An appraisal requirement is one thing that increases buyers costs. And in the last couple years, as another layer of bureaucracy was added, that cost has increased drastically. In the past appraisals were required for homes over $250,000. Now … [Read more]
Plan for These Hidden Costs of Buying a Home
In planning to buy a home, everyone plans for a down payment; but there are lots of other hidden costs of buying a home. Some things to think about: 1) Home Inspection 2) Radon Test 3) Sewer Scope 4) Homeowner's Insurance 5) Appraisal 6) … [Read more]
Shifting Home Market in Denver
The latest Housing Data from Colorado Association of Realtors continues to show a shifting home market in Denver. The median price of a single family home in the Denver Metro area fell $5,000 to $445,000. Denver metro area single family homes … [Read more]
How Home Buyers Fund Their Home Down Payment
Bankrate.com surveyed 2500 adults to find out how they obtained their funds for a down payment to buy a home. -47% saved the money for the downpayment themselves -21% used home buyer grants or loan assitance programs -21% received financial … [Read more]
How Home Appraisals Protect The Buyer
How do Home Appraisals Protect The Buyer? You have finally found the home of your dreams, but there are two other people that are also interested and are submitting competing offers. So you offer a little more to make sure that you win the … [Read more]
September Denver Area Real Estate Market Overview
The Denver Area Real Estate Market final figures for August shows 13.2% more homes were for sale (13,442) this August vs August of 2018. Encouraging news for buyers - more homes to choose from and less buyers competing with you. The Average Sold … [Read more]
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