Shopping for a Lender

Shopping for a Lender

The most important step in the home buying process, if you aren’t paying cash, is securing a loan. You’ll need to shop for a lender, compare loan products and get that all-important loan pre-approval letter. Today we’ll take a look at how to go about choosing a lender.

New home construction purchases

New home construction purchases

Owning a home is integral to the American Dream. Owning a home, built specifically for you, with the opportunity to choose colors, floor plan, appliances, and every detail, is truly unique and special!

You can get a loan for a fixer upper

The disadvantages of buying fixer-uppers are obvious: they take time and money to make them livable. The advantages, while not as obvious, may just outweigh the disadvantages for certain buyers or in certain types of markets. Plus, if you play your cards right, you can get an amazing loan that will wrap the cost of the rehab work into the mortgage. You’ll get more house for the money and it will be customized to your tastes and lifestyle.

Buying a 4-unit apartment for your first home

Buying a 4-unit apartment for your first home

Typically, when individuals embark on their journey as first-time home buyers, their initial considerations often revolve around condominiums, townhomes, or modest starter homes. The idea of contemplating a 4-unit apartment as their initial residential choice seldom occurs to many. Nevertheless, this option could serve as an excellent entry point for establishing a real estate portfolio and securing future financial stability.

No down payment? No worries

Are you shut out of the housing market if you don’t have a huge chunk of cash to give the lender for a down payment? Believe it or not, zero to low down payment mortgages are still available and there are ways you can purchase a home with little cash out of your pocket.

Making good financial decisions for your home in 2024

Making good financial decisions for your home in 2024

As you plan your spending and saving routine for 2024, you probably have loads of questions. Are interest rates going up? Could the housing market crash? Is inflation finally easing? Those answers are out of your control, but there is one area where you hold the power: your home.

How to save money when you buy a home

How to save money when you buy a home

If you’re considering buying a home, do yourself a favor and stop looking at homes for sale online and take some steps to ensure you save money on the purchase. Sure, it takes a little time and effort but the payoff may just be a lower monthly house payment.

Retire Right: Ongoing improvements and safeguards

Reverse mortgages have been around since 1988 and there have been dozens and dozens of revisions and improvements over the last 35+ years. Some of the best and most significant changes have just occurred in the last 10 years.

Heightened preparedness: Know your home’s flood risk

Heightened preparedness: Know your home’s flood risk

Boulder County is characterized by its dry climate, so flood risks to homes may not be at the forefront of residents’ minds. Even so, the area is not immune to potential flooding dangers and homeowners and potential homeowners will benefit from being aware of and preparing for the risk of flooding.

Real Estate Q&A: Can we get out of contract to sell our home?

Real Estate Q&A: Can we get out of contract to sell our home?

Several months ago, we had an opportunity in another state that seemed an excellent move for our family. We listed our home for sale, and the closing date is three weeks from now. We just learned that the opportunity has evaporated, and we can no longer sell our house. When we told our real estate agent we changed our mind, she told us it was too late – we were under a binding contract. What can we do?

The sandwich is real

On top of the expenses for aging parents, the sandwich generation is also continuing to support their own children and incurring those ongoing living expenses and possibly college expenses as well. Plus, these folks must also work on their own retirement plans and save money for their own future at the same time. 

At home at the beach: Ensuring a blissful vacation home purchase experience

At home at the beach: Ensuring a blissful vacation home purchase experience

As families ponder the idea of a vacation home, they may start asking numerous important questions. These can revolve around immediate objectives, like determining the frequency of personal use, or longer-term plans, such as establishing the property as a lasting family vacation legacy. Here are several questions to aid in your decision-making process.

The Bernardi Group announces new buyer’s agent and closing manager

The Bernardi Group announces new buyer’s agent and closing manager

BOULDER – The Bernardi Group would like to announce two recent changes to its office. Rachel Rasmussen just shifted from being our Closing Manager to a Buyer’s Agent Rachel Rasmussen has recently been named a new Buyer’s Agent for the Group’s Boulder office. Rachel...