The Second Half of 2018
Here’s a look at how various metropolitan areas preformed in the second half of 2018. How has your investment been doing? Let us know, if you’d like a personalized report for your home.
Denver Real Estate: The Monthly Breakdown
The Government Shutdown Impact on Real Estate
How can the government shutdown affect your real estate transaction?
Well, it affects most loans and here is how:
Any lender will pull your IRS transcript as well as your social security number. Tax return verifications are still being processed by the federal government during the shutdown, but there is now a large backlog which has delayed the underwriting process. This means you may extend contract deadlines to ensure the loan is 100% ready to close! For government backed loans, such as FHA and VA loans, they are still being processed, but will also likely face delays while the shutdown continues. Reach out to your lender if you are under contract to confirm your timing is still on track!