American Dream Down Payment Assistance
American Dream Down Payment Initiative (ADDI)
ADDI offers down payment assistance to potential homeowners with low-income who meet the following criteria:
Must be a first-time home buyer
Must be 18 years or older
Home buyer must occupy the property as a primary residence
Home buyer is required to make a one percent cash contribution from His/her own funds
Home buyer must complete an approved home buyer counseling course
For More information please feel free to contact
My First Michigan Home Inc
248-757-0926
myfirstmichiganhome@gmail.com
Monday, June 29, 2009
Thursday, June 18, 2009
Great Cash Brick Home West Side
We Have a 3 Bedroom Brick Located in Detroit
Home is In a Great Area
Home Needs Some Work ($8000-10k in Rehab)
16000 Block of Gilchrist 3 Bed Brick 1200 sq ft Sales Price $11,500
Call Or Reply For Lock Box
My First Michigan Home Inc
16250 Northland Drive
Ste 242
Southfield, MI 48075
248-757-0926
myfirstmichiganhome@gmail.com
Wednesday, June 17, 2009
Great Cash Deal on Eastside of Detroit
Breaking News - Great Deal on East side of Detroit
19000 Block of Spencer
Recently priced at $18,000.00
Price Drop $12,000.00
This will not last long
Contact Me at
248-757-0926
www.Myfirstmichiganhome.com
Tuesday, June 16, 2009
Cash Deals for Qualified Buyers
Cash Deals in Detroit, having a hard time bidding on properties. Well My First Michigan Home has access to over 300 homes all cash deals. If you want to buy one or a package you need to contact me immediately. Sample Deal
9000 Block of Forrer
Brick 3 Bed 1 Bath Brick
CASH Only must have
Verified Funds
$18000.00
www.Myfirstmichiganhome.com
www.Goodpeoplebruisedcredit.com
9000 Block of Forrer
Brick 3 Bed 1 Bath Brick
CASH Only must have
Verified Funds
$18000.00
www.Myfirstmichiganhome.com
www.Goodpeoplebruisedcredit.com
Monday, June 15, 2009
Life After Tax Season
Let’s Talk: Life After Tax Season
January 1- April 15th
As successful independent business persons you know the advantageous of duplicating the income generated in the previous 100 days. But how do you continue to excite your clients, having them return the next tax year? Well, My First Michigan Home (MFMH) and Good People Bruised Credit (GPBC) can help double your income in 2009 as well as assist you with client retention.
How is this possible? MFMH and GPBC have created a 5 step guide that ensures increased revenue. Collectively the companies offer unparalleled services and perks that set them apart from other businesses.
I. CLIENT HOME PURCHASE PLAN
II. MORTGAGE (Purchase-Refinance Plan)
III. LEASE TO OWN
IV. LAND CONTRACT
V. CREDIT REPAIR SERVICE
The core business of My First Michigan Home and Good People Bruised Credit is the extensive relationship we share with our investors. Our investors are ready, willing, and able to sell homes at affordable prices while offering additional incentives: “$3500 Art Van Shopping Spree “and the “Relax and Let You Move Program”.
A Last Word. MFMH and GPBC is embarking on a long-term campaign focused on value and continued commitment. Free marketing to past and existing clients, free online and live monthly seminars from your data base is provided. Monthly Bulk Mailings, and /or E-Blast via the internet or voicemail blasts are other unique services that are can be arranged. All seminars include Subject Matter Experts in each of the above areas with your expertise added to the Accounting and CPA marketing campaign. Light refreshments offered by Joeys Catering during seminars.
Friday, June 12, 2009
Match Made in Real Estate Heaven
I find it amazing that more Real Estate Investors are not aware of the benefits of working with First Time Home Buyers. As a successfully investor my goal has always been to find and educate the newcomer or “newbie” to the wealth of benefits that are available to home owners. Of course, the question that usually originates for most investors is “How do we make contact with the neophyte buyer? The answer comes in many forms. Communications sent through emails to friends, associates, and family members is a great way to get the word out that homes are for sale. As a salesman there is a quote I live by “You can be a secret agent and still be profitable in this business”.
There is also an old elevator pitch or speech used in the industry and it goes something like this; when someone comes within 3-5 feet of you let him or her know what it is that you do. So start practicing; develop a simple and short pitch about the benefits of home ownership. The time is right for those who want to purchase there first home. With your expertise and guidance you can make purchasing a first home a great and satisfying experience.
When I started in real estate I had no exit strategy. I just hoped for the best. Well, that was in the past. I learned very quickly to take the bull by the horns and do whatever was necessary to market my properties. That meant going to schools (teachers make great first time buyers), Police Stations, hospitals, Community and Public Service Buildings, you get the drift. I went anywhere I could to find gainfully employed people making certain that the word was out. Always, leave the message. Develop a simple informative flyer. The flyer should provide a description of the property and location. Keep the flyers with you at all times. Distribute as many as humanly possible!
Everything we have talked about thus far is the more antiquated way of finding buyers. I like to call it Real Estate 1.0. Let us update our process and move to Real Estate 2.0 which includes the World Wide Web. This wonderful tool can allow the spread of information over the internet through an easy to use flexible format. You can start a blog (short for weblog) this type of website can be designed with regular commentary inclusive of the entire purchasing procedure along with the acquisition of the property and negotiations with contractors.
If you really want to get creative, get interactive. Design text, images, videos and other multimedia which can be linked to other blogs for related information on home purchasing. Request color suggestions. All of this can be done in most cases free of charge. In addition to the blog join the craze of social media - Face book, Twitter, My Space which are all great networking sites to utilize and share information and promote the availability of your property. If that isn’t enough you can use free sites like Craigslist, Kijiji.com, Backpage, Oodie, and Google base search engines to market your properties.
Because of today’s economic market buyers may not be as readily available as they once were. You must be the catalyst and make it happen. What are you willing to do to be successful? Are you willing to do what it takes? Understand that there is a lot of competition out in the market place but you must be aggressive. Think out of the box, make that sell! You have the ability in one transaction to equal the medium income of a family of four in the Michigan area. There is no doubt in my mind, that if you wish to find a buyer badly enough you will make it happen. Take the “Not until I Do” attitude and you will soon reap the rewards.
Remember I am here to provide guidance on the processes and joys of home purchasing. I am also here to help you develop a comprehensive marketing strategy which will not only sell your current inventory but supply you with a waiting list of future home buyers.
For more information contact:
Christopher Shaw
CEO
248-757-0926
www.Myfirstmichiganhome.com
www.Goodpeoplebruisedcredit.com
www.Michiganpropertyvirgins.blogspot.com
There is also an old elevator pitch or speech used in the industry and it goes something like this; when someone comes within 3-5 feet of you let him or her know what it is that you do. So start practicing; develop a simple and short pitch about the benefits of home ownership. The time is right for those who want to purchase there first home. With your expertise and guidance you can make purchasing a first home a great and satisfying experience.
When I started in real estate I had no exit strategy. I just hoped for the best. Well, that was in the past. I learned very quickly to take the bull by the horns and do whatever was necessary to market my properties. That meant going to schools (teachers make great first time buyers), Police Stations, hospitals, Community and Public Service Buildings, you get the drift. I went anywhere I could to find gainfully employed people making certain that the word was out. Always, leave the message. Develop a simple informative flyer. The flyer should provide a description of the property and location. Keep the flyers with you at all times. Distribute as many as humanly possible!
Everything we have talked about thus far is the more antiquated way of finding buyers. I like to call it Real Estate 1.0. Let us update our process and move to Real Estate 2.0 which includes the World Wide Web. This wonderful tool can allow the spread of information over the internet through an easy to use flexible format. You can start a blog (short for weblog) this type of website can be designed with regular commentary inclusive of the entire purchasing procedure along with the acquisition of the property and negotiations with contractors.
If you really want to get creative, get interactive. Design text, images, videos and other multimedia which can be linked to other blogs for related information on home purchasing. Request color suggestions. All of this can be done in most cases free of charge. In addition to the blog join the craze of social media - Face book, Twitter, My Space which are all great networking sites to utilize and share information and promote the availability of your property. If that isn’t enough you can use free sites like Craigslist, Kijiji.com, Backpage, Oodie, and Google base search engines to market your properties.
Because of today’s economic market buyers may not be as readily available as they once were. You must be the catalyst and make it happen. What are you willing to do to be successful? Are you willing to do what it takes? Understand that there is a lot of competition out in the market place but you must be aggressive. Think out of the box, make that sell! You have the ability in one transaction to equal the medium income of a family of four in the Michigan area. There is no doubt in my mind, that if you wish to find a buyer badly enough you will make it happen. Take the “Not until I Do” attitude and you will soon reap the rewards.
Remember I am here to provide guidance on the processes and joys of home purchasing. I am also here to help you develop a comprehensive marketing strategy which will not only sell your current inventory but supply you with a waiting list of future home buyers.
For more information contact:
Christopher Shaw
CEO
248-757-0926
www.Myfirstmichiganhome.com
www.Goodpeoplebruisedcredit.com
www.Michiganpropertyvirgins.blogspot.com
Thursday, June 11, 2009
First Time Buyers and Real Estate Investors Can make a Great Team!
First Time Buyers and Real Estate Investors Can Make a Great Team
If you are a First Time Home Buyer, a newbie/property virgin, purchasing that initial property can become an overwhelming project. Many first time buyers have been diagnosed with “Information Overload”. It seems that everyone and anyone has an opinion and or story about what you should do and how to do it. Yes, there are questions such as where should you start, who can you trust, and can you afford it that will need to be answered early on in the buying process but these questions must be answered properly and correctly. You might even inquire if there are any shortcuts, is there a mentor who can help? What about the qualifying process, am I credit worthy? Can a licensed Real Estate Agent show houses that meet my criteria, payment, and location requirements? All of the above are great questions but how do you obtain the right information? Indeed this is “Information Overload”.
Let me tell you that I have been an investor for many years. I find it an honor and a privilege to work with First Time Home Buyers. I understand where their confusion lay. I can provide the new buyer with the necessary confidence needed to become a proud home owner. I suppose you are wondering why I say work with an investor? The answer is simple as Steven Covey states, “It is a Win -Win Proposition”. A reputable Real Estate Investor has only one goal in mind which is to sell his properties as quickly as possible. The investor that has agreed to work with the buyer brings to the table benefits that may not be available with a Real Estate Agent or Mortgage Broker. Now don’t get me wrong you can work with both and they can assist you well. But let me explain further.
When a home is acquired through an agent it is normally sold on an “As Is” basis. This means that you the buyer will have to go in making repairs before the property becomes “Home Sweet Home”. But if you and the investor work together in tandem you will be able to make repairs or put your own personal touches on before you buy. This saves you time and in my experience time can be more important than money.
Typically, most first time buyers are not Bob Villa quality so improvements are outsourced to other vendors. This can be a daunting task. A seasoned investor can deal with vendor headaches and buy finished property with all the fixings included. Here is another benefit. If the investor does not have a salesman involved he can usually give the buyer a discount on the price or better yet add some features to the home that can enhance the property. I am not saying that this is the only way for First Time Home Buyers to go but it can make life very simple and very gratifying for both parties.
If you or anyone you know is interested in finding out more about Real Estate Investors and the processes of purchasing your first home contact me at: www.Myfirstmichiganhome.com or www.Goodpeoplebruisedcredit.com
Christopher Shaw
CEO
If you are a First Time Home Buyer, a newbie/property virgin, purchasing that initial property can become an overwhelming project. Many first time buyers have been diagnosed with “Information Overload”. It seems that everyone and anyone has an opinion and or story about what you should do and how to do it. Yes, there are questions such as where should you start, who can you trust, and can you afford it that will need to be answered early on in the buying process but these questions must be answered properly and correctly. You might even inquire if there are any shortcuts, is there a mentor who can help? What about the qualifying process, am I credit worthy? Can a licensed Real Estate Agent show houses that meet my criteria, payment, and location requirements? All of the above are great questions but how do you obtain the right information? Indeed this is “Information Overload”.
Let me tell you that I have been an investor for many years. I find it an honor and a privilege to work with First Time Home Buyers. I understand where their confusion lay. I can provide the new buyer with the necessary confidence needed to become a proud home owner. I suppose you are wondering why I say work with an investor? The answer is simple as Steven Covey states, “It is a Win -Win Proposition”. A reputable Real Estate Investor has only one goal in mind which is to sell his properties as quickly as possible. The investor that has agreed to work with the buyer brings to the table benefits that may not be available with a Real Estate Agent or Mortgage Broker. Now don’t get me wrong you can work with both and they can assist you well. But let me explain further.
When a home is acquired through an agent it is normally sold on an “As Is” basis. This means that you the buyer will have to go in making repairs before the property becomes “Home Sweet Home”. But if you and the investor work together in tandem you will be able to make repairs or put your own personal touches on before you buy. This saves you time and in my experience time can be more important than money.
Typically, most first time buyers are not Bob Villa quality so improvements are outsourced to other vendors. This can be a daunting task. A seasoned investor can deal with vendor headaches and buy finished property with all the fixings included. Here is another benefit. If the investor does not have a salesman involved he can usually give the buyer a discount on the price or better yet add some features to the home that can enhance the property. I am not saying that this is the only way for First Time Home Buyers to go but it can make life very simple and very gratifying for both parties.
If you or anyone you know is interested in finding out more about Real Estate Investors and the processes of purchasing your first home contact me at: www.Myfirstmichiganhome.com or www.Goodpeoplebruisedcredit.com
Christopher Shaw
CEO
Wednesday, June 10, 2009
Saturday, June 6, 2009
Pre-Qualified vs Pre-Approved -What First Time Buyers Should know!!
What is he difference between Pre-Qualified and Pre-Approved? This question is asked by all First Time Buyers, Real Estate Agents and Investors. Typically agents and investors want to confirm the buyer as a “good candidate” for getting a loan. They want to know that the buyer has taken the extra steps to become pre-qualified. Lenders pre-qualify borrowers by assessing their risk factors and checking out credit history.
Pre-Qualified is the introduction process of getting pre-approved. At this point you are generally discussing the overall financial picture, which includes personal debts, income and assets. After evaluating this information the lender or broker can give an approximate idea of what mortgage amount you the buyer qualifies to receive.
Pre-Approved buyers are ready to buy. These buyers are waiting for the right price, right home and or condition to consummate the deal. Lenders pre-approve borrowers by assessing their risk factors, checking out credit reports and asking general questions about income, savings, and assets. Pre-approval is a lengthy process which requires filling out a mortgage application and placing a deposit on file for the application and appraisal. The lender will verify the down payment and other items needed to confirm financial worthiness. Once the buyer is pre-approved, a detailed analysis of how much home can be afforded; interest rate, down payment, closing cost, and most importantly the approximate mortgage payment amount (P.I.T.I.) will be specified.
Finally, the buyer receives a mortgage commitment in writing for the exact amount of the approved loan. Having this information allows the buyer to shop much more accurately for properties in their target market.
My First Michigan Home ((MFMH) provides in-depth education to their clients on the process of obtaining Pre-Qualify and Pre-Approval status. Should the client want an approximation of what mortgage payment would be required on a particular home a “Pre-Qualification can be given. Both services are readily available and offered upon request.
Providing the ultimate buying experience is our specialty. For more information contact our team of expert Mortgage Representatives at: www.Myfirsthmichiganhome.com or www.Goodpeoplebruisedcredit.com for seamless service.
Christopher Shaw
CEO
Pre-Qualified is the introduction process of getting pre-approved. At this point you are generally discussing the overall financial picture, which includes personal debts, income and assets. After evaluating this information the lender or broker can give an approximate idea of what mortgage amount you the buyer qualifies to receive.
Pre-Approved buyers are ready to buy. These buyers are waiting for the right price, right home and or condition to consummate the deal. Lenders pre-approve borrowers by assessing their risk factors, checking out credit reports and asking general questions about income, savings, and assets. Pre-approval is a lengthy process which requires filling out a mortgage application and placing a deposit on file for the application and appraisal. The lender will verify the down payment and other items needed to confirm financial worthiness. Once the buyer is pre-approved, a detailed analysis of how much home can be afforded; interest rate, down payment, closing cost, and most importantly the approximate mortgage payment amount (P.I.T.I.) will be specified.
Finally, the buyer receives a mortgage commitment in writing for the exact amount of the approved loan. Having this information allows the buyer to shop much more accurately for properties in their target market.
My First Michigan Home ((MFMH) provides in-depth education to their clients on the process of obtaining Pre-Qualify and Pre-Approval status. Should the client want an approximation of what mortgage payment would be required on a particular home a “Pre-Qualification can be given. Both services are readily available and offered upon request.
Providing the ultimate buying experience is our specialty. For more information contact our team of expert Mortgage Representatives at: www.Myfirsthmichiganhome.com or www.Goodpeoplebruisedcredit.com for seamless service.
Christopher Shaw
CEO
Friday, June 5, 2009
WHO IS MY FIRST MICHIGAN HOME / MICHIGAN PROPERTY VIRGINS
FOR IMMEDICATE RELEASE
Contact: Christopher J. Shaw
Telephone: (248) 757-0926
Email: www.Myfirstmichiganhome.com
WHO IS MY FIRST MICHIGAN HOME / MICHIGAN PROPERTY VIRGINS
My First Michigan Home is the brainchild of several successful real estate investors. My First Michigan Home understands it all starts with the acquisition of someone’s first house. Ownership is the key ingredient to building long term wealth and realizing the numerous advantages that exist over renting.
Over the past years prices have fallen and a “Buyer’s Market” now exists. Seasoned investors see a unique opportunity in creating a niche in the Michigan Market which has been greatly under serviced. Personal ownership can start late, but still finish first. Yes, there are companies that work with clients to acquire their first homes but My First Michigan Home has a prospective that distinguishes itself from all of the others. This real estate corporation has interviewed hundreds of first time buyers to substantiate what if anything can be done to make the buying process better.
After carefully listening to all the ideas both good and not so good this is what has been incorporated for the ultimate Home Buying Program. My First Michigan Home offers a perks package which assists the first time buyer with the transition from renter to home owner. Our packages include: Closing Cost Assistance, Furniture Shopping Sprees, and everybody’s personal favorite, the “Relax and Let Us Move You” package.
This is just a sample of what is obtainable by working with My First Michigan Home. Our knowledgeable representatives conduct monthly educational seminars keeping the buyer abreast of all changes in the market. Our goal is to turn 1,000 Metro-Detroit renters into home owners over the next 36 months. In addition to conducting seminars and providing timely newsletters My First Michigan Home is committed to giving back to the community. In partnering with Volunteers of America, additional donations will be made to their “Adopt a Family Program” at the close of every deal. There is an ambitious goal of adopting 1,000 families in the metro Detroit area with a concentration on Volunteer of America’s new “Back Pack for Kids Program. Drop boxes will be provided during all seminars to collect items for Volunteer of America events and programs.
If you would like more information about this topic, or to schedule an appointment with a My First Home Representative please contact Darrick Scruggs at (248) 757-0926, or email: www.MyFirstmichiganhome.com
Contact: Christopher J. Shaw
Telephone: (248) 757-0926
Email: www.Myfirstmichiganhome.com
WHO IS MY FIRST MICHIGAN HOME / MICHIGAN PROPERTY VIRGINS
My First Michigan Home is the brainchild of several successful real estate investors. My First Michigan Home understands it all starts with the acquisition of someone’s first house. Ownership is the key ingredient to building long term wealth and realizing the numerous advantages that exist over renting.
Over the past years prices have fallen and a “Buyer’s Market” now exists. Seasoned investors see a unique opportunity in creating a niche in the Michigan Market which has been greatly under serviced. Personal ownership can start late, but still finish first. Yes, there are companies that work with clients to acquire their first homes but My First Michigan Home has a prospective that distinguishes itself from all of the others. This real estate corporation has interviewed hundreds of first time buyers to substantiate what if anything can be done to make the buying process better.
After carefully listening to all the ideas both good and not so good this is what has been incorporated for the ultimate Home Buying Program. My First Michigan Home offers a perks package which assists the first time buyer with the transition from renter to home owner. Our packages include: Closing Cost Assistance, Furniture Shopping Sprees, and everybody’s personal favorite, the “Relax and Let Us Move You” package.
This is just a sample of what is obtainable by working with My First Michigan Home. Our knowledgeable representatives conduct monthly educational seminars keeping the buyer abreast of all changes in the market. Our goal is to turn 1,000 Metro-Detroit renters into home owners over the next 36 months. In addition to conducting seminars and providing timely newsletters My First Michigan Home is committed to giving back to the community. In partnering with Volunteers of America, additional donations will be made to their “Adopt a Family Program” at the close of every deal. There is an ambitious goal of adopting 1,000 families in the metro Detroit area with a concentration on Volunteer of America’s new “Back Pack for Kids Program. Drop boxes will be provided during all seminars to collect items for Volunteer of America events and programs.
If you would like more information about this topic, or to schedule an appointment with a My First Home Representative please contact Darrick Scruggs at (248) 757-0926, or email: www.MyFirstmichiganhome.com
Attn: Renters Why Rent When You Can Own Part I
Numerous reasons come to mind on the subject of ownership verses renting. But for this article and the one that follows I shall contain my rationale to 5 basic reasons. To begin, the first and most important reason that comes to mind in validating home ownership would be Control. You the homeowners are the first to know if something is wrong. Are the payments being made on time or not at all? I have been in the Real Estate Industry for more that 12 years and have seen and heard it all. In today's volatile market landlords are walking away in record numbers leaving the clueless renters holding the bag. Suddenly, a notice is attached to the door or window stating this property is in "Foreclosure". What happens then? Panic sets in first, then anger. You trusted this landlord stranger. But now you are bewildered and have been bamboozled. You have been placed in a real predicament! He has taken your money and left you without a place to live.
Well after all is said and done you must make a decision. Do you rent again or try to buy? Do you want to control you families' destiny or leave it to chance? People wake up. Stop waiting or letting someone else dictate your future. You need to take control today and begin building wealth through home ownership. I know in some cases there are circumstances which may cause you to choose renting over buying but in this instance I can not find any reason that over shadows this sad event. In today's economic world home ownership is the way to go.
To find out how you can stop making the landlord wealthy and start to build your own financial independence with the acquisition of your first home contact:
Chris Shaw
CEO
My First Michigan Home
248-757-0926
Chris@myfirstmichiganhome.com
www.myfirstmichiganhome.com
Wednesday, June 3, 2009
First Time Buyers can use the Rent to Own Method
If you are a first time home buyer and are feeling a little daunted by all of the task involved in choosing a home and choosing a lender, you are not alone. Many first time buyers often feel overwhelmed by all of the details. Some may even choose to purchase a home they really do not care for because it is all they can afford and many may not purchase at all, for a lack the necessary down payment required to purchase a home. To prevent yourself from being in this situation as a first time buyer, you may want to consider the rent to own option.
When you rent to own, you are simply leasing the home with the option to purchase the home at a later date. One of the main benefits of renting to own is you do not have to worry about changes in the market having an effect on the purchase price. When you choose to rent to own, the price of the property is listed in the contract and it will not change until the contract expires. It is a fixed price. While this can be a disadvantage to the seller if the fair market value of the home goes up, it is, in fact, a great advantage to the buyer.
When you choose to rent to own, there are a couple of factors you must consider in your agreement. The first is the rent premium. This amount should be just a little of the monthly rent and will count toward the down payment on the property should you decide to purchase. When you pay the rent each month, along with your rent premium, you are building up your down payment on the property. There is also the option fee. This fee is, in fact, part of the down payment on the property and is generally between one and five-percent of the purchase price.
You must also consider that if you decide not to purchase the property you have been renting, the seller will get to keep the rent premium you paid to them. The seller would also keep the option fee you paid when you signed the contract. While it is considered a loss to you, it does allow you to the privilege of living in the home during the "option to buy" period. This period of time is usually three years or less and gives the buyer a chance to build up their down payment.
While many people who are looking to purchase their first home are put off at the thought of a rent to own situation, they may not fully understand all of the benefits. It is especially a great idea for those who lack the down payment to purchase a home and will let them build up the down payment slowly, instead of putting down one lump sum. While you do risk losing the rent premium and option fee, it will also allow you the time you need to decide if purchasing the home is the right decision for you.
Christopher J Shaw
CEO
My First Michigan Home
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