Buying a Colorado Property.

Found 178 blog entries about Buying a Colorado Property..



After piling in when the market was hot, investors are facing losses from homes that take too long to sell.

Sean Pan wanted to be rich, and his day job as an aeronautical engineer wasn’t cutting it. So at 27 he started a side gig flipping houses in the booming San Francisco Bay Area. He was hooked after making $300,000 on his first deal. That was two years ago. Now home sales are plunging. One property in Sunnyvale, near Apple Inc.’s headquarters, left Pan and his partners with a $400,000 loss. “I ate it so hard,” he says.

A new crop of flippers, inspired by HGTV reality shows, real estate meetup groups, and get-rich gurus, piled into the market in recent years as rapid price gains helped the last property crash fade from memory. Many newbie

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Where is housing headed in the Denver Metro Area?

Although of course she doesn't claim to have a magic crystal ball, Megan Aller of First American Title and A Girl and Her Graphs dug deep into the data this month to make some predictions:

Based on previous years in this cycle (2013-2018) the values in these Housing Heat Maps represent the best times to be in the market in 2019. 

(Yellow represents a Seller's Opportunity, and Blue represents a Buyer's Opportunity.)

The market is likely to favor those sellers who are ready to take advantage of early buyer activity. 

Sellers late to the market in the summer months are more likely to spend longer on the market, make price reductions and sell at lower prices than spring sellers.

Buyers are most

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A growing number of Americans who lost their homes to foreclosure or a short sale during the housing crisis are re-emerging in the housing market and buying a home again, USA Today reports. 

“Boomerang buyers,” as they’re nicknamed, are coming back, and some economists contend they are a critical component to driving a big uptick in the housing market over the next few years.

“I think the next phase of the housing recovery will be partly driven by people in the primary age group” of 35 to 64 who have been hesitant to buy again after losing their home during the housing crisis, Kwame Donaldson, an economist with Moody’s Analytics, told USA Today.

Lately, first-time home buyers and millennials have been driving the bulk of sales. First-time home

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Metro Denver’s apartment market got off to a strong start this year, as tenants absorbed all the units that hit the market and then some, pushing up rents and driving down vacancies.

According to the Denver Post, Developers delivered a robust 3,959 new units in the first quarter and tenants absorbed an “impressive” 5,552 net units, according to the Denver Metro Apartment Vacancy and Rent from the University of Denver and the Apartment Association of Metro Denver.

That strong demand pushed the vacancy rate down to 5.4 percent from 5.8 percent in the fourth quarter. It also pushed the average rent up to $1,480.74 a month, which is $24.65 higher than the average in the fourth quarter and $60.44 higher a month than the average rent a year ago.

“I am

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WAIT, It's a Quick Claim Deed right?

It would seem like finding a real estate vocabulary word that starts with “Q” would be a bit difficult.  Good news!  It was the easiest one so far as there is only one that is important enough to cover. Have you ever been the grantor or the grantee in a quitclaim deed?  Funny thing, most people call it a quick claim deed. Its quit, not quick.  I assume its confused often because it is a quick way to change a title document, or maybe its because people don’t enunciate it well enough.  Either way, lets dive in.

Its called a quitclaim deed because the owner/grantor terminates (“quits”) any right and claim to the property, as a result the right or claim to transfer to the recipient/grantee.

Due to the lack of

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Nearly 60 percent of all spring home shoppers are considering a home that needs renovating.

As rising home prices and limited entry-level inventory continue to be a hurdle, according to realtor.com®’s spring home buyer survey,  just over half of home buyers considering a home that needs some TLC are willing to spend more than $20,000 on the renovation, while the vast majority – 95 percent of them – are optimistic they will get a positive return on their renovation investment.

Realtor.com® conducted the online survey through Toluna Research in March, consisting of 1,015 respondents planning to purchase a home in the next 12 months.

“The combination of rising home prices and limited entry-level homes for sale is prompting many home shoppers to

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IF YOU'RE IN THE PROCESS OF BUYING A HOME, YOU MAY HAVE HEARD THE TERM "CONTINGENCY" BEING KNOCKED AROUND. WHEN MAKING AN OFFER ON A HOME, YOU CAN SPECIFY CONDITIONS THAT MUST BE MET IN ORDER FOR THE DEAL TO GO THROUGH, AND THESE ARE CALLED CONTINGENCIES. IF THESE CONDITIONS AREN'T MET, THEN THE DEAL IS VOIDED.

You should discuss different contingency options with your real estate agent, but in general, the most common are:

FINANCING CONTINGENCIES. 

This typically means your mortgage needs to go through final approval, and grants you time to complete an application and receive a loan to purchase the home.

APPRAISAL CONTINGENCIES.

Similar to the financing contingency, this means that the final appraised value of the home is close to the

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If you're in the market for a new home and you have the ability to buy with cash, the odds for finding your dream home may be in your favor.

But before you head to the bank, consider both the pros and the cons of skipping the mortgage.

YOU ENTICE THE SELLER.  

 Sellers love cash buyers, and will favor them in comparison to an offer with a loan attached. This means that buying with cash gives you leverage in the negotiation process.

YOU CAN SKIP THE INTEREST. 

 While a home purchase is already an investment, buying one flat out is an even larger one. This is because you save on mortgage interest that is usually paid over the life of the home loan – interest that could amount to anywhere between several thousand dollars to hundreds of

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Open House Schedule for March 29-31

Make sure to check this page for additions + updates throughout the weekend! Please contact listing agent for more information or a private showing.

2261 Blake Street Unit #2G, Denver, CO 80205 Listed by Sue Perrault + Mark Pledger

Fri Mar 29, 4:00PM-6:00PM

Sat Mar 30, 12:00PM-3:00PM

6182 Holland Street, Arvada, CO 80004 Listed by Kendra Lanterman

Sat Mar 30, 12:00PM-2:00PM

Sun Mar 31, 12:00PM-4:00PM

1256 N Calhan Avenue, Castle Rock, CO 80104 Listed by Megan Douglas

Sat Mar 30, 10:00AM-12:00PM

2 Adams Street Unit #903, Denver, CO 80206 Listed by Michelle Szoke + Ryleigh Gorman

Sat Mar 30, 12:00PM-2:00PM

19790 W 57th Lane, Golden, CO 80403 Listed by Cyndi Adams

Sat Mar 30, 1:00PM-3:00PM


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Big equity gains may explain why people aren’t staying around as long

Out of the 50 largest metros in the country, metro Denver residents stayed in their homes the fifth shortest amount of time on average, according to a new study from LendingTree, an online mortgage brokerage.

Metro Denver homeowners sit on their abodes an average of 6.63 years, according to the study, which is based on the latest American Community Survey put out by the U.S. Census Bureau. That average includes all the stalwarts who have stayed put 50 or 60 years. So the households that do move around are probably spending less time than that average in one place.

Only owners in Las Vegas at 6.36 years; Phoenix at 6.43 years; Austin, Texas at 6.49 years; and Orlando at 6.59

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