No you can't borrow from the bank! -Canton home buying tipsNo, you can't borrow your down payment for your new home from a bank. Your down payment in most cases has to be your money. It has to be in a bank account. Not cash in a safety deposit box. Usually the money has to be in a bank account for two months. With FHA loans you can get a "gift" of money from a close relative. Usually that means parents, brother, sister, and grandparents. The bank usually does not check who it is really from. I have heard of in-laws, and more distant relatives giving the money. So long as the gift letter is filled out correctly I don't believe the banks verify the relationship between the two people. So you can't go to the credit union and borrow $3000 for your down payment. The banks want you to have some of your own money into the house. They have found when borrowers have their own money into the house the less likely they are going to let it go into foreclosure. The other reason they don't want you to borrow the down payment is that it is another debt. It is another payment you must make. So you can never borrow the down payment from a bank to buy a Canton home. If you have more questions about the home buying process give me a call or email me. I will be glad to answer your questions. If you want to see any Canton homes for sale, please give me a call or email me. 313-310-9855 Search Canton foreclosure and home listings Real Estate Videos: West Bloomfield first time home buyer tips - buy a home or condo Livonia first time home buyer tips - pre-approval letters Canton Short sales - What does short sale approved mean? West Bloomfield Lake, West Bloomfield MI Lotus Lake properties Oakland County MI Michigan lake info
http://www.detroitmichiganrealestatehomes.com/00583B Posted on Nov 05, 2011 @ 8:20 pm by russ.ravary - View Profile
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Buy a house that will grow with your family - Canton home buyer tips.One of the biggest tips I can give any Canton home buyer is to buy a home that will grow with your family. If you are just getting married don't buy a 2 bedroom house. Unless you are single I never recommend buying a 2 bedroom home. I recommend you to buy a home with at least 3 bedrooms. A three bedroom home will always sell quicker than a two bedroom home. So the re-sale of a two bedroom home will be limited because again you are limited to people without families. You can always use the third bedroom as an office, a craft room, or a play room for the kids. So when buying a piece of Canton real estate, buy a house that will grow with your family and one that you will be able to sell easier. You will be glad you bought a three bedroom home instead of a two bedroom home years from now. If you are interested in buying a Canton home please give me a call or email me at yesmyrealtor@gmail.com 313-310-9855 Search Canton homes for sale South Eastern Michigan real estate Real Estate Videos: Canton foreclosures - home buying tips Novi real estate home buyer tips - comparables Russ Ravary real estate Livonia MI Michigan relocation - Plymouth - Northville real estate Michigan Lake Info:
http://www.detroitmichiganrealestatehomes.com/005838 Posted on Nov 02, 2011 @ 7:30 pm by russ.ravary - View Profile
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How is the neighborhood? Canton home buying tipsHow is the neighborhood? Canton home buying tips As a Realtor legally we can't answer racially charged questions? We can't tell you what races live there, or what the predominate religious type of residents that live there. IT IS ILLEGAL. I could lose my real estate license and be fined heavily. It is not worth it to me. Sure I know you have reasons why you to know those answers. Sometimes it just those clients feel more comfortable buying a home where there are people like them. But they have a law against us talking about things like that. They even send out "special buyers" to check whether we are discriminating. What I can tell you if that metro Detroit and Canton are becoming more and more racially diverse city each and every year. There is no city that is racially or religiously exclusive anymore. Maybe 10 - 15 years ago it was so. Sure there are some cities like Dearborn that have a large Arabic population. Metro Detroit has many areas where certain ethnic groups seem to be in greater numbers. It is not different than New York's Italian area, Chicago's Mexican Village, or San Francisco's China Town. Home buyers sometimes like to be near people that have their same background,. Plus there most likely be places of worship, grocery stores, and clothing stores that speak their language and cater to what they need. So if you would like to know about a neighborhood drive through it at different times of the day. Get out and talk to the neighbors. That's the best way to learn about a neighborhood you are interested in. If you are interested in buying a Canton home, please give me a call or email me at yesmyrealtor@gmail.com Search Canton real estate Real Estate Videos: Canton foreclosures - home buying tips Novi real estate home buyer tips - comparables Whitmore Lake, Northfield Township, MI Pontiac Lake White Lake Michigan Michigan Lake Info:
http://www.detroitmichiganrealestatehomes.com/005811 Posted on Oct 26, 2011 @ 12:00 pm by russ.ravary - View Profile
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Moving to Southeastern Michigan - choosing a new Metro Detroit homeMoving to Southeastern Michigan can be very stressful. What are the local schools like? Is the community safe? Do they have a good police force or fire department? Is there stores and banks that I am used to nearby? What about places of worship and recreation areas? How far is this subdivision from the freeways, or to my work? These are probably just a few of the questions that are on your mind. I have lived in the area for over 40 years. I know southeastern Michigan very well and can help you get the information you need to make a sound choice when choosing a new Metro Detroit home. There are areas of Detroit I would not recommend to buyers if they are looking for safety. I probably wouldn't recommend Detroit or Pontiac if you are looking for a top ranked school system. I would recommend Warren or Taylor if you were looking for a lake area. I wouldn't recommend Redford, or Oak Park if you were looking for a rural area. I am an experienced relocation specialist that can help you to learn about out the southeastern Michigan area. We are the very best at introducing newcomers to our varied, culturally diverse neighborhoods. Whether you are moving across town, across the country or across the world, we can assist you in your real estate needs. Our Southeastern Michigan Relocation Services Include:
So give me a call or email me to get more in-depth Michigan relocation information. My cell is (313) 310-9855 or yesmyrealtor@gmail.com Real Estate Videos: 365 things to do in Metro Detroit Tull Lake sunset White Lake Twp MI Woodland Lake homes Brighton MI Hammond Lake Oakland County MI Michigan Lake Info:
http://www.detroitmichiganrealestatehomes.com/0057EB Posted on Oct 23, 2011 @ 1:15 pm by russ.ravary - View Profile
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Canton Township Real estate - Canton homes for saleCanton Township was once a farm community that has grown from a little over 5,000 40 years ago to just under 80,000, as of the 2000 census. Canton Township is just 25 minutes from Detroit and Metro Airport because of Metro Detroit's great highway system. And it is only 20 minutes to Ann Arbor! From 1980 to 2005 the next 25 years Canton grew tremendously. Canton Township real estate became more valuable because of the building boom. It grew steadily westward from I-275. Canton homes got bigger and more expensive. In the 1970's and 1980's there were a lot of Canton ranches and tri-levels built. But in the 1990's and 2000's Canton real estate changed. The primary home styles became colonials and cape cods. Most new Canton homes that were being built were now over 2000 square feet with 3-4 bedrooms. There were homes being built in Canton that were over 4000 square feet. Canton Township has become a well organized community with shopping districts, parks, and beautiful subdivisions due to a good master building plan. So if you have a Michigan relocation in your future take a look at Canton real estate and homes. It's a safe city with a good school system. It may be just what you are looking for! If you are interested in Canton Township Real Estate, please give me a call or email me. 313-310-9855 Canton MI relocation information Canton Twp data and information Real Estate Videos: Canton Short sales - What does short sale approved mean? Livonia Short Sales - what is a short sale Canton foreclosures - home buying tips Novi real estate home buyer tips - comparables Brooklane Subdivision Northville MI Michigan Lake Info:
http://www.detroitmichiganrealestatehomes.com/0057E9 Posted on Oct 21, 2011 @ 8:40 am by russ.ravary - View Profile
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