Join us for the œRace To Your Next Place" on Saturday, May 19th, 2012. Registered racers in teams of two will participate in a city-wide scavenger hunt to win a $10,000 cash prize towards the down payment of a new home!Our grand prize has [...]
Why is now a good time to buy a Denver home you might ask?Typically in February in Denver, the Real Estate market is rather slow and nota lot going on. People are waiting for spring to roll around when the œsellingseason starts and then will decided to do something. But this past February wasby no means your standard February in Denver and [...]
Can you believe it has already been three years since so many buyerswere out trying to find a home to take advantage of the First TimeBuyer Tax Credit? I couldn't either until I started getting calls from pastbuyers trying to remember the exact rule on how long they have to own theirhome before they can sell and not have to repay a portion [...]
My buddy Darlene Drennon with Guild Mortgage sent me this chart the other day. When you see these statistics in a graph form, it's pretty remarkable to see how today's interest rates are the lowest they've been in the last 30 years! For all of the 1980's rates were above 10%. Yikes. [...]
What is Mortgage Insurance? Mortgage insurance, or commonlyreferred to as MI, is a lender's protection against foreclosure by a buyer. Ittypically comes into play when a buyer puts less than 20% down on a home and itis important to factor in when purchasing a home since it can have significantimpact on monthly payments. Below are three types [...]
Itwas announced this week that a major settlement was agreed upon with thenation's five largest loan servicers including Wells Fargo, Bank of America,Citi, JP Morgan Chase and Ally/GMAC. The settlement will provide as much as $25billion to help distressed homeowners and participating states and [...]
I have been waiting for this day to come for awhile and itis finally here. I can confidently say that it is time to start thinking aboutDenver Real Estate in a different way. Gone are the days of getting a steal andbuying a home for 20% under asking price. Now it is time to shift our focus tosimply getting into the market and hoping to take [...]
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