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 […]
Should I buy my first home with a friend?
Rising home prices have made homeownership prohibitive for many across the county, and first-time buyers are turning to an alternative path to homeownership. That path is purchasing a property with a friend. (Photo: Gary Barnes/Pexels). In many housing markets, it is difficult to buy your first home. In Boulder County, this is certainly the […]
New home construction purchases
Owning a home is still a key facet of the American Dream. Owning a home, built specifically for you, with the opportunity to choose colors, floorplan, appliances, and every detail, is quite special! Real estate markets go through cycles – they always have, always will. Since I started selling real estate in 1978, I have […]
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 […]
Selling or buying a home with solar
Today, most of the solar panels you see are photovoltaic (PV), which produce electricity for the home or provide power back to the grid. In the 1980s, there was a significant 70% Federal tax credit available if you added solar panels to your home. At the time, we saw solar panels on rooftops popping up […]
Should I co-sign a mortgage for a relative?
Frequently, first-time homebuyers will turn to relatives to help with a down payment or to cosign on the loan. In Boulder County, the prices of homes have risen steadily, and even more so this year with very low inventory and high buyer and investor demand. Due to this, it has been much more difficult for […]
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 […]
Buying college housing starts now – Part 1
A college property purchase can prove to be an astute financial investment as well as a superb learning experience for the student. In college towns across the country every August, college students start returning for the fall semester, generating a torrent of real estate activity. Because the rental housing market tends to be tight in […]
June is home ownership month! Homeownership matters!
NAR’s “Social Benefits of Homeownership and Stable Housing” report reveals that homeowners are happier and healthier. They tend to vote more, volunteer more, and contribute more to their neighborhoods. Historically, June is one of the busiest months for real estate activity, so much so that the National Association of Realtors® (NAR) has celebrated June […]
Buying a home? You will need insurance
When you buy a homeowners policy, you actually receive much more than protection for your home. When you buy a home, you need insurance protection for what is probably the largest investment you will ever make. But when you buy a homeowners policy, you actually receive much more than protection for your home. Most […]