Why is it so darned hard to get a loan approved these days? Special to The Business Times from Cherry Creek Mortgage Those of us in the loan business hear this question every day. The truth is that it is harder to get a mortgage loan approved today than it was a few years ago. […]
Clouds aren’t the only things that roll in with severe summer weather. Contractors who attempt to cash in during the aftermath of a storm by promising low prices for home repairs and delivering substandard or incomplete work may also arrive on the scene. Help protect yourself, your money and your home from repair rip-offs by […]
It’s difficult to find bright spots in the current economic environment, as many of the macro indicators continue to meander below mediocre levels, and none have shown any persistent trend toward either recovery or further economic doom. To further complicate the scenario, this is an election year, which traditionally means both the government and the […]
When considering the strength of the local commercial real estate market, one must first consider the prevailing strength in local job growth. While we aren’t creating new jobs on a daily basis, we seem to be losing far fewer jobs than in the past four years. Energy jobs have declined, partially because of low commodity […]
New HUD Regulation Helps Seniors Refinance a Reverse Mortgage Special to the Business Times from Universal Lending Two years ago, Atlanta homeowner Dorothy Williams got a reverse mortgage, which she used to pay off doctors’ bills for treatment of a back injury. “The reverse mortgage really helped me out.” says Williams, 78. “I was very […]
Juniper Family Medicine is a local, family medical practice located in Historic Downtown Grand Junction. The medical group was able to construct their building in 2011 using the SBA 504 Loan Program. Working with CEDCO representative Pat Berry, the group was able to secure an SBA 504 loan that incorporated a low down payment and […]
Phil Castle, The Business Times: Given increasing real estate activity in Mesa County, Annette Miller expects the market to hold steady in the midst of what’s typically an unsteady election year. If local economic conditions improve, so could the market. Still, foreclosure activity could affect prices, said Miller, senior vice president of Heritage Title Co. […]
Phil Castle, The Business Times: The monthly unemployment rate in Mesa County has decreased even as payrolls and labor demand continue to increase. Monthly jobless rates still could vary. But as long-term trends persist, the outlook for recovery improves, said Suzie Miller, business services manager at the Mesa County Workforce Center in Grand Junction. “It will […]
A global building products manufacturer has purchased an insulation company whose operations include a factory in Fruita. Johns Manville has acquired Industrial Insulation Group and will operate ILG has a standalone company. No significant changes are planned for ILG operations, however, including the Fruita facility that employs about 100 people. ILG was formed in 2002 […]
Edward Jones, Hospice & Palliative Care of Western Colorado and JG Management Systems rank among the best companies for which to work in Colorado. Edward Jones, a financial services firm that operates offices in the Grand Valley, ranked first among large companies with 250 or more employees in the lateEdward Jones, Hospice & Palliative Care […]