Denver Colorado LUXURY Real Estate

The Metro Mayor’s Caucus and the City and County of Denver recently announced the launch of a new $15 million grant program to help low and moderate income individuals and families purchase homes within the city boundaries of Denver, Edgewater, Littleton (city only, not Douglas County), Dacono, Sheridan, & Arvada (just added). Check back daily, as more cities will be added to the program in coming weeks.

The program was designed to enhance and help build the local economies in these cities, and also to provide much-needed financial assistance to prospective homebuyers who may otherwise be unable to afford a down payment.  Many homebuyers who can afford to make their own downpayment are also taking advantage of this program.  It’s an incredible opportunity for any Buyer who can qualify! The most significant aspect of the program, entitled “Metro Mortgage Assistance Plus,” is that it provides recipients with down payment and closing cost assistance of up to 4 percent of the value of the loan that will be used to pay for the property. Furthermore, the funds do not have to be paid back to the program!  It’s like receiving a free money gift!

The program is slated to be ongoing through December 2014, and funds will be distributed on a first-come, first-served basis. And while the program is currently only valid on homes purchased within the cities of Denver, Edgewater & Littleton (city only, not Douglas County), Dacono, Sheridan, & Arvada.  The Denvergov.org website notes that additional Metro Mayors Caucus jurisdictions are expected to join the program in the future.

Qualifications – You do have to qualify for the Metro Mortgage Assistance Plus program in order to receive it. The top qualifying factors are the following:
Income – Your income must be less than $91,100 for households with two or fewer people (and less than $103,000 for households with three or more people).
Credit – You must have a minimum credit score of 640 (and slightly higher if you are considering the purchase of a manufactured home).
Debt-to-Income Ratio – The maximum debt-to-income ratio allowed for this program is 45.
HUD Education – You must be willing to complete a HUD-approved homebuyer education course.
Money for Closing – While the program provides significant assistance with  down payment and  closing costs, you must be able to bring a small down payment – - equal to one half of one percent of the total mortgage – - to the closing.
Primary Residence – The program does require that the homebuyer(s) use the property as his/her/their primary residence.  Unlike many other popular and well-known mortgage assistance programs, this particular program does not have any type of first-time homebuyer requirement. Additionally, the program allows for the purchase of a single-family detached house, a condominium or townhome, a duplex, or a manufactured home.
Mortgage Lenders – I can connect you with a terrific mortgage lender who can best assist you with the Metro Mortgage Assistance Plus program.  Call me for a great lender referral. Contact me if you would like additional information on the Metro Mortgage Assistance Plus program! If you are looking to purchase a home in Denver or Littleton, and if you think you may meet the criteria of this program, I will assist you through every step of the process.  Rachel Betz Real Estate 303-534-5000.

THIS LITTLETON HOME WENT UNDER CONTRACT IN 48 HOURS.  IT IS SOLD.

This Littleton stunner offers a bright, open & airy floor plan, and is exactly what you’ve been looking for! Over 2,600 square feet of well-maintained living space with a serene and private yard. The 3-car garage is heated, and perfect for all your toys and hobbies. Change what you want, but you don’t have to change a thing! Call to schedule your private showing today. This home shows true pride of ownership, and has been thoughtfully maintained by its owner. It is the perfect home for a family or empty nesters, boasting a main floor master, and all bedrooms on the main floor. The professionally finished basement is ready to become the home theater of your choice, the man cave of your dreams, a teenage escape, or perfect for any hobby you choose!

Features include: 3 Bedrooms, 3 Total Baths, Over 2,600 Square Feet, Vaulted Ceilings, 3 Car Garage, Heated Garage/Workshop, Professionally Finished Basement, Light & Bright Floorplan, Great Room, Sprinkler System, Newer Paint, Bronze Finish Hardware, Fenced Backyard, Mature Landscaping, Main Floor Master, Fireplace, Main Floor Laundry Room

THIS PROPERTY WENT UNDER CONTRACT IN 48 HOURS.  IT IS SOLD.

779 Mercury Circle Littleton, CO 80124 – 2,899 square feet – 5 bedrooms/4 bathrooms

This Littleton single family home has been lovingly maintained and recently updated.  It is in turnkey move-in condition, and boasts the following features:
- Remodeled Kitchen w/ Stainless Steel Appliances & Wine Refrigerator
- Updated Bathrooms
- New Water Heater
- Newer Furnace
- Newer Roof
- Sprinkler System
- RV & Boat Parking
- Finished Basement
- Wood Floors
- New Paint & Carpet
- Private Backyard w/ Hot Tub, Dog Run & Storage Shed

This beautiful home is just minutes from the Park Meadows mall.  Want to live in Highlands Ranch, but don’t want to pay an HOA and live by someone else’s rules?  This is the home for you!  Bring all your toys…there room for everything!  Are you tired of looking at Short Sales & Foreclosures?  This property is PERFECT!  And priced to sell! Call to schedule a showing today: 303-534-5000 Listed by Rachel Betz Real Estate (Denver, Colorado)

An average Littleton, Colorado home…a not-so-average Sputnik Chandelier.  The chrome central orb.  The clear cube knobs.  The silver spiral tendrils… What?  This Littleton home was the epitome of suburban Jefferson County bliss, and then came this most unusual upgrade.

Lighting is such an integral part of a home.  Lighting can induce feelings of comfort, excitement, architectural eloquence, and showcase one’s art.  OR, it can cause a ruckus.  When choosing a fixture for one’s home, it is of utmost import to think of the HOME – first.  While this piece of electrical art might have a place…somewhere…it does not have a place in a 1980′s suburban Littleton, Colorado two story home that also boasts Tuscan faux-finished walls, a cabin-like wood burning stove, and natural-finished oak kitchen cabinetry.  Buyers, sellers, clients and friends, I have a duty to inform you…it costs EXTRA money to create this look.  It definitely IS an upgrade, but please…just say, “NO.”  The swoon pauses today.

Thank you C & B for this most excellent image.   Why didn’t we write an offer?