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Canton: A Hotspot for Out-of-State Real Estate Investors

Canton: A Hotspot for Out-of-State Real Estate Investors

Canton, Michigan, a thriving community nestled between Detroit and Ann Arbor, has become one of the Midwest’s most attractive destinations for real estate investors. Over the past decade, Canton has transformed from a suburban town into a dynamic hub of economic activity, cultural diversity, and housing growth. For out-of-state investors seeking affordable entry points, reliable […]

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Best Rental Property Opportunities in Dearborn, Michigan

Best Rental Property Opportunities in Dearborn, Michigan

Best Rental Property Opportunities in Dearborn, Michigan Market context & trends Dearborn’s real estate market has seen steady appreciation — median home values rose about 5–6% year-over-year in 2025, with Zillow reporting approximately $249,000 and Redfin at $276,500 ZillowRedfin. Attractively, average rents hover around $1,308/month, roughly 20% below national averages Apartments.com—yielding strong potential for cash

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Exploring the Charm of Allen Park Historic Homes

Exploring the Charm of Allen Park Historic Homes

Allen Park, Michigan, is a city where the past and present blend seamlessly. Nestled in Wayne County, this community is renowned for its tree-lined streets, welcoming neighborhoods, and strong sense of hometown pride. One of Allen Park’s most captivating features lies in its collection of historic homes—residences that serve as living testaments to the city’s

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0% Down Payment Loans: Are They Available in Allen Park?

0% Down Payment Loans: Are They Available in Allen Park?

Buying a home in Allen Park, Michigan, with zero down payment might sound too good to be true—but for many eligible buyers, it’s genuinely possible. While there isn’t a specific “Allen Park zero-down” mortgage product branded under the city’s name, several state and federal programs cover Allen Park (part of Wayne County) and offer truly

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Canton Housing Market Trends (2025): What Buyers Need to Know

Canton Housing Market Trends (2025): What Buyers Need to Know

As of mid-2025, Canton, MI’s housing market shows steady—but not dramatic—growth, offering both challenges and opportunities for buyers. Here’s what you need to know: 1. Home Prices: Modest Yet Measurable Growth Zillow reports the average home value in Canton at $409,902, marking a +3.3% year-over-year increase through July 31, 2025, Zillow. Redfin shows a median

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Best Neighborhoods to Buy a Home in Dearborn, MI

Best Neighborhoods to Buy a Home in Dearborn, MI

1. West Dearborn & Southwest Outer Drive A vibrant mix of residential streets, local shops, restaurants, and cultural hubs makes West Dearborn an appealing choice. The walkable atmosphere and diverse amenities contribute to strong community appeal.Think Real State Southwest Outer Drive offers a good balance between affordability and convenience, with a median listing price of

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Down Payment Assistance Programs in Michigan

Down Payment Assistance Programs in Michigan

Buying a home is one of the most significant financial decisions many Michiganders will ever make. Fortunately, down payment assistance (DPA) programs can help alleviate this burden, making homeownership more attainable for low- to moderate-income buyers, first-time homebuyers, and those in targeted communities. Here’s an in-depth look at key DPA programs available in Michigan in

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Credit Score Needed to Buy a Home in Garden City, MI

Credit Score Needed to Buy a Home in Garden City, MI

When aiming to purchase a home in Garden City, Michigan, understanding credit score expectations—both nationally and locally—is key. Here’s a comprehensive guide to help you navigate the requirements and increase your chances of approval. 1. Understanding National Credit Score Benchmarks Conventional loans—commonly used by repeat buyers or those with ample down payment—typically require a minimum

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Affiliated Business Arrangement Disclosure Statement
This is to give you notice that Sonic Loans Inc., Sonic Title Agency LLC, and Sonic Realty LLC have a business relationship. The nature of the relationship between the Referring Party and the provider(s), including percentage of ownership interest, if applicable, is: Sonic Loans Inc., Sonic Title Agency LLC, and Sonic Realty LLC are all 100% owned by the same party. Because of this relationship, this referral may provide any of the above parties with financial or other benefit.
A. Set forth below is the estimated charge or range of charges for the settlement services listed. You are NOT required to use the listed provider(s) as a condition for settlement of your loan on, or purchase, sale, or refinance of, the subject property.
THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES.
Provider and Settlement ServiceCharge or Range of Charges
Sonic Realty LLC1%-6% of purchase price
Sonic Title Agency, LLC Title Insurance Policy: $950 - $1706 on a $250,000 property. (Rates vary and are dependent on the state, selling price, and loan amount on the property.)
Title Search Fee: $250 - $325 (where applicable)
Closing Fee: $450 - $650
Sonic Loans Inc.

This company provides various real estate mortgage loan origination activities either as a third-party originator or a mortgage broker, including loan pre-qualification, competitive bid process (when providing third-party origination services), loan origination, loan pre-approval, loan structuring, processing, and closing.

Loan Origination Charge: 0-3 % of loan amount (may include 3rd party fees)
Loan Discount Fee/points: 0.5%-6% of loan amount.
Application/Processing Fee: $0.00 - $875.00
Flood and tax service: $0.00 - $95.00
Underwriting Fee: $0.00 - $1295.00
Document Review Fee: $0.00 - $400.00
Appraisal Fee: $0.00 - $850.00
Credit Report Fee: $0.00 - $135.00

Actual charges may vary according to the particular lender selected, the particular services provided, and the underlying transaction, borrower selections, etc. Some or all of these fees may be charged by third parties and/or the Member Mortgage Lender/Mortgage Broker. The Member Lenders and Mortgage Brokers have agreed to pay a fee ranging from 0.5% to 2.75% of the loan amount to Sonic Loans in connection with a range of loan origination services provided by Sonic Loans to the Member Lender/Mortgage Broker. The fees are paid either directly to Sonic Loans by the Member Lender/Mortgage Broker or billed directly to you at closing.
B. Set forth below is the estimated charge or range of charges for the settlement services of an attorney, credit reportingagency, or real estate appraiser that we, as your lender, will require you to use, as a condition of your loan on this property, to represent our interests in the transaction.
Sonic Loans Inc. provides mortgage lender/broker services. Sonic Realty LLC provides real estate brokerage services. Sonic Title Agency LLC provides title insurance and settlement services.

Provider and Settlement ServiceCharge or Range of Charges
Appraisal Fee$0-$800
Credit Report Fee$63-$125
 Actual charges may vary depending on the lender and loan program selected which can be found on your loan estimate.
ACKNOWLEDGMENT
I/we have read this disclosure form and understand that Sonic Loans Inc., Sonic Realty, LLC, or Sonic Title Agency LLC are referring me/us to purchase the above-described settlement service(s) and may receive a financial or other benefit as the result of this referral.