Living in Colorado

Kick Out Clause, has a nice ring to it, doesn't it?

Not really, although while its general verbiage seems threatening, this particular real estate clause can allow a seller a bit of flexibility when accepting a contingent offer.  What about the buyer? Is it good for them?   That all depends on the terms, current market, home demand, pricing and overall timing and good luck.

As we have discussed in previous topics most people need to sell their current residence in order to qualify to purchase a new home.  If a buyer puts an offer in on a home they wish to purchase but their home is not yet sold, this is called a contingent offer.  When the box is checked indicating a contingent offer it lets the seller know that there is additional risk and time

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Join us for another fun filled First Friday Art Opening at West + Main. Mr. Melty is unveiled a surreal universe that you don't want to miss.

As always, we'll have delicious treats + beverages to share. See you there!

Artist: Mr. Melty

Show: Meltyverse

Date: March 1st

Mr. Melty (née Kevin Vigil) reigns from the colorful and historical "Land of Enchantment", otherwise known as New Mexico. His works often consist of mountainous and desert landscapes layered with his unique kaleidoscopic-like vision. Surrealist portraits and the human form also come to light regularly throughout his collection of works. A firm believer that all energy is transferable, Mr.Melty is inspired by the beauty and powerful grace of our natural surroundings…
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While opponents of homeownership claim it's "the American nightmare," self-made millionaire David Bach is doubling down on his faith in real estate.

He thinks that not prioritizing homeownership is "the single biggest mistake millennials are making."

Buying a home is "an escalator to wealth," he tells CNBC.

Young adults in particular aren't hopping on this escalator, and it's a costly mistake, Bach warns: "If millennials don't buy a home, their chances of actually having any wealth in this country are little to none. The average homeowner to this day is 38 times wealthier than a renter."

The self-made millionaire is quick to say that the smartest investments he's ever made have been the three homes he's purchased. He tells CNBC: "I

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If you want to hike the hugely popular Hanging Lake Trail in Glenwood Canyon this summer, you might want to put this date on your calendar right now: April 1.

That’s when a new reservation system will go into effect as the U.S. Forest Service, in partnership with the city of Glenwood Springs, seeks to manage impact on the fragile Hanging Lake ecosystem. The peak season cost will be $12 and will include shuttle service from Glenwood Springs. The Hanging Lake parking lot will be closed to personal vehicles during peak season (May 1-Oct. 31). Cyclists who ride to the Hanging Lake trailhead still must register.

Shuttles will run from the Hanging Lake Welcome Center, which will open May 1 in Glenwood Springs with free parking. In off-peak season

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What do Homebuyers Want?

Laundry rooms and Energy Star–compliant windows topped the list of what buyers considered the most “essential” or “desirable” features in a home, according to the National Association of Home Builders’ 2019 “What Home Buyers Really Want” report, released at the NAHB International Builders’ Show in Las Vegas this week.

Most of the features that new homeowners or aspiring buyers ranked highest related to helping them save in utility costs, add extra storage, and spruce up the outside, said Rose Quint, the NAHB’s assistant vice president of survey research.

The NAHB surveyed nearly 4,000 consumers who either purchased a home within the last three years or plan to buy a home in the next three years to identify their top

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Mid-Century Modern Dream Home, updated with every high-end modern update.

This home is absolutely gorgeous... inside and out. Perfect floor plan from the hardwood floors to the vaulted ceilings. Sleek new kitchen. Bright and inviting new windows. Sexy mid-century fireplace. Beautiful built-in shelves and cabinets. Steam shower. Radiant bath floor. New glass doors open to perfect dreamy outdoor living with covered patio and gas fire pit. The yard is professionally landscaped. Absolutely a dream home.

Listed by Cyndi Adams for West + Main Homes. Please contact Cyndi for current pricing + availability. 

 

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Staying Snuggly Warm at Home - Without Touching the Thermostat!

Like many of us, you may be counting down the days until spring. With winter weather comes increased heating bills and depleted bank accounts. Read on for the scoop on keeping your home warm, without touching your thermostat.

Check seals. If your home feels drafty, one of the first things you should do is check the seals around your windows and doors and reseal if needed. If everything is sealed properly and you still feel like you're getting a draft, cover windows with plastic, and even doors you don't use often, like a patio or side door.

Open the curtains. During sunny afternoons, draw the curtains to let sunshine flow inside and warm your space naturally. In the evenings, close them

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Have you heard of a Jumbo loan before?  Most people have, but few know what it actually means and how it can affect the purchase of their home. 

With the Denver market having an average homes sales price of $500,683.00 in January 2019 (and almost all of 2018 staying in the $500k zone) jumbo home loans have not only been on the rise, they seem like the normal things to do.  But is it?

Fannie Mae (FNMA) and Freddie Mac (FHLMC) are the large agencies that purchase the bulk of U.S. residential mortgages from banks and other lenders.  However, they are also the same agencies that set the conforming loan limits.  What does this mean?  It means that they are setting the maximum value that they will purchase from a lender.  When the loan amount is

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Amenities that Speak to Pet Owners Help Homes Stand Out

You don’t have to own a Westminster-worthy show dog to appreciate amenities that canines and their owners love. In fact, attributes such as pet doors, feeding stations and ample yard space can help a house stand out from others on the market.

It’s no surprise that millennials are changing the real estate world and impacting residential trends like never before. What may come as a surprise is that the number one home buying demand is pet friendliness. According to the American Pet Products Association, 73 percent of millennials currently own a pet and 33 percent of a millennial homebuyers’ decision to buy a home is driven chiefly by man’s best friend.

With so many people welcoming pets

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Like new patio home in Arvada just minutes to the future light rail line, Olde Town Arvada with easy access to I-70 for a quick commute to downtown and the mountains.

You are going to love this low maintenance home with an amazing floor plan. Picture yourself cooking dinner in the large kitchen overlooking the dining and living room with amazing mountain views as your backdrop. At the end of the day, retire to the large master suite with five piece bath and huge walk-in closet. Three more bedrooms and a fully finished basement offer plenty of space for everyone. You'll never need to mow again since all yard care is covered by the HOA. And the location can't be beat. Just blocks to the Ralston Valley Trail, minutes to everything Olde Town Arvada has

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