Denver Real Estate Blog

Mortgage insurers, whose backing is required for borrowers who can’t afford the traditional 20 percent down payment on a home, have flagged nearly a quarter of the nation’s ZIP codes where they refuse to insure some home loans.

The entire states of California, Florida, Arizona, Michigan, Ohio and Nevada — which have seen the highest foreclosure rates and the worst price declines — are blackballed on some mortgage insurers’ lists.

Mark this down for just one more reason why those considering a home purchase really need to speak to a mortgage lender first. Why would you spend your most valuable resource “time” looking, driving around at $3.50 a gallon+, dreaming, hoping, wishing etc… only to find out yes you can qualify for the home financially, but because you do not have 20 percent you need and mortgage insurance where the home is located is not offered. Bottom line… you can not buy the home and all your effort was for nothing!

Like wise, Realtors who don’t insist that buyer’s spend 10-15 minutes on the phone with a reputable lending source before doing any work are just poor business people. Pop tarts is what they are known as among peers, People who will spend their time and resources without doing their homework first. They are the same type of Realtors who don’t provide the required disclosures mandated by the Colorado Real Estate Commission be given to all prospective buyers and establish in writing who the Realtor is representing, the buyer or the transaction? Representing the buyer or the transaction is not the issue. It’s the fact they don’t follow real estate commission rules and regulations for licensee’s. Also required by the Real Estate Commission as soon as the Realtor is providing real estate services.

Resource

A Colorado Rental Property Resource for both landlords and tenants can be found at http://www.coloradorentalproperty.net . Online land lords can post detailed information regarding their rental property, including 5 color photos. The ad can be self directed by the landlord to their cell phone or property management company. This is a service provided FREE by RealEstateColorado.Net and the ad will remain on line until it is asked to be removed.

REAL ESTATE

If you would like additional information about the Denver Real Estate area in Denver Colorado as well as anywhere in Denver Metro Area contact us at 1-800-791-3990 ext 232.

Jeffery McClintock, is a real estate broker in Denver and prides himself on providing clients with professional guidance in all phases of residential new construction, including market research, product development, consulting, marketing and advertising. His personal mission is to bring to you a level of knowledge, experience, commitment, high standards and results to answer your real estate needs. He believes, the most effective way to provide superior service is to build a strong working relationship with you. His system includes regular consultations and feedback, which is the best tool for identifying and clarifying your real estate objectives and help define strategic solutions. Jeffery has been a licensed Realtor since 1995. During this time he has successfully closed over 135 million dollars of residential real estate, and 40 million dollars in un-improved land amounting to 660 individual real estate transactions. His professional experience includes the Denver Colorado front range and the Second Home market in Breckenridge, Colorado located in Summit County.

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Mortgage Resource

Dawn-Renee Mack has been a Colorado mortgage professional for nearly a decade. She received formal education at Bradley University in Illinois. Today she leads an experienced lending team, which includes not only 30 years of combined mortgage experience but vast accounting experience as well, Mack firmly believes with each loan she originates for clients, to treat your family’s home mortgage as if it were her own. She looks at every situation with an eye for what is best in the present and what will also help you accomplish your long term financial goals.

Dawn-Renee’s lending team firmly believes that client education is vital to a homeowner’s financial success. Through education and excellent service, she elevates what is often perceived as a frustrating and confusing process to a smooth, seamless home-buying experience. “I think the most important aspect of my job besides the planning of my clients’ mortgage future is to make sure they are educated about the process itself. Familiarity with what to expect allows a homeowner to relax, and that is my ultimate goal. Buying a house should be a positive experience!” Focusing solely on mortgages for her entire financial career has allowed Dawn-Renee to become an expert in her field. She knows the ins and outs of widely divergent programs, ensuring that all of her clients get the best possible loan, regardless of their specific situation.

Dawn-Renee Mack has access to over 350 investors and thousands of loan programs is invaluable to my philosophy that I will find the loan that fits my client, not force my client into a loan box that is not in their best interest.”, says Mack. If you have any questions regarding the current mortgage market. Feel you could benefit from an evaluation of your current mortgage loan and or any loan program someone else has proposed and want to make sure it’s really something you should be involved in you can reach her directly at 303-691-5058.