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Estimated FHA closing costs for sellers -buyer getting an FHA loan

FHA LOAN SELLER’S CHARGES (buyers getting an FHA loan) 1. Loan Payoff (per existing lender’s payoff letter) 2. Commissions (per contract) 3. Title Insurance-Owner’s Title Policy 4. Tax Certificate 5. Prior Year Taxes Due 6. Prorated Taxes for the Current Year 7. Water & Sewer Bill 8. Record Release of Existing Loan 9. Inspection Fee* 10. Loan Discount Fee* -as per contract 11. Assignment of Deed of Trust* (if applicable) 12. Document Preparation* (if applicable) 13. Tax Service Fee* 14. Real Estate Closing Fee 15. Express Mail Fees (if applicable) 16. Homeowners Dues, Fees, etc. *Amounts Determined by the New Lender Note: Buyer must pay all prepaid expenses. All other charges are negotiable if agreed to by all parties in the sales contract.
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Choosing the right Real Estate Agent

A little advice to all home sellers: When choosing an agent to sell your home, please make sure that they have a full service showing service or company behind them. Some agents (with small and large firms alike) do not bother submitting the listing to a true listing service (saves a couple of bucks) and instead rely on their cell phone to take a message and call back at a latter time that may no longer be appropriate for the showing agent. Remember: If you do not show your home; you are not going to sell it. Second: An agent that gives the lock box combo over the phone is an agent that is compromising the safety of your home, because most of the time they have no way of verifying the credentials of the caller.
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Homes Sold Report for Willow Creek (Jan-Aug 2008)

Sold Real Estate Report for Willow Creek in Centennial. Data is from the County of Arapahoe, and reflects sold homes during the period of January to august 2008 Homes Sold Day on Market Sold Price $/Sq Feet Homes Over 2400 SqFt 9 135 451K 171 Homes Under 2400 SqFt 29 67 311K 165 Patio Homes 7 81 286K 166 Townhomes 9 150 226K 137 Click here for active homes for sale in Willow Creek Disclaimer - the information and commentary provided in this blog are opinions of Homes And People and should be used for informational purposes only. The information is deemed reliable but not guaranteed. © Copyright 2008 Homes And People
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Northwest Denver Home Sale Statistics 2004 to 2008

2004 was a record year in terms of number of home sales in Colorado. So how do we compare in 2008? The Data included is for northwest metro Denver including: Broomfield (BRM), Denver North West (DNW), Downtown Denver (DTD), Jefferson County Central (JFC), Jefferson County West (JFW), Jefferson County North Central (JFN), Lafayette (LAF), Louisville (LSV), Mountain Gilpin County (MGC), Mountain Jefferson North (MJN), North Suburban West (NSW), and Superior (SUP). Click here for an MLS area map 2004 2006 2007 2008 Total Inventory 3,781 3,722 3,447 3,114 Sales YTD 2,375 2,185 2,266 2,015 Sold Price 262,366 276,191 274,713 261,451 % of List Price 98% 98% 98% 98% Average Days on the Market 85 98 110 108 Based on information from Metrolist. Homes and People does not guarantee nor is in anyway responsible for its accuracy. Data maintained by Metrolist (Denver MLS) may not reflect all real estate activity in the market.
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Spring housing: 'Strongest seller's market ever'

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Even as more homes come on the market for this popular sales season, they're flying off fast. Home prices have now surpassed their last peak, and at the entry level, where demand is highest, sellers are in the driver's seat." Spring home buyers are pounding the pavement at a furious pace, but the pickings are getting ever slimmer. Even as more homes come on the market for this traditionally popular sales season, they're flying off fast, with bidding wars par for the course. Home prices have now surpassed their last peak, and at the entry level, where demand is highest, sellers are firmly in the driver's seat. "I've been selling real estate for 14 years and this is the strongest seller's market I have ever seen in my entire real estate career. A lot of our sellers are optimistically pricing their homes in today's market, and I have to say in most cases we're getting the home sold anyway. Some of the listings are intentionally listed a litt...
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