Mike Sher's (mikerealtor) Blog

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Real Estate Agent - Max Broock Realtors

ARCHIVED BLOG POSTS

2009 

We read, see and hear such negative stories during the week which chips at our morale and is just depressing. That is why I am dedicating another post just to allow all of us the opportunity to read a positive story or two. I will start!!: I was able to get a bank to take a short sale offer. I am...
02/27/2009
Good news for Oakland Country Realtors and Lenders!!!   FHA raised the loan limit to $297,500 effective Today! With a 3.5% down payment, it would let the purchaser buy a house at $308,290 (The buyer can go higher on the purchase price, but it would require more money down). Just an FYI!   Mike Sh...
02/27/2009
As you are aware, the bank requires an independent assessment of value for the asset that you are short selling. These agents and appraisers are getting paid very little for what they do and are overworked. Make is easier for them, meet them at the home. Give them some comps that make sense. Reme...
02/27/2009
Great News for us Short Sale Realtors fighting the good fight.  Fannie finally gets it!! We Realtors are saving them Billions of Dollars by performing pre-Foreclosure Sales, (Short Sales).  In the past, the servicers were bulling us around, threatening to cut are commission if the buyer asked for...
02/26/2009
This is a great post.The following is an end of the year market analysis for Royal Oak Michigan.  It compares only residential homes sold in 2007 with 2008 to determine the number of homes sold for the year and the increase/decrease in average sold price.  It also distinguishes how many homes wer...
02/17/2009
I just got a very curt email from a listing agent.  The email was combative, angry and packed with sarcasm.  The listing agent was working off of misinformation and instead of assuming the best out of me, she assumed the worst.  This is just one of the many emails, phone calls and text messages f...
02/16/2009
 This is a letter from a Rochester Hills client that hired me to sell their home!! To whom it may concern: I would definitely recommend Mike Sher and his team to anyone looking to sell their house, especially in this market, and especially if you need to do a short sale!  I found Mike Sher throug...
02/16/2009
List a few positive things that has happened this week to keep our spirits high.   We read, see and hear such negative stories during the week which chips at our morale and is just depressing. That is why I am dedicating a post just to allow all of us the opportunity to read a positive story or t...
02/13/2009
Only nine more seats left for my Short Sale Class March 24th 9am-12pm (Troy).  Thriving with Short SalesForeclosure agents presently control a high percentage of the homes-sold market share: short sales are a way for traditional REALTORS® to capture that business. Short sales allow you to have sa...
02/13/2009
 The secret is out, Royal Oak is a great place to live, visit and enjoy!!  If you know anyone who would like to move here, have them give me a call!!  Mike Royal Oak named "extraordinary suburb"The Congress for the New Urbanism recently honored Royal Oak as one of the 10 best communities at contr...
02/11/2009
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