Changing the Way America Buys and Sells Real Estate!  

Cash Rewards, Grant Programs, & Money Saving Buying Tips

Get up to $10,000 in Cash Rewards & Savings when you use our home buying services!

The Cash Rewards program is a deferred cash reward program similar to airline miles programs, credit card rewards, and commonly used discount programs you have access to when you buy computers, printers, appliances, etc. There has never been a cash rewards program like this for buyers and sellers of real estate, until now. 

The best way to describe the cash reward program is it is similar to having a bank CD (bank certificate of deposit). It is like cash in the bank that becomes available to you when it matures. While some agents give a gift card or a gift basket for a closing gift, we provide cash rewards.  If you had a choice between a gift card, gift basket, or up to $10,000 in a cash CD, which would you choose?     

It costs you nothing to participate in the program 

This exclusive program is funded by contributing a portion of our advertising dollars and a percentage of our sales to the program.  We pay a sponsorship fee at closing each time an award certificate is given. You pay nothing for the cash reward certificate itself.  Kris-Michael Prudential Partners is the local real estate group administering this program. 

Citi Bank holds your cash reward funds 

Citi Bank, one of our nation's best known banking institutions, is the holder of all claim funds. Resolve Corporation, a firm with over 33 years of experience in administering retail promotions for such companies as Pepsi, Chrysler, and Nissan, serves as the independent third-party administrator.  They alone determine valid consumer claims and control disbursements from the claim fund. This assures the program is run fairly and impartially.

How your cash reward amount is determined

It depends on the price of the home you sell or buy - up to 2% of the purchase price.  Example: You buy a $200,000 home X 2% = $4,000 in cash rewards.  The maximum cash reward offered is $10,000 per transaction. 

Claiming your cash reward is simple!

After the closing of escrow your real estate agent gives you your cash reward certificate, you make a copy of the front and back, complete a customer acknowledgment form and copy it, and mail both copies via certified mail to the third party administrator. That's all it takes to begin the process. Then you follow the detailed instructions accompanying your certificate.

To receive your free Cash Reward gift certificate worth up to $10,000 cash, simply email mykmhomes@msn.com or contact Michael at 719-460-7004.  No strings attached!

*Certificates are available only to customers of The Kris-Michael Real Estate Team who participate in our VIP Buyer and Seller Programs and complete real estate transactions. Non customers of The Kris-Michael Real Estate Team are not eligible to participate in this program. 

Low and medium income homebuyers could qualify for grant money or down payment assistance to cover the down payment and or closing costs. We specialize in a variety of programs. For free counseling and assistance on how to get Down Payment Grants call Michael @ 460-7004 or email: mykmhomes@msn.com

What do we do:

1. We refer you to a local and state government approved lender who specializes in these programs.
2. We can help with the application and pre-qualification process.
3. We help negotiated a win win solution with sellers to limit or eliminate the closing costs.
4. Our goal is to get you into a home with the minimum requirements to be eligible for the grant or gift program(s).
5. Our services are free and saves you time and money.

Benefits:

1. Get below or at market interest rates and no to low closing costs.
2. Your Down payment is completely covered by the grant or gift.
3. Fixed rate 30-year mortgages
4. Optional second mortgage up to 3% of the 1st mortgage at 0% interest (gift).
5. Free homebuyer education classes.
6. Optional 4% grant of the purchase price to cover down payment and partial closing costs.
7. A network of experienced industry partners ready to help you become a homeowner.

Who Qualifies:

1. Low and medium income homebuyers
2. First time homebuyers
3. Previous homebuyers who have not owned a home in the last three years.
4. Homebuyers who have owned a home within the last three years may qualify for partial grant or gift.
5. Your credit may be less than perfect.
6. Other qualifications will apply based on lender pre-approval, income, and credit.

For more information or to start the process towards home ownership call 719-460-7004.

If no one wants to catch a case of buyer's remorse, why are there so many people out there who suffer from it? The answer is simple, most of these people engaged in a transaction without enough knowledge and information.

The best way to make sure that you choose the right home is to properly prepare yourself. The purchase of a home is a tremendous investment, both monetarily and emotionally. The purpose of this page is to in provide you with some tips that will help your transaction progress smoothly and result in you being a happy homeowner.

Remember, if you have any questions I am always just a phone call or email away.

• Get help. Your home is likely to represent one of the largest investments in your life. In order to make sure that the transaction goes smoothly it is of vital importance that you choose the right agent to represent your interests. The right agent will be someone whose experience and personality makes you feel comfortable. You should try to find an agent that is familiar and knowledgeable about the area you plan to move into.
• Get pre-approved. Do you already know how much home you can afford? There is nothing more frustrating than looking for a home, finding the perfect home, and then discovering that it is out of your price range. Speak with a lender to learn about the different financing options available to you. When you find the right lender get the paperwork processed so that you will be ready to buy when you find the right home.
• Avoid major purchases. In order to determine the amount of home you can afford a lender uses your debt-to-income ratio. This ratio is the percentage of your pre-tax income that you spend on debt. Your debt ratio will include: monthly housing costs, car payments, credit cards, student loans, and any other installment debt. If you take on more debt right before buying a home it is going to have an impact on the amount of the loan that the lender will finance.
• Sign up for Property Watch. In order to make an educated decision you need to know what is available and how much it is going for. You can browse all the active listings from my website. Once you have found some homes you like save those searches and sign up for property watch so that new listings will be emailed to you. The best homes move fast so you need to make sure that you are on top of the available inventory at all times so you do not miss out.
• Ask Questions. No one knows the home better than the seller of the property; however it is not always in the seller's best interest to disclose all the information. If you find out the seller's motivation for selling you might be able to negotiate a better deal on the home. Try to find out the last time service was performed on the roof, furnace, and water heating. Asking the right questions now can end up saving you a lot of money in the long run.
• Get inspected. The last thing you want to discover after you have bought a home is that you have purchased a "money pit". By "money pit" I am referring to a home that is full of defects that are going to end up costing you a lot of money. Save yourself a lot of time in future litigation and renovation by bringing in a licensed home inspector before you buy. If any problems are found it will steer you away from a bad decision or help you negotiate a better price.