In this video Henry Barr explains a bit about closing costs and who is responsible for paying those costs in our Summit County, Colorado real estate market… Hi, the is Henry from The Barr Team here at ReMax Properties of the Summit in Frisco, Colorado. Sometimes people ask the question of who pays closing costs. I will try to answer …
Who can I expect to see at closing when buying a home?
In this video Henry Barr explains who you can expect to see when you’re headed for the closing table… Hi the is Henry from the Barr Team at ReMax Properties of the Summit in Frisco, Colorado trying to answer a couple of your questions. One question we got the other day is “Who should I expect to see at the …
Restrictive Covenants in a Subdivision – Why are they important?
In this video Henry Barr tells us about the importance of knowing all about the restrictive covenants in the subdivision before you buy! Hi this is Henry Barr with The Barr Team at Re/Max Properties of the Summit here is Frisco Colorado. Just want to talk a moment about covenants, what they include and what they don’t and so forth. …
Article – How will the New Mortgage Rules Affect Home Buyers
“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 …
What is a home inspection?
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
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?
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 …
How long does it take to get a home loan?
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?
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 …
When should a Buyer schedule a home inspection?
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 …
Why Care About Credit Anyway?
Why care about your credit score, anyway? If you’re considering purchasing a home, here’s an example of the impact different credit scores can make on your interest rates… which translates to your monthly payments… which dictates the price of the home you can afford. Example: 719 credit score $1,900/month for Home “A” -40 679 credit score +$60 $1,960/mo for same …
What is a Credit Score?
What is a Credit Score? Your credit score is a number between 300 and 850. This number represents the statistical likelihood that you will repay creditors. Your score is based on 5 different areas, with some parts carrying more weight than others. 1. Your payment history – makes up 35% of your credit score Do you pay your accounts on …