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 [...]
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 [...]
How isthe Denver area rental market doing? Great!The vacancy rate isthe lowest it has ever been since they began tracking it in 2004. For those that follow this blog, youmay realize this is the third time I have written about this in the past year. I hate to sound like a broken record, but people need to realize just how significant this [...]
File this under the "There Ought To Be a Law" category. A client of mine closed on the sale of his property on Thursday. He took his proceeds in the form of acashier's checkfrom the title company to his bank on Friday. (I won't say which bank it was, but it rhymes with "base".) The bank told him that he would not have access to these funds
[...]What type of deductions can I get now that I own a Denver home?Since tax season is upon us, this question will come up more and more often in our office. And while we aren't tax professionals, can't give tax advice and will always recommend you speak with a CPA about tax matters, there are some pretty common tax deductions available when you [...]
I want to buy a home in Denver. Is getting an Adjustable Rate Mortgage (ARM)a good idea? ARMs certainly have a bad reputation right now, and in many ways, deservedly so. ARMs accounted for 70% of all mortgages issued during the boom and have been blamed by many for the bust. But now it appears that ARM's are making a comeback and Freddie Mac [...]
I have heard of home warranties, is it a good idea for my Denver home? I am surprised by how few home warranties that I actually see purchased in the Denver Real Estate market. For how affordable these plans are, and all that they cover, it seems like a no brainer to have a home warranty. But I don't have a home warranty on any of my [...]
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