Buyer's Corner
Trends
Update on Mortgage Rates in Boulder
April 13th, 2010 Categories: Buyer's Corner, First Time Buyers, Focus on Boulder, Market Conditions, Trends, Uncategorized
Here is the first of many to come. The Troia team at Coldwell Banker will have frequent market updates for your convenience. So please visit our blog frequently and stay in the loop.
1) 30 year fixed conventional loan is at 5.22% with 0 points. 5% with 1 point
2) FHA 30 fixed is at 5.239% with [...]
Written by Parker Krug | Discussion: No Comments »
Examples Of Short Sale Financial Hardship Letters
March 25th, 2010 Categories: Buyer's Corner, Market Conditions, REO and HUD Talk, Selling Thoughts, Trends
Yes, we can help! Short sales are increasingly common as new government acts have passed to find alternatives to foreclosures. You are not alone. The economy is tough in Boulder Colorado and elsewhere; people are losing jobs and it’s been a difficult time in real estate as property values have dropped below mortgages owed on [...]
Written by Julie Johnson | Discussion: 2 Comments »
What Is An Eco Friendly Renovation? Part Two
March 3rd, 2010 Categories: Buyer's Corner, Home Inspections and Maintenance, Selling Thoughts, Trends
Why is this information important?
For several reasons: Being more conscientious is the way to be. It’s the right choice. The eco evolution is not only taking over Boulder but it’s blossoming throughout the world. We drive Priuses, shop locally, and remodel with the consideration of the environment.
You’re not only saving mother earth but yourself as [...]
Written by Julie Johnson | Discussion: No Comments »
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 [...]
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 [...]
Written by Julie Johnson | Discussion: No Comments »
Real Estate Investment: Do’s And Don’ts
August 26th, 2009 Categories: Boulder Subdivisions and Neighborhoods, Buyer's Corner, Market Watch, Trends
Investors and first-time homebuyers are often aiming for the same goal: great resale. I witness it all the time; buyers who need a place to live who also want to make money someday. It’s important to know the difference in real estate investment. It’s not always for those of us who need to buy in [...]
Written by John Vaughan | Discussion: No Comments »
Q and A on The New Homebuyer Tax Credit
March 27th, 2009 Categories: Buyer's Corner, First Time Buyers, Trends
Is the tax credit $8000…… or $7500? It depends on when you bought your new home, of course. Would you rather have to pay back $7500, or not pay back $8000? If you are eligible for the $8000 you don’t have to pay back, do you have to wait until 2010, or can you get [...]
Written by Ro Troia | Discussion: No Comments »
Avoid Foreclosure and Foreclosure Scams
March 26th, 2009 Categories: Buyer's Corner, REO and HUD Talk, Trends
Did you know that foreclosure is not the only option to help homeowners struggling to make payments. The Federal Trade Commission outlines the following options:
Reinstatement – the borrower pays the entire past due balance plus late fees and penalties by an agreed upon date.
Repayment Plan – the lender gives the borrower a fixed amount [...]
Written by Ro Troia | Discussion: 2 Comments »
Stimulus or Depressant – What Do You Think?
February 20th, 2009 Categories: Buyer's Corner, Market Conditions, REO and HUD Talk, Trends
We have all been reading and hearing about all the bail out bills and the latest $75 billion to aid homeowners at risk of losing their homes.
I found this clip on CNBC which is entertaining and might be right on. Watch and tell me how you feel. See Rick Santelli take down Cramer!
Written by Ro Troia | Discussion: 2 Comments »
Aid Coming to 9 Million Homeowners
February 18th, 2009 Categories: Buyer's Corner, Colorado Round Up, Market Conditions, Trends
A 75 billion $ plan is in the works that would subsidize rates and insure servicers against falling home prices. How will this work, well supposedly, the plan will make it easier for homeowners to modify their current mortgage to make monthly payments affordable. Obama’s bill is focusing on homeowners who are current on the mortgage [...]
Written by Ro Troia | Discussion: 1 Comment »
