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 of home owners are affected:
1)Those that lost their homes;
2)Those that are struggling/behind in payments and underwater on their loan (underwater means the balance of their mortgages is more than the value of their home);
3)Those who are current on their loan but underwater on the balance of their loan and, therefore, unable to refinance;
4) Some unemployed homeowners, some seeking short sales and some situations where a military owner has been transferred.

Learn more about the settlement on NationalMortgageSettlement.com

More details can be found at “What The Mortgage Settlement Means to You“.

If you need a private consultation on your particular real estate situation, call or text me (Vickie Hall) at 303-944-1153 or email me at Vickie@DreamsCanHappen.com.

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 the resale value? Or are you making the improvements to enjoy your home more? Or both?

This report from Realtor.com will help you make an informed decision.

2011-2012 Cost vs Value Report

If you need a private consultation on your particular real estate situation, call or text me (Vickie Hall) at 303-944-1153 or email me at Vickie@DreamsCanHappen.com.

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.

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, at 303-944-1153.

Credit goes to Lonnie Glessner at America’s Mortgage, LLC for his research and statistics in this article.
303-993-2367 Lonnie@EndingFinancialInsanity.com

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

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, and/or invest in rental properties, search here. Or call or text me, Vickie Hall, at 303-944-1153.

Credit goes to Lonnie Glessner at America’s Mortgage, LLC for his research and statistics in this article.
303-993-2367 Lonnie@EndingFinancialInsanity.com

Only 2,418 new permits for condos, townhouses, and single family homes in the Denver metro area were pulled in the first 7 months of 2011, down 4.95% from 2010.

Historically Denver needs to add about 4,500 new apartments a year to keep up with population growth.

Jeff Hawks, a principal of Apartment Realty Advisors says “By 2015, we are going to need 30,000 more units just to meet demand.”

If you are currently renting, expect your rent costs to increase steadily.

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.

Credit goes to Lonnie Glessner at America’s Mortgage, LLC for his research and statistics in this article.
303-993-2367 Lonnie@EndingFinancialInsanity.com

There are 51.5 million potential First Time Home Buyer’s born between 1979 and 1991, roughly 6 million MORE than we saw with Baby Boomers!

Forbes Magazine named Denver the 7th best city for young professionals for those with a college degree ages 25-34.

Combine those two facts, that there are so many First Time Home Buyers that will be ready to buy and that the Denver area is a very desirable city for young professionals, demand for housing is heading in a great direction.

If you think this is the right time for you to buy, and/or invest in rental properties, search here.

Credit goes to Lonnie Glessner at America’s Mortgage, LLC for his research and statistics in this article.
303-993-2367 Lonnie@EndingFinancialInsanity.com

In my opinion, one of the reasons for the rental market to have such low vacancy rates is the number of people that have lost their homes have become renters instead of owners.

The basic economic law of supply and demand will continue to cause rental rates to rise as renters become more abundant and rental home supply stays the same.

Rent.com is forecasting that nationally apartment rents will rise 4.5% this year and another 3.0% in 2012.

To avoid rising living expenses you could consider buying a home for which you can lock in your monthly costs at closing.

Trulia said that Denver is one of 74 large cities where it’s cheaper to buy than to rent.

http://insights.truliablog.com/vis/rent-vs-buy-q3/

If you think this is the right time for you to buy, and/or invest in rental properties, search here.

Credit goes to Lonnie Glessner at America’s Mortgage, LLC for his research and statistics in this article.
303-993-2367 Lonnie@EndingFinancialInsanity.com

A Trulia survey found that 78% of homeowners say their home is the best investment they ever made.

87% of homeowners and 64% of renters agree or strongly agree that owning a home provides a healthy & stable environment for raising a family.

77% of homeowners believe owning a home helps them meet their long-term financial goals.

If you’re one of those 77% and do not currently own a home, and/or if you’d like to start looking at real estate opportunities, search here.

Credit goes to Lonnie Glessner at America’s Mortgage, LLC for his research and statistics in this article.
303-993-2367 Lonnie@EndingFinancialInsanity.com