Erie
Real Estate News and Questions
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As a follow up to last years success, Becky Coet and myself decided to continue with the tradition of giving back to our community! As members of Keller Williams-The Red Door Group, we always want to be agents constantly give back to the communities we service.
We have teamed up
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Check out a New and Improved Price on a stunning home in Vista Ridge!!
1731 Crestview Lane
Erie, CO 80516
$419,900
(a $20,000 price improvement)
This home won't last long at this price, you won't want to miss out on this opportunity!!
2713 Square Feet
4 Bedrooms
2
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Last week was a very strange week. I was on my way back from working with a client in Aurora when I noticed a large animal near the bridge on Erie Parkway. I looked over and low and behold...
A MOOSE!!!
Not a deer, or an elk, or a large dog,
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On July 29th the Mayor and the Trustees of Erie held a State of the Town meeting open to the public and it was a great turnout. Attendees were informed of the bright future in store for the town and what a great bunch of people working diligently to truly make
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1731 Crestview Lane
MLS #783616
This home is nestled in the beautifully master planned community of Vista Ridge. Tennis Courts, Community Pool, and the Colorado National Golf Course only feet away.
This beautiful 2 story home has just over 2700 finished square feet and includes a full, unfinished basement.
Many thoughtful
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Erie has just started a Farmer's Market and it runs each Saturday from 8am to 12noon.
There are local vendors and this is a great place to get to know your community!
It's located off Briggs in the parking lot of the Blackjack Pizza.
Come on down and meet
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PAY ATTENTION, SOME THINGS HAVE CHANGED.
Effective July 1, 2009 House Bill 1091 goes into effect. This bill mandates the installation of carbon monoxide detectors in residential properties. The bill applies to all properties - single family, multi-family, mobile homes, owner-occupied, rental, and homes for sale. In other words if someone
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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
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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
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Loan Considerations for Jumbo MortgagesFor the Greater Metro Denver area, any loan amount greater than $417,000 is considered a jumbo loan. Fannie Mae and Freddie Mac assign different thresholds for various regions across the country. For instance, $417,000 is not considered a jumbo loan in a high cost city like San
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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
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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. •
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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
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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
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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
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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.
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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,
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Even though Christmas is still a couple of weeks away, I thought Erie residents would appreciate this information on Tree Recycling... The Parks Division's annual Christmas tree recycling program starts December 26, 2008. Residents can drop off trees through Jan. 11 at Coal Creek Park, located at the intersection of Cheesman
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Can you believe Thanksgiving is just around the corner?? It'sthat time of year where most people gather around a table full of family recipes and mouth watering treats but during these difficult economic times, some are unable toenjoy this luxury. This year, Becky and I wanted to give back to the
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Happy Monday to all my fellow Active Rainers. I received a newsletter this morning from the Mayor of Erie Andrew Moore and he had some great information about the upcoming events in our town. I wanted to share them with you because these events always make for some fun during the
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Located on the west side of County Line Roadin Erie Colorado, this beautifulcommunity is very easy on the eyes!
One of the most appealing communities in the town of Erie, if you are lookingfor achange in scenery and an amazingstreet appeal, you definitely need to check out Erie Village.The color
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My neighbor and business partner, Becky Coet and I decided to give back to our community here in Erie, Colorado by starting an annual Food Drive. We simply delivered donated paper bagsto each home in Erie Commons and will be picking up the filled bags at the end of the week.
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Being a native Coloradoan, I've grown up having seasonal snow. From the blizzard of 1982 (I think, I was a kid so I'm not completely sure of the year), to the one in 2006, it's inevitable that we will get some snowy cold white stuff soon. Here it is November and
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