In the last month or so I have received more phone calls about an article I wrote last year that warned Macomb County MI home buyers about “tagged” homes and the certificate of occupancy that is needed before they can move in.
There are 2 things I have learned from these calls: 1) Some buyers agents [...]
Entries Tagged as 'Appraisals in Macomb County MI'
An increase in calls about “tagged” homes after purchase - what Macomb County buyers should know BEFORE they buy!
June 29th, 2011 · No Comments · Appraisals in Macomb County MI, Buyers agency, macomb county mi real estate market, tips for purchasing a foreclosure
Tags:Appraisals for home buyers·Buyers agent in Macomb County MI·certificate of occupancy in macomb county mi·foreclosures in macomb county mi
Buying a foreclosure or bank owned home using FHA? What you need to know about FHA (or VA) repairs
June 6th, 2011 · No Comments · Appraisals in Macomb County MI, fha mortgages and first time home buyers, tips for home buyers, tips for purchasing a foreclosure
One of the most frequent issues that I run in to while representing a home buyer in my area (Macomb County, St. Clair County, Oakland County) is the fact that so many homes are foreclosures (bank owned) and my buyer clients are using an FHA or VA mortgage.
FHA has what I term “health and safety” [...]
Tags:fha mortgage in macomb county mi
Making an offer to purchase a Macomb County home? Ask your buyers agent to help you avoid an appraisal issue
February 5th, 2010 · No Comments · Appraisals in Macomb County MI, macomb county mi real estate market, tips for home buyers
When you plan on purchasing a home using mortgage money it doesn’t matter what type of mortgage you are applying for (FHA, VA, Conventional) - your mortgage lender is going to order an appraisal of the homes value.
They will want to make sure that the amount of money you are asking to borrow is not [...]
Tags:Appraisals for home buyers·macomb county michigan real estate market
Another change to the home purchase process
May 10th, 2009 · No Comments · Appraisals in Macomb County MI, macomb county MI
One of the new changes to the process that occurs during home buying has been implemented: HVCC - the Home Valuation Code of Conduct - went into effect on May 1st of this year.
If a home buyer is using a conventional mortgage (not FHA or VA) the appraisal that is ordered will now be subjected [...]

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