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denver: FHA raises mortgage insurance premium and may hurt Denver Metro home values - 02/24/11 11:48 AM
The FHA is boosting the annual mortgage insurance premium charged on its home loans, a move that will increase the cost of an average FHA mortgage by about $30 a month.
Effective April 18, the FHA is increasing the annual mortgage insurance premium (MIP) on 30- and 15-year fixed-rate mortgages by 25 basis points, or one-quarter of one percent of the total loan value. The action is intended to help replenish the agency's capital reserves, which have been depleted due to losses on bad loans in recent years. The move almost immediately implements one of the Obama administration's recommendations for … (1 comments)
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denver: Should I consider a Deed in Lieu, Short Sale or just go the Foreclosure route in Colorado? - 02/22/11 12:55 PM
Deed in Lieu:
A deed in lieu of foreclosure is where you deed your property to the lender in exchange for being forgiven the entire amount of the mortgage. The lender then sells off the property in order to retrieve as much of the unpaid mortgage amount as they can. In my Real Estate career I have only seen a Deed in Lieu accepted by a Mortgage company as Colorado is deficiency state. The transaction was with an estate sale so I understand why the mortgage company did the Deed in Lieu as the deceased person didn't have any assets or … (1 comments)
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denver: WOW! Lots of Character. - 03/16/10 01:51 PM
This 1929 Denver home is in need of renovation but almost any qualified owner occupant / buyer can get an FHA 203k home renovation loan and make this property in the home of your dreams. The 203k loan will enable you to borrow the extra money to do almost anything from designing the kitchen of you dreams, bathroom remodels, new flooring, windows, roof and may other renovation projects. The home across the street was listed at $299,900 and is currently under contract. If you would like more info about this home or a FHA 203k loan click http://www.theedgegroup.net/content/contact.html or call us … (1 comments)
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denver: COMPLETELY REMODELED CHARMING HOME IN CENTRAL LOCATION! - 03/26/09 02:47 PM
2 Bed, 1 Bath,
NEWER SIDING, KITCHEN, , BATH AND PAINT. VERY NICE LARGE MANICURED BACK YARD-GREAT SMALL HOME AT A GREAT PRICE! EXCELLENT CONDITION! NO HOA'S!
Paul Gruber CRS, e-Pro, REALTOR
Broker/ SR Partner
Metro Brokers - The Edge Group, Inc.
paul@theedgegroup.net
www.theedgegroup.net
7400 W Jefferson Ave
Lakewood, CO 80235
303-886-5991
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Paul Gruber CRS, e-PRO
Littleton,
CO
More about me…
The Edge Group Inc
Address: 7138 W Roxbury Ave, Littleton, CO, 80128
Office Phone: (303) 980-0799
Cell Phone: (303) 886-5991
Email Me
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