Mike Heath

Realtor

Gaylord

700 W. Main Street

Gaylord, MI49735

Main: 989-732-6777 Office: 989-619-0400
Fax: 989-688-5902 Cell: 989-619-0400
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Enjoy a 9x advantage over non-Schmidt listings in Gaylord!

A large part of being a successful listing agent is marketing to other Realtors since listing agents don't usually find their listings' buyers, instead another Realtor, usually local, brings the buyer to the sale. While there are many competitive advantages to having Schmidt list your Otsego County home, here is one of the most compelling factors.   At Schmidt Realtors, all our Realtors meet ...

Video: Treetops Dir. of Golf on this year's tournament and golf school

Director of Golf's Kevin McKinley is interviewed at a golf show this past winter.  Best quip:  Jason Guss has been named one of America's 20 best instructors under 40 years old by Golf Digest. 

Time to re-evaluate your selling price

Comparative selling prices on sales 6+ months ago need to adjust to local market changes over the past three months.  In a 20 city survey, the WSJ reports that housing prices have declined at a annualized basis of 25%.  That doesn't mean the Otsego/Gaylord market has declined that much for our listings, but it should motivate us to use more recent sales data or adjust older comps used to ...

Big interest savings on jumbo loans

Fortune/CNN's Allan Sloan reports great news on a real GDP stimulus policy enactment.  The federal government has raised the ceiling on loan amounts that "conform", i.e., loans that lenders can sell to Fannie Mae and Freddie Mac.  This allows buyers purchasing homes with loan balances greater than $500,000 to save thousands of dollars annually on interest expense.  This effect should ...

Need to know when purchasing a vacation condo @ a resort and/or hotel.

The WSJ published a report on the soft market for "condo hotels", vacation homes located within a hotel-like setting where property owners either use or rent-out their condo. This is having a big impact on buyers who are purchasing vacation property at resorts when it comes to lining-up their financing.  What's important to understand is that "Condtels" or "condo hotels" do not conform to Fannie ...

Sci & Tech weekly - Smartphones & Real Estate, MI Tech discovery annc'd

 Smartphone OS wars to heat up - winners will be real estate buyers and sellers Apple's iPhone is expected to revolutionize how real estate inquires are instigated and reviewed. Here is an iPhone optimized site: NCMountainLife.com . While this site is optimized in terms of its pages fitting on an iPhone, it lacks adquate mapping info for individual listings and user-grouped listings that leverages ...

Toyota - big R&D investments in Michigan

Toyota announced it will be spend $100 million in advance research with the University of Michigan. This comes on top of an additional $187 million investment Toyota announced last year to create an advanced research institute near Ann Arbor due to open this year. Money quotes:"I think Michigan will continue to be a hub for advanced technology research," and (paraphrased) - "Toyota is smart ...

Property Owner Golf Rates - Treetops

Treetops has published their 2008 Golf Rates, including rates for property owners, their guests, and renters of their property. Contact me to discuss the advantages of property ownership at Treetops, you'll be amazed at the value offered to property owners given these are the set of golf courses in the Midwest.

Turning a tragedy into bleeding edge leadership

Time magazine recently reported on Greensburg, Kansas' response to a tornado that destroyed their town.  Money quotes:"Consultants from the Department of Energy and the National Renewable Energy Laboratory are helping residents build new houses that are up to 50% more energy efficient than their old homes."and". . . the city council approved a plan that would make all public buildings in Greensburg ...

Frankenmuth's Mr. Basketball sets amazing records

The Traverse City Record Eagle presents Mr. Basketball! Frankenmuth's Brad Redford holds the #1, #4. & #5 positions for consecutive free throws, nailing 102 and 35 this year for 1st and 4th, and 34 in his sophmore year for 5th best ever in the state. At 97.1% free throw shooting percentage shatters the old mark, the link above doesn't mention if thats a season or career mark. While I grew ...
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