Real Estate Tips

Nov. 21, 2014

Denver Real Estate ~ What is a 1031 Exchange?

What is a 1031 #tax deferred exchange?

For #real estate investors, whether they be on-purpose professionals or reluctant owners who had to hold onto a  property as a rental because at the time it wasn’t selling, doing a #1031 exchange can save #investment dollars. The 1031 Tax Deferred Exchange ...

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June 7, 2011

How to Buy A Foreclosed Home

Denver foreclosure

This old place might take a little more than a handyman!

This week I was speaking to a lady who is thinking about purchasing a home on her own.  She's very handy at fixing up properties and has done it in the past with a spouse.  Now that she ...

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Posted in Real Estate Tips
May 2, 2011

Your Delinquent Mortgage Affects Your FICO Score

Denver Foreclosure Information

Working with homeowners in distress often brings many questions.  Some questions I can answer with ease, others I have to look to others to find.

When it comes to your FICO score there are certain factors that effect it.  FICO Scores use mathematical models taking ...

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Feb. 14, 2011

2 Big Time Lenders Get Loose ~ With Lending

Wells Fargo and Quicken Loans have come public saying they will lend to borrowers with a 580 FICO score or better.

This may not be so surprising to many as this has been the guidelines all along.  Well supposedly, in reality the banks CAN lend at 580 FICO or ...

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July 9, 2010

Denver Real Estate Talking Points

We've all be anxiously awaiting the Denver real estate statistics to see how sales went after the tax rebate was over.  The results are in and frankly we are a little surprised.  The numbers are better than we expected.

July 8, 2010

  1. The average sales price jumped ...
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June 12, 2010

Bank of America? Too Big to Fail? Well Listen Up You Just Got An F-

Bank of America RIP

This is a tale of misplaced loyalty, abuse, incompetence, anger and hours of wasted time.

Yes we had a closing today, Friday.  It was the closing that was scheduled to happen yesterday and before that on Tuesday, before that on Monday only because the lender ...

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Posted in Real Estate Tips
April 11, 2010

15-Minute Fixes For Around The Home

Home maintenance is an ongoing project. There's always something to do around the house, or something to fix. The problem is, you may not have the time, or the skills, to get it done yourself.

In this 4-minute piece from The Today Show on NBC, you'll seesome ...

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Feb. 3, 2010

Interest Rates - What's the Low Down?

Jet trails should go up, not interest rates!Funny how when things are good people, tend to forget that things are good, and good things don't necessarily last forever.  I'm referring to interest rates.

The other day, a client made mention of a "high interest rate" being 6%.  It struck me funny,although I ...

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Jan. 30, 2010

FHA is Changing Rules and the Scope of Qualifying for Buyers

Recent announcements by FHA will have impacts on our spring time (and beyond) buyers.  The rules mean more money down and higher payments, here's the scoop:

  1. Beginning April 1, 2010 the Upfront MIP is increasing from 1.75 to 2.25.  (MIP is the Mortgage Insurance Premium ...
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Jan. 27, 2010

A Simple Explanation Of The Federal Reserve Statement (January 27, 2010 Edition)

Putting the FOMC statement in plain EnglishThe Federal Open Market Committee voted to leave the #fed funds rate within its target range of 0.000-0.250 percent.

In its press release, the #fomc noted that the U.S. economy “has continued to strengthen”, that the jobs markets is getting better, and that financial markets are supportive ...

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