Have you ever been on a blind date Finding the right agent can be a little like blind dating. You can look at an online profile and check out photos. But what does that really tell you In the case of a Coldwell Banker Weir Manuel Sales Associate, you can rest assured that he or she has attended rigorous training (our Coldwell Banker University was recently voted #1 by Training magazine).
Our agents are held to a higher standard because they represent a 110-year-old company founded on integrity and the desire to help people find the right home. So yes, you can count on a high degree of professionalism from our agents. Definitely the kind of folks you bring home to meet mom and dad.
Depending on your situation, a house payment could be less expensive than paying rent.
With every rent check you write, you're helping to build equity in your landlord's property. That money could be going toward building equity in a home of your own. Today's interest rates are low enough that your house payment could be lower than your rent payment!
There are many advantages to owning a home, including:
Security – knowing that your investment in a home is a safeguard against inflation.
Investment – payments on your mortgage loan accumulate toward acquiring a major asset.
Tax Advantage – your real estate taxes and the interest on your mortgage are deductible from your income tax.
Control of your Environment – you are in control and the investment is yours, not your landlord's. You can customize your own home to your personal preferences.
Cash Equity – better than a savings account, your home can appreciate to keep pace with inflation. The equity you build up in your home can be a source of cash through an equity line of credit.
Speak with a loan professional before you start to shop for a home! It's important to know how much home you can afford, and obtain a written pre-approval letter. These steps will put you in a superior negotiating position once you find the right property.
Pre-qualification is an informal discussion between the borrower and the lender. You'll learn how much you can afford and approximately how much the monthly payments will be. Getting pre-qualified is not a guarantee of a loan, and is different from getting a loan pre-approval. The lender verifies nothing, but relies completely on what you tell him about your income, assets, debts, etc.
Pre-approval is a more formal process in which the lender will actually verify employment, income, assets, liabilities and cash available to make a home purchase. Pre-approval is a bit more work than pre-qualification, and takes a little longer. A pre-approval letter from a reputable financial institution is considerably more powerful than a pre-qualification letter. It provides the seller with reassurance that your financing and your offer are secure. It also provides you with peace of mind, knowing that you can complete the acquisition of your chosen home without any surprises.
While we’d love to see everyone own a home, for some it makes more sense to lease. For those individuals and families we offer home search and apartment assistance.
Our Relocation Department has compiled a database of homes, condos and apartment communities that includes detailed information such as floor plans, locations and lease prices. We are responsive to your special needs including schools, shopping and commuting time.
We can also arrange a personalized tour of the rental properties and schedule interviews with schools, daycare and eldercare facilities. We have done all the research to provide our customers the best possible choices.
To speak directly to Andrea Sleek, our Rental Specialist, call 248-687-7478 or fill out the form below.
Selling your home is an exciting but emotional time. Sometimes it’s hard to know where to focus and how to begin preparing your home for sale. Contact your Coldwell Banker Weir Manuel Realtor for advice on de-cluttering, home staging and curb appeal ideas, or get started with a little help here.
The first question to ask before selling your home is: “how much is it worth” Pricing your home appropriately will make all the difference when it comes to decreasing the time to close the sale. Your Realtor can provide detailed information with a market analysis of comparable homes sold recently in your area.
From Grand Rapids to Grosse Pointe, we are intimately acquainted with the local communities and can tell you how your home stacks up in the local market.
If you are considering selling your home via short sale, you’ll definitely need the guidance of an experienced Realtor who understands the process. The good news is because short sales have become so common, the process has improved. The Federal Housing Administration has even issued a new directive to lenders to hold them more accountable regarding communication at regular intervals with potential borrowers. Make sure you know the facts about short sales by consulting with one of our many knowledgeable real estate practitioners. And thanks to our business partnership with Banker’s Title, we close more short sales than the average Michigan brokerage.
- COMPLETE YOUR REAL ESTATE FUNDAMENTALS (PRELICENSURE) COURSE: Your school will submit your certificate of completion to the State of Michigan. You must apply for licensure within 36 months of completing your prelicensure course.
To search for available approved course offerings go to www.michigan.gov/realestate and click on the “Approved Real Estate Prelicensure Courses” under the Applicant Information area.
- COMPLETE AND SUBMIT YOUR REAL ESTATE SALESPERSON LICENSE APPLICATION: Log into the site www.michigan.gov/icola to apply for licensure. Upon accessing iCOLA, you will be asked to create an account, pay your license fee and submit your license application electronically. If you list your employing broker’s 10-digit id number when applying, please inform your employer that you have submitted your license application.
Your license application will remain in a “pending” status with the State of Michigan until you have met all licensing requirements including confirmation of broker sponsorship. Your application is valid for one year from the date of application; all licensing requirements must be met within one year of date of application.
- RECEIVE AUTHORIZATION TO TEST: If no additional documentation is required, and your application is approved, you will receive an email from the State of Michigan notifying you of your authorization to register for the exam (please allow 2-5 business days for this step). The email will include your exclusive six-digit exam candidate “MIRE” (Michigan Real Estate) number and complete examination registration instructions.
If additional documents are required due to your “yes” responses, the application will be in a pending status (you will not receive the email) until the documents are received and the application is approved. No email is sent to you regarding these deficiencies.
- CONTACT PSI TO SCHEDULE EXAM: Using the contact information contained in your “MIRE” email, provide PSI with your MIRE number, then schedule and pay for your exam.
- TAKE AND PASS EXAM: If broker sponsorship is confirmed at least 48 business hours prior to your exam date, you will receive the photo pocket license at the PSI Examination Site upon successful completion of your exam.
Subsequent Notification of Broker Sponsorship:
- If your iCOLA application named a broker before you took the exam, but the broker did not confirm sponsorship prior to your exam, your broker can still use iCOLA to sponsor you.
- If you didn’t name an employing broker prior to passing the exam, the receipt of your photo pocket license and subsequent paper licenses will be delayed awaiting the submission of a completed Employing Broker Notification form.
- LICENSURE: Typically, exam information will be imported into your iCOLA record within 48 business hours after successful completion of the exam. Once your exam score is received by the Department and broker sponsorship is confirmed, the State-issued paper wall license and pocket card will be mailed to your employing broker’s main office.
For more information read Steps To Obtain a New Salesperson License.Back to Top
Should I Rent Or Buy
What is Pre-qualification vs. Pre-approval
How much home can I afford
Do you offer leasing assistance services
I think I’m ready to sell but where can I find more information
How much is my home worth
Should I sell via Short Sale
What is involved in becoming a real estate agent