Explore Highlands Ranch, CO

By Randy Russo
(Your Castle Real Estate)
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How can you improve your FICO score?To improve one’s credit score, it’s critical to understand the factors influencing a credit score.  The factors that contribute to a FICO score and the weighted percentages for each are as follows:•    35% — timeliness of payments •    30% — the ratio of used d...

By Randy Russo
(Your Castle Real Estate)
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How does your FICO score impact your interest rate on your loan?Low credit scores are deemed greater risk for lenders since the likelihood for defaulting on the loan increases.  As such, lower FICO scores translate into higher interest rates.  Mortgage lenders will group credit scores in a range,...

By Randy Russo
(Your Castle Real Estate)
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What is a FICO score?FICO stands for Fair Isaac Corporation, a company that created the most used credit scoring model in the United States.  An individual’s credit score is calculated through a statistical algorithm and is used as a factor in determining the likelihood of a borrower defaulting o...

By Randy Russo
(Your Castle Real Estate)
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TOPIC: Improving conditions in Denver’s  marketThere are some signs of strengthening in our Denver market.  The metro area's inventory of available resale housing decreased 20% to 23,120 units in October from October 2007.  Some of this reduced inventory is attributed to homeowners taking their p...

By Nancy Quade
(Your Castle Real Estate)
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Investing in Real Estate 3 – Rental Condo or Rental HomeThis blog will discuss a type of real estate investment, rental condos or rental homes, in the Tresana area in Denver.What this investment is:  Purchase of a residential property to be rented out to tenants, usually on a 6-12 month lease ter...

By Nancy Quade
(Your Castle Real Estate)
Comments 1
Investing in Real Estate 2 – AssignmentsThis blog will discuss a type of real estate investment, assignments, in the Tresana area in Denver.What this investment is:  An investor who is interested in Assignments gets a property under contract for an attractive price then assigns the contract to an...

By Nancy Quade
(Your Castle Real Estate)
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 Topic:  Special considerations for Investor loans The talk around the water cooler these days is all about LOANS. Who can get them? At what price? What if I already have a few loans, do I still qualify?  A year or two ago the question was at what price do I get a loan (those were the days!).  To...

By Nancy Quade
(Your Castle Real Estate)
Comments 1
Topic:  Investor Series:  Why sewer scopes are important  A LOT of agents don't advise their clients to get sewer scopes when they purchase a property. This is a major mistake.  A broken sewer can cost between $3,000 - $10,000 dollars to repair and it only costs $99 ($99Rooter - others are more e...

By Nancy Quade
(Your Castle Real Estate)
Comments 1
Topic:  Investor Series:  Estimating Rents A lot of clients ask me how to figure out what market rents are in a neighborhood. This is a critical input into the calculations an investor needs to make in order to determine what their return on investment will be on a rental property. So you don't w...

By Nancy Quade
(Your Castle Real Estate)
Comments 1
Topic:  Investor Series:  Things to look for when you look at roofs Have you ever driven through Aurora North looking for a rental property and taken a close look at the roofs?   Here's what you'll see: a bunch of 1950's ranches in varying states of repair or disrepair, lawns that are often grass...

By Nancy Quade
(Your Castle Real Estate)
Comments 2
Topic:  Investor Series:  Things to keep in mind when seeing a foreclosed home As investors we face a number of very real and very scary challenges. Making sense of this market is no mean feat and one has to be very careful with his or her investment. However, we usually think about danger as fin...

By Nancy Quade
(Your Castle Real Estate)
Comments 1
Topic name:  Investor Series:  Understanding Egress Windows  A lot of investors ask what an egress window is and when one is needed. Technically, it's a window for a room below grade that a municipality has deemed large enough to be safe for exit in case of emergency.   While there are some varia...

By Nancy Quade
(Your Castle Real Estate)
Comments 1
Topics for Investors:  Basement Kitchens You walk into a property you're looking to buy and rent and you walk down into the basement and voila! you find a full second kitchen.   Great!  You start calculating how much rent you could get if you could rent the downstairs separate from the upstairs a...

By Brian Burke, Broker & Advising Expert-Denver Luxury Real Estate
(Kenna Real Estate)
Comments 1
Homes for sale Highlands Ranch - market watch Nov 08 - 80130Currently there are 129 homes for sale in Highlands Ranch in 80130 zip code. The 80130 zip code covers Eastern and Southern portions of Highlands Ranch. The price per square foot of available homes ranges from $113/sf to $229/sf. The ave...

By Lori Hinsberg
(Your Castle Real Estate)
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Loan Considerations for Buy and Hold Investors As far as investment loans, little or no money down loans are impossible.  However, lenders do permit the use of Home Equity Lines of Credit or second mortgages from other properties owned by the borrower as a source of down payment.  Or, self-employ...

By Lori Hinsberg
(Your Castle Real Estate)
Comments 0
Loan Considerations for Fix & Flip / Short-Term Investors Securing conventional financing on a fix & flip or short-term loan is not recommended.  Most conventional lenders sell off their mortgages to investors on the secondary market.  If the loan is paid off early (before six payments are made),...

By Lori Hinsberg
(Your Castle Real Estate)
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Loan Considerations for Jumbo Mortgages For the Greater Metro Denver area, any loan amount greater than $417,000 is considered a jumbo loan.  Fannie Mae and Freddie Mac assign different thresholds for various regions across the country.  For instance, $417,000 is not considered a jumbo loan in a ...

By Lori Hinsberg
(Your Castle Real Estate)
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Loan Considerations for Loan Amounts Between $200K - $417K  With all the doom and gloom publications that are mostly exaggerated, many potential borrowers believe that home mortgage lending options have dried up.  While underwriters and investors are scrutinizing files more closely, attractive ra...

By Lori Hinsberg
(Your Castle Real Estate)
Comments 0
FHA First-Time Buyer Tax Credit In an effort to boost the sagging real estate market and overall economy, first-time home buyers are being offered a limited time tax credit when purchasing a primary residence.  The highlights of the tax credit are: ·   The tax credit is available for first-time h...

By Lori Hinsberg
(Your Castle Real Estate)
Comments 0
FHA First-Time Buyer Tax Credit In an effort to boost the sagging real estate market and overall economy, first-time home buyers are being offered a limited time tax credit when purchasing a primary residence.  The highlights of the tax credit are: ·   The tax credit is available for first-time h...

Highlands Ranch, CO Real Estate Professionals