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Looking at Condos? Very Important Question. Is it FHA Certified??

If you are looking to purchase a condo in the Denver area, or anywhere else in the U.S., for that matter, make sure it is certified for FHA Financing before you fall too much in love with it.  Today in the Denver Post there is a very interesting article relating to condo developments being certified and approved for FHA financing for potential new buyers.  If you have other options like paying cash or going conventional, this factor won’t stand in the way of your purchase.  But if FHA is your only option, be aware!  Two of the main requirements is… Read More »

Conservation Buyer? Consider Westlake Village in Broomfield

There is something for everyone in Westlake Village in Broomfield.  Every style you could want is there whether you are a baby boomer and prefer a ranch or whether you are someone younger with or without a family and prefer a two story, tri-level or 4-level. What I like about Westlake Village is that the homes there are older, most of them built in the 1970′s, but are priced very moderately and I think many buyers in today’s market are wanting to play it safe and buy conservatively.  To that I say, “Way to go, I like it!!” In Westlake… Read More »

Baby Boomers Ready to Flood Market

Many baby boomers are ready or will be ready very soon, to the tune of 77 million, to downsize from their much too large, way too many floored, and way too high maintenance homes, to ranches priced between $140,000 to $230,000.  What do baby boomers have that other would be buyers or sellers do not?  Equity in their homes for one thing.  Being a baby boomer myself, I can attest to the fact that in our younger days, we were taught to build up equity in our homes by making the payments on time and extra payments, if possible, rather… Read More »

Colorado Assn of Realtors “official” report

2011 Colorado Real Estate Snapshot (edit/delete) I have many people asking me how the market is in Colorado, which of course can only be my humble opinion in my perceptions of what I read, hear and see. Here is the “official” statement in brief from CAR, (the Colorado Association of Realtors) has to say.  Some of the highlights that I thought many of you may also find interesting. Please note these figures are the changes that happened between 2009 and 2010.  Figures for this past year have not yet been released. 1) The number of people owning their own homes in 2010 remained… Read More »

Mustang Acres in Broomfield

Horse Property west of I-25 in the north corridor of Denver can be hard to come by at a reasonable price, but here in Mustang Acres your dream of owning horse property for around $300,000 to $400,000 that is within a 20 minute commute of downtown Denver, can indeed be a reality.  Granted the homes were mainly built in the 1970′s, but many are well kept and usually include at least 2 acres of horse property.  Mustang Acres is a great commute to I-25, E-470 and Hwy. 7 into Boulder.  It is also within a stones throw away from the… Read More »

Nearly New Dollhouse “Cabin” on 1 Acre for $120,000

My happy buyers are lovin’ their newly purchased “little piece of pie in the sky”.   This nearly new home is on 1 acre of peaceful mountain living among the beautiful wild flowers and aspens now gradually turning their fall colors.  This cabin is adorable near Jefferson CO.  It takes about 2 hrs. to travel there on Hwy. 285 through Conifer and Bailey, but the drive there alone, is breathtaking and the time goes by quickly. There are some great buys on cabins in that area now, and my recent buyers of this property snagged a great one! Enjoy……….. my… Read More »

Colorado FHA Loan Limits Decreasing Oct. 1, 2011

For anyone out there sitting on the fence to purchase a home in this great buyer’s market, you may need to get off that fence quickly, if your loan is near the current limits FHA has on their loans, as the limits are about to decrease.  Loan limitations vary according to the county in which the home is located.  Here are the new limits for Denver area counties for your information: County Up to Sep. 30, 2011 After Oct. 1, 2011 Jefferson $406,250 $368,000 Denver $406,250 $368,000 Adams $406,250 $368,000 Broomfield $406,250 $368,000 Boulder $460,000 $402,500 Arapahoe $406,250 $368,000 Clear… Read More »

Baby Boomer Ranch in Broomfield

This gorgeous attached ranch is priced at nicely at $190,000 and is located within the lovely Broadlands area.  The Broadlands area in Broomfield. is located just where the open country borders the city.  The Falls at Legend Trail is a very nicely kept area, with the Broadlands Golf Course bordering the subdivision.  This bright and open unit is a corner unit with nice views of the waterfalls and ponds. Everything is on the main level and is also wheelchair accessible. Grocery stores are within walking distance and many open space trails for your morning exercise are also nearby with lovely mountain… Read More »

Best Time to Buy a Home in Adams County, Colorado

  Do you really think I or anyone can tell you that?  Not!!…… But I can give you some statistics, which may help you with your future purchase or sale of your home within Adams County. New listings were down by 42.8% and the number of presently active listings were down by 27.4% – wow, what that means to me is that many people have put off selling their home for now; probably coming to the realization that they will not profit or have a very limited profit at best, from the sale, should they sell now.  So if they… Read More »

Ranch with Acreage under $300,000

Priced at $299,900, this home is perfect for baby boomers looking for a hobby farm that has a ranch style home with no steps and main floor laundry.  This home offers the perfect location West of I-25 and within walking distance to the popular Orchard Center Mall.  It is surrounded by homes in the $500K and up range.  It is a bank owned property that has recently gone through foreclosure and bank owned doesn’t necessarily mean a run down property any more.  This bank has refinished the hardwood floors, placed new carpeting in bedrooms and placed a new dishwasher, stove, sink, disposal… Read More »