Using a Post-Closing Occupancy Agreement with all the issues discussed and agreed upon can be a great tool for creating a seamless home sale to meet the needs of all parties involved. (Photo: Pexels). In the Boulder-area market, possession of a home most commonly happens upon delivery of the deed. In other words, the home […]
Buying or refinancing your home with an interest-only loan
Another tool to help buyers in an accelerating market is the interest-only mortgage. (Photo: Karolina Grabowska/Pexels). The 30-year fully amortized loan has been the mainstay of real estate financing in the U.S. for decades, yet market conditions often bring about different types of mortgages to help buyers get into a home. At one time, there […]
Protecting the structural integrity of your home’s foundation
In Colorado, it is pretty rare to have a 100% crack free foundation and concrete work, but a proper design for the specific lot, maintaining the grade and the drainage system, will ensure the least amount of problems due to expansive soils in our area. (Photo: Unsplash). A home is often the biggest single expense […]
Homeowner wealth vs. renter wealth
There are many times in life when it makes sense to rent the place you live in, such as for a temporary job assignment. However, over the years, owning real estate has proven to be the greatest wealth builder for most Americans. Advantages of renting • More mobile in the event of a job or […]
Grow your real estate wealth one owner-occupied home at a time
Most people start investing real estate by buying their personal residence. Yet the majority of Americans will stop there in terms of building their real estate portfolio. This is because when people are motivated to buy their first investment property, they are often told they will need a 20- or 25-percent down payment. Finding it […]
Wondering if you’re too old to buy a home?
There are certainly few things in life we’re too old to do. However, when it comes to buying a home, you’re never too old. Many baby boomers never bought a home in their younger years and some baby boomers lost their home in the 2007 to 2012 recession. Baby boomers were born between 1944 and […]
Buying College Housing Starts Now — Part 2
In my last article, Part 1 of “Buying College Housing Starts Now,” I discussed how purchasing a condo or house for your child to live in while attending college can be a worthwhile investment and can provide financial as well as other benefits for your college student. As you evaluate this decision, here’s a guide […]
Coronavirus and Buying a College Condo – Part 2
In my last article, Part 1 of “Coronavirus and Buying a College Condo” I discussed how buying a condo or house for your child to live in when going to college can be a worthwhile investment and can also have financial as well as other benefits for your college student. As you evaluate this decision, […]