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Home Buying in 80235 : Real Estate Advice

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Activity 364
Sun Apr 21, 2013
Christine Nicholson answered:
Your reasoning sounds valid. I would just call your Buyer's Broker (I hope you were represented by one ~ because this is the kind of thing we can handle for you!). They will work with the on-site sales representative and have them look into it for you. Best of luck in your new home. ... more
0 votes 7 answers Share Flag
Tue Apr 30, 2013
Blue Sky Home Group answered:
There are many risks of buying a home as is. It all depends on your purchase price and the condition of the home. Lets say you buy a home for $250,000 and that is retail near the top of the market for that home. Well if they are making you buy as is and you need to replace a furnace or something as simple as updating lighting. Well all of that money you just put into your home you wont get back. If you buy that house for $225,000 and you only need to do $10K of repairs, then it makes sense to buy that home. Your agent should be informing you of the current market conditions of that area and advising you on how to buy that home. You always want to do an inspection and know what your getting yourself in. If that work is to much to do and it doesn't make financial sense then its not a smart buy. I am happy to explain this further for you. Feel free to reach out to me anytime. Good luck ... more
0 votes 24 answers Share Flag
Tue Apr 30, 2013
Tony & Karen Hinkel answered:
School districts (and individual local schools) are one of many factors for home buyers to consider. Of course, the relative importance of any factor will vary depending on the buyer. For some, school districts won't matter much, for others they may be the defining issue. That being said, a good school district and strong local schools are generally considered as pluses, and all other things being equal, such homes will probably sell for a premium. This may also be a factor in projecting resale opportunities.

The flip side is that if it's not especially important to you, you may find a better value in terms of square footage, amenities etc in areas where that premium doesn't apply.
... more
0 votes 6 answers Share Flag
Mon Jan 20, 2014
Nicole+Ingar "Iggy" Neuschaefer answered:
Hi Kevin,
The Clayton neighborhood is a great neighborhood to move to! I live in the Skyland neighborhood, just south of Clayton, and pay close attention to the area. There are many houses being fixed up and re-sold for much higher than the neighborhood has seen, helping home values significantly.
Also, a very exciting part of this neighborhood is that the new light rail addition will be bordering the north end of Clayton along 40th! If you are interested in seeing what is currently available in the Clayton neighborhood , I would love to help!

Nicole Gilbert
Associate Broker Keller Williams Downtown
720-233-4590
nicolegilbert@kwrealty.com
... more
0 votes 6 answers Share Flag
Tue Apr 30, 2013
PollyAnna Snyder answered:
I wouldn't say more difficult. I would say it makes it less likely to get an offer accepted, given there are other, substitute Buyers considering the same home with no contingencies. Put the Seller's coat on for a moment who would you sell to - the Buyer with fewer or more contingencies...or maybe one with no contingencies? Now, that being said, you could always raise your offer price as consideration of the Seller accepting your contingencies. A good Realtor should be able to coach a client through this scenario and get information re: what is important to the Seller (other side) and whether or not they'd accept certain types of contingencies. Hope this helps. Cheers! ... more
0 votes 9 answers Share Flag
Tue Apr 9, 2013
Jon Wachter answered:
Depends if you are buying with a loan from the seller, a lender or paying cash. Also real estate contracts are 13 pages because there is more to the transaction than price and closing date. The title insurance rates in Colorado are pretty comparable, but who is paying for the title insurance? This is typically a seller expense and the actual closing service is often shared 50/50. ... more
0 votes 8 answers Share Flag
Sun Apr 7, 2013
Jenni Scoggins answered:
The unknown condition. You will have a chance for inspection of the major systems however you are typically buying the home in as-is condition. If you have further questions, please call 303-246-2759. ... more
0 votes 9 answers Share Flag
Fri May 10, 2013
John Keene answered:
Now. Inventory is so low it may take a while to find the right place an then another 30-days to close

John Keene
303-547-7578
0 votes 24 answers Share Flag
Sat Apr 6, 2013
Tony & Karen Hinkel answered:
Cole, Whittier, Skyland, Clayton, and some areas of Five Points are all poised to improve dramatically. There are lots of great investment and rehab opportunities and new buyers are flocking to those areas.

Are you looking for a home, or strictly investment properties? We'd love to talk about your goals and some possible strategies. We both own and manage rentals, and have been involved with rehabs as well.We can also hook you up with some excellent tradesmen.

Feel free to drop us an email, call or text.
Tony & Karen
720-427-4836
... more
0 votes 6 answers Share Flag
Thu Mar 28, 2013
Joetta Fort answered:
The market is so hot, IT doesn't need any help. But this could help those who are qualified for a loan but don't have a lot of cash so they have to ask the seller to pay their closing costs, and may be competing with much stronger offers. Right now, buyers who are barely to scrape together what it takes to get into a house, don't stand a chance. This could give them that little bit of help that they need. ... more
0 votes 7 answers Share Flag
Wed Mar 27, 2013
James Ponzi answered:
Hi Phung Nguyen,

It has to be disclosed on the HUD-1 Settlement Statement at the closing. The lender should be aware of this prior to closing so they can approve it also.
0 votes 7 answers Share Flag
Mon Mar 25, 2013
Julie Montgomery answered:
Under contract when a "normal" home sale is under contract. Pending is when a bank-owned home is under contract, waiting for bank approval. Julie Montgomery, Greenwood Village, www.jmontgomery.com ... more
0 votes 18 answers Share Flag
Thu Apr 11, 2013
Jeff Molenda answered:
I can preview them for you and post a video to youtube. I can also contact sellers directly on your behalf. Please call me. Jeff Molenda KEY Real Estate Group, LLC 303-941-6779
0 votes 9 answers Share Flag
Mon Apr 29, 2013
Marina Jensen answered:
Hi Nina!

Did you mean Villa Park? I think you did, so I'll answer your question that way.

With the West Colfax redevelopment and the proximity to Sloan's, Villa Park is already seeing a good increase in values. Light Rail is scheduled to open any day there now and that always boosts the nearby home values as well. The rule of thumb I tell my clients looking for a good investment in Villa Park is to stay north of Lakewood Gulch Park. Let me know if you are interested in a detailed market analysis for that area, I'm happy to send that to you and go over any questions you might have.

Marina Jensen
Realtor with Cherry Creek Properties
www.MarinaJensen.com
... more
0 votes 4 answers Share Flag
Tue Mar 19, 2013
Marina Jensen answered:
Hi Hspangler!

Cole (especially north Cole) is predicted to see a pretty substantial increase in home values in the next few years. Some analysis shows it might increase as much as 6-7% in the next year alone.

My personal recommendation is to try and get a property as close to the new light Rail station on 38th as possible to maximize your investment.

I specialize in North Denver neighborhoods and Cole/Whittier in particular. Please don't hesitate to contact me with any questions or if you would like to see any homes. I'm passionate about this area and would be thrilled to help!



Marina Jensen
Realtor with Cherry Creek Properties
www.MarinaJensen.com
... more
0 votes 5 answers Share Flag
Mon Jul 8, 2013
Michael Manzitto answered:
Great, Here to help. Im located minutes away. How can I help you? Also there is a great are 5 minutes to the north, with plenty of inventory, schools and a new Kin Soopers

Mike 303 720-1355 ... more
0 votes 8 answers Share Flag
Sat Apr 5, 2014
Kasha Songer answered:
Tue Apr 30, 2013
Julie Reddington answered:
Hello
It is very difficult to give an exact amount. It is certainly true that all houses have a maximum limit, that to go beyond would be very to get your money back. Different people's tastes are different too - you could spend a small fortune on a kitchen to have the next Buyer not like the color.

The typical 'upgrades' buyers like to see are kitchens, bathrooms, appliances, granite, flooring, stair rails.

Whilst inventory is down, the chances are they could find a home that already has some of these 'upgrades', unless you find a fixer.

An agent will be able to guide you on the home, its neighborhoods, and suggestions as to what is needed. I tell my Buyer's to enjoy the house for you, not for your next Buyer. 5-10 years time could be a very different style.
... more
0 votes 16 answers Share Flag
Sat Mar 23, 2013
Blue Sky Home Group answered:
Yes! It's really hard for lenders but I have one and he is great! You'll have to call or email me. I have closed a number of condos like this. 303.589.4591 jeff@bluesky-home.com ... more
0 votes 12 answers Share Flag
Mon Mar 25, 2013
Brenda Miller answered:
When buying a home with a septic system, it is always important to have the system inspected. If at all possible, find out what company has been servicing the system and then obtain the service records to make sure it has been properly serviced, this is especially important for an older system. ... more
0 votes 10 answers Share Flag
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