Mesa County Mortgage Rates and the ‘Normalcy Bias’ Delusion
Ask any grandparent: “is it actually true that Mesa County mortgage rates averaged more than 18%?” They’ll tell you. It happened. And that was less than 40 years ago.
Ask any grandparent: “is it actually true that Mesa County mortgage rates averaged more than 18%?” They’ll tell you. It happened. And that was less than 40 years ago.
Most dealings in real estate are honest and above-board. But, occasionally, we run into some “schemes” we feel we should warn our customers, friends and clients about. One of the most insidious of these schemes is the Foreclosure Rescue scheme.
It is no secret that one of the key things people look at when they are buying a house in Mesa County is the bathroom. That’s why it’s so important to make your bathroom look as big, beautiful and up-to-date as possible. Unfortunately, many bathrooms these days are quite small, but there are ways of making them appear sleeker and larger.
This home is a Highlands Ranch showstopper! A 4 bed, 3.5 bath home on a large corner lot with a fenced back yard. The inside has been freshly painted from top to bottom. A vaulted foyer greets you along with a private, main floor office with glass French doors.
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.
When you buy or sell a home you must go through a process called “closing.” Closing is simply transferring ownership of the property from one person to another.
If you put your mind to it, you can come up with excuses for why it makes sense to do just about anything. For instance, if it’s Sunday and you really should go shopping to stock the fridge for the week ahead, but you’re all settled in to watch TV, you can reason that the supermarket coupons probably aren’t valid until Monday. Or, if the leaves are four deep along the garden wall, you really shouldn’t rake them until the last ones fall. If the last ones have fallen already, didn’t you read someplace that letting them molder right there is good for the soil?
When it comes to adapting and changing, senior housing in Mesa County plays a key role in an individual's future. Because everyone is different, some may not feel a need to utilize senior housing, while many others will.
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.