The tax break for forgiven mortgage debt was extended by lawmakers as part of their “fiscal cliff” legislation passed in December. The extension is good through 2013. I posted last month that many … Continue reading...
Colorado Short Sales Surge Before Potential Tax Hike
Many sellers and their agents are rushing to get their short sales sold by the end of the year. That's when a tax break expires that could leave borrowers responsible for taxes on any unpaid mortgage … Continue reading...
$3000 HAFA Incentive For Short Sale Homeowners Becoming More Popular In Colorado
The Making Home Affordable (MHA) program was introduced in 2009 to try and help stabilize the housing market by offering some alternatives to struggling home owners. Part of this program was the … Continue reading...
Short Sale Secrets Most Realtors (and Banks) Will Never Tell You
Short sales have become a recurring theme in my recent posts, but for good reason. Almost half of the homes for sale in the Denver Metro MLS are distressed, meaning a foreclosure or a short sale. For … Continue reading...
Is Short Sale Better Than Foreclosure in Colorado
Many people ask if a short sale is better than a foreclosure in Colorado. This is a good question and there isn't a one size fits all answer. There are a lot of things to consider but many times a … Continue reading...
5 Tips For a Successful Short Sale
If you're thinking of selling your home (or need to sell it because you can't afford the payments) and you expect that the total amount you owe on your mortgage will be greater than the selling price … Continue reading...
7 “MUST DO” Tips for Sellers in 2012
Times have changed and so has Colorado real estate market. Here are 7 tips I believe are critical for home sellers to have success in this market. Hire A Pro - Times are 'a changin' and this is not … Continue reading...
5 Negotiation Mistakes Sellers Make (And How to Avoid Them!)
If you are selling a home in the Denver or Boulder Colorado area, you need to know about some common mistakes I see sellers make when negotiating an offer. Often, they result in either not selling or … Continue reading...
Incentives Attract Buyers, But Do They Close Deals?
In a slower market, sometimes sellers and/or their agents advertise incentives to sweeten the deal and generate buzz about a property. However, buyers tell us it's still ultimately the price that … Continue reading...
3,732 Homes have Sold this year While 18,000 Others Have Not? Why?
Yes you read that right. About 16% of homes listed for sale this year have actually SOLD. That is a daunting statistic for potential sellers. Being a self professed marketing geek, I have uncovered … Continue reading...