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Real Estate Transactions Archives

What issues can arise with a Colorado residential closing?

Colorado is often spotlighted as a state of exceptional beauty and multiple attractions, making it an obvious lure for purchasers of high-end residential properties. Many such buyers are state residents, of course, but legions of would-be out-of-state and international buyers are also on the constant lookout for vacation homes and compelling investment opportunities.

Dealing with defects in real estate transactions

Real estate transactions can be tricky, and there's always a potential to find out that the home you purchased was not what you expected. Today, people can avoid trouble from purchases by opting for agreements in which they have an opportunity to have an inspection and then to accept the state of the home, to reject it or to seek repairs.

Remember this when buying a vacation home

Buying a vacation home is a luxury that few families can afford, and if you're one of the lucky ones, you could find a lifetime of enjoyment in your vacation property -- or perhaps sell it for a profit one day. However, you'll want to take great care when buying your vacation home to ensure that you've selected the right property and the right kind of deal that suits your needs and budget.

So far so good for Spring home-selling season in Denver

Every Spring, Denver experiences a boom in home sales, and this year is no different. Single-family homes increased in value tremendously last month as buyers and sellers raced to make deals. In February, average home prices were in excess of $500,000, and they continued with a substantial increase of 3.8 percent the following month, up to $522,227. In fact, single-family real estate has increased by 11.7 percent since New Year's Day.

It's currently a seller's market in Denver

The decision to buy or sell a home is never an easy one to make. After all, most Colorado residents will want to sell their homes at the highest value and buy their homes at the lowest value. Aside from finding an eager seller in a buyer's market, or an eager buyer in a seller's market, the price a home is sold at will largely depend on current market indicators. With this in mind, home prices in the Denver area have skyrocketed, making it feel like a seller's market in Denver.

What questions should I ask about homeowners' association fees?

Homeowners' associations (HOAs) are great for making sure your neighborhood stays safe, clean and respectable. However, HOAs, with their fees and other requirements, can also represent a serious difficulty and challenge for certain neighborhood residents. As such, before you purchase a property in a neighborhood with an HOA, you'll want to understand everything you can regarding the HOA -- especially when it comes to the fees you'll be required to pay.

2017 was a great year for real estate in Eagle County

Eagle County real estate has slowly recovered from the real estate collapse following the 2005 to 2007 real estate bubble. In fact, the real estate market in Eagle County saw its best year since 2007 -- for the number of transactions and sales volume. It's been a long road to recovery, and Eagle County is finally there.

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