Video Partner
Sandi and I went to the big e Realtor shindig, 2 weeks ago, all they talked about was
technology. Iphones, Ipads, Blogs, Video, Video and more video.
It may the best way to play in bigger leagues. Best way for your customers to get
a chance to know you a little better. Better chance for them to know you and trust you.
Doesn’t really matter if you are a Chiropractor, Insurance agent, Dentist, PC Repair stud, or
a Realtor; video is a great way to connect with your potential clients.
Here’s some of the improvements:
You may not notice but the video is sharper, even after youtube degrades the quality.
I have incorporated green screen technology which I think is close to magic.
I have upped the quality of the text I can put in my videos and the transitions are better.
I wanted to send this example video to you because I hope it will stimulate some ideas on
how we can use video to promote your business.
Other reasons we should get together is that I have a strategy to get the youtube videos ranking
on the first page of Google. (This part is not free, but stupid cheap, and a bargain compared to
any other service that offers to do this for you, also it is not required).
Why am I doing this? (1) I want to get better at it. (2) I want to help your business (3) I want to thank you
for helping me.
So what do you need to do? reply to this email and tell me what you think… If you have a video
idea that you want to work together on, call me.
Mike
Home Buyer
7 Brutal & Common Home Buyer Mistakes
Common & Brutal House Buying Mistakes
There are a lot of moving parts when buying a home that Home buyers must consider–including legal, financial and emotional considerations. To not educate yourself and learn from the mistakes of others only sets you up to be at best disappointed and at worst finding yourself living in a financial disaster.Listed in this article are some of the most prevalent–and potentially painful and expensive–mistakes made by first time home buyers.
* Going too fast. This is easy to do once the decision to buy a home has been made. It means rushing off looking at homes, surfing the web or calling on advertisements before doing some up-front preparation. Not laying a foundation of preparation and education, though, can be a disaster. I get many emails from frustrated home buyers who have contracted to purchase a home and want to know if there is a way of getting out of the contract. HEAR THIS: If you contract to purchase a home and “get cold feet,” the chances of getting released from the contract are almost nill. Still I hear “We found a better home!” Sorry, too late. Maybe next time. “We are buying too much house!” I say, Bummer, maybe you will be able to rent out a room or two. ” It’s not what we want!” Maybe you can paint the house, or add on to it or replace the carpeting, but you will almost certainly end up living in it, or paying a dear price to get out!
* Over-buying the first time. Being “house poor” is a very uncomfortable existence. A large and beautiful home with little or no furniture tends to be empty and cold. A life where almost every dime of your earnings goes to the support of your house and not your social life or your family, wears thin very quickly and is a frequent cause of family stress and yes, DIVORCE. Pushing yourself right up to-or beyond-your limits leaves you highly fragile and exposed when the inevitable gyrations to the national or your personal economy occur. You will be wise to leave yourself some breathing room! It is no longer wise to buy as much house as you can afford.
* Finding out too late that you have no representation. This can be a unfortunate surprise when you assume that the Agent with whom you are working represents you, when they actually represent-and owe complete allegiance to-the seller. Say What? By not taking the time to investigate and familiarize yourself with the laws regarding Agency. Or, by rushing out to look at homes, whether in person or on the Internet, and contacting the Agent who has the house advertised (who will be the listing Agent and will absolutely represent the seller) you face the risk of being under-represented. Another big mistake occurs when you try to represent yourself in the purchase of a home, thinking that you will save money. You may get lucky, but it is just as-or more-likely that you will run into a savvy seller who is looking to keep the commission savings in their pocket rather than give it to you. In addition, how do you determine a realistic selling price for a property, without a comparative market analysis?
* Not comparing mortgages. There are way too many variables–types of mortgages, terms, lenders and costs of points and fees to mention a few-not to investigate all of your options. Don’t assume that there are only basic mortgage plans, whether it is from a mortgage professional, an Agent or on the recommendation of your cousin Vinny. Do your research to get the most advantageous plan for your requirements and your specific financial situation. I would like to be one of the sources for you to compare, call me at 281-348-9899.
* Not getting mortgage pre-approval. In the past it may have been different, but in the year 2010, pre-qualification and pre-approvals are a necessary part of the home buying process. Not only will it give you an exact price range for your purchase, pre-approval will add a great deal of strength to your offer. Also know that there is a meaningful difference between a pre-qualification and pre-approval. Pre-approval being the safest options.
* Waiting for the “perfect” home. Many first time home buyers make the mistake that they will, if they look around long enough, find a home that has 100% of their needs and wants. With the thousands of variables available in housing, including location, style, size, amenities and condition, this is almost always an unrealistic goal. There are two potential problems with this strategy: First, these buyers pass on homes that meet 90% or more of their requirements only to eventually go back and find that someone else snatched it up. Then they purchase homes with less of their requirements because they are worn out! In the mean time, while they are waiting for the “perfect” home, housing prices (and often mortgage rates) continue to rise, adding expense to their purchase. As stated in a previous article, it makes sense to determine the most important of your needs and the most desired of your wants and select a home that meets the majority of them.
* Under-valuing the inspection process. This can involve skipping a whole house inspection completely in order to save the relatively small amount of money involved or it may involve using a friend or relative with limited experience to conduct the inspection. In either case you run the risk of not exposing potentially expensive–or even disastrous–defects in the home. Protect yourself and invest the $200 to $500 for a professional inspection. See the Inspection section on www.AskMikeDurr.com.
Home Buyer
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How Home Buyers Should Choose An Agent
Compare Agents
Finding And Using An Agent
Since the commission for the sale of a house is almost always paid for by the seller, buyers are able to get assistance and information from Real Estate Agents, usually at no cost to them. It is for this reason that the vast majority of home buyers employ the services of an Agent for their purchase. In addition, since most houses are listed by Real Estate Agencies, it gives them the maximum number of available properties to consider.
The relationship between a home buyer and a their Agent is a little like a marriage: it must be based on trust, mutual goals (to get you the house that best suits your needs!) and understanding. To a large degree, the home buyer entrusts the Agent to always keep their (the buyer’s) interest first and foremost. It is important that you understand who the Agent with whom you are working represents. Take a moment to review our Agency and Buyer Agent pages for a discussion of how Seller’s Agency and Buyer’s Agency will affect your dealings with an Agent.
You can find an Agent here, whether across the country, across town,
or right in your own area. There is no cost or obligation for this service!
What to look for in an Agent
An understanding of your needs.
A willingness to work with you until your needs are fulfilled.
A sense of professionalism.
Someone who is dedicated to their profession.
A familiarity with the area in which you have an interest.
A familiarity with the price range in which you have an interest.
Professional designations: for example, GRI–Graduate of the REALTORS® Institute, or CRS–Certified Residential Specialist.
Strong references from previous buyers.
Questions to ask a prospective Agent
How long have you been in Real Estate?
Are you a full time agent?
Are you familiar with the area in which we want to look?
How many home sales did you participate in last year?
What is the average sold price of the homes you sold last year?
Do you normally work with sellers or buyers?
How many buyers are you presently working with? How many sellers?
Where do you feel your strengths lie?
What 3 buyers that you have worked with can you give me as references?
Where to find an Agent
Be aware: If you search for homes first and contact the Agent who has a particular property listed, that Agent will absolutely represent the seller–not you.
Search newspaper and homes magazines ads for Agents who advertise that they have experience in and offer Buyer Representation.
Ask friends, relatives and co-workers about experiences–both good and bad–that they have had with specific Agents. Was the Agent easy to work with? Did they felt that the Agent was responsive to and met their needs? Would they use this Agent again?
Or, if you would like, we can also assist you in locating an Agent, in the local market, feel free to call me at 281-348-9899, ask for Mike!
KingwoodMortgageGuy
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Home Buyer
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Home Buyer Survival Kit
If you are a home buyer, particularly if you are a first time home buyer, you must get this series of short by extremely valauable coaching tips from Mike! That is all there is to it. The series if followed will help you save thousands of dollars in strategies that are designed to help you understand the small details that add up to big bucks in your pocket, or the sellers if you don’t pay attention.
Sign up for this series today!
Home Buyer
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Identity Theft Prevention and Response Manual
Id Theft Prevention and Response Manual
This video is dedicated to all of the people who either have been ripped off or for those that will be taken advanatage of by Identity Thiefs.
The identity theft manual offers a roadmap to prevent identity theft, how identity thiefs steal your information, and finally a clear blueprint of what you need to do if your identity is stolen. There are pre-written example letters in the manual that will help you resolve your issue much faster, than the 175 hours of your time that most people have to endure.
Home Buyer
Homebuyers-Don’t Take This Huge Gamble
For Home buyers not getting a inspection would be the same as a lender not ordering an appraisal. What I mean is, the inspection should be the basis of your buying decision.
Beautiful homes sometimes have serious structural or other system problems, that can be very expensive to repair.
If you fall in love with a home and plan to buy it regardless of it’s real condition, you are asking for a kick in the head.
What the inspection does is give you a professional opinion on the status of the systems that make the house work.
If you buy the beautiful home, knowing it has issues, then that’s OK, at least you understand the status of the systems. You have an understanding of what needs to be fixed. You probably have a plan to bring the home up to it’s potential.
If you make this very exensive buying decision without knowing what you are getting into, then you deserve the mess you are stepping into.
You are either too rich or too stupid. The cost of the inspection will be pennies compared to the cost of repairs.
Home Buyer
Mike Throws Up Christmas Lights
Mike throws up Christmas Lights!
Home Buyer
Seven Questions You Must Ask before You Hire A Home Inspector
1) Does your Texas
license list you as: an “Apprentice,” “Inspector” or “Professional Inspector”? (I have a Professional Home Inspectors License).Narrative: This is important because the Texas Real Estate Commission, (http://www.trec.texas.gov/) requires all home inspectors to be licensed by the state and the various titles above indicate the level of education and testing that each home inspector category has achieved. The Professional Home Inspector license is the most rigorous of all of the license designations. The first pass rate for the Professional Home Inspector license test is less than 50%. Many inspectors do not have this designation for this reason.
2) How many years have you been in the business? (I have been inspecting for over 10 years).
Narrative: This is important is because it clearly indicates the inspectors level of experience. Much knowledge is gained through book and classroom learning but the actual on site experience is much more valuable.
3) How many homes do you usually inspect per day? (I limit myself to one — yours).
Narrative: This is important because it is an indicator of how much time and interest the inspector will put
into the home buyers inspection before he must leave that house and move on to the next one. In my opinion, if a home inspector is doing one inspection per day, that is best situation for the home buyer, if he is doing two a day – not so good and if he is doing three a day — pass him up.
4) Are you code certified by the International Code Council? (I am certified in 4 areas).
Narrative: This is important because in the inspection process, as promulgated by TREC, the inspector is
supposed to inspect the house using the TREC Standards of Practice (a 15 page document listing all of the
inspection points mandated by the State) as the minimum inspection standard. Because the TREC Standards of Practice are reviewed and updated after several years, I feel it is important for a qualified home inspector to upgrade his skills by knowing the most recent building codes as set forth in the International Residential Code book (IRC) as developed by the International Code Council (ICC). I feel a qualified home inspector should hold current ICC certifications (achieved through testing) in Electrical, Plumbing, HVAC and Building Standards.
5) How much time will you take to inspect my house?
Narrative: This is important because it indicated a level of thoroughness the home inspector will achieve in devoting sufficient time to inspect the house. I feel it is appropriate to allocate about one hour for every 1000 sq. ft. of living area + 1 hour briefing time with the home buyer at the end of the inspection. eg: 3000 sq. ft. house =
4+ hours on site. NOTE: if a swimming pool / spa inspection is requested, allow another hour for completion of this inspection.
6) How soon will the home buyer get the inspectors written report? (I will sent it to your e-mail within 24
hours).
Narrative: I feel it is reasonable to expect the written inspection report to be e-mailed or faxed to the home
buyer within 24 hours of the inspection being completed. I do not favor on site produced reports because I feel this type report is “rushed’ and does not allow proper time for reflection by the inspector. Personally, I favor mulling over the details of the inspection while I am driving home and thoughtfully typing the report from scratch when I get home.
7) Do you carry Liability Insurance? (I carry a $1,000,000 liability insurance policy).
Narrative: The state of Texas requires all TREC licensed residential inspectors to carry a minimum of $100,000 liability insurance coverage. In my opinion, this is insufficient coverage should a catastrophic event occur
(such as a fire) while the inspector is on site. Accordingly, I feel it is important to obtain an insurance
policy that will cover the value of the higher end homes that the inspector sees. Prospective home buyers should consider this issue carefully because they are contracting with the inspector and allowing him to act as their agent in the inspection process. Therefore, the prospective buyer may be drawn into a liability claim, if the home inspector did not have adequate insurance coverage.
Home Inspector
Home Inspector
Home Buyer
Tim Hawkins- What I Believe
Who’s To Blame for the Financial Crisis- You Decide…
Home Buyer
What You Didn’t Know About The Song Amazing Grace
I saw this and was struck by the purity of the message and the delivery of my favorite gospel song.
My cousin Mark Durr died in his 20′s. We were the same age and grew up playing together when my mom got together with Uncle Art and Aunt Catherine.
At Mark’s funeral a guy sang “Amazing Grace”. He sang it with such feeling and conviction that I have never forgotten that moment, and Mark’s funeral. Seeing the video, and hearing it again took me back to Marks funeral.
It touched me then, and this morning it touched me again. I hope it touches you in the same way.
Home Buyer
Kingwood Home for sale-21 Shorelake Dr.
Spectacular and spacious upfront Kingwood Executive home on parklike corner lot. Meticulously maintained with new carpet, updated kitchen and updated baths. Excellent floor plan where the beauty of nature and of the parklike grounds is enjoyed thru extensive windows throughout. Kitchen/breakfast rooms and family room open to additional area that is perfect for entertaining. His and her’s vanity areas in the beautiful masterbath. Outstanding views from living,dining,family and master bedrooms. This home is priced very aggressively ($440,000) for a Kingwood home upfront with this much space. This is a must see…
Home Buyer
Soccer Set Piece- Hilarious
For all of my friends who share a love for soccer, this video got me to laugh out loud. I wish I had thought to do this when I was coaching. It’s hilarious and results in a goal!



