According to Forbes.com Denver is ranked #8 on the list of “Best Cities for Borrowers.” #8 Denver, CO – Average Effective Home Mortgage Rate: 5.12% Mortgages 90+ Days Delinquent, January 2009: 2.3% Mortgages 90+ Days Delinquent, January 2010: 3.5% Foreclosures, January 2009: 1.4% Foreclosures, January 2010: 2%
One thing that is certain in this challenging real estate market is the need for full-time REALTORS®. Things are changing on a daily basis in the real estate market; whether its changes in upfront MIP (Mortgage Insurance Premium), changes to the purchase contract, new lead based paint removal regulations, the HVCC appraisal code, etc. I truly … More The Importance of a Full-Time REALTOR®
It is important that from the whole mortgage/housing crisis that we learn some lessons. Lessons to be learn not only by the professionals that influence the housing market, but also by everyday homeowners. People Were Overspending – For many people who where buying at the height of the market they were surprised when they spoke … More A Few Things We Have Learn From the Mortgage Crisis
To all you buyers out there – I just finished completely revising my Buyers Information Guide. This new version has so much more information about the buying process in Colorado. Here is a brief list of things this guide now has: Working with a Broker in Colorado Recommended Reading Property Characteristics Lender Interview Things to Avoid … More Updated Buyers Information Guide
LESLIE MONACO REAL ESTATE 