Homebuyers and home sellers hire real estate brokers to assist them with what is commonly the largest financial transaction in most people’s lives. In today’s real estate world, there is a copious variety of business models seeking to serve the needs of homebuyers and sellers. As markets change, types of real estate business models change […]
Duane's Timely Topics
Duane's compilation of the most relevant topics to real estate today in Boulder.
Buying or Selling a Home? Consider Using a CRS
In order to earn a real estate license in Colorado, an applicant must complete a total of 168 hours of coursework covering real estate law and practice, Colorado contracts, trust accounts, legal issues, closings, and practical applications. Colorado has much more stringent educational requirements than other states. Therefore, after agents are licensed and can […]
Measuring square footage in single-family homes, condos and townhomes
Single family homes are usually measured using outside measurements, meaning the width of the wall is included in the total square footage number. If you have three different professionals measure a home, you will likely be presented with three slightly different results. Why is that? Different standards, rounding differences, and local customs are just a […]
Co-signing a Mortgage for a Relative — Should I or Should I Not?
As prices of homes have increased steadily, it has been more difficult for first-time home buyers to enter the real estate market. Often first-time home buyers will turn to relatives to help with a down payment or co-signing on the loan. However, all parties involved need to go in with their eyes wide open […]
Alternative Financing When Mortgage Interest Rates Rise – Then and Now
When interest rates on mortgage loans climbed to historic levels in the 1980s, it was very hard for home buyers to sign on to a 16% mortgage loan. Even though it was pretty tough times, the real estate industry had tools to keep the market moving. If a mortgage holder was a Colorado savings […]
What You Need to Know About Homeowners Associations
If you are buying any property, whether it is land, house, condo, or townhome, there might be a Homeowners Association (HOA) involved. Knowing as much as you can about the HOA will help you make a quality decision in the homebuying process. – An HOA will provide a number of services and benefits to the […]
The Voice of Colorado Real Estate: The Colorado Association of Realtors
Knowing the statistics in your market will help you and your Realtor make qualified and informed decisions on what may be the biggest investment of your life. One of the goals of the Colorado Association of Realtors® (CAR) is to be the voice of Colorado real estate. In this capacity, CAR is an invaluable, direct source […]
Part 2 – Holiday Gift Ideas for First-Time Home Buyers
An exceptional gift idea is helping your relative or loved one with an interest rate or mortgage buydown. (Photo: BigStock) The holiday season is upon us and you may be thinking about finding a special or unique gift your family member or loved one could use for years to come. In my previous article entitled, […]
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