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 […]
Time is Running Out for the First Time Home Buyer Tax Credit!
YIKES! We don’t have much time! Most first time home buyers started the process earlier this year, hoping to find the perfect home and receive the $8000 tax credit. Many have found that perfect home, a few are still looking, and there are still questions about the tax credit, who qualifies and how […]
Six Months Gone, Only 102 Days Left for Some
As we analyze the first half of the year, Denver Real Estate is looking good. Currently we have 20,251 Active Listings in the MLS, last year we had 26,104 Active Listings. Wow, a 20% reduction in inventory! There is a 4.7 month supply of Single Family Homes and 5.9 month supply of Condos. Traditionally six […]
Buyers: Who is the seller?
When purchasing a home, we all want to negotiate, be clear who your seller is so you can negotiate properly.