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August 2008 - Posts

Saturday, August 30, 2008 12:01 PM

Weekend Rate Report

Have a safe and happy holiday weekend! Rates improved slightly this week. Rates for the weekend: FHAs and conforming conventionals are ranging from 6.375% to 7.000 %. Jumbos are running from 7.750% to 8.500% . Using CHFAs silent second to achieve 100%
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Friday, August 29, 2008 10:40 AM

Labor Day

The origin of Labor Day Dates back to the year 1882. While looking back at the Labor Day History, we are reminded of the dauntless struggles and efforts that the great American labor force has always been putting in. While the traditions of Labor Day
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Wednesday, August 27, 2008 7:28 PM

Mortgage Tip

We are often asked if borrowers have to include all of their income on a loan application. Except in the case of a loan where there are maximum income limits (such as CHFA, CHAC, Affordable Housing, etc.), the answer is no. It is always best to submit
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Tuesday, August 26, 2008 4:40 PM

One Easy Site for Reliable Real Estate Information

Homebuyers and sellers can visit this website for important information about today's housing market, the benefits of homeownership and quick links to useful real estate tools. housingmarket facts.com Shelli Dore 303-942-0648
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Monday, August 25, 2008 4:15 PM

Organize Your Garage

Is your garage so cluttered that only a toy car will fit inside? If you are wondering where all that stuff is going to go, maybe it’s time to spend part of the weekend creating some order in all that chaos. Get your parking space back with these
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Friday, August 22, 2008 7:37 PM

Friday Rate Update

Rates improved ever so slightly for the week after a rally Wednesday and giving most of it back yesterday and today. Rates for the weekend: FHAs and conforming conventionals are ranging from 6.500% to 6.750%. Jumbos are running from 7.875% to 8.625% .
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Thursday, August 21, 2008 5:16 PM

Today's Mortgage Question

Q: Can a mortgage broker pull a credit report on someone without speaking to them? A: No. A lender must have authorization directly from a borrower before credit can be pulled.
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Tuesday, August 19, 2008 4:34 PM

The Boulder Home & Garden Fair

The Boulder Home & Garden Fair A family friendly event! The finest home, outdoor and green companies showcase their wares at this outdoor event. Tons of activities, workshops and demonstrations, make this an event not to be missed! Free parking !
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Monday, August 18, 2008 5:24 PM

Mom & Son “Camp Out”

August 23 rd , 2008 5-8pm E.B. Rains Park in Northglenn 303-450-8776 Moms and their sons enjoy an event of entertainment, dinner activities and a lot of togetherness at Dogwood Pavilion. For boys ages 5-10. $35 for Mom & Son, $15 for each additional
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Friday, August 15, 2008 4:06 PM

Rate Update - 15 August 2008

This week was almost a carbon copy of last week with rates up at the beginning and down at the end winding up right about where they were a week ago. Rates for the weekend: FHAs and conforming conventionals are ranging from 6.500% to 6.875%. Jumbos are
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Thursday, August 14, 2008 7:11 PM

Denver Area Farmers Markets

I love this time of year and all the fresh goodies you can get at Farmer's Markets! Arvada Farmers Market 5590 Olde Wadsworth Blvd. Thursday’s thru September, 9 am – 2 pm Aurora Farmers Market Buckingham Square Shopping June – October
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Wednesday, August 13, 2008 4:35 PM

Things To Do In Denver During the Democratic National Convention

The convention is coming to town on August 25-28, and whether you are attending or not, there are plenty of events and activities for visitors and locals alike! A Streetcar Named Desire Vintage Theatre – 17 th & York, Denver www.VintageTheatre.com
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Tuesday, August 12, 2008 5:40 PM

Metro home sales rise, prices dip

Metro home sales rise, prices dip By Margaret Jackson The Denver Post The number of homes sold in July increased over the same month last year, but median prices for both single-family homes and condos dropped significantly. The number of homes sold increased
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Tuesday, August 12, 2008 6:52 AM

1031 Tax Planning Bulletin

Housing Assistance Tax Act of 2008 Affects 1031 Exchange Transactions for Property Converted into a Primary Residence Currently, a taxpayer can exclude up to $250,000 of gain realized on the sale of a primary residence ($500,000 for married couples filing
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Friday, August 08, 2008 3:05 PM

Weekly Update to Rates

This week has seen rates up early in the week and back down over the last couple of days ending up right about where they were a week ago. Rates for the weekend: FHAs and conforming conventionals are ranging from 6.500% to 6.875%. Jumbos are running from
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Thursday, August 07, 2008 12:59 PM

Olympic Facts

With the Summer Olympics opening ceremony on August 8 th , I thought it would be fun to share some facts and fun information with you: THE OLYMPIC CREED: “The most important thing in the Olympic Games is not to win but to take part, just as the
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Tuesday, August 05, 2008 6:21 AM

Defining the “3rd Factor” in Moving Quotes

The cost of an interstate move is primarily determined by three factors: distance, weight, and extra services rendered.* Distance and weight are easily understood, but many transferees are uncertain about the 3rd factor-extra services. Extra services
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Monday, August 04, 2008 5:14 PM

RELATED PARTY 1031 EXCHANGES ALLOWED!

When a 1031 exchanger buys property from a related party, they must proceed with caution to meet IRS requirements. Fortunately, there are new guidelines to follow, as seven recent IRS Private Letter Rulings have clarified and affirmed the requirements
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Friday, August 01, 2008 5:05 PM

Rate Update from Steve Terlau of Cherry Creek Mortgage

This past week has been one of the most stable we've seen all year with rates slightly lower than a week ago. Rates for the weekend: FHAs and conforming conventionals are ranging from 6.500% to 6.875%. Jumbos are running from 7.875% to 8.625% . 3/1
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Friday, August 01, 2008 8:31 AM

Carving Out a Share of the Good Life

Fractional ownership of second and vacation homes brings new opportunities By Wendy Cole You have clients who’d love to buy a luxury vacation home on a stunning mountain range or a sparkling lakefront. But the asking prices of $1 million or more
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