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Home Mortgage and Finance

Remember Those Home Buyer Tax Credits?

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I was leafing through some old newsletters the other day, and came across a couple of articles I had written awhile back. They encouraged buyers to take advantage of the great tax credits that were available to first-time home buyers in 2008, and a year or so later for move up or repeat home buyers. Seems like ancient history now. It's [...]

How long after foreclosure, short sale or bankruptcy do you have to wait to be able to buy a home again?

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How long do you have to wait after a foreclosure, short sale or bankruptcy to be able to buy a home again? It is a question I hope to never get, but unfortunately, in this day and age, it does get asked. To find out how long the process takes, I turned to an expert and consulted Tracey McVicker with SWBC Mortgage. Tracey outlined the time [...]

Drop the Price on Your Denver Home?

It can be a frustrating decision...when is the right time to drop the price on your Denver area home?

Some people like to go purely by the numbers... I have heard Real Estate agents say that if the home has been on the market for 1 month, then it is time to drop the price. I have heard others say their rule is 20 showings with no offers, then [...]

Hurry! Mortgage interest rates to increase by up to 1% at the end of June.

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How long are these great interest rates going to stay so low? Unfortunately, not very much longer. The average mortgage rate in Denver right now is 4.75%, which is terrific. But according to Wells Fargo Securities chief economist John Silvia, interests rates will start climbing higher at the end of the June whenthe Federal Reserve will end [...]

How can I avoid a foreclosure on my Denver home?

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Help, how can I avoid going into foreclosure on my Denver home? It is an unfortunate call that we get a lot at our office. Homeowners who can no longer afford their monthly house payments and foreclosure seems like the inevitable. Luckily, over the past few years, there have been a number of options introduced by the government to not only [...]

Looking for a great deal on a Denver Foreclosure? Then a Fannie Mae foreclosure is the way to go.

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Are you looking for a great deal on a Denver foreclosure? We get calls all the time from people wanting a steal on a Denver Foreclosure only to find that they can't get financing on it because it is in such bad shape or they have no chance at it because there are already 15 investor offers on it driving the price up. Now, buyers for Denver [...]

Denver Starter Home Reality Check

If you have been reading this blog for very long, you already know that I am a huge believer in the starter home.

I think that people should have to work their way up the property ladder, that this is a very honest and reliable way to build equity and future security. I want each of my kids to buy a house as soon as they are able...and I want [...]

Fannie Mae Makes Buying A Denver REO Property Much Easier

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Buyers looking to purchase homes at a low price may want to consider a Fannie Mae REO Property. REO properties are the homes that Fannie Mae has repossessed, foreclosed directly, or that have been repossessed by a bank that Fannie Mae currently owns. Fannie Mae has recently revamped their HomePath Program in order to help sell their REO [...]
185-192 of 235 Posts

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