Whether you are interested in buying, or selling Caro MI real estate, the information provided here should be helpful. Buyers and sellers of Caro Michigan real estate are facing unique problems, most of them caused by the same economic factors affecting the rest of the state.
Changing employment opportunities, job losses, transfers, company closings, etc. have affected not only business owners, but property owners and other residents of the state, all good people. Experienced Michigan real estate investors, like us, are making efforts to help these good people out of their bad situations.
About Caro Michigan Real Estate
Caro is a village of 4200, or so, in the 'thumb' of Michigan. Caro MI real estate listings cover an area of about two and a half square miles. It may sound small, but the village is big on tradition. Agriculture and industries related to agriculture are still the primary sources of employment in the area, but some new businesses are moving in. Some residents would rather limit new business to protect the existing locally owned companies; others would rather have a job.
Caro Michigan real estate is located in Tuscola County, which shares borders with the more populous counties of Saginaw, Genesee and Bay. Caro is the county seat of Tuscola and hosts the annual Tuscola Pumpkin Festival, an October tradition, as well as the Cars and Crafts Weekend and the Tuscola County Fair.
Selling Caro MI Real Estate
Trying to sell can be frustrating in any area. The house must always be spotless. To get the best price, all the repairs must be done. There may be countless people walking through your home; agents, inspectors, 'lookers?. Some of the lookers may not even be seriously interested in buying Caro Michigan real estate. And, since the agents do not pre-qualify them, 'showing' your home may feel like a waste of time, particularly if the whole process drags on for months and months.
All of this can be hard on the nerves and the pocketbook. The Caro MI real estate market is slow, as it is in most areas of the state. So-called experts cannot seem to agree on when the market will turn around. Sometimes it is impossible to wait.
Not too many foreclosures are included in the Caro Michigan real estate listings. But, some properties have been on the market for four and five months. If you have been waiting this long and cannot wait much longer, if you are willing to sell your house on 'terms?, we may be able to help. If you have fallen behind on the payments for one reason or another, then foreclosure may not be too far away. And foreclosure is devastating to your credit rating, making it difficult, if not impossible to buy in the future.
The process that we offer is simple, but unique. We locate people who are interested in our lease option program. If your piece of Caro MI real estate matches up with what someone is looking for, we may be able to buy your home. You avoid foreclosure. Lease option plans are becoming increasingly popular in Michigan, but not all programs are the same. We look for a win-win situation. We are seriously interested in helping people.
Buying Caro Michigan Real estate
If you want to buy Caro MI real estate, but your credit score is stopping you, our lease option plan may work for you. If you are employed, can make the monthly payments and have saved a few thousand for a downpayment or 'option consideration?, then you can probably be a homeowner sooner than you think. Traditional lenders typically focus all of their attention on a person's credit score. There are many factors that can affect this score and it is not always a true reflection of a person's creditworthiness.
If you are interested in buying Caro Michigan real estate or elsewhere in the state and you are willing to work at improving your credit. We can put you in a home on a lease to own basis and when your score is high enough, we will sell you the home. In the meantime, a portion of your monthly payment will go towards the purchase, which is why lease option is sometimes called 'rent to own?.
If you are currently renting, you should know that you can probably afford to buy Caro MI real estate or elsewhere in the state. Monthly rental payments are usually more than mortgage payments on the same or similar property. The Caro Michigan real estate listings are not currently numerous, but in nearby Flint there are hundreds of properties to choose from.
Right now, the median price for Caro MI real estate is $150,000. But, the prices range from $78,000 to $300,000. There is something there for just about any budget. But, if not, there are many other areas to choose from. There are many beautiful homes available throughout Michigan for really good prices. The prices have been steadily going down over the last year, in most areas. Now, is the right time to invest in Michigan real estate, because, eventually the values will rise again...meaning that you could have immediate equity, once you finalize your purchase.
An investment in real estate is always a good investment. It may take some time for the Caro Michigan real estate market to improve, but developers, investors and new employers are currently working to correct the situation. Rather than throwing your money away on rent, you can invest in the future of Caro MI real estate, too. Helping the village and helping you and your family at the same time.
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