Home Buying in Denver County : Real Estate Advice

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Kevan Pewitt, Real Estate Pro in Houston, TX
Kevan Pewitt answered:
The builder that we are under contract with to build our home has told us he will no longer sell us the home.
It depends on how the contract is written. If you used a contract written by the builder, it is likely there is a clause in the contract that in the event of a disagreement with the bu ... more
0 votes Share Flag Yesterday at 9:54am Home Buying in Denver
 Petert, Real Estate Pro in New York, NY
Petert answered:
First time home buyer, can I use my 401k money for down payment without major penalty?
You need some professional expert advice for this, in my opinion. They can help you with home loan suggestions. Y’all are first time home buyers, I think these mortgage loan options c ... more
0 votes Share Flag Sun Apr 24, 2016 Home Buying in Denver
Sally Grenier, Real Estate Pro in Longmont, CO
Sally Grenier answered:
What is the best clause in a contract for a back up offer?
You really should be asking your Realtor this question. He/she probably has a standard clause they use for backup offers.
0 votes Share Flag Sun Apr 24, 2016 Home Buying in 80203
Darrick Kizl…, Real Estate Pro in Englewood, CO
Darrick Kizlyk answered:
what are the realtor fees that a buyer pays?
In almost all instances, the buyer is not responsible for paying anything. Buyer's agents' companies are paid at closing by the selling side. Beware that many buyer's agents will add ... more
0 votes Share Flag Sat Apr 23, 2016 Home Buying in Denver
Five Stars, Real Estate Pro in Jacksonville, FL
Five Stars answered:
Need a home loan for a Jumbo Mortgage
We can help you with the following:
1 loan up to $850,000 - 95% financing, no monthly PMI.
Combo 80/15/5 - 1st and 2nd mortgage up to $1,000,000 - 95% financing. No PMI

These pr ... more
0 votes Share Flag Thu Apr 14, 2016 Home Buying in Denver
Sally Grenier, Real Estate Pro in Longmont, CO
Sally Grenier answered:
I am a Realtor in PA thinking of buying a condo by Univ. of Denver. It is a FSBO w/HOA. How should I proceed- use a lawyer or transaction agent? Thx!
Your call. If the FSBO is willing to pay a Buyer's Agent, it might be worth it to hire one. Where did you see the FSBO listed? Are you sure it's still available? We're in a pretty hot ... more
0 votes Share Flag Thu Apr 7, 2016 Home Buying in Denver County
Ryan Gilmart…, Real Estate Pro in Aurora, CO
Ryan Gilmartin answered:
How is DOM vs Original to Sold Price Differential calculated?
These statistics are interrelated (generally DOM indicates market demand, and close price ratio reflects that) but, I've not seen the differential between the two represented before, bu ... more
0 votes Share Flag Thu Apr 7, 2016 Home Buying in 80220
Ryan Gilmart…, Real Estate Pro in Aurora, CO
Ryan Gilmartin answered:
How safe is the area around Dayton light rail area (line H)? I am looking for a 2 bedroom condo. What is the going rate?
Safe is relative, and as a Realtor this is a very tricky question to answer. Here is a website you can use to review Denver Crime rates: https://www.denvergov.org/content/denvergov/en/p ... more
0 votes Share Flag Thu Apr 7, 2016 Home Buying in Denver
Bruce.sturde…, Home Buyer in Denver, CO
Bruce.sturdevant answered:
How much can we negotiate on a home after inspection is done?
I am a seller and just had the home inspection. All I can say is if you are buying a home from 1940 expect to have to do things to it. If you want everything perfect build a home and fo ... more
0 votes Share Flag Thu Mar 31, 2016 Home Buying in 80203
Ronkeddy11, Home Buyer in Denver, CO
Ronkeddy11 answered:
Approximately how much would it cost to install a bathroom in basement?
Don’t forget the cost of tiling. Your choice of tile and the materials you would like to use, etc. would be deciding factors when you’re considering the cost of installation. It’s ... more
0 votes Share Flag Tue Mar 22, 2016 Home Buying in Denver
Nmr8er2, Home Buyer in Denver, CO
Nmr8er2 answered:
Has anyone built or considered building one of the Shea homes in Reunion, CO area? Did you have a good experience?
Your annihilation of our wildlife is cruel, unacceptable and deplorable. You fake concern about our community is shameful. Why wouldn't you cooperate with the decent people who were wi ... more
0 votes Share Flag Wed Mar 16, 2016 Home Buying in Denver
Sally Grenier, Real Estate Pro in Longmont, CO
Sally Grenier answered:
First time buyer seeks financial assistance
First of all, where are you getting your info? You do not need 20% down (although your payment will be lower, and you won't have to pay PMI, private mortgage insurance). You can buy a ... more
0 votes Share Flag Thu Mar 10, 2016 Home Buying in Denver
Michael Glist, Real Estate Pro in Denver, CO
Michael Glist answered:
Rentals that allow pets in Denver area?
Your best option is going to be renting from a property management company. They can help you find a pet friendly rental and once you get here they can start to assist you in finding a ... more
0 votes Share Flag Tue Mar 8, 2016 Home Buying in Denver
Five Stars, Real Estate Pro in Jacksonville, FL
Five Stars answered:
Can I get a jumbo loan with a 680 FICA score?
As of the spring 2016 - we offering the following options:
1 loan up to $850,000 - 95% financing, no monthly PMI.
Combo 1st and 2nd mortgage up to $1,000,000 - 95% financing. No PMI ... more
0 votes Share Flag Tue Mar 8, 2016 Home Buying in 80204
Michael Glist, Real Estate Pro in Denver, CO
Michael Glist answered:
Is there any reason a lender would object to making a loan worth only 25% to 35% of the value of the house -- about $100,000 to $150,000?
It depends on the whole picture. Typically lenders will not do a loan for less than $40,000. I see no problem with you getting a loan however I do not know the whole situation. Feel fre ... more
0 votes Share Flag Thu Feb 25, 2016 Home Buying in 80203
Steven.o, Home Buyer in Denver, CO
Steven.o answered:
On the Colorado contract to buy and sell real estate, where is the breakdown for buyers agent commission?
Is it unethical for your broker to negotiate appliances as part of his commission and hot tub without you knowing by not including them in the contract and not telling you that's what h ... more
0 votes Share Flag Tue Feb 23, 2016 Home Buying in Denver
Sally Grenier, Real Estate Pro in Longmont, CO
Sally Grenier answered:
Is there a way to search for fixer-upper homes in Denver area?
The only way to search for ANY type of home is to hire a REALTOR as your Buyer's Agent. He/she will be able to create a search in the local MLS that has the most updated listings. FYI - ... more
0 votes Share Flag Sat Feb 6, 2016 Home Buying in Denver
Alexguau, Other/Just Looking in Englewood, CO
Alexguau answered:
I have a home to sell, and am looking for a home to buy or a rent to own with a significant down. My credit is not good. Any suggestions?
Credit is very important on the home buying process, depends how bad is yours most the time is possible to improve it.

Alex Garcia
NMLS # 375022
Mortgage Loan Officer
https://mort ... more
0 votes Share Flag Mon Jan 25, 2016 Home Buying in Denver
Alexguau, Other/Just Looking in Englewood, CO
Alexguau answered:
If Ernest money is held by the title company. Should the seller receive a receipt?
Any party involved on the transaction may ask for receipt confirmation from title, copy of cancelled check from buyer checking account is also a proof.

Alex Garcia
NMLS # 375022
Mo ... more
0 votes Share Flag Mon Jan 25, 2016 Home Buying in Denver
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