According to a new report from Zillow, so-called "underwater” borrowers would have to pay money into their loans to get out of their homes. Another 9 million borrowers, while not entirely underwater, likely do not have enough equity in their homes to afford to move.”
- Seller owes $200k on their house in Westland, Michigan.
- House is worth $190k.
- Deficiency is $10k, meaning that if they sold the house for $190k, they’d have to write a check to the bank for $10k.
- Closing costs- (7.5%)- $14,250
- Total cost of selling house- $24,250.
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You will receive a great offer for your Westland, Michigan property, and we can close as fast as you need.
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We specialize in finding creative solutions to real estate problems in Westland, Michigan others won't touch. We buy houses from people in Westland, Michigan in situations just like these everyday.
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