I recently represented a couple in buying a new construction home south of the city of Denver. When we went in to negotiate the price, terms, lot, and model of the home, here is what we heard from the on-site sales manager:
Archive for the ‘Foreclosures’ Category
On January 17 of this year, the Consumer Protection Bureau (CPB) released the new rules that apply to mortgage servicers in an effort to protect homeowners from foreclosures.
While the days of getting a house at a steal of a price might be gone it doesn’t mean there aren’t opportunities for home buyers today. Ever hear of a HUD home? HUD stands for (Department of) Housing and Urban Development. These are homes owned and sold by the government. They work a little bit differently than your standard real estate transaction and I’m going to show you the ropes of HUD’s.
We are just five weeks away from another Presidential election. So how does that impact the real estate market? Typically, the real estate market tends to slow down in an election year, usually as you get closer to the actual date.
Recently, we have been running into some buyers that are still looking for that killer deal. You know what I am talking about, it’s the foreclosure that was at six million, now only 3 million and the buyer thinks he can get the bank to take 1.5 million.
Buyers must act fast to get dream home. By Steve Raabe The Denver Post. New advice from the trenches on buying a home: Look early. Think fast. Hone your quick-draw skills with the checkbook. Metro Denver’s real estate market, not long ago a buyer’s domain, suddenly has shifted to a seller’s paradise, at least in [...]
Being in the real estate business, I hear people grumbling all the time about the market. It comes from buyers, sellers, and agents. I often wonder if they really know how blessed we are in Colorado compared to other real estate markets across the country.
When I am out showing homes to buyers, you can start to get a feel of what’s going on in each home that you visit. The feeling you get more than anything else these days is one word…DIVORCE!
This incredible new construction luxury home in Greenwood Village is now half price. Still new and once priced at 6.2 million this 9000+ sq.ft. home is now just 3.3 million.
Rarely is a movie sequel better than the original. I feared that HARP II (Home Affordable Refinance Program) would be another empty “cotton candy” promise from Washington with a lot of fluff and no substance.