Chat about Macomb County MI real estate & Homes for sale search site

Ask anyone who has applied for a mortgage recently about the process and I’m sure one of the first things that is mentioned is “Oh my gosh, the lender wanted everything you can think of!”   I always smile when I hear these comments coming from my buyer clients, because even though I’ve told them that [...]

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A recent phone call that was placed to me from someone who had read many of my articles for first time home buyers leads to this one being written now.  The caller was confused because she had been led to believe that FHA had income limits, and that the loan limit was part of the [...]

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I will probably sound like a broken record   (if you are old enough to remember vinyl records): Once again there is chatter and some serious talk about the government raising FHA down payments to 5%. (Currently the down payment for an FHA mortgage is 3 1/2 percent.)  This is just one of the changes being [...]

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I am doing a happy dance while sitting in my desk chair.  I just finished reading this article that was posted a bit ago at ABC online. What a win for the consumer! In a nutshell (read the article at the link provided above, you’ll be glad you did) a man in Pennsylvania wrote to [...]

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Over the last year I’ve tried to keep my readers up to date on changes that were coming for FHA mortgages and what it means for future home buyers in my Macomb County area. One of the gentlemen that I look to for advice when it comes to FHA mortgages is Jeff Belonger.  He is [...]

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Wow.  Once again we have some major mortgage changes coming and until things are settled (by HUD and FHA) it could become very confusing for home buyers, and will most certainly affect the Macomb County area as well as the rest of the state. One website that I am thrilled about is called Mortgage Myth [...]

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Normally when people think about buying a home they start out searching for homes on the Internet. They have their wish list and must have list in mind, they have a good idea about what city they want to reside in, and they have a bit of an inkling of how much their new home [...]

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Yes.  In Michigan there is a program called MSHDA that still has down payment (and closing cost) assistance to home buyers.  There are income limits, however they have become more generous over the years.  There are also purchase price limits, but as with the income they are also higher than in years past. For example: [...]

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I dislike pressuring people, especially home buyers.  If you would ask my previous clients they’d be apt to say that I’ll talk them out of purchase rather than talk them in to one. That being said, if you are thinking about buying a home solely to take advantage of the first time home buyers tax [...]

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One of the areas that has been hit hardest in this buyers market in Macomb County is the condo market.  So many to choose from and those on the market are taking much longer to sell. The good news? Interest rates are fabulous, and most condos in our area qualify for FHA or VA financing.  [...]

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