FAQ's about Real Estate Answers to real
estate questions
including a few rumors, myths and facts.
REAL
ESTATE
Everyone knows somebody who wants to give them advice
about real estate...
Advice that comes from a trusted
friend or relative is often accepted without question. However, unless that
advice is offered by someone who spends a great deal of time keeping
up with the real estate market, it may be erroneous.
We've put together answers to the questions we most
commonly answer as professional Realtors. We keep up
with our business - we're certain that it won't lead you
astray.
Buyer Basics
What is the MLS?
What are the standard
ways of finding out
how much a home is worth?
What is the difference
between
market value
and
appraised value?
How do I know if I'm ready to buy a
home?
How does a lender decide the loan amount
I can afford?
Is the advertised square footage
accurate and how is it calculated?
What is
Earnest Money?
How much should I set aside?
What is a Seller's disclosure?
Why must I sign the Seller's disclosure?
The Seller made false statements about
the home I purchased, What can I do?
What is a "Home Warranty" and do
I need one?
Are those real estate
schemes I see on
infomercials real?
About the
home...
The
home has hot water baseboard heat.
Can I install air conditioning?
Selling a
home in the
Lansing real estate market
How does the mortgage "crisis"
affect the sale of my home?
What can I do to sell my home in
this market?
How do I sell my house by owner?
Foreclosures
What is a foreclosure?
What is a HUD home?
What is a "sheriff's
sale"?
Will a mortgage lender
finance a sheriff sale
property?
I know a home is in
foreclosure. Why isn't
it being offered for
sale?
Can I negotiate the
price of a bank owned
home?
I
can't pay my monthly
mortgage. What do I do?
What is a "short sale"?
What problems are associated
with making an
offer on a "short sale"
property?
Lease
Option
What is a Lease Option?
What risks do a lease option
hold for a buyer?
What benefits do a lease
option hold for a seller?
REAL
ESTATE
Lansing, East Lansing, Okemos, Haslett,
Williamston, DeWitt, Bath, Perry, Holt, Mason,
Leslie, Dansville, Stockbridge,
Webberville, Grand Ledge, Charlotte, Olivet,
Potterville, Eaton Rapids, St. Johns,
Laingsburg, Owosso, Portland
1651 West Lake Lansing Road, East Lansing,
Michigan 48823
Office:
517-324-3200
Fax:
517-324-3201
Toll Free:
877-326-3772
Email:
Lawtongroup.com
Member of the Greater Lansing Association of
Realtors
Michigan Association of Realtors
National Association of Realtors
Realtor.com
