A Foreclosure May Not Be Your Only Option
A “Short Sale” is the sale of a home for less than what is owed to the lender when there is proof of hardship and financial distress.
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Quickly Find Out What that Home Down the Street Sold For, By Email, for Free. If you are considering selling your Canton, Plymouth and Northville, Michigan home, you are probably wondering what other homes in the area are selling for. There might be one home in particular that you'd like to know the sale price on, or you might be interested in all the homes that have sold recently in your Canton, Plymouth and Northville neighborhood. We can help! We can tell you exactly what any home sold for in your area. We will furnish you with a list of homes that have recently sold on your street or in your neighborhood. We can also tell you about homes similar to yours that are currently for sale. This service is entirely free, without obligation. As top Canton, Plymouth and Northville real estate agents, this is part of the service that we provide to home sellers on a daily basis.  Find out what a home or property sold for, by email, for free! It's our job to help you determine real estate values in Canton, Plymouth and Northville! There's no obligation, and we promise to get back to you quickly...
Financing Your Home >Hybrids Offer Low Rates In the field of home financing, "hybrid" mortgages have grown in popularity with homebuyers. With interest rates gradually rising in today's market, the hybrid mortgage product saves money, provides a period of fixed-rate security and helps buyers qualify for financing.
Hybrid mortgage loans offer a very low fixed-rate for a period of time, usually from 5 to 7 years, then revert to an adjustable rate mortgage (ARM) for the remainder of the term of the loan. The interest rate is typically lower than with a 30-year fixed-rate loan, and the borrower has the assurance that the rate will not change for a period of years. Such a loan works well for buyers who plan on reselling the home within a finite period.
Other specialty mortgages now available include an ARM loan with a provision allowing it to be converted to a fixed-rate loan when that is a practical step for the borrower. Still others offer an interest-only loan that requires payments to be made on the interest only for a specified number of years, then reverts to an amortized loan with interest and principal payments each month. Consult with an experienced mortgage professional to determine whether one of these loan products will meet your needs.
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What time of year is considered the busiest for homebuyers and sellers?
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Real estate is a year-round business, but spring is still considered the best time of year to showcase a home. |
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