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Home Buying in Denver : Real Estate Advice

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  • Local Info146
  • Home Buying549
  • Home Selling90
  • Market Conditions45

Activity 364
Mon Feb 6, 2012
Joetta Fort answered:
This happens all the time. I know it makes you feel like something suspicious is going on, but most of the time the listing agent is doing their job and tellling the truth, but things can change quickly.

It's common these days for bank-owned homes in the Denver area to get multiple offers and sell quickly, often for 10% or more above list price. Actually, any well-priced home can get multiple offers in today's local market.
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0 votes 8 answers Share Flag
Thu Feb 2, 2012
Phil Lunnon answered:
That depends. Generally speaking, 3 bedroom homes are more desirable than 2 bedroom homes. That may not be the case, though, in your neighborhood. If homes in your neighborhood have 2 bedrooms and a dining room, making the conversion may be a good thing. If most of the homes in your neighborhood have 3 bedrooms, converting one of them could hurt the value. You would also want to consider how the dining room "flows" with the rest of your floor plan. If it looks like it doesn't belong, you may have a hard time selling. You should ask a local real estate broker (or 3) to visit your home and give you their ideas. Most brokers will be happy to give you their opinion, especially if it might involve a listing down the road.

Good luck!
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0 votes 15 answers Share Flag
Mon Jan 30, 2012
Ethan Besser answered:
Have your agent call the lisitng agent and explain the situation and ask if your situation would qualify as an owner occ. If you do not have an agent yet, I would be glad to make the call for you and help you find buy the house.

Let me know if you have any other questions. Call me at 303-856-8980.

Thanks,

Ethan Besser
Keller Williams
303-856-8980
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0 votes 13 answers Share Flag
Wed Jan 18, 2012
Pete Cook answered:
If the first agency relationship has expired and you are not purchasing a property that the previous agent showed you, you are fine. If you go back to the first property with a new agent and it is within your holdover period (see your buyer agency agreement with the first agent), you could owe the first agent commission. ... more
0 votes 6 answers Share Flag
Fri Aug 10, 2012
Skeeter Wilson answered:
If you are concerned about crime in an area the two best ways to check it out is 1. Call the local police department and get their input. 2. Go to a neighborhood you like and ask some of the neighbors what they think of their neighborhood. There are websites that can give you information also. ... more
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Tue Jun 26, 2012
Tim Moore answered:
No idea what CHFA is. You should contact and speak to some agents in your local area and look for one that you can work with, is experienced with at least a few years of full-time experience. See who you like, who returns your calls and then work with them, put your trust in your agent and let them guide you.

I don't think you can say that bank owned homes (what you call a foreclosure) is always the best deal. they sell them at or near market values as do regular sellers and a regular sellers home might be in better shape. Banks won't do repairs so you will have to.

Find an agent and let them show you the way.
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0 votes 58 answers Share Flag
Thu Jul 14, 2016
Chris Eisenhard answered:
Hi Chris,

That really depends on the details - what kind of repair was completed, extent of damage, possibility of further damage, etc. I would be happy to complete a free CMA for you if you are wondering what your home is worth. Please feel free to contact me anytime.

Chris Eisenhard
303-349-5035
chris.eisenhard@gmail.com
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0 votes 17 answers Share Flag
Tue Apr 17, 2012
Brian Burke answered:
Look at everything, There are deals out ther. We have HUD Homes and foreclosures on www.kennarealestate.com
0 votes 22 answers Share Flag
Sun Mar 24, 2013
Brooke Hengst answered:
David Hays does a wonderful job!

DAVID HAYS
CERTIFIED HOME INSPECTOR

Buying a home is a very big investment and one that will be with you for a long time. I highly recommend having a Home Inspection prior to closing on your loan.
You need "The right inspector, right away."

Phone

1 720.670.0366 Work
1 720.217.7821 Mobile

Website

http://www.allpointshomeinspections.org
http://facebook.com/denverhomeinspector
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0 votes 11 answers Share Flag
Thu Nov 3, 2011
Tim Sparks answered:
Hi there
What would be a good time to call you on the phone to discuss some options? please shoot me an email and I will give you a call.
Thanks and hope to hear from you soon

Tim Sparks
303-972-1891
meadowsagent@gmail.com
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0 votes 9 answers Share Flag
Sat Oct 29, 2011
Anna M Brocco answered:
Since no link is visible, either directly contact the listing agent, or any local agent/realty office can also help you with showings, information, etc.; they all have access to the same information... ... more
0 votes 6 answers Share Flag
Sun Jan 8, 2012
Sally Grenier answered:
Rent to own situations rarely work out and they usually never benefit the buyer/renter in any way. You should focus on rebuilding your credit for now. Good luck!
0 votes 8 answers Share Flag
Tue Jun 14, 2016
Don Tepper answered:
Depends on how you define a "flipper."

Wholesale deals (which isn't quite what you're describing): $5,000-$7,500, though it could be higher.

Deals in which the investor actually purchase the property, does some work on it, and then resells it: In the range of $20,000 or so. Anything less, and it's too risky--too much exposure, too much work, and not enough margin if things go wrong.

Hope that helps.
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0 votes 19 answers Share Flag
Mon Oct 3, 2011
Don Tepper answered:
Gee. Depends on the size of the house. Depends on the value of the house. And it depends on what the utility bills and the gas/electricity differential are in your area.

Just running a few numbers through my mind, I'd say 1%-1.5% of the house's value, with a $2,000 minimum. But, as I said, there are lots of really important variables to consider.

Hope that helps.
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0 votes 3 answers Share Flag
Sun Jan 8, 2012
Tim Sparks answered:
Hello,
I would be more than happy to discuss this with you. I have been selling Real Estate in the castle pines,castle rock and parker areas for the last 5 years. All 3 areas are different and I believe that Castle Pines Village would be the best fit for you. The reasons are , living in the village gives you the feel of being in the mountains without leaving your house. You would be protected from the wind because of the mature trees. Please contact me for more inside scoop on some homes located Here.
Tim Sparks
303-972-1891
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0 votes 13 answers Share Flag
Thu Aug 11, 2011
Ethan Besser answered:
Dear Quinn,

I can help you as I have a condo getting ready to come on the market meeting that description. You can call me until 12:00p.m. tonight or anytime tomorrow.

Call me at 303-856-8980 and I will find you a great deal on the perfect condo!

Ethan Besser
Keller Williams DTC
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0 votes 11 answers Share Flag
Wed May 29, 2013
Scott Godzyk answered:
The 2 just do not go together these days, a very low credit score such as 500 would require a large down payment. As always the best advice is for them to meet a loan officer and get oprequailified as they are the only ones that can make a loan work if at all possible,

http://www.trulia.com/blog/scott_godzyk/2010/10/where_do_i_is_start_if_i_want_to_get_a_mortgage

Please see my blog with tips and advice on getting a mortgage
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0 votes 13 answers Share Flag
Fri Dec 21, 2012
Pam Parker answered:
Hi Marcus,

If you want Cherry Creek schools and be close to DTC then Willow Creek is a great neighborhood between Yosemite and Quebec and Dry Creek and Cty Line Rd (about 10 min). I know of a great updated detached patio home that may still be available. It came on the market about 10 days ago.The next affordable area would be Highlands Ranch and if you don't mind a 20-30 min. commute Parker is very affordable and the homes will be newer. The closer you get to downtown Denver and the heart of DTC will be more expensive. Another thought is Littleton around C-470 and Broadway/Santa Fe. There are very nice affordable neighborhoods and the commute would be about 20 minutes but the homes were built in the 80's, so not newer.

So,those are a few ideas. Let me know if you would like me to email you specific properties so you get an idea of what is available. Just let me know your priorities, price and bedrooms/baths you want to have.

Best Regards,
Pam Parker
Perry & Co
303-875-7117
pamparker@perryandco.com
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0 votes 23 answers Share Flag
Fri Feb 22, 2013
Ron Thomas answered:
You may find that Buyers are responsible for their own Inspections, and the Homeowners are responsible for the Utilities from the curb to the house.
This can vary from area to area and State to State.
You would have to involve an Attorney at this point.
You would also have to be talking about a lot of $$ for repairs to make it worth while.
And two years has elapsed?

Good luck and may God bless
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0 votes 11 answers Share Flag
Wed Jul 13, 2011
answered:
You can call Excel Energy (800-895-4999) who is probably the utility company and get a 12 month average, High and Low.

hope this helps.
0 votes 4 answers Share Flag
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