About Jefferson County, CO

So you want to buy a house in the beautiful Denver area, but you’re nervous because you’ve heard horror stories about what can go wrong. I’m here to tell you, while there truly is a lot that can go wrong, these problems can almost always be addressed and solved.

As long as home owners want to sell a house, and home buyers want to buy a house (and not TOO MUCH changes in the political realm), things can be worked out.

There’s a lot of annoying things that can happen in the loan process. It’s important to remember that your lender wants you to get a loan, and in fact will not get paid if you aren’t successful. In other words – don’t forget that you’re on the same side!

First, your lender will give you a list of things to do and not to do in the interim before closing, such as, “Don’t buy a car, don’t change jobs”. They may also get very nosey about things like, “Where did this big cash deposit come from?” and ask you to prove your answer. And if your credit score needs a bump up, the lender may say pay off some debts, or contact the credit reporting bureaus to get some things cleaned up.

It’s totally annoying to do what you’re told, but please – in the interest of getting into that new home - Do as they ask. Don’t get creative, don’t get advice from a TV personality or your best friend’s cousin. Some of these tasks will be real, time-consuming work. But they won’t assign anything that’s impossible, just keep pushing and you’ll get through it.

If you chose a good lender, and did all they asked, they most likely will have all they need a few days before closing on your new home. You can relax and start packing. If you chose a not-so-good lender, they will still be working on your package the day you’re supposed to close, and there’s not many things more annoying than that.

Sometimes, even a good lender has trouble getting a difficult loan finalized. But a good lender would have explained what might go wrong and how they’ll try to fix it. And even though not getting the loan would be much worse than annoying, at least you should end up knowing the lender did all they possibly could.

And the best lenders would stick with you, and help you change the situation, so you can get the loan next time.

If you need to find a lender, I can give you names and numbers of a couple of good ones. I don’t receive any kind of financial payback for dong so, just the satisfaction of knowing they’ll do the best job for you.

Here’s some blog posts written by actual lenders, that will help you understand more about getting a loan to buy a house.

What's the Safer Loan?

What is Mortgage APR, Can You Explain It?

Rates, apr, points, fees, gfe's - How the Playing Field is Still Crooked

Why Loan Officers Kill Deals, Cost You Time and Money, and Anger Customers

 (This is the second post in a series. See the first post.)

I write posts on real estate issues and local events in the Denver metro area, especially those communities between Denver and Boulder, as a public service. My hope is to give people an idea of the 'flavor' of our community, in case they're new or moving to Denver area.

I am a residential real estate agent, and would love to assist you if you're considering buying a home or selling a home in the northwestern Denver suburbs.

Find homes for sale in Arvada and nearby communities.

Check out my website.

 

As President of the Evergreen Downtown Business Association, I am excited about this year's annual "Breakfast with Santa and Mrs. Claus." We're hosting it on Nov 28, 2009 at the Evergreen Lake House at 9:00am. Last year we had to turn people away because the venue was too small. This year we expect about 150 parents and kids enjoying their visit with Santa. We plan to have games going on as Santa has a way of chatting too long at each table. The kids love it as does Santa.

It's a great time and a wonderful community event we put on. For ticket information, check out www.HeartofEvergreen.com. They are going FAST!

Recently, a home buyer told me, “I don’t like all these surprises!”  We were in the middle of a short sale transaction, and there were a few surprises but no more than usual. It all seemed pretty normal to me.

Then I remembered, nothing about buying a house is ‘normal’ to most home buyers.  Pretty much everything is either a mystery or a surprise unless I tell them what to expect.

I was pretty sure I HAD explained everything, but obviously it didn’t all ‘stick’.

There’s so many things that can happen, and so many twists and turns (especially with the distressed sales so common today), that when I try to tell my clients everything they need to know, their eyes glaze over and they don’t remember half of it.

So – I’m developing a series of blog posts that will address all the issues I can think of, from the perspective of both home buyers and home sellers, especially those between Denver and Boulder. Many of these issues apply nation-wide, but most are local. So if you, dear reader, are buying or selling a house in another area, please do find a reliable, patient real estate agent you can call your own. If you need help finding one, I belong to an organization of well over 100,000 real estate agents all over the country, and I can give you the inside scoop on a couple in your area.

And if you’re a client of mine during the time period that I’m working on these posts, you just might recognize part of your story used for illustration. So I’ll thank you in advance for all the wonderful subject matter you give me each and every day in the wonderful world of real estate!

I’ll add links to this post as new ones are developed, and I'll do a separate 'starter post' for home sellers, so please come back often.

1.  Getting your loanClick here to read it.

2.  Finding the house

3.  Offer, Counteroffer

4.  Inspection & Negotiation

5.  Appraisal

6.  Closing

7. Moving

8.  The Special Fun of ‘Distressed Sales’

9.  REALTOR Speak

I write posts on real estate issues and local events in the Denver metro area, especially those communities between Denver and Boulder, as a public service. My hope is to give people an idea of the 'flavor' of our community, in case they're new or moving to Denver area.

I am a residential real estate agent, and would love to assist you if you're considering buying a home or selling a home in the northwestern Denver suburbs.

Find homes for sale in Arvada and nearby communities.

Check out my website.

So the year hasn't been that horrific as people have feared. The foothills, just 30 minutes from Denver, are still a location buyers are seeing as a premium location. We've had slight declines in most areas. The once leader in appreciation and minimal declines, South Evergreen took has taken a big hit in median price versus the same period in 2008.

Below is a snapshot of how the market is doing in the Colorado Foothills as of Oct 31, 2009.

House with the Arvada Sun ..

Please scrool down to get the beat ..then return here and repeat:

There is a house..... in Arvada ...Colorado
They call ...a super good ....deal
And now .......its really cool ... for sure.. o boy
Its mod.. and a true number one .

My mother ..she swears....like a sailor
She really likes my new..blue sceens .....yea
My father was a ..common man
bought no down... to be.... very lean.

So mother.... tell your children
they ought ..to really buy ...this one
Spend your money investin ..in this ministry
In the House ..with the Rising fund.

There is a house..... in Arvada Colorado
They call a super good ....deal
And now .......its really cool ... for sure.. o boy
Its mod and a true number one .

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Gary DiGiorgio
The DiGiorgio Group
9035 Wadsworth pkwy 2000
Westminster.Co 80021
Direct 303 898 4279
Office 303 422 5200 fx 303 467 0211
Gary@Di-DenverRealty.com
Di-DenverRealty.com

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