Buying real estate continues to be cheaper than renting in the vast majority of major U.S. cities, according to a quarterly rent vs. buy index from real estate search and marketing site Trulia. This index compared the median list price and the median annualized rent on a two-bedroom apartment, condominium or townhouse in [...]
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From time to time the IRS releases tips designed to help people with their taxes. Some of these are quite useful. The agency released “Ten Tax Tips for Individuals Selling Their Home,” (IRS Summertime Tax Tip 2011-15). As a real estate agent or broker, it is not my job to give home sellers tax [...]
The good news for homeowners: Consumer Reports’ latest tests yields a tantalizing menu of value-priced kitchen upgrades that cost as little as $1,000. Besides paying off now in improved looks and convenience, these smaller upgrades are likelier to pay bigger dividends later as home prices rebound. Here’s the list: Add fresh paint [...] 
On today’s market, every savvy seller wants to know what turns buyers off, so they can get their homes sold as quickly as possible, for as much as possible. But buyers, take note – there is a minefield of seller turn-offs you can trigger that hold the potential to keep you from getting [...] The Westminster CO Real Estate market for the past 4 – 5 years has had it’s share of distressed sales of REO’s and Shortsales. The percentage of sold Shortsales and REO’s in the Metro Denver market has consistently been in the 35% – 45% range as our market has suffered through an unprecedented downturn. While the [...] Here’s what you need to know about getting a mortgage for an investment property: If you are buying a 1-unit investment property, you need 20% down. Fannie Mae underwriting guidelines say you only need 15% down. However, you also need mortgage insurance if you have less than 20% down, and no mortgage insurance [...] Homeownership is Still the Best Investment In Westminster, CO, a Pew Research study done in March revealed that 81% of adults still believe buying a home is the BEST long-term investment you can make. What’s amazing to me about this study is that 47% of the respondents said that their home has dropped [...] In Colorado, Westminster Real Estate is still seen as a solid investment and Coloradans in general are more optimistic about the economy and the future. We have expanded our economy by adding a lot of green industries and hope that this transition will bring more job growth as well as higher paying jobs into [...] Some of the new tax laws can catch up to independent contractors through the investors or companies they maybe working for. A self-employed service provider such as a gardener, plumber or accountant you hire to perform services for your rental activity is an independent contractor for tax purposes — and not your employee. As [...] The Little Number that Makes a Big Difference Your credit score is one of the key deciding factors for life’s big purchases. A good score means you get better interest rates and in some cases, more flexible payment terms. Conversely, a bad score may prevent you from achieving your goals as it often results [...] |
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