Seven years ago I invested in a townhome as a rental property to use as a college savings plan for my 2 kids. At the time my kids were age 3 and 5. I would save money by managing the property myself with tenants that I select. I have much more control over the investment than I would… [Read More]
FHA Revises Condo Rules
There was some good news this fall as the FHA has eased some restrictions burdening the sale of condominium units. FHA financing is quite common for condominium purchasers and previously that type of financing has been tough to get due primarily to a restriction on the ratio of commercial to residential units in the complex. … [Read More]
Finding Homes In Today’s Market
Denver’s Real Estate Market has become tough on those looking to buy a home. If you read the news you will find that to be true especially in the sub $500K range. Inventory levels are very low. Finding a quality home is hard, and when you do find one – you may be competing with another… [Read More]
Independent Insurance Adjusters Keep Insurance Providers Honest
Last week we had an interesting speaking in our weekly meeting. The guest was an independent insurance adjuster and his background was in the fix & flip business before getting into the insurance business. He had a good presentation and was very knowledgable of the insurance industry and the true cost of fix-up repairs for… [Read More]
Should I Refinance My Home Mortgage?
Should I Refinance My Home Mortgage Home mortgage rates are at historic lows and many homeowners are considering refinancing their home loan to lower their payment. Here are a few things to consider so that you are making a sound financial decision. First, comparable home sales need to support a value for your home such… [Read More]
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