by Jon Terry | Aug 21, 2014 | Blog, Buying A Home, Housing Analysis
Inventory remains low and demand remains high. This translates into prices going up and creates opportunities for sellers. Of course, it can be frustrating for buyers; however, if everyone understands the market, then one can create win/win scenarios. At Alaris...
by Jon Terry | Jun 19, 2014 | Blog, Buying A Home, Short Sale
What is a backup offer and what purpose does it serve in this exuberant Denver Real Estate Market? A backup offer is a second place offer. The home is already under contract with Buyer 1, but Buyer 2 submits a contract to the seller. When the seller signs the backup...
by Jon Terry | Jun 3, 2014 | Blog, Buying A Home, Mortgage Guidelines
If you’re shopping for a home or planning to refinance your mortgage, you may be thinking: “Isn’t getting a home loan already a lot tougher than it used to be?” You may have heard that new mortgage rules issued by the Consumer Financial...
by Jon Terry | May 29, 2014 | Blog, Buying A Home, Selling a Home
By Jon Terry, CMAS, JD© Published in Canyon Courier 2014 Our commitment to excellence runs deep. It is our duty and honor to uphold that commitment – plus we like being excellent. In fact, we enjoy it so much that we have chosen to complete a three-month...
by Jon Terry | May 27, 2014 | Blog, Buying A Home, Colorado Living, Personal Finance
Thousands of apartment renters across the Denver area are getting the news that their next rent check will cost a little more. The increasing supply of new apartments in metro Denver isn’t yet affecting low vacancies and increasing rents. Average monthly rents...
by Jon Terry | May 14, 2014 | Blog, Buying A Home, Selling a Home
Median incomes tell you something about how many people in a city can afford a home. According to HSH.com (a trusted mortgage resource), Denver is wedged between Portland and Seattle as the 18th most affordable city out of 25, requiring an annual salary of $48,122 to...
