Biuying Yoout Farmington Hills Home Money

Buying Your Farmington Hills Home-How Much To Borrow

Thomas Gilliam Blog , buying a home , buying a home in oakland county michigan , Farmington Hills , Mortgage , Uncategorized Leave a Comment

The “rule of thumb” regarding loans is that your monthly housing payment such as the taxes, bills, insurance, mortgage, etc., should not be more than 28% of your income that you receive every month. When it comes to FHA loans, the balance of ration might be higher. The question that remains is, “How much do I need to borrow when buying your Farmington Hills Home?” Here’s what you should focus on: it all comes down to “down payment”. The higher the amount you have saved, the easier it will be to get a mortgage loan for your Farmington Hills home. …

Advice On Interpreting Farmington Hills Michigan Inspection Reports

Property inspections can be a confusing step in the real estate buying process. Home buyer emotions tend to be high and there is a lot of information to process. Understanding how inspections function may make it less difficult to deal with when the time comes. The following is advice on interpreting Farmington Hills Michigan inspection reports. Inspection Purpose Inspections afford buyers the chance to scrutinize the major systems in a home, analyze more closely the property features, and understand how everything in the property functions. Buyers should select a certified inspector to perform this task. They typically inspect the hardware, …

Showing | Buyers Need Space

Showing | Buyers Need Space

Thomas Gilliam Uncategorized Leave a Comment

Showing Your Home and Tips to Help When you have your home up for sale, you may be told that you shouldn’t be around during the showing.   In some cases, your listing agent may not even be there for every showing. It might just be the buyers and their real estate agent. So, who will be there to make sure buyers don’t miss a thing? You know your house better than anyone else. You can point out all of the features that a buyer or their agent might miss. And maybe you will be able to get a read …