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80222 : Real Estate Advice

  • All11
  • Local Info0
  • Home Buying3
  • Home Selling2
  • Market Conditions0

Activity 6
Wed Oct 25, 2017
Kathy Burgreen answered:
V.B. Adding more information to educate you a bit...Typically in very expensive housing markets (New York City, San Francisco, Washington, D.C., etc.) realtors tell buyers upfront that buying a cheap or foreclosed home is not realistic and the odds of getting one is 0. Since I was a realtor in the NYC area (extremely expensive), I also had to tell buyers to sacrifice and instead of getting a house, the only thing they could afford was a condo or a coop.

Based on your situation I’m getting the idea that Denver is now one hot and expensive housing market. Unfortunately you need to be realistic and if your approval is much less than what the average house sells for, then you need to start looking at condos, manufactured homes, etc. because this is all you can afford. I hate to say it but buying a single family house is not going to happen. Sorry.
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Thu Dec 8, 2016
Angelica P answered:

We didn't get enough information about your problem to resolve the issue. Please provide us with complete property address and we will be happy to assist you.

For future reference, you can feel free to contact us about this type of inquiry through our contact form here:

Thank you for using Trulia!

Consumer Care Advocate
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Mon Dec 21, 2015
Nishant.patel16 answered:
I am non US citizen, planning to buy a hotel in USA, My acquisition is it possible to get a loan for this investment and if yes what is the minimum required down payment to get a loan?
0 votes 11 answers Share Flag
Thu Jun 11, 2015
Leonajulli answered:
It does not hurt to shop for you own title insurance but there are a number of things you should consider. In Colorado it is usually the seller who pays for title insurance so they are usually the decision maker of which company to use. The buyer is the beneficiary, so they may want a say in it. Title insurance is insurance for future claims and many title insurers have gone out of business in the last few years, so the buyer may not want to take a chance on a smaller company. Not all policies are equal, find out what is covered and what are the exceptions. Not all closings are equal, it is scary to have a closers who seems to be winging it. I have seen where the closers had not filed the proper paperwork and it was not discovered until the house is put back on the market. You may not want to rely on your Realtors recommendation, but at least carefully consider it, they use title companies all the time and have valuablle experience.

Reference Limk:
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4 votes 20 answers Share Flag
Mon Jun 8, 2015
A real estate attorney will be your best option when doing everything yourself. If you are not waiting to pay for an attorney the buyers lender and the title company rep(s) can be of great assistance to let you know what all needs to be done on both sides so everyone is in compliance. Feel free to reach out with any questions, i hope this information helps. ... more
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