Category Archives: Colorado Real Estate



Posted by Todd McManigal on January 15, 2014

Where are they going?  I love sitting on my deck on the Red Hawk golf course in Castle Rock , Colorado looking north toward Denver and at any one time I can count 20 or more airplanes in the air.  Some are jumbo jets, some are 2 seaters but they are all up there together.

Ok, so when I see a jumbo jet high in the the sky heading west, I assume the highly empowered travelers are heading to destinations like San Diego, California or somewhere in Alaska.

Someday I’ll write a book with details of “where are they going?”  Today, this is a blog so it will be short.

Let’s take a look at San Diego:


So here we are, 70 degrees in January.  Ok, so that’s a few degrees warmer than we have in Denver but all the same, I see those jets and this is where my mind goes.  Vacation!

There are several really cool San Diego destinations, the Zoo, Sea World, your friend in the business likes this one:

Awesome SD

Ok,  so San Diego is HOT! in January.

WHAT ABOUT APRIL?  This is my idea of a great vacation!!!

BASEBALL   —   Padres style.  Let’s take a look:


Petco 3

.Petco Park  —  pretty cool huh?  Rockies Win!  Rockies Win!!!

Ok, so I sit here watching the jumbo jets.  They fly south west to San Diego and they fly north west. Really, north west—where.  how about Alaska?

If I were heading to Alaska, it wouldn’t be for baseball but it would be for this:


Fall in Alaska —  Awesome right?

YES I’d like to take a cruise — you with me here? — check this out!

That’s what I’m talking about!

I have spent many a beautiful Denver night sitting on the deck wondering where the lucky people in the jumbo jets are going.  These are just a few thoughts.  WHERE WOULD YOU BE GOING?

Well, back to reality, it is January in Denver and it’s cold but Pitchers and Catchers report in less than a month.  Soon we will be wondering who will be at the top of the rotation for the Rockies.  Gotta be Jorge right?

Here’s a view of my favorite place:  

Coors 2


Looking forward to Friday, April 4 Home Opener

I can’t do a The Todd Blog without at least mentioning one of my favorite Denver real estate listings, you know the kind, the ones that require a jumbo loan or a least a trip through the 2014 WISH MACHINE.

We have done homes with wine cellars, homes on golf courses, and homes with a pool, now it is time for a Google search for Homes with a tennis court.

Here it is!  17 Huntwick Land, Cherry Hills Village, Colorado.

As is often the case, this one is listed by Edie Marks of Kentwood Real Estate.

Let’s take a look:


Now for shots of the tennis court and pool:

23632399-2 (2)

Does this work for you?

23632399-5 (2)

Living in this house, with these luxury amenities and highend lifestyle is like living each day on vacation.  We don’t need to sit on the deck and watch the sky, just be Empowered and live the passion of blog. and a great jumbo life.

 Contributors to this Blog:


 The Todd Blog

 Friend in the Business

 Native American Dream

 Todd McManigal


And a few more San Diego pictures just for fun! 

 San Diego 1


San Diego








Striking Mediterranean Listing

Striking Mediterranean

Posted by Todd McManigal on January 01, 2014

I ran across this amazing luxury Mediterranean listing by Gina Lorenzen of Kentwood Company.  


This is a Christie’s home located right in Denver


If you would like to see the location and price you can:  

Click Here

I told Tony about this one — Its on the Wish List.  I may have to make another trip through the 2014 Wish Machine!



They all say that this blogging gig wouldn’t last until they saw my bank account.  

Click Here to See


For information on JUMBO loans 

Click Here Jumbo




Passionate About Real Estate

Passionate About Real Estate

Posted by Todd McManigal on January 05, 2014
Since I am passionate about real estate, I watch Realtor sites and listings regularly.
I ran across Mandy Dowell and the fact that she is originally from Australia caught my attention.  As an alumn of the University of New Mexico, I am a huge fan of the Lobos.  Why does this fact make a difference?  The Lobos have two players in the starting lineup from Australia.  Cameron Bairstow just scored 29 points in the conference opener last night against Colorado State.
So, back to Mandy!  If you would like to know more about Mandy and her property listings, go to:
Here is one listing that I like:    19059 Eagleridge Drive Golden, CO 80401
Open Setting in Golden and Nice Views!
Mandy 2
Mandy Dowell     The Realtor from “Down Under”
Mortgagemates      Jumbo Loan Specialists
Todd McManigal     Empower Real Estate Blogger

Homes for sale in Denver with a theater room!

Luuuuuke!….This is your Theater Room!


In my quest to follow really great real estate and  homes for sale in Denver I ran across some homes for sale with theater rooms.  Now some of us still enjoy going to the movies but check some of these options out!

I could see myself watching all the Star Wars movies from this screen


Luuuuuke At This Cool Theater Room!

So you say you are more into Super Heros–how about your very own Bat Cave Theater Room?
I’m not sure you will find any homes for sale in Denver with this theater room but let’s see it just for fun!
Home Theater Bat Cave
Holy Bat Cave Batman!
Movies are fun but as I sit here and write the passion of blog, what really empowers me is Baseball especially Colorado Rockies baseball.  I would use my theater room to keep up with the Rockies like this:
theater baseball
We may need to put the Rockies into the 2014 WISH MACHINE
Show me some homes for sale in Denver with theater rooms:
Ok, lets start with this one 2419 S Race Street near Denver University.  Click the address to see the virtual tour.
This one is listed by Melanie Yacko of Urban Realty Denver
Want to know

How to Build a Home Movie Theater Room on a Budget

If you are in the market to build a home movie theater room rather than purchase a home for sale with a
home movie theater Click Here!
If you are in the market to purchase a home for sale with a home movie theater and need a jumbo loan to qualify  Click Here  to contact your friend in the business.
The passion of blog!  Be Empowered!  A member of Empower Network.





Bank of America Settlement on Bonds That Soured Is Approved

A New York State Supreme Court justice on Friday approved an $8.5 billion settlement between Bank of America and a group of mortgage securities investors, but the ruling contained a caveat that could create new problems for the bank.

Justice Barbara R. Kapnick blessed the 2011 agreement to cover some of the investors’ mortgage losses, but she also said that some of the legal claims by the investors were excluded from the settlement.

Those claims cover potentially billions of dollars of mortgages that were modified to help borrowers stay in their homes.

Banking analysts estimate that Bank of America could have to pay more money to settle those claims, but the amount is unclear. They said the ruling was a reminder that the banks — try as they might — were far from putting their mortgage problems behind them.

“This just made the bank’s murky legal situation even murkier,” said Mike Mayo, a banking analyst at CLSA.

The ruling on Friday involves mortgages issued by Countrywide Financial, which Bank of America bought in 2008. Bank of America has spent years in court dealing with investors who bought bonds backed by Countrywide loans that went into default, causing huge losses.

Lawyers on all sides of the case spent much of Friday afternoon scrambling to interpret the ruling, which initially appeared to be a clear victory for Bank of America and Bank of New York Mellon, the trustee for 530 mortgage bonds bundled by Countrywide Financial.

On many of the legal issues raised about the settlement, Justice Kapnick sided with the banks over the objections of the American International Group, which was a big investor in the bonds.

Lawyers for A.I.G. contended that the settlement shortchanged investors and that Bank of New York Mellon did not act aggressively enough to try to recover more money from Bank of America. They said that the $8.5 billion settlement was a mere fraction of the total estimated losses.

Those issues attracted a lot of the attention in the case, but Justice Kapnick ultimately found that Bank of New York, in many instances, acted properly in helping reach a settlement.

“The trustee did not abuse its discretion in entering into the settlement agreement,” she wrote in the 54-page decision. “And did not act in bad faith or outside the bounds of reasonable judgment.”

She took one exception. The justice said claims by investors regarding loan modifications were excluded from the settlement because the trustee had agreed to settle the claims “without investigating their potential worth or strength.”

“On this issue only, the court finds that the trustee acted ‘unreasonably or beyond the bounds of reasonable judgment.’ ”

The issue of the modifications was raised by the bond investor Triaxx, and had been largely a footnote in the case until Friday.

Triaxx said that the trustee failed to investigate whether Bank of America was obligated to repurchase from investors the loans it modified, and how much those claims could be worth to the investors in a settlement.

According to a lawyer for Triaxx, John Moon, the terms of the mortgage-backed bonds clearly stated that at least $11 billion of the modified loans had to be repurchased. Mr. Moon said approximately another $20 billion in modified loans could also be repurchased, but the language in the bond contracts was less clear.

“The impact of these claims is significant, but it’s not immediately apparent how significant they are,” he said after the ruling.

Bank of New York contends that the contract language is not as straightforward as Triaxx makes it out to be. It also says that federal mortgage modification programs encouraged servicers to modify loans without having to worry about the risk of repurchases.

The trustee could have a difficult time pursuing claims that run contrary to a government policy intended to keep homeowners in their houses.

A statement from Bank of New York said the ruling “vindicated the trustee’s actions by overwhelmingly approving the settlement.”

A Bank of America spokesman said in a statement, “Any outstanding issues raised in the opinion can be addressed without undue delay.”

The ruling could serve as a precedent for other mortgage securities cases still winding their way through the courts five years after the financial crisis.

The 22 bond investors that agreed to the settlement included the money managers BlackRock and Pimco and Metropolitan Life Insurance Company.

Bank of America shares closed down 1.06 percent at $16.75 on Friday, while Bank of New York was down 1.39 percent to $31.96, on pace with other financial companies.

A.I.G. lawyers are planning to carry on their legal battle. “This case is very far from over,” the company said in a statement, adding that the ruling sets a “dangerous precedent that could eliminate important protections for investors.”

The next steps for Bank of America are unclear. Analysts said the bank might have to negotiate a settlement on the modification claims. But first, Bank of New York will have to investigate the merit of the claims — something the judge said it failed to do adequately the first time around.

“If it was up to me,” said Mr. Mayo, the banking analyst, “I would throw a couple extra billion dollars in the pot and call it a day.”

A version of this article appears in print on 02/01/2014, on page B1 of the NewYork edition with the headline: Bank Pact on Bonds That Soured Is Approved.  By MICHAEL CORKERY



7 Reasons to Own Your Home

7 Reasons to Own Your Home

7 Reasons to Own Your Home
Good information from Realtor Magazine

1. Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, as well as some of the costs involved in buying your home.

2. Appreciation. Real estate has long-term, stable growth in value. While year-to-year fluctuations are normal, median existing-home sale prices have increased on average 6.5 percent each year from 1972 through 2005, and increased 88.5 percent over the last 10 years, according to the NATIONAL ASSOCIATION OF REALTORS®.

In addition, the number of U.S. households is expected to rise 15 percent over the next decade, creating continued high demand for housing.

3. Equity. Money paid for rent is money that you’ll never see again, but mortgage payments let you build equity ownership interest in your home.

4. Savings. Building equity in your home is a ready-made savings plan. And when you sell, you can generally take up to $250,000 ($500,000 for a married couple) as gain without owing any federal income tax.

5. Predictability. Unlike rent, your fixed-mortgage payments don’t rise over the years so your housing costs may actually decline as you own the home longer. However, keep in mind that property taxes and insurance costs will increase.

6. Freedom. The home is yours. You can decorate any way you want and benefit from your investment for as long as you own the home.

7. Stability. Remaining in one neighborhood for several years gives you a chance to participate in community activities, lets you and your family establish lasting friendships, and offers your children the benefit of educational continuity.

Online resources:

To see how much you qualify for:  CLICK HERE
Jumbo loans also available.
The Passion of Blog!  Be Empowered!


5 Reasons to Hire a Real Estate Professional

Originally posted by  The KCM Blog
Posted: 03 Feb 2014 04:00 AM PST
2.3 Blog VisualWe are often asked if it makes sense to hire a real estate professional when buying or selling a home. We always emphatically answer – YES!
Here are five reasons why:


An agent will help with all disclosures and paperwork necessary in today’s heavily regulated environment. This helps remove much of the liability a buyer or seller could face.


Navigating today’s real estate and mortgage processes can be like walking through a minefield of challenges. Real estate professionals are well educated in and experienced with the entire sales process.


Negotiating such a large financial transaction can get tricky. Agents act as a ‘buffer’ in negotiations with all parties throughout the entire transaction.


Real estate professionals help buyers and sellers understand the true real estate value of a property in today’s market. This is crucial when setting the price on a listing or on an offer to purchase.


There is a plethora of housing information available today. The challenge is that some information appears to be in direct conflict with other pieces of information. A true real estate professional can simply and effectively explain today’s real estate headlines and decipher what they mean to you.
Choose a Lender that can get you pre-approved quickly and painlessly.  Whether you are choosing an FHA loan, a VA loan, a Jumbo loan or a specialty SEC 184 Native American Loan, we have the experience to keep the process simple.

What Issues do Realtors Face? — “I need more customers!”

What are some of the common problems that real estate agents face in growing their business?

As a Realtor for almost 20 years, I can attest to having several real estate problems or issues that many others also seem to have.  For instance,
#1  Inconsistent referrals or lack of customers.
Past clients working hand in hand with you on new referrals
Sometimes we get so busy working with current clients that we don’t spend enough time developing relationships that will produce future referrals and new customers.
Real estate in large part is driven by referrals.  The agents in the office with the largest production seem to have the biggest circles of influence.  While that may be part of it, reality is that those who spend time developing relationships produce more referrals.
From experience, I know that most Realtors are VERY good at their job.  They know how to stage a home, they know how to market their listings and they know how to write acceptable contracts, but they don’t always focus on pursuing new clients.
If you, or some agents in your office, are having difficulty receiving consistent referrals, what difficulties does this present?  Please reply and let us know.
For me, inconsistent referrals and lack of new customers means unstable/inconsistent income.  
Please comment with some issues that you have dealt with in growing your real estate business–if we can get a discussion going on this maybe we can all benefit from it.
Please comment on what you have done to overcome the lack of consistent referrals andwhat this has meant to your business
# 2  High Advertising Costs
Marketing Strategy BIG
What can we do to combat the cost of advertising?
As real estate agents, we like to get the word out for all listings.  Where do you spend money for advertising?   Signs, farming postcards, “Just Listed” or “Just Sold” postcards, real estate magazines, newspapers, websites, E Flyer Marketing, TV, other?
Please comment on “what difficulty does the high cost of advertising present?”
For me, it makes it more difficult to get the word about listings or services out as efficiently,
Please comment on “How does the high cost of advertising affect your business?”
For instance, for me I must spend more on advertising, shrinking the profit margins, and causing me to work harder for less income
Please comment on “What are some ways to solve the high cost of advertising?”
Blogging,  social marketing, low cost ads
Please comment on  “What would solving the high cost of advertising mean to you?”
# 3  Poor Client Loyalty 

Niche Marketing and Sphere of Influence Marketing help maintain loyalty.

How have you used these marketing techniques to assure client loyalty? 

Realtors have changed over the years.  Many years ago they would find a potential buyer at an open house or from a call from advertising, such as newspaper or real estate magazine, set an appointment to show a couple of homes in the customers desired price–and then get them pre-approved with a quality lender.
The problem with that strategy was that the buyers would often display poor or no loyalty to the Realtor.
Loyalty issues also arise when agents don’t farm a geographical location or regularly market to their databases.
Please comment on techniques that you have used to maintain client loyalty.
Please comment on what solving client loyalty issues would mean to your business
For most of it simply helps to have a friend in the business.

Homes for sale with in home bars — drown the Super Bowl sorrows

Homes for sale with in home bars — drown the Super Bowl sorrows

Well, on the night that crushed much of the Orange Crush nation, especially here in Denver, maybe it would help to have a great home bar.

If you don’t already have one, Google: Homes for sale in Denver with an in home bar.

It was hard to image that this game could start off so so badly.  Manny Ramirez doesn’t shoulder the blame for the whole game, but that errant snap into the end zone was the snow ball that started the avalanche of demolished dreams.

The defense tried to keep it close by only allowing two field goals on Seattle’s first two drives but then came the turnovers.

Interception, Interception for a touchdown, fumble, kickoff return for a touchdown, fumble —  OUCH OUCH OUCH!  Too much pain to handle.

About this time many TV’s where being shut off and many where making another trip HERE:

Basement Bar

basement bar 3

basement bar 2

Every Super Bowl Party in the future will be in this basement.
So now what houses that are actually for sale in Denver with something similar?  I am sure there are many and if you know of some, please comment on this page.
Here is one, don’t look at the price just image watching your favorite team in the NCAA Tournament in this home located at 4603 South Denice Drive, Cherry Hills Village, Colorado for a mere $9,500,000.
Talking about needing a Jumbo loan —  might need several Jumbo loans for this one.


This one can be seen on the Perry & Co.  website

Google:  Houses for sale with in home bars.
Well, that’s it for your Friend in the Business real estate blog for this weekend, we have reviewed homes for sale with wine cellars, homes for sale with swimming pools, homes for sale with tennis courts, and now homes for sale with home theater and walkout basements, and this one, homes for sale with an in home bar.
Coming soon–Homes for sale with grand entries.  Should be fun!  The Passion of Blog!  Be Empowered!
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