Many first time buyers are frustrated with the Denver Metro housing market currently as up to 24% of all buying offers are rejected given the lack of inventory and the bidding wars that have become the norm. My four tips for Buyers are: Be first to the door. If you get a lead on a property, don't hesitate, Jump on it!   Cash is king and all cash offers are not uncommon. However, if you are not in that position, bring your lender's pre-approval letter with you to a showing. Show that y...

How would you like a full point off the current fixed mortgage rate? It’s possible. As interest rates begin to rise, Adjustable Rate Mortgages (ARMs) are making a comeback with rates that can be up to a full percentage point below a fixed 30 year rate. These ARMs are not the same crazy loans with there interest only terms or low introductory rate that got so many folks in trouble in the last housing crisis. New regulations require ARM borrowers to pay principal as well as interest payments...

With the stock market nearing all time highs, it’s easy to get nervous when it comes to your pension or 401k savings. Maybe it’s time to move some of those nest eggs out of the basket. Ever consider investing in bricks and mortar as part of your retirement strategy? Changing jobs and have a 401k rollover? Great time to think about Self Directed IRA. Invest in Real Estate with Self Direct IRAs With a Self Directed IRA, you can purchase Real Estate like a rental property, a fix-and-flip or ...

Contrary to popular belief the best time to sell your home is in Winter.The sales stats from Redfin and Trulia support these findings. So if you’re thinking about waiting until Spring...Don’t! Here are a few reason why: Less homes for sale means more attention. There are very few homes available at the start of the new year and if yours is the only one available, you will have serious interest. Waiting until Springs means more inventory and more distractions for prospective buyers. Seri...

Fannie Mae is now allowing select purchase transactions to close without an appraisal. If the Buyer puts at least 20% down, the property may receive a Property Inspection Waiver (PIW), when the loan application is run through the automated underwriting software – which means the appraisal is not required! The Lender is not required to have the appraisal completed; the Borrower, however, can decide to request the appraisal. Need to get your pre approval? I can refer you to a team of lenders...