Home Foreclosure and Debt Cancellation

Have you received a 1099-C from the sale of your home or restructuring of your mortgage debt?   Please don’t panic!  If you had a mortgage foreclosure, home short sale or mortgage restructuring,  ask your tax accountant about the Mortgage Forgiveness Debt Relief Act of 2007. According to the IRS Update Dec. 11, 2008, “the Mortgage Forgiveness Debt Relief Act of 2007 [...]

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Fort Collins Rental Vacancies Down and Rents Up

According to recent data from the Department of Housing, Fort Collins and Greeley have the lowest rental vacancy rates in Northern Colorado in the third quarter of 2010.  In Fort Collins, rental vacancy rate was 2.8 percent and average rent was $868 in the third quarter of 2010.  Rents are expected to continue to rise in Fort [...]

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Foreclosure and Man Bulldozes Home!

According to RealtyTrac U.S. Foreclosure Market Report, 1 in every 352 households in the United States had received a foreclosure notice in March 2010. Here is a video of an Ohio man faced with a long-term battle of home and business foreclosure. He took desperate measures and bulldozed his beautiful home. I know times are [...]

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Home Default Factors

The decline in home prices and mortgage affordability are two major factors that influence home mortgage defaults. When home prices stabilize and more people are able to afford mortgage payments, we will see less homes go into default. We won’t get into how lenders can further help homeowners stay in their home with permanent loan [...]

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Home Buyers in Colorado

Who was buying homes in Colorado and what factors where most important to them in 2009? Based on research by The Colorado Association of Realtors, Colorado home buyers in 2009 consisted of the following: a. Thirty-nine percent of recent home buyers were first-time buyers. b. The typical first-time home buyer was 29 years old, while [...]

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Larimer and Weld County Home Short Sales in 2010

  It is interesting to see the volume of residential (including income properties) short sales in Larimer and Weld County from January 01, 2010 to February 15, 2010. Notice that residential short sales in Larimer County received an average 96 percent of their asking price while Weld County received an average of 92 percent of [...]

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Fort Collins and Loveland Top Retirement City

Boomers are willing to move farther than previous generations when they retire, and they are choosing places unlike stereotypical retirement hot spots, says Tom Brokaw in his report on Boomer retirement, airing on CNBC, Thursday, March 4, 2010 at 9 p.m. ET. The top places listed by AARP and explored on the show are: 1. Loveland/Fort [...]

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Northern Colorado Median Home Prices

  Source: Data from IRES and Table Prepared by Margaret C. Blythe Above are 2008 and 2009 median residential detached home prices for Fort Collins, Loveland/Berthoud and Greeley/Weld County Colorado. Margaret Margaret C. Blythe “Yes, I Can!” Broker Associate Keller Williams Realty Serving Northern Colorado Phone: 970-412-7591 Email: mail@margaretblythe.com Website: http://www.margaretblythe.com/ Blog: http://www.margaretblythe.blogspot.com/ Blog: http://www.margaretblythe.wordpress.com/

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Home Buyer Tax Credit 2010 Deadline!

If you are thinking about selling or buying a home in Northern Colorado, you should know that the first time home buyer and repeat home buyer tax credit ends on April 30, 2010. However, if you have a signed binding sales contract by April 30, 2010 and the home purchase is completed by June 30, [...]

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“I Want To Sell My House” Ranks 3rd in Google

The CNBC Road to Recovery program featured a study by Convergex for the top google search results when you type in “I Want to Sell.” I am happy to see that “I Want to Sell My House” is number 3 but wish it was well ahead of “I Want to Sell My Kidney.” What is a [...]

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Northern Colorado Home Sales in 2009

Table Created by Margaret C. Blythe Margaret C. Blythe “Yes, I Can!” Broker Associate Keller Williams Realty Serving Northern Colorado Phone: 970-412-7591 Email: mail@margaretblythe.com Website: www.margaretblythe.com Blog: www.margaretblythe.blogspot.com Blog: www.margaretblythe.wordpress.com

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Considering a Short Sale in Fort Collins, Greeley, Loveland or Windsor Colorado Areas?

Should I Consider a Short Sale In Northern Colorado? If a Northern Colorado homeowner owes more on their property than it is currently worth, then they can hire me as their real estate agent to market and sell their property through the negotiation of a short sale with their lender. This typically requires the property [...]

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What is a CDPE?

A Certified Distressed Property Expert® (CDPE) is a real estate professional with specific understanding of the complex issues confronting the real estate industry, and the foreclosure avoidance options available to homeowners. Through comprehensive training and experience, CDPEs are able to provide solutions for homeowners facing hardships in today’s market, specifically short sales. Often, when other [...]

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Home Buyer Tax Credit Extended and Better!

It was very questionable if the U.S. Government would extend the first time home buyer credit. Not only was it extended but a qualifying repeat home buyer will also receive a tax credit. If you would like to take advantage of this tax credit, you must buy a home on or before April 30, 2010. [...]

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Increasing Your Home Value

I found the below article to be very helpful when evaluating home improvements before placing it for sell. Be sure to call me for my confidential and free market analysis on your Northern Colorado home. Margaret Margaret C. Blythe “Yes, I Can!” Broker Associate Keller Williams Realty Serving Northern Colorado Phone: 970-412-7591 Email: mail@margaretblythe.com Website: [...]

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