Mike May, Realtor 804.731.0111 Mike May, Realtor 804.731.0111
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Blog Posts by Mike May

Posts filed under Blog Posts by Mike May



The Importance of Home Equity in Retirement Planning
Posted Thu, Jun 22nd 2017 12:01 pm
We often discuss the difference in family wealth between homeowner households and renter households. Much of that difference is the result of the equity buildup that homeowners experience over th...

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Do You Know How Much Equity You Have in Your Home?
Posted Tue, Jun 20th 2017 11:46 am
CoreLogic’s latest Equity Report revealed that 91,000 properties regained equity in the first quarter of 2017. This is great news for the country, as 48.2 million of all mortgaged properties are ...

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Happy Father's Day!
Posted Fri, Jun 16th 2017 11:45 am
Dad He never looks for praises He’s never one to boast He just goes on quietly working For those he loves the most His dreams are seldom spoken His wants are very few And most of the time ...

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Are Home Prices Approaching Bubble Territory?
Posted Thu, Jun 15th 2017 1:51 pm
As home values continue to rise, some are questioning whether we are approaching another housing bubble. Zillow just reported that: “National home values have surpassed the peak hit during the...

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The Land of the Free
Posted Fri, May 26th 2017 12:57 pm
Three years after the Civil War ended, on May 5, 1868, the head of an organization of Union veterans — the Grand Army of the Republic (GAR) — established Decoration Day as a time for the nation t...

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Happy Mother's Day!
Posted Fri, May 12th 2017 2:02 pm
The Person who has done more for you than anyone in the world! A halo that reflects a life of wisdom, kindness, and caring. Eyes that sparkle with pride and show how much she believes in you. Sh...

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Reasons to Refinance
Posted Wed, May 10th 2017 10:52 am
Regardless of the reason to refinance a home, the basic question to ask is: “Do you plan to live in the home long enough to recapture the cost of refinancing?” There are always expenses involved in...

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An Alternative to Paying Tax Today
Posted Tue, Apr 18th 2017 2:03 pm
The cartoon character Wimpy would say that he’d gladly repay you Tuesday for a hamburger today. Some real estate investors say a similar thing to Uncle Sam to be able to hold on to their proceeds f...

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Happy Easter!
Posted Fri, Apr 14th 2017 1:58 pm
As the cold and grey winter days...  Give way, to the bright and beautiful spring..  You know it’s time for you to hear,  The Easter bells ring!  The birds are chirping... The bunnies are out... ...

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Again… You Do Not Need 20% Down to Buy NOW!
Posted Tue, Apr 4th 2017 2:10 pm
A survey by Ipsos found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. There are two major misconception...

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Consumer Confidence in Economy & Housing is Soaring
Posted Thu, Mar 30th 2017 3:06 pm
The success of the housing market is strongly tied to the consumer’s confidence in the overall economy. For that reason, we believe 2017 will be a great year for real estate. Here is just a touch...

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Save the Cost of Mortgage Insurance
Posted Tue, Mar 28th 2017 1:58 pm
During the banking crisis in the Great Recession, certain types of mortgages were unavailable that are once again being offered. Fortunately, the 80-10-10 mortgage is one of those making a reappear...

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It's Time to Spring Forward!
Posted Fri, Mar 10th 2017 2:45 pm
“With rushing winds and gloomy skies The dark and stubborn Winter dies; Far off, unseen, Spring faintly cries, Bidding her earliest child rise; MARCH!” ~Bayard Taylor   Get ready to spring...

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Happy Valentine's Day - Celebrate Love!
Posted Tue, Feb 14th 2017 12:58 pm
Just hearing or seeing the date, February 14th, conjures images of hearts and flowers in our minds. Valentine’s Day.  A “holiday” named for St. Valentine.  A day set aside each year to celebrate ...

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Mortgage Loans from Relatives
Posted Wed, Feb 8th 2017 10:53 am
Occasionally, when dealing with close relatives who might also become heirs, signing a note and handling the paperwork properly may seem like a needless effort but it could mean the difference in b...

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No Matter What the Groundhog Says, Here are 5 Reasons to Sell Before Spring!
Posted Thu, Feb 2nd 2017 2:53 pm
Is spring closer than we think? Depending on which groundhog you listen to today, you may have less time than you think to get your home on the market before the busy spring season. Many sellers...

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Happy New Year 2017!
Posted Fri, Dec 30th 2016 10:55 am
It’s Just Another Auld Lang Syne Should auld acquaintance be forgot, And never brought to mind? Should auld acquaintance be forgot, And auld lang syne. I’m sure you’ve heard this song dur...

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The Magic of Christmas!
Posted Fri, Dec 23rd 2016 7:21 pm
“But I am sure that I have always thought of Christmas time, when it has come ‘round…as a good time, a kind, forgiving, charitable, pleasant time; the only time I know of, in the long calendar ...

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What a Difference 50 Years Makes
Posted Tue, Dec 20th 2016 2:20 pm
In 1966, a gallon of gas was $0.32 and today, it is $2.49. A dozen eggs were $0.60 but they’ve only doubled to $1.33. A gallon of milk was $0.99 and today, it costs $3.98. You could send a letter f...

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There is Always Something to be Thankful For!
Posted Thu, Nov 24th 2016 8:00 am
“Gratitude is the inward feeling of kindness received. Thankfulness is the natural impulse to express that feeling. Thanksgiving is the following of that impulse.” Henry Van Dyke   Did you know?...

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