First-Time Homebuyer

Must-have skills for home buying in Boulder County

Must-have skills for home buying in Boulder County

BOULDER – Experts advise home buyers to get prepared with key skills and resources before entering today’s competitive and complex real estate market. New and savvy home buyers need two essential skills to give them the edge in hot real estate markets, according to...

Will waiting to buy a home cost you more money?

One of the most common dilemmas that home buyers face is deciding when to buy a home. Is it better to buy now? Or is it better to wait? Whether prices are on the rise or are falling, buyers seem to face the same dilemma in making a decision. If you are in this boat,...

Appraisal issues during hot markets

Appraisal issues during hot markets

Home values are rising! Bidding wars and homes selling for above asking price are great news for home sellers. However, it’s important to note that how much a buyer is willing to pay may not necessarily be how much you can sell for. Why? Appraisals do not always keep...

Real Estate Matters: Renting vs. buying- The age-old debate

Real Estate Matters: Renting vs. buying- The age-old debate

Q: I’ve been reading your column with all the letters from homeowners who have all kinds of problems. They sound as though they’d rather be renting rather be homeowners. I’m glad to own my own house and not be renting. When you’re renting, in a way you’re paying your...

What is an interest-only mortgage?

The following article is a summary of content from the book, “Realtor for Life,” written by Duane Duggan. The 30-year fully amortized loan has been the mainstay of real estate financing in the U.S. for decades, yet market conditions often bring about different types...

Seven tips to make moving day go more smoothly

Finally after looking online at hundreds of homes for sale, going to dozens of showings and making it though the offer process, you have a home under contract and will soon be moving. Moving day: No matter how much you plan, it’s tiring, chaotic and stressful. You can...

How to make your offer more appealing

How to make your offer more appealing

You’ve probably heard how hot the real estate market is around the country. Colorado is certainly experiencing low inventory and high demand for homes. Such conditions lead to multiple offer scenarios, which can be a bit frustrating for buyers who are desperately...

HOA basics: What to know before you buy

HOA basics: What to know before you buy

Before signing on the dotted line for your new home, make sure you know what your homeowners association fees are and what they cover. Because most new planned communities have HOAs whether you’re buying a detached home, condo or townhome, factoring in that added cost...

Escrow is valuable tool to protect both buyer and seller

Escrow is valuable tool to protect both buyer and seller

We’ve all seen the notices on top of the real estate signs in front yards: In escrow. Although it sounds foreboding, escrow is part of the homebuying process, and it’s designed to protect the buyer and the seller. The more you know about how escrow works, the less...

Real Estate Matters: 5 questions to ask moving companies

Real Estate Matters: 5 questions to ask moving companies

Are you moving this month? You’re not alone. According to the Census, approximately one in nine people, or about 40 million Americans, move every year. More people move in May than in any other month, according to industry experts. Whether you’re moving into a condo...

Do’s and don’ts of buying a home during a seller’s market

Do’s and don’ts of buying a home during a seller’s market

The market continues to heat up due to high demand and low inventory. If you are looking to purchase a home, you may need to adjust your approach a bit given those market conditions. Here are a few do’s and don’ts to keep in mind. Do’s for buying in a hot market – Do...

How to get rid of private mortgage insurance

How to get rid of private mortgage insurance

If you bought a house with a down payment of less than 20 percent, your lender required you to buy mortgage insurance. The same goes if you refinanced with less than 20 percent equity. Private mortgage insurance, called PMI for short, is expensive. But you can remove...

Who are millennial home buyers?

Who are millennial home buyers?

Early reports by the Pew Research Center, cited millennials (81 million of them) as those individuals born in 1981 and later, up until today. Other researchers capped the era at those born between 1981 or 1982 and 1994 or 1995, which would put the youngest millennials...

Eight things to do before going house hunting

It’s a seller’s market in Boulder County and the Front Range in general. As in the past few springs, we have more buyers than sellers, and the situation does not seem to be getting better – just the opposite. New properties on the market that are priced right are...

Millennials buying up a storm

Here come the millennial home buyers. Finally. For the past decade, since the Great Recession forced so many Americans to put their lives on hold, the world of real estate has been praying for the arrival of millennials on the home buying scene, to begin buying,...

9 grants and programs for first-time homebuyers

Buying a home for the first time can be daunting. In addition to mountains of paperwork and new financial terms to sort through, you'll face costs and fees that can quickly add up. In short, purchasing a home isn't a financial step to take lightly. Perhaps that's why...

Want to buy your first home? Start here.

Want to buy your first home? Start here.

Real estate has its ups and down. Such is life, but statistics show that investing in a home in Boulder County is a good bet over time.    But buying your first home is not so easy. Would be first home buyers often find the down payment and mortgage can be challenging...

Moving? High balance loan limits have increased again

Moving? High balance loan limits have increased again

Anyone looking for a new home knows one thing: they’re expensive. And that leaves prospective homeowners wondering whether they can afford to buy. While some people are able to purchase in cash, the vast majority of us must rely on loans, often high balance ones. High...

Beyond the basics: Features to consider when buying a home

BOULDER COUNTY - If you’re planning on buying a home soon, you probably have a list of “must haves” and an idea of the general features you’re looking for in your perfect house. Most buyers want the obvious positive features: a good floor plan, nice finishes and a...

FHA refinancing tips

FHA mortgages work a bit differently than conventional loans. Understanding the differences can help you save money during the refinance process. If you have an FHA loan, keep these tips in mind. Saving on Mortgage Insurance premiums FHA mortgages include an up-front...

Home showing etiquette 101

Home showing etiquette 101

The busy spring market means lots of showings at lots of properties. This is a stressful time for sellers as they welcome strangers into their homes, all while they are not even present! For home buyers, it is important to abide by certain home showing etiquette...

Tips on preparing to buy or sell this spring

Tips on preparing to buy or sell this spring

Spring is coming! This is the time of year that homeowners start preparing their homes for sale and home buyers start monitoring new listings. If you are planning to buy or sell this Spring/Summer, here are some helpful tips. Preparing a home for sale Yes, it’s time...

Helping buyers choose the right lender

LONGMONT - Imagine sitting at the closing table ready to purchase a dream home. “Everything you own is in a truck sitting outside. You’ve turned in the keys to your previous living space and are ready to sign,” said Realtor Chad Patterson, of RE/MAX Traditions. The...

Ways to save money when buying a home

Ways to save money when buying a home

Buying a home is one of the largest investments that you will make in your lifetime. Naturally, it comes with quite a few up-front expenses. If you’re looking to save some money on your upcoming home purchase, here are a few tips. Increase your credit score If you’re...

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