Archive for October, 2012


Broomfield Real Estate: Top Notch Sold Homes for October 2012

The Broomfield real estate market is showing a lot of stability these days. Of these top 5 sales the average sold price was 96% of the listed sales price, and the current average number of days on the market is at 70, making it a strong market for selling when compared to the entire Denver Front Range.The diversity that is available for the many different styles of living that is offered for home ownership in the Broomfield area is in the Broadlands community in Broomfield Colorado.This community has a wide variety of housing available, from very nice patio homes to luxury homes that back to the Broadlands Golf Course. Well located, only ten miles north of Denver and west off I-25, the Broadlands homes and neighborhoods are just a short commute to Colorado’s state capital and the downtown area and about 25 minutes from Boulder. Homes in this community vary in price with the median sale price of $485,000 for residential homes and $220,000 for attached townhomes and patio homes. Click here for more information about homes for sale in Broomfield Colorado.

Just Sold Real Estate in Broomfield Colorado

Broomfield, CO 80023

The Broadlands Subdivision

4 Bedrooms
3 Bathrooms
1,663 Finished Square Feet

Sold Date: 10/17/2012

Sold Price: $259,000

Broadlands Real Estate in Broomfield Colorado Information and Homes for Sale

Broomfield CO Homes Sold in Willow Park October 2012

12584 Utica St
Broomfield, CO 80020

Willow Park Subdivision

3 Bedrooms
3 Bathrooms
1,789 Finished Square Feet

Sold Date: 9/26/2012

Sold Price: $259,000

Search for Broomfield Colorado 80020 Real Estate for Sale

Sold Real Estate in Broomfield CO at Country Vista

4597 WINONA Pl
Broomfield, CO 80020

Country Vista Subdivision

3 Bedrooms
3 Bathrooms
1,789 Finished Square Feet

Sold Date: 10/5/2012

Sold Price: $289,500

Broomfield Colorado Real Estate Resource

Broomfield Sold Home Information October 2012

Broomfield, CO 80020

Willow Run Subdivision

3 Bedrooms
3 Bathrooms
2,907 Finished Square Feet

Sold Date: 10/12/2012

Sold Price: $300,000

Call 303-250-4735 for a free comparative market analysis for your home today!

16656 EDWARDS Way
Broomfield, CO 80023

Anthem Subdivision

3 Bedrooms
2 Bathrooms
2,104 Finished Square Feet

Sold Date: 10/19/2012

Sold Price: $385,000

Call a Homewerks real estate agent and receive helpful information about Broomfield, Colorado. Also, find detailed MLS real estate data on specific homes or properties for sale and receive help from real estate agents with Keller Williams Realty in the metropolitan Denver areas. You will be glad you did!



Buying Broomfield CO Real Estate: Debt-to-Income Ratios

Agent in Broomfield Westminster Thornton AreasBuying Broomfield CO Real Estate? Understanding Debt-to-Income Ratios

When a home buyer is looking for a home to purchase in the Broomfield real estate market, some of the most commonly asked questions are, “How much can I buy if I make a certain amount of money?” or “How much of a loan can I qualify for if I have a certain amount of debt?” Here is a general formula that is used to determine these 2 closely related questions because the amount someone qualifies for is based upon what is called the debt-to income ratio.

Figuring out the total housing payment for the mortgage you are focused upon reaching is the first step. This is the monthly principal, interest, taxes, homeowner’s insurance, and any mortgage insurance and HOA fees. You can use our Broomfield real estate mortgage calculator for getting this figure, and click on this link, Colorado most current mortgage loan rates for the latest rates to calculate your mortgage payment.

To the sum above, add the minimum monthly payments that show on your credit report. This number is your total monthly debt that you would have for mortgage payment approval from your mortgage lender. Total monthly debt is what you have combined with everything owed to others monthly.

Broomfield Colorado Community Church in Bradburn NeighborhoodDivide your total monthly debt by your gross monthly income. This will give you your debt-to-income ratio (DTI). What is significant about debt-to-income ratio is it allows you to determine with your mortgage lender what kinds of mortgage loans you can qualify for. The top threshold for a conventional loan is a debt-to -income ratio of 45%. For FHA and VA loan financing, 50% or a little higher, depending upon the lender.

Gathering all of this information before you can establish your debt-to -income ratio and figuring your loan qualification maximum amount requires that you need to know your gross monthly income ( income before taxes) and you need to know what is on your credit report. Do not make the mistake of guessing what is on your credit report. Get the report from the reporting agencies so you really know where you are at. You need the information and so will your lender, and sometimes not everything you owe each month shows up on your credit report, or at least not right away.

At the end of the day, the only way to know the exact amount you can afford for a home loan in Broomfield is to have a competent lender figure it out for you! Working with a lender is one of the first things you need to do if you are looking to buy real estate in Broomfield Colorado, or anywhere else in the Denver Front Range.

Feel free to contact us with any question you might have concerning Broomfield home values, market conditions, and finding homes for sale! Denver is one of the most attractive larger metropolitan cities for people who are young, single, educated, and upwardly-mobile career starters. This makes it a good place to live for young singles in their 20s and 30s and who have either undergraduate or graduate degrees and are on the road to launching their professional careers. The City and County of Broomfield offers many demographics that are desirable enough that young professionals will find many others like themselves here, with really good opportunities for friendships, recreation, romance, and more. Search for residential real estate in Broomfield Colorado at Homewerks with Keller Williams Realty and to get more information on buying and selling a home in Broomfield and surrounding areas.

Have a Great Day!

Shaun Werkele


Buying Colorado Real Estate Things to Look for When Enrolling in Colorado Schools

Denver Area Broomfield School PanoramicBuying Colorado Real Estate? Things to Look for When Enrolling in Colorado Schools:

When you are looking to buy a new home in Colorado, there are some things that you should consider when checking the enrollment in Colorado schools for areas that you might be considering.

Starting with preschool programs and daycare, you should check into verifying the Colorado school programs that are recognized by the National Association for the Education of Young Children (NAEYC).This association has been in existence since 1985, and voluntary accreditation allows for educational institutes working with children from birth through age 8 to meet a national standard of quality. Another item to consider is the availability of special needs for your child, if needed. The Developmental Pathways Intervention Colorado program will be able to aid you in finding a referred school if your child has special needs.

There are Colorado schools that may be a consideration to you based on “qualitative information” for finding a school that meets your needs. Essentially, this can be determined by checking the test results for Colorado schools by district. By checking this, you can evaluate schools based upon assessment data for CSEP Scoring, graduation rates, drop-out rates, average number of students per class, and individual school safety and discipline policies. All of this data is provided by the Colorado Department of Education.

For more in depth information on schools and their extracurricular activities and athletic programs and their details and availability, go to the Colorado High School Activities Association. If you know the areas you are interested in buying real estate in Denver Colorado, then try the local schools websites for those particular areas and what that school has to offer for a quality education. This is a great way to make a decision on what would be a great school for your children and for all the reasons why you like the area you would like to buy in.

If you are considering private schools for education, then try comparing Denver area private schools  at Private School Review. This is broken down into religious affiliation, number of grades offered per school, the total number of students per class, tuition amounts per year, and the teacher to student ratio per classroom.

The Academy in Westminster Broomfield areas of Front Range ColoradoFinally, I recommend that you visit any of the schools that you are considering. The school staffs will be welcoming and professionally courteous to you. The best Colorado schools have a well-equipped library or media center that will be well-maintained and provides the most current technology available to its students.

After you have had the chance to review this information on local Colorado schools, contact us at Homewerks, so we can tell you more about how we can provide you with insightful real estate help. We welcome the opportunity to earn your business and feel free to call us if you have any question about buying a home in Broomfield, Westminster, Brighton, Arvada, Thornton, Lakewood, or any other information on Denver suburban neighborhoods. Or if you need to sell a home please contact us and we will be glad to help!

Shaun Werkele



Broomfield Real Estate: 2539 MCKAY LANDING Pkwy 80023

Broomfield Real Estate for Sale

McKay Landing Homes For Sale

Broomfield, CO 80023

Posted by Shaun Werkele On Oct 10, 2012 In: Broomfield CO Real Estate

Broomfield CO Real Estate Just Listed Broomfield Real Estate Listing Location
Description: Air Cond-Central,Cable Available,Ceiling Fan,Cable Installed,Central Vacuum,Dbl Pane Wndw,Disposal,Dishwasher,Eating Sp/Kit,Formal Dining,Fence,Five Piece Bath,Garden Area,Garage Dr,Gas Logs,Great Room,Kitchen Island,Landscaped Pro,Mstr Bathroom,Microwave Oven,Master Suite,Newer Paint,Pool Community,Patio,Quick Poss,Refrigerator,Smoke Alarm,Self-Clean Oven,Smoke Free,Sprinkler,Stove/Range/Ovn,Wndw Cover,Walk-In Closets,W/W Carpet…
broomfield real estate Listing courtesy of MB LAWRENCE REALTY
Brand new Broomfield Homes and Real Estate Wednesday Oct 10. Newly marketed homes in Broomfield Colorado areas with information and Realtor services. Neighborhoods include: Willow Run, Interlocken, Broadlands, Westlake…
Disclaimer-The content relating to real estate for sale in Broomfield CO Homes For Sale comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC. Real estate listings held by brokers other than this presenting broker are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change without notice and should be independently verified. All Broomfield real estate for sale and other Denver Metropolitan listed areas advertised herein are subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

Broomfield Real Estate Down Payment Information for Buyers

Real estate in Broomfield ColoradoBroomfield Colorado real estate is in great shape the week of October 1, 2012 when you look at the amount of homes on the market and the great interest rates for loans. The current inventory for Broomfield short sales, like the inventory for all Broomfield homes for sale, is incredibly low. All properties, if they are initially priced right, are moving quickly, so we recommend that you work with a Broomfield Realtor that can send you information on short sales listings and what we call “private owner” sales for Broomfield just listed homes.

So many people think that they need 20% down to buy a Broomfield house, but here are the actual facts that you may need so that you know what is required to purchase a home for yourself and your family:

For conventional (non-government) loans you will need 5% down payment for a primary residence. If you live in the home then you qualify for this down payment amount. It is possible to get a 3% mortgage loan, but keep in mind that the interest rates are higher and the mortgage insurance is higher. If you are making a purchase of a home for a second property then you will need a 10% down payment for a purchase. If you are investing, then this is where you will indeed have to put down 20% to buy a home in Broomfield.

If you are going to live in the home, then you might consider using FHA loan financing. This is a government backed loan that is for primary residences only, and for persons who have not owned a home in the past 3 years. 3.5% down is required and it can be a gift from a relative of the buyer. If you are looking at HUD homes in Broomfield, then $100 down is possible if the property is a HUD home and the offer price is for the full amount that the home is advertised for.

For CHFA loan financing, and this is a state sponsored program for primary residences only, then a $1,000 investment is required from the borrower, and this can be a gift from the buyer’s relatives.

For VA loan financing, and this is for primary residences only, the down payment amount is 0% down! What a great offer for our veterans who have devoted themselves to our country. Thank you!

With the average selling price in Broomfield Colorado being at $250,000, there are affordable options throughout Broomfield. Although some of the neighborhoods are more traditional, there are a great amount of newer housing available in the various Broomfield communities throughout the county. As with all of the recent real estate reports and news stories, the latest data by CoreLogic shows an 8.6% increase in year over year homes prices. Click here to see Broomfield real estate sold numbers throughout the entire selling history of 2012.

Feel free to call an experienced and caring real estate agent in Broomfield for all your real estate needs! We will be glad to help you in any way that we can. Or you can search for Broomfield real estate on our Keller Williams Realty Broomfield website

Have a great day!

Shaun Werkele
Homewerks with Keller Williams


Broomfield Real Estate Mortgage Rates Info Oct 3, 2012

Walking Path in Broomfield ColoradoNow is a fantastic time to buy Broomfield real estate and here is why: loan rates remain at historic lows and we have seen some appreciation in all of the local markets so far this year in  strong offers to sellers! It is still very competitive for homes in many Denver area neighborhoods due to the reduced amount of inventory. See the Broomfield number of sold homes website and check out more information. If you are currently working with a licensed Colorado Lender, the information that you have with the credit bureaus will be pulled and your score will be determined. If you have a long and well established credit score and your credit score rating is 680  or above, then you will qualify for the best loan rates and terms and you will be qualified with excellent credit for buying real estate in Broomfield and other Colorado Front Range communities. You will need a lender letter to put an offer on a property. Call for more details, I will be glad to explain. Here are the current loan rates for the week of October 1, 2012 for Denver Broomfield Thornton Westminster Brighton and Denver area communities.

Conventional Conforming 30 year fixed: 3.625%
Conventional Conforming 30 year fixed: 3.5%
Conventional Conforming 15 year fixed: 2.625%
Conventional Conforming 5/1 ARM: 2.25%
Jumbo 30 year fixed: 3.75%
Jumbo 5/1 ARM: 2.625%
FHA / VA 30 year fixed: 3.25% With -0- origination!
FHA / VA 5/1 ARM: 2.25%
Prime rate: 3.25%
CHFA: 3.75%

For FHA/VA loans, there are exceptions to the 600 credit score minimum. Call us at Homewerks with Keller Williams real estate for more details.  We are seasoned and experienced Broomfield real estate professionals at Keller Williams Realty and you need someone to guide you through the long and involved home purchase process. We would be glad to help you in any way that we can!

Shaun Werkele

Homewerks with Keller Williams Realty