Article – How will the New Mortgage Rules Affect Home Buyers

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“With the implementation of new mortgage rules that took effect on January 10, 2014, home buyers may discover a few new challenges in securing a mortgage as lenders will have additional restrictions in place to ensure that borrowers will be able to repay their mortgage loans.” CLICK HERE to read this quick article about new mortgage and lending rules that …

Article – Reality of Loan Approval

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What kind of loan do you need to buy a home and how do you know if you will qualify? CLICK HERE to read a short article on the basics everyone should know about getting a home loan. Reality of Loan Approval

What is a home inspection?

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In this video, Henry explains the ins and outs of a home inspection… Hi I am Henry Barr with the Barr Team at ReMax Properties of the Summit, here is Frisco Colorado and I have been asked ‘What is an Inspection?’  An inspection normally refers to the vendor that does the home inspection of the property.The inspection is one of …

Article – More Consumers Might Buy a Home If They Knew This

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Please click the link to read an article that helps to clear up the misconception that a home buyer needs to have a large down payment (20%) to qualify for a home mortgage in the current market. Click here for Realtor Magazine article – ‘More Consumers Might Buy a Home If They Knew This’

Are appliances included when I buy a home in Summit County, Colorado?

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In this video, Henry tells us what appliances are typically included when buying a home in Summit County, Colorado… Hi this is Henry Barr with The Barr Team at REMAX Properties of the Summit here is Frisco, Colorado.  I have been asked ‘Do appliances come with a property when buying here in Summit County?’.  The answer is normally ‘yes’ but it does …

Tenants in Common vs. Joint Tenancy

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Here Henry explains the differences between Tenants in Common and Joint Tenancy in ways that you can hold title for a property… Hi this is Henry at Re/Max Properties of the Summit, The Barr Team here at Frisco Colorado. Rachel just asked me a quick question about “What is Joint Tenancy and What is Tenants in Common?” The quick and …

How long does it take to get a home loan?

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Here Henry explains how long it could take to get a home loan completed in the current market… Hi there, I am Henry Barr with the Barr Team in Frisco, Colorado at REMAX Properties of the Summit. Some people have asked “How long do loans take nowadays?”.  Well that is an interesting question.  They’re taking some where between 30 and …

What is an appraisal?

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In this video Henry answers our questions about appraisals… Hi this is Henry Barr here at The Barr Team with Re/Max Properties of the Summit here in Frisco, Colorado. Rachel just asked me “What is an Appraisal?” An appraisal is a report given to a lender describing the value of a property based on current market conditions. The appraiser usually has …

What are Home Owners Association Documents (HOA docs)? Is it important that I read them?

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  Henry explains the importance of Home Owners Association documents in a real estate transaction in Summit County, Colorado… This is Henry Barr again here at Re/Max Properties of the Summit, The Barr Team here in Frisco Colorado. I get asked a lot of times about HOA (Home Owner’s Association) documents, what are they? Who gets to see them? And …

What is a survey and do I really need one? Survey vs. ILC?

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  Watch the video where Henry tells you all about survey vs. ILC and why you should have a survey done before purchasing a single family home or vacant lot… Hi, I am Henry Barr at The Barr Team at Re/Max Properties of the Summit here in Frisco Colorado. I have been asked a couple of times about “What is a …

When does a home buyer need a Pre-qualification letter?

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  Here Henry Barr explains when a pre-qual letter is needed and the difference between a pre-qual letter and a pre-approval letter… I’m Henry Barr at The Barr Team here at REMAX Properties of the Summit in Frisco Colorado. I just want to answer some questions that come up about a pre-qualification letter, or a pre-qual letter and a pre-approval …

Whose responsibility is it to maintain and snow plow various dirt roads in Summit County, CO?

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  In this video Henry informs us about the maintenance and snow plowing of dirt roads in Summit County, CO… I’m Henry Barr from The Barr Team at Re/Max Properties of the Summit in Frisco Colorado. Questions often come up on dirt roads in neighborhoods, that’s an interesting question since all roads are not paved here in the mountains, some …

When should a Buyer schedule a home inspection?

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Henry Barr explains how soon after going under contract that a buyer should have a home inspection… Hi I am Henry Barr from the Barr Team here at Re/Max Properties of the Summit.  Questions come up from Buyers wanting to know how soon they should do their inspection once they’re under contract. I would say as soon as possible but within …

What is a Transfer Tax?

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Henry Barr explains a few key points about transfer taxes… Some people have asked me about “What is a transfer tax?” We are starting to see more and more of the transfer taxes here in Summit County. They are normally put into place by municipalities or taxing entities that want to collect upon each sale that occurs every time the …

Henry Barr – 2016 Real Estate Market in Summit County

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Here’s Henry chatting about the market in Summit County with it’s low inventory, high demand! Hi, this is Henry again.  Just want to update you a little bit on the summer market here. It’s been very active with many properties going under contract within days of being listed and at 98% of list price or higher and in some cases …

Top 10 Real Estate Tax Deductions

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Overwhelmed by the amount you need to save for a down payment?  Here’s some motivation for you… The Top 10 ways being a homeowner can reduce your income tax obligation… from the National Assocation of Realtors. Yes, homeownership can be a significant financial commitment.  But hey, it’s the American Dream.  And Uncle Sam’s way of encouraging the dream is by …

Down Payment – How Much Do You Need To Save?

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What’s the #1 thing that prevents first timers from buying sooner?  You guessed it!  Saving for a down payment. It’s no secret that saving 20% can take a while… after all, it’s tens of thousands of dollars of your hard earned money. So what to do when it seems like you’ll never get there?   This great article from the …

Tips on Navigating your Title Work… from Land Title

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Again, I’m going to leave the title stuff to the title experts… Click the link below for a great post from Land Title Guarantee Company’s blog on what to look for within your title commitment. http://www.ltgc.com/marketing/topic?id=1043