Several new clients have been contacted us this month asking about Aspen Creek Broomfield Homes. With the continued surge in demand for Broomfield Homes, we are searching the MLS every day for new listings and updating our clients on recent sold prices. Yesterday we created this statistical repor...
Several new clients have been contacted us this month asking about Aspen Creek Broomfield Homes. With the continued surge in demand for Broomfield Homes, we are searching the MLS every day for new listings and updating our clients on recent sold prices. We recently prepared this report for one of...
Loan Considerations for Buy and Hold InvestorsAs far as investment loans, little or no money down loans are impossible. However, lenders do permit the use of Home Equity Lines of Credit or second mortgages from other properties owned by the borrower as a source of down payment. Or, self-employe...
Loan Considerations for Fix & Flip / Short-Term InvestorsSecuring conventional financing on a fix & flip or short-term loan is not recommended. Most conventional lenders sell off their mortgages to investors on the secondary market. If the loan is paid off early (before six payments are made), ...
Loan Considerations for Jumbo MortgagesFor the Greater Metro Denver area, any loan amount greater than $417,000 is considered a jumbo loan. Fannie Mae and Freddie Mac assign different thresholds for various regions across the country. For instance, $417,000 is not considered a jumbo loan in a h...
Loan Considerations for Loan Amounts Between $200K - $417KWith all the doom and gloom publications that are mostly exaggerated, many potential borrowers believe that home mortgage lending options have dried up. While underwriters and investors are scrutinizing files more closely, attractive rate...
FHA First-Time Buyer Tax CreditIn an effort to boost the sagging real estate market and overall economy, first-time home buyers are being offered a limited time tax credit when purchasing a primary residence. The highlights of the tax credit are:• The tax credit is available for first-time ho...
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Broomfield, CO Real Estate Professionals
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