Michigan mortgages – explanation of escrows
Michigan mortgages – explanation of escrows When you get a Michigan mortgage you may need escrows…Here is a my explanation of escrows. Escrow definition: When you have less than 20% down (less than …
Category: Mortgage & Credit Info
How to reduce your Michigan property tax assessment
How to reduce your Michigan property tax assessment It doesn’t matter whether you are a Northville home owner, West Bloomfield landlord, or a Canton real estate investor everybody wants to reduce your Michigan property tax …
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Michigan mortgages – explanation of tax pro-rations
Michigan mortgages – explanation of tax pro-rations If you are buying a Metro Detroit home and getting a Michigan mortgage here is a quick explanation of tax pro-rations. Here is my definition of tax pro-rations: Tax pro-rationsare the amount of money you will owe …
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Metro Detroit first time home buyer tax credit deadline
Only 67 days left to get your first time buyer tax credit. Many people think you have 97 days left but they are forgetting about the time the mortgage takes. A mortgage takes 30 days. So thirty days are going …
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Time is running out for your $8000 first time home buyer tax credit
If you are thinking of buying a Metro Detroit home through a short sale and want the $8000 tax credit you need to get going. Many short sales take up to 4 months to complete. And sometimes after the four monthes the bank may …
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