HOUSING & FINANCING OPTIONS: HOUSING OPTIONS

Sales & Real Estate Marketing

We are master marketers! We have over 25+ years in marketing and sales experience. We know what it takes to get your property sold. We have rare knowledge on negotiating short sale payoffs, and alternative financing options to offer to buyers and sellers. We're different because of our unique experience in the market place.

For Sale

Multi-Listed Properties

We can find properties that are available on any multi-list system, or with any "for sale" sign in front of the home. We can make your search easier by offering custom "filtered" searches and lists of properties with specific criteria: # of bedrooms, baths, specific amenities, and areas. We can even narrow it down to specific streets and neighborhoods.

Bank Foreclosures, REO's & Investments

We pride ourselves in cooperating with many banks and investors over the years and have gained valuable knowledge and have established relationships in obtaining up-to-date "HOT" properties that are being offered for sale well under market value. The condition of these properties range from move-in-condition to "fixer uppers". We can also customize a list of multi-listed bank owned or reo properties in specific areas, and specific amenities. We also can assist in managing your real estate investment portfolio by offering PROPERTY MANAGEMENT services for those who don't want the hassle of collecting rents, coordinating repairs, etc.

Unique Housing: Lofts, Condos, One of Kind Properties

We have a special connection to the "creative class". Are you looking for a unique or one-of-a-kind Dwelling? We have expertise and knowledge of lofts, condos, live-work and new development Dwellings in the Metro-Detroit area including hot downtown properties, historic and trendy and upscale areas. Like Detroit, Royal Oak and Birmingham.

FINANCING OPTIONS

Mortgage Financing

We can refer you to our preferred team of mortgage specialists. Our team has over 30 years in mortgage experience and can assist you in obtaining the best mortgage product for your unique financial and credit situation. If you are unable to obtain traditional mortgage financing, we can offer alternative financing options & housing for you including Land Contracts

Land Contracts

A Land Contract is also known as seller financing, where the seller finances a buyer's purchase of the home instead of a mortgage company or bank. Payments are made directly to the seller, and the buyer takes a vested interest in the property. A Buyer enjoys all the benefits of home ownership including tax deductible interest and taxes. This is a great option for someone who cannot get traditional mortgage financing due to credit issues, alternative income (self-employed or non-documentable income). The terms and payments are negotiable for a land contract, but typically involve an "exit plan" -a plan to eventually pay off the land contract within a few years. Not all sellers can offer land contract terms. Land contract terms can only typically be offered on properties which do not have an underlying mortgage on the property. Properties with underlying mortgages can be offered with Lease W/Option to Buy terms.

Lease W/Option To Buy

A Lease W/Option To Buy is renting to own. A buyer pays an "option fee" (anywhere from 1 month rent to 10%) which typically will go towards down payment for future purchase. The owner of a property gives buyer/tenant an "option" to purchase the property at a pre-negotiated price and date, often with part of the buyer/tenant's monthly payment going towards a down payment. This is a viable option for someone who cannot (or doesn't want to) qualify for a mortgage loan or land contract, and may need a little time to between a major credit hit or foreclosure. The term of a lease w/option to purchase is negotiable, but typically is a minimum of 1 year to a maximum of 5 years.

Rentals

Rental properties are available in all shapes and sizes: single family homes, condos, lofts, apartments, duplexes, etc. Terms for a rental ranges from month-to-month, yearly lease, or multi-year lease. A rental property is great for someone who may not necessarily want to enter to ownership in the near future, or does not have an "exit plan" to purchase. Alternative income such as SSI, Social Security, Section 8 Vouchers, and Self-Employed people can take advantage of a rental.

PROPERTY MANAGEMENT

Property Management Services

We offer Property management services for investors and homeowners who don't want the headache of being a landlord. We offer custom packages for those who own 1-20 units. Here are just a few of the services we offer:

  • Rent Collection & Disbursement
  • Coordination of Repairs
  • Tenant Screening
  • Custom Reports
  • Initial Court Filing and Attorney Coordination

SHORT SALES

WE CAN HELP YOU AVOID FORECLOSURE AND RUINING YOUR CREDIT!

Are you in a housing crisis?

Are you struggling to make your monthly mortgage payment?

Are you in an adjustable rate mortgage, but you can't refinance because of decreased value in your home?

Do you want to sell your house but owe too much?

Housing Crisis Options

Short Sale

A short sale is a reduced payoff of your existing loan or loans. In a short sale, the mortgage company (or companies) agree to take less than what is owed , release their lien, and allow you to either consider it paid in full, or negotiate any deficiency with them. If you want to sell your property and move on, this is the best option for you.