Ready to sell your home? Make sure you start the process off right by getting some things in line before listing your home.
REALTOR Magazine gives us 5 tips on what to do to make your sale successful. From empowering yourself with information from a pre-sale inspection to making your home presentable and enticing to buyers, REALTOR Magazine gives us ideas on how to not only make a sale but on how to make it more effective and profitable. Read the article below:
1. Have a pre-sale home inspection. Be proactive by arranging for a pre-sale home inspection. An inspector will be able to give you a good indication of the trouble areas that will stand out to potential buyers, and you'll be able to make repairs before open houses begin.
2. Organize and clean. Pare down clutter and pack up your least-used items, such as large blenders and other kitchen tools, out-of-season clothes, toys, and exercise equipment. Store items off-site or in boxes neatly arranged in the garage or basement. Clean the windows, carpets, walls, lighting fixtures, and baseboards to make the house shine.
3. Get replacement estimates. Do you have big-ticket items that are worn out or need to be replaced soon, such as your roof or carpeting? Get estimates on how much it would cost to replace them, even if you don't plan to do it yourself. The figures will help buyers determine if they can afford the home, and will be handy when negotiations begin.
4. Find your warranties. Gather up the warranties, guarantees, and user manuals for the furnace, washer and dryer, dishwasher, and any other items that will remain with the house.
5. Spruce up the curb appeal. Pretend you're a buyer and stand outside of your home. As you approach the front door, what is your impression of the property? Do the lawn an bushes look neatly manicured? Is the address clearly visible? Are pretty flowers or plants framing the entrance? Is the walkway free from cracks and impediments?
Driving south down Broadway, it is hard to miss the pinkish building tucked away in the flatirons. Not only is NCAR, the National Center for Atmospheric Research, a Boulder landmark, but it signals a distinct community in Boulder. Broadly known as South Boulder, this community has become more thought of as Table Mesa.
South Boulder encompasses an old 50's ranch style Boulder. Homes are older and more affordable. Town homes and condos are also sprinkled in, making it a reasonable area for young families and students alike.
Well known for its highly academic schools such as Fairview High School, the Table Mesa community is a very family-oriented section of Boulder. Parks, a recreation center and hiking on the Mesa Trail all make this area welcoming to family fun. If you're looking for a nice walk, Viele Lake is pleasant and enjoyed by multiple forms of wildlife. Residents can also have a day of fun playing frisbee golf at Harlow Platts Park or swimming at South Boulder Rec Center.
Most of the area's local shopping can be done at the Table Mesa Shopping Center. A King Sooper's, restaurants and retail stores complete the strip mall. South Boulder is also a great location if you have to commute to Louisville, Lafayette or Erie. While South Boulder is easily accessed by the highway, traffic can be avoided by using alternative routes such as Marshall Road and South Boulder Road.
To learn more about South Boulder, visit Boulder Neighborhood Guide
Making the decision to move involves a plethora of factors, each unique to every buyer. Things change, and, therefore, your needs and wants may change too. For example, you may be making more money, maybe you have children and now need to be in a better school district or maybe moving makes more sense than remodeling. REALTOR Magazine answers the question of whether moving up makes sense for you below:
These questions will help you decide whether you're ready for a home that's larger or in a more desirable location. If you answer yes to most of the questions, it's a sign that you may be ready to move.
1. Have you built sustainable equity in your current home? Look at your annual mortgage statement or call your lender to find out. Usually, you don't build up much equity in the first few years of your mortgage, as monthly payments are mostly interest, but if you've owned your home for five or more years, you may have significant unrealized gains.
2. Has your income or financial situation improved? If you're making more money, you may be able to afford higher mortgage payments and cover the costs of moving.
3. Have you outgrown your neighborhood? The neighborhood you pick for your first home might not be the same neighborhood you want to settle in for good. For example, you may have realized that you'd like to be closer to your job or live in a better school district.
4. Are there reasons why you can't remodel or add on? Sometimes you can create a bigger home by adding a new room or building up. But if your property isn't large enough, your municipality doesn't allow it, or you're simply not interested in remodeling, then moving to a bigger home may be your best option.
5. Are you comfortable moving in the current housing market? If your market is hot, your home may sell quickly and for top dollar, but the home you buy also will be more expensive. If your market is slow, finding a buyer may take longer, but you'll have more selection and better pricing as you seek your new home.
6. Are interest rates attractive? A low rate not only helps you buy a larger home, but also makes it easier to find a buyer.
REALTOR Magazine release 12 good questions you should ask before hiring a realtor to make sure they are legitimate and will meet your needs. Read more below:
Make sure you choose a REALTOR who will provide top-notch service and meet your unique needs.
1. How long have you been in residential real estate sales? Is this your full time job? While experience is no guarantee of skill, real estate - like many other professions - is mostly learned on the job.
2. What designations do you hold? Designations such as GRI and CRS, which require that agents take additional, specialized real estate training, are held only by about one-quarter of real estate practitioners.
3. How many homes did you sand your real estate brokerage sell last year? By asking this question, you'll get a good idea of how much experience the practitioner has.
4. How many days did it take you to sell the average home? How did that compare to the overall market? The REALTOR you interview should have these facts on hand, and be able to present market statistics from the local MLS to provide a comparison.
5. How close to the initial asking prices of the homes you sold were the final sale prices? This is one indication of how skilled the RELATOR is at pricing homes and marketing to suitable buyers. Of course, other factors also may be at play, including an exceptionally hot or cool real estate market.
6. What types of specific marketing systems and approaches will you use to sell my home? You don't want someone who's going to put a For Sale sign in the yard and hope for the best. Look for someone who has aggressive and innovative approaches, and knows how to market your property competitively on the Internet. Buyers today want information fast, so it's important that your REALTOR is responsive.
7. Will you represent me exclusively, or swill you represent both the buyer and the seller in the transaction? While it's usually legal to represent both parties in a transaction, it's important to understand where the practitioner's obligations lie. Your REALTOR should explain his or her agency relationship to you and describe the rights of each part.
8. Can you recommend service providers who can help me obtain a mortgage, make home repairs, and help with other things I need done? Because REALTORS are immersed in the industry, they're wonderful resources as you seek lenders, home improvement companies and other home service providers. Practitioners should generally recommend more than one provider and let you know if they have any special relationship with or recieve compensation from any of the providers.
9. What type of support and supervision does your brokerage office provide to you? Having resources such as in-house support staff, access to the a real estate attorney, and assistance with technology can help an agent sell your home.
10. What's your business philosophy? While there's no right answer to this question, the response will help you assess what's important to the agent and determine how closely the agent's goals and business emphasis mesh with your own.
11. How will you keep me informed about the progress of my transaction? How frequently? Again, this is not a question with a correct answer, but how you judge the response will reflect your own desires. Do you want updates twice a week or do you prefer not to be bothered unless there's a hot prospect? Do you prefer phone, email, or a personal visit?
12. Could you please give me the names and phone numbers of your three most recent clients? Ask recent clients if they would work with this RELATOR again. Find out whether they were pleased with the communication style and follow up and work ethic of the REALTOR.
CONTACT ME so that I can help answer any of these questions above!
Northfields Commons is a new neighborhood located in northeast Boulder between Kalmia Avenue and Palo Parkway. The residencies are being built on a 22 acre lot near the Pleasant View soccer fields. The new builds aim to give residents the "best of Boulder" with easy access to trails, a community park and great views.
The neighborhood's design elements are also attractive. With a sleek look, these contemporary lofts, single family homes, duplexes, condos, row homes and town homes have open floor plans, energy efficient qualities and traditional looks. The community, complete with porches and walking paths, is one for people looking to be social with their neighbors.
To stay up to date on this new development, visit Northfield Commons
REALTOR Magazine came out with 8 Reasons Why You Should Work With a REALTOR. REALTORS are professionals who can deal with the paperwork and forms for you, they know about areas and resale opportunities, they have the tools to find the right home and they are negotiators and advisers. Learn more below:
Not all real estate practitioners are REALTORS. The term REALTOR is a registered trademark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION of REALTORS and subscribes to its strict Code of Ethics. Here are five reasons why it pays to work with a REALTOR.
1. Navigate a complicated process. Buying or selling a home usually requires disclosure forms, inspection reports, mortgage documents, insurance policies, deeds, and multi-page settlement statements. A knowledgeable expert will help you prepare the best deal, and avoid delays or costly mistakes.
2. Information and opinions. REALTORS can provide local community information on utilities, zoning, schools, and more. They'll also be able to provide objective information about each property. A professional will be able to help you answer these two important questions. Will the property provide the environment I want for a home or investment? Second, will the property have resale value when I am ready to sell?
3. Help finding the best property out there. Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigating by your REALTOR to find all available properties.
4. Negotiating skills. There are many negotiating factors, including but not limited to price, financing, terms, date of possession, and inclusion or exclusion of repairs, furnishing, or equipment. In addition, the purchase agreement should provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. Your agent can advise you as to which investigations and inspections are recommended or required.
5. Property marketing power. Real estate doesn't sell due to advertising alone. In fact, a large share of real estate sales comes as the result of a practitioner's contacts through previous clients, referrals, friends, and family. When a property is marketed with the help of a REALTOR, you do not have to allow strangers into your home. Your REALTOR will generally pre-screen and accompany qualified prospects through your property.
6. Someone who speaks the language. If you don't know a CMA from a PUD, you can understand why it's important to work with a professional who is immersed in the industry and knows the real estate language.
7. Experience. Most people buy and sell only a few homes in a lifetime, usually quite a few years in between each purchase. Even if you have done it before, laws and regulations change. REALTORS, on the other hand, handle hundreds of real estate transactions over the course of their career. Having an expert on your side is critical.
8. Objective voice. A home often symbolizes family, rest, and security - it's not just four walls and a roof. Because of this, home buying and selling can be an emotional undertaking. And for most people, a home is the biggest purchase they'll ever make. Having a concerned, but objective, third party helps you stay focused on both the emotional and financial issues most important to you.
To learn more about what my clients value and how I have helped them, visit the REVIEWS PAGE
To contact me for more information, visit the CONTACT PAGE
Boulder and Denver are hubs for great food with fresh ingredients and creative twists. New to the metro area is Cattivella. This Italian restaurant features chef Elise Wiggins, a known chef in the culinary world and executive chef of Panzano in Denver. Cattivella Wood-Fired Italian is located in the Eastbridge development in Stapleton. Complete with a patio with mountain views and a wood-fired oven making delectable food, Cattivella is on the list for your next evening out! Some items to try are the caramelized meats, char-grilled seafood, Neapolitan-style pizzas, all made mouth-watering with their wood-fired cooking style.
Food is inspired by Wiggins' travels to Italy every year, where she collects recipes and inspirations from the different cultures and flavors. 10 wines are also featured on the menu to accommodate personal taste, budget and seasonality.
Learn more about this great culinary addition at Dining Out Denver & Boulder or on Cattivella's website
East Boulder communities are located near Baseline Lake off of Cherryvale and South Boulder Road. The main neighborhoods include Ridgela Hills, Crestmoor and Baseline Heights. Homes in the area are all distinct and different. Some homes are still true to their original development, while others have been rebuilt to look more modern. Therefore, based on the house, the price can range from the mid $500's to over a million dollars.
Located next to Baseline Lake, there are endless activities for residents. This neighborhood lies on the East side of Boulder and, while further from downtown Boulder, offers calmer living. Essentially a suburb of Boulder, traffic and noise from the city are less. The community also has easy access to Louisville, Lafayette and the toll road which heads to Northern Colorado.
Conveniently located near East Boulder Rec Center and East Boulder Community Park , neighborhoods in this area are great for raising families. The park has a lake, a dog park and plenty of play areas for kids. If you want to be a member of Baseline Lake, you can get private access to the beach area, which allows access to swimming and picnicking. If you are interested in having a boat membership, be prepared to be on a pretty long wait list.
For more information on the East Boulder Community, contact me
Google is moving to Boulder and it's presence is becoming more and more known. Buildings are starting to take shape and this tech-savvy community is getting excited. Phase I, which accommodates 1,000 workers, opposed to the 340 current Boulder employees, is expected to be done this year. Phase II includes the construction that is starting to take place at the intersection of 30th and Pearl, but does not currently have a set end date. This phase will contribute to the total project which includes four acres and 330,000 square feet. By then end of the project, there will be three four-story buildings with underground parking.
Google has also made a huge investment in an affordable housing project in Boulder. This project will help renovate hundreds of apartment buildings and offer a less expensive solution for those looking for housing in Boulder. This type of project is not new to Google, as their goal is to provide affordable, high quality, safe housing options for its community members and workers. These programs also allow Google to build large office space in exchange for bringing betterment to the area. In Google's founding city, Mountain View, CA, the company implemented a multi-million dollar project to invest in trails, a science center and affordable housing. In total, the company has invested in these types of projects in 44 cities across the US. There is some controversy in Boulder, however, how an affordable housing project may affect the current market. With prices so high, offering lower prices could drive down the market in order to keep it competitive. However, the pro is that Boulder get's the benefits of a large company's resources and their investment into Boulder.
One of the first apartment complexes set to begin it's renovation is Nest in South Boulder. These units will be more energy efficient and improved at the end of renovation. Osage and Thunderbird, also in South Boulder will also be apart of this project. To learn more, visit Boulder County Business
Every purchase or sale of a home involves a contract. In order to avoid a lawsuit, it is important to know your right to have a lawyer look over a contract, hire a realtor that is knowledgeable and honest and to educate yourself on some of the ins and outs of a contract.
Let' start by defining a breach of contract. When signing a contract, you are expected to carry out all the promises and requirements that you agreed to. Therefore, any failure to carry out the material part of a contract in the designated time of the contract is considered a breach of contract. If one party breaches a contract, steps can be taken to remedy the breach.
How The Law Protects You
There will be instances where you will unintentionally be unable to act according to the terms of a contract. In this instance, the law protects you with Substantial Performance. With Substantial Performance, you are acting "sufficiently" within the contract requirements. Examples include a closing date that might be pushed back a day or two or a builder not completing a minor act, such as missing painting one baseboard. In these cases, damage is not intentional or substantial enough to require a lawsuit. If, however, the builder, for example, does not follow what is written in the contract, making huge changes to what is agreed upon, they will not be protected under Substantial Performance.
If you do have to deal with a breach of contract, it is important that you are first considered entitled to a remedy for that breach. To be entitled, you must be "ready, willing and able to perform" what is asked in the contract. Therefore, a seller must present the deed and a buyer must present the purchase money. If you qualify, remedies include Damages, Specific Performance, Rescission and Injunction.
Damages is the money owned to the person suffering from the loss caused from the breach of contract. Therefore, the seller that breaches, owes the buyer money paid in anticipation of closing. The buyer that breaches would owe the seller their earnest money and may be sued for other costs. Actual, or Compensatory, Damages are those actually suffered. Punitive, or Exemplary, Damages are those given as punishment to prevent further similar acts.
This remedy is not as easy to enforce and generally only used if extreme hardship would result without the remedy. Specific Performance is ordering someone to perform as agreed upon in the contract. Therefore, for example, the court may order the buyer to pay what was agreed upon or the seller to pass the deed.
Recision is essentially restoring the contract to its original state before it was signed. It is cancelling or voiding the contract. Both the buyer and seller may rescind if there was a mistake by both parties. For example, if both parties were mistaken on how the property was zoned, they could rescind. If one party was aware of the truth, however, a mistake was not made and recision is not a remedy. Recision is also available with innocent misrepresentation. This is an unintentional error in a material fact of the property. Damages by the person who misrepresented would not be granted to the person damaged, because the error was unintentional. However, recision is a remedy to the person damaged, because any error they may make is from them relying on what they were told by the other party. Undue influence is the controlling of a person to the extent that they are influenced and dependent on that person and duress is coercing someone with a threat or force to do something. Both of these are protected by recision. Finally, Fraud, the most serious of offenses, is the intention to deceive. The person who is harmed by fraud, is allowed to rescind and cancel the contract.
This written order commands someone to do, or not do, something. It is a legal remedy to force compliance with what is stated in the contract.
I am a real estate professional, serving Boulder and Denver, Colorado. My extensive knowledge of the market, coupled with my commitment to provide extraordinary service, has resulted in hundreds of successful transactions. Let me help you buy or sell your home.