Frequently, first-time homebuyers will turn to relatives to help with a down payment or to cosign on the loan. In Boulder County, the prices of homes have risen steadily, and even more so this year with very low inventory and high buyer and investor demand. Due to this, it has been much more difficult for […]
Buying College Housing Starts Now — Part 2
In my last article, Part 1 of “Buying College Housing Starts Now,” I discussed how purchasing a condo or house for your child to live in while attending college can be a worthwhile investment and can provide financial as well as other benefits for your college student. As you evaluate this decision, here’s a guide […]
Buying college housing starts now – Part 1
A college property purchase can prove to be an astute financial investment as well as a superb learning experience for the student. In college towns across the country every August, college students start returning for the fall semester, generating a torrent of real estate activity. Because the rental housing market tends to be tight in […]
June is home ownership month! Homeownership matters!
NAR’s “Social Benefits of Homeownership and Stable Housing” report reveals that homeowners are happier and healthier. They tend to vote more, volunteer more, and contribute more to their neighborhoods. Historically, June is one of the busiest months for real estate activity, so much so that the National Association of Realtors® (NAR) has celebrated June […]
Last year set the stage for April’s Fair Housing Month
The National Association of Realtors® (NAR) continues to be an industry leader in fair housing. Last year set the stage for a progressive movement in the fair housing world to support equal opportunity and ensure that people are not discriminated against with regard to housing. In fact, the leadership of the National Association of Realtors […]
Removing Private Mortgage Insurance (PMI) from your mortgage
PMI is usually required on conventional home loans for which the down payment is less than 20 percent. When one thinks of “mortgage insurance” some will think of a type of life insurance that if you die, the mortgage on your house is paid off for the benefit of the survivors. Private Mortgage Insurance, known […]
Owner financing in real estate
Owner financing is an alternative to a using a mortgage lender or bank. (Photo: Pexels). Owner financing is an alternative to a using a mortgage lender or bank. Also known as seller financing, owner financing is when a real estate owner has enough equity to loan all or part of the money for a buyer’s […]
Coronavirus and Buying a College Condo – Part 2
In my last article, Part 1 of “Coronavirus and Buying a College Condo” I discussed how buying a condo or house for your child to live in when going to college can be a worthwhile investment and can also have financial as well as other benefits for your college student. As you evaluate this decision, […]
Coronavirus and buying a college condo – Part 1
Every August in college towns across the country college students return for the fall semester. This year is an exception due to coronavirus, although for the colleges that are holding in-person and not just online classes, it has had a drastic effect on housing for college students. The virus has made the close proximity of […]
Coronavirus and College Student Housing
2020 will be a year we all remember for a variety of reasons COVID-19 most of all but for college students, this school year will start out like no other. Boulder, Greeley and Fort Collins are college towns, and thousands of students are ready to come to the region to start or continue their college […]