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: “Location, Location, Location”

April 15, 2015

Real Estate Term of the Day: “Location, Location, Location” “LOCATION, LOCATION, LOCATION” – the “three most important things about real estate”; a popular statement that emphasizes the importance of location with respect to the value of urban real estate (Barron’s Dictionary of Real Estate Terms)  But is it all about location, location, location? I was … More Real Estate Term of the Day: “Location, Location, Location”

Real Estate Term of the Day: Loan-To-Value (LTV) Ratio

April 14, 2015

Real Estate Term of the Day: Loan-To-Value (LTV) Ratio LOAN-TO-VALUE (LTV) RATIO – the portion of the amount borrowed compared to the cost or value of the property purchased – that is, mortgage debt divided by the value of the property. Lenders are often constrained as to the maximum loan-to-value ratio on loans they originates … More Real Estate Term of the Day: Loan-To-Value (LTV) Ratio

Real Estate Term of the Day: Loan Origination, Loan Processing & Underwriter

April 13, 2015

Real Estate Term of the Day: Loan Origination, Loan Processing & Underwriter LOAN ORIGINATION – the process of making a new loan from marketing to closing (Barron’s Dictionary of Real Estate Terms)  LOAN PROCESSING – the steps a lender takes in the loan approval process, from application for a home mortgage through to closing (Barron’s Dictionary of Real … More Real Estate Term of the Day: Loan Origination, Loan Processing & Underwriter

Real Estate Term of the Day: Loan Commitment

April 12, 2015

Real Estate Term of the Day: Loan Commitment LOAN COMMITMENT – an agreement to lend money, generally of a specified amount, at specified terms at some point in the near future (Barron’s Dictionary of Real Estate Terms)  Below is a brief guideline of the loan process: You submit the completed loan application and any required supporting documentation … More Real Estate Term of the Day: Loan Commitment