There's More to Selling Your Home than a "For Sale" Sign In Your Front Yard: Beware.
 Even if a simple sign in your yard did produce a buyer knocking on your door, how will you handle the following questions: "How does your home compare to others like it in Denver, Arvada, Westminster, Thornton, Broomfield and Northglenn?" "How did you determine the fair market value of this property?" "What about financing? Can you help?" "If I make an offer, who will draw up the paperwork?" "Why aren't you using a Realtor? Is there something wrong with the property?" "Since you aren't using a Realtor, we can take their fee right off the top, right?" Selling your home is one of the most important financial transactions you will make in your life. Don't take risks. Selling your home is nothing like selling a car. Every home is different, and every homebuyer wants to offer you as little as possible. How do you determine the real market value? Almost all homes are sold using a Realtor. As a top real estate professional, it is my job to help you negotiate with all those buyers who want something for nothing. Not to mention preparing your home for sale, marketing it locally in the Denver area - even nationally, and guiding you through the complex paperwork and pitfalls of escrow and closing. Make sure you are really ready to handle all of that before pounding that sign into your front yard. Errors can be extremely costly. Remember: Buyers want to offer you as close to nothing as possible! While that "For Sale By Owner" sign might sound like a good idea, it usually means a different thing to buyers: "Try to steal this one." If you must sell your own home, at least let us give you a sense of its true market value. Tell me a bit about your home, and I'll do a quick Comparative Market Analysis and let you know what I feel it is worth. I'll also describe, as an experienced, top producing Realtor, how I would market your property. This is free, with no strings attached. Simply fill out the form and I will quickly get back to you... We understand that Seller's may not be able to afford a full service Realtor. This is why we have established affordable For Sale By Owner listing programs starting as low as $495. This plan enters you in the Realtor's MLS for maximum exposure. The rest is up to you. It is a great do it yourself program with additional services available to service and market your home for sale for nominal fees. Need more information about these programs...simply complete the e-mail questionaire below and we will send you information about these FSBO listing plans.
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Financing Your Home >ARMs
Here is a tip for those who are shopping for Adjustable Rate Mortgages (ARMs): the "margin" is almost as important as the initial rate. The margin is the percentage point above the average yields for Treasury notes on which future rate adjustments will be calculated.
Let's compare two hypothetical one-year ARMs. The first may have an initial interest rate of 7% with a 2.5 margin, while the second begins at 6 7/8% with a 2.75 margin. Both loans have rate caps of 2%. Suppose that at the end of the first year of the loan, the average of the one-year Treasury note yield has been 5 1/2%. For each loan, the lenders will add the margin to that 5 1/2% average yield. Thus the interest rate for first loan would increase from 7% to 8%, and the second would go from 6 7/8% to 8 1/4%. While the first ARM had a slightly higher initial rate, it will have lower rates in subsequent years, unless the Treasury note rates increase enough to activate the annual caps on the amount of the increase. There is a wide variance among margins in ARMs offered by competing lenders, and this should be a factor when you decide on your loan.
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What areas are known as the 'silk stocking' districts of this famous city?
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| A |
In Central Park West, Fifth Avenue and Park Avenue in Manhattan, apartments go for $222,610 to $282,709 per room. |
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