Explore Broomfield, CO

By Todd Barton
(Your Castle Real Estate)
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Investing in Real Estate 8 – Condo ConversionsThis blog will discuss a type of real estate investment, fix and flips, in The Broadlands.What this investment is:  A synthesis of the fix and flip and rental operations - purchasing an apartment building in a neighborhood dominated by owner occupants...

By Todd Barton
(Your Castle Real Estate)
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Investing in Real Estate 7 – Fix and FlipsThis blog will discuss a type of real estate investment, fix and flips, in The Broadlands.What this investment is:  Purchasing a home that needs work.  The scope can range from the basic "paint and carpet" to extensive overhauls to scraping a decrepit pro...

By Todd Barton
(Your Castle Real Estate)
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Investing in Real Estate 6 – Lease OptionsThis blog will discuss a type of real estate investment, lease options, in The Broadlands. What this investment is:  A lease option (L/O) is Acquiring control of a property (though not necessarily ownership), then leasing the property to a tenant.  The le...

By Todd Barton
(Your Castle Real Estate)
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Investing in Real Estate 5 – Large (5+ unit) Apartment BuildingThis blog will discuss a type of real estate investment, large apartment buildings, in The Broadlands neighborhood.What this investment is:  Still targeting tenants for 6-12 months at a time, buildings with more than five units are co...

By Todd Barton
(Your Castle Real Estate)
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Investing in Real Estate 4 – Small (2-4 units) Apartment BuildingThis blog will discuss a type of real estate investment, small apartment buildings, in The Broadlands.What this investment is:  Purchase of duplex, triplex or quadplex to be rented to tenants, usually for 6-12 month terms.  Usually ...

By Todd Barton
(Your Castle Real Estate)
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Investing in Real Estate 3 – Rental Condo or Rental HomeThis blog will discuss a type of real estate investment, rental condos or rental homes, in The Broadlands.What this investment is:  Purchase of a residential property to be rented out to tenants, usually on a 6-12 month lease term.  This is ...

By Todd Barton
(Your Castle Real Estate)
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Investing in Real Estate 2 – AssignmentsThis blog will discuss a type of real estate investment, assignments, in The Broadlands.What this investment is:  An investor who is interested in Assignments gets a property under contract for an attractive price then assigns the contract to another buyer,...

By Todd Barton
(Your Castle Real Estate)
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Topic:  Special considerations for Investor loans The talk around the water cooler these days is all about LOANS. Who can get them? At what price? What if I already have a few loans, do I still qualify?  A year or two ago the question was at what price do I get a loan (those were the days!).  Tod...

By Katy Tuleja
(Your Castle Real Estate)
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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...

By Katy Tuleja
(Your Castle Real Estate)
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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), ...

By Katy Tuleja
(Your Castle Real Estate)
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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...

By Katy Tuleja
(Your Castle Real Estate)
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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...

By Katy Tuleja
(Your Castle Real Estate)
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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...

By Katy Tuleja
(Your Castle Real Estate)
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Loan considerations for a first time buyerLending guidelines are changing on a daily basis for every type of loan: conventional, FHA, VA & commercial.  Nevertheless, there are still very attractive first-time home buyer options available.   If you are or will be a first-time buyer, it is critical...

By Katy Tuleja
(Your Castle Real Estate)
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How can you improve your FICO score?To improve one’s credit score, it’s critical to understand the factors influencing a credit score.  The factors that contribute to a FICO score and the weighted percentages for each are as follows:•    35% — timeliness of payments •    30% — the ratio of used d...

By Katy Tuleja
(Your Castle Real Estate)
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How does your FICO score impact your interest rate on your loan?Low credit scores are deemed greater risk for lenders since the likelihood for defaulting on the loan increases.  As such, lower FICO scores translate into higher interest rates.  Mortgage lenders will group credit scores in a range,...

By Katy Tuleja
(Your Castle Real Estate)
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What is a FICO score?FICO stands for Fair Isaac Corporation, a company that created the most used credit scoring model in the United States.  An individual’s credit score is calculated through a statistical algorithm and is used as a factor in determining the likelihood of a borrower defaulting o...

By Katy Tuleja
(Your Castle Real Estate)
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TOPIC: Improving conditions in Denver’s  marketThere are some signs of strengthening in our Denver market.  The metro area's inventory of available resale housing decreased 20% to 23,120 units in October from October 2007.  Some of this reduced inventory is attributed to homeowners taking their p...

By Julie Trunzo
(Your Castle Real Estate)
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Investing in Real Estate 4 – Small (2-4 units) Apartment BuildingThis blog will discuss a type of real estate investment, small apartment buildings, in the The Broadlands.What this investment is:  Purchase of duplex, triplex or quadplex to be rented to tenants, usually for 6-12 month terms.  Usua...

By Julie Trunzo
(Your Castle Real Estate)
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Investing in Real Estate 3 – Rental Condo or Rental HomeThis blog will discuss a type of real estate investment, rental condos or rental homes, in The Broadlands.What this investment is:  Purchase of a residential property to be rented out to tenants, usually on a 6-12 month lease term.  This is ...

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