Mike Sher's (mikerealtor) Blog

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Real Estate Agent - Max Broock Realtors
RECENT BLOG POSTS
Time for the Friday Roll Call!!!! Let's get positive!! I am dedicating another post just to allow all of us the opportunity to read a positive story or two. I will start!!: 1. Had two inspections, that both went well. 2. Got 2 Short Sale and 1 buyer Referrals this week 3. Lost a buyer on a Short ...
06/05/2009
  This is a Birmingham Short Sale that I listed and closed.  My seller needed to sell.  He was forced to relocate; his occupation was not in demand any more and his income was reduced to half.  He and his wife were thrilled with my services.   Without a Short Sale, he would have been foreclosed o...
06/03/2009
Time for The Friday Roll Call!!!! Let's get positive!! I am dedicating another post just to allow all of us the opportunity to read a positive story or two. I will start!!: 1. Spent quality time with my family over the holiday. 2. Got 2 short sale listings this week!! 3. Wrote an offer on a Fred...
05/29/2009
Time for The Friday Roll Call!!!! Let's get positive!! I am dedicating another post just to allow all of us the opportunity to read a positive story or two. I will start!!: 1. Had a closing yesterday and wrote an offer as well. 2. Working on 5 short sale offers, a blessing with much work attached...
05/22/2009
Often, sellers think that sending house keys to bank will satisfy their obligation.  It will not.  When the borrower closed their loan they signed two documents; first, "A Note" which is a promise to pay and second "The Mortgage" offering the home as collateral.  These are two different documents...
05/20/2009
One thing that causes a problem is when the bank sheriff sales a home that is vacant while you are working on a Short Sale.  In Michigan, an owner has 6 months of redemption unless the bank deems the home Abandoned and then they can take it back with in weeks.  Well, often my owners still have a...
05/19/2009
This is what you commonly need to do a short sale.  I send my clients this list before we meet so they are able to get everything together.  This also lets me gage how motivated they are.  Feel free to use this for your Short Sales.   Mike     Dear Homeowner, In order to keep your home-selling pr...
05/19/2009
  You're upside down with a loan greater then what the home can sell for. What you owe is irrelevant to how much a buyer is willing to pay for a it.   Other homes are priced far less because they are bank owned or Short Sales.  These homes are selling and their is an ample supply of them, you can...
05/19/2009
  Realtors hate saying no; we are in the yes business.  In the past, saying yes was not a big problem.  If an agent wanted to "buy the listing" (tell the seller what they wanted to hear to secure the listing), the greatest harm done to the client, was the disappointment of selling for less then p...
05/19/2009
Time for The Friday Roll Call!!!! Let's get positive!! I am dedicating another post just to allow all of us the opportunity to read a positive story or two. I will start!!: 1. had two closings this week and one more next week. 2. We are very busy. 3. Was quoted in the Detroit Free Press. 4. The w...
05/15/2009
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Mike Sher

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