Buying a rental property when a baby is born is a great way to save for college. (Photo: Pexels). When it comes to saving for their child’s college education, most parents automatically think of the Colorado College Invest 529 accounts. The main reasons are that contributions can be deducted from Colorado State income tax […]
Archaeology and Historic Preservation Month in Boulder
The Landmark Designation’s purpose is to honor, preserve, and protect buildings and areas that showcase the past. (Photo: Pexels). Boulder County has a rich history and residents actively want to preserve aspects of that past. Every May, Boulder County’s legacy is honored during Archaeology and Historic Preservation Month. In 1974, the City of Boulder created […]
Fair housing month
Fair Housing Month signifies a continued commitment by Realtors® across our country to expand equal access to housing. (Photo: Pexels). The Fair Housing Act was passed in April 1968. Every April since then, the National Association of Realtors® (NAR) has commemorated its passage with events and education that underscore the need to expand inclusion and […]
The new reverse mortgage – Part 2
Colorado is one of the fastest aging states in the country and Boulder County is also rapidly aging. Reverse mortgages are becoming more popular as baby boomers retire and want to maintain their standard of living. The reverse mortgage is a financial tool, which has helped many over 62 years old. In my previous article, […]
Build your real estate wealth one owner-occupied home at a time
Most people start investing real estate by buying their personal residence. (Photo: Pexels). Most people start investing real estate by buying their personal residence. Yet the majority of Americans will stop there in terms of building their real estate portfolio. This is because when people are motivated to buy their first investment property, they […]
The new reverse mortgage Part 1
When it comes to buying a home, you’re never too old. (Photo: Pexels). The Aging at Altitude Expo was held at the Boulder Jewish Community Center on April 23. One of the sessions at the conference explained reverse mortgages as a financial tool for those who are 62 years of age and over. The […]
Wondering if you’re too old to buy a home?
When it comes to buying a home, you’re never too old. (Photo: Pexels). In the spirit of the Daily Camera’s upcoming event, Aging at Altitude Expo, on Sat., April 23, I thought it would be a good time to talk about buying a home during your senior years. Many baby boomers did not buy a home […]
Co-signing a mortgage for a relative Should I or shouldn’t I?
Frequently, first-time homebuyers will turn to relatives to help with a down payment or to co-sign on the loan. However, all the parties involved need to be very aware of the pitfalls before agreeing to this arrangement. (Photo: Pexels). In Boulder County, home prices have risen to record highs in a housing market with […]