Tagged : home buyers

There are currently 7 blog entries matching this tag.

5 Low-Cost Kitchen Upgrades that Appeal to Buyers

Friday, January 27th, 2012 at 10:01am. 196 Views, 0 Comments.

Throughout history the kitchen has always been considered the heart of the home and is a key feature to selling a home. Most home buyers prefer modern, updated kitchens because they will be using it daily and often it is the place where guests and family congregate.

When selling your home take time to visit other homes for sale in your neighborhood to see how the kitchens in those homes compare to yours. If the other homes have modern designs and new appliances, potential buyers visiting your home will expect the same or better.

Updating a kitchen does not always have to be extensive or expensive. Sometimes lower-cost kitchen upgrades can do the trick.

  • Use a neutral color to repaint.
  • Clean, clean and clean some more.
  • Change light…

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Running the Numbers – Is Now the Time to Buy Your Metro Denver Home?

Tuesday, September 14th, 2010 at 9:33am. 740 Views, 0 Comments.

Sometimes seeing the breakdown of different home purchase options can make the decision easier to follow. It really is all about math and the numbers are right there in black and white if we take but a moment to look.

Have you been thinking of taking advantage of the great pricing and low interest rates, but for some reason are holding off? Maybe this will help bring some clarity to the situation.

  • You may currently be in a $250,000 mortgage with a 6% interest rate which has a principal and interest payment of appx $1500.
  • That same $1500 payment at today’s rates of 4.5% will cover a payment on a $300,000 30 year mortgage.

This means $50,000 more in purchasing power without any principal and interest payment increase.  

  • Let’s say your mortgage is…

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Save Now with the Homebuyers Tax Credit

Friday, February 26th, 2010 at 9:59am. 632 Views, 0 Comments.

Purchasing a home is a big step and fortunately there are trained Denver real estate professionals like your Denver Realtor to help you through the process.

Owning a metro Denver home provides many benefits to the Denver home owner. In addition to those benefits the home buyer’s tax credit and more affordable prices make now an especially opportune time to purchase your next metro Denver home.

Clients often ask what the Homebuyers tax credit offers to them. To provide you with the answers to those questions I have included a pamphlet I utilize which will fully explain the tax credit and how to take advantage of it to get an even better deal when purchasing your next home.

The pamphlet – The Homebuyers Tax Credit – Buy a Home and get a Tax Break – can be…

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The State of the Denver Real Estate Market – October 2009

Monday, November 9th, 2009 at 12:06am. 609 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…

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First Time Home Buyers: Seven Tips to Consider

Tuesday, September 15th, 2009 at 9:35am. 1708 Views, 0 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.

  1. Old school basics are back with the safest way to finance a Denver home purchase today being your traditional fixed rate mortgage with 20% down for those using conventional financing.  Qualified Denver home buyers can also still get good rates through FHA programs with only 3.5% down.
  2. Be reasonable about the amount you borrow and do not overestimate the growth of your income.  It is true that those in their 20’s and 30’s likely will see quicker growth of their…

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Shift in Housing: Small is the New Big

Monday, September 14th, 2009 at 9:24am. 718 Views, 0 Comments.

New statistics are showing that home buyers are beginning to shift their priorities when searching for their next home.  The interest is shifting away from larger homes to smaller homes which are more efficient with space and economical with utilities.

More and more first time home buyers are realizing that they don’t need the five bedroom “mansions” and smaller homes will suffice when starting out even if they decide to start a family.  They feel they don’t need five bedrooms when just starting out as the new trend shifts to smaller is bigger.

According to the US Census Bureau the size of single family homes has consistently grown every year since 1991.  That is until 2008 when it declined to 2,215 square feet from 2,277 square feet in 2007.  Homes in…

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Home Sales Being Pushed by the Federal Housing Credit

Thursday, September 10th, 2009 at 9:47am. 1160 Views, 0 Comments.

The signs in the marketplace indicate that real estate is on the upswing in Denver.  Sales were up in August with 5200 Denver homes under contract, 3900 of which closed.

Along with this there was another positive indicator for the market as prices were up meaning that we may be moving away from the sluggish market, but the possibility still remains for some touch and go through the end of the year.

Confidence is up in the market with first time home buyers causing a surge in demand to take advantage of the federal housing credit that allows up to an $8000 tax credit to qualified home buyers.

Those in the industry still wonder where the market will go towards the end of the year as there is typically a slowdown in the last couple months of a year in…

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