Rent vs. Own, What's It Going to Take? How much evidence is needed to make a decision to get out of the rent race and become a homeowner? Compare your rent with a mortgage payment on a similar size property. If you want a larger home than your current one, use the rent that property would requir
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01/31/2013
The FHA 203K loan Most mortgage loan programs require that the property be in sound condition with no structural defects or repairs required. Not the 203K, it's made for everything from a light spruce up to completing more major repairs, improvements or new additions. Can't find the perfect home
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01/29/2013
USDA Home loans, consider the benefits vs. other loan types. USDA home loans are backed through the Rural Housing Division of the U.S. Dept. of Agriculture. They are available to millions of eligible primary home buyers with low incomes or scarce funds for down payments. Features, benefits and
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01/24/2013
5 Common Pitfalls of Purchasing A Foreclosure Property There are continually more and more foreclosure properties that are being put up for sale everywhere you turn in Colorado. Of course, this can be very tempting for homebuyers as people can sometimes get properties for well below the current
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01/23/2013
The latest numbers are in from the National Association of Realtors and housing affordability remains strong. I keep preaching it, but now is still an amazing time to buy. Just look at the rates that are still in the 3's. I'm still amazed every day I come to work and the rates are still this low.
01/22/2013
Updated changes (effective 2/1/13) Colorado Contract / Inspection Resolution The Inspection Objection Resolution can result in three different outcomes: · Buyer presents form to Seller with a list of repair requirements that they want done and seller can agree to some or all,
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01/21/2013
Colorado Contract / Inspection Resolution (effective 1/1/13) The Inspection Resolution form is now a part of the contract unless it is waived on the Inspection Objection form. Either the Resolution or the waiver on the Inspection Objection form must be received prior to ordering the appraisal f
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01/21/2013
Are you sending weekly listing reports to your sellers? If not, why not?If you are not connecting with your sellers often it could be costing you millions of dollars in referrals over your career.What if and this is a big deal…You can help the seller come to realize that if there is an issue, it
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01/20/2013
If you’re looking to sell your home in the near future, you may feel inclined to list it as a For Sale By Owner (FSBO) before working with a Realtor. For many, this is considered one good way to cut back on costs and possibly earn a little more profit on the sale. However, there are certain a
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01/19/2013
If your college student is getting ready to live off campus, buying a rental property or condo may be an option worth considering. Of course, with high rental costs and the opportunity to create a tax shelter for your hard earned money, this is a strategy many parents have found to be beneficia
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01/19/2013