Real Estate News - Denver, Colorado - Blog Archive: October, 2016

October 2016

Found 2 blog entries for October 2016.

How To Turn $9,000 Into $85,115 In Just 5 Years Just Buying a Denver Area Home. 

Denver Mortgages Gain EquityBuying a Denver area home is a smart decision for your future. Here’s how you can potentially turn $9,000 into $85,115 in just 5 years? Kenna Real Estate's Loan Advisor Shawn Janusheske explains.

The Denver home market is appreciating at over 11% right now.  But if we take a conservative approach and use just 3% appreciation.  Here’s what can happen. Imagine what 11% looks like!

On a 300,000 home purchase, qualified homebuyers can put just $9,000 as down payment. 

In just 5 years that $300,000 home purchase would have appreciated in value to $347,728.

Plus the loan that started out at $291,000, after making 60 payments would have a remaining balance of

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Reverse Mortgages to Buy a Denver Area Home


For seniors hoping to purchase a Denver area home, a reverse mortgage could well provide the ideal solution. Securing a reverse mortgage for purchase is the ideal way for Denver based seniors to fund the move into the property they need for their aging years without dipping into their existing equity or taking on additional loans that they simply can’t afford.

The most common way that seniors choose to use a reverse mortgage is simply to enable them to remain in their existing home. The equity that the reverse mortgage releases is then used to cover the expenses so common amongst the elderly, such as home modifications, medical expenses, and the cost of in-home care. However if your existing home is

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New program offers No Down Payment Loan