Lee Morof's (leemorof) Blog

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Real Estate Agent - RE/MAX Showcase Homes

ARCHIVED BLOG POSTS

2011 

FHA loans are mortgages issued by qualified lenders, including traditional lenders like Citigroup and Wells Fargo, and insured by the Federal Housing Administration (FHA).  The popularity of these loans are skyrocketing and for good reasons.  They feature low down payments, low closing costs and ...
01/31/2011
Some buyers of Royal Oak Michigan homes for sale have an advantage that others don’t in today’s housing market.  They can qualify for an FHA loan.   Federal Housing Administration (FHA) loans help buyers who would otherwise have trouble being approved for a mortgage to purchase one of the Royal O...
01/24/2011
House flipping is still a profitable way to invest in real estate in Southeast Michigan, if you know what you’re doing. I’m going to share one of the biggest mistakes prospective home flippers make and how to avoid it.Choosing the Wrong Real Estate in Southeast Michigan to FlipNothing will make y...
01/17/2011
One of the least understood aspects of Bloomfield Hills real estate home loans is the different types of lenders.  Many people assume they have to get a home loan from a traditional savings and loan.  Not so.  There are many different types of lenders.  Here are the main types of mortgage lenders...
01/10/2011
There are a few misconceptions about buying Bloomfield Hills real estate for sale by owner (FSBO).   Sellers aren’t SeriousSome buyers think that the seller isn’t serious about selling the house, that they’re just testing the market.  While this is true in some cases, most sellers are serious and...
01/03/2011