What to look for when buying your home.

What to Look for when Buying a Home

While a house can be a great financial investment, make sure you can see yourself enjoying your life there.

Does the house look and feel like home?

Your impression of a house is important. As you walk up to the front door, opening it, ask yourself, “Could this really be home for me?” This is an important factor, one you should not ignore. Remember that you are looking for a place to live for quite some time.
Ignore the furnishings and the taste of the current owner. Go beyond that and look at the layout of the house, its shape and the position of the house in relation to the street. Are the ceilings too low for you? Are you too close to the street?
You might also simply feel uncomfortable when you walk in the door. Perhaps you can’t put your finger on why but you aren’t happy. Trust your instincts.

Does the house have the space you need?

Figure out how many bedrooms and bathrooms you really need. Depending on the size of your family, there are a certain number of bedrooms and bathrooms necessary for comfortable living. For instance, do you really want to share a single bathroom with your spouse and three children?
Try to picture the routine of your family as it would fit into this house. If you have children, do they have a place to play? If you like to garden, is there a spot in the yard suitable for your needs?
Some families like to hang out in the kitchen while meals are being prepared. If this is your family tradition, is this home’s kitchen big enough for that?
Will your family change in the future? If you’re planning to have more children, consider their space requirements now. Take a look at the house with the future in mind. Will it continue to serve your needs, or will it become too small or too big? You’re better off not buying a house that will need major remodeling in the future.

Will your furniture fit?

In most cases you will want to move in furniture you already own. Will you be able to put your favorite couch in the living room and the dining set in the dining room? If you own a king-size mattress, will it crowd the room making movement nearly impossible?
If you’re moving from an apartment or home that is much smaller, your current furniture might not be right for your new home. You may need to buy new things.

Does the house have important features you need?

In addition to the usual requirements, your family has unique needs. If you have children, you probably want a fenced-in yard. If physical fitness is a priority, a pool or special workout room may be a necessity. Evaluate the house in terms of your daily routine.

Is it close enough to work?

When people fall in love with a home they often forget about the commute times to their work and other family activities. Find out how long the drive times will be and make sure you’re comfortable with them.

Real estate now!

Granite countertops, stainless steel appliances, hardwood floors throughout, an indoor/outdoor fireplace, and a newly remodeled master bath—it sounds perfect! And it might very well be, but these days in Denver’s hot real estate market, by the time you contact your real estate agent, your perfect home may already be gone.

According to Redfin, Denver is the 11th fastest real estate market in the country. Last quarter’s report from Fuller Sotheby’s International Realty reported a 41 % decrease in inventory from the previous year and a 17.7% increase in home sales, and the average days a home was on the market dropped from 87 to 54.

When tracking listings, offers, and closed sales for one week (September 30 to October 6) to see what was really happening we find that Denver had 234 homes that were listed, 274 owners accepted offers, and 245 closed. This is one great way to gauge how fast the market is moving homes in Denver and surrounding areas.

All of these are a major factor in your next home purchase. Many of these homes have gotten multiple offers for sellers to chose from. So when preparing your offer as a buyer, make sure you are bringing your A game. Be prepared to make the best offer you can. Keep in mind that your agent is your wingman and aficionado. Hire me and I will be there to protect your best interest!

Looking for a new home??

Are you looking to buy a new home?

If you are looking to purchase a home in the Denver, Colorado area, you might want to look into buying a home in Lone Tree or Highlands Ranch(HR). An astonishing 97% of the residents would recommend living here, and there are a variety of reasons why residents love their community so much.

-small town With BIG CITY Opportunities
With roughly 11,400 residents in Lone Tree and 96,000 in HR there is a small town feel allowing you to get the benefits of a smaller communities. Despite the small town feel, Lone Tree and HR have many business opportunities. Lone Tree is home to Sky Ridge Medical Center, the first hospital in Douglas County and a hospital noted for using the latest technology. Also Lucent Technologies was one of the first major corporations to move to HR and still calls it home today. Lone Tree and HR are filled with career opportunities from finding your dream job to prospering your dreams and creating your new business idea with success. With Denver only roughly half an hour away and the Rocky Mountains nearby as well, big city excitement and entertainment or quiet, scenic, mountain air is what you need you are just moments away.

-Shopping and Dining
When you are ready to go shopping there a many places to choose from. Park Meadows is a state of the art shopping center with over 150 stores in and around the area. You are sure to find what you are looking for. Don’t forget to get over to the new giant Ikea store across from park meadows as well. But maybe you want some outdoor shopping, then head 15 min south on I-25 and visit the Castle Rock outlets. With these great prices you will have a fabulous shopping experience. Lone Tree and HR have amazing dining cuisine from around the worlds a well. Some restaurants include PF Changs, The Cheesecake Factory, Yard House, White Chocolate Grill, Red Robbin, Champs, and many others to satisfy your palate.

– Indoor and outdoor
Lone Tree and HR have an assortment of parks and trails for the outdoor enthusiast. Lone Tree also has SkyVenture Colorado, an indoor skydiving facility catering to people of all ages who don’t want a splat at the end to be a factor. The Lone Tree and HR Recreational Centers provide residents with indoor/outdoor pools, water slides, indoor tracks, indoor/outdoor tennis courts and many other amenities that supply recreational fun for the whole year. If golfing is your thing you can find many challenging courses throughout, and the Castle Pines senior PGA course isn’t far away either.

-Enjoy the Arts
The Lone Tree Arts Center provides the community with tickets to a variety of shows including musical performances, dancing, and plays. HR has new events weekly, from farmers markets to wine 101 and a movie, and also the summer concert series. Check in with the calendar and see what’s going on this week. While some performances cost money, there are also free ones for the communities too. Lone Tree and HR also have many other opportunities for community members to enjoy the arts. With wonderful libraries, large movie theaters and the Lone Tree Symphony Orchestra, these are communities that really have a passion for the arts.

If you are interested in looking into moving to Lone Tree, Highlands Ranch or any of the surrounding areas, I would be honored to serve you in your search to find the perfect place to live. Contact me so we can get started on finding your new home.

Foreclosures still a big impact.

In today’s market one could easily be drawn into a fast sale, ever growing prices and happy clients. But we all soon forget all to quickly the dimmer side of real estate, the foreclosure.

We are seeing foreclosures to still be as prevalent as ever to our market. Should you have to go through a foreclosure you can look out a far as 5-7 years before your buying credit will be back on useable terms to lenders with out exponentially higher rates. Don’t even dream of buying another home within that time.

There are a lot of the banks that have been sitting on homes ready for foreclosure because of their excessive backlog of homes and transactions they already have to go through.

Could this be good for you? If you are a home owner on it could be your answer. Here are a few ways that your troubles could be solved, a short sale, a normal sale, mortgage restructure/loan modification, or refinance to name a few.

So in lew of brighter futures ahead, if you or your loved ones are finding yourself in this burdensome situation please contact us to see how we can help you. We pride ourselves in being problem solvers for our clients.

Andrew with The Denver Realty Company
303-726-8434 or Andrew@TheDenverRealtyCompany.com

Highlands Ranch Top Booming Suburbs!

Highlands Ranch Is A Booming Suburb 

Howard Pankratz wrote an article in The Denver Post on Wednesday June 26th. The article entitled Highlands Ranch Colorado’s “Top Booming Suburb” talked about how Highlands Ranch is a booming suburb in Colorado. It is not in the top 10 in the United States, but was given a score of 909.81 by Coldweld Banker Real Estate. The top city with a score of 1,000 was Cottage Lake, Washington.

This great suburb is no stranger to lists of top places to live. On CNN Money’s Best Places to Live which came out on September of 2012 Highlands Ranch was ranked 21st out of 100 small cities across America. This article talked about HR’s state-of-the-art recreation center to the golf courses within HR as being parts that make this suburb a great place to live. HR was also in an article written in 2010 by Business Weekly as Colorado’s best place to raise children.

Here are the year-over-year average prices as listed on trulia.com. Highlands Ranch has had great growth since last year at 8.5% for all homes up to 4 bedrooms. Many of the homeowners selling today are experiencing multiple offers and higher than asking prices with those offers. In 2008 HR had seen sales drop from 1000 sales per month to under 500 sales per month. As we come into the midway point in 2013 we are seeing those numbers getting back to 1000 sales per month.

No. Bedrooms

Mar – May ’13

y-o-y

3 months prior

1 year prior

5 years prior

1 bedroom
2 bedrooms $239,000 +6.2% $234,000 $225,000 $225,900
3 bedrooms $297,100 +10.9% $280,000 $268,000 $265,500
4 bedrooms $414,850 +10.8% $387,450 $374,500 $398,500

All properties

$323,000

+8.5%

$310,000

$297,700

$298,650

 

Chart taken from trulia.com

With all that there is to do in Highlands Ranch no wonder they are recognized as a popular area. From open spaces to parks to a great schooling district to new stores and homes developing HR is a thriving community. Overall Highlands Ranch is a great community for many people; there is something for everyone to enjoy. The Denver Realty Company is your source for all your real estate needs and questions about Highlands Ranch and the Denver Metro Area.

America’s Birthday 4th of July

Since I am working out the issues with my google calendar and wordpress account I decided to post events for the 4th of July in a post.

Here are some events that are happening in your area. I also attached a link since that will have more information for you.

Please have a safe and fun fourth of July.

Highlands Ranch- They are having a lot of events that day. Both town center north and south will be having events. From runs to parades check out their website for more information.Highlands Ranch Event

Lone Tree- They are having an event from 4pm-10pm. Check out their website.Lone Tree Event

Littleton- They are having an event from 3pm-10pm. Check out the website for the location and events.Littleton Event

South Jefferson County- They are having their event on July 3rd! It is called Red, White, and You and is from 5pm-10pm. Check out their website for details.South Jeffco Event

Denver- They are having fireworks show on July 3rd at the civic center park at 8pm. Here is the link for the information. civic center eventCheeseman Park Parade on July 4th at 10am. Here is the information.Cheeseman Event Lower Highland Area is having a parade as well. July 4th at 9:30am here is the information.Lower Highland Event

Golden- They are hold several events on the 4th starting at 12pm. Here it the link for the details.Golden 4th of July

Aurora- They will be having a fireworks show. July 4th at 6:30pm. Look at their website for details.Aurora Events

Northglenn- They are doing lots of things. They will be having a car show to bake sale to fireworks display. Here is the link for the details.Northglenn Event

american flag

About Me

I am an associate broker with The Denver Realty Company. My passion is to assist people to create a win/win situation for buyers and sellers with negotiations, contract prep, information, home searches, CMA’s (the value of a house), and closings in both personal and investment transactions.

I have always had a passion for real estate and helping people this is why I joined The Denver Realty Company. We are always available to our clients in one way or another which makes us a stronger company for you because we are ALL here to serve you.

I have had many mentors in the real estate field since 2008 and have experienced some ups and downs in real estate. My mentors have ranged from local (4 or less properties) to national investors (million dollar bulk package deals) so what ever you are looking for I am prepared.

Things I want to do within real estate is to provide the best service in the south Denver suburbs (Highlands Ranch, Lone Tree, Littleton, and South Jefferson County) as well as the entire Denver metro area.. I am the person you look to to get information about homes, what is happening in the area, and assisting in any way to help sell and/or buy your next home.

As your real estate agent I will not beat around the bush, give you ALL the facts, and be crucial to you in your home buying\selling experience.