first time buyers: My Favorite Real Estate Marketing Word .... NEWER?! - 02/17/12 11:17 PM
 
One of my favorite words that real estate agents use to market a property or certain things about a home is the word Newer. Now there's nothing wrong with that, after all the listing agents job is to market the home and to try and get people interested in it and to find a ready, willing and able buyer. Right? I just always get a kick out of that advertising verb-age. (disclaimer: I may have used that word in some of my listings in the past. Just saying)
 
 
I've had buyers say to me so many times, well it … (11 comments)

first time buyers: Top 10 Reasons to use MY Preferred Lender! - 07/26/11 04:34 PM
Ok ..... I just closed on a home last week with a buyer client of mine. My client used their own bank (which will remain nameless) for their mortgage services and things did not go so smoothly with them. This should have been a slam dunk for a mortgage person. A+ credit, good job, conventional loan, no concessions.
 
In the end we ended up closing and everyone was Happy, but I sure wish I would have recommended that my buyer talk with my preferred lender, I think it would have been a lot less stressful on my first time buyer, but hindsight … (12 comments)

first time buyers: Do I Have To Do A Final Walk Through Prior To Closing? - 12/14/09 03:24 AM
I hear that question quite often from my buyers, and not just from my first time buyers.
Do you have to? NO. Do I recommend it? ABSOLUTELY!
All of my purchase agreements include the following verbage: FINAL WALK THROUGH PRIOR TO CLOSING: Purchaser reserves the right to walk through the property within 48 hours prior to closing.
Why should we do a walk through?In most cases the buyer and their agent haven't been in the property since the home inspection, which many times was about 3 weeks prior or more. It is in your benefit to take 5 minutes and do … (17 comments)

first time buyers: The Market is Terrible - 03/17/09 02:22 PM
It's no secret that the real estate market is not great right now. All you have to do is turn on the radio or television, read the newspapers or internet and you'll hear about it. I'm not writing one of those posts that make it sound like everything is just wonderful. It's true, the market is down, in fact way down. That however is great news for buyers.
Take it from me as someone who is out there working in real estate full time, it is a great time to buy. Let me say that again .... IT IS A GREAT … (9 comments)

first time buyers: Advice for First Time Buyers - 07/19/08 01:47 PM
Are you considering buying your first home? Are you tired of paying rent and ready to start investing in your own home?
It is a buyers market. I know..... you've heard that over and over on the news. So what does that mean to you? It means that there is a surplus of listings on the market so you have a lot to choose from and the opportunity to take advantage of declining prices. You may be able to buy a home now, that a few years ago would have been out of your price range. These reasons make it a great time to buy a home.
(3 comments)

first time buyers: Costs That First Time Buyers Need To Know About - 07/17/08 02:52 PM
I actually posted on this last year, but I feel it is worthy to repost, as I work with many first time buyers and this subject always comes up.
You want to purchase your first home. You've already been pre-approved for a mortgage and you're working with a REALTOR. You find the home for you. You are going with an FHA loan and a Zero down gift program. Remember, ZERO down, does not mean ZERO out of pocket. Zero down means, zero down payment, there are other, what I call, out of pocket costs. When working with first time buyers, I've noticed that many are unaware of these prior to me explaining the … (2 comments)

first time buyers: Expenses That First Time Buyers Need To Know - 10/09/07 02:36 PM
 
 
 
You're going to purchase your first home. You've already been pre-approved with a mortgage rep. and your working with a REALTOR. You find a home you think is the one. Whether you're putting money down or going with a Zero down gift program, there are other, what I call, out of pocket costs. When working with first time buyers, I've noticed that most people were unaware of these prior to me explaining the process.                 
   Out of Pocket Costs, You Should Be Aware Of:                                                                                                          
EMD or Earnest Money Deposit - even if you are going with a zero down program, you … (4 comments)

 
Mike Mitchell, REALTOR (R) (Kee Realty)

Mike Mitchell

REALTOR (R)

Saint Clair Shores, MI

More about me…

Kee Realty

Address: I'm Always Mobile but my office address is:, 15501 Metro Parkway, Suite 105, Clinton Township, MI, 48036

Office: (586) 840-0400

Mobile: (586) 291-2652



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