There are several ways to pay your mortgage off faster and with less total interest. What if I told you there were actually 13 months in a calendar year? 52 weeks / 4 = 13 'months.' If you dedicate an entire PITI payment (Principal + Interest + Taxes + Insurance) payment towards your outstanding principal only, you could shave years off of your mortgage. For example, assume a $300,000, 30-year fixed mortgage at 6.5%. Monthly P&I is about $1,896. If once every year you paid an additional $1,896 and specifically instructed the servicer to apply it 100% to principal, you'd pay the mortgage off in approximately 24 years 4 months instead of 30 years. That's roughly 5 years and 8 months eliminated from the mortgage - and you'd save a substantial amount of interest. Consider paying your PITI payments every four (4) weeks instead of once a month. Please check with your loan servicer first, as the details of your specific loan may vary and could include 'prepayment penalties' as well. If you have any questions about this, or other real estate strategies, let's talk soon! #13monthstrategy #payoffmortgageearly #mortgagepayment #mihomebuyers #mihomesellers #yourfavoritemirealtor

Hey everyone! 👋 Great to be here and connect with you all I'm Richard. I joined this community to learn, grow, share ideas, and connect with like-minded people. Excited to see what everyone's working on and looking forward to supporting each other along the way. 🤝

Two homes can have the exact same price tag and be very different deals. One may need a new roof, furnace and appliances soon. 🔨 The other may already have those expensive updates completed. Before deciding whether a home is “too expensive,” consider: 🔑 Age of major systems 🔑 Needed repairs & updates 🔑 Property taxes 🔑 Seller concessions 🔑 Comparable home sales 🔑 Potential future resale value 💡 Don’t just compare PRICE – compare VALUE! Would you rather pay a little MORE for a move-in-ready home, or LESS for one that needs some work? 🤔👇 🏠 Michigan Real Estate Insider Buy Smarter. Sell Smarter. Invest Smarter

Getting an accepted offer is exciting—but don’t start celebrating with a new car, furniture or a bunch of new credit cards just yet! 😬💳🚗 Until you CLOSE, your lender may recheck your credit, employment, debts and finances. A large purchase, new loan, missed payment or job change could potentially affect your mortgage approval. ⚠️ 💡 Before making ANY major financial move while under contract, talk to your lender first. Save the new furniture shopping for AFTER you get the keys! 🔑😂 🏠 Michigan Real Estate Insider Buy Smarter. Sell Smarter. Invest Smarter.

You can change paint, flooring, countertops, landscaping — even remodel the entire kitchen. 🔨 But there’s one thing you CAN’T change: LOCATION. Before making an offer, look beyond the house itself. Consider commute times, nearby amenities, future development, property taxes, neighborhood trends and potential resale appeal. 📈 💡 Sometimes the “almost perfect” house in the right location is the smarter buy. What matters more to YOU? 👇 🏠The House or 📍The Location? 🏠 Michigan Real Estate Insider Buy Smarter. Sell Smarter. Invest Smarter.