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About Michael Penrod

Your agent for Phoenix-Metro Homes

I'm an Arizona native with family and friends spread out throughout the Valley of the Sun. I grew-up in the Biltmore area, live in North Central Phoenix, and invest in real estate throughout the valley.

Michael Penrod

RE/MAX PREFERRED CHOICE

Michael Penrod


 
 

My credentials


Certified Distressed Property Expert Designation (CDPE)
Fair Housing and Equal Opportunity (FHEO)
REALTOR®
The Multiple Listing Service Mark
 
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Real Estate Advice


 

Homebuyer Tips

How To Use Color Trends To Make Your Home Decor Stand Out In 2023

How To Use Color Trends To Make Your Home Decor Stand Out In 2023

Your home is a reflection of your personality, and the colors you choose to decorate it will play a crucial role in creating the ambiance and the mood of your living space. As we enter spring, the season of revival and rebirth, it’s the perfect time to start updating your home’s color scheme to keep it fresh, stylish and inviting. In this article, we’ll ...

Homebuyer Tips

Best Places To Live In Virginia

Best Places To Live In Virginia

When looking for the best places to live in Virginia, you will not be disappointed. Located on the southeastern coast of the United States, Virginia is filled with rich history, natural beauty, and diverse communities. With its close proximity to Washington D.C. and the Atlantic Ocean, Virginia offers a unique blend of urban and rural living that makes it an attractive ...

Agent Advice

Content For Real Estate Agents: The Top Strategy For Success In 2023

Content For Real Estate Agents: The Top Strategy For Success In 2023

 As a real estate professional, you probably wonder why creating content for real estate agents has anything to do with the job, itself. But companies and agents picking up the routine made it evident that social media marketing and a solid overall web marketing strategy with content can be much more effective than paid advertisements. Well, as an agent, your ...

Agent Advice

Pros & Cons Of Being A Real Estate Agent

Pros & Cons Of Being A Real Estate Agent

Before starting a real estate agent career, learn about the pros and cons of being a real estate agent. Weighing the benefits and drawbacks allows you to make smarter decisions about your future profession. A career in real estate may give considerable benefits. It can also provide various problems that must be overcome. It is a career that involves hard labor and ...

Agent Advice

Best Paying Jobs In Real Estate

Best Paying Jobs In Real Estate

Have you ever dreamed about a career with a 6 figure salary? Most people certainly have. What most people haven’t dreamed about, though, is how to get that amount of money. The reason for that might be that the goal seems to be lightyears away from reality, or it’s hard to make a move from the warmth of the comfort zone. Also there are people who are just ...

 

Real Estate Glossary Terms

  • Contract Price

    Selling price for a property less assumed mortgages by the buyer. For tax purposes, the computation of the contract price is critical. ...

  • Rental Concession

    Reduction in the normal rental charge to attract prospective tenants or keep existing tenants at lease renewal. Discounts may be given to obtain a higher occupancy rate, make it easier of the owner to derive bank financing, induce a large retailer to relocate, or stimulate a longer term lease wit ...

  • Cash Refund Annuity (lump Sum Refund Annuity)

    If the annuitant dies before receiving total income at least equal to the premiums paid, the beneficiary receives the difference in a lump sum. If the annuitant lives after the income paid equals the premiums paid, the insurance company continues to make income payments to the annuitant for life. ...

  • Owners And Contractors Protective Liability Insurance

    Endorsement to owners, landlords, and tenants LIABILITY POLICY, MANUFACTURERS AND CONTRACTORS LIABILITY INSURANCE, or other liability policies for business firms that provides liability coverage for an insured who is sued because of negligent acts or omissions of an independent contractor or subcont ...

  • Single Risk Cargo Insurance

    Marine cargo coverage for a single shipment of goods. Also known as special risk insurance and trip cargo insurance. Contrasts with open policy cargo insurance that covers all of a shipper's goods in transit. ...

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