Archive of Michael Creel's Articles

Michael has written 15 article(s) for the BiggerPockets Blog.


Commentary

A Realtor’s Road to Baghdad

by Michael Creel | April 15, 2008

Taking responsibility sometimes requires one to find an alternate path in life. I often hear and read stories about people “walking away” from their financial obligations and responsibilities simply because it’s not in their best interest to honor them, or it’s simply become to stressful. As a Realtor, I’ve certainly not been immune to the [...]

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Economy

Fuels Costs, High Gas Prices and the Real Estate Investor

by Michael Creel | April 3, 2008

Fuel prices are already taking a huge slice out of family budgets with soaring heating and energy cost; but thats only the beginning. As gas prices skyrocket, the money to buy it must come from the family budget, making it even harder to keep up with the bills and the mortgage payments. When many homeowners [...]

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Commentary

Is America Going Broke?

by Michael Creel | March 26, 2008

Is the United States going broke? Many would roll their eyes at this notion; they would tell you that the country has never defaulted on its debt that its long-term interest rates are historically low; that the dollar is the world’s reserve currency; and that China, Japan, and other countries have an insatiable demand for [...]

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Foreclosures

The Farce of Foreclosure Rescue (scams)

by Michael Creel | March 12, 2008

It’s become commonplace to see advertisements of all type promoting some new foreclosure rescue company that is the savior of those in distress and about to lose their home. These companies appear to have all the answers to the distressed homeowners mortgage issues, and for absolutely free, they will save you and get those nasty [...]

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Economy

Investing in America, as The American Dream Crumbles.

by Michael Creel | March 5, 2008

As we see the mortgage and real estate industries go through tough times (with thousands of homes falling into foreclosure) we can only hope that any money made from this disaster will at least stay in this country. Many investors are pouring millions into buying these foreclosures, often at fifty cents on the dollar. One [...]

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Commentary

Viva La’ Revolution! Investing in Green Real Estate

by Michael Creel | February 26, 2008

The Green revolution has arrived, and it wants you! In todays modern construction world, many builders are investing in Green construction and finding a whole new Market of eager buyers, and the cost depends on just how green you want to get. As for how much it costs, and how much it saves, well, that [...]

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Real Estate

What is Home Staging?

by Michael Creel | February 13, 2008
Thumbnail image for What is Home Staging?

You already know your home needs to be clean, uncluttered, and in good repair; but you can further distinguish your home from the competition by staging it. Staging can be a bit like the “Make-over” TV shows where a not-so-attractive person is miraculously turned into a supermodel! Although your home may just look wonderful to [...]

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Real Estate

The Perils of Being a Realtor

by Michael Creel | February 6, 2008

While many of us sat and watched the Super Bowl, Lindsay Buziak, a 24-year-old BC real estate agent, was found dead in a vacant Gordon Head home. She had been lured to a home under the pretense of a potential sale, and she was murdered. The home at 1702 De Sousa Pl. is described as [...]

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Credit

How to Score Big! The Truth Behind Credit Reports and Your Credit Score.

by Michael Creel | January 30, 2008

As interest rates continue to plummet millions of Americans will flock to their lender to refinance and many of those will find that their credit scores prevent them from taking any real advantage of those new low rates. Borrowers that financed when rates were low previously, and their credit scores higher, were able to get [...]

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Commentary

Beware of Fraud Peddling Real Estate Scam Artists, Consultants, and So Called Experts

by Michael Creel | January 23, 2008

There never seems to be an end to the crooks and [tag]con[/tag] artist that prey upon people. I’ve been telling friends and associates for many months that I feel the bulk of the mortgage crises blame falls on [tag]scam[/tag] artist (many posing as mortgage consultants). As the crisis continues, the crooks will undoubtedly come crawling [...]

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Real Estate Tips

Earning Your Keep: What Makes a Good Real Estate Agent

by Michael Creel | January 18, 2008

In the last few years I’ve noticed much of the public has lost respect for [tag]Realtors[/tag] and view them as overpaid “[tag]salespeople[/tag]” that get a lot of money for simply showing a house or two and writing up a simple contract. For some, that perception will never change simply because they see it as a [...]

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Commentary

Money Out the Window?

by Michael Creel | January 6, 2008

Over the holidays I took it upon myself to do a bit of remodeling at home. The standard upgrades were mandatory and of course included stainless appliances, granite counters, and a gas stove. Ironically, while I was working away a young man came knocking at the door and asked if I would be interested in [...]

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Real Estate Investing

Techniques for Covering Closing Costs

by Michael Creel | December 21, 2007

Although the days of getting cash credits towards closing costs are seemingly coming to an end with the tightening of mortgage regulations, there are still viable ways to accomplish that goal. Both Non-Agency and Dual-Agency arrangements can be used for this purpose. Often buyers mistakenly believe Dual-Agency is created when buyers approach a listing agent [...]

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Learn Real Estate

Home Sick? An Eye Opener on Toxic Homes

by Michael Creel | December 12, 2007

Several months ago a good friend of mine I hadn’t seen in many years emailed me to tell me she was gravely ill; it seemed almost like a good-bye letter. She’s much younger than I and had always been very healthy when we were younger. She apparently had developed a mystery illness that had quite [...]

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Commentary

Flip Flop

by Michael Creel | December 6, 2007

In the last few years it seems society has gone house-flipping mad. Every time I turn on the TV there is yet another show illustrating the ease in which anyone with a heartbeat can make a fortune buying a beat-up house and turning it into a beautiful modern-day wonder. Often at the end of these [...]

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