Tips for Home Sellers

There are currently 308 blog entries related to this category.

As you might have heard, we are kind of in a drought. As a result, Denver Water has declared a Stage 2 drought which will impact most Denver residents. Denver Water customers are now allowed to only water two days per week. Homes with even addresses can water on Thursday and Sunday and homes with odd addresses can water Saturday and Wednesday. The length of time that you are allowed to water on these given days has been shortened as well. And while the watering times have decreased, the penalties for violating the restrictions has increased. The first violation is a warning, the second a $250 fine and the third a $500 fine. 

    While the snow in the mountains wasn't great this year, it certainly was better than last year and I know it get…
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While I see hundreds of homes a year, by no means do I consider myself a home design expert. When I have clients ask what they should do with their home, I can give a few tips, but almost always I advise them to ask an expert. There is the possibility of hiring a designer, but if you are looking for a free resource to see what other homeowners have done with their homes, my number one suggestion is always is a collaborative platform for home remodeling and design, bringing homeowners and home professional together in the largest residential design database in the world. With over a million photos, it might seem overwhelming, but the website allows you to search by room, style and even by geographic area to find

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What is the Denver Real Estate market going to do as we get into spring? Historically, springtime marks the beginning of "buying season" for Real Estate in Denver and so the standard answer is that the market is really going to pick up. But with as crazy as the market has been the past three months, it is hard to say with any certainty that it can get any hotter than it is right now, but my gut says it will.

According to the S&P/Case Shiller home prices index that was released yesterday, the Denver metro area saw a 9.2% rise in home prices in January compared to last January at the same time. That marks 13 straight months of year-over-year gains and the highest gains since the housing market burst in 2006. According to an article in the Denver

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Have you heard of the Denver Energy Challenge? It is a free service provide by the city of Denver to help residents and businesses become more energy efficient. And since it is free, I figured why not try it out?    I met with Jenny today from the Denver Energy Challenge who was nice enough to stop by my house and spend a good hour consulting me in all the ways my house is saving energy and also ways in which I can make my home more efficient. We walked through the entire house and she pointed out small and large steps I can take to save energy, and as a result, money.   Within a few hours of our consult I had a full report from Jenny outlining ways I can make improvements to my home along with a list of recommended service providers that can…
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  Most people I know would love to add solar to their home, it is just a matter of how expensive it is and if it's really worth it. I wondered the same thing so I started asking around. What I found was pretty shocking. Did you know you can actually add solar to your home for absolutely free?      Last week, I met with Jeff Munn with Syndicated Solar and was amazed by what he had to show me. After about 30 minutes meeting with him, I felt like an expert on solar and was excited about my options. Syndicated Solar offered me three different options.    1) The first is a zero down program. With no money out of pocket, I could add solar to my house and over the next 20 years potentially save $6,498 in electric bills. The way this program works…
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Has anyone every begged you to sell your home? A couple years ago, you probably would have laughed in their face. But now you will find almost every single Realtor and home-buyer begging you to sell your home. As the inventory in Denver keeps falling and more and more buyers are out and about with the nice weather looking for a house, homes for sale are literally flying off the shelf.

Don't believe me? I sent a home buyer 5 homes last night that had come on the market yesterday. By the time we went to look at 2 pm today, 4 were under contract. In some neighborhoods we aren't talking days on market, we are talking HOURS on market and I'm not exagerating.

If we take a look at some of the more popular neighborhoods you can see why we need new

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Before the bubble burst, jumbo loans, loans for more than $417,000, were as easy to come by as conforming loans. But since the market crashed, getting a jumbo loan was almost unheard of. But now that the luxury home market is doing so well, lenders are adjusting and starting to offer jumbo loans once again.

Figures from the National Association of Realtors show that sales are up by 38.7 percent from a year ago for homes with values between $750,000 to $1 million. For the over $1 million homes, sales are up 25.7 percent. Qualifying for a jumbo loan isn't as easy as qualifying for an FHA loan yet. But for those with high credit scores, lots of money in the bank and a few years of tax returns, they are definitely a viable option once

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Why aren't all Denver condos approved for FHA financing? It is a question that I get a lot, especially with first time home buyers looking for a condo in or around Downtown Denver. FHA is very unique in that you can purchase a home with as little as 3.5% down and for many first time buyers that is the difference between owning a home and not. So you would think that all condos would allow FHA financing, but unfortunately, it is more complicated than that.   FHA has set standards for condo buildings to determine if they fit within their lending criteria. These standards include the number of units that are owned by investors, the amount of commercial space in the building, the number of delinquencies in the building, reserves with the HOA and the…
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FHA mortgages are set to increase their mortgage insurance premiums come April 1st, 2013. While this might not have much impact on you if you have 5% or more to put down on your home purchase, for most first time home buyers, this is a significant change. 

FHA mortgages typically cater to first time buyers who only have the minimum of 3.5% to put down or buyers with less than stellar credit. In an effort to minimize their exposure to these sometimes riskier loans, FHA has decided to increase their premiums by .1% on most loans they insure. For the average priced home of $250,000, this is about a $20 increase per month.

While $20 a month doesn't sound like a significant increase, it is when you consider the other change FHA is making. Currently,

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  How long will the standard household components last? It is a question I get all the time showing homes, especially older homes in Denver. I know a ballpark range for many items like furnaces, hot water heaters and roofs, but some of the less common items I wasn’t too sure of so I did a little digging and found a great resource at

To see the full list of household components, click here. These averages are of course based on usage, maintenance and climate, but it should give you a pretty good idea of how long these items are going to last so you can budget for them and decide if that fix up house you are eyeing is really that good of deal. Here are some more common ones you might be interested in.

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