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2024 Chevrolet Detroit Grand Prix | May 31 – June 2, 2024 The Detroit Grand Prix has a storied history, beginning as a Formula One race on the streets of the Motor City in 1982, and then transitioning through various phases. After Formula One’s tenure from 1982-1988, the event welcomed the Championship Auto Racing…
Read More2024 Memorial Day Parades
Memorial Day in the USA originated after the Civil War, initially called Decoration Day, as a time to honor Union soldiers by decorating their graves with flowers. It was first widely observed on May 30, 1868, when General John A. Logan called for a nationwide day of remembrance for more than 600,000 soldiers killed in…
Read MoreNo Surprises at Closing: Understanding Every Dollar of Your Michigan Mortgage Costs & Prepaids
Are you considering buying a new home or refinancing your current mortgage in Metro Detroit or Michigan? If so, it’s essential to understand how much money is going to be needed to complete the transaction. Besides the down payment on purchase transactions, there will be mortgage closing costs and prepaid expenses. It may sound…
Read MoreLuxury vs. Necessity: What FHA 203(k) & HomeStyle Loans WON’T Cover in Metro Detroit
Embarking on a renovation journey with FHA 203(k) or Fannie Mae HomeStyle loans can be an exciting prospect for homeowners in Metro Detroit and Michigan. These loan programs offer the opportunity to transform properties into dream homes. However, it’s essential to understand which renovations are ineligible and eligible under these programs to avoid any…
Read MoreBeyond Basic Repairs: What You CAN Do with FHA 203(k) & HomeStyle Loans (Michigan Expert Explains)
Embarking on a renovation journey with FHA 203(k) and Fannie Mae HomeStyle loans opens up a world of possibilities for homeowners in Metro Detroit and Michigan. These loan programs offer the flexibility to finance a wide range of improvements, allowing homeowners to transform their properties into dream homes. In this blog post, we’ll explore the…
Read MoreFrom Fixer-Upper to Dream Home: Hiring the Best Contractor for Your Metro Detroit Renovation Mortgage
Embarking on a renovation project in Metro Detroit, Michigan, whether it is a new purchase or a refinance to include renovations, can be an exciting endeavor, but it also requires careful planning and execution. One crucial aspect of the process is selecting a contractor who is not only skilled in their craft but also familiar…
Read MoreRefinancing for Savings or Spending? Understanding Limited Cash Out vs. Cash Out in Michigan
Homeowners in Metropolitan Detroit often explore various options to optimize their financial situations, and refinancing is a common strategy. The two refinancing options are the Limited Cash Out Refinance and the Cash Out Refinance. In this blog post, we will delve into the definitions of each, highlighting three pros and cons for both types…
Read MoreBeyond Basic Remodels: FHA 203(k) vs. HomeStyle – Which Loan Fits Your Michigan Renovation Vision?
Exploring Fannie Mae Homestyle Renovation Loan vs. FHA 203(k) Loan: A Guide for Homebuyers in Metro Detroit, Michigan For homebuyers in Metro Detroit and across Michigan, the dream of owning a home that perfectly fits their needs often involves considering properties that require some renovation. In such cases, financing options like the Fannie Mae Homestyle…
Read MoreSmall Updates or Big Transformations? Understanding FHA 203(k) Loan Options in Michigan
Understanding FHA 203(k) Full and Streamline Loans: A Guide for Homebuyers in Metro Detroit, Michigan For homebuyers in Metro Detroit and across Michigan, finding the perfect home often involves considering properties that need a little TLC. Fortunately, the FHA 203(k) loan program offers two options—the Full and Streamline loans—that…
Read MoreThe Smart Refinance for Veterans: Discovering the Power of the VA IRRRL in Metro Detroit
Unlocking Savings for Veterans: The VA Interest Rate Reduction Refinance Loan (IRRRL) For our esteemed US Military Veterans and active service members, in Metro Detroit and all around The Great State of Michigan, financial stability is a cornerstone of a secure future. One way to ensure financial well-being…
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