If you own investment real estate and aim to advance your position on the investment ladder, a 1031 Exchange could be an ideal strategy. When people hear the term “1031 Exchange,” they often perceive it as challenging due to the assumption that finding a direct exchange partner might be difficult. However, Section 1031 of the […]
Homebuyers gain some purchasing power through higher loan limits and lower mortgage rates
In response to the in property values, the FHFA has declared an increase in the maximum baseline conforming loan limits for Fannie Mae and Freddie Mac-acquired mortgages for home loans in Colorado for the year 2024. As we enter 2024, prospective homebuyers are facing challenges including relatively stable housing prices and an ongoing shortage of […]
At home at the beach: Ensuring a blissful vacation home purchase experience
Row of beach vacation homes. (Shutterstock). Brrrrrr! When January hits Colorado, thoughts turn to finding warmth! A ten-degree day tends to spark daydreams of basking on the beach. Throughout the years, I’ve guided many clients toward Realtors® in their desired vacation spots. What I’ve noticed is that Coloradans often seek out sunny island or beach […]
Give the gift of homeownership: First-time Homebuyer Savings Accounts (FHSA) this holiday season
As the holiday season approaches, you might be considering a lasting, meaningful gift for a family member or loved one. As the holiday season approaches, you might be considering a lasting, meaningful gift for a family member or loved one. In 2023, you have the opportunity to give up to $17,000 without grappling with gift […]
Have you completed your annual real estate checkup?
To monitor and maintain your health, you schedule a physical exam with your doctor each year. To ensure your financial well-being, it is essential to schedule an annual real estate checkup. December is a great time to conduct that review so you can make any adjustments in the year ahead. If you’re not a homeowner […]
Veterans at home with Knock Knock Angels
Scott Matthias, who leads the Colorado chapter of Knock Knock Angels, is second from the left side, pictured with volunteers from the nonprofit. (Photo courtesy: Duane Duggan). November serves as an important time for remembering our Veterans of the Armed Forces and thanking them for their tremendous service to our country. Many of those veterans […]
Hard money lending for real estate
When you hear “hard money loans,” you might picture money changing hands in a dark alley and rough collection techniques when the loan comes due. However, that could not be further from the truth as hard money lending can be a very valuable and useful tool in many real estate transactions. In the “regular” real […]
Options for financing when interest rates go up
The most popular mortgage loan evolved into what is the 30-year amortized loan, which has become one of the primary reasons for increasing the level of homeownership in the United States. Amortizing means some of the principal of the loan amount is paid off each month, allowing homeowners to build equity and avoid a large […]
September 2023 marks the 10-year anniversary of the 2013 flood
When the sun came out and the flood waters receded, many predicted it would take at least 10 years to recover. Now, at the 10-year mark, it is safe to say they were right. Five years ago, if you drove up Boulder Canyon, a sign proclaimed, “Temporary Road Open, Governor Hickenlooper”. Now, a decade post-flood, […]
Using a vision study to increase the value of your property
The value of real estate is often determined by its potential. When a seller places a property on the market, they often have not done any research as to what the best use of the property might be. Knowing exactly what can be done with a property in the future will often bring added value to […]