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 […]
New Rules for Short Sales…again…for the Denver Real Estate Market
New HAFA Rules: Apply to Short Sales. The rules do not apply to loans that are backed by Freddie or Fannie ask the other agent before showing so you know if the rules apply to the house you are potentially looking at. Will allow borrowers (current sellers) to receive pre-approved short sales terms before listing […]
Open House or Not?
Open Houses are a topic of conversation for Agents Last week on Twitter. One says open houses are for Real Estate Agents to pick up buyers, others say it is to create more exposure for the sellers. Sellers are requesting an “Open House” on a Sunday and they are requesting this because the other agent […]
New Zoning is Affecting Your Friends and Neighbors
On Wednesday December 18th, I attended the last listening session held by City Council and the Planning Board for the NewCodeDenver.com. The people who stood up to give their thoughts had specific valid concerns. I am giving a brief overview of the most voiced concerns. I believe the city will listen and hopefully they start […]
Opportunity is the name of the game this winter.
Yesterday I saw that the Jumbo Loan‘s interest rate is 5% for a 30 year fixed! This is the best news I’ve heard in a year. The Denver real estate market’s upper end stalled last year as the rates and ability to get a jumbo loan ($417,000+) became increasingly harder. People decided to wait if […]