Porter RE Trends: Pop Tops, Scrape and Builds - 12/28/08 07:59 PM
Investing in Real Estate 9 - Scrapes, Pops and New Construction
This blog will discuss a type of real estate investment, scrapes, pops and new construction, in the Porter area in Denver.
What this investment is: Purchasing a small home in an expensive neighborhood that may or may not need … (0 comments)
|
Porter RE Trends: Condo Conversion - 12/28/08 07:58 PM
Investing in Real Estate 8 - Condo Conversions
This blog will discuss a type of real estate investment, fix and flips, in the Porter area in Denver.
What this investment is: A synthesis of the fix and flip and rental operations - purchasing an apartment building in a neighborhood dominated … (0 comments)
|
Porter RE Trends: Fix and Flip Investing - 12/28/08 07:57 PM
Investing in Real Estate 7 - Fix and Flips
This blog will discuss a type of real estate investment, fix and flips, in the Porter area in Denver.
What this investment is: Purchasing a home that needs work. The scope can range from the basic "paint and carpet" to extensive … (0 comments)
|
Porter RE Trends: Lease Options - 12/28/08 07:56 PM
Investing in Real Estate 6 - Lease Options
This blog will discuss a type of real estate investment, lease options, in the Porter area in Denver.
What this investment is: A lease option (L/O) is Acquiring control of a property (though not necessarily ownership), then leasing the property to a … (0 comments)
|
Porter RE Trends: Large Apartment Buildings - 12/28/08 07:56 PM
Investing in Real Estate 5 - Large (5+ unit) Apartment Building
This blog will discuss a type of real estate investment, large apartment buildings, in the Porter area in Denver.
What this investment is: Still targeting tenants for 6-12 months at a time, buildings with more than five units are … (0 comments)
|
Porter RE Trends: Apartment Investing - 12/28/08 07:54 PM
Investing in Real Estate 4 - Small (2-4 units) Apartment Building
This blog will discuss a type of real estate investment, small apartment buildings, in the Porter area in Denver.
What this investment is: Purchase of duplex, triplex or quadplex to be rented to tenants, usually for 6-12 month terms. … (0 comments)
|
Porter RE Trends: Rentals - 12/28/08 07:54 PM
Investing in Real Estate 3 - Rental Condo or Rental Home
This blog will discuss a type of real estate investment, rental condos or rental homes, in the Porter area in Denver.
What this investment is: Purchase of a residential property to be rented out to tenants, usually on a … (0 comments)
|
Porter RE Trends: Assignments - 12/28/08 07:53 PM
Investing in Real Estate 2 - Assignments
This blog will discuss a type of real estate investment, assignments, in the Porter area in Denver.
What this investment is: An investor who is interested in Assignments gets a property under contract for an attractive price then assigns the contract to another … (0 comments)
|
Porter RE Trends: Q1 2008; Lesson Learned - 12/28/08 07:52 PM
The average home price in Metro Denver increased +2% in the full year 2005 to the full year 2006, from $309,000 to $317,000. Comparing 2006 to 2007, the average home price across the metro dropped 2%, to $311,000. The first quarter of 2008 was $278,000 vs. the first quarter of 2007 … (0 comments)
|
Porter RE Trends: Market Improving.... - 12/28/08 07:51 PM
Take a look at the first page, for AUN (Aurora North). Note these positive market trends this year:- number of active listings steadily declining- average list price pretty stable (finally!)- U/C up dramatically- Number of sales / month up (partially seasonality)- DOM dropping- Stability in average sold prices and sold price … (0 comments)
|
Buy and Hold Investing - 12/09/08 11:30 AM
Loan Considerations for Buy and Hold InvestorsAs far as investment loans, little or no money down loans are impossible. However, lenders do permit the use of Home Equity Lines of Credit or second mortgages from other properties owned by the borrower as a source of down payment. Or, self-employed borrowers are … (0 comments)
|
Fix and Flip Investing - 12/09/08 11:28 AM
Loan Considerations for Fix & Flip / Short-Term InvestorsSecuring conventional financing on a fix & flip or short-term loan is not recommended. Most conventional lenders sell off their mortgages to investors on the secondary market. If the loan is paid off early (before six payments are made), the investor has not … (0 comments)
|
Loan Considerations - 12/09/08 11:27 AM
Loan Considerations for Loan Amounts Between $200K - $417KWith all the doom and gloom publications that are mostly exaggerated, many potential borrowers believe that home mortgage lending options have dried up. While underwriters and investors are scrutinizing files more closely, attractive rates and terms still exist for owner occupied purchasers seeking … (0 comments)
|
Medium Loans - 12/09/08 11:23 AM
Loan Considerations for Loan Amounts Between $200K - $417KWith all the doom and gloom publications that are mostly exaggerated, many potential borrowers believe that home mortgage lending options have dried up. While underwriters and investors are scrutinizing files more closely, attractive rates and terms still exist for owner occupied purchasers seeking … (0 comments)
|
Medium Loans - 12/09/08 11:23 AM
Loan Considerations for Loan Amounts Between $200K - $417KWith all the doom and gloom publications that are mostly exaggerated, many potential borrowers believe that home mortgage lending options have dried up. While underwriters and investors are scrutinizing files more closely, attractive rates and terms still exist for owner occupied purchasers seeking … (0 comments)
|
FHA Loans - 12/09/08 11:20 AM
FHA First-Time Buyer Tax CreditIn an effort to boost the sagging real estate market and overall economy, first-time home buyers are being offered a limited time tax credit when purchasing a primary residence. The highlights of the tax credit are:• The tax credit is available for first-time home buyers only. • … (0 comments)
|
Loan Considerations For The First TIme Buyer - 12/09/08 11:19 AM
Loan considerations for a first time buyerLending guidelines are changing on a daily basis for every type of loan: conventional, FHA, VA & commercial. Nevertheless, there are still very attractive first-time home buyer options available. If you are or will be a first-time buyer, it is critical to speak with a … (0 comments)
|
Improve Your Interest Rate - 12/09/08 11:16 AM
How can you improve your FICO score?To improve one’s credit score, it’s critical to understand the factors influencing a credit score. The factors that contribute to a FICO score and the weighted percentages for each are as follows:• 35% — timeliness of payments • 30% — the ratio of used debt … (0 comments)
|
Interest Rates - 12/09/08 11:14 AM
How does your FICO score impact your interest rate on your loan?Low credit scores are deemed greater risk for lenders since the likelihood for defaulting on the loan increases. As such, lower FICO scores translate into higher interest rates. Mortgage lenders will group credit scores in a range, usually in 20 … (0 comments)
|
FICO Scores - 12/09/08 11:14 AM
What is a FICO score?FICO stands for Fair Isaac Corporation, a company that created the most used credit scoring model in the United States. An individual’s credit score is calculated through a statistical algorithm and is used as a factor in determining the likelihood of a borrower defaulting on a loan. … (0 comments)
|
Real Estate Trends Update - 12/09/08 11:12 AM
There are some signs of strengthening in our Denver market. The metro area's inventory of available resale housing decreased 20% to 23,120 units in October from October 2007. Some of this reduced inventory is attributed to homeowners taking their properties off the market in frustration because their property is not selling, … (0 comments)
|
;)
;)
