Real Estate Agent

Joined 08/25/2008

Michael Shannon

Team Leader

The Shannon Team

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(313) 277-6453

313-278-6453 fax

The Shannon Team is recognized nationwide by many banks and outsourcers as one of the premiere foreclosed real estate teams in Michigan. We specialize in selling bank owned homes and foreclosed real estate. Since 1991, the Shannon Team has successfully listed and sold thousands of bank owned homes in the Greater Metro Detroit Area and ranks in the top ten foreclosure teams each year since 2004.

My Groups

My Comments

  • Since June 2008, my team has
    By Michael ShannonApril 9, 2009 - 10:18am

    Since June 2008, my team has sold hundreds of homes to investors from out of state and overseas, mostly Britain, Australia, and California)

  • Pay the original loan or
    By Michael ShannonApril 9, 2009 - 10:15am

    Pay the original loan or foreclose. No pay no stay. Too bad prices went down. That is life. Maybe we should do the same for everyone that bought stocks that went down. When people bought homes for cheap and made money it was okay, lose money and lets change the rules. NO WAY

  • I anticipate that the
    By Michael ShannonJanuary 8, 2009 - 6:56am

    I anticipate that the markets should begin to stabilize towards the end of 2010 or mid 2011. But there can be no recovery until the job market is fixed. Let the big corps go out of business, let them fail, that is free market. Well managed companies will be fine, and the others that were not, will go away. Stop propping up corporate greed. No more bailouts. Executive greed, poor business decisions, collective bargaining, and failure to base pay on merit caused this whole mess. I suggest that the government create jobs, millions of jobs, and the markets will correct themselves within 24 months. 700 billion dollars used for job creation instead of bailouts would reverse the entire economic slide. Unless people have jobs, stable jobs, there will be no recovery.

Friends

  • I do not have any friends at ths time.