Steps to Prepare Your Family and Home in Case of a Wildfire

It’s Important to be Prepared for Possible Wildfires During Hot, Dry Conditions

Hot temperatures and dry conditions = fire danger! It is important to have a plan to protect yourself and your loved ones before disaster strikes. There are steps you can take to prepare your family, home and property in the event of a wildfire.

Be Ready

Be Set

Know When It’s Time To Go

Get the full details on protecting yourself and your family at the City of Boulder’s website.


Posted on September 11, 2017 at 5:04 pm
Terri Cox | Posted in Natural Disasters |

Should Veterans Rent or Buy a Home?

veterans rent or buy a homeAs a veteran or active duty military member, you’ll likely face the decision of whether to rent or purchase your own home. Low interest rates have made home buying a more appealing prospect, and VA home loans help veterans achieve their home ownership dreams.

Is purchasing a home the right decision? There are a few features of VA home loans that support owning a home rather than renting.

You’ve probably already heard of VA home loans, and you may be aware of some of the benefits of these loans compared to traditional mortgages. Here are a few unique VA loan benefits that make buying a home the most logical choice for most veterans and many active duty service personnel:

  1. Relaxed Qualifying Terms. It’s easier to qualify for a VA loan than a conventional loan, making home ownership more within reach for many veterans. According to VA guidelines, your debt-to-income ratio must not exceed 41%, and the VA does not require a minimum credit score. If you’re able to prove that you can pay your mortgage, you’re likely to be approved for a VA loan even if your credit score is less than perfect.
  2. No Down Payment. Huge down payments stand between many would-be homeowners and the homes of their dreams. As a veteran or active duty military member, you can buy a home with $0 down. Considering that most landlords require a significant security deposit, buying your own home could actually require less money upfront.
  3. Opportunities to Upgrade. When you purchase a home using a VA home loan, it’s yours to improve. If you plan on making “green” upgrades, you may be able to roll the cost into your loan. Borrowers can qualify for up to $6,000 to make their homes more energy efficient.

As a home owner, the money you spend on your home is an investment. When you rent, you’re spending money monthly on something that will never be your own. For most veterans, purchasing a home is a much better use of money, and VA home loans make home ownership more obtainable.

If you’re looking to buy a home in Boulder, I can help. As a Veteran Realtor and former member of the US Navy, I understand the unique challenges and benefits of homeownership for veterans and active duty military personnel. To learn more and get started on your Boulder home search, contact me today!


Posted on July 10, 2017 at 3:45 pm
Terri Cox | Posted in Buying, Uncategorized, Veterans |

Advantage of VA Home Loans

va home loansFor veterans, active duty service members and military families, the VA Loan program is the most powerful mortgage option on the market. These government-backed loans are much more flexible than other lending options, and they have opened the door to homeownership for countless veterans – including those who may struggle to obtain financing through traditional banks and lenders.

Working with an experienced veteran Realtor is the best way to take full advantage of the many benefits of the VA Loan program. Not sure if a VA loan is right for here? Here are some of the many perks!

  1. No Down Payment. Coming up with a huge down payment is an insurmountable obstacle for many would-be homebuyers, especially service members who are always on the move. If you qualify for a VA Loan, you can finance the entire cost of a home without putting down a single penny. To put the savings into perspective, purchasing a $250,000 home using a traditional mortgage that requires 10% down would require a $25,000 dollar down payment. Need to put down 20%? You’re looking at $50,000. If you qualify for a VA Loan, that amount could be $0!
  2. No Private Mortgage Insurance Requirement. Most conventional lenders require borrowers to pay for private mortgage insurance, or PMI. Since the federal government backs VA Loans, though, there’s no need. The government assumes the risk that would normally be covered by the PMI. This can lower your monthly payments by hundreds of dollars every month.
  3. Competitive Interest Rates. VA Loans have some of the lowest interest rates in the business. Interest rates are based on the risk assumed by the bank, but since the federal government backs all VA Loans, that risk is greatly reduced, resulting in lower interest rates. Reducing your interest rate by even a single percent could save you thousands over the life of your mortgage.
  4. Relaxed Credit Requirements. Lenders have implemented stricter credit requirements over the last few years. While traditional lenders require a credit score of around 740, VA lenders are usually willing to accept applicants with scores as low as 620.

Veteran Realtor in Boulder

As a veteran Realtor in Boulder, I have several years of experience in helping veterans, active duty service members and their family members purchase the homes of their dreams. I am a United States Navy Veteran, and I’m passionate about helping my brothers and sisters on their journey to homeownership. To start your home search with a veteran realtor, please call 720-548-1738.


Posted on July 10, 2017 at 3:35 pm
Terri Cox | Posted in Uncategorized | Tagged ,

Tips for First Time Home Buyers

Whether you’re a longtime renter or you’re just thinking about getting your first place and you want to buy, the home buying process is often overwhelming for first time home buyers. The process is thrilling and terrifying at the same time, and it’s next to impossible to know what to expect. Though the learning curve can be a bit steep, there are several ways to make the process go more smoothly.

Follow these five tips for first time home buyers for an easier first time home buying experience.

  1. Check your credit. When applying for a loan, the first thing the lender will check is your credit score. Look for mistakes, collection accounts and unpaid accounts, and correct any problems you find. Also, take a look at your available credit and compare that amount to how much you’re using each month. If you’re maxing out your cards, your score could suffer – even if you’re making your payments every month. If your credit needs some work, begin the repair process at least 6 months prior to shopping for a home.
  2. Evaluate your cash flow. As a first time homebuyer, you need to have a good idea of how much money is coming in and how much is going out. Ideally, you should track your spending for a few months prior to buying a home just to determine where your money is going to get a clear picture of what you can afford.
  3. Get organized. When you apply for a mortgage, you need several documents. You’ll need to show two recent pay stubs, W-2s and tax returns for the past two years, and two months of bank statements. Save yourself some time and frustration by gathering all your paperwork before you even think about applying for a mortgage.
  4. Get pre-qualified. Getting pre-qualified simply means you have a written statement from your lender stating the mortgage terms for which you qualify. The pre-qualification process lets helps you determine exactly how much home you can afford, and it makes you more appealing to sellers. The latter is, of course, especially important in hot markets where sellers commonly receive multiple offers.
  5. Find a real estate agent. Even if you aren’t quite ready to take the plunge, building a relationship with a trusted real estate agent is a good idea. Your agent will guide you through the buying process and, eventually, help you purchase the home that’s perfect for you. If you’re looking for a Boulder real estate agent, contact Realtor Terri Cox today by calling 720-548-2158.

Posted on July 10, 2017 at 3:33 pm
Terri Cox | Posted in Real Estate | Tagged

Fort Collins and Boulder Ranked Safest American Cities

Safety is always a top concern when finding a new city to call home, especially for families with children. No one wants to live in a city or town where crime is rampant.

Recently, Niche shared their 2016 list of the Safest Cities in America, and both Boulder and Fort Collins rank in the top 25 – welcome news for anyone who is thinking about moving to the area!

According to data analyzed by Niche, a company that specializes in researching and compiling information on various cities throughout the United States, Boulder is the 23rd safest city in the nation, and Fort Collins is the 9th.

These rankings were determined based on the number of violent and property crimes per capita. Assault, murder, rape and robbery were included in the violent crimes statistic, while the property crimes statistic included larceny, burglary and vehicular theft.

Boulder and Fort Collins also have lower-than-average unemployment rates, which some speculate may contribute to the lower crime rates. The national unemployment average is 6.3 percent, while the unemployment rates in Boulder and Fort Collins are 4.6 percent and 6.3 percent, respectively.

Boulder has a median household income of $58,062, and the median household income in Fort Collins is $53,755.

Relocating to Boulder

relocating to boulderIf you’re looking for a great city for your family, Boulder is perfect. Low crime rates, a booming economy and easy access to outdoor recreation make this thriving city an attractive destination. The real estate market in Boulder is hot, but with the help of an experienced real estate agent, it’s possible to find the home of your dreams and start your new life.

If you’re ready to make the Boulder area your new home and need a licensed Boulder real estate agent, contact me today by calling 720-636-8683.


Posted on July 10, 2017 at 3:30 pm
Terri Cox | Posted in Best of Boulder, Boulder, Fort Collins, Real Estate | Tagged , , ,