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Moffat County, CO Real Estate News

By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the current housing market many homes are in need of updating, addressing deferred maintenance, or improving the energy efficiency of homes to lower utility costs.VA loan benefits include the following unique advantages:  a.  up to 100% financing, b.  no mortgage insurance, c.  up to $ 35,000 in renovation funds escrowed, d.  all renovations must be completed within 60 days of closing, e.  you can close on a purchase or refinance in the “as is” condition, f. you can borrow against the future value of t...
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By Shelly Cross, Broker Associate
(RE/MAX 4000, Inc.)
MESA COUNTY COLORADO REAL ESTATE MARKET UPDATE JANUARY 2016 January 2016 sales volume lower than December at a total volume of $40,938,528, which is only a 12.6% decrease from January of 2015 but more than a 50% decrease as compared to December 2015. This is not uncommon for the month of January, however. The average volume for January for the years 2010 through 2016 is $40,334,886, so historically we are right in there with our January 2016 volume. The average residential sales price in January 2016 was down to $215,664 and the January median price was up slightly to $191,750.January sales show that 32% of transaction were cash which indicates a continuing heavy investor market. In the last 90 days, cash transactions have been closing at an average of 95% of the asking price.Current da...
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By RJ Baxter, 303-670-0137
(Clear Path Home Loans)
Use the Special Government Home Renovation Loan Program, the FHA 203K Renovation Loan available in Craig Colorado. This article will explain the little-known special government loan program that is part of FHA (Federal Housing Administration- a department within HUD). Thanks to this special FHA loan program, a buyer or home owner can do meaningful amounts of remodeling or updates to their new or existing home without the higher cost of a second mortgage. "Luxury items" like a hot tub and a swimming pool are not allowed by this FHA loan program.You can repaint, remodel cabinetry in kitchens and bathrooms, replace appliances and flooring, add wallpaper, or even add a room to an existing structure (which will increase the value of your home because of more square footage). The biggest adv...
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By RJ Baxter, 303-670-0137
(Clear Path Home Loans)
  100% financing with Craig Home Mortgage Loans and Craig CO USDA loans. USDA mortgage Loans in Craig are can help you with your home buying needs, and can be an excellent choice. If you are looking to buy a home in Craig, take advantage of this 0% down payment option. Read more below: -Interest Rates on this program are still competitive compared to both FHA and Conventional Loans. This program offers 100% financing available with minimal monthly mortgage insurance (consists of about .30% of loan amounts per year). The biggest features of a USDA home loan include 100% financing with no down payment and interest rates that are fixed for 30 years. Compare the low MI (Mortgage Insurance) to other loan programs that aren't nearly as low and you will see the difference. There are many diff...
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By RJ Baxter, 303-670-0137
(Clear Path Home Loans)
When you set out to purchase a home using your Craig Colorado VA Loan benefits, the rate you can obtain is a major factor in determining which lender to choose to help with your loan as well as how much your payment will be. The market is volatile as we all know, and Craig Colorado VA Mortgage Rates change nearly every daily, and sometimes are so volatile that they can change during the course of a day.. So how can you figure out what VA loan rate you qualify for? All mortgage loans are backed up by mortgage bonds, or securities that are traded on like stocks.  Mortgages are backed by these securities, and that includes Craig Colorado VA Loan products. Mortgage backed securities is another name for these mortgage bonds. Similar to the stock market, mortgage backed securities go up and  ...
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By Peter Twain
(Progress)
Beautiful home located in a great neighborhood. New roof in 2002 along with a kitchen remodel, windows and exterior doors. Exterior of the house was just painted. Well maintained landscaping with a completely fenced back yard. Don't miss your opportunity to be on the back porch in such a luscious setting while relaxing in your new hot tub! All shelving and work benches in garage are excluded. Kennels in garage are excluded. To directly access this property, use this shortcut: http://www.fizber.com/colorado-buy-single-family-home-11646070.html
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