July 2010

There are 20 blog entries for July 2010.

The last two weeks have been busy, as we get ready for the demolition of the existing kitchen. All of a sudden, the project is upon us! Yikes.

We've been working on the plans for our new kitchen since January. At our initial meeting with architect Rob Fisher, we started creating a vision for the new space. The current kitchen sits in the back corner of our house, away from the living and dining 'social' spaces. It's disconnected from the rest of the house, and as a result, the kitchen is a dead-end. So one of our primary objectives with the new space is to open it up to the rest of the house, and create that 'connection' that's missing. It means a wall has gotta go!

However, taking down a wall in a 1920's bungalow is no small matter. Enter stage right:

10,061 Views, 2 Comments.

Do these really low interest rates I keep hearing about really save that much money on a home loan?  I have gotten this question a bunch lately, people wondering if all they are hearing lately about interest rates is really worth paying attention to or just another media story blown out of proportion.  The answer is absolutely and completely yes.  These low interest rates can save a ton of money!!!!!

Take as example a purchase price of $255,000 with 3.5% down payment, a very common loan these days.  With an average interest rate of 6%, that by historical standards is still considered low, monthly payments including tax, insurance and mortgage insurance would be $1,780.17.

 If you then look at an interest rate of 4.5% which is standard right now, even on

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tree_383The Park People’s second annual Denver Digs Trees Shade Tree Distribution is coming up this fall! Residents of the City and County of Denver can apply for free and low cost shade trees to plant in yards (private property). These trees will grow to shade our homes and offices, helping to conserve energy used for summer cooling, which saves us money and reduces our carbon footprint.

 Distribution day will be Oct 2. Sept 1 is the tree application deadline.

Tree Applications are available NOW! This year, folks can apply for trees online for a tree-saving, paperless process! Please pass along this link to friends, family, neighbors who might like to apply for trees: http://www.theparkpeople.org/Programs/DenverDigsTrees.aspx

8,955 Views, 1 Comments.

If you are looking for a new place in Denver, and your price range is hovering anywhere in the Under $200,000 range, chances are you are coming across many Short Sales. Don’t run away screaming, or refuse to look at them…because with a little patience you could get a great deal. Plus, if you eliminate Short Sales from your search completely, you might find that you have very little inventory to shop from!

There are, however, some things you should know before you get started…

1. Short Sales take a long time to negotiate. In reality, the “short” in short sale has nothing to do with timing. Short sales usually take many multiples of time longer than traditional real estate deals – running anywhere from 2 to 10 months – or even longer – from contract to

3,580 Views, 0 Comments.

 

 

What do I need to look for when I do my final walk through on my new house next week?  The week leading up to closing is always a fun and hectic time.  You are trying to get the house packed and the movers lined up, all while hoping there aren't any glitches with your loan or closing.  When it comes time to doing the walk through, most people are so tired and ready to close already, they don't necessarily take the time to do it right. 

A walk through is a very important part of the closing process and should be taken seriously.  We all would like to believe that the seller is honest and will leave everything as they said they would, but this is not always the case.  It is a lot easier to get items fixed or replaced before closing than it is after

6,839 Views, 1 Comments.

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The question was finally asked by the mother of the three year old sitting in the very first seat… “Don’t you ever get tired of just going in circles all day long?” “No, I never do,”  replied Doug Schmidt, Engineer/Conductor and tour guide on the miniature railroad in Englewood’s Belleview Park,   “It may be my 33th time around the park today, but for a lot of these little faces, its there first ever on a train.”                                                                                                                                  For Doug, such moments are repeated daily but never taken for granted. Regardless of the era, small faces and trains are a natural combination.   Smiles reflect the true sense of adventure and wonder, as the train…
8,088 Views, 1 Comments.

What to do in Denver this weekend?  The 10th Annual Dragon Boat Festival!  This weekend, July 24th and 25th, head out to Sloan's Lake to watch 48 teams compete for the coveted Dragon Cup. Not only will you see some fun boat racing, in some crazy boats I might add, but also enjoy the Asian Marketplace, the Taste of Asia Food Court and the Performing Arts Stage.  And bring the kiddos along for the ever popular Dragonland.  For more information, visit the website here.  Hope to see you there.

2,665 Views, 0 Comments.

 

What is my house zoned now that the new Denver zoning code has been approved?  Before, it was pretty easy to understand what each house was zoned and what that meant.  But with the new code, and hundreds of different codes to choose from, things can be a little more challenging.  Luckily, the city has provided an excellent website, click here, to help get you through the transition and figure out what your home is now zoned and what that actually means.  The amount of information it provides can be a little overwhelming so make sure to check back on this blog for easy to understand descriptions of the most common codes and uses.

6,765 Views, 0 Comments.

Listing price – Cheeseman Park

The median sales price for homes in Cheeseman Park, Denver for Apr 10 to Jun 10 was $185,500 based on 38 sales. Compared to the same period one year ago, the median sales price decreased 3.6%, or $7,000, and the number of sales increased 15.2%. Average price per square foot for Cheeseman Park was $206, an increase of 6.7% compared to the same period last year.

There are currently 89 resale and new homes in Denver on Trulia, including 2 open houses, as well as 28 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Cheeseman Park was $472,411 for the week ending Jul 14, which represents a decrease of 2%, or $9,807, compared to the prior week. For more information on

2,886 Views, 1 Comments.

Virginia Village Market Report - Denver Colorado Real Estate

Listing price – Virginia Village

The median sales price for homes in Virginia Village, Denver for Apr 10 to Jun 10 was $230,000 based on 63 sales. Compared to the same period one year ago, the median sales price increased 24.3%, or $45,000, and the number of sales increased 0%. Average price per square foot for Virginia Village was $183, an increase of 17.3% compared to the same period last year.

There are currently 105 resale and new homes in Denver on Trulia, including 57 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Virginia Village was $264,771 for the week ending Jul 14, which represents an increase of 0.5%, or $1,335, compared

2,182 Views, 0 Comments.