Home Selling

19700 sussex,detroit mi 48235?
what home sold for

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Help! Questions on upgrades when having a house built.?
Okay, we are having a house built. It is almost done & I'm wondering, another home (exactly like ours) in this neighborhood that was just built appraised for almost $95,000 less than what it was bought for & a few days after they were in the home, they had a fenced in yard. (wondering if the builder through that in) So I'm wondering, if our home appraised for around the same & our loan (good faith estimate) is around the same, what would be the chances of them throwing in a fenced yard or screened back porch so they could still receive close to the amount they are asking for. & when would be the best time to ask for this, when we go to closing & our real estate agent wheels & deals for us? Also, there are roughly only 6 homes sold in this neighborhood right now out of 89, so I know that they want to keep the pricing higher, so they can sell homes for more. Hope this explains what is in my head, & thanks to all who can help!! :) ** I meant Good Faith Estimate is approved for what the other home sold for (if that makes sense) ** Acermill- I find that interesting because I have been told by several, including real estate agents, that if the appraisal comes in alot lower than what you are supposed to be purchasing the house for, then most builders would rather include more upgrades and change a few things, like adding a fence, (which doesn't show up when people look up how much you bought your property for) in order to still get the most money out of you. example: you are set to buy a home for $200,000 but the appraisal comes in at $130,000, I have heard builders will try to still get the most money while offering you something that you want. Because, obviously if you wheel & deal, and settle on $180,000, if you tell them you will go to $190,000 if you get a fence, I believe they would do it. This is just an example, though. ** oh & I figured I would have to pay for a fence or whatever. & I know that it will cost more doing it that way. I am talking about adding it in the mortgage. Would the best time to do this be when my agent is talking prices with my builder?

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I did a horrible job of negotiating my house price in 2009....?
I purchased a house in 2009 and did a horrible job of negotiating the price....? I had never purchased a home before and had a realtor that made sure the truth up as he went and then said he forgot to put certain things in writing...oops!! Now in 2012 I see extremely similar homes selling for 5-7K less, does that mean I am out of luck and will lose that when I sell mine in two years to come?? In this area most homes have not lost value but stayed steady or even gained a little. I feel so stupid for believing in him and for being naive. :(

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Need suggestions for naming a nut-free bakery...?
I'll be opening a bakery out of my home, selling mostly at Farmers Markets and for special orders. I'll be doing cookies, muffins, cupcakes, etc. If I do well, I would love to try to get my products into local stores. I'm thinking "nut-free" needs to be in the title as bakeries are normally off-limits for those with nut allergies. My name is Corinna, but I'm thinking if I use my name that it's not common enough to remember or spell. Any ideas? Thanks!

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can a home-buyer successfully renegotiate a bid made on a home sold by HUD ?
Our FHA inspector estimated the repairs on a HUD home to be around $20,000.My project manager and I the buyer as well as my RE agent and Loan Broker worked hard for 6 weeks to get my credit and loan situation on trace, and as a team to get bids from Licensed Contractors to do the required repairs as well as a search for materials to get the costs down to $16,000. for the repairs. Our FHA approved inspector went on vacation and failed to submit the bids and paperwork our Contractors sent to him and the house could not close on time. We filed for an extension and hired another FHA approved inspector who quickly discovered a large amount of mold between walls, ceiling and roof, even the carpeting (rot that the first inspector did not notice!) Everything needs to be replaced and the necessary repairs are estimated to be in the $40,000. range. Now our Lender will not lend on the house and frankly I can not afford the payments on such a high figure loan! So we were able to cancel the sale and HUD refunded my deposit. Okay, but can I make a lower bid on the house; a bid that reflects the amount of damage that my inspector discovered? Or does HUD now automatically disqualify me from buying this house? And my last question is this: Do I have any recourse against FHA who would approve a guy who did such a miserable job for me? I realize that HUD does not have to disclose anything about damage in the houses, but since FHA approved this guy to be an independent inspector , I should have some rights of protection in this legal and financial matter! I paid the sloppy first FHA approved inspector $500. and the second FHA approved inspector $375. and I still have nothing to show for my money! Any sane advice out there in the Real Estate world? I would appreciate it greatly!!

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