About the Saline, Ypsilanti and Ann Arbor Real Estate Market Are you a renting a house, condo, or apartment? Thinking of purchasing an investment property? Then this is the market for you. There are a lot of houses on the market and not a lot of buyers looking right now. There are a lot of houses priced at the low end that are in great shape. Rather build a house? New construction is going strong with many places opening new phases, some clearing land, and some selling the last lots. See below for a list of new construction homes. Contact me for more information about taking advantage of the current market or about any of the new construction homes. Request my Free Saline, Ypsilanti and Ann Arbor Relocation Package. It's packed full of useful and important information about the Saline, Ypsilanti and Ann Arbor, Michigan area. Don't move here without it! Remember: I'll send it to you for free and without obligation. Which neighborhoods offer the best values? It's my job to help! Ask me any question, or request my FREE relocation package of information on Saline, Ypsilanti and Ann Arbor. There's no obligation, and I promise to respond quickly... 
Real Estate Contracts >Personal Property
When you purchase a property, it usually includes the land and everything attached to it, such as buildings, trees, shrubs, etc. Most buyers are only interested in purchasing the real estate, not the owner's personal property. What happens when personal property has become a part of the real estate? Is it actually a "fixture" which will now convey to the buyer with the real estate?
There are three tests which usually need to be satisfied. Has the personal property been permanently annexed to the real estate? Is it intended to become part of the real estate? What is the local custom? Fixtures may include shades, heaters, ranges, screens, storm windows, lighting fixtures, etc. To save misunderstanding at the closing--and perhaps the sale--it is important that the seller spell out specifically in the sales agreement what will go to the buyer as part of the property.
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What is a VA home loan?
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The Office of Veterans Affairs guarantees small or no-down payment mortgage loans made by lenders to U.S. veterans. |
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