Denver Real Estate Blog 
FHA implements new rules to help foreclosures sell faster
Tuesday, January 19th, 2010 at 12:19pm. 195 Views, 1 Comments.
FHA has made recent changes to their rules to help stabilize the home values and improve community distress in places where foreclosure activity is high. A temporary change of policy has been announced which will allow increased and quicker access to FHA mortgage insurance when purchasing some foreclosed properties.
Through this announcement and the $2 billion stabilization grants announced for non-profit developers and local communities announced to stem the negative effects of abandoned and vacant homes in some communities, the current administration has shown a commitment to addressing these issues.
These changes further open up the credit market to potential home buyers who often run into roadblocks obtaining conventional financing, most home buyers in…
Dumping Your Debt
Tuesday, November 10th, 2009 at 2:34pm. 378 Views, 2 Comments.
Thank you so much for visiting my blog. This post is dedicated to methods used in repairing credit and improving your debt position and has a free report containing all the information at the end.
There is plenty of other information and posts to check out while here so when you are done with this one please take a look around.
Debt and poor credit scores can weigh heavily on even the most fiscally responsible people. According to Jean Sherman Chatzky, author of Pay it Down!, a book on reducing debt, the average American family has 16 credit cards and carries a debt load of more than $8,000. No matter what your profession, there is a chance that you are in a similar situation.
That’s why the theme of this client appreciation program is on the topics of…
The State of the Denver Real Estate Market – October 2009
Monday, November 9th, 2009 at 1:06am. 121 Views, 0 Comments.
Maybe you have not realized it just yet, but changes are upon us in the local metro Denver real estate market. October, 2009 has set some records in home sales, which on a broader scale indicates a shift in the market to one of recovery and strength.
During October there were 4,910 home that were placed under contract while the previous record for an October was in 2005 with 4,839 homes. The majority of these sales have been under the $400,000 mark and driven by first time home-buyers.
What caused the crazy market? Well pent up demand from the previous year to start and the $8,000 tax credit to first time home-buyers also helped to push it along. The fact that the tax credit program has been extended and expanded to also include some existing…
The Investment Power of Real Estate
Wednesday, November 4th, 2009 at 11:13am. 337 Views, 0 Comments.
Wealth accumulation does not have to be about reinventing the wheel. All one really has to do is let history guide you to follow the methods which have worked for decades.
History dictates that since the Great Depression real estate has always appreciated in value over any given ten year period. This is important for both Realtors and their clients interested in purchasing a home to realize as we are in the latter stages of a market downturn heading into an upturn.
The real estate market WILL AND IS SHIFTING UP!
This graph demonstrates the power of leveraged real estate investments vs. stock market investing over time.
Nationally the average appreciation in real estate over any given 10 year period is 5%. That means that real estate valued at $200,000…
Learn How Your IRA Can Own Real Estate, Vacation Property and Land
Tuesday, October 27th, 2009 at 3:32pm. 713 Views, 1 Comments.
With the roller coaster rides that an investor typically endures while investing in typical stock market based securities many IRA owners are looking for alternative investment options. Alternative investment options that the major investment firms don’t promote and don’t want you to know about.
Yes there are alternative investment opportunities for an IRA than the typical mutual funds that your typical major investment firm recommends.
Self Directed Individual Retirement Accounts ( IRA ) allow you to invest in and hold a diverse range of assets. These investment opportunities include Real Estate, Land, Commercial Property, Condominiums, Rental Properties, Mobile Homes, Foreign Real Estate and MUCH MORE. Oh yeah, yes you can even leverage your…
Measures to Ensure a Safe Home for You and Your Family
Wednesday, October 7th, 2009 at 4:02pm. 400 Views, 0 Comments.
It may be a matter of conjecture whether the world is gradually becoming more dangerous or not but what cannot be doubted is the fact that the safety of one’s family should be the prime concern for everyone. You may have been a victim of burglary and so may be wary and skeptical or you may be very worried for your kids who are alone at home for the most part of the day. Whatever be the case, you can do many things to bolster the security of your house. Though nothing can be termed as one hundred percent safe or completely fool proof, bringing about few changes can act as major deterrence’s to potential miscreants and offer you the much needed sense of relief.
Hedges and shrubs should be trimmed in order to keep the walkways, doors and windows clear and do…
10 Deadly Mistakes
Wednesday, October 7th, 2009 at 3:15pm. 602 Views, 2 Comments.
10 deadly mistakes Denver home buyers make when purchasing a home.
Looking for a home prior to getting prequalified
Prequalification makes your life and home buying process much easier so make sure to take the time needed to speak with a quality lender (contact me and I can refer you). By getting answers to questions on income, debt, etc., the lender can help you determine the price range that you can afford.
Not getting a home inspection
We understand that saving money is important, but skipping a home inspection to save a little money today could end up costing you a lot of money tomorrow. Qualified home inspectors can inspect a home for issues that many home buyers could easily overlook. We are happy to refer quality home inspectors.
Limiting your home…
Beating the Deadline for the Tax Credit
Friday, September 25th, 2009 at 5:04pm. 241 Views, 0 Comments.
Here we are on September 25, 2009 in Denver, Colorado and you may be thinking that you are out of luck in taking advantage of the $8000 federal home buyer tax credit that expires on November 30, 2009.
Well it is not too late to get that Denver home you have always dreamed of and still take advantage of the government incentive. The key is to target homes that can close quickly which is where we can help.
Wondering what some of the key elements are?
Well prescreening the property is an absolute must to find out about deal killing problems before you get deep into the deal.
- Are there going to be extensive repairs needed?
- Are the appliances or systems aged?
- How is the neighborhood?
- Are there health hazards such as mold?
Additional information to know when…
When Price is not the Primary Factor for Buying the Right Home
Thursday, September 17th, 2009 at 12:17am. 346 Views, 3 Comments.
Make no mistake that price is a critical factor in any home purchase that takes place in metro Denver. Something we see happening however is the obsession with price which some Denver home buyers are developing to the extent that it works in detriment to their own best interests. Price is one factor, but not the only factor to consider when purchasing a home.
A Buyers and Sellers View of Value. Some of the places sellers derive value from the price they feel needs to be achieved for their perceived value while taking into account many upgrades, memories of family moments, and features which separate their home from the rest in the community. Buyers will look to the value they place on their future enjoyment of the property. They dream of what could…
First Time Home Buyers: Seven Tips to Consider
Tuesday, September 15th, 2009 at 10:35am. 507 Views, 3 Comments.
There have been many changes in the housing market since the financial crisis during 2008 and the foreclosure issues have also had an effect.
Top financial planners and economists are now offering up the following bits of wisdom for anyone that is thinking of purchasing a Denver home today.