Phil Belonger Real Estate Video Blog - podcast cover

Phil Belonger Real Estate Video Blog

If you are looking to buy or sell a home, get all the information and the latest updates, tips, and tricks from Phil Belonger - your professional Denver Real Estate Agent.
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Episodes

How to Purchase a Foreclosure in Denver

Buying a foreclosure in Colorado is a little different. Instead of being handled by a judicial system, these sales are handled by public trustees. Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. A lot of buyers in the marketplace want to purchase properties with equity. Today we are going to discuss how to do that in Denver, specifically when it comes to purchasing public trustee homes. Colorado is a public trustee sale state. Unlike states li...

Oct 27, 2016

3 Ways to Find a Fix and Flip Property in Denver

When looking for a potential fix and flip property in Denver, you’ve got to be creative. This is a tough market, so you’ve got to explore every opportunity in looking for a deal. Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. We’ve got three different strategies to share with you today about how you can find a property out there with instant equity. In today’s market, it can be tough to find a home with equity that is listed. Here are three w...

Oct 14, 2016

What’s Happening in the Fall Real Estate Market?

The fall real estate market is here and it is a great time for Denver home buyers. Interest rates are low and market conditions are fantastic, partially thanks to Brexit. Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. Why is now a great time to buy a home in Denver? One reason is that interest rates are still incredibly low. When interest rates are low, homes are more affordable. Right now, interest rates are floating around 3.3%. Interest ra...

Sep 23, 2016

How Can Appraisals Affect Your Denver Home Sale?

A question I get asked all the time by Denver sellers is, “Should I have an appraisal done before listing?” Today, I thought I would answer the question in detail. Although I don’t think a pre-listing appraisal is a necessity, it’s definitely a good idea and it certainly won’t hurt to get a little more knowledge from a professional who is objectively valuing your property. However, one thing to take into consideration when you're looking at the appraised value is that there is often a disconnect...

Sep 12, 2016

Denver Homes Are More Affordable Now Than Ever

Today I wanted to update you on the market for the second quarter of 2016 and discuss some of the changes to interest rates and how they affect affordability as well. While mortgage rates for this quarter are up a bit, they’re still really low by historical standards. Households with a $60,000 yearly income can currently afford a house with a purchase price of $310,000 at today’s interest rate of 3.5%. If rates were to jump up to 4.5%, this same household would only be able to afford a $275,000 ...

Aug 23, 2016

We Help You Get Under Contract in Multiple Offer Situations

We have some tactics that we use to get our clients here in Denver under contract in a multiple offer situation on properties they really want. A thing we've started offering our clients that we really think is setting us apart is a home buying warranty when they purchase a home. It's mutually beneficial for both you and the seller because it guarantees that if your furnace, washer, dryer, or any other major things in the home break within the first year, they will be taken care of. It's also be...

Aug 14, 2016

Knowing What Kind of Denver Home You Want

Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. What do you want in real estate? Why does it matter? How are you going to get it as it pertains to purchasing a property here in Denver? I want to help you find a clear on answering these three questions. What I've found that was really helpful in the past for clients, especially when there is a spouse or a couple buying a property, is to write down the top 10 items you want in that property. For...

Jul 27, 2016

What Denver Buyers Need to Consider for Future Resale

Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. Are you considering resale down the road when purchasing a home in Denver? There are some key things to focus on with the intent of resale down the road. There are hundreds of things to do (or not do) when considering a home for resale. Three stand out to me as the most important though. Never buy a home that backs to a busy road. The same goes for homes that back to a commercial property. You’ll...

Jun 16, 2016

Should You Accept the First Offer You Receive on Your Denver Home?

Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. In a strong seller's market, there are two different types of exposure. One has to do with marketing and the other has to do with time. We'll dive into both of these to ensure you understand the best strategies you can put in place to make sure you get the most amount of money for your home with the least amount of stress. We put a home on the market Thursday of last week. We had 10 showings and ...

Feb 25, 2016

Hire the Right Denver Real Estate Agent

Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. Are all real estate agents equal? The answer is no. It’s important to interview more than one real estate agent. Today, I want to share some good questions you should be asking a real estate broker before you hire them. Do you work with a team or are you an independent agent? If you work with a solo real estate broker, there’s a high chance they will have a conflict in their schedule when you’re ...

Feb 09, 2016

Showings On Average Per ​Active Listing in Denver

Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. Check out this graph. It examines showings to active listings over the past five years. From 2009 to 2012, there weren’t major changes in trends. However, up until around spring 2013, we experienced a slight change in the market. Around this time, interest rates started to kick up with a high level of demand and low inventory. This repeated in 2014, and again, more powerfully, in 2015. Shortly af...

Jan 25, 2016

What's the Secret to Finding Your Dream Home?

Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale. There are three very important things we do here every time we represent a buyer during the purchase of a home. 1. We want to make sure you don't miss out on a property. In the event that I'm unavailable to show you a home when you want to see it, I have a team of agents willing to get you into the property you want to see. We're working on your time, not our time! 2. We want to make sure you do ...

Jan 25, 2016
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