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New FHA rules designed to sell foreclosed homes faster

“FHA has an unprecedented opportunity to fulfill its mission by helping many homebuyers find affordable housing while contributing to neighborhood stabilization,” Shaun [...]

Tax credit extension welcome, but don't forget counseling

A little counseling along with the home buyer tax credits, can avoid the unintended consequence of creating more [...]

Denver lawyer buys investment real estate, launches real estate college

William Bronchick, a Denver-area real estate lawyer, just launched the online College of American Real Estate Investors.

But Bronchick  disproves that old adage that those who can’t do, teach.

“I’m not talking to people from an Ivory tower,” Bronchick said. “I know first-hand what real estate investors face.”

Bronchick, 44, has been investing in real estate for almost [...]

Title industry can handle tax-credit buying surge

Last week, I blogged that first-time home buyers should place homes under contract sooner, rather than later, if they want to take advantage of the $8,000 federal tax credit that expires at the end of November.

Mortgage lenders and real estate brokers are concerned that the home closing process could take as long as 45 [...]

Rental housing market better off with tax credit expiring

The home building industry, Realtors and first-time home buyers have a lot to gain if the $8,000 tax credit available to qualified home purchasers is extended beyond this year.

Indeed, Margaret Jackson had an article in today’s Denver Post about builders lobbying Congress to extend the tax credit.

But there is one group that isn’t so enamored [...]

CHFA

“CHFA’s Mortgage Credit Certificates will supercharge a first time homebuyer’s federal tax savings by allowing the certificate holder to claim 20 percent of the mortgage interest paid annually, dollar-for-dollar, against their federal tax obligation,” Karen [...]

Downtown homes less than $400,000

Becky Sable, assistant to Dee Chirafisi, the top residential broker in Denver last year and the co-owner of Kentwood City Properties, just sent me an online flyer of eight lofts and condos in downtown.

The units are priced from $299,000 to $389,000, dispelling the notion that downtown living is just for the rich. These units are [...]