All Forum Posts by: Matt M.

If I'm bringing you an off market deal, you are using me for that deal and the other side. If not, that's the last deal you see from me. If you feel like you need to bring an agent, then you are paying that agent. 

We have a place in Belize that gets rented via the resort. We fly direct from Denver now that Southwest is flying there. Lot's to see and do, but outside of the 2 hotspots, things move VERY slowly. 

Are you up for smiling and dialing for dollars?

 Then I'd buy now. Rates will go up probably into the 8s and maybe 9s. While the prices might decline, the payment amount won't. I wouldn't worry about timing the bottom, because you won't. If you hold on long enough, it doesn't matter the price you paid as it all comes back. Denver has been 6% appreciation for the past 50 years IIRC. 

 You should be able to qualify on your own and be comfortable paying the mortgage. If you can't, now is not the time to risk it. 

Forget flips, etc. Just go get pre-qualled and buy a house. Rent out a room and see how you like it. Keep your day job, and in a year, buy another. Rinse and repeat. 

Be careful about analysis paralysis. Looks like your getting close!

Just jump! 

Inventory will suffer for the foreseeable future. The only people moving are from divorces, deaths, relos, first timers and cash buyers. The move up market is dead. People are making things work in their current homes, however people are running out of savings. HELOCs are getting tapped along with cash out refis. The next thing will be job loss, then starts another round of foreclosures/short sales. There is your inventory. We had 50k+ homes on the market when I was doing REOs.

Baring something catastrophic, rates won't be back down for a LONG time. Could be years... Plan accordingly. 

Make sure to verify all numbers with your client. Be especially cautious with any company with the NW initials. I won't do business with them.

This home went under contract yesterday.