On Real Estate - The Durango Herald

Is local housing inventory low? It depends

Is it fair to say Durango real estate market is experiencing low inventory? If you’re thinking of buying or selling a home, it’s imperative you look at what is happening with the inventory s...

DATE: Oct 25, 2014 | CATEGORY: On Real Estate

Home values continue to appreciate

The big news in our real estate market is the return of appreciation in median price, which set a new historic high for the first nine months of a calendar year. The previous high...

DATE: Oct 18, 2014 | CATEGORY: On Real Estate

Qualifying for a mortgage loan may be harder

Former Federal Reserve Chairman Ben S. Bernanke said the mortgage market is so tight that even he is having a hard time refinancing his own home loan. If Bernanke can’t refinance ...

DATE: Oct 11, 2014 | CATEGORY: On Real Estate

What goes with the home and what doesn’t?

Disagreements and uncertainty are common regarding what buyers and sellers think remains with a home when it sells. The standard contract verbiage indicates that fixtures remain and personal...

DATE: Oct 4, 2014 | CATEGORY: On Real Estate

Down payment assistance for local buyers

When it comes to purchasing a home, most prospective buyers suffer from two problems; lack of down payment and too much consumer debt. With median home prices around $340,000, th...

DATE: Sep 27, 2014 | CATEGORY: On Real Estate

1031 exchanges can be profitable for investors

The Internal Revenue Service provides a special provision for real estate investors called Internal Revenue Code 1031 exchanges. These exchanges allow an investor to sell one investment prop...

DATE: Sep 20, 2014 | CATEGORY: On Real Estate

Steps can help protect your credit score

Credit-protection companies have been popping up that promise to help you lock down your credit information and protect your identity. While these services can be valuable and worth the subs...

DATE: Sep 13, 2014 | CATEGORY: On Real Estate

Consult with Homeowner’s Association

When considering a neighborhood, one should also consider their lifestyle. In the beginning a home search it is always important to discuss with your Realtor your lifestyle, hobbi...

DATE: Sep 5, 2014 | CATEGORY: On Real Estate

Understanding general terms of sales contract

This week we want to take the opportunity to review a few of the basic terms of Colorado real estate contracts. It is beneficial to have general knowledge of these agreements because most of...

DATE: Aug 29, 2014 | CATEGORY: On Real Estate

Choosing the right broker is important

The choice of the right real estate broker is the most critical part of the home buying or selling process. Unfortunately, most buyers and a majority of sellers end up working with the first...

DATE: Aug 22, 2014 | CATEGORY: On Real Estate

Is your home situated in a flood plain?

During a recent transaction, I became aware of the newly revised flood plain regulations that have been adopted by La Plata County. In researching these regulations, I had a very ...

DATE: Aug 15, 2014 | CATEGORY: On Real Estate

Can you afford to buy a home?

Figuring out what you can comfortably afford means knowing the major things you need to budget for when you buy a home. From one-time expenses like the down payment to ongoing costs like tax...

DATE: Aug 9, 2014 | CATEGORY: On Real Estate