroit homes? Read more »

Buying a new home – what not to do

Posted on December 22, 2012 Posted in Blog, Buyer Tips, First time home buyers

Buying a new home and getting a mortgage When getting a mortgage on a new home purchase in the Metro Detroit real estate here are some things to not to do. Don’t quit your job Don’t take out any new loans. …

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Closing costs – title closing costs – recording fees

Posted on December 22, 2012 Posted in Blog, Buyer Tips, First time home buyers

When buying Metro Detroit Real estate you will encounter many different fees on  the HUD settlement.  Mortgage closing costs can be very confusing.  Under the title company fees you will see a category called recording fees. When you have a …

Closing costs – title closing costs – recording fees Read more »

Buying Metro Detroit foreclosed properties

Posted on December 22, 2012 Posted in Blog, Buyer Tips, First time home buyers, Foreclosures, investment properties, landlord

When buying Metro Detroit foreclosures you have to read the bank addendums carefully.  I give you my most recent case.  I have taken over a purchase agreement to the seller’s agent.  We had gone back and forth verbally to reach an …

Buying Metro Detroit foreclosed properties Read more »

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