Important FHA Update
Loan limits have increased for the Denver Metro! HUD has announced on 02.25.09 the hi cost loan limits. For specific counties please see:
https://entp.hud.gov/idapp/html/hicostlook.cfm
The Denver Metro area is back up to $406,250 for a single family home. (this is up from previous 2009 limits)
2 Family: $520,050
3 Family: $628,650
4 Family: $781,250
To include, Denver, Jefferson, Adams, Broomfield counties. Boulder county is at $460,000
This is great news but these amounts are still being implemented at the investor level so as such are not yet available but definitely coming soon. This is great news for the purchase season! That coupled with the stimulus benefits equals NOW is a great time to buy.
For HUD’s complete release please see:
http://www.hud.gov/news/release.cfm?content=pr09-014.cfm
Rovena Flores, Dream Real Estate. Your Real Estate Professional Serving Colorado for over 23 years. 303-204-7992, RovenaFlores@gmail.com
Integrity, Professionalism, Results!
- Rovena Flores
- I am the owner of Dream Real Estate/The Flores Team, Inc. and I am a Real Estate Professional Specializing in Denver and surrounding areas. Serving Colorado for over 22 years. HELPING BUYERS EVERYDAY Assisting you in finding the right home, Negotiating on your behalf, Completing all your necessary paperwork, Providing Market Statistics and Analysis, Helping you locate Home Financing, Relocation Experts, First Time Home Buyers HELPING SELLERS EVERYDAY Professional Staging Provided, Advice on preparing home for sale, Review of Selling process and decisions made during the sale, Help in selling price, by doing Competitive Market Analysis, Listing the home on the MLS, Handling closing services and paperwork, Regular feedback on process, Representation on Negotiation, Provide feedback on showings, Attend Closing.
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