summit county: Frisco Oktoberfest - A Mountain Town Tradition: Here's What You Need to Know
- 09/02/11 07:35 AM
Hurray Beer! Frisco's Oktoberfest is back after a few years hiatus. The event was on-hold because Main Street vendors & residents felt the event created too many problems. Road closures, long hours, and excessive noise & drinking resulted in a decision that the 'party' be moved. With the recent development of the Frisco Peninsula area, Oktoberfest was reborn. A picturesque mountain landscape in a location that makes everyone happy. I'll be in attendance volunteering Friday evening and definitely NOT volunteering on Saturday. :) If you are in the neighborhood, stop by for some beer, music, food & fun. The event kicks … (0 comments)
summit county: The Best Events in Summit County - August 2011 - JBerman Group
- 08/05/11 12:49 PM
August 1st - 20: Breckenridge Music Festival August 6th: Classic Boat Show - Frisco August 6th - 7th: Bluegrass & Beer Festival - Keystone August 12th - 13th: BBQ at the Summit - Dillon August 13th - 14th: Art on Main St. - Frisco August 20th - 21st: Blues & Art Festival - Keystone August 20th: Circle the Summit - Summit County August 21st: Family Fun Fest - Frisco
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summit county: Summit County High-Cost Maximums to Decrease on October 1st, 2011
- 07/12/11 04:54 AM
It's likely many mountain homeowners haven't heard that the high-cost maximum loan amounts as defined by FNMA & FHMLC are going down.Currently, borrowers can finance up to $729,750 and still qualify for the conforming conventional interest rate in some areas of the country. Loan amounts above the maximum are subject to higher "Jumbo" mortgage pricing.With the recent fall in home prices and the higher profitability of Jumbo loans for mortgage banks (higher spreads), October 1st brings the first decrease in the maximum loan amounts since I've been in business as a mortgage originator (1993).The maximum loan at each of the three … (0 comments)
summit county: JBGroup Introduces the Freddie Mac High Balance Loan In Colorado
- 04/05/11 03:33 PM
The J. Berman Group is now offering the Freddie Mac Super Conforming Program. This gives us an additional conduit for high balance loans. These loans feature flexible Fico scores, generous Cash-Out options, & new options previously unavailable for 2-4 unit properties. Purchase, Rate/Term, & Cash Out transactions Cash Out eligible transactions on Second Homes & Investment Properties Fixed Rate loan teems only Single Family Residence, PUD's, Condos & 2-4 unit properties. Minimum Fico score is 620 Loan Amounts up to $1,000,000 75% LTV Cash Out Max on primary residence. 80% LTV Max on second homes & investment properties. As always, if … (0 comments)
summit county: Summit County US Census Data
- 02/25/11 04:02 PM
Highlights from today's Summit Daily article on the 2010 census data. "Summit County's permanent population swelled to more than 27,000 people, approximately 15 percent higher than 2000 census counts. The Summit County population has aged slightly since 2000, with a current median age of 33 — up from 30.8 10 years ago. The number of residents over the age of 65 has increased from 3.3 percent of the population to 5.3 percent. The county gender gap has narrowed over the last 10 years, although men continue to outnumber women significantly, according to Census numbers. Women made up 41.8 percent of the … (0 comments)
summit county: Summit County Pre-Foreclosure Anomaly - Up 21% YTD in 2010
- 12/08/10 12:14 PM
Looking through the Notice of Election & Demand (NED's) activity for Colorado and I noticed an interesting anomaly. There were 280 Notice of Election & Demand (NED's) filed (01/01/09 - 12/08/09) in Summit County. 340 NED's have been filed year to date in 2010. That's an increase of 21% while Denver has seen a 17% decline. In fact, other parts of Colorado experienced fewer NED filings as well. Weld county was down 14% & El Paso county was down 10%. What is causing the deviation? Did the larger population of 2nd homes & investment property in the mountains translate to a … (0 comments)
summit county: Summit County 1st & 2nd HomeBuyers Get Special Deals from Lenders
- 07/15/10 10:29 AM
Did you know that Summit County, Colorado home owners get preferred treatment over just about every other county in Colorado? It’s true. There are only four counties in all of Colorado that are considered “High Balance, High Cost” counties. These areas get to take advantage of lower rates for loan amounts, that traditionally, are considered Jumbo mortgages in other parts of the state. I wrote a bit more about this and posted a PDF of all the counties and their maximum balances on my mortgage blog, The J. Berman Group. Would love some feedback about this awesome little benefit for residents … (0 comments)
summit county: Summit County Links: Autumn Foliage, Strong Real Estate Market, Zebra Mussels
- 09/30/08 07:03 AM
This is my first Autumn up in Summit County as a full-time resident. All I can say is "Wow!" - Fall Color Explosion The market in Summit County is healthy and growing I'm excited for future prospects as a mortgage originator, homeowner, & investor in Summit County. Summit County Real Estate Update. The Snowboard areas are getting some positive rankings. Colorado Resorts make top 20. Finally, all is not rosy here. As local readers know, the Pine Beetle is kiling 90% of the Lodgepole Pine tree population. Nature happens. There is another threat on the horizon that is not being publicized … (2 comments)
Hurray Beer!
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