Detroit Real Estate http://www.detroitmichiganrealestatehomes.com/ Detroit Real Estate resource for Detroit, Livonia, Plymouth and Wayne County Homes for Sale, en-US http://blogs.law.harvard.edu/tech/rss 60 What does construction loan mean? Livonia real estate terms http://www.detroitmichiganrealestatehomes.com/what-does-construction-loan-mean-livonia-real-estate-terms Mon, 30 Jan 2012 08:26:04 -0500 russ.ravary Buyer Tips Livonia Relocation resources First time home buyers misc thoughts 22692@http://www.detroitmichiganrealestatehomes.com/ <p><strong><em>What does construction loan mean? Livonia real estate terms. Construction loan </em></strong>is a short term loan to pay for the construction of buildings or homes. These are usually designed to provide periodic disbursements to the builder as he or she progresses. </p> <p>It is very hard to get a construction loan because of the mortgage meltdown. </p> <p>For more information on <strong><em>Livonia</em></strong> <em><strong>Real Estate terms</strong></em>, or if you are interested in <em><strong>buying a Livonia home</strong></em>, please give me a call at 313-310-9855 or email me at <a href="mailto:yesmyrealtor@gmail.com">yesmyrealtor@gmail.com</a></p> <p><strong><em><a href="http://searchforhomesvip.russravary.com/" target="_blank">Search for Livonia homes</a></em></strong></p> <p><strong><em><a href="http://www.michiganlakerealestatehoms.com/" target="_blank">Michigan Lake information</a></em></strong></p> <p><strong><em><a href="http://www.russravary.com/" target="_blank">Livonia home information</a></em></strong></p> <p>Michigan Lake Info:</p> <p> <table border="0" cellspacing="4" cellpadding="0" width="100%"> <tbody> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000786346&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Voorheis Lake</a></td> </tr> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000792640&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Wabeek Lake</a></td> </tr> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000791441&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Wallace Lake</a></td> </tr> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000630033&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Walled Lake</a></td> </tr> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000777331&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Walnut Lake </a></td> </tr> </tbody> </table> </p> What does construction loan mean? Livonia real estate terms. Construction loan is a short term loan to pay for the construction of buildings or homes. These are usually designed to provide periodic disbursements to the builder as he or she progresses.

It is very hard to get a construction loan because of the mortgage meltdown.

For more information on Livonia Real Estate terms, or if you are interested in buying a Livonia home, please give me a call at 313-310-9855 or email me at yesmyrealtor@gmail.com

Search for Livonia homes

Michigan Lake information

Livonia home information

Michigan Lake Info:

• Voorheis Lake
• Wabeek Lake
• Wallace Lake
• Walled Lake
• Walnut Lake

]]> http://www.detroitmichiganrealestatehomes.com/what-does-construction-loan-mean-livonia-real-estate-terms#comments What are closing costs? Farmington Hills real estate terms http://www.detroitmichiganrealestatehomes.com/what-are-closing-costs-farmington-hills-real-estate-terms Sun, 29 Jan 2012 06:22:12 -0500 russ.ravary Buyer Tips Farmington Hills Relocation resources First time home buyers misc thoughts 22691@http://www.detroitmichiganrealestatehomes.com/ <p><strong><em>What are closing costs? Farmington Hills real estate terms. Closing costs </em></strong>are the expenses, over and above the price of the property, that are incurred by buyers and sellers when transferring ownership of a property. Closing costs normally include an origination fee, property taxes, charges for the title insurance and escrow costs, appraisal fees, etc. Closing costs will vary according to the are country and the lenders used. </p> <p>Today, normal closing costs range between 2000 and 2500 dollars.&#160;&#160; </p> <p>For more information on <em><strong>Farmington Hills Real Estate terms</strong></em>, or if you are interested in <em><strong>buying a <em><strong>Farmington Hills </strong></em>home</strong></em>, please give me a call at 313-310-9855 or email me at <a href="mailto:yesmyrealtor@gmail.com">yesmyrealtor@gmail.com</a></p> <p><strong><em><a href="http://searchforhomesvip.russravary.com/" target="_blank">Search for <em><strong>Farmington Hills </strong></em>homes</a></em></strong></p> <p> <p><strong><em><a href="http://www.michiganlakerealestatehoms.com/" target="_blank">Michigan Lake information</a></em></strong></p> </p> <p><strong><em><a href="http://www.russravary.com/" target="_blank"><em><strong>Farmington Hills </strong></em>home information</a></em></strong></p> <p> <p>Michigan Lake Info:</p> </p> <p> <table border="0" cellspacing="4" cellpadding="0" width="100%"> <tbody> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000777317&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Tull Lake </a></td> </tr> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000733424&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Tyrone Lake </a></td> </tr> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000785778&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Union Lake</a></td> </tr> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000789394&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Upper Pettibone Lake</a></td> </tr> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000779513&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Upper Silver Lake</a></td> </tr> </tbody> </table> </p> What are closing costs? Farmington Hills real estate terms. Closing costs are the expenses, over and above the price of the property, that are incurred by buyers and sellers when transferring ownership of a property. Closing costs normally include an origination fee, property taxes, charges for the title insurance and escrow costs, appraisal fees, etc. Closing costs will vary according to the are country and the lenders used.

Today, normal closing costs range between 2000 and 2500 dollars.  

For more information on Farmington Hills Real Estate terms, or if you are interested in buying a Farmington Hills home, please give me a call at 313-310-9855 or email me at yesmyrealtor@gmail.com

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Michigan Lake information

Farmington Hills home information

Michigan Lake Info:

• Tull Lake
• Tyrone Lake
• Union Lake
• Upper Pettibone Lake
• Upper Silver Lake

]]> http://www.detroitmichiganrealestatehomes.com/what-are-closing-costs-farmington-hills-real-estate-terms#comments What is a closing? Canton real estate terms http://www.detroitmichiganrealestatehomes.com/what-is-a-closing-canton-real-estate-terms Sat, 28 Jan 2012 08:17:05 -0500 russ.ravary Buyer Tips Canton Relocation resources First time home buyers misc thoughts 22690@http://www.detroitmichiganrealestatehomes.com/ <p><strong><em>What is a closing? Canton real estate terms. Closing</em></strong> is the meeting between the buyer, seller, title company and lender or their agents where the property and funds legally change hand, also called settlement. Closing costs usually include the origination fee, discount points, appraisal fee, title search and insurance, survey, taxes, deed recording fee, credit report charge and other costs assessed at settlement. The cost of closing are usually about 3 percent to 6 percent of the mortgage amount. </p> <p>A title company is usually the paymaster in a closing.&#160;&#160; </p> <p>For more information on <em><strong>Canton Real Estate terms</strong></em>, or if you are interested in <em><strong>buying a Canton home</strong></em>, please give me a call at 313-310-9855 or email me at <a href="mailto:yesmyrealtor@gmail.com">yesmyrealtor@gmail.com</a></p> <p><strong><em><a href="http://searchforhomesvip.russravary.com/" target="_blank">Search for Canton homes</a></em></strong></p> <p><strong><em><a href="http://www.michiganlakerealestatehoms.com/" target="_blank">Michigan Lake information</a></em></strong></p> <p><strong><em><a href="http://www.russravary.com/" target="_blank">Canton home information</a></em></strong></p> <p>Michigan Lake Info:</p> <p> <table border="0" cellspacing="4" cellpadding="0" width="100%"> <tbody> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000777812&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Tamarack Lake</a></td> </tr> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000778430&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Tioga Lake</a></td> </tr> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000777272&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Tipsico Lake</a></td> </tr> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000778215&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Tomahawk Lake</a></td> </tr> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000791332&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Tommys Lake</a></td> </tr> </tbody> </table> </p> What is a closing? Canton real estate terms. Closing is the meeting between the buyer, seller, title company and lender or their agents where the property and funds legally change hand, also called settlement. Closing costs usually include the origination fee, discount points, appraisal fee, title search and insurance, survey, taxes, deed recording fee, credit report charge and other costs assessed at settlement. The cost of closing are usually about 3 percent to 6 percent of the mortgage amount.

A title company is usually the paymaster in a closing.  

For more information on Canton Real Estate terms, or if you are interested in buying a Canton home, please give me a call at 313-310-9855 or email me at yesmyrealtor@gmail.com

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Michigan Lake information

Canton home information

Michigan Lake Info:

• Tamarack Lake
• Tioga Lake
• Tipsico Lake
• Tomahawk Lake
• Tommys Lake

]]> http://www.detroitmichiganrealestatehomes.com/what-is-a-closing-canton-real-estate-terms#comments What does certificate of eligibility mean? Metro Detroit real estate terms http://www.detroitmichiganrealestatehomes.com/what-does-certificate-of-eligibility-mean-metro-detroit-real-estate-terms Fri, 27 Jan 2012 09:12:08 -0500 russ.ravary Buyer Tips Relocation resources Other Metro Detroit Cities First time home buyers misc thoughts 22689@http://www.detroitmichiganrealestatehomes.com/ <p><strong><em>What does certificate of eligibility mean? Metro Detroit real estate terms. Certificate of eligibility </em></strong>is the document given to qualified veterans which entitles them to VA guaranteed loans for homes, business and mobile homes. Certificates of eligibility may be obtained by sending form DD-214 (Separation Paper) to the local VA office with the VA form 1880 (request for Certificate of Eligibility). </p> <p>Simply put no Certificate of Eligibility, no VA loan.&#160;&#160; </p> <p>For more information on <strong><em>Metro Detroit</em></strong> <em><strong>Real Estate terms</strong></em>, or if you are interested in <em><strong>buying a Metro Detroit home</strong></em>, please give me a call at 313-310-9855 or email me at <a href="mailto:yesmyrealtor@gmail.com">yesmyrealtor@gmail.com</a></p> <p><strong><em><a href="http://searchforhomesvip.russravary.com/" target="_blank">Search for Metro Detroit homes</a></em></strong></p> <p><strong><em><a href="http://www.michiganlakerealestatehoms.com/" target="_blank">Michigan Lake information</a></em></strong></p> <p><strong><em><a href="http://www.russravary.com/" target="_blank">Metro Detroit home information</a></em></strong></p> <p>Michigan Lake Info:</p> <p> <table border="0" cellspacing="4" cellpadding="0" width="100%"> <tbody> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000790390&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Softwater Lake</a></td> </tr> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000778667&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Sodon Lake</a></td> </tr> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000778088&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Square Lake Bloomfield</a></td> </tr> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000593049&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Stison Lake</a></td> </tr> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000777277&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Sugden Lake</a></td> </tr> </tbody> </table> </p> What does certificate of eligibility mean? Metro Detroit real estate terms. Certificate of eligibility is the document given to qualified veterans which entitles them to VA guaranteed loans for homes, business and mobile homes. Certificates of eligibility may be obtained by sending form DD-214 (Separation Paper) to the local VA office with the VA form 1880 (request for Certificate of Eligibility).

Simply put no Certificate of Eligibility, no VA loan.  

For more information on Metro Detroit Real Estate terms, or if you are interested in buying a Metro Detroit home, please give me a call at 313-310-9855 or email me at yesmyrealtor@gmail.com

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Michigan Lake information

Metro Detroit home information

Michigan Lake Info:

• Softwater Lake
• Sodon Lake
• Square Lake Bloomfield
• Stison Lake
• Sugden Lake

]]> http://www.detroitmichiganrealestatehomes.com/what-does-certificate-of-eligibility-mean-metro-detroit-real-estate-terms#comments What does cash flow mean? West Bloomfield real estate terms http://www.detroitmichiganrealestatehomes.com/what-does-cash-flow-mean-west-bloomfield-real-estate-terms Thu, 26 Jan 2012 07:07:00 -0500 russ.ravary Buyer Tips Relocation resources First time home buyers misc thoughts West Bloomfield 22688@http://www.detroitmichiganrealestatehomes.com/ <p><strong><em>What does cash flow mean? West Bloomfield real estate terms. Cash flow </em></strong>is the amount of cash derived over a certain period of time from an income producing property. The cash flow should be large enough to pay the expenses of the income producing property (mortgage payment, maintenance, utilities, etc.)</p> <p>Simply put cash flow is what is left over from the rent after the costs of insurance, mortgage payment, and taxes are paid. Also you have to remember you will have repairs when buying a rental house that come up throughout the process.&#160;&#160; </p> <p>For more information on <strong><em>West Bloomfield</em></strong> <em><strong>Real Estate terms</strong></em>, or if you are interested in <em><strong>buying a West Bloomfield home</strong></em>, please give me a call at 313-310-9855 or email me at <a href="mailto:yesmyrealtor@gmail.com">yesmyrealtor@gmail.com</a></p> <p><strong><em><a href="http://searchforhomesvip.russravary.com/" target="_blank">Search for West Bloomfield homes</a></em></strong></p> <p><strong><em><a href="http://www.michiganlakerealestatehoms.com/" target="_blank">Michigan Lake information</a></em></strong></p> <p><strong><em><a href="http://www.russravary.com/" target="_blank">West Bloomfield home information</a></em></strong></p> <p>Michigan Lake Info:</p> <p> <table border="0" cellspacing="4" cellpadding="0" width="100%"> <tbody> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000792505&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Round Lake White Lake Twp</a></td> </tr> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000596453&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Runyan Lake</a></td> </tr> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000777437&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Rush Lake</a></td> </tr> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000630583&amp;aid=031500346&amp;temp=1295&amp;">&#8226; School Lake</a></td> </tr> <tr> <td><a href="http://www.detroitmichiganrealestatehomes.com/getagent/Pages.php?Page=0000779519&amp;aid=031500346&amp;temp=1295&amp;">&#8226; Schoolhouse Lake</a></td> </tr> </tbody> </table> </p> <p>&#160;</p> <p>&#160;</p> What does cash flow mean? West Bloomfield real estate terms. Cash flow is the amount of cash derived over a certain period of time from an income producing property. The cash flow should be large enough to pay the expenses of the income producing property (mortgage payment, maintenance, utilities, etc.)

Simply put cash flow is what is left over from the rent after the costs of insurance, mortgage payment, and taxes are paid. Also you have to remember you will have repairs when buying a rental house that come up throughout the process.  

For more information on West Bloomfield Real Estate terms, or if you are interested in buying a West Bloomfield home, please give me a call at 313-310-9855 or email me at yesmyrealtor@gmail.com

Search for West Bloomfield homes

Michigan Lake information

West Bloomfield home information

Michigan Lake Info:

• Round Lake White Lake Twp
• Runyan Lake
• Rush Lake
• School Lake
• Schoolhouse Lake

 

 

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