Low Rate = Lower Payment

Late last year and early this year there was a lot of press about the $8,000 Tax Credit for home buyers.  After that expired you might have felt like you missed a great deal and decided not to buy.  Believe it or not, interest rates are so low right now that you can save more in the first five years of...

Update the Countertops?

I was recently considering moving my family to a new home.  This is part of working in Real Estate – I see beautiful homes all of the time, and I also see homes that need a lot of work but have a ton of potential. This is how we landed in our current home – it was a foreclosure, and we went to...

Buying a Short Sale in Denver

If you are looking for a new place in Denver, and your price range is hovering anywhere in the Under $200,000 range, chances are you are coming across many Short Sales. Don’t run away screaming, or refuse to look at them…because with a little patience you could get a great deal. Plus, if you...

Denver Home Sales Down, Prices Up

I’ve heard agents around the office lately commenting on the fact that showings on their listings have slowed down a bit since the Homebuyer Tax Credit expired, and I have seen some of this with the LIVE Local Team listings.  We have a handful of properties in the $250-300,000 price range that are...

Tax Credit Deadline Extension in Jeopardy

Up to 180,000 home buyers will lose their tax credit through no fault of their own if Congress fails to pass an extension to the home buyer tax credit by June 30 when the closing deadline expires. Included in that number are thousands of home buyers in every state of the union, from 390 in Wyoming to 17,700...

Tax Credit Closing Deadline Extended to September 30 by Senate

The Senate has amended a bill to give homebuyers who were under contract on a home purchase by April 30 an additional three months to close the deal and claim the federal homebuyer tax credit. Extending the deadline for closing from June 30 to Sept. 30 would allow lenders more time to clear a backlog of...