Michael Phillip - Colorado Real Estate

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7 Common Pitfalls When Pricing Your Home

May 31, 2023 By Michael Phillip

Avoid These 7 Common Pitfalls When Pricing Your Home to Sell Setting the right price for your home is crucial when it comes to selling it quickly and maximizing your profits. Failure at pricing your home accurately can lead to costly consequences, such as extended time on the market, decreased interest from potential buyers, and… [Read More]

Best Ways To Add Value To Your Home

March 9, 2023 By Michael Phillip

Are you looking for the best ways to add value to your home? Maybe you’re thinking about selling, or maybe you just want to spruce up your living space. Whatever your motivation, there are plenty of fun and exciting ways to add value to your home without breaking the bank. From decluttering and adding square… [Read More]

Calculate Your Home Equity

February 10, 2023 By Michael Phillip

Home equity is a term that many homeowners are familiar with, but few fully understand. Essentially, home equity is the portion of your home that you own outright, or the difference between the value of your home and the amount you owe on your mortgage. Knowing this information can be a valuable asset that can… [Read More]

Benefits Of A Real Estate Agent

January 24, 2023 By Michael Phillip

Did you know that there are benefits of a Real estate agent beyond just looking pretty and opening doors to beautiful homes? I know reality TV and the internet may make you feel as if showing properties and hosting lavish open houses are the norm. However, the life of a true real estate professional is… [Read More]

A Comprehensive Look at a Real Estate CMA

January 23, 2023 By Michael Phillip

As a real estate professional, one of the most common questions I receive from homeowners is “What’s my home worth?” This is where a Comparative Market Analysis (CMA) comes in. In this article, we will take a comprehensive look at what a CMA is, how it is performed, and why it is important for homeowners… [Read More]

What is an appraisal gap?

January 4, 2022 By Michael Phillip

When purchasing a home and using financing through a mortgage loan, the lender of that loan will require an appraisal. This is typically performed following the seller accepting the buyers contract. The lender orders and schedules the Appraisal and the cost is typically paid for by the Buyer in their closing costs. The appraisal ensures… [Read More]

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