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Mike Moger's Real Estate Blog: The Piano
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Mike Moger's Real Estate Blog. Monday, November 10, 2014. I’ve always said that the world is perfect. Unfortunately, for whatever reason, we then give it to human beings to run, and things get a little mucked up. The following story is taken from the annals of my career. Some things you just can’t make up. The buyers and I were standing on the curb discussing in detail what would happen the following day at the closing table when it happened. I've been told that a tornado sounds like a freight train ...
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Mike Moger's Real Estate Blog: Jerry Buys a House
http://mikemoger.blogspot.com/2014/10/jerry-buys-house.html
Mike Moger's Real Estate Blog. Monday, October 27, 2014. Jerry Buys a House. This is a funny story, along with a valuable lesson about buying a home. Jerry flew through the door at our real estate office one day with more energy than anyone I know. He was a body builder, huge man, about 6 foot 5 or 6 inches. He very loudly announced to our petite receptionist that he was buying a house, and could he talk with someone. He loved the third house. He needed no time at all to make the decision. This w...8220;...
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Mike Moger's Real Estate Blog: February 2014
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Mike Moger's Real Estate Blog. Thursday, February 27, 2014. Mortgage Interest Rates Update. Since 1971 when Congress created it, our beloved Freddie Mac has not only offered a wonderful secondary mortgage market for banks and other lenders, but has also kept the statistics on how much we as consumers pay for mortgages. Every Thursday morning, the weekly averages from around the country are released, so that we can see the trends. Today is Thursday, so here are the numbers. Comparing that to what you coul...
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Mike Moger's Real Estate Blog: A Free Gift
http://mikemoger.blogspot.com/2014/10/a-free-gift.html
Mike Moger's Real Estate Blog. Tuesday, October 21, 2014. I have a gift for you. It’s fun and useful and easy to use. So why not easily and quickly find out how much your neighbors down the block are asking for their house? Why is it so important to know the asking price? Or honestly, you’re a naturally curious and snoopy human being. Nothing wrong with that. It’s how we’re wired. I’ve always believed that knowing what’s going on around us is important, sometimes very much so. The more in...To begin, sea...
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Mike Moger's Real Estate Blog: The Rule of 72
http://mikemoger.blogspot.com/2014/08/the-rule-of-72.html
Mike Moger's Real Estate Blog. Monday, August 4, 2014. The Rule of 72. Every field of endeavor has a certain number of rules or guidelines, formulas, or just things about which the real experts know. Accountants know the benefits of a 1031 Tax Deferred Exchange. Joiners and carpenters know the formulas for building staircases. Every estate planning attorney knows what is meant by durable powers of attorney and life estates, and should be able to explain them simply to his or her clients. When you ask tho...
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Mike Moger's Real Estate Blog: October 2013
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Mike Moger's Real Estate Blog. Monday, October 28, 2013. Not covered for flood related damage to your home or business? A friend of mine in Lyons, CO took it on the chin recently when water poured in through his windows to fill his basement during the catastrophic flooding in Boulder County. He called his insurance agent, and was told that he didn't have flood insurance. Too bad for him. But I don't even have a sump pump," he replied. 8220;No flood-insurance coverage? Don’t be so sure! Many believe that ...
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Mike Moger's Real Estate Blog: September 2013
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Mike Moger's Real Estate Blog. Monday, September 30, 2013. I want a good positive cash flow, and I want it NOW! I got a great question from a client last week. He came to me to talk about buying a rental property, and after looking over the cash flow potentials for a number of properties, he wasn’t finding what he wanted. 8220;My dad has been buying rentals for years, and he tells me that he’s making a few hundred dollars a month on everything he has. Here’s the simple explanation. Once in awhile, you ha...
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Mike Moger's Real Estate Blog: October 2012
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Mike Moger's Real Estate Blog. Sunday, October 28, 2012. Save Electricity in Your Home. A few years ago, Lois and I decided to lower our electricity bill by replacing ALL of our existing bulbs to CFL's. To Cosco we drove and bought everything we needed for the total relighting of our home. I thought we probably had about 30-40 bulbs in the house. Amazing. 84. We found bulbs in places we'd never been in that house. Call me as you need. I'm always here for you. Enjoy the day,. Labels: Boulder homes for sale.
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Mike Moger's Real Estate Blog: June 2014
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Mike Moger's Real Estate Blog. Thursday, June 19, 2014. It's Thursday - Freddie Mac Day in my world. It's the day each week that Freddie Mac. Posts the results of its weekly survey on mortgage interest rates, showing us what kind of interest rate and fee the average American paid and received for new mortgage loans. The results are as follows:. So what's it all mean? Easy when you know how to calculate a monthly payment, and even more interesting when you look at the history. That top blue line shows the...