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Understanding Real Estate

 All Your Real Estate Questions Answered!

What are Reserved Items? 

Are you selling your property and wondering which items you are obligated to leave behind?

What is School of Choice?

    Looking for a different school than the one in your district?

What is a Land Contract?

    Is your credit a few points away from qualifying you for a loan?  A land contract might be an option for you.

Can I Sell my home on Land Contract?

     If you are thinking about selling your home on a land contract you and you have an open mortgage, you need to check with your bank first about a due on sale clause.
   

Manufactured vs. Modular homes

     Do you know the difference between these two home types? Would you believe one is delivered in one piece and placed on the property ready for you to move in?

Should I Build New?

     Still looking for your dream home? Maybe the best choice is to build new.

What is an Affidavit of Affixture?

     Purchasing a mobile or modular home? You need this document to state that the home is permanently attached to the land.


Sell Your Home Faster!

     Why does curb appeal matter?
     Passing the appraisal.


Who does the Home Inspection? 

       When purchasing a home, it is your choice to do a home and pest inspection, radon test, and/or well and septic inspection.


What is a Point of Sale Inspection?

     Do you have a well and septic?  Do you need a point of sale inspection in order to transfer ownership?

Nitrates and Nitrites: Your Well Inspection

    A water sample test will be taken during a point of sale inspection. Learn more about these two specific tests here.

Well Inspections and Coliform

     Learn more about this water test that will be done on your home during a point of sale inspection.

Hooking up to Public Services

     If the home you are purchasing or selling has access to public services, you maybe required to pay for the hook up.

What is an Appraisal?

     Find out what an appraisal report is and how it is used in the lending process.
     Know what your home is worth; appraised value.

What does a Title Company do?

     Title companies play an essential role in the home process, don't miss out on receiving their help!

What is a Title Search?

     This search brings light to any known issues with the home's title. Learn more here.

What is a Mortgage Title Insurance Policy?

    What is a mortgage title insurance policy and why do I need it?

What are the Different Types of Deeds?

     Depending on the seller, the transfer of ownership (the deed) will be different.

What are Closing Costs?

     When you buy or sell Real Estate there are fees associated with the transactions, here is the break down.
                 Real Estate Fees
                 Loan and Lender Fees

What is EMD (Earnest Money Deposit) or Good Faith Money?

     Find out why you need to provide a check when making an offer here.

What are the Utility Service Providers for Greater Lansing?

     All Utility service providers in the Greater Lansing area listed here.