Westland, MI

I have been helping a young lady try to buy her first home in Westland. We have been finding some good houses but the problem is that she is losing the bids. She has a limited amount of money and the price range she is in attracts a lot of investors.

We have lost 2 homes lately because the cash buyers are winning over her mortgage bid. She has bid over the asking price but she has lost the homes. And she can't go any higher. So today we went out and put a bid in on another house. It was a nice house, so I need some prayers from my fellow active rainers.

I need some good vibes. The price point my buyer is interested in is the $20,000 to $35,000 price range. Believe it or not you can get some very nice ranches or bungalows in the Metro Detroit real estate market in that price range. 1 out of 20 are a great deal. (And of course that is what we are bidding on)

The others need work. Who knows if we keep losing the bids we may have to step back and go for some of the ones that need a little work. The investors are no dummies and are bidding above list to get the home. And of course the banks are going to accept a cash offer over an offer with a mortgage. The banks will sometimes even accept a little lower priced cash offer because they feel it is a sure thing. But we are going out there and bidding our best to get it.

Search Metro Detroit foreclosures

Get the latest listings emailed and a personalized list of homes that fit your criteria emailed to you weekly

Russ Ravary's VIP Metro Detroit home search club

Search Michigan lakefront homes for sale

Today I was showing a young lady Westland foreclosures. She doesn't make a lot of money, she only works at IKEA. But Westland, Garden City, Inkster, Wayne, and Dearborn Heights have lots of foreclosures under $50,000.

You can get a 800 to 1200 square foot ranch or bungalow for as little as $15,000. Sure in that price range they are going to need work and TLC but in the upper $40,000 range you are going to find some very nice homes.

Many of the Garden City foreclosureswhere nicely updated. Most were built in the 1950's yet they had newer windows, decent roofs, some with updated kitchens and baths. Sure they don't have granite counter tops.

I met a young man with his grandfather peeking in the windows of one Westand foreclosure that was listed for $19,000. I let them in to take a look at it. They asked me what I thought of the house. I told them, sure it wasn't in top shape but you couldn't build the frame of the house for $19,000. Where could you live for $350 a month. Because with a mortgage payment, taxes, and insurance that 's what it would add up too.

That's what is great about some of these reasonable Metro Detroit homes for sale. You can buy a house and live cheaper than you can rent an apartment. You own the place, you can get a tax deduction for the interest you pay. That's why it is a great time to buy metro Detroit foreclosures.

Search Metro Detroit foreclosures

Russ Ravary your Oakland and Wayne County real estate agent

A little bit about Westland MI

Westland MI is what I would call a "blue collar" town in Western Wayne County. Westland is just one of many of Metro Detroit suburbs. It is a working mans town. You won't find any mega mansions here. People are more apt to drive a pickup truck or SUV than a foreign car in this car company suburb.

Sure you might find a Jaguar, Mercedes, or Lexus parked here in the City of Westland but you will see more Fords, Chryslers, and GM vehicles parked in the driveway of Westland residents.

Westland MI primary home styles are ranches and bungalows with basements. The bungalows are usually about 1000 to 1200 square ft and the ranches range from 1000 up to 1800 square feet. Many of the homes were built in the 1950, 1960s, 1970's, 1980's. Though after the 1980's there have been many nice 1600 - 2500 square foot colonials built.

Here are a few sites that have more info about Westland

Westland City Data

Westland Crime Statistics

Westland MI Information

Westland foreclosures MI

If you want to get the latest bargain Westland homes for sale emailed to you as they come on the market Join my Westland homes for sale VIP club. You can also sign up for other cities and Westland foreclosure listing to be emailed to you on the same page.

Russ Ravary your local Westland Realtor

Westland real estate blog

Q. I'm interested in a Westland MI home that's a short sale. Who pays for real estate city inspections and how do I know if one has been done?

A. Unless specifically negotiated in the purchase agreement, it's the seller's responsibility to schedule and pay for the inspection, which is $180 for a single family residence. A City inspector reviews the major mechanical systems, health & safety items, and any issues that violate the Property Maintenance Codes.

Call the City of Westland Building Department at (734) 467-3210 to see if the inspection has been completed. If it has, you can go into their office and review the report. If it hasn't, I'd have your agent call the listing agent to find out when they plan to do it.

Since it's a short sale, if there are any issues that need to be addressed from the inspection, the seller may not have the funds to address the issues. Because the inspection period can take 3-4 weeks, it's important that it be done ASAP so that the bank is aware of any issues that need to be addressed to sell the property.

Hi my name is Bob Jakowinicz real estate agent serving Westland Michigan. I received 4 calls today, all before Noon, from potential home buyers looking to buy bank foreclosed houses in Westland. So let's take a look at the current real estate market in the area.

What is a bank foreclosed home? Foreclosure is basically the lender taking the house back from the borrower because the borrower defaulted on their obligation by failing to meet agreed upon repayment terms. To learn more follow this link Westland foreclosure information.

Remember the lenders are going to try to get as much of their money back from the house as possible. The lenders do no want the house back in most cases and they are not always in the best condition when they get them back. Once a house is put on the market from the lender, they do it in basically the same way everyone else does. It is listed on the Michigan market with all the other homes. Usually you will see things like (as is sale) (lender to hold EMD)(Bank Owned) to give you a hint it is a bank foreclosure.

To view available Westland houses for sale including most foreclosures follow this link. Westland Michigan Foreclosed houses for sale.

What is a bank short sale? This is basically when the seller of the home owes more than they can sell the house for. If this is the case and the lender agrees to allow this type of sale to happen----We now have a short sale. A short sale can be tougher for many buyer's to deal with, due to the fact they can take much longer for answers to things like: Is the offer accepted? When will we get the paper work? Etc. Etc.

For more information on real estate in Westland Michigan follow the links. WWW.BobandTeena.com and www.WestlandBusyBees.com If you or anyone you know is looking to buy a house in the Westland Michigan area please call or email anytime. (734)578-6561 or email info@BobandTeena.com.

Thanks for your time, Have a Great Day!

Bob Jakowinicz

information deemed reliable but not guaranteed