denverbroker's Blog: All Categories

Is the HOME OWNERSHIP ACCELERATOR Loan the best loan in the United States today - and should you consider using it - to buy or refinance your home?

There is a new mortgage loan available in Denver Colorado (and 41 other states) that combines the effectiveness of a 15 year mortgage loan - combines it with a home equity line of credit on your home - and then combines it with your checking account...so that you can PAY OFF YOUR HOME IN 6-12 YEARS on average!!!

The HOME OWNERSHIP ACCELERATOR Loan compounds interest DAILY, and can permit you to buy or refi a home - yet pay the home off in 5-12 years, without you having to pay extra monthly payments, or have HIGHER monthly payments, or having to do Bi-Weekly or other strict payment rules!!! You can use…

Is it smart to be a "fence-sitter" in 2008 if you are confused about whether you should buy a home - or to rent a house instead? This Realtor thinks that it's actually a pretty simple choice...

The issue facing so many American now, is if they'll get 'burned' financially buying now - as opposed to renting instead. But, in order to break down that decision to see if it's a sound decision - we must examine 2 key components. The first one is how much does rent cost you per month for the same equivalent lifestyle and home size? In certain parts of the country, renting is a very expensive way to live - and monthly rent costs a lot.

The biggest factor on this decision too, is that paying rent gives you NO tax write-off, where as 86-88% of a house payment &…

There are 4 new major "positive" trends in the Denver Colorado real estate market that both BUYERS and home SELLERS had better be aware of - if you are going to survive this summer buying and selling season! Read more about these at http://www.jeffboyce.net/

First, it appears that many home SELLERS have decided to "not" take their Realtors advice to clean up, stage and make your remodeled/updated home look nice for incoming potential BUYERS. This in NOT the "sellers market" of 2005...and you are competing with about 2-3 times as many homes for sale in your neighborhood and surrounding subdivisions. Smelly pet odors, diry or worn out carpet, an outdated kitchen, moldy bathtub grout or ugly paint/wallpaper will NOT get your house sold in 2008. If you…

The new Colorado Foreclosure filings were up 23 percent higher during the 1st quarter in 2008 compared to the 1st quarter 2007, with the most home foreclosure rates found in Adams County and Weld County. Filings are NOT actual foreclosures, they are the initial notifications to cure the defaulting loan after the homeowner doesn't make 3 payments in a row. Read the full report below...

Fortunately, popular cities like Littleton real estate and Highlands Ranch real estate have very low foreclosures, keeping these markets selling strong in MOST neighborhoods.

What are the Top 3 Causes of Foreclosures in Colorado?

The #1 problem causing foreclosures (which is ALSO the #1 problem causing bankruptcies) is that home buyers are NOT financially…