Sunday, April 13, 2008

The Summer 2008 Denver Real Estate Buying Season - Is HERE

This summer is going to be different for all Denver Homes for Sale!

Here it is - almost mid-April, and Denver's home buyers are getting ready to start their big summer purchases. What makes this home selling season significantly different than the past years, is the fact that mortgage loan interest rates are around 5.75% on a 30-year fixed-rate and 5.375% on a 15 year fixed rate with just 3-5% down!

Denver real estate sellers are going to have to be a lot more flexible to accommodate some of the new loans and the new lending regulations. Many sellers forget that although they might have to lower their home's sale price to get their home sold quicker, that they will more than make up the difference by getting a better LOAN DEAL - if they're buying the more expensive home in another neighborhood. Additionally, sellers might have to forego $5,000-$10,000 in seller concessions to get their current homes sold in the next few months - BUT - you should be able to save $20,000 to $50,000 or more on your next house purchase price... using an experienced Denver Realtor to represent you.

Most reasonably minded Denver metro home sellers understand the dynamics of getting their homes sold quickly and for a good price - in exchange for getting a good or great deal on a more expensive house in another neighborhood! Ask me about the Thiersch's in Erie, Colorado that SOLD their current home to a builder, in exchange for purchasing the builder's home listed at $525,000 more in price than their current home. If you can't quite work the master math on this one, then contact me, and I'll explain why this is so important if you are planning to buy a more expensive house!

Finally, don't forget that the LOWEST interest rates in the United States now require a 720+ mid-fico score to qualify. If you think your credit scores are hovering around the 660 to 719 range, then please contact me on how we can help you RAISE your credit scores by 25 to 50 points in the next 30 to 60 days...a complimentary (free) service to all our Denver real estate buyers and sellers who list or who we represent as Buyers Agents. Now's a good time to buy your move-up home in - look for some of the "best" home purchase deals in Highlands Ranch Real Estate and Littleton Real Estate...to name a few. Think BBQ's and NO MORE SNOW!!!

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