Ar_home_b_search
 



home size: Keeping Up With The Jones’. By Dan Polimino. - 06/28/10 07:09 AM
Last month, I received an email from a reader of this column telling me that the problem of “keeping up with Jones” was one of the main reasons we got into real estate trouble in this country. What he is saying, if you are not familiar with the term “keeping up with Jones,” was that some people over bought or bought too expensive of a home for their income level just to keep up with family, friends, neighbors, or colleagues who had similar size homes. Still, others may have been ok with that level of mortgage payment had the economy not … (1 comments)

home size: Are You Using Buyer’s Eyes? Part Two. By Dan Polimino. - 03/01/10 08:20 AM
Last week, we began taking a look at rating your home for sale with a buyer’s eyes. What are buyer’s eyes and what do they look for when evaluating a home to buy? For that information and to re-read Part One of this series, go to www.coloradodreamhouse.com/denverpost and click on the “News” button at the top of the page.
This week, we’ll continue discussing the top categories that buyers use to rate your home. In Part One, we covered condition and location. Today, we’ll cover size, features, and amenities.
1) Size: You know how this goes. Most people look to buy … (1 comments)

home size: Why “Less Is More”……….. - 02/26/10 03:40 AM
I must admit, for far too many years I originated loans and guided my clients by the philosophy to “buy as much home as you possibly can afford” believing that most people ended up “growing into their mortgage payment” as they continue to improve their employment skills and subsequently their income levels. While this might be true for some younger buyers, often that this is not the case. In addition, when you buy “maximum” house with your money you also get “maximum” utility bills, insurance, and property taxes that go along with that maximum mortgage payment.
The meaning of “Less is … (1 comments)

home size: Must Have’s and Have Not’s, Part Two. By Dan Polimino. - 01/25/10 09:27 AM
Last week, we started taking a look at a checklist of items that every buyer should focus on when getting a home. The priority list should include location, size of home and lot size. Why are those the first and most critical pieces to buying a good investment? Go ahead and reread Part One of this series at www.coloradodreamhouse.com/denverpost.
Today, I want to focus on the things that you could live without and probably could sacrifice if you are buying a home on a budget.
1) Condition: Believe it or not, condition of the property does not make the top three … (1 comments)