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 […]
Check out our 1st Article in the Nederland Mountain-Ear!
How to remove PMI from your Mortgage Payment
Duane Duggan, with the Boulder Property Network at RE/MAX of Boulder, sits down with Jessica Shanahan of Premier Lending to discuss the hot topic: How to remove PMI. What does PMI stand for? What is the main thing PMI accomplishes for the borrower? What are the steps that need to be taken in order for […]
Part 2: Should I Buy a Home for My College Student?
In my last article, Part 1 of “Should I Buy a Home for My College Student?”, I discussed how buying a condo or house for your child to live in when they go to college can be a worthwhile investment and can also have financial and other benefits for your college student. As you evaluate […]
Should I Buy a Home for My College Student? -Part 1
Every August, in college towns across America, college students start to return for the fall semester. This always creates a frenzy of real estate activity. The rental market is usually pretty tight in any college town. Because of that, many families consider purchasing a home for their college student to live in while attending school. […]