first time home buyer: What to do when the seller will NOT pay closing costs---Homebuyer TIP - 03/04/13 05:27 AM
Buying a home will be one of the biggest financial committments you will make in your life, and pre-buying jitters can scare off even the most seasoned of buyers. They want the house, that is no question, however they should be able to get it at the lowest cost, at the best interest rate, and the best of both worlds, with having their closing costs paid for. That would be a perfect world right there.
Does that happen every time? No way. Even the most experienced real estate agent will tell you that, especially if they negotiated for you to drop … (0 comments)

first time home buyer: Useful Information For First Time Home Buyers in Colorado - 02/22/13 04:18 AM
Purchasing your first home is not an easy task and can be very stressful. A lot of things need to come together to be able to make the purchase. For example, you’ll have to talk to a lot of people and complete an ample load of paperwork. However, first and foremost, you should understand that whoever you talk to while purchasing your first home should have your best interests in mind and should be willing to help. The real estate agent that you will have to deal with is simply there to provide you with assistance in finding the right home … (0 comments)

first time home buyer: 15 or 30 year fix mortgage? Depends on how much Money you want to BURN - 02/20/13 09:49 AM
A common misconception buyers think is that a 15 year fix mortgage will be twice as much payment as a 30 year fix.
Lets consider the following example:
Purchase Price – $250,000
Down Payment 20% 
$50,000 Loan Amount
$200,000 Interest Rate
30 year fix – 3.5% Payment For Principal and Interest – $898.09
Finance Charge over 30 years – $132.311.97

  Now let’s consider a 15 year mortgage
Interest Rate 15 year fix – 2.625%
Payment For Principal and Interest – $1345.38
Finance Charge over 15 years – $42,168.18
As you can see from the above example, switching to a … (1 comments)

first time home buyer: Rehab Loans For Less - FHA203K - The Smart Move for Rehabilitation and Remodeling - 03/10/11 05:06 AM
If you are thinking about "FIXING and FLIPPING" a home as an investment property, and you have cash to pay for the home, or are using Hard money to fund the transaction at 10-12% with 4 points, I tip my hat to you, until FHA comes up with a product that will be investment property rehabilitation.
With regards to this blog, we will be focusing on owner occupied FHA 203K loans, since that is what FHA offers at this moment in time.
First off, what is an FHA203K Loan?

The FHA203K program is The Federal Housing Administration (FHA), which is … (0 comments)

first time home buyer: First Time Home Buyers Need To Know Before They Go - 04/23/08 06:48 AM
First Time Home Buyers represent a good percentage to the real estate market of the buying population, however in this new lending environment, these buyers need to know before they go, so they do not set themselves up for disappointmnent down the road of the loan process. Not only are they doing themselves a disservice, they are also disservicing the real estate agent who is driving them around, looking for new homes. Couple that with the fact that oil just hit $120 a barrel, and we are paying $3.70 a gallon in gas today100% financing, no money down loans, no doc … (1 comments)

Brian Quigley - 720-524-3215, COBROKER1 - NMLS#244003 The Mortgage Network (The Mortgage Network NMLS#244003)

Brian Quigley - 720-524-3215

COBROKER1 - NMLS#244003 The Mortgage Network

Denver, CO

More about me…

The Mortgage Network NMLS#244003

Address: 600 S Cherry St - Suite 143, Denver, CO, 80246

Office: (720) 524-3215

Mobile: (720) 949-5630

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