Archive for February, 2010
Its a buyers’ market afterall, its a buyers’ market afterall….It’s a buyers’ buyers’ market!!!
February 26th, 2010 Categories: Buyer's Corner, First Time Buyers, Focus on Boulder, Market Conditions, Trends, Uncategorized
The fallowing are all definition of a buyers’ market: 1) When the demand for property is less than supply so the advantages shift to the buyer. 2) A market which has more sellers than buyers. Low prices result from this excess of supply over demand. Also soft market or opposite of seller’s market. 3) When a buyers’ market exists in commodities, the buyer is able to be selective in purchasing contracts, as there are many individuals wishing to sell. Furthermore, these buyers will generally be able to purchase contracts at lower prices than those that were previously prevalent. 
Written by Parker Krug | Discussion: No Comments »
Happy Happy Boulder
February 20th, 2010 Categories: Boulder Subdivisions and Neighborhoods, Buyer's Corner, First Time Buyers, Focus on Boulder
I’m sure you heard the good news by now, Boulder was rated the happiest and healthiest place to live in the United States. This was according to a Gallup Poll and the Colorado Daily reports:
The new massive study of Americans’ attitudes and lifestyles concludes that Boulder is the prime U.S. location for general well-being and quality of life.
“The fact that Boulder is up there makes a lot of sense when you’re looking at what we know of happiness,” said Tim Wadsworth, an assistant professor of sociology at the University of Colorado. “For example, health is huge, and Boulder is known for its high level of health.”
The Gallup-Healthways Well-Being Index asked more than 353,00 Americans in 2009 about their jobs, finances, physical health, emotional state and communities when calculating the rankings. Click here to know more. Read the rest of this entry »
Written by John Vaughan | Discussion: No Comments »
Buying a HUD home? Confused? It’s not that hard!!
February 18th, 2010 Categories: Boulder Subdivisions and Neighborhoods, First Time Buyers, Market Conditions, Real Estate Tales, Relocating, Selling Thoughts, Trends
So you are in the market for a HUD home. What is HUD, where do I find the, how do I get one?????? This can overwhelm you and may seem confusing but trust me it’s not.
Confused? Don't Be
If a loan insured by the Federal Housing Administration or FHA goes in default, the FHA takes certain steps to collect on their loan. This may result in the lender taking possession of collateral real estate. If this happens the lender may submit a claim against the FHA insurance fund and convey ownership to the United States Department of Housing and Urban Development or HUD. HUD then in turn lists the property at market value and sells it as fast as possible. Click this link for more info. This is the exciting part.
Anyone can buy a HUD home, as long as they have an insured loan or are paying with cash. To go and look at these homes call a local realtor who has NAID membership and a HUD key to get you into the home. COLORADO REALTORS WHO WANT TO APPLY FOR A HUD KEY CLICK HERE. Just ask your realtor for details. After seeing the home and deciding you want to make an offer on it consider yourself “in auction”, only electronically. Your realtor will make an electronic bid for you within the bidding time frame. Have your HUD contract 9548 (1/99) in front of you and get on the Internet. Along with some basic buyer and broker information, this is all you will need to make your electronic bid. Read the rest of this entry »
Written by Parker Krug | Discussion: No Comments »
What Is An Eco Friendly Renovation? Part One: Flooring
February 17th, 2010 Categories: Buyer's Corner, Home Inspections and Maintenance, Market Watch, Selling Thoughts, Trends
Just what defines a home remodel going eco friendly? It’s important to know if you are a home buyer and a home seller.
If you are a home buyer then this will help you know what to look for when house shopping. Sellers wanting to increase the value of their home and attract more buyers, need to be aware of what the new earth loving trends are.
Being a real estate expert in Boulder Colorado and Boulder County, we are witnessing a revolution in green building. This is not a passing trend, but in my opinion, a change in how we build and remodel.
This blog is dedicated entirely to flooring! Yes, aren’t you lucky? Eco flooring options are numerous and fun to talk about so let’s get started!
Written by Julie Johnson | Discussion: No Comments »
Homebuyer Tax Credit…Extended AND Expanded
February 14th, 2010 Categories: Buyer's Corner, First Time Buyers, Market Conditions, Market Watch, Selling Thoughts
Recently I was showing homebuyers around Boulder Colorado and they made an interesting comment about it being unfortunate they missed the deadline for the tax credit and they don’t qualify because this wasn’t their first home. Just when I thought EVERYONE knew about the homebuyer tax credit! I was quick to correct them and reassure my new clients that they can indeed still benefit from this one-of-a-kind credit. Read more and you too can reap the rewards of homeownership in 2010! It is a buyers market and this is opportunity should not be missed. A fantastic time to buy! The time to buy is now. Ok, I think you get my point. Get the details….
Written by John Vaughan | Discussion: No Comments »
