Living Urban in Denver: Real Estate Blog

Why rent when you can buy?  Join us for our FREE First-Time Home Buyer Workshop! You'll learn all the basics of buying your first home at this fun and friendly seminar & counseling session. Seats are limited. Please RSVP at  Live Urban Real Estate First-Time Home Buyer Workshop

 

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Denver home upgrades

Want to love your house again? Check out these easy and inexpensive ideas to give your Denver home a sophisticated upgrade. 

1. I NEVER OVERPAID.

While statement pieces can make all the difference, they’re not always wallet-friendly. For online purchases, I always used the Honey shopping tool, which saved me hundreds on West Elm, Crate & Barrel, and Amazon. For those who aren’t familiar, Honey is a free browser app that applies every promo code on the Internet to your shopping cart (in seconds!). Click here to add it to your toolbar.

2. UPCYCLE.

If you’re not familiar, upcycling is the process of taking something old and turning it into something awesome. And once you start, it’s kind of hard to stop. Instead of buying a bunch of new

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home buying season

Spring. My favorite time of the year and as a Realtor, the busiest home buying season of the year. If this upcoming season is going to be anything like last year, preparing your home for sale is not just important, but mandatory. Thanks to HGTV, today's buyers have high expectations and if you want to attract the stampede of showings, get ready to do more than power wash your home.

Spring Home Buying Season Tips

Fix all the small stuff. You may or may not want to have your home inspected before you list it, but know that the buyer will have an inspection before the sale is finalized. If theyfind small problems, they will worry that there are larger maintenance issues that they can’t yet detect. “They don’t expect to find problems, and when they

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One. Choose the right location.

There is lots of cheap real estate in America. However, much of it may not be worth a lot. It may not be worth much for a couple hundred years, if ever. The key to success is buying in good locations that have demand and good fundamentals. We’ve all heard it over and over—location, location, location.

Two. Buy title insurance.

Getting a buyer’s title insurance policy is important. This is especially true when buying cheap homes from auction or homes that are in distress. Often, agents and auctioneers try to wipe their hands of any liability, which is completely understandable. Still, these properties can have the most title issues. Get covered with insurance.

Three. Make smart offers.

I’ve bought auction

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Denver Rental Market

It doesn't come as a surprise that the Denver rental market increased by half a percent in the past month. Even though there has been a massive amount of apartments added (According to the Apartment Association of Metro Denver 10,000 new apartments), its still not enough to accommodate newcomers. Is it better to rent than own nowadays? From the look of this article nothing is stopping the Denver rental rates from continuing its increasing.

DENVER BUSINESS JOURNAL - Denver rental rates rose in the past month. How much they rose depends upon whom you ask.

San Francisco-based Apartment List reported Wednesday that Denver rents grew by 0.5 percent in the past month, and prices are up 1.1 percent above last year, with median rent for one-bedrooms in

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Denver HOA pros and cons

As I help a first time home buyer figure out if she wants to get a home with a Denver HOA or not, I did some research and found the following insights from real estate agents and home owners. Here are some simple and straight forward guidelines to help you make an informed decision. 

Pro No. 1: Your neighborhood will look good.

Generally, an HOA establishes rules to ensure the neighborhood looks sharp, says Brad Pauly, owner and broker at Pauly Presley Realty in Austin, Texas. These include strict guidelines about keeping lawns manicured, restrictions on parking boats and other large vehicles on the street, and limitations on exterior paint colors.

“This type of oversight eliminates issues with one or two properties weighing down all property

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denver mortgage rates

The question, "What if rates go lower?" overwhelms the mind of every mortgage consumer. The reality is that interests rates move up and down and educating yourself can help you make an informed decision on when to lock in the best Denver mortgage rates.

Mortgage rate lock explained

A mortgage rate lock is a commitment by a lender to give you a home loan at a specific interest rate, provided you close on your home in a certain period of time (which is typically 30 days from when you’re approved for your loan). This rate lock offers protection against fluctuating interest rates—useful considering that even a quarter of a percentage point can take a huge bite out of your housing budget over time.

For instance, let’s say you get a 30-year

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denver airbnb regulationsI heard the new Denver Airbnb regulations on NPR and I knew I needed to share some light on this matter. I have clients and friends that rent their units so I did some research and found the below article written by James Carlson to be helpful. 

The 7 Things You Need to Know About Denver Airbnb Regulations

1. You must live in the place you’re renting out. The primary residence restriction was the most contentious provision of the new measures. Essentially, this prohibits you from renting out a second home on Airbnb or VRBO. You can rent out a room while you’re staying there or the whole house while you’re traveling. You can also rent out a garage apartment or a mother-in-law suite.

2. You must pay a $25 fee. If you’re going to rent out your home,

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Denver Dating Couple

Image Credit: Denver Wedding Photographer, Irving Photography

You flip through profiles late at night, and certain phrases or well-lit photos make your heart skip a beat. And when you think you may have found “The One,” you figure it’s time to make an assessment in person.

Dating? Or house hunting? It could be either.

Neither buying your dream home nor finding true love comes without effort. But just how deep does the comparison go? To find out, we pulled together some data about both—the emotional highs and devastating lows that people experience on their journeys. You be the judge.

1. You Have to Believe that Your Perfect Home is Out There

Before you even begin to look for homes, you’ve probably heard all about rising home prices,

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According to Laura Gaskill, fall is a good time to take care of big home repair projects before shorter days (and in many areas, ice and snow) make outdoor work too difficult. And if you do live in an area with cold winters, take some time this fall to boost energy efficiency throughout your home, and prevent damage from winter storms with proper tree care (we spoke with an expert to find out what you need to do). Tick these 15 items off your list this season, and you can rest easy knowing that your home and yard are buttoned up and ready for winter.

1. Care for trees and shrubs. If you have trees on your property, consider hiring an arborist to care for them — these pros can spot signs of poor health early on to prevent tree loss, and know

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