Tips for Home Sellers

There are currently 260 blog entries related to this category.

 

How can I search for Green Homes or homes with Green Features in Denver? Before yesterday, it was pretty tough. But luckily, Metrolist, the largest real estate multiple listing service (MLS) serving Colorado real estate agents finally introduced a way to search for green and energy efficient attributes in Denver homes.

What does this mean for home buyers and sellers? A lot actually. It means that green attributes will finally be searchable and as a result, have a direct impact on the value of homes with these features. For years in now in California, Oregon and Washington these search attributes have been available and these states have been able to track directly how much value each green feature adds to a home. Right now in Denver we can

1,282 Views, 0 Comments.

denvercitypark_495  

Why is now a good time to buy a Denver home you might ask? Typically in February in Denver, the Real Estate market is rather slow and not a lot going on. People are waiting for spring to roll around when the “selling” season starts and then will decided to do something. But this past February was by no means your standard February in Denver and if my experience yesterday was any indication, two of my clients got outbid by tens of thousands of dollars; March certainly won’t be typical either.

If you have spoken with a Realtor in Denver lately, you know the market is hot and ready to take off. I am strongly encouraging everybody I know who is considering buying to do it now before it is too late. But if you don’t want to take my word for it, here

1,526 Views, 1 Comments.

The Lobby  

Following the lead of Four Seasons Private Residences, the condos above the Ritz-Carlton Hotel Denver, known as Residences XXV, have slashed prices by 60% for the next 7 units that sell. Do you think it will be enough to get these sold?

It certainly has worked for the Four Seasons. Since they slashed prices by 45%, they have sold almost 30 units and all the one bedrooms are gone. I think slashing prices will help, but these units which I toured last year still have some challenges ahead of them. First, the one bedrooms at this new price start at $430,000 which is definitely on the high end for one bedrooms Downtown. And second, these units don’t have balconies which when you are paying this much money, you would hope to have at least some outdoor

2,316 Views, 0 Comments.

house numbers  

There are so many options for updating the numbers on your home's exterior...they cost next to nothing, they are easy to install/stencil/decal on...do your house a favor and replace your numbers!   

 

house numbers

 

  house numbers  

 

house numbers  

 

house numbers  

 

house numbers  

 

painted house numbers  

 

house numbers  

 

house numbers  

 

red door  

 

house numbers   

 

Put them in a non-traditional spot, and you are on your way to some fresh curb appeal!

 Thinking of doing some exterior work but not sure you will see a Return on your Investment when you Sell?  

Let's talk it out!  Give me a call at 720-299-6635 or email me at stacie@liveurbandenver.com

 

**All of the lovely photos on this post are via Pinterest.  Please check out my House Numbers board for original sources and more ideas!      

2,378 Views, 0 Comments.

Can you believe it has already been three years since so many buyers were out trying to find a home to take advantage of the First Time Buyer Tax Credit? I couldn’t either until I started getting calls from past buyers trying to remember the exact rule on how long they have to own their home before they can sell and not have to repay a portion of the $8,000 they got as a tax credit.

According to the IRS.gov website, if you received the $8,000 first time buyer tax credit, you must occupy your home for three years in order to not have to pay back the credit. If you do sell before those three years are up, you must then repay a portion of the credit you received. And of course there are other loopholes and exceptions so before making any decision it

1,607 Views, 3 Comments.

What is Mortgage Insurance? Mortgage insurance, or commonly referred to as MI, is a lender’s protection against foreclosure by a buyer. It typically comes into play when a buyer puts less than 20% down on a home and it is important to factor in when purchasing a home since it can have significant impact on monthly payments. Below are three types of mortgage insurance you typically see. It is best to speak with a mortgage professional to determine which type makes the most sense for you and see if there are even ways to avoid it in general. Yet another good reason to get prequalified before starting to look at homes.

The three types of mortgage insurance.

1)      Conventional “MI” – This form of MI can be paid monthly or all upfront.  It typically

2,696 Views, 3 Comments.

 

 

It was announced this week that a major settlement was agreed upon with the nation’s five largest loan servicers including Wells Fargo, Bank of America, Citi, JP Morgan Chase and Ally/GMAC. The settlement will provide as much as $25 billion to help distressed homeowners and participating states and governments. The agreement settles state and federal investigations finding that the country’s five largest loan servicers routinely signed foreclosure related documents outside the presence of a notary public and without really knowing whether the facts they contained were correct.  Both of these practices violate the law. 

The money from the settlement will now be used to aid homeowners needing loan modifications, provide aid to borrowers who are

1,648 Views, 1 Comments.

394_320Since the new year just started, and the snow finally begins to fall, I start reflecting on 2011 and beginning a new year. It's natural for all of us to look back, and try to use what we learn to help us move forward.  Of course, because of my profession, I tend to focus on the housing market.



All of us in the Real Estate business, and all of you who own a home or want to own one, have been through another year of uncertainty. Should I buy? Should I sell?  How much will my house be worth this time next year? What's best for my family?

We've had our fair share of ups and downs in the last year. We've dealt with changing rules about appraisals, and ever-shifting bank lending standards. Even more changes are headed our way. New banking rules are now being

1,570 Views, 0 Comments.

 

There sure is a lot of work going on around Union Station in Downtown Denver, what is the plan for it? If you have driven by the area recently, you certainly must have seen some gigantic piles of dirt, lots of cranes in action and construction vehicles buzzing around everywhere. Big changes are in store and when it is done, Downtown Denver will forever be changed for the better.

The historic Union Station building will remain and the city is looking for input from all of us as to what they would like to see in the future. It looks like it will eventually contain a boutique hotel, restaurants and shopping.

The area to the west of Union Station that has been rail yards for so long is what gets me excited. The Commuter Rail Train Hall will be just

1,622 Views, 1 Comments.

I have been waiting for this day to come for awhile and it is finally here. I can confidently say that it is time to start thinking about Denver Real Estate in a different way. Gone are the days of getting a steal and buying a home for 20% under asking price. Now it is time to shift our focus to simply getting into the market and hoping to take advantage of potential appreciation gains that appear to be heading our way.

Since I started practicing Real Estate in 2004, it has always been the same theme when working with buyers. The goal was to literally steal a property. Get it significantly below the listing price and typically below market value. The reasoning behind this was simple, you could and it was smart. With prices staying flat, the only way to

1,230 Views, 1 Comments.