Archive for the 'Real Estate' Category

The Top 10 Reasons To Not Buy A Home In Michigan Until 2010

Thursday, October 23rd, 2008

1. First off, I really do not think anybody should be buying a home for any reason until 2010. There is nothing stopping home values dropping around the country. What needs to happen first is we need to have a leveling out period. 2. Home prices are expected to drop in the greater Detroit, MI [...]

The Top 10 Reasons Why You Should Give Up Trying To Refinance Your Mortgage If The Appraisal Comes In Low

Thursday, October 16th, 2008

1. Let’s say that you are trying to refinance your mortgage. It does not matter if it is because you are trying to refinance from a adjustable rate mortgage to a 30 year fixed rate mortgage or if you are just looking to take cash out of the equity of your home. Every single mortgage company [...]

The Top 10 Reasons Realtors Do Not Like FHA Loans

Friday, August 22nd, 2008

1. The FHA loan has became popular once again over the past 6 months mainly due to it being one of the only 100% financing loans able to use to buy a home. With all of the major mortgage companies going bankrupt around the country they all lost their ability to use their own loans. [...]