Denver Real Estate

15th February
2008
written by Bob Schenkenberger

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Zeno Photo

SOLD!

6461 S. Zeno Ct.

The Farm at Arapahoe County

28.5% Discount!

  • Price $350,000
  • 5 Bedroom
  • 4 Bath
  • 3141 Sq. Ft.
  • Bank Owned

Click here to go to the Full Disclosure Information on this property. Including, Investment Analysis, and Market Analysis!

There are basically 3 types of people buying these properties currently.

1. Those looking to take advantage of this market and invest in real estate.

a. We have had people buy individually, and form small groups to buy through an LLC. (if you want info on how to do this, please let us know. We are happy to give you any info you’ll need to get started.)

2. Those looking to take advantage of this market and Move into a new home.

a. One caveat, if this is the category you fall in, you must be willing to keep your current home as an investment. These deals can NOT be contingent upon the sale of a property.

3. First Time Homebuyer’s

a. This is the best time in over 20 years to buy your first home. We have special mortgage arrangements such that the first time home owner, can purchase with little or no money down!

14th February
2008
written by Bob Schenkenberger

Spurcross

 SOLD!

5379 Spur Cross Trail

Pradera Golf Club

19.3% Discount!

  • Listing Price $425,000
  • 4 Bedroom
  • 4 Bath
  • 3366 Sq. Ft.
  • Bank Owned

Click here to go to the Full Disclosure Information on this property. Including, Investment Analysis, and Market Analysis!

There are basically 3 types of people buying these properties currently.

1. Those looking to take advantage of this market and invest in real estate.

a. We have had people buy individually, and form small groups to buy through an LLC. (if you want info on how to do this, please let us know. We are happy to give you any info you’ll need to get started.)

2. Those looking to take advantage of this market and Move into a new home.

a. One caveat, if this is the category you fall in, you must be willing to keep your current home as an investment. These deals can NOT be contingent upon the sale of a property.

3. First Time Homebuyer’s

a. This is the best time in over 20 years to buy your first home. We have special mortgage arrangements such that the first time home owner, can purchase with little or no money down!

13th February
2008
written by Bob Schenkenberger

SoldLast week we sent out an email to everyone about the Wholesale Deals we were promoting. 3 of those are now history! We also will not be sending out emails any longer, you will need to check here, or subscribe to our RSS feed to be in the loop!

  • 1947 Akron St., Sold for $55,600, a 67% Wholesale Discount!
  • 2070 Emporia St., Sold for $45,800, a 62% Wholesale Discount!
  • 2288 Elmira St., Sold for $61,200, a 56% Wholesale Discount!

These deals are gone, but there are many more still available (Click Here to see them) and even more yet to come. Let’s get ready to make some money on these! Be sure to subscribe to our RSS feed, and be notified when the wholesale deals come out.

It pays to be first on these!

7th February
2008
written by Bob Schenkenberger

Check out this article published in the Rocky Mountain News,

http://rockymountainnews.com/news/2008/feb/06/new-home-market-anemic/

Basically, it says New Home Sales have hit bottom, and are on the rebound. Unemployment is low, and significantly better than the rest of the country. We hav (more…)

7th February
2008
written by Bob Schenkenberger

News is spreading and everyone is starting to jump on the bandwagon. As reported today,

“While the new home industry wrapped up 2007 on a weak note, there are indications that the bottom of this housing cycle may occur in the next few months,” said Mike Inselmann, president of Houston-based Metrostudy, a national housing tracking and consulting company.
“Builders are steadily whittling down excess inventories, interest rates have recently declined again to near-historic lows, and there is sentiment that housing prices will stabilize by mid-year,” he added in a statement.
“Home prices in many markets are as low today as they are likely to be for the next decade,” he said. “And with the low interest rates and low prices, housing affordability is improving in many areas of the country.”
Despite the lengthy housing correction, job growth continues to illustrate the underlying strength of the local economy, said John Covert, director of Metrostudy’s Denver division.
According to the Colorado Department of Labor & Employment, the Denver-Aurora-Boulder MSA added 22,000 jobs during 2007, for an annual growth rate of 1.7 percent.
“Job growth is expected to be about 1.5 percent, which would mean 20,000 new jobs,” Covert said in a statement. “This will help the housing market absorb the high levels of existing home and new home inventories.”
Denver’s unemployment rate remained low at 3.9 percent in December, compared to 4 percent the previous year and (more…)

6th February
2008
written by Bob Schenkenberger

Google? Microsoft? Apparantly not. When the Sun Microsystems campus was sold to a mystery buyer last week for an estimated $56 million, the speculation was Google or Microsoft was behind the straw purchase. Well less than a week later, both companies have adamantly denied they were the deep pockets pumping the cash into the Denver real estate market. I certainly don’t know who is behind the buy, and I’m more interested in what will be done with the property.

It seems to be a very expensive speculative play for a developer. Especially (more…)

2nd February
2008
written by Bob Schenkenberger

So, everyone is speculating that either Google, or Microsoft purchased the Sun Microsystems Campus between Denver and Boulder. Quite frankly, who cares! Either of these giants will be a welcome addition to the Denver business scene, a boon to the economy and the real estate markets biggest blessing.

Maybe the purchase of a $56 million dollar property says they believe it’s a good time to buy?

Starting this Monday, the Get Home Denver Team’s (more…)

31st January
2008
written by Bob Schenkenberger

Well the news is in, Denver has gone from top 5 for foreclosures in the country, to the number 5 best market in the country. The bad news is the the number 5 market in the country declined in value by 3.1%, to achieve such lofty status.

The good news is, the Denver real estate market is trending in the right direction!

We compile a weekly list of some of the best deals in town. If you (more…)

29th January
2008
written by Bob Schenkenberger

Let me first say, it usually takes quite a bit for me to let go of a money making opportunity. I mean, if there are problems with a transaction, I will always go the extra mile, or extra hours, to get the job done. I pride myself as a problem solver, and over the past 16+ years have repeatedly saved deals from the graveyard, when it would have been easier to let them die. Creative solutions to transactional problems are just part of the job.

However, mortgage companies have displayed a new level of ineptitude, and quite frankly, I’m done with dealing with them! I understand that mortgage companies are very busy dealing with all the foreclosures, (more…)

27th January
2008
written by Bob Schenkenberger

Did you hear the latest news story, about a “Mystery Buyer” closing on the Sun Microsystems property between Denver & Boulder? Well it must be a very qualified buyer, because it’s estimated the property is worth $60++ million!

What it tells me is the big dollars from corporate america are moving to Denver for a reason. They believe, as do I, that the local economy, work force, standard of living, real estate market, are better HERE, than most other places around the country.

The real estate market benefits substantially when corporations, like this “Mystery Buyer” invest in our local economy!

Have you thought about investing? If so, get on our “wholesale property” weekly e-mail list. We provide a weekly listing of great properties, at Wholesale Prices. To get qualified to be on this list simply contact us today!

Bob
bob@gethomedenver.com
www.GetHomeDenver.com

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