Douglas County keeps all of the information about your home and mine public on their website. The website is actually pretty advanced as far as county websites go. Just compare it to Adams County and you will get an idea of what I mean. The Douglas County Assessor website is where I spend much of my investigative time when looking for real estate information that Metrolist does not offer. ( Metrolist is the Denver MLS service where realtor’s Read the rest of this entry »
Bank of America Short Sales in Denver Getting Easier???
Ask any agent who has had to deal with Bank of America on a short sale during the past few years and they will have war stories of hours, weeks and months spent in vain trying to get a short sale approved. There is nothing worse than investing hours, advertising dollars and more for months on end only to never make a dime when it goes to foreclosure. I can tell you that I would tell my home buyers to avoid them if I found out they were the lien holder. I am assuming that most of America now knows that a short sale is an attempted sale of a property where the loan is greater than the value of the house. The seller wants to / has to sell and the bank needs to take less than what is owed on the loan. This last week Bank of America took me by surprise and they seem to have finally gotten their act together.
Bank of America now using the equator.com platform for Short Sales
equator.com is a website where banks process thousands of foreclosed properties Read the rest of this entry »
Parker New Homes vs Foreclosure Properties
So I get to meet a new client that is in a relocation from California today and set up to see about seven properties to get a feel for areas and price ranges. He works in Inverness near DTC so we decided to stay within a 10 minute drive to the office. He wants to stay under the 300K range and isn’t looking for anything too big so I chose a few neighborhoods that would work. We had never met before so we started at a neighborhood closest to his office.
Walnut Hills and Willow Creek in Cherry Creek School District
Our first stop was in Walnut Hills where the homes were built in the 1960′s and 70′s and range from 170K to 280K. There are many bi-level, ranch and tri-level homes in this area. The lot sizes are pretty big Read the rest of this entry »
Great news for Real Estate in Highlands Ranch and Lone Tree so far this year. In 2009 there were 110 closed sales from January to February. So far in January and February we have had 167 closed sales in the same time frame according to information in Metrolist. ( A Multiple Listing Service – MLS in the Denver Metro Area ) There are several factors that have contributed to the rapid increase in closed sales. The historically low interest rates combined with government incentives for first time home buyers and move up buyers has helped people get off the fence and into a home. We have also had a relatively mild winter as far as snow goes which makes it easy for us to get out and look at homes.
The Average Sale Price Increased 8.9% over February 2009
Not only were there more sales in the area, but the average sale price also had an upward trend. In 2010 the average sale price was $334,635 compared to $307,185 in February of 2009. One month does not make up a whole year Read the rest of this entry »
First of all, why would a marijuana grower in a residential neighborhood with tons of covenants go on television and brag about making 400K a year growing pot in his basement? Was he high? Really? Now that I have that off my chest, how will this effect real estate values? The media hype and flash will subside and I doubt there will be any lasting effect on home values except for the homes really close to the property. The house will be labeled ” The Pot House” and it will stigmatize the house and possibly those next door to it. Some people aren’t going to care but believe me there are some who will. If I were the neighbor, I’d be pretty upset at Bartkowicz.
NIMBY is a term that most of us are familiar with. ( Not In My Back Yard )
Highlands Ranch Community Association sent me the following email
Reported Marijuana Growing Operation in Highlands Ranch
9News is reporting that there is a medical marijuana growing operation in Highlands Ranch. Read the rest of this entry »