Today's real estate market offers one of the most cost effective time in history to buy a new home. With the inventory of foreclosed properties, also known as Bank Repos, or REOS (Real Estate Owned), it becomes an incentive and a golden opportunity for first time home buyers here in Livingston County Michigan.
With great deals in the Brighton, Howell, Hamburg, Pinckney, and Hartland areas, there are even better deals to be found in the Fowlerville area, with more acreage available if that is your objective in searching for a new or existing home. The current inventory of existing homes for sale here in Livingston County is at a 25 year high.
Financing options are plentiful with the FHA, VA, Conventional and Rural Development 100% financing programs. The FHA 203k program also allow you to borrow the money for financing if any repairs are necessary to bring one of these foreclosed homes to minimum standards to pass inspection for mortgage financing. Please click here to obtain financing information. Mortgage Center.
Currently our business has taken off for the last several months. Where is the market going? Where is the slow season from the holidays? Is this foreclosure market an indicator of how of a new wave, and that there is no seasonal influence? How is your Business doing and what are you doing to be successful?