The Skinny on Real Estate

A blog about Broomfield real estate

I spent the morning doing yardwork for an 85 year old woman who has hired me to sell her home. One of the neighbors came over to ask me who I was and what I was up to - she thought perhaps I was the home’s new owner. I told her that I’m actually the real estate agent who will be listing the home and I want to make sure it’s in tip top shape before it officially goes on the market. She was surprised and said, “I didn’t know Realtors even did this!” I said, “I do!”

If, by chance, you, or someone you know, are in the market for a house in Northglenn, 1650 square feet total (825 main level and 825 in the basement), 2 beds + 1 bath upstairs, 2 beds (non-conforming) and a 3/4 bath downstairs for $160,000 call me at 303.887.1883 to schedule a showing for this weekend. The home features brand new paint, and brand new carpeting throughout the main level. You can probably get an FHA loan for this home too!

If you’d like to sell your own home and want a Realtor who does things differently you can call me for that too!

HUD released its new increased lending guidelines today and while unfortunately the jumbo loan limits of $417,000 in Broomfield County have not been raised, the limits on loans that FHA will guarantee have jumped clear up to $406,000!

So what does this mean to Broomfield homebuyers? If you have shaky credit (like a bankruptcy or foreclosure in the past couple of years) but are currently paying your bills, and have the income to afford a mortgage, and a 3% down payment, you may be able to get an FHA loan for up to $406,000 and at competitive market rates.

Not every mortgage lender is certified to assist home buyers with FHA loans so be sure you choose the right one! If you’d like a referral to an FHA-certified lender please email me at beth@bethskinner.com and I’d be happy to help you out!

photo credit: *Free-Secret-Life*

Breaking news on the Broomfield real estate market, buying a home in Broomfield, and real estate issues in the Denver-Metro area, every day, on The Skinny on Real Estate.

Yesterday in Broomfield real estate, 4 homes were listed for sale, ranged in asking price from $255,000-$925,000 and included neighborhoods in the Broadlands, Willow Run, Redleaf and Outlook. Please note that the home in Willow Run is a HUD home: this is your chance to own a large home, in a great neighborhood, for a very reasonable price!

If you would like to view any home for sale in Broomfield I would be happy to help you with that. (View a home in February with me and I’ll give you 2 free tickets to an AMC movie theater!) Call me at 303.887.1883 or email me at beth@bethskinner.com

Disclaimer: Based on information from Metrolist, Inc. for the period February 21, 2008 through Febrauary 21, 2008. This representation is based on whole or in part on content supplied by Metrolist, Inc. metrolist, Inc. does not guarantee nor is in any way responsible for its accuracy. Content maintained by Metrolist, Inc. may not reflect all real estate activity in the market.

Breaking news on the Broomfield real estate market, buying a home in Broomfield, and real estate issues in the Denver-Metro area, every day, on The Skinny on Real Estate.

The National Association of Realtors is estimating that the FHA loan limits in Broomfield County will increase from $308,370 to $405,750.

FHA only requires a 3% down payment, offers excellent rates, allows anyone to help you with that down payment, allows for a co-signer who does NOT live in the property, AND IS NOT BASED ON YOUR CREDIT SCORE.

Even if you have had a bankruptcy or foreclosure within the last 2-3 years, if you are currently paying your bills, and have the income to afford the home you would like to buy, you may be able to qualify for an FHA loan.

Unfortunately, the limit on jumbo loans still sits at $417,000 for now.

If you would like to obtain an FHA loan to buy a new home call me at 303.887.1883 or email me at beth@bethskinner.com.

Breaking news on the Broomfield real estate market, buying a home in Broomfield, and real estate issues in the Denver-Metro area, every day, on The Skinny on Real Estate.

HUD is now offering a special sales incentive to home buyers.

$100 down payment!

• You must use FHA financing to buy the home. (I can recommend an FHA approved lender if you’d like.)

• You must use a real estate agent who is HUD approved. (I am HUD approved!)

• You must purchase the home and live in it for at least 12 months.

You can view HUD homes here by county or city if you’d like.

If you would like more information about FHA loans visit my FHA loans page.

Now is a GREAT time to be a home buyer!

I’d be happy to help you find the home of your dreams.

I can assist you with finding FHA financing and viewing HUD homes. Email me at beth@bethskinner.com or call me at 303.887.1883.