With the addition of Joe Koslosky, the Get Home Denver Team continues to expand and increase the services offered to our clients. Joe brings over 15 years of experience in residential sales, land acquisition, and commercial development and leasing.
In addition to increasing our ability to service the residential real estate needs of our clientele, we now are pleased to be able to handle any commercial real estate needs as well!
If you, or anyone you know is looking to buy, sell or lease a commercial property, please allow us to be of service!
And, as it’s been for the last 18 years, we are NEVER TOO BUSY FOR YOUR RESIDENTIAL REAL ESTATE REFERRALS!
I recently wrote about the upcoming licensing problems many Colorado Mortgage Brokers would face. This article brought about a lively discussion about whether this was positive or not. I stand by my opinion this is a good thing, despite many great counter points brought up (You can read the story and comments here.)
It’s a moot point now. It’s done, and there will be significantly less competition for competent (and rules following) mortgage brokers in Colorado. If you are a consumer either looking to start the process, or currently waist deep in it, I would suggest you check and see if your mortgage broker is still licensed!
The following is from the Colorado’s Division of Real Estate.
****NEWS ALERT****
The Colorado General Assembly passed House Bill 1085 in 2009. This bill became effective August 5th, 2009. House Bill 1085 defines circumstances in which the Director may inactivate a mortgage loan originator license if they have failed to comply with the education and testing requirements.
· As a result, the Director inactivated 4,560 licenses on August 31, 2009.
· Individuals whose licenses have been affected will receive an inactivation notice e-mail. THIS IS NOT THE INACTIVATION NOTICE E-MAIL.
· Individuals whose licenses are inactive are prohibited from practicing as a mortgage loan originator or in any other capacity which requires a license.
· Individuals who continue to practice with an inactive license are subject to all forms of discipline prescribed in the Mortgage Loan Originator Licensing Act, including permanent revocation and fines.
· Direct managers of individuals with inactive licenses are also subject to disciplinary action if they allow such individuals to continue to practice.
· In order to reactivate a license, the individual must be compliant with all licensing provisions and are required to pay an administrative fee of $500.00, in the form of a money order or cashiers check pursuant to Director Rule 1-4-1, entitled Mortgage Loan Originator Licensing Education.
· Individuals seeking reactivation shall complete the Mortgage Loan Originator Reactivation Form and provide proof of compliance, including but not limited to the surety bond, errors and omissions insurance, and completion of the education and testing requirements.
The 13th annual “Concerts at the Crescent” series is half over, but it's not to late to enjoy these free events. This weekly concert series is presented by the Goldsmith Metropolitan District, and feature 10 weeks of amazing outdoor performances by local bands.
The concerts all FREE, and located at the Crescent Amphitheater. Located in Greenwood Village, at the corner of Belleview Ave. and DTC Blvd. (Just east of Yia Yia’s Euro Cafe), this outdoor venue is a great place to spend an evening! To get there, take I-25 to Belleview Ave., Head east to DTC Blvd. (approx. 1 mile), turn right and follow the signs for FREE parking.
All shows start at 7:00pm and last approximately to 8:30pm. The amphitheater is grass seating, so bring a chair or blanket and most people bring a picnic dinner. Adult beverages are acceptable, and there are plenty of kids around, so bring the whole family! The music is diverse, but always fun and enjoyable. Pets are not invited, sorry!
Here is the remainder of this years lineup:
July 14 – Soul X – Mix of contemporary music from 2000 to today.
July 21 – Runnin’ Wild – Blues & Rock. Winners of “The Next Big Thing” battle of the bands in 2008.
July 28 – Tidal Wave – Beach Boys, Jimmy Buffet, Reggae…You get the picture.
August 4 – The Fab 4 – An amazing Beatles cover band!
August 11 - The Nacho Men!
All concerts are open to the public and parking is FREE also!
I just got this email from US Senator Michael Bennet. Since it relates directly to the housing market, the local economy, and the $8000 tax credit for home purchases, I wanted to share it here.
Dear Fellow Coloradan,
We all know that the struggling economy has put enormous pressure on Colorado’s families and businesses. That’s why we passed into law the American Recovery and Reinvestment Act (ARRA) in February. This package will work to put our economy back on track, creating or saving 59,000 jobs in Colorado, making historic investments in education, and helping our state grow the new energy economy.
In addition, the ARRA includes an expanded $8,000 first-time homebuyer tax credit for 2009 home purchases that will help to put money back into the pockets of middle class families while giving a good boost to the economy. The details are simple: If you have purchased a home in the last year, or are considering buying a home in the next few months, there are several different ways you can receive this tax credit - even if you already filed your tax return for this year.
I want to be sure that you and all other Coloradans know how to take advantage of this new, expanded tax credit, so I am issuing a “First-Time Homebuyer Tax Credit Alert.” This fact sheet will be available in all of my regional offices and offers information on how to maximize use of this credit. I encourage you to read my “alert” and see if you can take advantage of this tax credit. In addition, you can use the links below for more key information on how to claim this credit.
Throughout the year, I will continue to update you on important developments in Washington. However, I would also like to hear from you. I see my job as taking your experiences and ideas to Washington. Please email me with any questions or concerns you may have. I look forward to hearing from you.
If you ask buyers what they are looking for in a home, it’s almost guaranteed they will mention “good flow.” But, what exactly does that mean? If you have visited a model home lately, you probably noticed how floor plans have changed in the last decade or so. [...] Continue Reading…
The Obama Administration unveiled the final details of its “Making Home Affordable Program,” which is designed to help up to 9 million American families refinance or modify their loans to a payment that is affordable now and into the future.
One of the initiatives in this program is aimed at [...] Continue Reading…
The US Department of Housing and Urban Development (HUD) issued a new regulation designed to empower borrowers in the mortgage process. HUD has dictated a change in the good-faith estimate (GFE) form and the settlement form (HUD-1). These forms are part of the Real Estate Settlement Procedures Act, a [...] Continue Reading…
Here are 10 FREE things to do in and around the Denver area. Please make sure and call or check the organizations website to confirm dates and times for free admission. Enjoy!
United States Mint. Free daily from 8am-3pm. MAKE A RESERVATION! 320 W. Colfax Ave., Denver. 303.405.4761. http://www.usmint.gov
Denver Botanic Gardens. FREE on the first Friday of each month. 9am-5pm. 720.865.3500. http://www.botanicgardens.org
Denver Museum of Nature and Science. FREE Days: Monday Feb. 2, Weds. March 18, Sunday April 19, Sunday May 31, Wed. June 10, Monday July 13, Wed August 12, Sunday Sept. 13, Sunday October 4, Monday Nov 2, Sunday Nov 22. 2001 Colorado Blvd, 303.322.7009. http://www.dmns.org.
Museum of Contemporary Art. First Saturday of each month admission is only 1 cent. 1275 19th St., Denver. 303.298.7554. http://www.mcartdenver.org
Children’s Museum. Free Admission first Tuesday evening of the month. 4-8pm. 2121 Children’s Museum Drive, Denver. http://www.cmdenver.org
Colorado Railroad Museum. Check the website for dates and times for free admission. 17155 W. 44th Ave., Golden. http://www.crrm.org
Bus Tour of the Golden Triangle / Art Museum District. First Friday of every month. 5-9pm. Ballet Arts Theatre, 816 Acoma St., Denver. 303.825.7570. http://www.pnfproductions.com
Broomfield World Music Series. Free concerts on the 2nd Wednesday of each month. 7pm. Broomfield Auditorium. 303.469.3301. http://www.broomfield.org
Firehouse Tales for Tots. Denver Firefighters Museum. First Wednesday of each month. 10-10:30am. For children ages 2-6. 1356 Tremont St., Denver. 303.892.1436.
The fed is finally trying to get some of the bailout money into programs that may benefit those most in need. I’m not sure if it will actually get there, but there seems to be a movement away from bailing out the banks, towards bailing out homeowners. This is a much needed policy change, as it could directly effect the number of foreclosed homes that hit the market.
Under the program, the Fed has a number of options to provide relief, including lowering the amount the homeowner owes on the mortgage, reducing the interest rate or lengthening the term of the loan.
It’s unclear how many homeowners would benefit. However, the relief plan would apply to the billions of dollars of mortgage assets the Fed is holding on its books because of last year’s bailouts of Bear Stearns and insurer American International Group.
In general, a borrower must be at least 60 days delinquent to qualify for help, although the Fed has leeway to make some exceptions. A 2008 law that set up the $700 billion bailout fund instructed the Fed to take such foreclosure relief action.
“The goal of the policy is to avoid preventable foreclosures on residential mortgage assets that are held, owned or controlled by a Federal Reserve Bank,” Fed Chairman Ben Bernanke wrote in a letter Tuesday to Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee.
Xcel Energy provides electricity and natural gas to the majority of the Denver metropolitan area. The utility company recently announced four rebate programs for residential customers in an effort to decrease energy demand, thereby reducing their costs for production and transmission of electricity and natural gas. The energy efficient program rebates include:
The size of the rebates varies and there are important dates and conditions to follow. Go to www.xcelenergy.com and look for the program details under Colorado and Residential>Programs & Resources>Heating & Cooling Rebates.
If you are thinking it is time to replace any energy systems in your home it is well worth your time and money to pursue energy efficient appliances and materials. The initial costs may be higher but the expense if typically recaptured in lower operating costs over the life of the appliance. There are also Federal Tax Credits available to homeowners for specific energy efficient improvements to your home. Please contact The Get Home Denver Team for additional information on residential energy efficient rebates and tax credits.
I've been selling homes since 1990. I've managed a large, national franchised office, and am currently Broker/Owner of a 5 agent company in Denver.
My firm is affiliated with Metro Brokers, Inc. We are a large group (almost 2000 agents) that share overhead, and resources. It allows us to run our business' nimbly, yet have the benefits of name recognition, etc. of the large franchises.
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.
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