Fannie tightening the reigns

If you’re planning to buy investment property and financing it through a lender who sells to Fannie Mae, keep the date December First in mind. Nail down your mortgage commitments quickly — in the next six weeks if you can.
This is because a traditional source of financing, Fannie Mae, will add more fees for investment […]

Planning to Buy a Home? Check Out This Timeline:

The following is one possible timeline when considering buying a home-especially a first home:
A year out (or as soon as possible)
Get your credit reports.  Errors on your reports can put you in a position to have to pay higher interest or not be able to get a loan at all. You can get free copies […]

Help Yourself Prevent Buyer’s Remorse

If you are thinking of buying your first home, you should take out a pen and paper right now and draw a line down the center of the paper. Calmly and logically, think of all possible advantages to buying a home and write them down on one side of the page. Afterwards, you should list […]

CAVEAT EMPTOR

Owning your own home can be a fantastic thing and the American dream for most but for some it has become the American nightmare.  Poor advice and agents aiming for sales rather than client care and their client’s best interest has been the recipe for disaster.  I have heard agents use words like “instant equity” […]

Power of The One Stop Shop

In today’s competitive world companies are “bundling” services to get you-the consumer, the best deals with the best service possible.  ReLogic offers that to Buyers and Sellers to save consumers money and more importantly time.  ReLogic offers an in-house lender affiliated with Countrywide the largest name in the lending business.  What does this mean to […]

Be Careful With Bank Owned Offers and Contracts

What a market it has been for buyers interested in buying Denver real estate. The subprime mortgage collapse has opened doors to buyers who are seeking great long term investments. Much of this inventory is owned by the banks after the owners had foreclosed on their homes. But what is it like dealing with the […]

Buy Low, Sell High!

Aside from the bad publicity in the media about the real estate market in general, one only has to look at the numbers and apply some common sense. The Denver Real Estate market has seen a downturn in property values the last 18 months. That’s the bad news. The good news […]

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