Better Homeowners Who would want to be without one? When the 75 year old man who had been widowed four times was asked why he was getting married again, he said “for the little bit that they eat, I wouldn’t want to be without one.” In a torrential rainfall, you wouldn’t want to be without an […]
Have a safe Memorial Day weekend
Memorial Day is the last Monday in May Originally known as Decoration Day, it began in 1865 by decorating the graves of Civil War patriotic soldiers and later to remember the U.S. men and women who lost their lives serving their country. Lee Riley Jann C. Pitcher Real Estate 2261 Eagle […]
Have a safe Memorial Day weekend
Memorial Day is the last Monday in May Originally known as Decoration Day, it began in 1865 by decorating the graves of Civil War patriotic soldiers and later to remember the U.S. men and women who lost their lives serving their country. Lee Riley Jann C. Pitcher Real Estate 2261 Eagle […]
You’ve Got Money!
Better Homeowners You’ve Got Money! Imagine that after checking www.SSA.gov to see what you can expect when you retire and estimated what your minimum required distributions from your retirement accounts will be, you’ve discovered that you’re not going to have enough retirement income to cover your living expenses. Ideally, it would be perfect if the […]
Live the Dream
Better Homeowners Live the Dream Consumers are more easily living the American Dream of owning a home because of the incredibly low mortgage rates. Today, most buyers can get a much lower rate than their parents or grandparents got on their first home. In a recent housing survey, FNMA released information about consumers’ thoughts on […]
May 2015 Pagosa Springs Real Estate Newsletter
Spring has sprung. The grass is green, the bulbs are blooming, and all the trees are sprouting new leaves. We’ve received more rain the past couple days than we’ve seen in the past two months. It rained most of last night and through the morning. This is great news, after we had one of the […]
Amortization
Better Homeowners Amortization The word describes the process of accounting that will repay a loan over time. Residential buyers will most commonly be required to have an amortized mortgage. When amortizing a fixed rate mortgage, the payment remains constant for the entire term but the allocation of what goes to principal and interest changes with […]
Pay More or Less
Better Homeowners Pay More or Less Paying more for your house payment does not make your home more valuable. It does mean that the mortgage rate may be higher than it has to be. Even though fixed rates may never again be as low as they are currently, an adjustable rate mortgage may provide the […]
Basic Legal Documents
Better Homeowners Basic Legal Documents Many times, young adults feel “bullet-proof” and don’t consider the urgency to get involved or spend the money to take care of certain legal aspects of their lives because they think they’re going to live forever. Since no one is guaranteed longevity of life, if you want to be in […]
Are You Ready?
Better Homeowners Are You Ready? For whatever reason you’ve delayed buying a home, it may be time to reconsider that decision based on today’s conditions and what is expected to happen in the future. Rents are continuing to increase to the point that in most markets, it is significantly less expensive to own than to rent. […]