How To Spot An Overpriced Mesa County Home
When it comes to buying a home in Mesa County, buyers have a lot to worry about: The mortgage down payment, location, size and many other issues. Price shouldn't be one!
When it comes to buying a home in Mesa County, buyers have a lot to worry about: The mortgage down payment, location, size and many other issues. Price shouldn't be one!
Dave Ramsey is a standout among media finance coaches. It’s hard to disagree with his brand of commonsensical counsel that eschews shortcuts and paths to riches that depend on newly concocted strategies. Mesa County readers and listeners who rely on his consistently risk-averse advice learn to avoid high-interest debt while building a solid financial base—a footing typically anchored by the equity most families build through their greatest investment, their home.
It’s been quite the year for real estate agents, with fairly large factors affecting every housing market in addition to all of the hyper-local influences in home preference. Most areas in Mesa County have seen an increased focus on outdoor spaces associated with the homes.
We knew someone who was fond of saying, “We can argue this round, or we can argue this square.” And that’s how it sometimes seems to sellers when contemplating getting a pre-listing home inspection.
For this third part of our blog series on the home inspection process we feel it’s important to talk about home inspections from a home seller’s perspective. If you’re selling a home you will definitely encounter a detailed inspection of your home from your buyer. Understanding it and working through the inspection process will help your deal go smoother for everyone.
This is the second in series of blogs about the home inspection process. In Part 1 we talked about what a home inspection is and why it’s important to get one when buying a home. In Part 2 of this series we’ll cover the actual inspection report and how to deal with the findings.
It’s a tough market out there right now for buyers in Grand Junction and the entire Western Slope area. Homes for sale aren’t as plentiful. That means it’s actually a sellers’ market right now. You’ll be in fierce competition with other buyers for the same homes. That also means buyers need be armed with as much information as possible when they plunge into buying a home. Especially once you get one under contract.
It’s normally tricky business to predict the direction that the U.S. real estate market will be taking in any coming year, but in most years, projecting the situation for just a few months in the future puts the experts on safer ground.
It’s normally tricky business to predict the direction that the U.S. real estate market will be taking in any coming year, but in most years, projecting the situation for just a few months in the future puts the experts on safer ground.
It’s one of childhood’s most solemn oaths, still uttered by six-year-olds who hope it will convince one and all of their heartfelt intention to keep a promise. More convincing than “honest to goodness” or “cross my heart,” it is nonetheless a fairly counterproductive pledge. Since it needs to be said in the first place, the assurance can’t help but plant a seed of doubt.
A few years back, the Business Insider listed one tip for negotiating a home sale: “Don’t be a jerk!” That sounds like a hyperbolic put-down (after all, who wants to be a jerk?). But it’s true that negotiating for a home can have personal consequences that contribute to a particularly tense situation—one where uncharacteristically charged emotions can be triggered. This can befall even the most even-tempered among us—especially if the other side seems to be acting like a jerk!
The first words of last week’s Realtor Magazine title were reassuring to area homeowners with homes currently included in the Mesa County listings: “Sellers Are Calling the Shots…” For most regions across the U.S., that’s become apparent as the summer wore on. Realtor.com’s Chief Economist elaborated: “Prices are rising, and housing inventory is vanishing as fast as it appears.”
Those who closely monitor Mesa County home loan rates were recently treated to a literary fit of impatience by the Mortgage News Daily—usually one of the most dispassionate of mortgage journals. On Friday, it became more than clear that MND has had it!
When corporate leaders seek to communicate good news on their company’s performance, they frequently reach for the ‘R’ word: “robust.” Sales are robust; production is robust; future prospects are robust, etc. The ‘R’ word performs the near-miraculous feat of conveying strength, energy, and accomplishment —all without having to come up with specifics.
Mesa County residents who will be buying a home, refinancing their mortgage, or even just financing a car anytime soon, should think twice before making abrupt credit moves. Even some actions intended to reflect positively on their creditworthiness can backfire.
There was a sort of silly article last summer, “What You Can Do if Your Air Conditioner Breaks Before Selling Your House”—a title designed to ensure that Mesa County readers who plan on selling their Mesa County house will put everything on hold while they find out “what they can do” if their A/C goes AWOL.
The bright economic news that began this summer may have wilted a bit in the July heat, but as the month drew to a close, Mesa County real estate watchers have reason to doubt that some of the more dour expectations will materialize. Especially worries about a possible replay of the Great Recession’s rush of foreclosures seems improbable for a number of powerful reasons.
Today's Mesa County house hunters are using the web more than ever—and more than ever, they're running into seemingly omnipresent "Zillow." It's unavoidable because Zillow ads are everywhere—often in the first and/or second position on the search engine results pages. With annual revenue topping $2 billion, the e-commerce mega-company can afford it.
In the days before COVID-19, had you asked most people how a pandemic might affect the homebuying public in Mesa County, a fair majority would probably have replied something along the lines of “Well—it probably wouldn’t be good.”
Despite the well-documented national shortfall in residential housing, determined house hunters still can find Mesa County homes for sale that are priced to sell. Given today’s extremely low mortgage interest rates, affordable options are out there right now.
Most people are aware of the record-setting lows Mesa County mortgage rates are chalking up right now—the kind of rates that create tempting cashflow projections for even the most conservative would-be investors. But, of course, other factors enter the decision, whether they are planning their real estate investment for their own residence or as a rental. Given the uncertainty in the economy, prospective buyers are asking themselves if now is the right time to be investing in Mesa County.
An earnest money deposit is substantial, so buyers should know what will cause their money to be forfeited, and how to avoid (or leverage!) those instances.
Whether moving across town or across the globe, moving is one of life's most stressful events. Here's a guide to make moving as easy as possible!
Etiquette can be hard when touring someone else's home; you don't know them, they're not around, and their 'house rules' aren't exactly posted on the wall.
When buying or selling a home, you're entering into a legally binding contract. We're here to explain real estate contracts, pitfalls, and dates.