Mike Ogunkeye Real Estate Group

Mike Ogunkeye Real Estate Group Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Mike Ogunkeye Real Estate Group, Estate agent, 10707 Corporate Drive Suite 206, Stafford, TX.

09/22/2026

The market rewards the people who can see past the surface.

Most buyers need a house to already look good before they can believe in it.

That preference keeps them competing with everyone else for the same clean, easy deals.
I look for the opposite.

When a property is so neglected that almost nobody wants it, the price usually reflects that. And price is the one variable you can actually control.

The less competition there is, the more room there is to win.

They don't put these on billboards.They don't run commercials for them.But they exist — and they could save you thousand...
09/22/2026

They don't put these on billboards.
They don't run commercials for them.

But they exist — and they could save you thousands.

5 programs most first-time buyers never hear about:

1. Down Payment Assistance (DPA) Programs
Many states offer grants or forgivable loans to cover your down payment. You never pay them back if you stay in the home long enough.

2. Good Neighbor Next Door
Teachers, firefighters, law enforcement, and EMTs can buy HUD homes at 50% off the list price. Yes, really.

3. State Housing Finance Agency Loans
Below-market interest rates available only to first-time buyers. Every single state has one.

4. Mortgage Credit Certificates (MCC)
A federal tax CREDIT — not a deduction — worth up to $2,000 per year for the entire life of your loan.

5. Employer Homebuying Assistance
Some companies offer down payment help as a workplace benefit. Most employees never think to ask.

Most buyers leave money on the table because they don't know these programs exist.

My job is to make sure that doesn't happen to you.

💾 Save this. And tag a first-time buyer who needs to see it

09/19/2026

Waiting for the “perfect” time feels responsible.

But markets don’t usually announce the bottom. They just slowly move past the people who were still waiting.

The buyers who consistently do well aren’t the ones who predicted the exact moment. They’re the ones who kept acting when conditions felt uncertain.

Comfort is expensive.

Discomfort is often where the real opportunities sit.

You don’t need perfect timing.

You need a process that still works when timing is imperfect.

Every month, millions of homeowners are paying an extra $100–$300 they don't have to.It's called PMI — Private Mortgage ...
09/15/2026

Every month, millions of homeowners are paying an extra $100–$300 they don't have to.

It's called PMI — Private Mortgage Insurance.

Here's what it actually is:

When your down payment is less than 20%, most lenders require PMI. It protects the LENDER if you stop making payments. Not you.

Typical cost: 0.5–1.5% of your loan amount per year.
On a $300,000 loan → $125–$375 added to your payment every single month.

Here's the thing most people don't know:

PMI is not permanent.

Here's exactly how to get rid of it:

1. Request cancellation once you reach 20% equity — lenders must remove it at 22% by federal law.
2. Refinance when your home has appreciated enough that the new loan is under 80% of current value.
3. Make extra principal payments to hit 20% equity faster.
4. Order a new appraisal if local values have risen — your equity may already be there.

You worked hard for that money.

Stop sending it to an insurance company that isn't protecting you.

💾 Save this and look at your mortgage statement this week. If you see PMI on there — let's talk about your options

🏡 Houston's fall real estate market is shifting — and that shift creates real opportunity for buyers AND sellers.The sum...
09/14/2026

🏡 Houston's fall real estate market is shifting — and that shift creates real opportunity for buyers AND sellers.

The summer rush is behind us. Inventory is improving across the metro. And the buyers who are actively searching right now are serious, pre-approved, and ready to move.

Here's what we're seeing heading into fall 2026:

✅ Buyers: More inventory, less competition, and motivated sellers with real deadlines
✅ Sellers: Serious buyers, strategic pricing, and strong results for well-prepared homes
✅ Communities like Sugar Land, Katy, Cypress, Pearland & Richmond each have their own story this season

We just published a full breakdown on the blog — covering what's happening in the market, what it means for your situation, and how to position yourself for success whether you're buying or selling.

📖 Read the full post at mikeogunkeye.com

Have questions about your specific neighborhood? Call or text Mike directly at (832) 340-8787 — no pressure, just honest guidance.

Whether you've stayed close or moved miles away, every journey leads to a new place to call home. 🏡✨
09/13/2026

Whether you've stayed close or moved miles away, every journey leads to a new place to call home. 🏡✨

Same house. Same price. Same loan amount.Completely different monthly payment.Here's a real example:$300,000 home → $270...
09/08/2026

Same house. Same price. Same loan amount.

Completely different monthly payment.

Here's a real example:

$300,000 home → $270,000 loan after 10% down

Credit score 620 → rate ≈ 7.5% → ~$1,888/month
Credit score 700 → rate ≈ 6.8% → ~$1,762/month
Credit score 760+ → rate ≈ 6.3% → ~$1,675/month

That's $213 per month between a 620 and a 760.
$2,556 per year.
$76,680 over 30 years.

All for the same house.

Your credit score is one of the most powerful financial levers you control going into a purchase.

And the good news? You don't need perfect credit. You need a strategy.

Here's where to start:
✅ Pay credit card balances below 30% of the limit
✅ Don't open any new credit accounts
✅ Dispute any errors on your credit report
✅ Don't close old accounts — credit history length matters

Even bumping from 620 to 680 can save you tens of thousands over the life of your loan.

💬 Drop your target purchase year in the comments. I'll tell you what score you should be building toward

🍂 Fall is quietly one of the best times to buy a home in Houston — and most buyers don't realize it.While everyone else ...
09/07/2026

🍂 Fall is quietly one of the best times to buy a home in Houston — and most buyers don't realize it.

While everyone else waits for spring, smart buyers are moving now. Here's why:

✅ Less competition from other buyers
✅ More motivated sellers willing to negotiate
✅ Longer days on market = more tim

09/06/2026

Quarantine has us all looking at our home's a little differently. Here's a list of easy tasks to tackle while you're spending more time inside.

You saved for the down payment.You got pre-approved.You found the house.And then the Closing Disclosure arrives — and yo...
09/01/2026

You saved for the down payment.
You got pre-approved.
You found the house.

And then the Closing Disclosure arrives — and you see a number nobody warned you about.

Closing costs.

Here's what most buyers forget to budget for:

💰 Lender origination and underwriting fees: $1,000–$2,000
💰 Appraisal: $400–$700
💰 Title search and insurance: $700–$1,500
💰 Attorney or settlement fees: $500–$1,500
💰 Recording fees: $100–$250
💰 Prepaid interest and escrow setup: varies
💰 Home inspection (paid before closing): $300–$600

Total: typically 2–5% of your loan amount.

On a $350,000 home, that's $7,000–$17,500 on top of your down payment.

The good news — you have options:

✅ Negotiate seller concessions to cover some or all of these
✅ Look into first-time buyer programs that assist with closing costs
✅ Ask your lender about lender credits in exchange for a slightly higher rate

But you have to know to ask.

And you have to plan for it before you ever make an offer.

📲 Comment "BUY" and I'll send you a full cost breakdown for your target purchase price

Address

10707 Corporate Drive Suite 206
Stafford, TX
77477

Telephone

+18323408787

Website

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