In general, I believe there are three primary categories of the ways that homeowners use a reverse mortgage: needs based, lifestyle based and planning based.
After 10 years of boom, can we say the Boulder County real estate market has shifted — and will it bust?
The one year anniversary of the Marshall Fire in Louisville, Superior and Boulder County has just passed. The events of the last decade in Colorado, including fire, flood, wind and hail, have shown that most homeowners were under insured or lacked coverage in some areas at all. Now is a great time to meet with your insurance agent to review your coverage.
America’s love-hate relationship with credit is no new phenomenon. In fact, it began before the turn of the 20th century.
I have had clients in the past tell me that reverse mortgages are confusing, and I do not disagree, they certainly can be confusing.
U.S. mortgage rates fell to a four-month low last week, supporting more home purchases and refinancing.
When you retire, would you rather have $500K of home equity and no cash in the bank? Or would you rather have $500K of cash in the bank and no home equity?
The Environmental Protection Agency (EPA) has designated January as National Radon Action Month.
Curious about the difference a talented listing agent can make? Here, we discuss the benefits of having a specialist in your corner.
Real estate has proven to be one of the best wealth building investment opportunities. Most people just don’t make the first step to get started.
One of the largest misconceptions with reverse mortgages is that the homeowner loses ownership of the home, and they cannot pass the home onto their heirs. That is simply not true, you still retain ownership, and you can absolutely still pass the home to your heirs in the future.
Another year passed, and it was a doozy in the real estate world. 2022 turned out to be quite the roller-coaster ride, with rising interest rates, cooling prices, and the shift away from being a seller’s market.
Coldwell Banker Realty agent Karen Bernardi has built her business from the ground up. A tenacious self-starter, Karen juggled the demands of being a working single mom with teaching herself everything she needed to know about real estate.
When an attractive investment property comes up, there will often be multiple offers in the first few days on the market. Therefore, as an investor, you need to be able to analyze the investment as quickly as possible to determine if it is right for you.
People ask me the question, are reverse mortgages expensive? I typically reply by asking the question, “compared to what”?
The Patrick Dolan Team at RE/MAX of Boulder takes pride in being local community experts and, in doing so, brings a wealth of knowledge and expertise about buying and selling real estate to the Boulder Valley community that is hard to beat.
In one sentence, a HECM/Reverse Mortgage is a home equity loan that does not require traditional monthly payments.
An exceptional gift idea is helping your relative or loved one with an interest rate or mortgage buydown
Although it may be tempting to go for sale by owner (FSBO) in anattempt to save money on a Realtor’s commission, it’s far from the best option.
Mortgage rates more than doubled in 2022, but good news made an appearance in November, a positive sign for those buying or refinancing a home.
WK Real Estate has announced the addition of their newest Broker Associate, Ed Rankin to their Longmont office.
As the motto says, Boulder Home Source Team is a Lifestyle. With more than a billion dollars in sales since 1998 and more than 154 million in the last year.
In this season of giving, why not get someone started with a gift and then help create a plan for monthly contributions to an FHSA to save up for a specific down payment by a specific date.
Have you heard of a HECM loan? If not, let me share with you what it is and clarify if it is something you should consider.
Boulder County homeowners have a lot to be thankful for this holiday season. Despite the highest interest rates in decades causing downward pressure on purchasing power, annual statistics show that much of Boulder County still holds double-digit gains in single-family homes median prices.