It’s tough to find a buyer for your home when it backs to commercial property or has a busy street behind it. This is especially the case in down markets when there are abundant homes for sale and buyers have plenty to choose from. The Denver market had a few years of this from 2009 to 2011. … [Read More]
Investigative Negotiation
I picked up this book in the airport called “Winning Negotiations” from the Harvard Business Review and I thought it could help with my real estate negotiations. The first chapter is about investigative negotiation and there are 5 principles: 1) Don’t just discuss what your counterparts want, find out ‘why’ they want it; Finding the… [Read More]
Using Real Estate for College Savings
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]
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