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- 1/28 284 Beds 2 Baths 1,212 SqFt$480,000New
- 1/29 294 Beds 2 Baths 1,892 SqFt$675,000New
6905 S Quince ST, Centennial, CO 80112
MLS# 5841433
Listed by RE/MAX Professionals
Single Family Home
- 1/27 273 Beds 2 Baths 1,180 SqFt$475,000New
8458 Wild Alfalfa PL, Parker, CO 80134
MLS# 1787059
Listed by Your Castle Realty LLC
Single Family Home
- 1/27 273 Beds 3 Baths 1,584 SqFt$499,000Active
- 1/41 414 Beds 3 Baths 1,915 SqFt$590,000Price Dropped by $10K
18997 E Crestridge CIR, Aurora, CO 80015
MLS# 7501039
Listed by West and Main Homes Inc
Single Family Home
- 1/14 144 Beds 2 Baths 920 SqFt$525,000Active
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RECENTLY SOLD
- 1/41 41
closed
$515,000
4 Beds2 Baths1,824 SqFt11159 Dexter DR, Thornton, CO 80233
Single Family Home
MLS# 6074673
Listed by Realty One Group Premier
- 1/40 40
closed
$629,900
4 Beds3 Baths2,460 SqFt5190 S Ouray CT, Centennial, CO 80015
Single Family Home
MLS# 8168265
Listed by Key Real Estate Group LLC
- 1/40 40
closed
$450,000
4 Beds2 Baths1,756 SqFt17137 E Jefferson AVE, Aurora, CO 80013
Single Family Home
MLS# 2548706
Listed by Madlom Real Estate
REAL ESTATE NEWS
LOCAL REALTOR® AWARDED RENE CERTIFICATION
LOCAL REALTOR® AWARDED RENE CERTIFICATION
Centennial Colorado, May 10, 2024 -- THERESA TSCHESCHKE GUNAL with Realty ONE Group Premier, has been awarded the Real Estate Negotiation Expert (RENE) certification, the premier negotiation credential in the country. The RENE is conferred by the Real Estate Business Institute (REBI) and is an official certification of the National Association of REALTORS®. Theresa Tscheschke Gunal joins an elite group of real estate professionals from around the world who have earned the RENE certification. All were required to successfully complete comprehensive coursework in negotiation and subscribe to the REALTOR® Code of Ethics. Theresa is a Colorado and Denver native! She knows the history of this beautiful state and what it means to call Denver home. The advantages of having a native as your real estate partner means she know the history of the neighborhoods. Her family quite literally helped to grow the farm lands of Littleton into the suburbs of today. She has been working as a licensed Realtor® for more than 4 years and got her passion in the industry after a series of personal experiences which transformed how she views homeownership. (Namely how there is still the ability to benefit to homeownership even during a recessionary period such as the great recession of 2008). Before, becoming a Realtor® Theresa worked for 20 plus years in service industries as a private music teacher, and as a database design engineer. She got her degree in Music Business and Production Engineering and she constantly sees how the skills she learned helps her consistently find new solutions for her clients. She is a member of the South Metro Denver Realtor® Association chapter. She also completed her GRI (Graduate Realtor Institute) Realtors® Designation in August of 2021. She has been awarded the SMART (South Metro Advanced Realtor Training) for both 2020 and 2021 designation for exceeding continuing education requirements as set forth by Colorado’s Real Estate Commission. She continues to this day to put education in the Real Estate Industry at the forefront of her goals so she can continue to support her clients ever changing needs. RENE is wholly owned by REBI and focuses specifically on real estate sale negotiation. Formerly the Council of Real Estate Brokerage Managers (CRB), REBI is a not-for-profit affiliate of the National Association of REALTORS®. You may contact REBI by calling 800-621-8738, e-mailing info@rebinstitute.com, or visiting REBInstitute.com.
MORELeveraging Home Equity
Leveraging Home Equity
What can you do with the equity you've built in your house? Plenty! You can make home improvements or pay college tuition, for example. Join me on June 30th 2024 to a one of kind event to get answers to your questions regarding how to tap into your homes existing equity and keep reading to learn more... So what is home equity? It's the difference between what your house is worth and how much you owe on your mortgage. As you make mortgage payments, you're building home equity. If your balance is lower than your home's value, you have positive equity that can be converted to cash. When there's a spike in home prices, as was true between January 2021 and June 2022, when an average of $60,000 was gained, your equity grew. Know the options There are some common ways to leverage equity: A lump-sum home equity loan. Repaid in monthly installments over a set term, generally five to 30 years, home equity loans typically have a fixed interest rate. A home equity line of credit. This is a revolving line of credit. You only pay back what you spend, with interest, and your credit line can be reused as long as you have access to it. HELOCs tend to come with variable interest rates. A cash-out refinance. These allow you to replace your existing mortgage with a home loan for more than what you owe. You pocket the difference between the two loans in cash. A reverse- mortgage. This is an age dependent option that is often mis-understood, but can be beneficial in some situations. Consider the uses Once you tap into your home equity, you can use the money for whatever you choose. Here are some possibilities: Home improvements. Improving your house can be a smart move, but not all improvements offer the return on investment you may be looking for. For example, one report found that replacing a garage door can give you a 93% ROI, while a typical midrange bathroom remodel returns only 59% and a bathroom addition only about 52%. Real estate investing. For $40,000 down, you may be able to buy a property that will provide enough rental income to cover the mortgage payments — including principal and interest — as well as property taxes, homeowners' insurance, maintenance, repairs, and the home equity loan or HELOC payments. Higher education expenses. You can pay for your children's higher education expenses, helping them reach educational goals that can lead them to higher future earnings. Medical expenses. Erase medical debt and its negative effects on your credit score. Your home equity may secure you a lower interest rate and monthly payments than using high-interest credit cards. Debt consolidation. Several thousand dollars in credit card debt at an average interest rate above 21% is much higher than the interest rates on a medium-term (10-year) home equity loan (about 5%) or a HELOC (close to 6%). Refinance. A simple refinance can produce a new loan with better interest rates and/or lower payments than you had with your purchase mortgage. This can result in savings over the life of your loan. When you need capital, tapping into your blossoming home equity can be a sound investment decision. Of course, there are risks associated with borrowing against home equity however the more you know about the different types of loans leveraging your home equity can be a wise decision. Always work with qualified legal and financial professionals.Modified by: Theresa Tscheschke Gunal to reflect Colorado local Real Estate ; Used courtesy of Rachel Lefkowitz, Home Actions, LLC
MOREIs This Your Situation: Wondering If You Should Get a Home Inspection Before Selling Your Home
Is This Your Situation: Wondering If You Should Get a Home Inspection Before Selling Your Home
Some people suggest getting a home inspection before selling a home, but is this really necessary? Read more to consider both sides of the argument to figure out whether or not you need to get a home inspection before selling your house this year. Are you planning to sell your home this year? When you’re in the preliminary stages of putting your house on the market, you need to decide whether or not you should get a home inspection. Because an inspection can have a number of advantages and disadvantages for both the buyer and the seller, the decision is up to you while you’re still the owner. Here are both sides of the argument so you can figure out if you should get a home inspection before you sell your house. The Arguments for Getting a Home Inspection You’ll Find Out What’s Wrong – An argument for getting a home inspection before selling your house is that you’ll find out what’s wrong with your place. Because you’ll have the opportunity to fix issues in advance, you can avoid buyer conditions and costs for you and the buyer down the road by taking this approach. You’ll Have a Copy Ready for The Buyers – A second argument for carrying out a home inspection before putting your house on the market is that you’ll have a copy of the inspection ready for the buyers. Because you’ll have an up-to-date record of the condition of your home, you can please potential buyers by having this information on hand which can be very helpful in multiple offer situation. You’ll Compensate for an Older Home – A third argument for ordering a home inspection before you list your house is that your older home can better compete with a newer home in the same area. Because you’ll have the chance to shed light on where your property is both thriving and lacking, you can offer a well-rounded picture of the available space prior to a buyer seeing the property. The Arguments Against Getting a Home Inspection You’ll Have to Pay a Fee – An argument against scheduling a home inspection when you’re planning to sell your home is that you’ll have to pay a fee. Although this fee is minimal, you will end up paying out of pocket for this service. You can save money in the house-selling process by avoiding this procedure altogether. You’ll Realize Your House Doesn’t Need One – A second argument against performing a home inspection during the selling process is that you may realize your house didn't need one in the first place. Some newer houses are less likely to need repairs and renovations, you can avoid spending money by giving your new and up-to-date home the benefit of the doubt. You’ll Have to Disclose Issues – A third argument against having a home inspection before you start showing your house is that you’ll have to disclose the issues you find to potential buyers. Because the problems you unearth during the process can cost you money, you can delay the inevitable until after you seal the deal. An inspection can help or hurt the buyer or seller financially in both cases, so consider your specific situation before making a decision. For more advice, please feel free to give me a call today. Modified by: Theresa Tscheschke Gunal ; Used courtesy of Jasser Ryan Go, Home Actions, LLC
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