Author Archives: Pete Doty

About Pete Doty

As a Realtor® Pete has been working in the Denver residential market since he first started in 1985, and focusing primarily in the south end of town. He finds the client the home they want, and then help them sell it when they want to move. Marketing is really where his heart is, and making sure his clients’ interests are watched over in Littleton, Highlands Ranch, Parker, Castle Rock, Centennial, Englewood, Morrison or Denver. His web site www.DenverRelocation.com ranks high in search rankings and generates numerous relocating buyers each year. Talk to Pete for a unique perspective on today's real estate market in Denver.

Property Inheritance

Stepped-up basis is an incredible benefit to people who inherit property. Not only do they receive the property itself, the basis or cost value of the property becomes the fair market value at the time of the decedent’s death. This … Continue reading

Posted in Denver Real Estate | Comments Off on Property Inheritance

Less to Own than to Rent

The question is “financially speaking, are you better off owning than renting in the long term?” Renting a home has advantages. It is usually a short-term commitment from year to year and the landlord is responsible for the repairs. Owning … Continue reading

Posted in Denver Real Estate | Comments Off on Less to Own than to Rent

Are You Covered?

A home warranty is a service contract that protects your home’s appliances and some systems from repairs or possible replacements. A convenient benefit of a home warranty is that when you report an item, they will assign a service provider … Continue reading

Posted in Denver Real Estate | Comments Off on Are You Covered?

Thoughts on Credit and Getting a Mortgage

Credit plays a huge role in getting a mortgage because it is a variable that helps the lender determine the likelihood that the loan will be repaid on a timely basis. Credit bureaus evaluate people’s credit worthiness using a FICO … Continue reading

Posted in Denver Real Estate | Comments Off on Thoughts on Credit and Getting a Mortgage

First Love, Second Wife or Third REALTOR

There is a story of a real estate agent’s prayer: “Dear Lord, if I can’t be someone’s first love, or second wife, at least, please let me be their third REALTOR®.” In a normal market with a balanced supply of … Continue reading

Posted in Denver Real Estate | Comments Off on First Love, Second Wife or Third REALTOR

Simple Rates of Return

Looking for a simple way to determine if a rental property will give you the rate of return you want? This modified annual property operating data may be just what you’ve been looking for. There are many different rates of … Continue reading

Posted in Denver Real Estate | Comments Off on Simple Rates of Return

Is a Home Inventory Necessary?

Most homeowners have insurance on their home that additionally, gives them coverage on their personal property. That is the first level of peace of mind to know that it is available to you if there is an unfortunate need for … Continue reading

Posted in Denver Real Estate | Comments Off on Is a Home Inventory Necessary?

Deciding on Whether to Move

Some homeowners feel like they may as well throw a dart against the wall to decide whether to move or not. Other people might invoke a process attributed to Benjamin Franklin. Supposedly, to evaluate the options and bring clarity to … Continue reading

Posted in Denver Real Estate | Comments Off on Deciding on Whether to Move

It’s Not too Late to Refinance

With mortgage rates below 4% since May 2019, you would think that most people would have already refinanced but according to a recent Lending Tree survey, 49% of homeowners say they are considering a mortgage refinance in the next year. … Continue reading

Posted in Denver Real Estate | Comments Off on It’s Not too Late to Refinance

Writing a Successful Offer in a Low Inventory Market

With at least 40% less homes on the market currently than there were a year ago, serious buyers have probably experienced the disappointment of losing a home they wanted to buy from increased competition. Today’s buyers are looking for ways … Continue reading

Posted in Denver Real Estate | Comments Off on Writing a Successful Offer in a Low Inventory Market