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 … [Read more]
Which Remodeling Projects Pay Off Most?
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 … [Read more]
Denver Mortgage Lender talks to Buyers
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 … [Read more]
Good News for Some Delinquent Homeowners…
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 … [Read more]
Good Economic News For Denver
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. … [Read more]
Vacancy Rates are Dropping
Did you know that the Colorado Division of Housing reported that the 2nd quarter vacancy rate for metro Denver was only 2.6%. Denver's vacancy rate has never been lower. In my opinion, one of the reasons for the rental market to have such low … [Read more]