Thinking of buying a home? It's so easy to get wrapped up in the excitement and miss some very important things. Other than choosing a spouse this is one of the biggest decisions you will make. Here's a good article! http://www.savingtoinvest.com/10-deadly-mistakes-buyers-make-when/.
One of the major mistakes is getting the wrong realtor. Your realtor should be your trusted advisor. They look after your best interests and will listen! I love helping people and if you have questions, I'm here to help!
Thursday, October 15, 2015
Thursday, October 8, 2015
Are you ready for Winter?
The last several days has been cold and rainy in Mancos. We now have our first snow in the mountains. People are saying we are going to get lots of snow this Winter. Are you prepared? The next week weather should be wonderful to get ready. Got good tires? Got yard picked up? Got wood or propane tank filled? Here's a good list to help! Winter Preparation, Winter Preparation Checklist - Bob Vila
Wednesday, September 23, 2015
Monday, September 21, 2015
Fall Colors!
Tuesday, September 15, 2015
Hometown
How many towns meet for dinner and line the street?? We do!! Mancos, Colorado is a great place to live!!
Tuesday, September 8, 2015
Monday, August 17, 2015
Helping 1st time home buyers: Is lender a good fit?
This past week I have had the privilege of helping two 1st time home buyers. Both wanted to be close to Durango for work but couldn't afford anything in that market. After looking at several homes, Ben found the perfect home where he can live in the country, and have some critters. Going thru the process of a VA loan, was tedious and he learned to have patience. Got a great home with no down payment.
Stephanie found a home in downtown Mancos, which will fit perfectly since it's close to Phil's World, a favorite mountain bike trail for her. Stephanie's loan was with a bank out of the area. The process was very stressful and very little communication between the bank and her. Even though she wanted to switch banks, the appraisal had already been done and starting with a new bank would require a new appraisal. We finally closed, however the process could have been way better. She did a get a home with only a 3% down payment.
Lesson learned is to always speak with 2 different lenders and ask valuable questions. How long will the process take? After the appraisal is in, how long will it take underwriting to approve? Do you have a local representative? Compare different loan options and interest rates. If you don't understand something, ask questions. Ask for referrals of buyers in your area.
I highly recommend Alpine Bank in Durango and Dolores State Bank, which has a branch in Mancos, Cortez and Dolores. Having a lender that you can see face to face sure helps ease much of the stress.
Stephanie found a home in downtown Mancos, which will fit perfectly since it's close to Phil's World, a favorite mountain bike trail for her. Stephanie's loan was with a bank out of the area. The process was very stressful and very little communication between the bank and her. Even though she wanted to switch banks, the appraisal had already been done and starting with a new bank would require a new appraisal. We finally closed, however the process could have been way better. She did a get a home with only a 3% down payment.
Lesson learned is to always speak with 2 different lenders and ask valuable questions. How long will the process take? After the appraisal is in, how long will it take underwriting to approve? Do you have a local representative? Compare different loan options and interest rates. If you don't understand something, ask questions. Ask for referrals of buyers in your area.
I highly recommend Alpine Bank in Durango and Dolores State Bank, which has a branch in Mancos, Cortez and Dolores. Having a lender that you can see face to face sure helps ease much of the stress.
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