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Phil Belonger Real Estate Video Blog

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How to Purchase a Foreclosure in Denver

Phil Belonger Real Estate Video Blog ·

2016/10/27

Buying a foreclosure in Colorado is a little different. Instead of being handled by a judicial system, these sales are handled by public trustees.Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. A lot of buyers in the marketplace want to purchase properties with equity. Today we are going to discuss how to do that in Denver, specifically when it comes to purchasing public trustee homes. Colorado is a public trustee sale state. Unlike

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3 Ways to Find a Fix and Flip Property in Denver

Phil Belonger Real Estate Video Blog ·

2016/10/14

When looking for a potential fix and flip property in Denver, you’ve got to be creative. This is a tough market, so you’ve got to explore every opportunity in looking for a deal. Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. We’ve got three different strategies to share with you today about how you can find a property out there with instant equity. In today’s market, it can be tough to find a home with equity that is listed

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What’s Happening in the Fall Real Estate Market?

Phil Belonger Real Estate Video Blog ·

2016/09/23

The fall real estate market is here and it is a great time for Denver home buyers. Interest rates are low and market conditions are fantastic, partially thanks to Brexit. Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. Why is now a great time to buy a home in Denver? One reason is that interest rates are still incredibly low. When interest rates are low, homes are more affordable. Right now, interest rates are floating around

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How Can Appraisals Affect Your Denver Home Sale?

Phil Belonger Real Estate Video Blog ·

2016/09/12

A question I get asked all the time by Denver sellers is, “Should I have an appraisal done before listing?” Today, I thought I would answer the question in detail. Although I don’t think a pre-listing appraisal is a necessity, it’s definitely a good idea and it certainly won’t hurt to get a little more knowledge from a professional who is objectively valuing your property. However, one thing to take into consideration when you're looking at the appraised value is that there is often a

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Denver Homes Are More Affordable Now Than Ever

Phil Belonger Real Estate Video Blog ·

2016/08/23

Today I wanted to update you on the market for the second quarter of 2016 and discuss some of the changes to interest rates and how they affect affordability as well. While mortgage rates for this quarter are up a bit, they’re still really low by historical standards. Households with a $60,000 yearly income can currently afford a house with a purchase price of $310,000 at today’s interest rate of 3.5%. If rates were to jump up to 4.5%, this same household would only be able to afford a

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We Help You Get Under Contract in Multiple Offer...

Phil Belonger Real Estate Video Blog ·

2016/08/14

We have some tactics that we use to get our clients here in Denver under contract in a multiple offer situation on properties they really want. A thing we've started offering our clients that we really think is setting us apart is a home buying warranty when they purchase a home. It's mutually beneficial for both you and the seller because it guarantees that if your furnace, washer, dryer, or any other major things in the home break within the first year, they will be taken care of

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Knowing What Kind of Denver Home You Want

Phil Belonger Real Estate Video Blog ·

2016/07/27

Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. What do you want in real estate? Why does it matter? How are you going to get it as it pertains to purchasing a property here in Denver? I want to help you find a clear on answering these three questions. What I've found that was really helpful in the past for clients, especially when there is a spouse or a couple buying a property, is to write down the top 10 items you want in

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A Market Trend We’ve Been Noticing in Denver

Phil Belonger Real Estate Video Blog ·

2016/07/12

Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. There is something going on in the Denver real estate market that has been happening like clockwork over the last few years. The average showings per active listing are steadily declining right around the same time each year, at the end of June. Why is this helpful information to know? Well, if you’re looking to buy, it means after this time you’ll have less competition from other

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Easy Updates with Positive Returns for Denver Sellers

Phil Belonger Real Estate Video Blog ·

2016/06/29

Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. When it comes to return on investment, there are some upgrades that’ll bring a highly positive return. They break down into two major categories: inside the home and outside the home (curb appeal). One of the most common things we find to get a positive return on investment is repainting the garage. If your garage door is a little bit banged up, it doesn’t cost a lot of money to

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Don’t Pay Two Mortgages When Buying in Denver

Phil Belonger Real Estate Video Blog ·

2016/05/18

Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. Buying a home in Denver’s tight market when you have a home to sell can be tricky. I’ve found that a few select methods are the best approach. First, if you can qualify for two mortgages, get a loan to purchase your next property. While you’re under contract and before you close, then you can list your home. Another possibility is something called a “bridge loan.” Prior to

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How Population Growth Impacts Denver Real Estate

Phil Belonger Real Estate Video Blog ·

2016/04/27

Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. You’ve probably noticed that I-25 and the Denver metropolitan area are much more congested than ever before. That’s because Denver’s population is booming. Patty Silverstein, a local economist, predicts that we will add 50,000 people to our area each year until 2025. How will this affect the housing market? First, let’s take a look at population growth. The largest portion of

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Why Do You Want to Invest in Real Estate?

Phil Belonger Real Estate Video Blog ·

2016/04/19

Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. Today we’re going to be discussing investment properties. If you’ve been thinking about investing in real estate yourself, either by renting them out or flipping them, we’ve got some important information for you to absorb today before you get started. The first thing you need to ask yourself is, “Why am I doing this?” When you’re in the middle of a transaction, you’re going to

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Should You Accept the First Offer You Receive on Your...

Phil Belonger Real Estate Video Blog ·

2016/02/25

Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. In a strong seller's market, there are two different types of exposure. One has to do with marketing and the other has to do with time. We'll dive into both of these to ensure you understand the best strategies you can put in place to make sure you get the most amount of money for your home with the least amount of stress.We put a home on the market Thursday of last week. We had 10

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Hire the Right Denver Real Estate Agent

Phil Belonger Real Estate Video Blog ·

2016/02/09

Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. Are all real estate agents equal? The answer is no. It’s important to interview more than one real estate agent. Today, I want to share some good questions you should be asking a real estate broker before you hire them. Do you work with a team or are you an independent agent? If you work with a solo real estate broker, there’s a high chance they will have a conflict in their

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Showings On Average Per Active Listing in Denver

Phil Belonger Real Estate Video Blog ·

2016/01/25

Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. Check out this graph. It examines showings to active listings over the past five years. From 2009 to 2012, there weren’t major changes in trends. However, up until around spring 2013, we experienced a slight change in the market. Around this time, interest rates started to kick up with a high level of demand and low inventory. This repeated in 2014, and again, more powerfully, in

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What's the Secret to Finding Your Dream Home?

Phil Belonger Real Estate Video Blog ·

2016/01/25

Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. There are three very important things we do here every time we represent a buyer during the purchase of a home.1. We want to make sure you don't miss out on a property. In the event that I'm unavailable to show you a home when you want to see it, I have a team of agents willing to get you into the property you want to see. We're working on your time, not our time!2. We want to make

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Phil Belonger Real Estate Video Blog

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