Fair Housing Month signifies a continued commitment by Realtors® across our country to expand equal access to housing. (Photo: Pexels). The Fair Housing Act was passed in April 1968. Every April since then, the National Association of Realtors® (NAR) has commemorated its passage with events and education that underscore the need to expand inclusion and […]
Duane's Timely Topics
Duane's compilation of the most relevant topics to real estate today in Boulder.
The new reverse mortgage – Part 2
Colorado is one of the fastest aging states in the country and Boulder County is also rapidly aging. Reverse mortgages are becoming more popular as baby boomers retire and want to maintain their standard of living. The reverse mortgage is a financial tool, which has helped many over 62 years old. In my previous article, […]
The new reverse mortgage Part 1
When it comes to buying a home, you’re never too old. (Photo: Pexels). The Aging at Altitude Expo was held at the Boulder Jewish Community Center on April 23. One of the sessions at the conference explained reverse mortgages as a financial tool for those who are 62 years of age and over. The […]
Wondering if you’re too old to buy a home?
When it comes to buying a home, you’re never too old. (Photo: Pexels). In the spirit of the Daily Camera’s upcoming event, Aging at Altitude Expo, on Sat., April 23, I thought it would be a good time to talk about buying a home during your senior years. Many baby boomers did not buy a home […]
Co-signing a mortgage for a relative Should I or shouldn’t I?
Frequently, first-time homebuyers will turn to relatives to help with a down payment or to co-sign on the loan. However, all the parties involved need to be very aware of the pitfalls before agreeing to this arrangement. (Photo: Pexels). In Boulder County, home prices have risen to record highs in a housing market with […]
Lower your mortgage payment by removing Private Mortgage Insurance (PMI)
Private Mortgage Insurance is usually required on conventional home loans in cases when the down payment is less than 20%. “Mortgage insurance” might sound like a type of life insurance that pays off the mortgage on your home for the benefit of the survivors in the event you pass away. However, Private Mortgage Insurance, known […]
At home on the beach – Part 2
There are many details to gauge when buying a vacation property. (Photo: Pexels). Are you thinking about buying a vacation home on an island getaway for you and your family to enjoy? There are quite a few factors to evaluate in order to make the vacation home buying experience a happy one. In my previous […]
Over 65 years of age? Apply for some relief for your property taxes
Property values have risen substantially in Boulder County and this can put upwards pressure on taxes. This burden is especially noticed by seniors on fixed incomes trying to stay in their homes. As a reminder, property taxes may be paid in one single payment by May 2 or in two equal payments. If your taxes are […]
National Radon Action Month
First-time home buyers frequently face the challenge of saving for a large enough down payment for their first home purchase. (Photo: Pexels). The Environmental Protection Agency (EPA) has designated January as National Radon Action Month. According to the EPA, radon is the leading cause of lung cancer among non-smokers. Radon gas is emitted from decaying […]
You can’t outsave the market: the lowdown on low down payments
First-time home buyers frequently face the challenge of saving for a large enough down payment for their first home purchase. (Photo: Pexels). First-time home buyers frequently face the challenge of saving for a large enough down payment for their first home purchase. Home price appreciation rates along the Front Range often exceed 10% a year, […]