From strategy and financing to closing day and beyond — every step, every variable, and every negotiation the MARK Z team manages on your behalf.
…surpass the expectations of every client who chooses us…
We operate in a supportive, professional, positive environment that helps each member of our team provide the highest level of service in the real estate industry. This atmosphere allows our team to act on the passion and drive it takes to surpass the expectations of every client who chooses us to help fulfill their home buying or selling goals.
Whether you are looking to sell your property or buy a new home, MARK Z Real Estate Experts offers a dedicated, skilled team of pros with an innovative marketing approach.
Our team of experienced, full-time real estate agents and staff are ready to lead and advise you through the process of buying the perfect home or selling your existing home for the most amount of money in the shortest amount of time.
Six stages, in order, from first conversation to your new home.
Every decision in a real estate transaction could save or cost home buyers tens of thousands of dollars in unnecessary expenses. We look out for 80 different variables involved in your 7-Step Home Buying Strategy.
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How much can you afford? Key factors to consider: the down payment, the interest rate, your debt-to-income ratio, and the closing costs. Start with our affordability calculator, then get pre-approved.
| Loan Type | Down Payment | Details |
|---|---|---|
| Conventional | 3%+ | You can put as little as 3% down and as much as you want. Anytime you put less than 20% down, you will have to pay some mortgage insurance. |
| FHA | 3.5% | The lowest traditional down payment program; there is additional mortgage insurance. |
| Down Payment Assistance | $1,000+ | A program for people who qualify with credit and income but do not have enough savings for a down payment. |
| VA | 0% | A special program for military buyers that allows them to put almost nothing down toward the purchase. |
| FHA 203K | 3.5% | A special product that allows you to wrap into your mortgage the costs of repairs or improvements to the home you buy. |
| Investor Loans | 20% | Multiple options, as well as qualification based on rent roll. |
Closing costs typically range between 3–4% of your mortgage amount. In today’s market, it is common to ask for the seller to pay around 2% of the mortgage amount toward your closing costs — this is called “Seller Paid Closing Costs.”
| Transaction Type | Typical Timeline |
|---|---|
| Traditional Sale | 30–60 days |
| New Construction | 4–6 months |
| Bank Owned Sale | 30–60 days |
| FSBO | 30–60 days |
| Short Sale | 4+ months |
Once we’ve found the home you wish to purchase, you’ll need to determine what offer you are willing to make on the home. After all, you are the one making the payments!
It is important to remember that the more competition there is for the home, the higher the offer will have to be, sometimes even exceeding the asking price. Remember, be realistic, but it all comes down to market value and solid comparable sales. Make offers you want the other party to sign!
Recommended: KS Inspections Inc. — Professional Home Inspections — 734-341-8163 — www.KSInspections.com
If you are purchasing a resale property, we highly recommend that you have a professional home inspector conduct a thorough inspection. Our inspector is exceedingly thorough and detailed so as to minimize surprises for you. However, the inspection is not meant to be used to low ball the seller post-price negotiations, as all existing homes have minor imperfections.
The inspection is intended to report on major damage or serious problems that require repair. Your home cannot “pass or fail” an inspection. The inspector’s job is to make you aware of repairs that are recommended or necessary.
| Service | Price |
|---|---|
| 1500 sq ft and less | $350 |
| 1500 – 2000 sq ft | $450 |
| 2000 – 2500 sq ft | $500 |
| 2500 – 3000 sq ft | $550 |
| 3000+ sq ft | Call for pricing |
| Radon Testing | $150 |
| Pest Inspections | $95 |
| Thermal Imaging with inspection | FREE (must request) |
| Thermal Imaging without inspection | $150 |
The seller may be willing to negotiate completion of repairs, or you may decide that the home will take too much work and money and rescind the offer during the inspection period.
Your inspection is a contingency to the purchase agreement and needs to be completed and repairs negotiated within the due diligence date on the purchase agreement, usually a 9–10 day period.
When you purchase an existing home, you can purchase warranties that will protect you against most ordinary flaws and breakdowns in major mechanicals and appliances for at least the first year you own the home. The warranty may be offered by or negotiated with the seller, or can be purchased by you, the buyer.
When you purchase a newly-built home, the builder usually offers a warranty on things such as the quality of design, materials, and workmanship.
MARK Z Real Estate Experts was built on the notion that the secret to achieving incredible goals and getting true results is to dominate real estate with a team approach. One part-time agent does not have the capacity to cover every aspect of the real estate process. MARK Z Real Estate Experts has many diverse experts excelling at their roles, allowing them to focus on what they do best, at a high level, so our clients receive high level performance and unprecedented results in this industry.
We operate in a supportive, professional, positive environment that helps each member of our team provide the highest level of service in the industry. This atmosphere allows our team to act on the passion and drive it takes to surpass the expectations of every client who chooses us to help fulfill their home buying or selling goals.
Whether you are looking to sell your property or buy a new home, MARK Z Real Estate Experts offers a dedicated, skilled team with an innovative marketing approach. Our team of experienced, full-time real estate agents and staff are ready to lead and advise you through the process of buying the perfect home or selling your existing home for the most amount of money in the shortest amount of time.
844-SOLD-BY-Z (844-765-3299) · markz@soldbymarkz.com · 40020 W 12 Mile Rd, Novi, MI 48377