Category: Colorado Home Sales

5 Tips to Resell Your Home with a Colorado Real Estate Professional

Posted on by Beth

5 Tips to Resell Your Home with a Colorado Real Estate Professional

real estate 80016

Finding a real estate agent to help you sell your home in the 80016 area can be a complex task. There are several common pitfalls which homeowners fall into, but with the help of some useful tips, they can rest assured they are on the right track. Here are a few of them:

  1. Doing interviews is an important part of your search process. Do not hesitate to ask many questions and thus find out about the license, experience and quality of the services a certain agent can provide you with;
  2. Ask your realtor for testimonials and contact info of previous customers, whom you can contact and thus check the reputation of a Colorado real estate professional representing.
  3. Be careful about real estate professionals who tend to agree to any price for a home, be it high or low, just to sell the property. The agent should be able to give details about how he/she decided on the suggested price list.
  4. Choose your agent depending on how long he/she has been in the real estate business. This can have a lot to say about their general knowledge and experience selling real estate in 80016.
  5. Carefully review the Terms and Conditions before deciding on whether to work with a particular realtor.

 

How a Colorado Realtor Can Help You Deal with Title Problems

Posted on by Beth

How a Colorado Realtor Can Help You Deal with Title Problems

houses for sale 80602

Unlike in the case of other types of insurances, most homeowners may have little knowledge about title insurance. And that is why a Colorado realtor can help you deal with title problems.

Title insurance offers protection from past events regarding a property’s ownership. If there are any problems with the title insurance that means that the seller cannot transfer his property to a buyer or that a lender cannot issue a mortgage loan.

In other words, title insurance does not offer guarantees that there are no unsolved issues with the title, but it ensures the fact that there are no problems which may block the transfer of a real estate property from seller to buyer.

In case you need new title insurance, you may have to look for a title company. And to find the best company for your specific situation, you can ask for help from the part of a Colorado realtor. The title company is typically required to give you the policy within a period of 90 days after the close of the home sale.

When shopping around for several different quotes, you should ask your realtor for names of a few title insurance agents or companies that they have previously worked with.

If you are looking for an authority on houses for sale in 80602, one that can help you navigate title insurance, loan processing etc, give Tom Ullrich a call for acclaimed service.

What Is the Average Time It Takes to Close on a House in Colorado?

Posted on by Beth

What Is the Average Time It Takes to Close on a House in Colorado?

When you’re selling a house in a place as diverse and dynamically shifting as the state of Colorado, it’s very hard to predict how quickly your house will sell. While there are statistics in place, many of them will only show information based on past research, and it might not be indicative of the present.

houses for sale 80602

The housing market in Colorado has shifted a great deal in the past few years. While homes and business locations used to sell more slowly, realtors representing houses for sale 80602 substantiate that we are faced with a rapid acceleration of how easily and quickly some properties might find buyers. One of the main reasons for this shift is the presence of an increasing number of investors who are funneling in large amounts of money to fuel the manufacturing and housing industries within the state.

In response to this, we are seeing an impressive number of people literally migrating to Colorado – and especially to some of the larger cities like Denver or Boulder. Despite COVID, industries here are still thriving, and there are talks about even larger projects in the years to come.

Overall, the official average time to sell a house in Colorado in 2021 is right around 3 months or so (more specifically, 95 days). Depending on your realtor’s strategy, however, getting an offer can take a lot less than the 60 days that some experts claim are the amount of time needed to get a viable offer.

The Top 3 Questions to Ask Before Picking a Colorado Realtor

Posted on by Beth

The Top 3 Questions to Ask Before Picking a Colorado Realtor

Tom Ullrich - RE/MAX

When choosing a real estate professional in the state of Colorado, it is essential that you get the most experienced and skilled realtor, like Tom Ullrich – RE/MAX, to back you up. For sellers in particular, it’s a good idea to ask the following questions before hiring a listing agent:

  1. How well do you know the area? In Colorado, like everywhere else, realtors operate based on specific farm areas where they learn everything about that particular city, neighborhood or county. It’s very important that the realtor you hire be knowledgeable about the area your home was built on.
  2. How long do you expect the process to take? It’s a good idea to inquire as to whether or not the realtor has a strategy to sell your home or to find you a home to buy. For sellers, the more a property stays on the market, the harder it will subsequently be to sell it at a good price.
  3. Do you have a valid real estate license? Asking about a license and doing a quick background check on the agency or the broker you’re working with can be a good idea, as you will want to make sure that they are well-trained and competent enough to handle your real estate sale or purchase.

Is It Better To Buy Or Sell Before the School Year Starts

Posted on by Beth

Is It Better To Buy Or Sell Before the School Year Starts

The beginning of the school year and the couple of weeks before and after the date are periods marked by sluggishness on the real estate market. In most regions, that sluggishness affects buying and selling the same way. Here are some things that influence how efficient and profitable buying or selling property is before and right after the start of the new school year:

  • What happens right before and right after the first school day – many people planning to buy or sell their property postpone placing their ads and starting the process to take one more short, last-minute vacation before the kids start school and when they come back from their trip, they are busy preparing the kids for the first school day. The first couple of weeks after school starts is the period of getting used to the changed schedule, to getting up earlier and to being busier than during the vacation, so most people decide to postpone buying on selling property for a bit longer again;

Tom Ullrich - RE/MAX

  • How to find a better time – in most regions, Tom Ullrich – RE/MAX suggests that generally the peak period for buying and selling property is the spring and early summer, from March through May, then there is another peak around the end of the year, from October to December, ending before the winter holidays. However, this may depend on the  local economy, specific neighborhood, and school district. It is always best to discuss specifics with reputable real estate agents like Tom Ullrich – RE/MAX.

Should You Buy or Sell Your House in Colorado Before School Starts

Posted on by Beth

Should You Buy or Sell Your House in Colorado Before School Starts

If you live in Colorado, deciding when to buy or sell a home depends on when it is the easiest and more convenient for you.

If you have kids that go to school, spring and summer is probably the best season to do this, because school is out and relocating is more tangible and convenient.  Besides, nice weather is also conductive for starting house haunting.

Lennar Heritage Todd Creek realtor helps you find your home at the right time

However, it is not a bad idea to also take into account statistics that reveal the best months to buy or sell a home, in different cities of Colorado.  In this way, you can easily find out that June and July are the best months in Fort Collins and Aurora, May is the best month in Denver, while November-December may bring you the best results if you live in Greeley or Boulder.

According to a local Lennar Heritage Todd Creek realtor, overall, the fastest month to sell in Colorado remains June, with an average of 19 days on DOM. Talk to Tom Ullrich for additional market details.

As far as the best days of the week  for sitting down and  perusing listings,  weekends are definitely in the top, mostly for the same reason:  you do not have to worry  about kids going to school or you going to work.

 

Is July the Best Time to Buy a House in Colorado?

Posted on by Beth

Is July the Best Time to Buy a House in Colorado?

In determining when the best time to move to Colorado might be, there are a lot of pitfalls you will have to be mindful of. After  all, it does not do to try to get a good price when everyone is bidding, nor is it a good idea to buy your new dream home before winter, when time is short and you might not get all the renovation or finish work completed before the freeze sets in.

new homes 80016

 

The best approach you might have is to determine when the busiest months are, and aim to start bidding about a month after that time. In Colorado, the busiest and most competitive time of the year, when it comes to real estate purchases, is around the beginning of spring and the start of June. By the end of June, according to some realtors, things start settling down, so July is actually the best time of the year to look at Colorado new homes 80016 listings.

Now, you might think that August through October is also good. However, while August still works, it can lead to a few rushed projects, and if there are delays due to bad weather, the decision of waiting too long can come back to haunt you. Moreover, buying a new home and moving in is not going to be a straightforward business, nor is finding your new dream home. If you account for the amount of time needed to locate a realtor, find a house, negotiate, buy, move in and renovate, the only practical time to start all that is still the month of July.

Books Written to Support the Home Buying Experience

Posted on by Beth

Books Written to Support the Home Buying Experience

Tom Ullrich - Remax

Buying a home is a huge investment and can prove to be a complicated process for people who are not sufficiently prepared. There are many details and operations involved in a real estate transaction and, if you are not careful or lack the necessary experience, you might lose focus and make uninspired decisions, which, over time, may prove to be catastrophic. This is definitely to be avoided, so you should inform yourself about the whole home buying process before making an investment. Fortunately, information is everywhere and there is a lot of literature written to support the home buying experience. Here are our recommendations:

  1. “Real Estate Smart” (M. Parker)
  2. “Buying a Home: The Missing Manual” (N. Conner)
  3. “Tips and Traps When Buying a Home” (A. S Park)
  4. “ Your First Home” (G. Keller, D. Jenks, J. Papasan)
  5. “Keep Calm … It’s Just Real Estate” (E. Sherrod)
  6. “The Mortgage Encyclopedia” (J. Guttentag)
  7. “House Keys” (L. Turner)
  8. “The Big Ass Book of Home Décor” (M. Montano)
  9. “Finding the Uncommon Deal” (A. Leitman Bailey)
  10. “Home Rich” (G. Willis)
  11. “Buying a Home” (A. Musgrave)
  12. “Buying a Home in Texas” (A. Musgrave)
  13. “Tips and Traps When Buying a Home” (R. Irwin)
  14. “Home Buying For Dummies” (E. Tyson, R. Brown)
  15. “No Nonsense Real Estate” (A. Goldstein)

If you would like to speak to someone who has 35+ years in the industry, call Tom Ullrich – RE/MAX. Tom adds a personal touch to the real estate business through his honesty, experience, and character. He works with care and integrity to make sure all his clients receive the upmost service.

Things First-time Home Buyers Should Consider

Posted on by Beth

Things First-time Home Buyers Should Consider

Many dream for years to have the perfect house, with lawn in the front garden and a few rooms upstairs. Beyond the general aspect of the building, there are different other elements that provide important clues about the value of the property. It is essential to understand the steps to take when buying a home, the hidden costs and other important things you need to pay attention to. You certainly do not want to make hasty decisions, especially since it is your first property.

  1. Establish a budget

Before looking for a house for sale, you must carefully check your financial situation. Determine what you can afford and what will be the maximum budget available for such a transaction.

  1. Study the market

Tom Ullrich - Remax

Treat the choice of your first home with maximum responsibility and study the real estate market  – look at this for help https://www.remaxtom.com/ – long before placing an offer.

  1. Obtain a pre-approval of the credit

You may find a perfect home for sale, but if you do not know when you will get your loan and if you will get it, you risk losing the opportunity to purchase it, because homeowners do not wait until you get your approval, as there are plenty of other interested buyers. So, go through the credit pre-approval process before you make any real estate transaction.

  1. Call a real estate agent

Even if you want to avoid paying commissions to an agent, remember that this is your first home. A skilled professional will find properties that fit your budget and requirements and facilitate negotiations between you and the seller.

 

How to Choose the Best Neighborhood for Your Family

Posted on by Beth

How to Choose the Best Neighborhood for Your Family

Heritage Todd Creek real estate

When you choose a house to move into with your family, you choose not only a property with a building and a yard – you also choose a neighborhood. As a matter of fact, the neighborhood where your new home is located is as important as the size of your patio or the comfort of your rooms. Family home Heritage Todd Creek real estate is a great place to start your search, with the help of real estate agent Tom Ullrich. He can help you:

  • Establish your priorities – to be able to find the best neighborhood, you need to know exactly what features you need. Think about the availability of schools for your kids, entertainment options, the possibilities to spend time outdoors, the amount of commuting that you will need to do on a daily basis;
  • Define the compromises that you are willing to make – if you find a home that is perfect in every way, but the neighborhood can be better, don’t move on with your search, determine whether there are reasonable compromises that you can make without making your life more difficult and buy the property;
  • Profile the neighborhoods – when you find a suitable property, create a profile of the neighborhood where the property is located and evaluate your findings in terms of your priorities.