Is The Tiny House Fad For You?

You’ve probably seen the shows on TV about the tiny house fad. People give up living in bigger homes, get rid of stuff and purchase a home that they can pick up and move anywhere, like an RV. Most RV’s are quite a bit bigger than a tiny home. They average is about 100 to 200 square feet.

So is this for you?

The upside

Is The Tiny House Fad For You?Maybe or maybe not. Yes, it definitely lowers your environmental footprint. It costs less to live in and uses many environmentally friendly ways to heat and power the home.

Since the home is moveable a tiny home owner isn’t permanently taking up land that could be used for other purposes like farming, parks and so on. Many people feel it is freeing to divest themselves of excess things and live smaller and that it is a fantastic way to see the country.

Unfortunately, there is a down side

Should you decide to buy a tiny home and make it a permanent residence in a permanent place, you may just run into problems with local governments. Towns, cities, counties and so on have rules, called codes, that deal with how homes are built, what size they have to be and where they can be put.

There are also taxes assessed on homes and the land they sit upon. If your tiny home violates building or zoning codes, fixing the problem can cost you a lot of money. Not to mention that you could be assessed with back taxes for an illegal home.

The size of things

There is also the issue of the size of things like appliances and room to move. If you have a family this can be a huge problem. Just trying to cook in a normal size kitchen with kids and pets, should you have them, can be challenging. Small children or toddlers don’t understand the dangers and having space to keep them out of the way is an important safety issue. Even the closest couples or families need space from each other. Tiny homes really don’t provide that.

Another safety issue are weather issues

High winds are something to be concerned about.  Measures can be taken to secure a tiny home, but if it’s a fast moving storm you may not have time.  Another issue could be flooding or wild fires, but in those situations having a moveable home can be a plus.  Unless it’s an unexpected flash flood or quick moving fire, you could be in better shape than your permanent neighbors. It’s a lot to consider!

It is fun to watch those shows and dream of taking your show on the road (and some people LOVE IT!) Which side do you come down on? Tiny home or McMansion?

The Benefits of Buying A Home In A New Build Subdivision

So the other side of the buyer’s coin is new construction. If the idea of buying an older home with all of it’s possible issues doesn’t appeal to you, buying into a new subdivision or having a custom home built may. Doing either has plenty of benefits. Here are a few.


The Benefits of Buying A Home In A New Build SubdivisionWith a custom home you get to have tons of input as to the floorplan. Even if you look at a new subdivision that has preset types of homes will still give you input as to what you are looking for.

For example, if you had problems finding an existing home that has an open floor plan and larger rooms, a pre-built new construction will have what you need.

Along with that, you can personalize either a custom build or a home in a subdivision to be built to your liking. Choosing things like flooring color and options, wall colors, countertops and cabinetry and appliances. It may add some cost if you upgrade from builders grade, but it is what you want.

Energy efficient

New homes are also more energy efficient and probably greener, smarter and healthier. New appliances and HVAC systems are more efficient with energy than older systems. They are healthier because of low or zero VOC paint and building materials. Smart homes, integrating technology into the home, are easily found in a new home.


Remember that maintenance cost in an existing home? Not going to find it in a new home. With everything being brand new, maintenance or replacement cost is next to nil. Plus there are also warranties on everything should something go wrong.


And let’s not forget the amenities offered in planned communities. Many include pools, park spaces, community centers, health clubs and so on. All of those are there for you, the homeowner, and mean that you don’t have to pay to have your own pool installed or an extra space in the home for work out equipment.

There are so many benefits to a new build, so why consider anything else?

If you are considering buying a new build home, you might be surprised to know that you CAN use a Realtor who will be there to protect your interests! New builders are generally happy to work with agents and you can be assured that you will get the best deal possible AND great representation!

Thinking about buying a new build? Give Tena D. a call today to find out what is available… 303-452-5853

5 Tips For First Time Homebuyers

5 Tips For First Time HomebuyersYou’ve decided that it’s time to stop renting and jump into home ownership but there are a few things that you should do before making that leap. Some of these things need to be done well before you start traipsing through house after house.

The very first thing you should do is check your credit

Not just your credit score, but your credit reports. The “big 3”: Experian, TransUnion and Equifax, will give you a complete overview of your credit situation. If there are discrepancies, get them cleared up. This can take weeks or months. If your credit score is low, you may need months or even a year to raise it. Having a good credit score can make a huge difference in how much interest you pay on your mortgage, so it will be worth putting off looking at homes until you are ready and able to buy.

Next, save, save, save

Having a decent or better down payment can mean the difference between getting the house you want or not. 20% is a good figure to shoot for, if you can save more, it will give you a cushion in case you need to fix things in the home or pay any extra fees. Plus it helps raise that credit score too!

Get preapproved for your mortgage

Getting preapproved can and will give you a leg up over other people making offers on the same home as you are. A seller who knows that you can get financing and settle more quickly will favor you over another buyer who doesn’t. It will also mean that you stick to your budget. If you are preapproved for a mortgage that will be comfortable for you to pay each month you will be less likely to be talked into a home that is above your price range.

No large purchases until after settlement

Don’t shop for furniture, cars or make other big purchases until after you have settled on your home and the money has been paid out to all parties. If you make any large, expensive purchases, especially on credit, prior to settlement you may end up without a mortgage when you are ready to settle.

Lastly, find a reputable Realtor to help you find that new home!

Definitely pick one that loves working with first time homebuyers and who will answer all your questions! A great Realtor will help you to get through the whole process safely and find a great fir home!

Why The Market Slowing Down Is Good For Denver Real Estate

The real estate market in Denver has slowed down, but that’s a good thing. It sounds counterproductive, but for buyers and sellers, it is a good thing and here’s why.

Puts homeownership within reach

Why The Market Slowing Down Is Good For Denver Real EstateFor buyers it means that homeownership is within reach again. In a slower market home prices are lower. That’s great for buyers, obviously.

What makes it good for sellers is that they don’t have to rush to market. Knowing that they aren’t “missing out” on a hot market means that they have time to get it right. Updates can be made, and they can take a week or month to get their home in the best shape ever.

For a seller that means the best price for their property.

More time and less worry

In a slower market there are fewer frantic buyers buying anything and everything just because it may not be there the next day. Not great for sellers, obviously. But for buyers it means they can take time to see more homes and find the right one, instead of feverishly buying SOMETHING because it may disappear from the market the next day. With that also goes the bidding wars. Having more time to decide without the worry about being outbid.

Better price negotiations

A slower market also gives a buyer more negotiation room for buyers and sellers. For sellers a slower market means less competition. That will help with price negotiations. For buyers it means you can also negotiate price, but with it you can negotiate in repairs, closing costs and other concessions.

Don’t give up your dreams of homeownership or selling your current home because of a slower market. It can be a great thing for you as a buyer or a seller. Call your Realtor today and ask how they can help you.

Buying In Denver – Why The Fall Is A Perfect Time To Buy a Home!

There is a thought in the general public that Fall is not a good time to buy a home. The common reasoning is that the kids are back to school, people are too busy with school activities, sports, holidays and such and don’t or won’t have time to house shop or don’t want to uproot kids in the beginning of the school year.

Well while that is true in some areas, for most of the country Fall is a fantastic time to buy and here’s why.

First, prices drop once summer is over

Buying In Denver - Why The Fall Is A Perfect Time To Buy a Home!Sellers who didn’t sell over the summer panic a bit and tend to lower prices in order to sell. They are worried that a slowdown in the market will mean they are stuck until next spring so they drop the price.

This gives you, the buyer, a bit more buying power than other times of the year. Plus, buying around or before the holidays is a great way to get yourself in the holiday spirit. Moving in and decorating a new home for the holidays is fun!

Tax break

Another reason is getting the fantastic tax break of home ownership this year instead of waiting until next year. You can deduct mortgage interest, mortgage insurance premiums and property taxes. Also any prepaid taxes and insurance premiums paid at closing can be deducted too.

If you’re worried about owing taxes this year or if you really don’t want to wait until the spring of 2018 for the refund, buying now, in the fall, is a smart decision.

So don’t “buy” into the common wisdom that you shouldn’t buy in the fall. Fall is a great time to buy a home. So call a Realtor and get house hunting now!