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group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
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Each month AR runs numerous contests as a way for our members to engage in activities
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Ask a Real Estate Question
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Your Homepage will alert you of new questions in your state
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These state pages or hyper-local pages provide content directly related to a specific geographical location.
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I Know About the First-Time Homebuyer Tax Credit, But What About the Credit for Long-Time Homeowners? - 01/31/10 08:59 AM
I have forwarded/emailed this blog a couple times now. There are obviously some consumers out there with questions about this "tax credit thingy" that are not getting answered. Thanks to Ann for drawing it out for us. Via Ann O'Connell (Real estate agent at Mock Realty): No doubt by now you’ve heard about the tax credit available to first-time homebuyers. Although much confusion still abounds about this credit, buyers are starting to get it, and are realizing that they need to act soon to benefit from it. However, if you’ve lived in your present home for some time and are looking for a (0 comments)
4 Top reasons to buy Denver Colorado real estate before April - 01/20/10 12:57 PM
4 Top reasons to buy Denver Colorado real estate before April. For those still contemplating taking the plunge and whether it's the right time to buy: Some top reasons for the metro Denver consumer to buy right now. 1. 99 days left in the extended tax credit time frame. There are no expectations this program will be extended again. 2. Fed estimates rates will rise to 6%, a three quarter raise, April 1st. The first time the strained mortgage market will run unsupported without the Fed debt purchase program. 3. The Federal Housing Administration (FHA) is raising fees and tightening lending standards (2 comments)
On the Fence? Jump already! - 01/17/10 12:07 PM
For those first time home buyers who are waiting and still want to qualify for the credit need to get going. In the Denver area, most entry level homes are mainly REO's and short-sales. This will cramp the time frame left to qualify for the credit. A typical real estate transaction takes 30-45 days once under contract. That doesn't include qualification process, listing search's, actual viewing, and bidding. This can take a month before your under contract. Finding a deal in the entry level can be time consuming and finding homes not "distressed" can be difficult. Investors are ready to pounce and the competition is steep. Be (4 comments)
1,000 Ways To Pick The Right Realtor - 01/14/10 09:29 PM
9 consumer tips to help in selecting your Realtor. Fantastic advice I have to share! Lucky I drive a truck... and it's paid for.
Via Greg Nino Houston Texas (RE/MAX West Houston Professionals): This will be the first of many public blogs to come. The story will be 1,000 ways to pick the right Realtor. This is pretty simple. Number 1,000 comes with an added bonus, but you'll have to stick around to find out what it is. Here we go.
1. If a Realtor starts out by showing you a picture of themself in any magazine, walk away. Most Realtors will (1 comments)
Metro Denver real estate market has some sweet deals and steals... right?! - 01/08/10 12:14 PM
Metro Denver real estate market has some sweet deals and steals... right?! Many of my new leads/clients have come forth with the expectation that there are tons of hot steals out there. I assume outside of the Denver market the status is similar nationwide. There is a big difference between the public expectation and the reality. Truth: Denver market is full of foreclosures, shortsales, auctions, REO's and HUD's (deals) with no end in sight. There are deals out there if you (buyer/investor) are patient and prepared with this: 1) Shortsales and bank-owned will take a minimum of three months to close, typically. 2) If the home (3 comments)
Hindsight is 20/20 -1% State of the market... Are we part of the problem or the solution? - 01/04/10 12:04 PM
I thought our offer was solid; full price with the typical 3% seller concession. Inspection went without any major hitches and we asked for some cosmetic fixes. Turns out the seller is jobless and without and extra expense to fix drywall much less buy groceries. Seller needs to SELL! Appraisal comes in short due to two neighbors dumping their homes a month earlier. With no wiggle room on the sellers side our deal is dead. The sellers options are to apply for the short-sale package and extend the deal for another three months, perhaps six to close. (My buyers are capable of that time frame but would miss (4 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.