What will it take to sell your home?

We are entering the spring months- that means it’s almost that crazy season again in Denver real estate. Are you prepared for what it will take to sell your home this year?

When you’re selling your home, especially in a strong Seller’s market like Denver’s, the number one reason a home doesn’t sell is because it’s overpriced. Make sure that your agent is versed in appraiser’s tools in your MLS. In Colorado, this is called a 1004MC- the tool that appraisers use to asses the value of homes sold within a quarter mile of the home’s location. If your agent knows how to use this tool, they’ll hit your home’s price right on target. If you’re in a hurry to move, or just want to get the most out of your property, pricing is imperative for a competitive product.

Your home may be your favorite place on earth- but we all know that our homes can be imperfect. Make sure to take care of minor repairs before listing your home, so potential Buyers only see the best your home has to offer! Fix windows, replace burnt out lightbulbs, and give your home a fresh coat of paint prior to putting it on the market. These simple fix, along with proper pricing, will make sure your home sells.

For more tips on how to sell your home,  reach out to team@chdagent.com.

 

Denver for the Holidays

Top 5 Questions to Ask a Lender

You’ve decided you’re ready to buy a new home. Whether this is your first or your fiftieth, chances are you’ll need to speak to a lender about what is is you can afford, the interest rates that you qualify for, and your target mortgage payment.

These five questions will help you on your path to new home ownership!

1. What is the interest rate?

Your lender will offer you an interest rate based on the loan and your credit. The interest rate, along with the mortgage balance and loan term, will determine your real monthly payment. A loan with a lower balance or a lower interest rate will make for a smaller monthly payment. If you’re not satisfied with the interest rates offered, you can work on fixing your credit.

2. What is the monthly mortgage payment?

As you hone in on the budget for your new home, make sure you are explaining to your lender what you want your monthly payment to be. Oftentimes we forget to include insurance and taxes in your monthly payment- as well as potential home owner’s association fees. Your monthly mortgage payment shouldn’t make you house poor- you should be able to put your money to work for your other financial goals, as well!

3. Is the mortgage fixed rate or an ARM?

Fixed-rate loans are the same rate for the total lifetime of the loan, which can be 10 to 30 years. Adjustable-rate mortgages, or ARMS, have interest rates that change at regular intervals. If you don’t plan on living in your home for the duration of the loan, a hybrid ARM might be a better choice for you. Ask your lender to break down all of the available options.

4. Can you meet contract dates and deadlines?

Most local lenders are excellent at meeting contract dates and deadlines- like the appraisal deadline or closing date. If your lender cannot make the deadlines that are in your local real estate contract, they could potentially lose the home for you.

5. Do you have other mortgage products with lower rates I might qualify for?

Make sure you work with a lender who is capable of creative thinking and who can help you with your current situation. There are a variety of different mortgage products that may fit your needs better than a conventional option.

If you’re ready to buy a home and need to be connected with an excellent local lender, reach out to me. Finding a lender is often the first step in home ownership!

For any other questions, please don’t hesitate to reach out!

Cheers!

Sarah Bowles

1578 N. Emerson Street

1900’s Denver brownstone with over 2000 sf offers an open main living area with original details. The fully restored wood windows, banister details, original hardwoods and tall ceilings capture the history and charm that Denver has to offer. The large windows and skylight shower the home with natural light. Enjoy quiet, as the walls are brick and very thick. The basement has a second entrance, so you can use it as a den or as a rental or mother-in-law suite. The neighbors are a delight and are passionate about community! Enjoy all that Denver and Uptown have to offer, with access to theaters, museums, shopping and dining! Downtown Denver is less than 5 minutes away- so you’ll never miss a beat.

Shaping Denver Get Involved!

Shaping Denver Get Involved! 

 Recently we had an opprotunity to be appart of the BRUN neighborhood meetings. We learn so much in these meetings and will share other fun bit-o-info on other blogs. However, after our most recent meeting we learned about an AMAZING opprotunity that gets US, the community, involved.

“Involved”, you may groan. YES! Involved!

Have you ever made a comment, complaint or quandry about any of the following:

  1. Denver Parks or Denver Recreation?
  2. Denver Pedestrian Walkways, Pathways and Trails? 
  3. Land use or Transportation?
  4. Denver Transit?

Now if you say No, then this a call out. “WE DON’T BELIVE YOU!” If you haven’t gripped about traffic, sidewalks, road closures or any of that then you may be living, well, not in Denver.

Well here is your chance! Get up, do something about it. Get involved. Stop with the “talk” and put some “ACTION” into it! Denver is heading up DenverRight. Their statment is simple, ” Community-driven planning process that challenges you to shape how we want to evolve”. It’s that simple!

So with that, now we all have NO excuse to grip, complain any more. There is now an opprotunity for us to get invovled and help our Little Big City of DENVER grow into what we hope and know it can become!

Check out the video below for some more info, but hey, lets get involved and do something about this city we love called DENVER aka Mile High aka, #myplaceIcallhome.

[youtube id=”EpxKu_t0M3s” width=”600″ height=”350″]

 

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Denver Civic Center Park

Denver Civic Center Park

If you have ever driven in Denver, you may have once driven by the capitol building off of Colfax and Broadway. As well as you may have been privy to experience the frequent bus stops and pedestrian clusers. Well, so did Denver! After a a bit of research the city of Denver and the DownTown Denver Partnership have created a plan to help with the traffic movement and pedestrian safety.

They have created an entire plan to change the flow of traffic as well as the pick up drop of for pedestrians.

civic-center-park

If you want to see what the whole plan is here is the information in detail! 

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