Short Sale Realtors: Bloomfield / Birmingham / Novi / Troy / Rochester / Beverly Hills / West Bloomfield / Franklin / Royal Oak / Huntington Woods / Oakland County / Detroit Metro Area The Mike Realtor Team! : June 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. Have 3 closings next week.

2. Working on a 5 short sales with offer right now.

3. I taught the short sale class for my association.  It was a lot of fun, I love what I do.

4. Taking food for 30 people to a client's office.  Sure to get good karma for this.

5. Lost a short sale buyer, was mad, then sad, but will find another buyer which will make me glad.

6. Healthy family and all is well!!

***" Victories are found not just in great beginnings but more in great finishes. !! ", Mike Sher?***

As your coach told you in youth, play hard the full 60 minutes and you will always be a winner.

 Mike Sher,

Office: (248) 644-4700x242 Fax :(248) 499-1020 Bloomfield Hills, MI 48302 E-mail: mike@mikerealtor.com

CDPE (Certified Distress Property Expert)

MCAR, Short Sale Trainer

Max Brook and Real Estate One Short Sale Specialist.

 The Mike Realtor Team Blog - Metro Detroit/Oakland County

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. Received 4 offers this week on my listings .

2. Had an inspection pass on one of my short sales.

3. was asked to speak on a panel of short sale experts for Oakland Count Investor Group, I will be the only realtor.

4. Have over 60 people sigh up for my Short Sale class at MCAR

5. Have 6 short sale home under contract, no the real work begins.

6. I am NOT working on Father's Day, will spend my time with my three most important clients, Lucy, Rose and Mollie (my children).

***" Work to live, but try not to live for work, spend a little time with those you love !! ", Mike Sher?***

Happy Dad's day to all of us and all who we care for,

 Mike Sher,

Office: (248) 644-4700x242 Fax :(248) 499-1020 Bloomfield Hills, MI 48302 E-mail: mike@mikerealtor.com

CDPE (Certified Distress Property Expert)

MCAR, Short Sale Trainer

Max Brook and Real Estate One Short Sale Specialist.

 The Mike Realtor Team Blog - Metro Detroit/Oakland County

Servicing in Southeast Oakland County, Auburn Hills, Birmingham, Bloomfield, Berkley, Beverly Hills, Canton, Clawson, Farmington Hills, Ferndale, Huntington Woods, Northville, Novi, Pleasant Ridge, Plymouth, Royal Oak, Rochester Hills, West Bloomfield, Troy, etc. We worked with: Bank of America, Country Wide, HSBC, EverHome, Litton, GMAC, Chase, Wells Fargo, Flagstar, Fifth Third, Charter One, Comerica, Am Trust, US Bank, National City

Sorry for being late!!!

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. Got a foreclosure offer accepted.

2. Have two closings on the books for June

3. Sunday, the Detroit Free Press wrote a great article about a short sale that I  did.

4. The home life is great!!

5. Weather; well rain is better then Snow (keeping it positive)

6. Have a nice weekend of activities planed.  Starting with a Sushi Party at my house, YUM

***" Not my best week, but still good, cause I always try to find the sunny side!! ", Mike Sher?***

Make it the brightest week it can be.

 Mike Sher,

Office: (248) 644-4700x242 Fax :(248) 499-1020 Bloomfield Hills, MI 48302 E-mail: mike@mikerealtor.com

CDPE (Certified Distress Property Expert)

MCAR, Short Sale Trainer

Max Brook and Real Estate One Short Sale Specialist.

 The Mike Realtor Team Blog - Metro Detroit/Oakland County

Servicing in Southeast Oakland County, Auburn Hills, Birmingham, Bloomfield, Berkley, Beverly Hills, Canton, Clawson, Farmington Hills, Ferndale, Huntington Woods, Northville, Novi, Pleasant Ridge, Plymouth, Royal Oak, Rochester Hills, West Bloomfield, Troy, etc. We worked with: Bank of America, Country Wide, HSBC, EverHome, Litton, GMAC, Chase, Wells Fargo, Flagstar, Fifth Third, Charter One, Comerica, Am Trust, US Bank, National City

But, We Can Help!

This is a competitive real estate market.  If you have to sell and can not, perhaps it is time to look at a Short Sale.  The Mike Realtor Team has performed dozens of Short Sales for professionals who have lost their job, income has declined, medical problems, relocation, retirement, divorce, loss of spouse, unable to make ends meet, or other reasons not listed.

One of the problems we have as short sale Realtors is with Nay-Sayers.   Often the press, other agents and co-worker at the coffee cooler constantly put-down short sales.  They tell people that the bank will never take a short sale, they take to long to close, or that they just don't work.  These Nay-Sayers create an atmosphere that causes people to walk away from their homes, hopeless and filled with fear.

Well they are wrong, short sales do work and sellers are able to take the high road if they choose.  Below is an article that was written by Greta Guest of the Detroit Free Press.  It is the story of young buyers who purchased a home that they never thought they could afford, a seller who had faith that if did the right thing all would work out and about an agent (me) who never gave up.

What is the SHORT SALE tip? If you have a positive story about a short sale, and you never tell anyone, it never happened.  So the next short sale you close let the world know and even the nay-sayer's might listen.

Please click the link below.

The high road: Determined seller exits an upside-down mortgage

 Mike Sher,

Office: (248) 644-4700x242   Fax :(248) 499-1020
Bloomfield Hills, MI 48302
E-mail: mike@mikerealtor.com

CDPE (Certified Distress Property Expert)

MCAR, Short Sale Trainer

Max Brook and Real Estate One Short Sale Specialist.

 The Mike Realtor Team Blog - Metro Detroit/Oakland County

Servicing in Southeast Oakland County, Auburn Hills, Birmingham, Bloomfield, Berkley, Beverly Hills, Canton, Clawson, Farmington Hills, Ferndale, Huntington Woods, Northville, Novi, Pleasant Ridge, Plymouth, Royal Oak, Rochester Hills, West Bloomfield, Troy, etc. We worked with: Bank of America, Country Wide, HSBC, EverHome, Litton, GMAC, Chase, Wells Fargo, Flagstar, Fifth Third, Charter One, Comerica, Am Trust, US Bank, National City

But, We Can Help!

This is a competitive real estate market.  If you have to sell and can not, perhaps it is time to look at a Short Sale.  The Mike Realtor Team has performed dozens of Short Sales for professionals who have lost their job, income has declined, medical problems, relocation, retirement, divorce, loss of spouse, unable to make ends meet, or other reasons not listed.

 I am teaching another short Sale class on June 25th, 9am-12PM

Come and check it out.

Mike

Foreclosure 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 saleable-priced listings that will attract more showings, sign calls, Internet leads and help control inventory. Short sales will keep you busy.

Topics include prospecting for short sales; converting a phone call to an appointment; listing presentations; hardship, documents and how to protect your commission; introduce yourself to the bank; handling offers and working with the bank; keeping the buyer, the buyer's agent, the seller and the bank focused and calm; pitfalls to avoid during the process; and more.

When: June 25: 9 am - 12 pm (Troy) | FREE

Where : MCAR, 2125 Butterfield Dr, Troy, MI 48084-3441

Contact (MCAR) Metropolitan Consolidated Association of REALTORS® to sign up
Phone: (248) 879-5730 Fax: (248) 879-8280

 Mike Sher,

Office: (248) 644-4700x242   Fax :(248) 499-1020
Bloomfield Hills, MI 48302
E-mail: mike@mikerealtor.com

CDPE (Certified Distress Property Expert)

MCAR, Short Sale Trainer

Max Brook and Real Estate One Short Sale Specialist.

 The Mike Realtor Team Blog - Metro Detroit/Oakland County

Servicing in Southeast Oakland County, Auburn Hills, Birmingham, Bloomfield, Berkley, Beverly Hills, Canton, Clawson, Farmington Hills, Ferndale, Huntington Woods, Northville, Novi, Pleasant Ridge, Plymouth, Royal Oak, Rochester Hills, West Bloomfield, Troy, etc. We worked with: Bank of America, Country Wide, HSBC, EverHome, Litton, GMAC, Chase, Wells Fargo, Flagstar, Fifth Third, Charter One, Comerica, Am Trust, US Bank, National City

But, We Can Help!

This is a competitive real estate market.  If you have to sell and can not, perhaps it is time to look at a Short Sale.  The Mike Realtor Team has performed dozens of Short Sales for professionals who have lost their job, income has declined, medical problems, relocation, retirement, divorce, loss of spouse, unable to make ends meet, or other reasons not listed.

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 sale listing on Monday but got two offers today to save the deal.

4. Got a flattering offer to join a top notch team, past on it but it was so nice be asked.

5. The weather is wonderful.

6. My family is healthy and all is well

7. Played soft ball with my 2 brothers, had a blast, reminded me how nice it was to be a kid!

***" Winners WIN by never losing, achievers achieve by never quitting. ", Mike Sher?***

Make it a winning week.

Mike S

Mike Sher,

Office: (248) 644-4700x242 Fax :(248) 499-1020 Bloomfield Hills, MI 48302 E-mail: mike@mikerealtor.com CDPE (Certified Distress Property Expert)

shortsale@mikerealtor.com

Servicing  Southeast Oakland County, Auburn Hills, Birmingham, Bloomfield, Berkley, Beverly Hills, Canton, Clawson, Farmington Hills, Ferndale, Huntington Woods, Northville, Novi, Pleasant Ridge, Plymouth, Royal Oak, Rochester Hills, West Bloomfield, Troy, etc. We worked with: Bank of America, Country Wide, HSBC, EverHome, Litton, GMAC, Chase, Wells Fargo, Flagstar, Fifth Third, Charter One, Comerica, Am Trust, US Bank, National City

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 on.  This would result in years of debt and probable litigation with wage garnishments.  

Some Homes have become an anchor that prevents the owner from progressing with the rest of their lives.  A SHORT SALE can cut the rope which allows the seller to move on to a brighter future with our the baggage of the past.    

PROFILE:

Location:  Down Town Birmingham, MI                          

Type: Single Family Home, 2100 Sqft, 3 bed, 2.1 bath, basement and garage

Condition:  completely updated with granite countertops, remodeled baths and more.

Lender:  Wells Fargo

Amount Owed: $630,000

Sold Price: $385,000

List Date: 09/17/2007

Closed Date 06/06/2008

Negotiation time: 4 month

Amount owed by seller post closing:  zero

Seller's out of pocket costs:  less then $1000

Hardship: loss of income, failing business and forced to relocate.

Happy Seller, Happy Buyer and One less Foreclosure in Michigan.

 Call me, I can help

 Mike Sher,

(248) 644-4700

CDPE (Certified Distress Property Expert)

MCAR, Short Sale Trainer

Max Brook and Real Estate One Short Sale Specialist.

 The Mike Realtor Team Blog - Metro Detroit/Oakland County

Servicing in Southeast Oakland County, Auburn Hills, Birmingham, Bloomfield, Berkley, Beverly Hills, Canton, Clawson, Farmington Hills, Ferndale, Huntington Woods, Northville, Novi, Pleasant Ridge, Plymouth, Royal Oak, Rochester Hills, West Bloomfield, Troy, etc. We worked with: Bank of America, Country Wide, HSBC, EverHome, Litton, GMAC, Chase, Wells Fargo, Flagstar, Fifth Third, Charter One, Comerica, Am Trust, US Bank, National City

But, We Can Help!

This is a competitive real estate market.  If you have to sell and can not, perhaps it is time to look at a Short Sale.  The Mike Realtor Team has performed dozens of Short Sales for professionals who have lost their job, income has declined, medical problems, relocation, retirement, divorce, loss of spouse, unable to make ends meet, or other reasons not listed.