Latest News & Market Trends in Real Estate in Denver, CO Area

Charity Spotlight Features: Press Releases

Giving Back Group & Native American Rights Fund Partnership:  View Article

Colorado Young Leaders:  View Article


 

Market Trends:

Denver Metro Association of Realtors August Market Trends Report:  View Article 

Individual Market Stats (Colorado) - First American Title:  View Article


 

Real Estate News: 

Denver Future Home Appreciation: Showing 'No Signs of Letting Up', Denver Business Journal: View Article

All Time Record Low Home Inventory in Metro Denver, Denver Business Journal: View Article

Denver Rents on Their Way Up Again, Denver Business Journal: View Article

Denver Home Prices Hit a Record High in April, Denver Post: View Article

Denver Still Among Top 3 Cities for Home-resale Price Gains, Denver Business Journal: View Article

Colorado Makes a Strong Debut in U.S. News's 1st "Best States" Ranking, Denver Business Journal: View Article

14 Ways to Get Your Mortgage Approval Revoked, RE/MAX Executive Realty (MA): View Article

RE/MAX February 2017 National Housing Report, Denver Metro Association of Realtors: View Article

Adams County Down Payment & Closing Cost Assistance Program, Adams County Housing Authority: View Article

Home Ownership Less Costly than Renting in 2/3 of Housing Markets, National Mortgage Professional Online: View Article

Denver Area Rents Drop for First Time in 3 Years, 9News.com:  View Article

Housing Market Regains All Value Lost in Crisis, National Mortgage Professional Online:  View Article

Colorado Real Estate Predictions for 2017, Colorado Biz:  View Article

Home prices still climbing in Metro Denver, but sales pace slows, Denver Business Journal:  View Article


 

Buyer & Seller Tips:

15 Home Selling Myths You Need To Stop Believing, Denver Post: View Article

How Much House Can You Afford and Still Retire?, Denver Post: View Article

5 Things To Do Before Visiting an Open House, Denver Post: View Article

How to Challenge a Low Real Estate Appraisal, LinkedIn: View Article

Reasons Why an Appraisal Comes in Low, LinkedIn: View Article

10 Must See Tips: Getting Your Home Ready to Sell this Spring, LinkedIn: View Article

7 Simple Ways to Improve Your Credit Score (Which Saves You Money), Conscious Life News: View Article

Things to Inspect when Buying a Home, Maximum Exposure Real Estate: View Article

10 Anti-Bulglary Tips for Sellers, Realtor Mag: View Article

Properly Preparing for a Buyer's Home Inspection, LinkedIn:  View Article

4 Things You Should Know About Applying For a Mortgage, Fortune Builders:  View Article

Advantages and Disadvantages of Reverse Mortgages, Brundlr:  View Article

First Time Buyers Guide, my Realty Times:  View Article

Downsizing your home? These tips are just for you, Realty 4 Hire:  View Article

What is the actual cost of buying a home?, PropertyCluster.com:  View Article

Top 10 moving tips, Realty 4 Hire:  View Article

9 Important thing to consider when relocating, Realty 4 Hire:  View Article


 

Real Estate News Resources:

Denver Post Real Estate News:  Access Site

Denver Business Journal Residential Real Estate News:  Access Site

CNN Real Estate News:  Access Site

Wall Street Journal Real Estate:  Access Site

Realtor.com Real Estate News:  Access Site

RealtyTimes.com, Headlines, Advice From Agents and more:  Access Site

CNBC, Realty News:  Access Site

USA Today Real Estate News:  Access Site

Ways to Improve Your Credit to Buy a Home in Denver


August 16, 2017

Are you considering a purchase of a new home? Whether it is your first home or your next home, there is much to prepare for before you start looking. As you plan to buy a home in Denver, you can speak with your realtor to get pre-approved so you know the steps to take to be able to purchase a home. To help you build those building blocks, there are a few key tips. Learn the basics of your credit score, tips for building your credit while in the process of buying a home, and the ins and outs of interest rates.

Basics of Your Credit Score

Your credit history and credit score are generated and can be reviewed by lenders when requesting credit, such as a loan or credit card. Your score is a three-digit number and is created based off a few factors, such as history of paying bills on time, how much debt you have, how long you have been building credit, how many times your credit has been ran and the different type of credit you have. Your ability to pay bills on time (or lack thereof) and your total debts have the most weight when it comes to influencing your score. It is important to monitor your score and credit to make sure you are headed in the right direction. It is also important to ensure there are no errors in your report or seeing if anyone has stolen your credit. As a consumer, you can check your credit report for free--so be wary if you find a service asking you to pay. Find one that works for you from The Simple Dollar’s best free credit report site of 2017.

Tips for Building Credit

To get started building credit to enable you to buy a home, you will want to find and sign up for a service that allows you to check your credit. Look for discrepancies or anything questionable. Most mortgage lenders will want to see two to three lines of credit in your history. This can include credit cards, student loans, an auto loan, etc. If you do not have any history, you will want to build it. You can talk to your lender about how long to wait before working to get pre-approved. If can be anywhere from six months to a year. Keep balances low, and work to not exceed 30 percent of your credit cards. If/when you have credit, you will want to lay low once you know you would like to buy. Adding on new lines of credit during this time can hurt your chances of getting a loan.

Interest Rates

If you are in the market for a home, interest rates are lower now than they were two months ago. The average rate for a 30 year fixed loan is just about four percent. With interest rates on the decline, it is a great time if you are in the market for a home. Rates vary too for those who are interested in a 15 year fixed mortgage. It is an opportunity to speak with your realtor about to take advantage of low rates.

Are you currently renting and are ready to make a move to buy? Learn more about the benefits of leaving an apartment and purchasing a home from your Denver real estate agent. To get started to see what you need to do to be able to buy a home, the Giving Back Group will help. We can work with you to help you find what you need to make your dream a reality. Get started today by calling us at 303-881-4881.
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Brokers for Charity: Ways to Give Back this Summer


August 9, 2017

Giving back to your local community is a great way to help others. Whether you need to for service hours or are looking for more ways to get involved, there is much that be done. Volunteering allows you to make an impact within your area and is also a great networking opportunity. In some cases, you can even put your volunteer work on your resume! But volunteering is not the only way you can give back. You have plenty of options to make a difference. From your time to money, to other untraditional ways including using brokers for charity, there is much you can do to give back this summer.

Time

Time is one of the best ways to give back. You will create memories that will last a lifetime and feel great about the work you have done. First, take time to clean up your neighborhood. From picking up trash to pulling weeds and sprucing up landscaping, put together a group that can help to take care of spaces once a month. Do you have a talent or skill that is good for others? Offer your services for free. From resume writing to providing financial advice, you can share your skills for the good of others. Last, find charities or volunteer locations to spend your time. To find opportunities, look at opportunities in Denver, or any city, from VolunteerMatch.org.

Money and Items

Many people do not have much time to donate to their community. There are opportunities through funds or other donations to help. Even if you do not have much to give, there are options. Research local causes that matter to you that you can donate to. Whether it is $5 or $500, anything helps. You can also donate goods that you no longer need. Take some time to go through your house and garage to see what you do not need. From there, you can find charities and locations that you can donate those goods too. Be sure to get documentation for your financial or physical donations as you can write it off on your taxes.

Untraditional Ways  

Did you know there are other ways to give back this summer that are not the traditional routes? A popular way is to mentor in your community. This is a great way to help youth and make an impact on lives. You can also consider utilizing a service that gives back to a charity, such as a broker. If you are considering selling your home, you can use a realtor that donates to charities that matter to you.

Learn more about ways to give back during your move and benefits to donate real estate commissions to charity. To help you with your move, choose the Giving Back Group. As a realtor you can trust, not only will we help you buy a new home and/or sell a new one, we will donate 20 percent of our commission to the charity of your choice. Contact us today to see how we can help you.
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What to Expect During a Denver Real Estate Appraisal


August 2, 2017

So you are ready to put your house on the market! It is an exciting time for home buyers making it a great time to put your house up for sale. One of the first steps you will take is having your home appraised. This is important for you to know your home’s worth and is also great for future buyers as they consider your home. Upon having your home appraised, you might learn about ways to increase its value in inexpensive ways that can lead to long term gains. Learn more about the Denver real estate appraisal process, what to expect and ways you can increase the value of your home.

About the appraisal process

The home appraisal is completed by an appraiser who will inspect your home to define the amount it is worth. It is an important and required aspect of the home buying process to help lenders know the overall value. The value also factors in the area and location of your home as well, in addition to the property itself. It is an unbiased process and will be a point that you will work with your realtor on when putting a price on the home before it goes on the market. Appraisals can last up to an hour and will go through the overall condition of your home.

What to expect

In the weeks or months leading up to the home appraisal, you may want to work on making any fixes to the home that will increase value. Next, as you prepare to have your home appraised, you may need to provide the title to your property to show the appraiser. It is also helpful to have property tax statements handy, too. Your appraiser may ask if any work has been done to the hoe, so that is something you can share too. During the actual process, the appraiser will work on their own. Make sure your home is cleaned up enough so they have access to the entire place. They will not ding you based on your aesthetic choices, but it is helpful and will expedite the process if they can quickly access the different areas of the home. During the time your appraiser is reviewing your home, learn more about what to expect during a home appraisal from SF Gate.

Ways to increase your home value

As mentioned above, anything you can do prior to your home appraisal to raise its value is key. Keep in mind, you want to make smart investments that will provide a return upon receiving a sale. Do your own inspection and look for small things you can fix, from holes and dents in the walls to carpet stains. If you have different areas in the home, such as a bathroom or kitchen, that is extremely outdated, you can consider making upgrades or improvements that will increase the value. This is a great conversation to have with your realtor prior to making changes. Last, don’t neglect the exterior of your home. Make sure your landscaping is tidy and you can invest in a few new ways to boost curb appeal. This may also include fixing cracks in your driveway or sidewalk.

To get start on your home valuation process, work with the experts at Giving Back Group. We will help you get started so you can be prepared to get the most out of your home. When ready to sell, we have you covered. Call us today to see how we can help you at 303-881-4881
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Home Inspections Explained by Your Denver Real Estate Agent


July 26, 2017

One of the most important pieces of the home buying process is the home inspection. Many wish they could cut this part of the process, but it is a crucial point to ensure the overall safety of the home. It is a key piece for homeowners to understand what issues the house may have, which could save thousands of dollars if there is a pertinent issue with the home. Learn about the importance of the home inspection, what to expect during the process, and what happens after your results explained by a Denver real estate agent.

Importance of the Home Inspection

The home inspection process occurs in the final stages of the home purchase process. This will tell a prospective buyer the overall condition of the house and what needs to be fixed. With many issues being below the surface that the eye can’t see, such as electrical or plumbing issues, this deeper look is absolutely necessary. This could potentially save thousands of dollars on an expensive issue, or at least give the interested buyer a heads up on some issues that are there. A home inspector will take up to a few hours to fine comb through every area so the buyer understands what issues there are. When looking for an inspector, it is important to find the right one. Why choose an ASHI inspector? ASHI (American Society of Home Inspectors) are certified. For help finding an inspector, you can talk with your realtor.

What to Expect

The overall home inspection process can take a couple hours, just depending on the size of the home or any issues that arise. During this time, they will go through every element of the house to look for issues. They will look at thing like the heating and cooling system, condition of structure, floors, walls and ceilings, windows, roofing, and much more. As a prospective buyer, you can be present for the inspection. Cosmetics of the home will not be reviewed, just the overall condition.

After the Results

Once the home inspection is complete, the home inspector will put together a report of their findings. They typically categorize out the inspection to help identify urgent issues and emergencies to areas that might become problematic down the road. Once the report has been submitted, it is common for the prospective buyer and the seller to negotiate these fixes. There are sometimes where one or the other will be responsible for all, or it might be split between the two. This is something your realtor can help with.

For a realtor you can trust to help you find your perfect home and through the home inspection process, you can count on the Giving Back Group. Are you looking to sell your home in 2017? Read things to consider from Denver realtors. When you are ready to get started, we are here to help. We will also donate 20 percent of our commission to a charity in your name, so you can feel comfortable knowing you helped others in your home buying process. Contact us today at 303-881-4881.
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Tax Write-Offs on Home Sales Explained by Your Westminster Real Estate Agent


July 19, 2017

Did you realize that you can take advantage of purchasing a home on your taxes? This is a great way to help you maximize the investment of a new home. In addition, once you own your home, you will continue to be able to take advantage of owning a home each year when tax season rolls around. So whether you are hoping to be a first-time homebuyer soon, or have been one for decades, it’s never the wrong time to brush up on your knowledge--especially when it comes to helping put money back into your pocket. Learn more from a Westminster real estate agent about what tax write-offs are, different types of real estate-related deductions, and how moving for a job can help.

Intro to Tax Write-Offs

Each year as an American citizen, you are responsible for paying for your taxes. This should be no surprise! For many, the full amount is taken out through a full time employer. Depending on any side work or other financial status, or if you are self-employed, you may owe. Regardless, getting money back or having to pay less is always an advantage. The more you can write-off or deduct from your taxable income, the more helpful it can be on an overall return or the amount you may owe. Everyone is entitled to a standard deduction, but you may have other situations where you can write off for different factors. These are for itemized deductions. This can include interest on loans, donations to charity and mortgages.

Tax-Write Offs for Real Estate

Homeowners can take advantage of various deductions to take off thanks to their home or recent purchase of a home. The first deduction you can take advantage of is mortgage interest. Next are property taxes. While not every aspect of your property taxes are deductible, some parts are. Every little bit helps! Next, if you install energy efficient appliances in your home or make energy efficient upgrades, those will also help you. In general, if you work on a home renovation project, there are also benefits there for you as well. Be sure to read the 10 homeowner tax breaks you should be taking advantage of from Market Watch to ensure you make the most of your investment.

Moving for a Job and Relation to Real Estate

Did you or will you have to move to a different city for work? This is also an instance to take advantage of on your taxes. It can be tricky, but worth it if you have to move away. In order to qualify, you must have to meet two factors. First, you must move to a location that’s over 50 miles away in relation from where your current home is to your employer. So for instance, if you lived 10 miles away from your job, you would have to move to a location that would be a 60 mile commute. Next is time. In order to qualify for tax benefits, you must work full-time in the area for at least 39 weeks. If you meet these two requirements, you can write-off your moving expenses from your taxes.

Whether you are moving for work or just in the market for a new home, The Giving Back Group will help you find the best home for you. In addition, they will also take 20 percent of their commission earnings and donate it to charity. This is a great consideration as you are preparing your search for Denver real estate. Let us know how we can help you by calling us today at 303-881-4881.
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