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 […]
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 […]
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 […]
You can’t outsave the market: the lowdown on low down payments
First-time home buyers frequently face the challenge of saving for a large enough down payment for their first home purchase. (Photo: Pexels). First-time home buyers frequently face the challenge of saving for a large enough down payment for their first home purchase. Home price appreciation rates along the Front Range often exceed 10% a year, […]
At Home with Diversity
At Home with Diversity® educates thousands of Realtors to work fairly and effectively with a changing and increasingly diverse pool of home buyers and home sellers. (Photo: Yan Krukov, Pexels). During the holidays, as we gather with family and friends – and celebrate sharing, togetherness, and “Peace on Earth” – we can express our […]
Gift of a lifetime for first-time home buyers – Part 2
An exceptional gift idea is helping your relative or loved one with an interest rate or mortgage buydown. (Photo: Pexels). 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 […]
Gift of a lifetime for first-time home buyers – Part 1
For 29 percent of first-time home buyers, saving for a down payment on a home is the most challenging step in the home buying process, according to the 2021 Profile of Home Buyers and Sellers report by the National Association of Realtors® (NAR). Jessica Lautz, vice president of demographics and behavioral insights at NAR says, […]
Buying a multi-unit with owner-occupied FHA Financing
With the right planning, buying a multi-unit and living in one of the units could be a great way to start your real estate investment portfolio. (Photo: Pexels). When most people think of buying a home, condos, townhouses, or single-family houses usually come to mind. It is very rare that you might think of buying […]
A post-closing occupancy agreement: How does it work?
Using a Post-Closing Occupancy Agreement with all the issues discussed and agreed upon can be a great tool for creating a seamless home sale to meet the needs of all parties involved. (Photo: Pexels). In the Boulder-area market, possession of a home most commonly happens upon delivery of the deed. In other words, the home […]
Grow your real estate wealth one owner-occupied home at a time
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 are often told they will need a 20- or 25-percent down payment. Finding it […]