Bob Schenkenberger - Denver Real Estate

With the addition of Joe Koslosky, the Get Home Denver Team continues to expand and increase the services offered to our clients. Joe brings over 15 years of experience in residential sales, land acquisition, and commercial development and leasing.

In addition to increasing our ability to service the residential real estate needs of our clientele, we now are pleased to be able to handle any commercial real estate needs as well!

If you, or anyone you know is looking to buy, sell or lease a commercial property, please allow us to be of service!

And, as it’s been for the last 18 years, we are NEVER TOO BUSY FOR YOUR RESIDENTIAL REAL ESTATE REFERRALS!

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I recently wrote about the upcoming licensing problems many Colorado Mortgage Brokers would face. This article brought about a lively discussion about whether this was positive or not. I stand by my opinion this is a good thing, despite many great counter points brought up (You can read the story and comments here.)

It’s a moot point now. It’s done, and there will be significantly less competition for competent (and rules following) mortgage brokers in Colorado. If you are a consumer either looking to start the process, or currently waist deep in it, I would suggest you check and see if your mortgage broker is still licensed!

The following is from the Colorado’s Division of Real Estate.

****NEWS ALERT****

The Colorado General Assembly passed House Bill 1085 in 2009. This bill became effective August 5th, 2009. House Bill 1085 defines circumstances in which the Director may inactivate a mortgage loan originator license if they have failed to comply with the education and testing requirements.

· As a result, the Director inactivated 4,560 licenses on August 31, 2009.

· Individuals whose licenses have been affected will receive an inactivation notice e-mail. THIS IS NOT THE INACTIVATION NOTICE E-MAIL.

· Individuals whose licenses are inactive are prohibited from practicing as a mortgage loan originator or in any other capacity which requires a license.

· Individuals who continue to practice with an inactive license are subject to all forms of discipline prescribed in the Mortgage Loan Originator Licensing Act, including permanent revocation and fines.

· Direct managers of individuals with inactive licenses are also subject to disciplinary action if they allow such individuals to continue to practice.

· In order to reactivate a license, the individual must be compliant with all licensing provisions and are required to pay an administrative fee of $500.00, in the form of a money order or cashiers check pursuant to Director Rule 1-4-1, entitled Mortgage Loan Originator Licensing Education.

· Individuals seeking reactivation shall complete the Mortgage Loan Originator Reactivation Form and provide proof of compliance, including but not limited to the surety bond, errors and omissions insurance, and completion of the education and testing requirements.

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The 13th annual “Concerts at the Crescent” series is half over, but it's not to late to enjoy these free events. This weekly concert series is presented by the Goldsmith Metropolitan District, and feature 10 weeks of amazing outdoor performances by local bands.

The concerts all FREE, and located at the Crescent Amphitheater. Located in Greenwood Village, at the corner of Belleview Ave. and DTC Blvd. (Just east of Yia Yia’s Euro Cafe), this outdoor venue is a great place to spend an evening! To get there, take I-25 to Belleview Ave., Head east to DTC Blvd. (approx. 1 mile), turn right and follow the signs for FREE parking.

All shows start at 7:00pm and last approximately to 8:30pm. The amphitheater is grass seating, so bring a chair or blanket and most people bring a picnic dinner. Adult beverages are acceptable, and there are plenty of kids around, so bring the whole family! The music is diverse, but always fun and enjoyable. Pets are not invited, sorry!

Here is the remainder of this years lineup:

• July 14 – Soul X – Mix of contemporary music from 2000 to today.
• July 21 – Runnin’ Wild – Blues & Rock. Winners of “The Next Big Thing” battle of the bands in 2008.
• July 28 – Tidal Wave – Beach Boys, Jimmy Buffet, Reggae…You get the picture.
• August 4 – The Fab 4 – An amazing Beatles cover band!
• August 11 - The Nacho Men!

All concerts are open to the public and parking is FREE also!

For a printable schedule, click here.

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I just got this email from US Senator Michael Bennet. Since it relates directly to the housing market, the local economy, and the $8000 tax credit for home purchases, I wanted to share it here.

Dear Fellow Coloradan,

We all know that the struggling economy has put enormous pressure on Colorado’s families and businesses. That’s why we passed into law the American Recovery and Reinvestment Act (ARRA) in February. This package will work to put our economy back on track, creating or saving 59,000 jobs in Colorado, making historic investments in education, and helping our state grow the new energy economy.

In addition, the ARRA includes an expanded $8,000 first-time homebuyer tax credit for 2009 home purchases that will help to put money back into the pockets of middle class families while giving a good boost to the economy. The details are simple: If you have purchased a home in the last year, or are considering buying a home in the next few months, there are several different ways you can receive this tax credit - even if you already filed your tax return for this year.

I want to be sure that you and all other Coloradans know how to take advantage of this new, expanded tax credit, so I am issuing a “First-Time Homebuyer Tax Credit Alert.” This fact sheet will be available in all of my regional offices and offers information on how to maximize use of this credit. I encourage you to read my “alert” and see if you can take advantage of this tax credit. In addition, you can use the links below for more key information on how to claim this credit.

Throughout the year, I will continue to update you on important developments in Washington. However, I would also like to hear from you. I see my job as taking your experiences and ideas to Washington. Please email me with any questions or concerns you may have. I look forward to hearing from you.

Sincerely,

Michael F. Bennet, Senator for Colorado

Member of Senate Committee on Banking, Housing and Urban Affairs

View Michael Bennet’s ‘First-Time Homebuyer Tax Credit Alert’

View Information From The IRS on First-Time Home Buyer Tax Credit for 2009

View Information From The IRS on First Time Home Buyer Tax Credit for 2008

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If you ask buyers what they are looking for in a home, it’s almost guaranteed they will mention “good flow.” But, what exactly does that mean? If you have visited a model home lately, you probably noticed how floor plans have changed in the last decade or so. [...] Continue Reading…

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