Tips for buyers including first time buyers.
Did you know that there is a difference between a REALTOR®, and a real estate agent? When I first became a real estate agent I thought that if you were a real estate agent you were also a REALTOR®. I was wrong, there’s a big difference. The real estate industry in Colorado is regulated by…
Tips For Buying in a Seller’s Market Today, a typical buyer in the Denver Metro area who is looking for a home in the $150,000 to $400,000 range will have to compete with multiple offers. This can be an incredibly frustrating experience, especially when a buyer loses out on a house they loved while prices…
Times are rough for home buyers in Denver these days. They spend months searching over limited inventory, race to write offers on properties they like, and often have to offer $10,000 – $30,000 over the listing price just to have their offer considered. When a listing agent reviews offers with the seller one factor they…
I keep telling those that inquire about the real estate market in Denver that it is insane, unless you are a “move-up buyer”. This week realtor.com ranked Denver fourth in their list of The 20 Hottest Housing Markets in the US Right Now, and with good reason. Last month sales prices in Denver leapt 6.3%…
Buyer Boot Camp #2: The Two-Year Rule, Keep Your Job If you started a new job today, one with higher pay and great end of quarter bonuses, congratulations! But, it will be two-years until you can qualify for a mortgage with that new job. Just like you learned in Buyer Boot Camp #1, it’s…
You’ve done the research and know that buying a home is the best big-ticket purchase you will ever make, so what’s next? Buyer Boot Camp #1: Check your credit score. A FICO score is a three-digit number that determines the interest rate you will pay on your credit cards, car loan, home mortgage, and is connected…
Sure renting is convenient. Renting makes you feel like you can leave at anytime. You aren’t responsible for major improvements or if the toilet starts to leak. And owning a home is expensive, right? If you are or have been renting in the Denver metro area for more than two and a half years I recommend…
