Sample homes in Denver:
This home is 728 feet and is around $200,000 price range
This home is 1709 sq. feet and is around $450,000 price range.
New FHA rules require condominium associations to update their certifications more frequently. It is very important that your HOA Board or Management Company keeps their certification current. If they allow their certification to lapse, it could drastically affect the owner’s ability to sell their condo unit. That would cause the owner to be unable to offer FHA financing for their home – and in the lower price ranges, FHA financing can account for up to 80% of the buyers in the market. If you need help determining the status of your HOA Condo Certification before deciding to sell, call Vickie… Read More
A recent Realtor.com report for March statistics show that Denver area real estate market is No. 2 in the nation for the shortest time period, 33 days, that a home is listed for sale before being sold. That’s a very large drop, 28% from the length of time a home took to sell this time last year. The median time period throughout the nation before a home is sold is 89 days. So our Denver metro area market is moving much faster than almost all of the other markets in the nation. Our Denver area median price is $259,900 which… Read More
Staging your home for sale is one of the most important things that you can do in preparing your home for sale. It will help your home sell faster and for more money for these 8 reasons: 1) Staging will increase the desirability of your home because it will depersonalize the style of your home so it will appeal to more buyers. 2) Staged homes look better in videos, internet and print marketing; 3) Stage homes look better in person than other homes on the market; 4) Stage homes are viewed by buyers as being well maintained; 5) Appraisers consider staged… Read More
Greg Rand, CEO from OwnAmerica, is conducting a seminar called “Build Wealth with Colorado Real Estate” on March 14th at the Marriott Denver Tech Center. I agree with Greg that Denver is a great place to invest right now – to buy single family or up to 4 plexes for rentals. Our foreclosure rates are almost 1/2 the rate of the national average for foreclosures. The rental rates are rising due to supply vs demand. The average age of residents is young (31); they love the low cost of housing, fresh air, mountains, biking, hiking and skiing opportunities. Colorado hosts… Read More
This week a historical settlement of around $25 billion was announced. The settlement includes 5 large banks/mortgage companies: Bank of America, JP Morgan Chase, Wells Fargo, Citi and Ally (used to be GMAC). This is in response to charges that the banks illegally signed foreclosure related documents without the documents being properly notarized and without knowing whether the facts they contained were correct – commonly referred to as “Robo-signing”. This settlement excludes Fannie Mae and Freddie Mac-backed loans which are not eligible for the benefits. Some of these programs will not require a credit check or income verification. Four categories… Read More
You may have decided that instead of changing homes, you will just do some remodeling on your current home or some updating in strategic rooms. But the burning question is, which remodeling projects will give you the best return for your dollar? It’s always been my opinion that a fresh coat of designer paint will give you by far the best bang for your buck. Of course, bathrooms and kitchens are also big targets for improvements. Or should you finish off your basement? One thing you should consider before spending any money is are you making the improvements just for… Read More
Vickie Hall, Denver Home Finder Service, interviews Gail LaGreca, Senior Loan Officer at Nova Home Loans. Gail gives tips on what to do or not do between loan application and closing on a mortgage loan in the process of buying a Denver metro area home. Lines of Credit, buying new items, changing jobs and moving money are all topics that Gail covers. If you think this is the right time for you to buy, and/or invest in rental properties, search here. Or call or text me, Vickie Hall, at 303-944-1153.
Are you a bargain hunter? We buy new clothes when they are on sale. We buy new TV’s when they are on sale. We buy new cars when they are on sale. We normally buy everything we want and need when that item is on sale. Why? We all want a good deal. So, if you follow this pattern and want to buy real estate when it’s on sale, now is the perfect time. If you think this is the right time for you to buy, and/or invest in rental properties, search here. Or call or text me, Vickie Hall,… Read More
Good News for some delinquent homeowners.. Fannie Mae says it will suspend evictions for single-family foreclosures and two- to four-unit properties during the holiday season, from Dec. 19 through Jan. 2, 2012. Just a little Christmas gift from Fannie Mae. Full Article Here If you need help on your real estate goals, give me a call for your free consultation, Vickie Hall, 303-944-1153
Did you know that the Brookings Institution this year named Denver as one of the fastest recovering cities in the nation? The Mountain States Employers Council Survey found that 42% of Colorado companies plan to hire new workers in 2011. As of Oct. 1, 2011 our state’s unemployment rate is 8.1%, down from 9.1% in January of 2011. (The National unemployment rate is 9.0%) As the city recovers and unemployment decreases in the Denver metro area, traditionally you have increased demand. Increased demand traditionally leads to higher prices. If you think this is the right time for you to buy,… Read More
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