Here is a chart of how a loan progresses in Ann Arbor with the new Good Faith Estimates and new HUD Guidelines. Courtesy of Tom Richardson of Liberty Title.
Here is a look at the new Good Faith Estimate if you are buying or going to be buying a home in the Ann Arbor Area. This is the first change to the form in 17 years. The whole idea of a new form was to make the lending process more transparent to the consumers. […]
Getting a home loan in Ann Arbor. Today I attended a Continuing Education Class taught by Tom Richardson, General Counsel of Liberty Title Company. The next several posts I am going to go through the steps as everyone who is buying a home in Ann Arbor Area is being affected by the new Good Faith […]
Ann Arbor and all of Washtenaw County residents, FHA has made changes to their lending criteria. Sellers will now only be allowed to ask for 3% in seller concessions. This is important as many home buyers need 6% on their homes. In Michigan where many times the sellers have moved the home as gone back […]
8940 Albany Ct is being held open on Sunday, January 24th from 2-4. 8940 Albany Ct is located in York Place sub-divison off Willis Rd between Fosdick and Bemis. Gorgeous custom home in Saline School Area District. Original owners designed and built from the ground up. 8940 Albany Ct. would make a perfect home for […]
Title Insurance in Ann Arbor When you buy or sell a home in Ann Arbor, you need title insurance. The seller buys 1/2 of the title insurance based on the sale price of the house. The buyer purchases title insurance on the mortgage amount. Friday I attended seminar sponsored by the new Washtenaw Councel of […]
Saline Real Estate year in review, is a graph that you can play around it. I posted on how to use the graph yesterday when I did the Ann Arbor year in review. Since the chart is interactive you can move the lower portion with your cursor and move the graph one month at a […]