Posted by Tom Kalinski Founder RE/MAX of Boulder on Friday, April 13th, 2018 The real estate market in Boulder County is red hot, which makes maintaining your mortgage approval a must if you’re shopping for a home. “It can be a lot of work to get your mortgage approved. Once it is approved, it is important not […]
Duane's Timely Topics
Duane's compilation of the most relevant topics to real estate today in Boulder.
Rising Mortgage Rates: To Lock or Not To Lock? That is the Question!
Over the last several years, we have enjoyed record-low mortgage rates and a prevailing sense of relative stability. During times of stability, the question as to whether to lock the interest rate while you are under contract on a home, isn’t as critical as in times of rising interest rates. In recent months, there […]
Part 2: Reverse Mortgage or the Home Equity Conversion Mortgage (HECM)
Colorado is the third-fastest growing state with a population aged 65+ 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 that has helped many over 62 years old. In […]
Part 1: Reverse Mortgage or the Home Equity Conversion Mortgage (HECM)
In 1988, Federal Housing Administration (FHA) reverse mortgage insurance legislation was signed by President Reagan. The only reverse mortgage insured by the Federal Government is called the Home Equity Conversion Mortgage (HECM) and is only available through an FHA approved lender. Although reverse mortgages have been around for some time, they are gaining popularity now […]
Part 2 – Purchasing a New Home When You Need to Sell Your Current Home
There are inherent risks when you are selling one house and buying another, and you may have not control. I will outline options of what to do in this situation. Each of the options has pros and cons. Which option you pick depends on equity levels, qualifying ratios, and other considerations’ In my previous article, […]
Purchasing a new home when you need to sell your current home – Part 1
When you are selling one house and buying another, there are inherent risks that you may not be able to control. I will outline seven options of what to do in these situations. Each of the options has pros and cons. Which option you pick depends on equity levels, qualifying ratios, and other considerations. Welcome […]
Part 2: Is a Vacation or Second Home Purchase in Your Future?
Thinking about buying a vacation home for you and your family to enjoy? There are quite a few things to consider in order to make the vacation home buying experience a happy one. In my previous article, Part 1 of this two-part series, I discussed goals for your vacation home, rental income, and professional […]
What is a Reverse Mortgage?
Join Duane Duggan, with the Boulder Property Network at RE/MAX of Boulder and one of our favorite guests, Jessica Shanahan, with Premier Mortgage, as they explore what a reverse mortgage actually is, who is eligible to apply for one, what is the responsibility for heirs, and much more!
Rental Security Deposits – Great Info!
Duane Duggan with the Boulder Property Network team at RE/MAX of Boulder and resident lawyer, Gina Weinberger of Weinberger Law, discuss rental security deposits and some of the statutes surrounding them.
Buying a Property that is already Leased
Duane Duggan with the Boulder Property Network team at RE/MAX of Boulder, interviews the RE/MAX of Boulder resident attorney, Gina Weinberger of Gina Weinberger Law, to find out what happens if you buy a property that already has a tenant with a lease. Does the lease remain in tact? What should a buyer be aware […]