4.83% for a 30 year home mortgage, wow. We have all gotten complacent about seeing these historically low interest rates, but the average national 30 year home mortgage interest rate just dropped to 4.83%. This is truly amazing, and to put it in perspective, below is a table to show how interest rates impact you, [...]
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A mighty big THANK YOU goes to Linda Heydt of Burning Tree and the Franktown Fire Department, who saw a brush fire starting and quickly spreading to a nearby house near Tanglewood Road and Burning Tree Drive. After watching the direction of the fire, trying to call 911, and racing to the home and pounding [...]
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How many times in your life do you get a free tax credit from the government! Do not miss this opportunity! Right now, until April 30, 2010, you may get a tax credit if you buy a home. For first time home buyers, you could receive a tax credit of up to $8,000, for the [...]
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Today, I went to a meeting with DougCo Tax assessor, Teri Cox, who said about 9,000 people protested their property taxes valuation assessment this year, and about 4,000 people were successful. Less than 50%-ugh.
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This great article is from Paul Oehm with Banc Group Mortgage Corporation and I thought it was important to get the information out as quickly as possible. Revised February 17, 2009 Just signed and sealed…a $787 Billion Stimulus Plan made up of tax cuts and spending programs aims at reviving the US economy. Although [...]
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Credit Pain What happens to your credit score if you stop making your monthly mortgage payments? I found out some useful information from Tim Duval, a Mortgage Loan Consultant, with WrStarkey Inc. Short Sale: A short sale will strongly hurt your credit score. The vast majority of lenders will not approve you for a mortgage [...]
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Not able to Make Your Mortgage Payment? Terms to Know before Talking To Your Lender. If you are struggling to make your mortgage payments, you may want to discuss your concerns with your lender. Below is a list of terms that may help you in your communication. Loan Modification: If you can prove you are [...]
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Are you thinking of buying your first home? I’d love to assist you in your search and have a wonderful “Time to Dream” Buyers Book, but, Douglas County also offers a fabulous first time home buyer’s financial assistance program, the Shared Equity Program, that offers up to 20% of the purchase price (up to $50,000). Who [...]
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Wow! Did you know that Douglas County has a Foreclosure Mediation Program? Are you concerned about keeping your home? Are you late with your payments? Dougco will assist Douglas county residents in mediating between your lender and you, the homeowner. They will educate you in your consumer rights, communicate directly with your lender and answer [...]
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Hi Everyone, Here are the statistics for all residential homes sold in Franktown in 2008: Franktown Real Estate Statistics for 2008 Highest sold home price $2,500,000 Lowest sold home price $205,155 Number of Homes sold: 27 Average Price of home: 590,908 Median Price of home: 499,900 Note: The sold prices used included the sold price [...]
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