Mike May, Realtor 804.731.0111 Mike May, Realtor 804.731.0111
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For Homeowners

Posts filed under For Homeowners


Net Worth of Homeowners 44X Greater than Renters
Posted Thu, Oct 12th 2017 1:05 pm
Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey data, covering ...

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The Truth About Homeowner Equity
Posted Thu, Oct 5th 2017 11:18 am
A recent article from a reputable news source was titled: Here's why some homeowners still can't sell. In the opening bullets of the article, the author claimed, “Negative equity is...

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Easier to Play the Game
Posted Tue, Sep 26th 2017 10:48 am
It’s much easier to play a game when you know the rules so you can avoid mistakes that may keep you from winning. Homeownership isn’t a game but there are some rules that will protect your investme...

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Investing on Your Side of the Fence
Posted Tue, Sep 12th 2017 2:13 pm
The grass tends to look greener on the other side of the fence. Maybe that’s why some people invest in things they don’t understand. It has been said that the grass is just as hard to mow on the ot...

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America Needs Your House!!
Posted Thu, Sep 7th 2017 1:16 pm
The biggest challenge in today’s real estate market is a lack of housing inventory. How big of a challenge is the housing shortage? Here are what four industry economists are saying on the issue ...

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Empty Nesters: Best to Remodel or Time to Sell?
Posted Thu, Aug 31st 2017 1:19 pm
Your children have finally moved out and you and your spouse now live alone in a four-bedroom colonial (or a similar type of house). You have two choices to make: Remodel your ho...

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Your Home's Equity Could Be the Answer
Posted Tue, Aug 29th 2017 11:14 am
A home equity line of credit, HELOC, is a mortgage loan made to homeowners to be used on an as-needed basis. A lender, such as a bank, will approve a borrower for a specified amount based on the eq...

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Other People's Money for College
Posted Tue, Jul 25th 2017 1:47 pm
Consider the goal of funding a child’s college education in the future. If “other people’s money” in the form of a scholarship is not a possibility, there still may be another way to use some “othe...

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Don't Have a CLUE?
Posted Thu, Jun 29th 2017 1:43 pm
If you haven’t heard of a CLUE report, it has nothing to do with the table game searching for a murderer. It is a report showing the insurance claims on your home and car for the past five to seven...

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Lower the Rate - Deduct the Interest
Posted Tue, Apr 11th 2017 1:34 pm
Credit card debt in America is back to levels prior to the recession. The average credit card APR is just under 16% according to CreditCards.com Weekly Credit Card Report.  Homeowners have an advan...

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Tax Benefits of Home Ownership
Posted Tue, Mar 14th 2017 1:01 pm
U.S. taxpayers have enjoyed specific tax benefits for home ownership since personal income tax was introduced by the 16th amendment in 1913. While these benefits may not be the primary reason that ...

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Proof of Purchase
Posted Tue, Jan 31st 2017 12:08 pm
People who experience a property loss are usually asked by their insurance company for proof of purchase which can come in the form of a receipt or current inventory of their personal belongings. ...

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Start 2017 Off Right… List Your House for Sale
Posted Thu, Dec 29th 2016 12:16 pm
As we are about to bring in the New Year, families across the country will be deciding if this is the year that they will sell their current house and move into their dream home. Many will decide...

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Why You Shouldn’t Take Your House Off the Market During the Holidays
Posted Thu, Dec 15th 2016 1:13 pm
If you are one of the many homeowners who is debating taking your home off the market for the next few weeks, don’t! You will miss the great opportunity you have right now! The latest Existing H...

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Should I Sell My House? How to Tell If the Time Is Right
Posted Thu, Nov 3rd 2016 4:49 pm
Fantasista/iStock No matter how many fond memories you’ve accumulated in your home, there may come a time when you start wondering: Should I sell my place? Maybe it’s because your local real...

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How to Stage Your Home While Living in It (Without Losing Your Mind)
Posted Tue, Oct 11th 2016 11:39 am
This summer, my husband and I decided to put our 1,200-square-foot Spanish-style bungalow in San Diego up for sale. Naturally, this involved meeting with a host of real estate professionals—all o...

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Get Ready for the Chill in Petersburg VA
Posted Sat, Nov 12th 2011 8:21 pm
Have you purchased Petersburg VA Real Estate? The weather is changing fast and now is the time to get ready for the winter months by making sure your house stays warm while keeping your utility bi...

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Petersburg VA Real Estate: Building the Economy
Posted Wed, Nov 9th 2011 1:26 am
Petersburg VA Real Estate: Building The Economy Save Big With These Home-Improvement Incentives Do you own or are planning to buy Petersburg VA real estate? Residential housing has a noticeable i...

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