If you are thinking you want to negotiate a seller to death, make her/him bleed to death by nickel and dimming over every single tiny inspection item or maybe just keep kicking him/her in the teeth by asking for more off of the price of the house with every opportunity presented, so you can get […]
What if the Appraisal Comes Back too Low?
What if the appraisal comes back too low? It seems to be happening a lot over the past couple years in the Denver Metro Area. Real estate agents are doing CMA’s (comparative market analysis) from the Buyer’s point of view and from the Seller’s point of view when pricing the property and when making offers. […]
November 2011 Home Sales | City & County of Denver
The Denver Metro Area inventory of homes for sale has hit another low this month. We are at 12,100 homes and condos for sale. We haven’t had this little of inventory since the early 1990s. As you look at the graph, there are a couple red bars indicating that there is a buyers market…80202 is […]
October 2011 Home Sales | City & County of Denver
Click on the chart to make it larger. A couple of things stand out when I took my first glance at this chart: 1. There are more “Seller’s Markets” than “Balanced or Buyer’s Markets” in the Denver Real Estate Market! 2. Only 97 Days on the Market 3. If we took out the distressed properties […]
Am I Going to Loose My Earnest Money?
Am I going to lose my earnest money? This is a question that is asked by every buyer almost every buyer I have ever worked for. The basic answer is: No. If you follow the dates and deadlines in the contract. Yes. If you DO NOT follow the dates and deadlines in the contract. It […]