Summit Real Estate Blog

Question: We are interested in doing a “cash out” refinance on our home. Are there any risks involved with this type of refinancing? Answer: Cash-outs involve refinancing an existing mortgage and trading in home equity for cash. This option is ...

Question: We are shopping for a loan and would like to be able to compare different loan scenarios. We want to establish the true cost of the different loans that are available. Do you know of any site on the Internet where we could do this? Answer: ...

Question: We are buying our first home and are very confused about the financing terminology. Could you give us some help?  Answer: First-time homebuyers might find financing terminology to be very confusing. One of the most important elements of ...

Question: We had thought about buying a new home but just cannot find anything in our price range. Our next option is to do some remodeling. We don’t know how much remodeling we can do and still expect to get that money out of the property when we ...

DEAR ALLISON: In December 2007, I took title to a condominium in Silverthorne, CO unit that was listed on the MLS as being 1,017 square feet, according to the public records. Recently, I was going through a real estate handbook that I own, and it ...