Michael Torres is a Realtor with RE/MAX Reliance located in Montgomery County, PA. He has an extensive background in both real estate and mortgages which has provided him with a wealth of knowledge about the home buying process.
It all started in 1993 when Michael Torres became a licensed real estate agent with RE/MAX Heritage in Skippack, Pennsylvania. In 1997, the broker of the company decided to shut down the office and he moved to RE/MAX Central in Lansdale, PA. In searching for a mortgage officer that would treat his clients the way he wanted them treated, Michael started his own mortgage company, Homestead Mortgages, Inc., in 2000. Having control over both the real estate and the financing during a transaction was perfect. Then, new government regulations forced mortgage companies out of business due to the licensing, rules, requirements, restrictions and costs associated with these new changes. This not only affected Homestead Mortgages, but larger companies that mortgage loans were being sold to. Michael decided to close Homestead Mortgages, Inc in 2009 due to it not being cost effective and not having access to certain products that were beneficial to clients.
Because Michael has experience on both sides of the transaction, Realtor and mortgage officer, he has gained invaluable knowledge of the home buying process. Michael is also a member partner in a land development company subdividing land and developing new homes. Recently, Michael was asked to be an expert witness in a court of law to testify about real estate matters.
Real estate is his life, and he loves every minute of it. From first-time buyers, to seasoned investors, he has the experience and knowledge to help you in your transaction in order to make it a positive experience. We guarantee it!