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Englewood : Real Estate Advice

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  • Local Info10
  • Home Buying15
  • Home Selling2
  • Market Conditions1

Activity 34
Wed Jan 18, 2017
Kenny answered:
Housing for Older Persons Act of 1995 (HOPA).
80/20 means they must have 80% at least 1 person of 55+ living in each residence. The remaining 20% is discretionary and can be zero % under 55. Annually updated By-laws for each community will dictate their allowances. The 20% usually is used as a buffer, allowances for inheritances due to deaths and things like that. If you are renting in one and under 55, the Home Owners Association can tell you to leave, after your lease expires. If an owner is renting to under 55 and then in the future the HOA suddenly doesn't like you, those "Condo Commandos" could find something in their by-laws that can be used for force you out. Other laws may prohibit or delay such actions... get an HOPA Lawyer for more info! ... more
0 votes 6 answers Share Flag
Wed Feb 18, 2015
RonS answered:
is what legal? that your summons was laying in the snow? Your going to challenge its legality. The process server is going to say they posted it on your door, prominently and that the whind blew it off. Then they are going to say, "your honor...whatever, they got the notice". Judge is gonna say, "Good point...cased dismissed" (YOUR case is gonna be dismissed). The foreclosure is gonna continue. ... more
0 votes 1 answer Share Flag
Thu Nov 6, 2014
Sally Grenier answered:
You can negotiate, but as others have said...you get what you pay for. The "flat rate" companies are not looking our for your best interests and have no motivation to get your home sold for top dollar. Furthermore, buyers agents are now forced to disclose these listings to their buyers...because the flat rate companies are offering limited co-op commissions to buyer's agents. So if the buyer's agent can't get paid by the seller/listing company then they have to ask their buyers for it. Buyers refuse and are happy to skip those homes! ... more
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Tue Oct 28, 2014
Jennifer Schell answered:
There are several live/work developments near light rail in Englewood and Littleton. I would be happy to help, have your client call me at 720-224-2044 or visit my website at www.HomeRealEstateColo.com ... more
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Tue Oct 28, 2014
Jennifer Schell answered:
The CC&R's would have been established when the builder submitted his plans for the community to the building department, which was very likely a year or two prior to offering the properties for sale. Limits on non-owner occupied units are common because the percentage of non-owner occupied units inhibits the ability for any and all buyers to obtain loans to purchase properties within the complex. In other words, if there are too many non-owner occupied units and the market takes a dive, investors who do not occupy the unit as their primary residence are more likely to stop paying their mortgage & HOA dues and allowing the banks to foreclose on their property. The more foreclosures the lower the prices drop and the more the HOA suffers from unpaid dues. So to limit risk, they limit the number of investor purchases.

You need to work with the listing agent and builder to ensure you are within the first 15% of dwellings purchased by investors. If not, you will likely be unable to get financing yourself when your lender audits the building for investor purchases.
... more
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Tue Oct 28, 2014
Jennifer Schell answered:
HOA fee is the Home Owners Association fee common in some master planned or condominium communities. These vary greatly by community. If there is an HOA fee it should be disclosed on the listing. HOA fees can be due monthly, quarterly or annually. It is also important to understand the financial stability of the HOA and read up on meeting minutes to see if they are asking homeowners to pass an increase in these fees. ... more
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Sat Aug 2, 2014
Eclectic.artist asked:
This question was asked from http://www.trulia.com/rental/3069814154-3906-S-Logan-St-Englewood-CO-80113?ecampaign=con_day_rentalpropertycomp_bk&eurl=www.trulia.com%2Frental%2F3069814154…
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Wed Feb 5, 2014
Laura asked:
This question was asked from http://www.trulia.com/homes/Colorado/Englewood/sold/896776-555-W-Lehigh-Ave-Englewood-CO-80110
0 votes 0 Answers Share Flag
Tue Dec 10, 2013
Robert Gruber answered:
We represent not only buyers and sellers but also landlords. We currently have a property for rent in Englewood. You can check it out here: http://www.trulia.com/rental/3140064565-4120-S-Lipan-St-Englewood-CO-80110.

We represent many properties in the Englewood area for rent. If you are interested please feel free to contact me anytime and I would be happy to let you know what we have available. Currently, places are going very quickly here in the Metro Denver area.

Please let me know if I can help.

Robert Gruber
ParkSide Realty, LLC
(720) 238-2115
... more
0 votes 3 answers Share Flag
Sat Nov 2, 2013
Robert McGuire answered:
Kjunceford,

Englewood is Arapahoe County and Lone tree is in Douglas County. Why do you ask? do you have a particular property in mind?

Robert McGuire
Broker/Consultant
Your Castle Real Estate
http://about.me/robertmcguire33
... more
0 votes 5 answers Share Flag
Sat Jul 20, 2013
The Dixon Group answered:
Hi Christen,

You are going to have your hands full when it comes to credit and qualifying for a home. The good news is most places will likely rent to you as long as you dont have an eviction. If you have an eviction then the company will require you pay that off before renting another apartment to you. If you need help repairing your credit and want to discuss this with a professional please contact us directly at teampowerhousedenver@gmail.com.

Team PowerHouse Denver
... more
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Mon Jul 15, 2013
Guru Ji answered:
better to contact local agents of that city and submit the proper documents related to the query

http://www.guruvinodji.com
0 votes 4 answers Share Flag
Tue May 14, 2013
Patti Johnson answered:
Call: Real Property Management: - Greg Bacheller @ 303-327-5650. This company may have just the home you are looking for! Best of luck!!
0 votes 1 answer Share Flag
Thu May 9, 2013
Gregory Sampier answered:
I agree with what these folks have said. The worst think you can possibly do is "nothing."
0 votes 6 answers Share Flag
Sat Mar 16, 2013
dedwards609 answered:
Sun Nov 11, 2012
Robert McGuire answered:
Leo,

Good answers below. It does depend on the specific rules of the association. Some, probably most are very strict about the 55 year old ownership and residency policy. Some will allow someone under 55 to own it and rent it to someone over 55. There are usually other specific guidelines about relatives who can live there or the amount of time they can spend there with a resident who may or may not have some health concerns. A general answer won't help you here. You will need to speak specifically with your particular association before you proceed with the sale. Best of success.

Robert McGuire ASR
Realtor/Consultant
Your Castle Real Estate
Direct - 303-669-1246
http://about.me/robertmcguire33
... more
0 votes 3 answers Share Flag
Sat Oct 20, 2012
Robert McGuire answered:
Mercedes,

I am not familiar with the term 'free tax foreclosure home'. Care to explain? Contact me. These days it is very difficult to purchase a home having bad credit or no credit. The lending rules have recently tightened considerably. Speak to a lender about this and about the best ways to improve your credit.

Robert McGuire ASR
Realtor/Consultant
Your Castle Real Estate
Direct - 303-669-1246
http://about.me/robertmcguire33
... more
0 votes 2 answers Share Flag
Sat Oct 20, 2012
Robert McGuire answered:
Rene,

The rule is 2 years after the bankruptcy is discharged. In certain unique hardship situations, I have seen FHA waive a year and allow a purchase after 1 year from the discharge. It may be time now to rent, save money and get your credit in the best possible situation to be ready as soon as the 2 year period is up. Good success moving forward.

Robert McGuire ASR
Realtor/Consultant
Your Castle Real Estate
Direct - 303-669-1246
http://about.me/robertmcguire33
... more
0 votes 7 answers Share Flag
Sat Oct 20, 2012
Robert McGuire answered:
Rene,

It would be nice if you didn't, but yes, you still have to wait at least 2 years after bankruptcy to qualify even with a co-signer. I have had a couple of clients that presented a hardship letter for illness and were allowed to purchase with FHA after 1 year. Check with your lender if that applies to you.

Robert McGuire ASR
Realtor/Consultant
Your Castle Real Estate
Direct - 303-669-1246
http://about.me/robertmcguire33
... more
0 votes 8 answers Share Flag
Sat Oct 20, 2012
Robert McGuire answered:
Hi Tonya,

Are you moving to Englewood CO from Florida? If so, I can help. My contact info is below. There are great homes, areas, and prices in the Englewood and South Denver market.

Robert McGuire ASR
Realtor/Consultant
Your Castle Real Estate
Direct - 303-669-1246
http://about.me/robertmcguire33
... more
0 votes 3 answers Share Flag
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