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Home Mortgage and Finance

What type of rehab loans are there to fix up a Denver home?

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This house is perfect, but I can't afford to buy it and fix it up. Are there anyhome loansthat will lend me the money upfront to dothe work? Selling mostly in central Denver, I show a lot of terrific homes that have amazing potential, but I know I certainly wouldn't want to live in them as is. Itherefore get this question a lot andhavehad a [...]

Denver Rents could rise by 10% per year. Do you really want to keep paying rent?

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With a severe shortage of rentals available in Denver, and few rental buildings being built, Denver could expect to see rental rates rise 10% or more in the next few years. This means that if you are in a lease, and plan to stay there for awhile, then you should try to renew your lease before prices go up. Or, maybe it is time to think about [...]

More great news for the Denver Real Estate market.

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As we head into spring, wetypically see a bump in sales and activity in the Denver Real Estate Market. This year, this is even more true than in years past. As Realtors, we can keep a close track of the market by how often our phones ring, how many emails we get a day and how many showings our listings are getting. We try to relate that to [...]

What do high oil prices and global unrest mean to Denver Real Estate and mortgage rates?

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With everything going on overseas and gas getting so expensive, what is going tohappen tomortgage rates and Real Estate in Denver? It is a very fair question and one I was asked yet again today from a buyer I am working with. The simple answer is that it is keeping mortgage rates low for the time being, most rates are under 5% right now, but [...]

The Energy Efficient Mortgage. Have you heard of it Denver?

Wouldn't it be nice to be able to add "green" features to your home as soon as you buy it and be able to finance the expense so it doesn't come out of pocket? Well guess what, you can! Let me introduce to you the FHA Energy Efficient Mortgage Program.FHA's Energy Efficient Mortgage Program (EEM) helps home buyers orhomeowners save money on [...]

The cost of getting a mortgage is going up again. Now is the time to buy or refinance.

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Not only have interest rates been steadily rising of late, but now the cost of actually getting a mortgage is going up as well. If you are on the fence about buying or refinancing, the magic date is now April 1st to have something under contract to avoid much higher fees. This increase in cost will most impact the thriving FHA market [...]

What is the HUD Good Neighbor Next Door program? Is it available in Denver?

What is the HUD Good Neighbor Next Door program and is it available in Denver? The Good Neighbor next door program is a terrific program through HUD, the U.S. Department of Housing and Urban Development, and luckily it is available in Denver and all of Colorado. The Good Neighbor program offers [...]

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