Welcome to our site!
Here you will find a wide variety of useful information and resources designed to help you buy or a sell a home more effectively in the Waterford areas. From information on the local community, to advice about finding a mortgage or preparing your home to sell, it's all available here on our web site.
You can also search for your ideal home by viewing current listings with detailed descriptions and photos. Or you can get help determining the value of your home by requesting a report that includes the prices of similar homes that recently sold or are currently for sale in the Waterford areas.
So whether you're buying or selling, feel free to contact us and we will be happy to help you with all your real estate needs.
Buyers
Everyone knows what happened to housing prices in Oakland County and the surrounding areas. Unemployment, foreclosure and bank owned properties have taken a huge toll on our local real estate market. Even though prices and interest rates are low, it is still not as easy as you would think to purchase a property in this environment. Whether you are moving up, buying your first home or making a real estate investment, there are many challenges in this market. Before making an offer on a bank owned property, short sale listing or a property that may be in foreclosure, you need to understand how these situations will affect your ability to successfully negotiate an offer. Multiple offers, highest and best notifications and lengthy bank addendums often make this process confusing and frustrating. Fortunately, if you keep the end goal in site, the reward can be a great purchase - at a great price!
As a result of the 'mortgage meltdown' and high foreclosure rates, it can be difficult to navigate the mortgage process. There is plenty of money at low rates available with a low down payment. An FHA mortgage is probably the best financing vehicle in this market, but it can take time and patience to get the 'clear to close' at the end. You must work with a loan officer that you trust, who understands the process, and then you must work hard yourself to make sure they have everything they need from you to successfully get you that mortgage. Again, the rewards are there - a home or investment at an unbelievable price.
We'll help you search and locate a home meeting your specifications using the most current technology, assist you in lining up a qualified inspector to check out the property, and then put you in touch with several lenders that can help you with financing your new home. Read more
Sellers
As Certified Distressed Property Experts, we specialize in working with sellers who are in financial distress by helping them avoid the devastating consequences of a foreclosure through the successful negotiation of a short sale.
If you are in distress, please do not get discouraged and give up! A successful short sale can end your foreclosure and give you the ability to move on. You may even be able to purchase another home in about two years. There is so much information on the web about short sales, you owe it to yourself to visit our CDPE website where you can get information that you can trust. Right now many short sales are being handled by an agent who was neither trained nor qualified to work in the complex, detailed world of short sales.
A home that is properly listed, properly documented, properly prepared and submitted with the completed paperwork to the lender, should not end up in foreclosure. Lenders do not want your home! Lenders want to be shown why they should accept the short sale offer presented to them. They do not just accept any uncompleted short sale file put on their desk; they have to be convinced with the facts, data, marketing material, etc., that the short sale meets all their criteria. Lenders must be convinced that by accepting the short sale offer they will ultimately save thousands and thousands of dollars.
Since 2008 we have closed short sales with Bank of America, Countrywide, Chase, Wells Fargo, GMAC, Citibank, America's Servicing Company, TCF, Green Tree Servicing, Wachovia, Litton Loan Servicing, Specialized Loan Servicing, OneWest and US Bank. Read more
