Enjoy the view of Lake Loveland from this immaculate duplex at 2411 Taft Ave B in the Cherry Hills neighborhood! Fully updated with custom finishes, this home features a large kitchen with heated tile, custom shelving and breakfast bar. Spacious living room with granite fireplace and dining room with wood floors. Large bedrooms and fantastic master suite with a private deck, walk-in closet and bath featuring artisan tile. Double wall between neighboring unit and a private fenced backyard! Call for your private showing at (970) 237-2752 for more information or click the link below for more details.
While the “Bomb Cyclone” closed roads and schools over the last two days, the “Condo Cyclone” is opening new opportunities for first-time buyers.
What’s the “Condo Cyclone” you ask. It’s the proliferation of multi-family inventory that has come on the market up and down the Front Range.
Compared to last year, multi-family inventory which includes town-homes and condominiums, has increased…
• 79% in Metro Denver
• 34% in Larimer County
• 45% in Weld County
This is terrific news for the market overall, as inventory has been unusually low for several months. It’s especially terrific news for first-time buyers who need this type of product as a stepping stone to home ownership.
What we notice is a $170,000 to $130,000 difference in average price between a single-family home and a multi-family home in Front Range markets.
Specifically, here’s the spread between multi-family and single-family average price:
• $349,801 vs. $512,312 in Metro Denver
• $312,493 vs. $469,294 in Larimer County
• $237,645 vs. $370,027 in Weld County
So as we dig out from the “Bomb Cyclone” we can be happy for the “Condo Cyclone” which brings more affordability and opportunity to our markets!
Just Released (a new resource site just for you…) • Want to see the latest market trends? • Curious to see the process of buying or selling a home? • Interested in what it takes to own investment property? • Be sure to visit www.ColoradoLivingBlog.com
Purchasing a home can be a complex endeavor for even the most well prepared home buyer. You’ve diligently saved for your down payment, followed the market, researched agents and now you are ready to make an offer on your dream home. Don’t let these 5 “Deal Breakers” come between you and your new home.
Big Purchases on Credit. It is tempting to buy the furniture for your new home or a new car for the garage before the sale closes. Take care if you are making these purchases on credit. Large purchases on credit can have a major impact on your credit profile which effects your mortgage application. It’s a better plan to wait until after closing or pay cash for these transactions or you may be putting that furniture in a different living room than you originally picked them out for.
Overpaying. Before your bank will approve your mortgage they will appraise the home you are purchasing. If they feel you are overpaying they are likely to decline your mortgage application. If you find yourself in this situation consult with your agent on renegotiating your offer to be more in line with the bank’s appraised value.
Purchasing too close to Foreclosure. If you are making an offer on a house which is facing foreclosure be sure to have a closing date set before the foreclosure date. Have your agent work with the lender to structure closing before the house goes back to the bank and into foreclosure.
IRS liens. You’ve heard the old saying “Death and Taxes”. Back taxes and liens can derail your attempts to get financing for a mortgage so be sure to have your books in order before filing your loan application.
Comprehensive Loss Underwriting Exchange (CLUE). CLUE is a data base of insurance claims for both people and property. Your home insurance rates are determined by the information about you and the property you plan to purchase which is contained in this report. Past claims for water damage, falling trees and even dog bites from present and past owners can multiply your insurance rates. Consult your agent about the CLUE report for your future home as soon as possible once your home purchase offer is accepted.
When purchasing a home there will be challenges which you can plan for and the unexpected hurdles. By educating yourself as a consumer and choosing a well trained real estate agent you can avoid many of the pitfalls of 21st century home ownership.
What about you? Tell us if you have had any “deal breaker” experiences.
Your new home or outstanding investment property at 4685 Hahns Peak Dr #204 features vaulted ceilings, open ﬂoor plan and a spacious kitchen. Sprawling master suite, and a covered balcony. HOA includes club house, pool, trash, exterior maintenance and more. Close to shopping and dining. Super clean and ready to go! Quick closing possible! Call for your private showing at 970-237-2752 for more information or click the link below for more details.
This super-clean and well-kept home at 4306 Sunridge Dr features an open layout with newer ﬂooring and a super trendy kitchen! Granite counter-tops, convection oven and custom lighting. Finished basement with rec room (pool table included!) and ﬂex space for a possible ofﬁce or non-conforming fourth bedroom. Brand new exterior paint and a newer roof! Large covered deck overlooks the sprawling fully-fenced back yard with a view of Horseshoe Lake. Call for your private showing at 970-237-2752 for more information or click the link below for more details.
Fantastic 3 bedroom 2 bathroom ranch-style home at 205 W. 50th St in Loveland’s popular Ranch Acres neighborhood. Boasting a large kitchen, separate dining area and spacious living room with a wood-burning fireplace, this home has a great balance of updates and vintage charm. Your new home sets on over a quarter acre lot with a huge yard and large shade trees… not to mention two storage sheds, a sprawling wood deck and fire pit. Oversized two-car attached garage. A great home at a great value! Call for your private showing at 970-237-2752 or click the link below for more details.