Discover how a repairs escrow can help easily pay for necessary property improvements when you find your dream home in Michigan. This can help you get a mortgage loan based on “real” and not lowered value.
Escrow Holdback Information
Protect your investment and get peace of mind with a holdback on the seller’s funds to ensure the specified home repairs are made before the deal is closed.
Eligible vs. Ineligible Repairs
Your prospective property must be appraised and deemed insurable with repair escrows. Learn what is eligible and ineligible before purchasing a fixer-upper.