Ro Troia

Archive for July, 2008

Freddie Mac and Fanny Mae bailout approved

I am sure that most of you already know the bailout of Fanny Mae and Freddie mac has been approved. Supporters of the bill hope that this will slow down the increasing amount of foreclosures and help more families be able to keep their homes.  Critics of the bill fear that this will cost the average american taxpayer more than is necessary.

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Say What? You Fired Your Realtor?

Another one bites the dust!  I know there are tons of people out there that are frustrated because no one is coming to look at their house for sale – right?  Well than it makes sense to Fire Your Realtor!   That’s OK, another Realtor will come along and promise to sell your house for “that” special price  bring in tons of buyers.  Yes – Real Estate is emotional!  Yes and….Real Estate is still a great investment.  Should you fire or should you keep the same Realtor?  That is a good question.   I admit, most people are a little weary anyway when their real estate agent tells them

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Tags: Tags: boulder colorado, home sellers, homes for sale, real estate market trends, real estate trends, Realtors, sellers, Trulia

Freddie Mac and Fanny Mae Bailout

There are several mixed opinions about the Fanny Mae Freddie Mac Bailout. I agree that it is going to add a huge amount of additional debt to our already massive deficit but I don’t think we had a choice.  Our economy has been damaged so severely by the sub prime/Foreclosure crisis that not bailing out Fanny and Freddie might cause a collapse in our entire economic structure.  Fanny Mae and Freddie Mac hold over 40% of our countries Mortgages and without this bailout I fear that we might be heading into worse economic crisis.  As much as I don’t like the additional expenses to the taxpayers I don’t think as a Country we have a choice.   At this time this bailout is a necessary evil I think we eventually need to find a better way to manage our countries and our personal mortgage debt but at this time I don’t think we have a choice. 

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Living On The Hill In Boulder Colorado

 

The time is upon us when students arrive in herds to the city of Boulder to begin school at the University of Colorado and Naropa University. Finding the right area to live is most important.  Is an easy commute, preferably walking distance, important to you?  Would you want to live near fellow students? And would you like to be close to shops, restaurants, and open space?  Are you thinking of buying and the resale of your real estate is crucial?  Then, you want to live on The Hill which is situated directly west of the University of Colorado, the main streets being College and 13th.   The Hill is best known for it’s young, trendy, and easy-going vibe. Read the rest of this entry »

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A Million $ Home is Not a Dream For Buyers on a Budget

Everyone would love to own a vacation home in the beautiful Colorado Mountains, or on a lake but the price tags can be $1 million or more and for most buyers this is definitely out of their price range.  Well think again, before you think it’s an impossible dream.   A company in Utah is helping buyers own a piece of their dream home by specializing in fractational ownership.  This is not a time-share which only sells access, this is actual ownership.  Read the rest of this entry »

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Green Buyers Need Help In Boulder Colorado!

Are you a green buyer in Boulder Colorado? No…I don’t mean gullible or easily duped. I mean… are you looking to buy real estate that is green built? 

  Wouldn’t you like to know for sure that the home you are buying meets environmental standards?  Well, look no further than LEED, giving you the first national rating system to certify new build properies as “green”. Read the rest of this entry »

Tags: Tags: , boulder, built green, energy efficiency, environmental, LEED, rating system, real estate

How to haggle with the bank

If you are purchasing property these days I’m sure that you have stumbled upon a REO or lender owned/ bank owned property in you’re searching.  Here are a few tips for placing an offer on a REO/Bank owned/ Lender owned property. Read the rest of this entry »

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10 Good Reasons to Buy Real Estate in Colorado Now!

Home ownership is how many people usually begin to accumulate wealth, so why are some people holding off on buying a home in today’s market?  We all know that housing is a key driver of the economy and continues to be a strong long-term investment for most people. I guess some are hoping that interest rates will fall further and I’m sure that some people are hoping that home prices will continue to come down.  Right now there are several key reasons that make it a good time to buy a home or an investment property and also some things to think about should you decide to wait. Read the rest of this entry »

Tags: Tags: buy real estate, colorado, economy, housing markets, investment properties, mortgage rates, REO

How Come I Can’t Find The House Style I Want in Boulder Colorado?

Maybe you have a “housing style fetish”.  Is there such a thing?  I bet there is!  Doesn’t your house style say something about you?   I think it does and it’s a wonderful way to express “who you are”  by personalizing the decor but also the decision to purchase a certain style of home says a lot too.  I recently worked with a couple from California who struggled with this whole concept for months.  Unless you are one of the people that can “visualize” the entire renovation of a house,  I completely understand.  They went back to California frustrated with not being able to find “their housing style” here in Boulder. Read the rest of this entry »

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Mission impossible

 

It seems like it is almost impossible to get a home loan these days. With underwriting cracking down on its guidelines the process of getting a loan can be a challenge. I understand that the lenders are just looking out for their best interests but it almost seems like they don’t want to give out loans anymore. They have made it so difficult to qualify for a loan I have had several potential buyers decide to stay renters because the process was just too much for them. Many of these buyers have great credit and large down payments.  I have also had several homeowners decide not to make a move because of the difficulty of obtaining a new loan.  Read the rest of this entry »

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