Author: Leslie Monaco Real Estate

Leslie Monaco, a born and raised Denver native, has been involved in the real estate industry since 2001 and has helped hundreds of clients call Denver their home. Real estate is her passion and that passion reflects on her sincerity in helping clients achieve their real estate goals and needs. Clients that work with Leslie are provided with first class service from the start, throughout their real estate process and beyond the closing. This is evidenced by her being recognized as a 5280 Five Star Real Estate Agent based on customer satisfaction for the past four years. Leslie is a part of a top producing team with Kentwood Real Estate who consistently sell over $20,000,000 in Metro Denver real estate each year.

Real Estate Term of the Day: Appraisal Report & Appraised Value

December 14, 2011

Real Estate Term of the Day: Appraisal Report & Appraised Value APPRAISAL REPORT – a written explanation of a property’s value including the data and reasoning used to derive the appraised value.  Almost all appraisal reports are provided in a written format (Barron’s Dictionary of Real Estate Terms) An appraisal report will generally include: General … More Real Estate Term of the Day: Appraisal Report & Appraised Value

Real Estate Term of the Day: Appraisal Approach

December 13, 2011

Real Estate Term of the Day: Appraisal Approach APPRAISAL APPROACH – one of 3 methods used to estimate the value of property (Barron’s Dictionary of Real Estate Terms) Cost Approach – based on the reproduction or replacement cost (new) of improvements, plus the market value of the site Market Comparison Approach – value is estimated … More Real Estate Term of the Day: Appraisal Approach

Real Estate Term of the Day: Annual Percentage Rate (APR)

December 11, 2011

Real Estate Term of the Day: Annual Percentage Rate (APR) ANNUAL PERCENTAGE RATE (aka: APR) – the effective rate of interest for a loan per year, disclosure of which is required by the Truth-In-Lending Law (Barron’s Dictionary of Real Estate Terms) The APR rate is not to be confused with the note rate (or the … More Real Estate Term of the Day: Annual Percentage Rate (APR)