Things are interesting..

Weblog

Hello,

My name is Linda Schneider and this is my blog. I appreciate you taking a minute to stop by and read my daily ramblings! Within you will find that I have some pretty interesting thoughts on a variety of subjects, especially real estate in Estes Park, Colorado.

 

Aug 14, 2010

How is the real estate market in the ESTES PARK,LOVELAND, LONGMONT, DRAKE, ALLENSPARK areas these days?

In a tough real estate market where competition fo buyers is high, a Seller should consider offering an increnatives to encourage a buyer to choose your property. Here's a few ideas:


     

Offer a Decorating Allowance
There may be a buyer that likes your home but just has different decorating tastes. To seal the deal, offer a decorating allowance (for painting, new carpets or wallpaper). You can offer cash at closing, or put money in escrow to reimburse decorating and remodeling expenses made within 90 days of closing, up to a maximum amount.

2. Do a Pre-Sale Inspection

This actually works for both the seller and the buyer. By having a whole house inspection done before listing the house, you get a chance to address any issues before prospects see the home. That means you increase the homes saleability. Display the report during open houses and highlight the repairs that have already been addressed. It's like seeing the repair history when you buy a used car; it makes you feel better about making an offer because you know the car is in good shape and exactly what has been repaired in the past. By having the home inspected before listing it, people don't have to guess what kind of condition it is in, they can see it in writing.

3. Offer a Home Warranty

A home warranty reassures the buyer that the property is in top condition and gives them comfort knowing that certain future repairs will be covered by insurance. Buyers fear that as soon as they buy the house the dishwasher, dryer, or stove will go on the fritz. A home warranty is an inexpensive way to offer peace of mind to the buyer.

4. Cover Closing Costs
Sometimes it takes a little nudge to close the deal. You can offer to pay the buyers half of title and escrow fees, or pre-paid interest charges. Paying the points on the loan may also be a tax deduction for you. Many lenders may limit how much of the closing costs you can pay, but if the buyer is short of cash, offering to pay some closing costs can make a difference.

5. Offer Seller Financing
There are many ways to offer seller financing. Options include putting funds in escrow to cover several months of mortgage payments, buying down the mortgage rate, or carrying a second mortgage to cover the down payment. It is wise not to offer seller financing unless you have consulted a real estate attorney and your real estate agent. Make sure that the buyer has good credit. Although this is the least attractive option to the seller to get a deal closed, sometimes it takes creativity and going the extra mile to get your home sold.

Jul 23, 2010

current real estate stats

Hello to all!  Well, here it is the middle of the year.  It has been some time since I have updated you on the real estate market conditions of Estes Park and year to date statistics are shown below.


     

 


     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     

     

Current Active Property for sale


     

Median List Price


     

Average Number of Days on Market


     

291 Homes in the Estes area


     

$430,000


     

196


     

103 Homes outside of the Estes area


     

$299,999


     

154


     

150 Condos in the Estes area


     

$285,425


     

177


     

102 Parcels of Land in the Estes area


     

$199,900


     

427


     

52 Parcels of Land outside of the Estes area


     

$85,000


     

308


     

 


     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     

     

Current Pending Property


     

Median List Price


     

Average Number of Day on the Market


     

24 Homes in the Estes area


     

$354,900


     

127


     

7 Homes outside of the Estes area


     

$235,000


     

290


     

7 Condos in the Estes area


     

$323,000


     

134


     

2 Parcels of Land in the Estes area


     

$200,000


     

321


     

3 Parcels of Land outside of the Estes area


     

$117,500


     

80


     

 


     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     

     

Sold Property since 1/1/2010


     

Median Sold Price


     

Average Number of days on Market


     

66 Homes in the Estes area


     

$347,000


     

176


     

22 Homes outside of the Estes area


     

$225,000


     

171


     

38 Condos in the Estes area


     

$192,000


     

187


     

8 Parcels of Land in the Estes area


     

$123,375


     

201


     

11 Parcels of Land outside of the Estes area


     

$45,000


     

275


     

 


     

If you have plans of buying or selling property, now would be a great time to do so.  The Estes Park real estate market is very healthy, and I have many interested prospects.  If you are not interested right now, perhaps you know of someone else that might want to buy or sell real estate.  Please give them my name or pass my card along.


     

 


     

I look forward to working with you and if at any time you have questions, concerns or would like to say hello please don't hesitate to contact me.


     

Looking forward to seeing you,  Linda


     

Jun 14, 2010

How is the real estate market in the ESTES PARK area?

Year to date, there are 139 sales. Compared to the same period of time in 2009, there were 99 sales.  This includes sales in the Estes Valley, Glen Haven, Drake, Pinewood Springs, and the Allenspark area. 


     

Buyers realize that this area of Northern Colorado is a very good value and interest rates are still very low.

Jun 1, 2010

What areas surrounding ESTES PARK do you cover? Can you tell me a little about each?

I work the communities of Allenspark, Meeker Park, Pinewood Springs, Glen Haven, Drake and Lyons. These areas surround Estes Park.  


     

Allenspark is a quaint little mountain town located on the Peak to Peak Highway, about 16 miles from Estes Park.


     

Meeker Park is a few miles closer to Estes Park, and located in the Tahosa Valley.


     

Pinewood Springs is located along Highway 36, between Estes Park and Lyons. A rural, mountain community that offers privacy and seclusion yet a short drive to larger towns and front range communities.


     

Glen Haven, located just a short 8 miles drive from Estes Park, this another quaint mountain town, home to the historic Glen Haven Inn. And the country store makes the best homemade cinnamon rolls!


     

Drake is located at the intersection of Highway 34 and County Road 43, in the Big Thompson Canyon. This area is east of Estes Park and you will find some of the best trout fishing in the area!

May 12, 2010

new website

Welcome to my new website! I hope you find answers to your many real estate questions. Any suggestions are appreciated to make this website more helpful, is appreciated.