Have you considered where you will live when you retire? Would it be in Colorado or elsewhere, and what would the home look like? The sooner you think about this and take action the better. The earlier in your life you start saving, the more time there is to grow your retirement nest egg. In […]
Owner Financing Real Estate in Colorado
By Duane Duggan, Realtor, RE/MAX of Boulder Published in Daily Camera’s At Home section on Nov. 1, 2019 Owner financing is when a real estate owner has enough equity to loan all or part of the money for a buyer’s purchase of their real estate. Carrying the financing on a home can be an attractive […]
First-time homebuyers, now is the time
It is never easy to be a first-time homebuyer, but now is the time to pay attention and get rolling to purchase a home. Interest rates are low and financing programs are available with lower than 20 percent down payment required. It’s never been easy to be a first-time homebuyer, especially in Boulder County. It […]
Powerful tool: Realtors® Property Resource (RPR)
Not all licensed real estate agents are the same. Only those who are members of the National Association of Realtors (NAR) are properly referred to as “Realtors®”. Realtors are committed to treat all parties in a transaction honestly. They subscribe to a strict code of ethics and are expected to maintain an expert level of […]
Average and median prices of single-family homes
(Photo: Bigstock). Over my career, many people have asked me about the pricing hierarchy in our real estate market. By pricing hierarchy, I mean comparing the average and median prices of homes in our various market areas. California first coined the term “drive until you qualify,” as in the distance you have to drive from […]
Getting smart about SmartRegs for rentals
The December 31 deadline for SmartRegs compliance for residential rental properties in the city of Boulder is looming. When the City Council adopted the ordinance on September 21, 2010, the deadline seemed far in the future. However, that deadline is now only four months away. Recently, I heard owners of residential rental property in Boulder […]
Role of the Appraisal in Your Home Purchase
Posted by Duane Duggan, The Boulder Property Network at RE/MAX of Boulder If you are obtaining a new loan to purchase a property, the mortgage lender will almost always require an appraisal. An appraisal is an independent opinion of the market value of the property. The appraiser is actually hired by the lender, therefore the […]
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