real estate: How to Buy and Sell a Home at the Same Time (Without Losing Your Mind)
- 12/08/23 01:13 PM
How to Buy and Sell a Home at the Same Time (Without Losing Your Mind) Buying or selling a home is a big adventure; some thrill seekers may choose to take on both tasks at the same time. If you're finding yourself in the position of needing to buy and sell at the same time, here are some tips to help you navigate the possibly challenging course ahead of you. Evaluate Your Local Market For most buyers and sellers, selling their current home before putting an offer on another property is their best real estate option. But for others, it really
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real estate: Negotiate a Buydown to Get into a Home Now
- 02/02/23 11:25 AM
If you are a prospective homebuyer, things have changed in the past year. Most notably, mortgage rates have more than doubled which has created an affordability gap that has taken approximately 15 million buyers out of the market. Inventories are growing but it isn't because more people are deciding to sell their homes; it is because it is taking longer to sell properties because less people are qualified. Current housing inventory is a little more than a quarter of what it was in 2008. Buyers are wondering when the market will return to normal, as if mortgage rates at three and four percent
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real estate: Shopping for a Mortgage
- 03/13/20 11:32 AM
Shopping for a Mortgage A lower rate will not only result in a lower payment, it will amortize the loan quicker. A $250,000 mortgage at 4.5% for 30 years will have a $1,266.71 principal and interest payment. At 4%, the same loan will have $1,193.54 payment saving $73.18 a month and the unpaid balance would be $1,776 lower at the end of five years. Mortgage lenders tend to price their mortgages based on the credit score of the borrower. The higher the credit score, the lower the mortgage rate. There is an inverse relationship that the lower the credit score, the higher risk and therefore,
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real estate: Instant Buyers Save Time But Cost Money
- 02/17/20 05:43 PM
There are a multitude of companies across the Internet, referred to as iBuyers, who are suggesting that sellers can save the hassle of putting their home on the market, showings, repairs, open houses and other things by accepting their instant offer to purchase. The adage goes "if it sounds too good to be true, it probably is." The price to be paid for the convenience of not having to deal with the hassle is a lower net sales price than you'd probably realize if you took a more conventional approach to selling your home. These companies are not charities and
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real estate: Who is my agent?
- 09/22/13 01:00 PM
Who is my agent? More often than you’d expect, homeowners refer to the person they bought their insurance from as their agent. It sounds reasonable but it’s definitely not accurate. That person is the agent of the insurance company and they legally represent the company, not the customer. Even an independent agent who can place a policy with different companies is still an agent of the company. A mortgage officer, in most cases is an employee and represents the company. And the same is true for a title or escrow officer. It’s important to understand the actual relationship to know what you
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real estate: Get Regular Check-ups
- 08/13/13 05:07 AM
Get Regular Check-ups Following his heart surgery last week, after an issue was discovered during his annual physical, President George W. Bush encouraged everyone to get regular check-ups. Another important checkup that should be done on a regular basis and can be just as beneficial for your finances is an annual homeowner advisory. Why would you treat your investment in your home with less care than you treat your car or even your HVAC system? Consider investigating the following: • Know the value of your home by obtaining a list of comparable sales in your immediate area as well as what is
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real estate: House Sale Price: List It Right from the Beginning
- 06/28/13 07:56 AM
House Sale Price: List It Right from the Beginning With house prices increasing across the country, sellers may think they can list their homes at a higher price and adjust if necessary. That may not be a good strategy. This is a post we ran last year by Ken H. Johnson, Ph.D. — Florida International University (FIU) and Editor of the Journal of Housing Research. To view other research from FIU, visit http://realestate.fiu.edu/. - The KCM Crew The Research Are there any negative effects from changing the listing price of a property? This question haunts Brokers/Agents as well as sellers of property
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real estate: Are You Just an Option to Someone?
- 09/05/11 09:00 AM
As we go through our lives we have priorities that make us who we are.In a relationship is the other person a priority to you and you are only an option to them? This will take some soul searching but in the end things will be more peaceful.I think this could also apply to real estate with the client and and agent relationship.There needs to be priorities set on both sides in order for the relationship to be lasting.If the client has you an an option and you don’t know it the frustration will paralyze you from moving on.
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real estate: Problems With Finding A Denver Home for a Young Couple
- 08/03/11 11:03 AM
Problems With Finding A Denver Home for a Young Couple A house is a dream that many young families have. This is the place that they envision their children growing up in and the place where they will grow old. As a young family starting out, there are certain obstacles that must be overcome in order to get the house of their dreams. One of the biggest problems for young families when they purchase their first Denver home is financing their property and knowing the real costs connected to owning a home. Being knowledgeable in both these areas will help any
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real estate: Little River Band In Concert At Hudson Gardens
- 08/03/11 10:20 AM
Little River Band in concert at Hudson GardensRemember this band from the 80’s? Some of their famous songs include:“Lady”, “Cool Change”, and “Help Is On The Way.Last Sunday afternoon hundreds of us gathered at Hudson Gardens to enjoy an outdoor concert by the Little River Band. They still have great harmony, play amazing guitars and piano and had us all rocking to the beat.We sat on a grassy hill with our chairs, blankets, coolers, food and our close gang of friends. The weather was perfect at 85% no rain and plenty of shade.What a sweet way to spend Sunday afternoon and
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real estate: The Difference Between A Denver’s Buyer's Agent And A Seller's Agent
- 08/02/11 07:18 PM
Buying and selling a home are two of the most important transactions that you will make in your life. Doing it the right way can be the difference between thousands and, sometimes, tens of thousands of dollars. The real estate agent that you decide to have help with this big task should be one that you feel very comfortable with. Very few people know that there is a Denver buyer’s agent and a seller’s agent. What does a buyer’s agent do? As the name suggest, a buyer’s agent represents the interest of the buyer. The buyer’s agent’s goal is to
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real estate: The impossible Dream Can Be Possible
- 07/27/11 11:15 AM
Denver Real Estate - Dream The Impossible Dream!Has home ownership become an impossible dream to many that want a piece of real estate? Has it become that difficult to become a new homeowner nowadays? No, not really. It just seems that way because the numbers are bigger.When your grandparents were first starting out they too dared to dream the impossible. Back then it was very difficult to come up with the funds to cover a down payment on a $7,000 home. They had to find a way to do it and it often took some time to get the money together
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real estate: Denver Real Estate-Does House Staging Really Make a Difference? YES!
- 07/27/11 07:13 AM
Denver Real Estate - Does House Staging Really Make a Difference? YES!Have you been stuck with a piece of Denver real estate for months and months wondering why nobody has been eager to buy or even make an offer? You know that the property you have would be perfect for somebody, but every time a potential buyer comes along you practically see them deflating like a balloon loosing air. Then, with promises of getting in touch, they just melt into thin air never to be seen again.Is it due to Denver real estate conditions? Is that why you have been unable
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real estate: I Wish I Had My Camera
- 07/28/10 11:03 AM
I wish I Had My Camera Since most of our days are spent driving around and sometimes we will see something that makes us say "well, look at that". In the past I have seen a mother duck and her ducklings crossing an intersection. They were all lined up as they waddled across the street. What was really heart warming was the traffic was stopped in all directions just waiting for her family to cross safely. I wish I had my camera. Driving up my tree lined street in the fall when the leaves are changing is breath taking. I wish I
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real estate: The Right Price Will Mean A Successful Sale
- 07/24/10 03:48 PM
Buyers will ultimately determine the value of your home. Pricing your home to sell is determined by searching the comparable properties that have sold within the last 4 months and your gut feeling. Your price should attract buyers, make you the most money and be able to sell your home within time time frame you are needing. FACTORS AFFECTING THE ASKING PRICE: How quickly you need to sell The amount of competition in your price category and area The sale prices of similar homes sold in your area within the last 4-6 months. FACTORS THAT SHOULD NOT AFFECT YOUR ASKING PRICE
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real estate: Rule Changes for Short Sales
- 06/01/10 04:56 PM
Thursday, April 15, 2010 Fannie Mae has just announced new waiting periods for people who have sold a house in a short sale and want to buy a new house.The new waiting period is 2 years if the borrower has a 20% down payment, 4 years if they have a 10% down payment, and 7 years if they only have the minimum down payment allowed for a particular loan program. The minimum is usually 5%.The new rules take effect in June for loans that are run through Fannie Mae's online underwriting system, and in July for loans that
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