Buying a House in Southeastern Michigan

The Detroit Area Real Estate and surrounding Markets have been dominated by short sales and foreclosures over the past few years.  In recent months, the number of these properties have all but dried up from the market.  

Three-quarters all recent sales are normal, conventional and FHA sales without Lender owned properties.  Although, short sale and foreclosed properties will be part of the marketplace for the near future, they are playing a less dominant role then a few years ago.  A few Detroit metropolitan areas are reporting low inventory levels. The low levels are forcing buyers to have a home loan in advance of any offer to purchase and cash buyers are being required to show proof of funds prior to offer acceptance. 

Realtor Home Buyers Guide www.micitysearch.com

We work with local mortgage specialists that have proven knowledge of the Detroit area market.  Based on our previous experiences, we urge you to consult us before to committing to an out of state or internet mortgage company. 

The home buying experience can create stress.  More often than not stress is from a misunderstanding of the process and the unknown variables that can arise with different properties and markets. To help understand process the National Realtor Association and TopProducer have assembled a Home Buyer's Guide loaded with best practices and tips. 

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IDX provided courtesy of Realcomp II Ltd., via Coldwell Banker Weir Manuel -Northville. Copyright 2017 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.