Monday, March 15, 2021

3rd Annual Broomfield Heights 1st Filing Garage Sale


This year's neighborhood garage sale is scheduled for June 12, 2021, 8am-3pm. Each participant in the neighborhood will conduct a sale at their house; no central location. It's getting bigger every year! If you live in the First Filing neighborhood and would like to participate, please let me know and I'll add you to the map. My company will take care of the advertising and signage. And I'll bring around some donuts that morning!

If you don't live in Broomfield Heights, please come out and do a little shopping!



I would love to help you with your real estate journey. 
Please contact me at 303-917-7143 or robbin@elevatedrealestate.com




Wednesday, March 10, 2021

What to Know About Your Credit Before Buying a Home

Like it or not, your credit score is one of the most important numbers in your life, ranking up there with your Social Security number, date of birth, and wedding anniversary. This three-digit number is your financial report card, except there’s no getting rid of it after college.

Your credit score shows lenders just how trustworthy you are when it comes to managing your finances, and it can either save or cost you thousands of dollars throughout your life. 

If you’re in the dark about just how significantly this number can impact you and the details behind your personal score, here’s an overview of what you need to know before hitting the mortgage application process.


I would love to help you with your real estate journey. 
Please contact me at 303-917-7143 or robbin@elevatedrealestate.com



Monday, March 1, 2021

Should You Buy New Construction?

In this competitive resale market, it's not a bad idea to consider new construction for your next home. Buying new means not having to rush to a decision after a 15-minute showing and trying to outbid ten other people. But before you write that check to the builder, consider a few things.

  • Is your timeline very important? Some builders have inventory that is ready or nearly ready to sell. Others won't pull permits until they have a buyer under contract. A dirt start can take 7-9 months to complete, and most new construction contracts will give the builder up to 2-3 years to actually deliver the home.
  • The prices advertised online are the base prices for the home, which buyers almost never pay. For most home builders, there are quite a few "extras" like central air conditioning that are not included in the base price. Certain lots in the development will have an additional premium for size, views or the proximity to open space. On top of that, buyers can sometimes spend up to 20% of the price in upgrades at the design center.
  • Moving into a new house means everything is clean and shiny, with no one else's grunge to sit in. It also can mean some risk. Unlike older homes where issues like settling have already occurred, a new home is a bit of an unknown. Generally, new construction has a 10-year warranty for structural issues, but that may not make up for the headaches associated with rectifying a bad situation.
  • Earnest money deposits that are due at the beginning of the contract period can vary from $1,000 - $10,000. This deposit is held in escrow and put toward the buyer's down payment at closing. But unlike resale properties, these deposits are often non-refundable. While a state-approved resale contract gives the buyer many opportunities to inspect aspects of the home and terminate the deal, the builder contracts typically only refund earnest money for a failure to secure financing. Home inspections are welcome, but a buyer's dissatisfaction with the results do not warrant an earnest money refund.

Home builders are usually very welcoming to buyer's agents, as long as the agent accompanies the buyer on their first visit. A good buyer's agent also knows the questions to ask to prepare buyers for the process and potential hazards. If you're thinking about visiting a new home site, it's very much worth it to have an experienced agent meet you there.


I would love to help you with your real estate journey. 
Please contact me at 303-917-7143 or robbin@elevatedrealestate.com


Thursday, February 25, 2021

What to Expect During a Home Inspection

 From finding an inspector to dealing with surprises - this is your guide to getting a house checked out.


I would love to help you with your real estate journey. 
Please contact me at 303-917-7143 or robbin@elevatedrealestate.com


Monday, February 15, 2021

Boulder County January Statistics

The trends from 2020 continue. The number of total active listings (detached single family homes) is down significantly from this time last year, almost 36%. Correspondingly, the average market time is down over 27% as buyer demand remains high.  Average and median sales price continues to go up as buyers compete for the homes for sale.



Townhouses and condos  are behaving similarly...




If you're a seller who's been on the fence about putting your house on the market, I advise you to seriously consider doing it soon. The property does not have to be in perfect condition to find interested buyers. Interest rate are still low and multiple offer situations can drive up the purchase price. If you're a buyer, I know a lot of ways to make your offer competitive and stand out. I also have a great app for house searching that is updated by both the Denver and Boulder MLS several times a day - just shoot me a text/email/phone call and I'll get it over to you!


I would love to help you with your real estate journey. 
Please contact me at 303-917-7143 or robbin@elevatedrealestate.com


Saturday, February 6, 2021

FOR SALE: 11371 Fenton Street, Westminster

 

In this low-inventory market, buyers are being asked to waive many contract contingencies to compete for the few properties out there. Good news for sellers but can be nerve-wracking for buyers and their agents, especially if the expectation is that there will be no inspection. As a Buyer's Agent, I never recommend waiving an inspection altogether, although a buyer should limit their repair requests to serious issues. As a Listing Agent, I advise my sellers to get a pre-listing inspection done so that they can know the issues and ready the house for the market. 

For this new Arrowhead listing, the sellers want buyers to know that most of the major systems have been replaced within the last few years - high- efficiency furnace, central A/C, water heater, electrical panel, plumbing, garage door, patio, exterior paint. This translates to peace of mind for buyers, knowing that they won't be surprised by any large expenses once they get into the home. The biggest item that will need attention is the worn carpeting, for which the sellers are offering a $4000 credit at closing.

Arrowhead is not far from several places to shop, eat or watch a movie. It's also just a minute from US-36. This 2-story home has a main floor master with 5-piece bathroom, three bedrooms up with a loft, large eat-in kitchen and separate dining room, stainless steel appliances, wood floors on the main level, partially finished basement, sprinklers in front and back, washer and dryer included. With a total of 2875sqft, there's room for everyone to have their own space.

Contact me if you'd like to see it - we have dozens of showings already scheduled this weekend. Or check out the video tour or 3D tour and let me know if you want to tour it in person.


I would love to help you with your real estate journey. 
Please contact me at 303-917-7143 or robbin@elevatedrealestate.com


Biden's Actions on Fair Housing

Biden's Actions on Fair Housing: President Biden recently issued several actions related to ending discrimination and promoting fair housing and equal opportunity for all Americans.


I would love to help you with your real estate journey. 
Please contact me at 303-917-7143 or robbin@elevatedrealestate.com