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Home Buying in Englewood : Real Estate Advice

  • All57
  • Local Info10
  • Home Buying15
  • Home Selling2
  • Market Conditions1

Activity 22
Tue Jun 10, 2014
Tina Lam answered:
Mon Jul 15, 2013
Sean Dougherty answered:
Do a lease option for 5 years. Your friend can give you a sizeable down payment, pay you a reasonable monthly rent, then close on the purchase when he/she turns 55.

There are other options, as well. Best of luck, and feel free to write back with questions! ... more
0 votes 4 answers Share Flag
Wed Jun 11, 2014
John Chapin answered:
Short answer. YES
Long answer. Appraisers are usually a step or two behind the curve.
The market nowadays can turn on the proverbial dime!
John
0 votes 12 answers Share Flag
Sat Oct 20, 2012
Suz A answered:
Tonya,
I'm willing to bet you get a number of responses over the next few days. The agents will ask for more information and provide a contact number or email. I would encourage you to speak with several local Realtors.

You can use your own process, of course, but you should talk with at least three. There is a lot of information exchanged in the agent-client relationship. So, this person should be someone you think is a good communicator and matches well with your personal style.

A good agent will spend time getting to know you and learning your particular needs - why you are looking for a home at this time, what you are qualified to buy as well as questions that help the realtor narrow down what will meet your needs.

I don't work the Englewood area. However, I hope that helps.

Suz
... more
0 votes 4 answers Share Flag
Tue Jun 10, 2014
Jeanne B Symonds answered:
A comission is a comission - you can always create other business while waiting for the 3 month one to close - generally it can take 45 days to close on any regular deal, what's another 25 days?
Some closings (short sales) can take up to 6 months - Do you work for the buyer (buyer agency) what does your buyer want/think?
... more
0 votes 16 answers Share Flag
Tue Jun 10, 2014
Dan Tabit answered:
Madlom Team,
November and December are traditionally the slowest months in my market. Holidays, dark days, lousy weather all contribute to fewer showings and closings. As the calendar turns, we traditionally see things start to pick up culminating in the late spring when properties look their best and the sunshine puts everyone in a better mood. Best of luck. ... more
0 votes 15 answers Share Flag
Tue Apr 30, 2013
Agents for Home Buyers answered:
You need to talk with an attorney on this one so they can review the specifics of your contract and the timing of events. Generally, under the terms of the standard Colorado contract form, you have a right to withdraw your objections is the seller doesn't agree to meet them...if you do so on the day of the resolution deadline. If you do that, you and the seller remain under contract and the seller hasn't agreed to fix anything. If you don't, the contract terminates automatically and both you and the seller can move on to other things. ... more
0 votes 13 answers Share Flag
Tue Oct 28, 2014
Joel & Audrey Martinchek answered:
Each buyer in this market has to answer this question for themselves. There is no right answer here. It depends on the buyer. Will they live there a long time or a short time. How secure are the jobs in the area. How close to retirement are the buyer's? These and many more factors influence what makes the most sense to each buyer. This is where the professional Realtors, financial planners and bankers can help a buyer make the best possible decision for themselves. ... more
0 votes 6 answers Share Flag
Mon Jun 4, 2012
Brian Burke answered:
What is the Question? Lots of homes pop back on the Market these days.
Brian
0 votes 3 answers Share Flag
Fri Aug 6, 2010
The Kinslow Team answered:
What's the joke? They've only been trying to sell it since 2004. Six months Six years, it's not THAT big a difference. :)

The poor Sellers, it must be very hard for them. Sometimes people think their homes are worth way more then everyone elses homes and have trouble pricing them at a price that will sell.

The MLS shows that it's Under Contract right now.

Sandy Kinlsow
The Kinslow Team
Coldwell Banker Residential Brokerage
kinslowteam@aol.com
... more
0 votes 2 answers Share Flag
Fri Jul 26, 2013
Brian Burke answered:
It depends on how many bedrooms and bathrooms. Is there an attached garage?
These factors are important.
Brian
0 votes 10 answers Share Flag
Wed Oct 13, 2010
Jennifer Girard answered:
It is currently listed in the mls for $12M. At one point it was listed for $9,750,000 and taken off the market to be relisted for $12M.
0 votes 6 answers Share Flag
Wed Oct 13, 2010
Paulette DePumpo answered:
Hi Donald,
I myself rented a home in Cherry Hil ls Village for a year before deciding to buy - but we did not end up purchasing the home we rented. We decided to move in a little closer to town. But we loved our Cherry Hills experience. We loved the big lots, the quiet winding roads, the peacefulness and the friends that we made while there. We lived there in
Your timing is great - currently there are many homes on the market by builders, and they have been sitting for quite a while. Many of them are now for rent/sale.....just hoping to cut their inventory carrying costs. What we did when looking - is found homes we liked that were for sale, called the builders, and started a conversation about us renting for a while to learn more about the neighborhood., schools, communitiy etc. Most builders were very open to it....in fact.....I think all were.
If you haven't already found someone to work with - let me know and I would be a happy to make some inquiries I also wanted to offer to you that I have 4 kids, and am very familiar with the schools etc and would be able to answer your questions about the schools. WELCOME to Denver. What an exciting move!
Paulette
... more
0 votes 3 answers Share Flag
Wed Jul 22, 2015
Jeff K answered:
Hi Jane,

Give Wells Fargo a ring. Assuming you have good credit, it's been my experience that they provide the most competitive rates. Today that's probably about 4 7/8 or 5, with a 60 day lock. I just bought and they beat everyone by 1/8 point . Some mortgage brokers are really great - but some try and hide an extra 1/8th in their for themselves. If you go straight to somebody like Wells, you'll get their best deal.

They can tell you what your credit scores are - but not the full reports. This definitely affects how good a rate you get - but there's not much time for you to improve it since you seem to already be under contract.
... more
0 votes 10 answers Share Flag
Sat Jul 27, 2013
Bill Eckler answered:
Neena,

You are correct in questioning any form of exterior based on outdoor weather conditions. Each location has it issues from, humidity and moisture to scorching sun and extreme cold.

One of the factors we see with stucco is its difficulty to maintain. It is not a surface that lends itself to painting easily and is probably best spray painted....which is another challenge.
... more
0 votes 12 answers Share Flag
Fri Mar 13, 2009
Dallas Texas answered:
You need to make an offer now once a property goes to foreclosure it could be sold to a "pool of investor file". With a foreclosure lender will request serve paperwork for eviction requiring you move.

In order submit an offer you need lender approval statement then work with realtor who represents you.
... more
0 votes 6 answers Share Flag
Thu Jan 1, 2009
Allison Fuhrman answered:
Greetings Beverly,
Unfortunately, when you typed in ENGLEWOOD, it jumped to Colorado instead of Florida. The beach is too far from this Englewood! I would submit a new message and watch for the state!
Happy New Year!
... more
0 votes 0 Answers Share Flag
Wed Nov 5, 2008
Bill Eckler answered:
E.K.

Congratulations on identifying one of the best locations available for your investment. As you are probably aware, there are many wonderful opportunities for buyers today that can potentially provide substantial savings. We are available and willing to share important information about the real estate market in your target area.

Our recommendation is to begin your search by previewing the "foreclosure" opportunities. This will provide an undertanding of what is available in this market. We would be happy to email you this information with no obligation.

Give us a call or email us today and we will get started right away with providing you with information that will lead you to the home that is perfect for your specific needs.

Best regards,
Susan & Bill Eckler, GRI
Michael Saunders & Company
billeckler@michaelsaunders.com

2008 Five Star Award for Outstanding Customer Service
... more
0 votes 1 answer Share Flag
Thu Nov 20, 2008
Bob Schenkenberger answered:
I noticed that you are from Illinois and I'm assuming that you're asking about Englewood, Colorado. If that is the case, there are many options for you in the area. I'd be happy to discuss further if you would like more info, but don't want to waste your time if your not asking about my area. ... more
0 votes 2 answers Share Flag
Sat Oct 20, 2012
Lillian Lively answered:
What is a "free tax forecloure home"? Depending on what you mean by that, you can often qualify for an FHA loan with poor or no credit.

Lil Lively
Your Castle Real Estate
950 Wadsworth Blvd, Suite 120
Lakewood, CO 80214
Cell: 303-746-8827 Fax:303-265-9318
Email: Lil@TopProducer.com
www.LilLively.com
... more
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