Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of shows like “Property Brothers,” “Fixer Upper,” and “Love It or List It,” all in one sitting. When you’re in the middle of your real estate-themed TV […]
Core Logic Q12019
Tarantulas coming to Colorado?
It’s that time of year again when creepy crawlies invade the streets and can be seen in huge groups! No, we’re not talking about Halloween (though that is right around the corner) but rather the annual tarantula migration where thousands of giant spiders cross the highway in search of their perfect mate. If seeing this […]
Cash Out Refinance Changes
HUD has reduced the maximum loan-to-value on cash-out refinance loans to 80%. Previously, a homeowner could borrow up to 85% of the loan to value which would mean that they would be able to take more cash out of the equity in their home. Previous 85% Loan-to-Value Limit New 80% Loan-to-Value Limit Property Value Example […]
Back to School – Bus Safety
Make the most money on your renovations
Not all home improvements are created equal. These will reward you the most when it comes time to sell. Your home is in the perfect location, came at the perfect price, with the perfect lot. (Yay southern exposure!) But the home itself? Perfect isn’t the adjective you’d use. But you knew that moving in, and […]
Why All the Chicken Littles Should Calm Down
The U.S. Census Bureau recently released their 2019 Q2 Homeownership Report. Some began to see the sky falling, believing the report showed Americans may be stepping back from their belief in homeownership. The national homeownership rate (Americans who owned vs. rented their primary residence) increased significantly during the housing boom, reaching its peak of 69.2% […]
Borrowers Get Help
Go cycling this weekend!
Pikes Peak-America’s Mountain 5089 Pikes Peak Highway Cascade, CO 80809 This year makes for the 10th year of The Broadmoor Pikes Peak Cycling Hill Climb. It is a non-competitive fun ride that gives all cyclists a unique experience on Pikes Peak. Event will take place Saturday, August 10, 2019 from 4:45 am-9:45 am. To register […]
Determining Property Type
The Internal Revenue Service considers four different types of real estate. Specific types of properties have benefits based on their classification. The determination does not depend on the property itself as much as it depends on how the property is used and what the owner’s intentions are. Principal Residence … a principal residence is the […]