Moving Tips


5 Results Found

  • Understanding Real Estate Closing Costs

    Closing costs can add thousands of dollars to the cost of a home, so it's essential to know what to expect. RESPA stands for Real Estate Settlement Procedures Act, which requires lenders to disclose information to potential customers throughout the mortgage process. Lending institutions must fully inform borrowers about all closing costs, lender servicing and escrow account practices, and business relationships between closing service providers and other parties to the transaction. For more information on RESPA, visit the U.S. Dept. of Housing and Urban Development's Web site and search on the term "RESPA."

  • Preparing For the Move

    Making sure your belongings will arrive to your new home is often very frustrating or very expensive, and if you are really unlucky both can happen. Should you hire a moving company or plan and move yourself?

  • Understanding Home Warranties

    A home warranty plan is much like a warranty plan on your television or stereo; if something goes wrong within the first year you’ve purchased your home, you’re basically covered. That’s not to say you should go ahead and have a “swinging from the chandeliers” kind of housewarming party, but chances are, if you run the dishwasher one night after dinner and walk into the kitchen 45 minutes later to find sudsy water where your kitchen floor used to be, the warranty is there to help you out.

  • Detroit-Area Company Helps Buyers Break Free From Existing Homes

    Two local homebuilders have partnered with a Midwestern company to entice hesitant customers off the fence and into new homes by offering to rent out their old residences. The program from Detroit-based Marketplace Homes helps overcome the major hurdle homebuyers have when purchasing a new house - how to sell their old one in a down market.

  • Banks say no more short sales

    Any real estate agent is now familiar with the concept of a short sale and many upside down home owners have been explained the process by these agents after their rise in popularity during the recent real estate bust. What is a short sale? It is designed to allow borrowers with mortgages higher than the value of their house to sell their home for a reduced or "short" amount.