Kelli Lanphere
November 2020
"The future belongs to those who believe in the beauty of their dreams." Eleanor Roosevelt

Why Are People Obsessed with Mid-Century Modern Design?
Mid-century modern design is one of the most popular design styles right now and for good reason. It boasts clean lines, pops of color, and if you buy an older home, it can be a natural fit with the existing elements of the property.
      So, what exactly is mid-century modern design, and how can you make it work in your home?
      Mid-Century Modern Basics Mid-century modern design is based on architects’ work who moved from Germany to the U.S. after World War Two. These architects led the way in mid-century modern design, which emphasizes functionality and simplicity.
      The period, while there is some disagreement on
Mortgage Rates
U.S. averages as of November 2020:

30 yr. fixed: 2.81%
15 yr. fixed: 2.32%
5/1 yr. adj: 2.88%

on specifics, generally is considered to have lasted from the 1940s to the 1960s, but much of what we think of as mid-century modern now is from the
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What is a Short Sale?
     The idea of purchasing a home at a deeply discounted price is appealing to most people, but these situations can come with strings attached. One way to get a deal on a property is to buy a short sale, but the transactions are complex and risky.
      Short sales are transactions where a home is sold for a lower price than the debt that’s owed. When a homeowner realizes they can’t afford their mortgage anymore, they can start the short sale process with the lender. The owner has to apply, and the goal is to avoid foreclosure.
      Lenders will often approve a short sale if the home is worth less than what’s owed, and the seller has to demonstrate financial hardship. Short sales were incredibly common following the Great

Can You Get a Mortgage with Bad Credit?
     The real estate market remains hot right now, despite economic headwinds. Many people want to jump in and buy a home or upgrade their current home to a new one for good reason. Interest rates are incredibly low, so now could still be a buying opportunity, despite limited inventory and high prices in some locations.
      If your credit isn’t perfect, you may wonder if anyone will approve you for a mortgage. The short answer is maybe.
      You aren’t alone if you don’t have great credit. Around 15% of Americans have a credit score from 500 to 599, which is considered poor. Around 10% of people have credit in the range of 600 to 649, which is considered fair.
      When you’re applying for a mortgage, you’re most likely to be approved with a score of at least 650, although even anywhere in the 600s can make it challenging. If your score is below 500, you’re almost certainly not going

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Buyer vs. Seller’s Agent: How Do They Compare?
     Sometimes we don’t focus on distinguishing between a buyer’s agent and a seller’s agent, but understanding the differences is important when you’re choosing someone to work with. The terminology can also get a bit confusing.
      A buyer’s agent is also called a selling agent because they help buyers find properties. A seller’s agent is referred to a listing agent.
      For purposes of comparing the two, we’ll call them a buyer and seller’s agent, because this references who they work for. A buyer’s agent represents buyers, and a seller’s agent represents sellers.
      If you’re weighing whether or not you need an agent, when it comes to selling a home you can do it as an owner, but unless you’re a great marketer and negotiator, you might not do as well as you could with a seller’s agent. As a buyer, it can be even more important to have an agent representing you. Some seller’s agents won’t accept offers from buyers directly.
      Beyond working out the terminology, the following are some differences between the

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What to Consider Before Starting a Kitchen Remodel
What Are the Differences in Mortgage Pre-Qualification and Pre-Approval?

Kelli Lanphere, RE/MAX Circle of Legends RE/MAX Hall of Fame Certified Luxury Home Marketing Specialist CRS
Direct: (303) 322-2210
RE/MAX of Cherry Creek Inc.
(303) 320-1556 x 4578
3773 Cherry Creek North Drive
Suite #801, East Tower
Denver, Colorado 80209

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