Finding a Realtor
Detroit is a great place to visit or live. Known for its sports, Detroit is home to several professional sports teams, such as the Pistons, Tigers, Lions, and Red Wings. In 2005, the Baseball All-Star game was held in Detroit and in 2006 Detroit will host the Super Bowl. In addition, Detroit holds the North American International Auto Show every year.
Buying a home in Detroit can be a great experience if you take the right steps needed to ensure a smooth transaction. Here are some helpful tips to keep you on track to live in your new home.
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| Population 951,270 | Median Age 30.9 yrs | Household Size: 2.77 |
| Avg Commute: 28.4 min | Avg Income $29,526 | Avg Home Value: $63,600 |
| July High: 84.8°F | January Low: 17.0°F | |
Buying a Home in Detroit
When buying a home in Detroit you can simplify the process by following the proceeding steps.
First, figure out what kind of home you want to buy and how much you can afford. This will help keep you in the right price range for your pocketbook. Be sure to think about the commute time to work and schools. Also know the resale value of homes in different neighborhoods.
You may want to hire a real estate agent to help you with the whole home buying process. They can give you good advice throughout your transaction.
This step is extremely important…get pre-qualified for a home loan before you make an offer. This will help you to get into your house faster. Then you will want to make an offer on the home you are looking to buy.
You will then want to open an escrow account or have your broker do it to make sure there are no liens on the title to the house. Also, you will want to hire an inspector to make sure your home doesn’t have any major problems that you cannot see yourself. This will potentially save you from thousands of dollars if there are any problems in the house. A termite inspector will also see if there is any pest problems and water damage.
After the property is inspected, you can talk with the seller to figure out who will pay for what and then you can close by going through all the paperwork with your agent. Now you can move in and enjoy your new home in Detroit.
Find out more about buying a home:
A REALTOR® is a real estate professional who is a member of the National Association of REALTORS®