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 March Market Trends Report:  View Article 

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


Real Estate News: 

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,  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:

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?,  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 Real Estate News:  Access Site, Headlines, Advice From Agents and more:  Access Site

CNBC, Realty News:  Access Site

USA Today Real Estate News:  Access Site

Denver Realtors Explain the Top Things To Do and Not To Do When Buying a Home

April 26, 2017

When you are in the process of purchasing a new home, it is crucial that you do not do anything that would hinder your mortgage company to change the terms of your loan. In some cases, major changes could even lead your lender to not allow you to get a loan. From avoiding large financial changes and spending to stability and staying within a budget, learn what Denver realtors recommend to do and not to do when purchasing a house.

Don’t Make Large Financial Changes or Spending

As soon as you even consider purchasing a new home, it is important to keep the status quo with your spending and debts. You do not want to make any major changes. This will keep your debt-to-income ratio the same. Once your debt-to-income ratio increases, it can change terms of a potential loan. Major changes you will want to avoid include charging more to your credit card, taking out loans, purchasing a new car or applying for new credit. Any of these changes can change the status of your credit and therefore could negatively affect your loan application or amount a mortgage company is willing to lend.

Maintain Stability (don’t close credit cards or switch jobs)

Stability is the key when in the process of purchasing a new home. You won’t want to make any other huge life changes as well. This can include changing jobs. While you won’t be able to help it in certain circumstances, it is crucial to examine how it may affect your mortgage. Your job background and history at a company helps to show that you are an ideal and reliable candidate. Typically lenders will look at how long you have lived in a current home and how long you have worked at your current job to help build a picture of how stable you are.

Stay Within Your Budget

As you are working with a lender and they are reviewing your application, they will look at your credit and income to see how much you can borrow to purchase a new loan. In some cases, they may approve an amount higher than you expected. Just because they offer this does not mean you should use this as your budget when searching for homes. You need to work with your realtor to determine what your monthly payments will be and choose a top amount to use when searching for homes. Don’t exceed that amount. For more, read The Simple Dollar’s Why You Should Buy Less House Than You Can Afford.

As you are looking to purchase a new home, The Giving Back Group can help you every step of the way. We will help you with a roadmap to help you determine your budget and max amount that you can spend on a home. For more tips on what to do when preparing to purchase a home, read our guide to managing your finances if you plan to buy a home in Denver. To get started on your new home search, call us today at 303-881-4881.

​Ways You Can Best Use Your Tax Return if You Buy a Home in Denver

April 19, 2017

When you are looking to buy a home in Denver, there are ways you can use your tax return to help you with this investment. For many, they just use their tax return on items they want or trips. But you can use your tax return to put towards your next major investment. From important savings opportunities to investments for your home, to ways to make your current home sell more quickly, there are many smart choices you can make.

Save for Down Payment, Insurance or Emergency Fund

If you are looking to put your entire return towards an investment, consider using your tax return towards your down payment. Given that your home will have so many valuable belongings in it, another consideration you can make investment-wise is to make sure you are purchasing enough homeowner’s insurance. A tax return is a great way to make sure you are not under insuring yourself without having to come up with extra money each month. Plus, discuss with your insurance company if there are any benefits or savings to purchasing a policy all at once opposed to a monthly basis. Next, if you do not have any emergency savings, a tax return is a great start. This way, if something happens, you have money there to help fix the problem.

Invest in Furniture, Appliances, Décor and More

When purchasing a new home, you may have different layouts than your existing home. In some cases, you will need to purchase new furniture or items to make the new space work. If you need to do this, maximize your previous investments by selling them. Then you can take the money you have made plus your tax return to purchase new furnishing for them home. Another important area to look at is the kitchen. You will most likely use your refrigerator, microwave, oven and dishwasher several times throughout the week. If the existing appliances are damaged or are not working properly, it is crucial to replace them. There’s no better time when you have the money to invest. Plus, many stores offer great sales just around tax time. Even if you can’t move into the home just yet, you can always purchase items on a great sale and put them in storage or see if there are ways for the store to hold them for you.

Help Your Current Home Sell

If you are selling a home, a tax return can give you an extra boost to help you sell it. Does the home have not-so-great curb appeal? Take some time to update the landscaping or paint the house so it draws in more attention to prospective buyers. You can also work with your realtor and invest in staging to help appeal to buyers as well. You can also save money and if a potential buyer negotiates, having the extra money will help you come back and help if they ask for certain things.

Looking for additional ways to use your refund? Read U.S. News Money’s 10 Smart Ways to Spend Your Tax Refund. When looking to buy or sell a home, Giving Back Group has you covered. Plus, we will use 20 percent of our commission and donate it to the charity of your choice, in your name. Learn about the ways to give back during your move and benefits to donate real estate commissions to charity and call us at 303-881-4881 to get started.

What to Expect When Showing a Home from Brokers for Charity

April 12, 2017

Selling a home is an exciting time, but one that can be stressful. It all works out well in the end though as you are then able to move into your next home. If you are getting ready to sell a home for the first time, there are a few things to be aware of. Learn how to prepare your home for prospective buyers, what you should do with animals and different trends and timelines to expect from your local realtor and broker for charity.

Preparing for Prospective Buyers

When showing a home to prospective buyers, you can literally receive notice from your realtor at any time. Your realtor will work a schedule out with you that typically can be a 24 to 48-hour window. Sometimes it may be less but you are not obligated to show your home, however, accommodating the potential buyers schedule may help lead to a sale. During the time, you will be showing your home, you will want to keep it as neat as possible. It helps to create a temporary plan to quickly clean and organize so that when you get a notification of a showing, you will not have to clean your house every time. By following this route, you can put clutter away, wipe down counters, vacuum and call it a day. When it comes to your closets, make sure they are not packed full of belongings. One way to combat this is to have storage bins. This is also a great way to quickly de-clutter by putting items in those bins.

Handling Pets

Handling pets after listing a home for sale can be tricky. In most cases, it is ideal to bring the pets with you when you leave for your house to be shown. This will eliminate the risk of your animals injuring the realtor or prospective buyers, or vice versa. This is especially important if your pet is rarely exposed to other people and you do not know how they will react to people they don’t know going through every angle of your space. One thing to do that can help your pet during this time that can be stressful is to talk to your vet. They can help create ideas to make this time less stressful for your furry friends. Learn more about what you should do with your pets after listing your house by reading Selling a House with Pets at Home.

Trends and Timelines

While each situation is different, you will most likely get a lot of requests to show your home within a month of listing it because it is new and fresh on the market. Over time, the longer it is listed, showings may become farther apart. Don’t be discouraged. It can all factor in by the market, housing in the area, time of year and more. If your house is on the market over three months, you can talk to your realtor about options and if you need to make any changes that will help pique interest.

When listing your home for sale, you can trust that the experts at Giving Back Group can help to quickly sell your home. We will help you with all the ins and outs. Ready or looking to sell your home in 2017? Try these things to consider from Denver realtors. When ready, we can help. Give us a call at 303-881-4881 to get started.

Ways to Give Back During Your Move and Benefits to Donate Real Estate Commissions to Charity

During a move, your life can be consumed by everything you should do. You have to pack, possible coordinate with movers, set up your utilities and so much more. While these things might be on your mind, there is so much you can do during the moving process that will help you while moving! Learn how to declutter your home through donation, tax benefits and how you can work with a realtor that will donate real estate commissions to charity.

Declutter by Donation

One of the best times to purge old items is during a move. After all, you have to go through all of your belongings during the packing process! Take this as a time to comb through everything and decide what can go. For clothes, use a two-year window as a rule of thumb. If there are any articles of clothing that you haven’t worn in two years, the chances you will wear them in the future are slim. In addition, any items in your house that you no longer need can be essential to others. From dishes and pans to furniture, you can truly donate anything. This will help you declutter and make for an easier move while helping someone else. Those clothes you don’t want or that extra couch in the basement could really help someone out. If looking for places to donate, Donation’s donation drop off locations website will help you find sites in Colorado.

Food Donations

A move is a perfect time to go through your refrigerator, freezer and pantry and purge unwanted items. Canned goods are great items to donate as they have a long shelf life, but you don’t have to limit yourself to just that. Take inventory of the items that you no longer need from any of the areas. Next, contact your local food pantry of choice to see if they can take in the items you would like to dispose of. Then you can arrange a time to drop it off. This way, any items that must remain cold can quickly go from your refrigerator to theirs. Looking for a place to donate to? Check out Food Pantries “Food Bank of the Rockies Details Page.”

Tax Benefits

Giving back not only helps the services and individuals that take advantage of your donation, but can help you as there can be tax benefits for you. Anything that you donate can be deducted on your taxes. One of the key things that the IRS says in “Eight Tips for Deducting Charitable Contributions” is to qualify for a tax deduction, you must donate items to a qualified organization. Items that you gave to a friend or someone you know will not count. They also note that if you donate items that are $250 or over, you must have documentation of the transaction. For more details and how to write off the taxes, be sure to read their article.

Another way to make a difference in your community during the move is by working with the Giving Back Group. As a premier realtor of Denver, together we can make a difference. How? Giving Back Group donates 20 percent of our commission to the charity or nonprofit of your choice. Learn more about why you should donate to charity and tips from your Denver real estate agent. To get started with your move, let us help! Call us at 303-881-4881.

Is Your Home Properly Priced? Learn the Ins and Outs from Your Denver Real Estate Agent

As you put a house on the market, you are listing it for one reason: To sell. How fast? Usually as quickly as possible. The longer a house sits on the market, the harder it becomes to sell. To help make a sale happen quickly there are a variety of things you can do. One of the most common things is pricing the house correctly. It will draw appeal and be found in the right searches if you do your research to get it right. Learn more about what to do to set a price, making it comparable to similar homes in the neighborhood and tips for working with an agent from your Denver real estate agent.

Initial Research and Making the Price Comparable to Similar Homes

When listing your home for sale, while you will take into consideration what you paid, that will not necessarily be your base for how you price your home. It takes a little work and initial research. One of the first things you will do is research your area. Find out what home values are for homes like yours—from how many stories the home is and square footage to similar features, amenities, etc. Another thing to consider is the market of the neighborhood. If you live in an up-and-coming neighborhood, or a neighborhood high in demand for sellers, you may have some leeway on a higher price as people are actively seeking homes. If your home isn’t in a popular neighborhood, just work to come up with a price that is comparable to similar homes.

Settling on a Price

Do you ever notice many of the things you buy, from something as small as a candy bar to something as major as a vehicle, always seems to end in a nine? For instance, $1.99? There’s a psychology to it. Buyers are more likely to make a purchase when they perceive something at a lower price. But not only is there a psychology to using the nine technique, but it also plays a role in searches. Those looking to purchase a house may search for a specific range, such as homes up to $150,000. By pricing a home at $149,999, you will guarantee that your house falls within that search. Learn more about pricing a home in Inman’s “The Psychology of Pricing a Real Estate Property.”

Working with and Agent

During the home sale process, one of the best things you can do to make sure you price a house properly is work with a real estate agent. They have access to the tools needed to see what home values are going for on houses like yours. They also know how to price the house at the price that grabs attention amongst prospective buyers.

When ready to sell your home, let the Giving Back Group help. We will help you find the perfect price that helps your home sell quickly. We also will donate 20 percent of our commission to the charity or nonprofit of your choice. When getting started, use our home valuation calculator. To get started, give us a call at 303-881-4881.