denver realtor denver relocation: Equity Give Homeowners Options
- 04/05/22 07:43 PM
Americans have seen the equity in their homes increase by 29.3% year over year in the fourth quarter of 2021 according to the CoreLogic Homeowner Equity Insights. The average home equity gained $55,000 during the same period.
CoreLogic's Home Price Index reported a 19.1% increase in appreciation for the previous twelve months ending in January 2022. This increase in value is fueling the increased equity that homeowners are experiencing.
Some homeowners are doing cash-out refinancing and using the funds for a variety of purposes like home improvements, investing, saving for retirement, college or rainy-day funds.
Other homeowners are seeing the … (0 comments)
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denver realtor denver relocation: Rent your Home Tax Free
- 05/09/21 06:40 PM
There is a little-known provision in the tax code that allows homeowners to rent their principal residence or second home for up to 14 days a year without having to recognize the income. In this situation, the taxpayer does not deduct the rental expenses associated with the income.
There is no restriction on how much you earn. If your first or second home is in a desirable area where people are looking for short-term rentals, it could provide a windfall to the homeowner.
In cities where any big sports championships are played, there could be a market for a temporary rental of a … (0 comments)
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denver realtor denver relocation: VA Funding Fee Going Up
- 10/13/19 03:33 PM
The cost of a VA home loan is going up beginning January 1, 2020 when the funding fee is being increased from 2.15% to 2.3% for first time use. The amount increases to 3.6% for subsequent zero-down payment loans. Reservists and national guard veterans are subject to a slightly higher fee.
Veterans pay a funding fee when purchasing a home with a VA insured loan. This one-time charge, collected by the Department of Veteran Affairs, is based on the loan amount to value with the fee decreasing as the down payment goes from 0% to 5% or 10% or more. It can be paid … (4 comments)
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denver realtor denver relocation: What Every Homeowner Should Know About their Property Insurance
- 09/23/19 01:52 PM
Insurance is required on a home by the mortgage company, but homeowners rely on it for peace of mind also. Unfortunately, people may not take the time to investigate their policy and what it covers until they need to file a claim, which could be too late.
While it may not seem like the best use of your time, an in-depth visit with your property insurance agent once a year could be valuable to you if you have losses and could increase your peace of mind.
The following are some questions you can ask your insurance agent:
What is the insured … (0 comments)
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denver realtor denver relocation: Will Points Make a Difference
- 03/14/19 04:52 PM
Will Points Make a Difference Lenders typically quote mortgages at a market rate but can offer a lower interest rate loan if the borrower is willing to pay points up-front which is considered pre-paid interest. These points are generally tax deductible for the year paid when the borrower pays them in connection with buying, building or improving their principal residence.
A point is one-percent of the mortgage amount. A lender will quote a lower-rate mortgage with a certain number of points. There is not a standard amount; it is an individual company policy.
A simple comparison of the two alternatives based on the borrower's … (0 comments)
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denver realtor denver relocation: When It's Important...Find the Facts
- 02/13/19 07:27 AM
When It's Important...Find the Facts2/13/2019 Most parents don't put a lot of credence in the statements "Everyone is doing it" and "No one does that anymore." They'll dig a little deeper and get the facts of the situation. Interestingly, when it comes to buying a home, similar common myths continue to prevail surrounding what it takes to buy a home.
One of the most common myths is that it takes 20% down payment to get into a home. Certainly, an 80% mortgage might have the most favorable interest rate. It won't require mortgage insurance and qualifying requirements might be a little less but there are … (3 comments)
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denver realtor denver relocation: Surprise When Renting Your Home
- 01/04/18 11:43 AM
Planning to go to the Masters next April 2-9th and don’t have a place to stay. Each year, there are homeowners who rent their home for a big premium during the Masters because hotels are in short supply and demand for private homes is up.
Homeowners go on vacation and make tax-free income while temporary tenants rent their home. Homeowners can benefit from a little known provision in the tax code that does not require taxpayers to recognize the income derived from renting their home for less than 15 days per year. See Plan Ahead for Tax Time When Renting Out Residential or … (0 comments)
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denver realtor denver relocation: Digital Property Showings
- 03/01/16 12:12 PM
Ask any real estate professional if they have sold a house without the buyer having physically seen it and they’ll most likely tell you they have. While it may have been an unconventional sale, it is more prevalent today than it was twenty or even ten years ago.
The digital world of the Internet has changed the process of buying a home. It is evolving as people have become more comfortable with the reliability of the information available.
Getting in a car and driving around all day looking at homes that may or may not fit your needs or wants is not productive … (0 comments)
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denver realtor denver relocation: What the Heck is This?? Be Careful
- 05/11/11 04:55 AM
I received this as a comment on one of my blogs.Why don’t these people get jobs like the rest of us and stop trying to steal money from people?Facebook is being scammed as well as Craig’s list. After I post on CL I get all sorts of responses that my account is being closed, my ad is being flagged and really weird responses to the ads.The Internet was supposed to be helpful and make life easier but these days there are so many low life’s out there trying to make a quick buck it has made life more difficult.We shouldn’t have … (1 comments)
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denver realtor denver relocation: Watch Out for the Mold When buying a Home
- 04/12/11 06:32 PM
The Problem With Mold In A Denver Real Estate Purchase When you have made up your mind about a Denver Real Estate sale and are ready to go ahead and sign the papers, one of the things you need to check first in the house is mold. You may or may not have already done a visual inspection while you were walking around the house, but sometimes mold can be hidden and hard to see.
What I found while showing a bank owned property Upon entering in the house there was a strong odor and it was MOLD. It had started … (2 comments)
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denver realtor denver relocation: 13 things Your Burglar Won't Tell You
- 04/11/11 09:09 AM
There are some really great tips here:
The best are near the end.
Common sense applied in a vigorous way.
13 THINGS YOUR BURGLAR WON'T TELL YOU
I am particularly interested in the part about the wasp spray...
1. Of course I look familiar. I was here just last week cleaning your carpets, painting your shutters, or delivering your new refrigerator.2. Hey, thanks for letting me use the bathroom when I was working in your yard last week. While I was in there, I unlatched the back window to make my return a little easier.3. Love those flowers. That … (2 comments)
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denver realtor denver relocation: Beware! The Trap of Model Homes
- 03/16/11 06:48 PM
Model Homes in Denver- Beware! The Trap Of Model Homes!When you first walk into model homes in Denver it is easy to fall in love with the home. Everything has been professionally decorated so that you see the home's true potential and fall into the trap. You may decide to purchase a developer's home based on a model that has upscale furniture and designs that you could never afford. Furthermore, after looking at some of the empty houses, you may decide to purchase the model itself. In many cases this is not a wise decision to make.A model home is described … (4 comments)
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denver realtor denver relocation: Common Pitfalls when Selling Denver Real Estate
- 03/14/11 06:46 PM
Common Pitfalls when Selling Denver Real Estate No matter what the Denver Real Estate market is in your neighborhood, you can get your house sold to the right buyer. To do this, all you need to do is avoid the common selling mistakes that can effect how much you get from the sale, and make selling your property a nightmare.
The outside of the Property
It is a common mistake when selling Denver Real Estate to focus on the inside of the property and forget the outside. To make a good first impression, it is important to ensure that the … (2 comments)
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denver realtor denver relocation: It's a Beautiful World..Remember What We Do Have and Not What We Don't Have
- 12/22/10 05:48 AM
This past year has had many challenges. We may have more on the way to overcome but all in all it's a beautiful world.
Let's remember what we do have in our lives instead of what we don't have.
Wishing all of my AR friends a Merry Christmas with your family and frien … (2 comments)
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denver realtor denver relocation: A Different Kind of Christmas Poem..Please Read and Listen
- 12/07/10 10:35 AM
A Diffrent Kind of Christmas Poem
This poem, played with music, will open your heart for the holidays. It was written by one of our troops letting us know that they don't want to be forgotten. As we are celebrating in our comfortable familiar place called home, their Christmas home has no tree, shiny lights, Christmas carols or hot cider by the fire. No family hugs are available and they can't see the stars in their childrens' eyes on Christmas morning as they open gifts from Santa.
… (0 comments)
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denver realtor denver relocation: 25 Cents on the Dollar...What a Heart Warming Day
- 12/04/10 03:05 PM
25 Cents on the Dollar..What a Heart Warming Day
This was my first experience to volunteer at the Christmas Store for our church, Colorado Community Church.
It takes 800 volunteers behind and in front of the scenes to make sure 2000 kids gets 2 gifts each.
1400 families are invited to take part in the gift selection for their families.
These brand new toys are displayed on tables according to age of the child. The prices for the toys is 25 cents on the dollar.
The appreciation and look of relief on the faces of the parents is so … (7 comments)
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denver realtor denver relocation: Old Fashioned Christmas In Larimer Square
- 11/28/10 10:33 AM
Santa will be in Larimer Square
Larimer Square is a quaint few blocks of shops in downtown Denver with cafe's and original buildings where you can go sit and have a cup of coffee or hot chocolate.
You will get the feeling of an old fashioned Christmas while walking from the unique boutiques and enjoying the Christmas lights. Some of the boutiques are Cry Baby Ranch, Dog Savvy Boutique, Victoriana Antique and Fine Jewelry, Element and many more.
All in one block you will find one of the nation's most impressive group of exclusive and chef-owned restaurants. Ted's Montana Grill is an … (2 comments)
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denver realtor denver relocation: How Would You Like This In Your Back Yard?
- 11/28/10 09:35 AM
Seems like the Fox, Bears and Coyotes and coming to town to dine on people food. This beautiful animal was found in my friends yard snooping around for food. He tossed the Fox some chicken and did he ever go after it. He even came back the next day for more chicken.. Hopefully this won't become a habit.. but if my friend keeps feeding the Fox it will probably bring family and friends for Christmas dinner.
The house with the fence is in a subdivision not in the mountains. How these animals find their way around is a mystery and amazing that they find their way back to … (10 comments)
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denver realtor denver relocation: Denver Zoo Holiday Events for ages 3- 65+
- 11/25/10 02:43 PM
Take the family to see this holiday spectacular at the Denver zoo.
On December 10th the annual celebration will be unveiled to the public. If you are a member you will get to see it on Friday November 26-November 28th.
On December 10th you will see:
Ice carving 5:00-8:00 PM
Fire Dancing 6:00 PM and 8:00 PM
Santa will be there 5:30-9:00 PM
Denver Zoo Members' Zoo Lights Preview WeekendFriday, November 26-Sunday, November 285-9 p.m.This event is for members and their guests only. Learn how you can become a member today! Admission:$6 for adults ages 12-64$4 for seniors 65 and … (2 comments)
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denver realtor denver relocation: Parade of Lights, Denver Co..It's a Must Go See Event
- 11/25/10 02:14 PM
Downtown Denver at the holiday time is a very warming experience and sure to make the holidays different. Most of these events are free.
There will be the lighting of the City and County Building. This is a huge building in the heart of downtown and workers spend weeks getting the lights on the building and making sure the grand lighting event is ready to for all spectators to gasp at the beauty of the lights against the dark sky.
The parade of lights which will include the marching band from CSU, many floats that will include the Ship of Lights that will … (0 comments)
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Americans have seen the equity in their homes increase by 29.3% year over year in the fourth quarter of 2021 according to the CoreLogic Homeowner Equity Insights. The average home equity gained $55,000 during the same period.
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