FAQ's about Real Estate
Answers to real estate questions
including a few rumors, myths and facts.

Buying a Home
Selling Your Home
Financing a Home
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Meet the Lawton GroupMeet TLG  
 Everyone knows somebody who wants to give them advice about real estate...

Advice that comes from a trusted friend or relative is often accepted without question. However, unless that advice is offered by someone who spends a great deal of time keeping up with the real estate market, it may be erroneous.

We've put together answers to the questions we most commonly answer as professional Realtors. We keep up with our business - we're certain that it won't lead you astray.
 Buyer Basics
What is the MLS?
What are the standard ways of finding out how much a home is worth?
What is the difference between market value and appraised value?
How do I know if I'm ready to buy a home?
How does a lender decide the loan amount I can afford?
Is the advertised square footage accurate and how is it calculated?
What is Earnest Money? How much should I set aside?
What is a Seller's disclosure?
Why must I sign the Seller's disclosure?
The Seller made false statements about the home I purchased, What can I do?
What is a "Home Warranty" and do I need one?
Are those real estate schemes I see on infomercials real?
 About the home...

The home has hot water baseboard heat. Can I install air conditioning?

 Selling a home in the Lansing real estate market
How does the mortgage "crisis" affect the sale of my home?
What can I do to sell my home in this market?
How do I sell my house by owner?
What is a foreclosure?
What is a HUD home?
What is a "sheriff's sale"?
Will a mortgage lender finance a sheriff sale property?
I know a home is in foreclosure. Why isn't it being offered for sale?
Can I negotiate the price of a bank owned home?
I can't pay my monthly mortgage. What do I do?
What is a "short sale"?
What problems are associated with making an offer on a "short sale" property?
 Lease Option
What is a Lease Option?
What risks do a lease option hold for a buyer?
What benefits do a lease option hold for a seller?
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Office:   517-324-3200
Fax:   517-324-3201
Toll Free:   877-326-3772


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