This weekend is the division playoffs for the Denver Broncos who are facing off against the New England Patriots!  Tebow was just voted Americas Favorite Athlete, can he pull out this big win?  Denver Broncos fans certainly think so! Tonight ESPN will premiere Sound FX: Tom Brady & Tim Tebow at 7 p.m. MST. The show [...]

What Closing Costs Can You Expect to Pay?

Wednesday, January 11th, 2012

If you’re home shopping in Colorado then you’ve probably done a little research on closing costs. But what exactly should you expect to pay in today’s market? Typically, closing costs run between 3% and 5% of your loan amount, so if you’re borrowing $100,000 you can expect closing costs of $3,000 to $5,000. If you’re borrowing [...]

Over my morning coffee I watched My First Sale. The agent was representing both the seller and the buyer. At one point during the negotiations the seller showed the dilemma of an agent trying to work both sides of the sale. She said, “I don’t know what to do. I can’t turn to Sarah [the [...]

My colleague, Norris Minnick, EBA in Boulder, just put together an awesome chart that showcases the real estate cycle over the last 27 years by quarter through the second quarter of 2011.  I remember selling a townhome in Arvada in 1991 and I thought we really took a bath on that transaction, but comparing it [...]

Market Watch, the CBS financial blog, posts a real estate Q & A column written by Lew Sichelman, where the lead question is, “Why do you favor a buyer broker over a traditional agent? Also, how do you define a “traditional” broker (agent)?”.  His answer highlights the case for buyer representation.  I couldn’t have said [...]

Denver Market “Improves”

Wednesday, July 13th, 2011

John Rebchook, former real estate reporter for the Rocky Mountain News, always posts good information. Today is no exception. But, when he calls his and others’ analyses “good,” be aware that they mean “good” for sellers, “good for the economy,” good for the real estate industry in general. If you’re a buyer, the news may [...]

5 Reasons Not to Buy a Home…

Tuesday, June 21st, 2011

Five Reasons NOT to Buy a Home during June, National Homeownership Month June is National Homeownership Month, but the National Association of Exclusive Buyer Agents (NAEBA), an organization of real estate professionals who advocate for home buyers, cautions that, for some, this may not be a good time to become a homeowner. According to 2011 [...]

Good News on the Job Front for Denver

Tuesday, June 14th, 2011

An active job market is predicted for Denver in the third quarter of this year according to Manpower’s quarterly employment report. After last week’s daunting news about employment, this should come as good news for the Denver metro economy. Colorado’s employment outlook is even better. Manpower’s report calls it “solid,” with 24% of employers interviewed [...]

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New & Simpler Loan Disclosure Forms

Thursday, June 9th, 2011

One of the good things that government is doing is making the loan disclosure form much more understandable.  For years I’ve just used a WORD file I created and disclosed all of the possible costs in price ranges so the client would have a best case and worst case estimate.  The TRUTH IN LENDING (TIL) [...]

Foreclosure Trends

Wednesday, June 8th, 2011

It was reported today that the number of NED’s (Notice of Election and Demand) filed was 37% less this year in June compared to June of 2010.  NED’s are what start the foreclosure process.  This is what the bank uses to notify the Public Trustee that they want to begin the foreclosure process.  Last year [...]