When you buy a home, you need insurance protection for what is likely the largest investment you will ever make. But when you buy a homeowners insurance policy, you actually get much more than protection for your home. Most homeowners insurance policies will not only cover the value of your home, but also your personal […]
Duane's Timely Topics
Duane's compilation of the most relevant topics to real estate today in Boulder.
Role of the Appraisal in Your Home Purchase
Posted by Duane Duggan, The Boulder Property Network at RE/MAX of Boulder If you are obtaining a new loan to purchase a property, the mortgage lender will almost always require an appraisal. An appraisal is an independent opinion of the market value of the property. The appraiser is actually hired by the lender, therefore the […]
Latest Developments in the New Housing Market
Latest Developments in the New Housing Market Market research and consulting firm Metrostudy has been providing deep market intelligence for the new home building industry across the U.S. for decades. In 2001, Metrostudy opened an office in Colorado, which is currently headed up by John Covert, senior director west region. John oversees the analysis of […]
How to remove PMI from your Mortgage Payment
Duane Duggan, with the Boulder Property Network at RE/MAX of Boulder, sits down with Jessica Shanahan of Premier Lending to discuss the hot topic: How to remove PMI. What does PMI stand for? What is the main thing PMI accomplishes for the borrower? What are the steps that need to be taken in order for […]
Part 2: Should I Buy a Home for My College Student?
In my last article, Part 1 of “Should I Buy a Home for My College Student?”, I discussed how buying a condo or house for your child to live in when they go to college can be a worthwhile investment and can also have financial and other benefits for your college student. As you evaluate […]
Should I Buy a Home for My College Student? -Part 1
Every August, in college towns across America, college students start to return for the fall semester. This always creates a frenzy of real estate activity. The rental market is usually pretty tight in any college town. Because of that, many families consider purchasing a home for their college student to live in while attending school. […]
Locking Mortgage Interest Rates 101
Duane Duggan, with the Boulder Property Network at RE/MAX of Boulder, sits down with Jessica Shanahan of Premier Lending to discuss the hot topic of locking interest rates on a mortgage. How is a “lock” defined financially? Are there any requirements that need to be met in order to be eligible for a lock? How […]
“Tenants in Common” or “Joint Tenancy” Ownership ?
Duane Duggan with the Boulder Property Network at RE/MAX of Boulder, sits down with Gina Weinberger of Weinberger Law to discuss the topic: Tenants in Common. How does “tenants in common” differ from “joint tenancy”? Does the right of survivorship still apply under tenants in common? What is a tenancy in common agreement and who […]
What’s Ahead: A Look Into The Crystal Ball
As Realtors, we are very fortunate that by pooling together our resources through the National Association of Realtors (NAR), we are able to enlist a chief economist. NAR’s Chief Economist Dr. Lawrence Yun is as close to a crystal ball we Realtors have for predicting the future. As senior vice president of the research department […]
Learn about the Senior Homestead Exemption – relative to Property Taxes
Duane Duggan, with the Boulder Property Network at RE/MAX of Boulder, interviews Cindy Braddock of Boulder County Assessor about the Senior Homestead Exemption relative to property tax. What is the Senior Homestead Exemption? What is the age requirement? Are there other qualifications that need to be met in order to apply? What effects are there […]