Many of my clients decide they would like to build their own home rather than buy an older one. If you are considering buying a new construction home, there are a few things to keep in mind, which I have learned from my clients over the year. The first thing to remember is that prices […]

Everybody wants a bigger house. Well, almost everybody – I’m sure there are some billionaires who are happy with their mansions – but for the rest of us, the idea of a bigger house is usually alluring. And with the still depressed prices in much of the market place, and the still low interest rates, […]

When shopping for your first house, there are many things to consider – where do you want to live, what type of house do you want, what architectural design do you want, how many bedrooms and bathrooms do you need, do you want a big yard or a small yard; the list is as long […]

When purchasing a home, you have to determine if the house will be a Primary Residence, Second Home, or Investment Home. This determination affects the underwriting guidelines, and can impact the rate and terms of an approved loan. For this reason, it is important to understand the differences between these three property types. The easiest […]

There is some buzz in the mortgage world about Fannie Mae’s HomePath program. It is a program I am often asked about, and have heard some pretty interesting misinformation that my clients have received from friends, family, and the internet. At its core, it is a program to help sell foreclosures currently owned by Fannie […]

It’s time to buy a home – but how much can you afford? When a first-time buyer or family starts looking to buy a home in Northville, Novi, Canton or even cities in Oakland county, this question comes up fairly early on.  While many would love to have a big, beautiful home with less than […]

If you’re one of the many interested in buying a home in Northville, you may have considered the potential of purchasing a Northville foreclosure in hopes of saving some money. It’s not a bad idea when you consider that foreclosures have stayed on the rise in more than 26 metro markets around the nation for […]

Getting approved for a mortgage in Michigan is an exciting time.  Equally exciting is being a first-time buyer.  There’s a lot of excitement, energy and emotion tied into that first purchase.  First-time buyers often go all in on a home and have a tendency to overpay just to get the home they fell in with. […]

When you’re buying your first home in the Metro-Detroit area, you don’t need to leave everything your Michigan mortgage lender and your Metro-Detroit real estate agent.  Truth be told, you shouldn’t anyway.  You should be doing your fair share of research and homework to ensure that you’re happy with the home you buy. Once you […]

We’re continuing to see a slow and very steady recovery in the housing market, with a 2% climb in home buying through to the beginning of August.  It’s the current combination of low mortgage rates and much lower home prices – especially in the Detroit area – that’s fueling home sales. First-Time Buyers Are Driving […]