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Michigan Buyer's Realtor
At No Extra Charge?
Are you looking for a good Michigan Buyer's Realtor that works in Lapeer, Genesee, Oakland and Macomb Counties? I work at no extra charge to the buyer, read on and you'll find that this is a deal you shouldn't refuse.
Buyer's Realtor or Buyer's Agent
As a Buyer's Realtor I work for you and only you. I do not work for the seller unless you are buying a home that I have listed. In this case I still work for you independent of working for them. All of your information is confidential and I am bound by Realtor Codes of Ethics to never tell them anything that could hurt you.
How I get paid for working for you
Now knowing that I work for you and only you, you are probably wondering how much I am going to charge you for this service. I charge you nothing and in its basic form I work for no extra charge, Free to you as your Buyer's Realtor. I do get paid so I do have to clarify this. If you buy a home for $100,000 that is all you pay for, other then your mortgage closing costs and you don't have to pay me any commission on top of that. When a home is listed by a Listing Realtor the seller is charged a two part commission one part for the Realtor listing the home and one for the Realtor that brings in the buyer. So the seller is the one that pays for my services for you.
Finding a Home for You
When you contact me to work for you as a Buyer's Realtor I will get from you your criteria and will send you a list of homes, you can read more about this and get your own FREE personalized list here. FREE List of Homes For Sale or FREE List of Foreclosures For Sale If we will be looking at homes that the seller is still living in, we should give them at least a 24 hour notice so that they have time to prepare the home for us and to schedule their lives to get out of the home. If it is empty and/or if its a foreclosure we could most likely show up on the front porch then call and still get in.
I can let you know a lot about any home you are interested in, everything that the Listing Realtor knows about the home, everything that the local government knows and I can tell you what the market is saying about the sales price on similar homes in the area. I can also lend you my years of experience and knowledge as a Buyer's Realtor and Real Estate Investor.
Before Offering to Purchase a Home
Before we can put in an offer we will have to have a pre-approval letter from a mortgage company. It is a really good idea to get this pre-approval letter as soon as possible so that 1. you know that you will be able to buy a home 2. that you know how much you can afford. I have had buyers want a 200k home when they couldn't even afford to a buy a 130k. I have also had buyers that were looking at 100k homes, couldn't find anything they liked and almost gave up until they found out they could afford a 150k home. And 3. when you find that home you want to buy, you need to put in that offer quickly to beat the other buyers and if you then have to wait on a pre-approval letter you could lose the home. It has happened before, not with my buyers, but it has happened. I know a few good mortgage companies if you would like a recommendation. At the bottom of this page I have placed a mortgage calculator to help you find out how much a month you payments might be. I still recommend talking with a mortgage officer about this but this calculator will give you an idea.
The Mobile Office Realtor Advantage
As a Mobile Office Realtor, when you find that home that you want to put in an offer on, I am able to do this while still at the home. I have developed this ability because I have found that with the well priced homes, the steals and the deals, we can find ourselves in an auction type situation where there are a few buyers trying to out bid each other. My opinion on this is if we can beat them to the punch and swoop in and buy the house before their Realtor has a chance to drive back to their office, write up an offer, have the buyer sign it and then hand deliver it to the listing agent, then we won and you got a better deal.
While we are still on the, putting in an offer subject, I want you to know that I also have a unique strategy for you if you have a few homes that you are interest in buying, but need to know in a hurry which one will give the best deal. You will have to ask me for the details as this is a special technique that my buyers and I only want, my buyers, to know about in order to keep their competitive edge.
Buying Foreclosures, Bank Owned and Repossessed Homes
I help a lot of buyers buy foreclosed and bank owned homes so I know the ins and outs of how to make sure you are protected from bank fines and fees. This is very important and not all Realtors seem to understand what will happen when dealing with a bank and therefore don't know how to protect buyers from things that haven't happened yet. With every bank charge or fine there are ways to avoid them but it is almost impossible to get out and away from them if you have not set up safeguards ahead of time.
I have had a lot of buyers ask me if foreclosures or bank owned homes are the best deals and the short answer is no not always. The long answer is, foreclosures and bank owned homes are cheap but are cheap for a reason. Many times, by the time you get done fixing the home and bring it up to livable conditions, you could have purchased a privately owned home and helped someone escape foreclosure. Also you wouldn't have spent money out of your pocket for the repairs it would have been part of the sales price thus part of your mortgage. Sometimes you can find a privately owned home that the seller has a lot of equity and needs to sell in a hurry. These are the ones that are the good deals. On the other hand I have helped several buyers this year buy foreclosed and bank owned homes that were in livable condition and they still purchased it for a steal. So it does depend on the home, the seller and of course on how good your Realtor is at finding, recognizing the deals and steals and how fast they can get the work done.
Buyer Closing Costs
Closing costs are always a big question. The sellers have closing costs and the buyers have closing costs. The buyer's closing costs are for financing. I have no way of knowing how much this will end up being because it is completely determined by your mortgage company, if you are using one. What I can tell you is that you should find out from your mortgage company what these costs will be. And ask, if we buy a home for $$$ (give the exact number) what will our down payment need to be, and what will your company charge me to get this financing. When they give you a number ask for a printed or emailed breakdown of these costs. If this is something that you feel is a good idea make sure you do this ahead of time, don't wait until we are about to put in an offer. Time waisted is more then likely money waisted. You can also get a few different quotes so you get the best deal possible and if your going to do this make sure to pay the first mortgage officer for a copy of the credit report so you don't have several credit checks on your history, it can start to lower your score.
A Client's Recent Experience
I had a listing in Berkley, the sellers and I were out shopping for their next home when I received a call from a Realtor that had put in an offer on their home a day before that we had countered. The Realtor was from West Bloomfield, we were driving through Royal Oak on our way to see a house in Clawson, he said he had a new offer for us. He faxed it to me and by the time we got to the house I had the offer printed and was able to hand it to the sellers. They liked the offer, full price minus a little for seller concessions, so they signed it. After I showed them the house and on our way to the next house I sent the accepted offer back to the Realtor in West Bloomfield. Knowing that their house was basically sold (after only three months) they wanted to go back to a home that they really liked and had seen the day before in Sterling Heights. We stopped in a parking lot some where in Macomb County, I logged on to the MLS, set up the showing and printed off the MLS sheet for them to read over as we drove there. They decided to put in an offer so I typed it up, they signed it and I emailed it to the listing agent who was a Clinton Township Realtor. While I was talking with the agent about the offer my buyers just put in, the West Bloomfield Realtor that had the buyers for my clients home, he faxed back the bottom lined purchase agreement (buyer's acknowledgment of seller's acceptance) so I jumped back on the MLS and changed the status of my listing to pending. When we got back to the seller's/buyer's home at the end of the day, I put up the pending sign that I had with me.
Now if you have ever bought and/or sold a home you realize how much time and days of waiting, wondering and worrying I saved my clients. For a non-Mobile Office Realtor this would have taken days, and many trips to and from their office to get all of this done. It took me only a few hours and we were shopping for a new house for them. Most of the time the speed of your Realtor is the difference between a great deal and no deal at all. Ask anyone that has ever used a Michigan Realtor before if they think they could have had a better deal or less stressful time if they would have used a fast Mobile Office Realtor.
  
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