Posts Tagged ‘home buying’
Offering a Few Takeaways from the 2024 Builder Panel: Is a New Build for You?
With the continuing high prices for resale homes and interest rates between 6.5% and 7%, many of my clients have considered purchasing a new build instead of a resale home. Every year I attend the Builder Panel Lunch sponsored by the Builder Realty Council. Each year’s agenda varies from overall builder issues to concerns about…
Read MoreRecover Funds You Paid to Sell Your Home: Remember May 9, 2025
A $$ light at the end of a confusing tunnel? Remember May 9, 2025! Do you qualify? Over the last few months, I have commented on the new NAR (National Association of Realtors) requirements and contracts for buying or selling a home. The last 50 years of the “good ole” days of real estate are…
Read MoreYour Essential Guide to Budgeting for Home Ownership
Budgeting is a crucial first step when considering purchasing a home, as it lays the foundation for financial stability throughout the buying process and beyond. To determine how much you can afford, it’s essential to carefully assess your income, expenses, and savings, especially focusing on the down payment. Your income serves as the primary source…
Read MoreCreative Ideas for First-Time Homebuyers Down Payment Assistance
I purchased my first home in the late 1970s. It took me several years while working two jobs to save $2,000 for the down payment. I proudly bought my 900 square feet home for $22,000 with an 18% mortgage interest rate. Yes, that’s correct, an 18% interest rate. And I almost didn’t qualify because I…
Read MoreFirst-Time Home Buyers Pain—Be “Savvy”
As we begin the new year, I am thinking about our first-time home buyers and their potential “pain” in the real estate marketplace. The American dream has been—since the 1950s—to own a home. This dream is still strong in 2024, but we need to be financially “savvy.” Home prices are much higher, mortgage rates are…
Read MoreHot Housing Market? Make YOUR offer Stand Out
With inventory at an all-time low, Denver buyers are facing heavy competition. Here are some tips from an experienced realtor on how to make your offer stand out! 1) Be as flexible as you can on closing time frames for closing. Call the listing agent to see if there are particular circumstances for the Seller…
Read MoreDon't Get Scorched in a Hot Real Estate Market–Find a Good Realtor!
With multiple on-line search engines at your fingertips, why work with a realtor when buying a home or investment property? Why not look at properties on your own and try to cut a deal with the selling broker? In fact, what does a buying broker do for you that you can’t do for yourself? Excellent…
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