The Federal Housing Finance Agency (FHFA), which is the regulator of Fannie Mae and Freddie Mac, announced that they are rescinding the new LLPA fees
You’re under contract, now what?
In Denver, when any of my clients have their homes go under contract I have a tried and true working list of things that need to happen to have a successful closing.
LLPA Changes Official as of May 1st
The release of the new LLPA structure had been delayed but it is official as of May 1st across the country, including here in Colorado.
Is My Primary Residence an Investment?
Many view a primary residence as just a home, not an investment, however real estate appreciates over time. Buying a home is the most financially significant thing we do in life and because of that we want to make sure we’re spending our money wisely.
7 Steps to Showing Your Home While Living In It
As we prepare to present your home to the public marketplace, the condition of it is king as it greatly influences the selling price.
From Chicago to Denver: A client success story
This client success story focuses on a client who was referred to me after relocating to Colorado. This success story is even more delightful when a Realtor colleague in another state refers me to a previous client relocating from out of state to the Denver area.
5 Benefits to Buying a Home – Even In An Uncertain Market
Certainly, hot button topics like current market conditions, the economy, home prices and available inventory impact a buyer’s ability to navigate an uncertain market. It can be a lot to take in and the media likes to inflame these areas and create fear.
What does the new LLPA structure mean for me?
Last week, we started talking about credit in general and the new LLPA (Loan Level Price Adjustment) structure. This week, we’re going to dig more into what the LLPA is and what the new changes enforced by Fannie Mae and Freddie mac mean for the average homebuyer. The new LLPA structure will be in full force May 1st and will …
Does Credit Score Matter When Buying a Home?
Whether you are a first-time buyer, experienced home buyer or someone who wants to buy multiple rental properties, the subject of your credit score will come up. You may also hear this referred to as your FICO score.
Should I sell my home before buying another?
Assuming that we’re only speaking about primary residence homes and not rental property or vacation homes, here are some factors you should consider:
Welcome to Colorado: A Client Success Story
The greatest joy I get in doing real estate as a profession is the impact I can make in helping families move from a life they have to a life they dream about. This is even more delightful when a past client refers me to a work colleague relocating from out of state to the Denver area.
Month-End Recap: Denver Real Estate January 2023
Overall: As expected, now that holidays have passed and most folks are back to business as usual showings are up, contract submittals are up and days on market are coming down.
What’s going on with interest rates in 2023?
Simply, interest rates influence how much a mortgage is both in a lifetime and a monthly payment. In the last few weeks of January 2023, we’ve seen interest rates hover around the upper-5% to lower-6% range for a 30-year fixed rate mortgage
2023 Housing Trends for Buyers, Sellers and More in Denver, Part 2
Last week, in part 1 of this series, we talked about 2022 market recap and buyer trends we’ll likely see in 2023. This week, we’ll continue by talking about seller trends and hot topics to keep in mind for this new year. Remember, CHR CEO Matt Hudson estimates a strong year overall for 2023 and says sellers will have a …
2023 Housing Trends for Buyers, Sellers and More in Denver, Part 1
We believe Colorado real estate will be strong in 2023, most likely experiencing a 2-5% appreciation in the first half of the year. Inventory will remain relatively low as a result of current homeowners’ reluctance to give up their existing low-rate mortgage
Denver Market Recap for Year-End 2022
I enjoy providing my clients with any kind of helpful resource or data I can, so as part of an ongoing series from Colorado Home Realty (CHR), I’m going to start sharing market recaps every month so you can know where we stand so you can make the best decision for you and your circumstances.
Remodeling Projects That Can Help Your Home Value (Pt. 2)
As mentioned, even in this market, home repairs can be detrimental to your home’s overall value. There are certain projects that can decrease the value and the price of your home.
Remodeling Projects That Can Help Your Home Value (Pt. 1)
Major home remodeling can be costly and inconvenient, but it can also greatly raise the value of your house. Even in this market, home repairs can be beneficial to your home’s overall value.
Pros and cons of buying down an interest rate
In short, buying down interest rates is when a buyer puts down more money upfront to reduce interest rates and the mortgage amount in total
Getting your home and yard ready for winter
As we all collectively lay back and finish digesting the big meal from the Thanksgiving holiday this week and enjoy our time with friends and family, we may be reflecting on the year we’re in as well as the pending new year ahead. Holiday season is officially upon us and hopefully many happy gatherings lay ahead which means a lot …