Author: kcadmin

Association manager, Colorado Exclusive Buyer Agents Association, Massachusetts Association of Buyer Agents, and Buyer Agent Search national association.

Colorado Home Loans Have Gone On Sale, Part Two



August 19, 2010One of our exclusive buyer agent's also created another interesting chart showing a different perspective on what dropping interest rates mean for home owners’.  How much of a loan can you get for $2,000 per month?  In other words, for $2,000 a month, for 30 years, what can you buy? Your monthly mortgage payment is made up of principal and interest.  If the interest portion goes way down,...

Interest Rates Reach Record Lows



August 18, 2010What does this mean for home buyers? It is easy when shopping to look only at the price tag: it is right there, in front of your face.  But, if you use a credit card, there is that hidden price tag that nobody wants to think about: interest.  I dislike interest so much that I don’t even have a credit card, and I never have. (Yes, I know that using a card responsibly can help establish...

Relocate to Colorado: The Mountain Condo Fantasy



August 13, 2010One discussion my husband and I enjoy having is the “If we were rich where would we own a condo?”  It will be years before this is anything but a fantasy, but when the day comes, we are prepared.  If you are looking for the perfect place for your condo, I’d like to make my argument for the Colorado Rockies. A mountain condo can be used year round. On my way to spend the weekend in Copper...

3 Things Home Buyer’s should know about Open Houses



August 11, 2010Looking for a way to get in some homes and get a feel for what is on the market?   Open houses avoid the step of contacting the listing agent to schedule a showing.  The open house is an opportunity for buyer’s to have less pressure.  Or is it? 1)      Listing agents also use open houses to find buyers.  Most home viewers that go to open houses are unrepresented, meaning they are not...

Which Comes First: the Home Loan or the Home?



August 9, 2010Should a Home Buyer Seek Pre-Approval or a Home First? Starting a home search can feel a little bit like the “Chicken and the Egg” riddle.  Should a buyer become pre-qualified for a home loan first, before finding a home they would like to purchase?   Or, should a buyer start shopping for homes before knowing what type of loan they might qualify for? The Real Estate Division of the...

Denver Parade of Homes 2010: Something for Everyone



August 7, 2010The Denver Parade of Homes kicks off next week on August 14th through Labor Day.   The Parade of Homes is taking a new approach this year, with intent to offer something to dream about in every price range. 58 homes throughout 21 Front Range Cities can be viewed free of charge.  Prices range from $188,900 to over $6 million dollars. In addition to touring featured homes, the Parade of Homes...

Is a Short Sale a Good Opportunity for a Home Buyer?



August 5, 2010When you hear about real estate these days, these terms come up often: “short sale” and “foreclosure.”  For the potential home buyer, these phrases can evoke both interest and fear.  Interest because it sounds like the potential for a great deal, and fear because of the potential to end up in the same boat. But what is a short sale? Is it an opportunity for a good investment?  Is it...