Call me if you would like to check availability of any homes on the market. At this point, I do not know what property you are asking about. I would be more than happy to help you find a home that suits your needs.... more
I would recommend that you ask a Realtor in your area to prepare CMA (Comparative Market Analysis) for you to see what the actual SOLD prices are in your neighborhood. That your neighbor has listed at $470,000 does not mean that it will sell for that much. If there are comparable sold properties that show a higher value than the appraiser showed, there may be an opportunity to appeal the appraisal.
Good luck!... more
For a refinance you will have a professional licensed appraiser come out to your home to inspect it. They will calculate the square footage and be sure the correct square footage is included in the report.
They will then look for comparable homes that have sold recently in your area to gauge the value of your home.
Although Trulia is a fabulous site - it is not often used as a source for data for appraisals. Unfortunately - the information is often inaccurate - and always should be confirmed.
I hope this helps!
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Licensed in Maryland, Virginia and Washington, D.C.
Assisting Homebuyer's and Seller's for 28 years
Hi Eric, the cost of existing homes/investments per square footage varies. Depending on the finishes. The existing construction, the location determines value also. If you were to build a home this is a good question for your builder. In general the cost per square foot varies for many reasons.
Thank you.... more
I believe Fort Collins is in a stable market, this is a great time to buy. I believe the real estate market here is about to improve. Ask your lender about the Nehemiah Program, it may be too late since you have a contract in place but maybe you can work this out with the seller. Ask your realtor to give you 3 experienced lender contacts so you can see if there is another program that will work for you. Good luck.
Dynamic Real Estate
There are a few, but not many. I think you would pay more for that, and it may be better to look into a more traditional, upper scale rental as you will have much better choices with regard to location and amenities.
You could always rent furnishings. The rental market is at 350-500 per bedroom depending on quality.
Let me know if I can help.... more
Hopefully, someone from Ft. Collins will chime in, but my answer is yes. Invest while interest rates are dropping and it's a buyers market. I strongly advise investing for the long term, thus, your plan in general sounds good.
The front range is thriving from Trinidad to Fort Collins. I think you'll be glad you did buy years from now.
Make sure to find a reputable buyers broker to help you with this important decision.
Best of luck,
Susan Walker... more
Jesse - You should contact a local Realtor in your area and get them to do a range of comps using similar property data (same as your home/property) go back 3mths, 6mths, 1yr and 2yrs and see what the market treand is looking like. Are you up,down,bottom or peaking in your local market?
THIS IS VERY IMPORTANT to now as it will govern your sale and amount you can profit from more than appreciation value.
If you are just looking for appreciation stats then ask the Realtor this question too - they will be able to give you the general percentage of appreciation ranges. In my area of Harrisburg PA the appreciation is about 3-7% but we are in a down cycle and in the recent 5 years appreciation has gone from 2-5% up to 10-15% in some 'pocket' areas...Hope this helps...... more
I am not a property manager, but I am a Realtor and work with several Real Estate investors. The market for investment properties is actually quite good. We are a college town so we always have a viable pool of student tenants, both under grad and graduate level, in addition to typical family units looking for rentals. I have found that if your properties are in above average condition, they usually rent quickly and for a premium. There are a lot of sub par rentals properties out there in my opinion, so if you have a quality property you can get a better tenant and higher rental rate. With the financing challenges we are experiencing locally and nationwide, many home buyers that were looking to buy will have to continue to rent or look at lease to own scenarios which can be good for investors. There are some incredible deals to be found right now if you are looking for an investment property. This is one of my areas of expertise, so if you'd like to contact me directly, I would be happy to discuss Fort Collins Real Estate further.
Carrie Holmes, 970-988-0242... more