A4HB Homebuyer's Blog

Good General Sources of Information on Loans and Lenders

With respect to the general issue of loan types, lenders, and interest rates, there is a virtual ocean of information on the web. Begin with our section on Loans and Financing, but another good source is HSH Associate’s site. Both describe the many types of loans that are available, how loans are priced, how your credit influences the types of loans you qualify for, and what current interest rates are like. They also provide mortgage calculators to help you get a feel for what you may be able to borrow as well as information on current loan rates. However, one

Read More »

The Lender’s Team

Our goal here is to help you understand who’s involved in the process of helping you get a loan to make your home purchase possible. We’ve outlined broader issues involved loan types and the process of obtaining a loan in our section called Loans and Financing. In principle, you can obtain a mortgage loan from an individual. I’ve had clients who’ve received their mortgage loan from a family member or a family trust. In this situation, a single individual may set the rules for your loan, talk them through with you, make the final decision regarding whether to make the

Read More »

Home Inspectors

A good professional home inspector will help you evaluate the physical condition of the home, of certain aspects of the lot such as drainage, and of some of the personal property that is included with the sale such as kitchen appliances. Remember, the physical inspection of the home is only one aspect of what you should be looking at when you are evaluating the home you are preparing to buy (see Under Contract and Risks and Pitfalls) If you don’t buy houses every day, choosing an inspector can be tricky. Real estate inspectors in Colorado, and in many other states,

Read More »

Real Estate Agents

Whether you seek them out or do your best  to avoid them, you will be inevitably be dealing with real estate  agents or brokers if you decide to buy a home. Ninety to ninety-five percent of homes in Boulder County and the Denver Metro Area are listed by a real estate broker before they sell. So  even if you decide to try to buy your home without the help of an agent, you  will have to deal with then while you’re searching for your home, during the  negotiation process, and as you prepare for closing. As a potential home buyer,

Read More »