About the Telluride and Mountain Village Real Estate Market Here is information about our local market Real Estate market! Let me know if you have any questions about any of the information provided for you here.
Market Updates & Sold Statistics from the Telluride Association of Realtors -
2009 Market Updates
2008 Market Updates
2007 Market Updates
Which neighborhoods offer the best values? It's my job to help! Ask me any question, or request my FREE relocation package of information on Telluride and Mountain Village. There's no obligation, and I promise to respond quickly... 
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Financing Your Home >Mortgage Fears
It is not unusual for home buyers to feel that the lender is being very critical during the loan approval process. The buyer is required to provide all kinds of financial information, and then the lender asks for more. If this is your experience, and the process seems discouraging, remember that none of this is personal!
Some lenders have more stringent requirements than others, but every lender requires a substantial amount of documentation on a mortgage loan. They must verify employment, credit history, and recent financial transactions involving your liquid assets. If your Visa payment was late, they may ask for a letter explaining why. If you are self-employed, they will ask for tax returns from at least three years and probably a year-to-date profit and loss statement.
Government regulations require mortgage companies to document everything. And while the loan officer may know that you are a reliable risk, the underwriters must be able to defend the loan to a federal bank examiner or auditor.
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Who is "Freddie Mac", and why is he a big name in real estate?
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"Freddie Mac" is the nickname for FHLMC, the Federal Home Loan Mortgage Corporation, which buys mortgages from lending agencies, thus allowing lenders to continually replenish funds for new mortgage loans. |
 See More Real Estate Trivia > |
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Betty Cutler Favier
Peaks Real Estate Sothebys International
136 Country Club Drive
Telluride, CO 81435
Phone 1: 800-737-9621
Fax: 970.692.8427
bcf@TellurideRealEstateOnline.com
Betty has 24 years of experience helping people buy and sell their homes. Listening to her clients, ongoing education in industry standards and trends, and a high level of confidentiality and professionalism have built a real estate business of long term relationships and referrals.  
 Sotheby’s
International Realty© is a registered trademark licensed to Sotheby’s
International Realty Affiliates, Inc. Each Office Is Independently Owned And
Operated.
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