Selling

Selling

Do HOAs Affect Home Values?

Posted by on Oct 12, 2014 in Featured, Money Matters, Sell, Trends | 0 comments

Do HOAs Affect Home Values?

Research suggests that HOA’s have an effect on home values – almost always for the better. “Theory does suggest that  HOAs increase home value. The rights and responsibilities that come with an HOA affect a home’s value, just as do the number of  bedrooms and the quality of the local schools.  A great house in a community with a poorly designed or badly managed HOA is a great house in a bad neighborhood.” – Amanda Agan and Alexander Tabarrok , George Mason University. The Downside Since most homes built in...

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The Appraisal: 10 things your broker should do

Posted by on Sep 11, 2014 in Featured, For Sale, Sell, Tips for Sellers, Working with Brokers | 0 comments

The Appraisal:  10 things your broker should do

Appraisals are sometimes a source of confusion for both Buyers and Sellers, but usually for different reasons. Review:  an appraisal is an opinion of value prepared by an authorized person.  In Colorado, Appraisers are licensed and regulated by the State. There are different levels of licensure, depending on the qualifications of the Appraiser. Buyers sometimes think that the appraisal will “protect” them from overpaying.  There is a clause in the contract, after all, that says in effect: “if the appraisal doesn’t come...

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Choosing Paint Colors in Winston Downs

Posted by on Mar 8, 2014 in Get Ready, Sell, Tips for Sellers | 0 comments

Choosing Paint Colors in Winston Downs

Why paint your house? Seller’s will often ask a broker what should be done to prepare their home to sell.  A good place to start is with “street appeal”: the first impression of your home as the buyer drives up.  Yes, I’ve had buyers who wouldn’t get out of the car . . . don’t be that house, even if you’re leaving some things “as is” in other parts of the house. Exterior painting isn’t cheap to do right – the best painters spend a lot of time preparing (scraping, caulking,...

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Schools: What Buyers Want

Posted by on Dec 11, 2013 in Living, Schools, Tips for Sellers | 0 comments

Schools: What Buyers Want

A house is a collection of desirable characteristics: shelter, comfort, and location. School quality is a locational characteristic that influences home values. Research shows us that homebuyers are not only aware of differences in school quality but also have revealed their preferences for higher quality schools by paying a premium for their home. This premium for school quality is among the most imp0rtant factors in determining home prices. (Neighborhood School Characteristics: What Signals Quality to Homebuyers? Kathy J. Hayes, Research...

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What is the Hottest Price Range?

Posted by on Jul 15, 2013 in Sold, Tips for Buyers, Tips for Sellers, Trends | 0 comments

What is the Hottest Price Range?

The hottest price range in Denver is where the most sales are happening, where homes sell overnight and Sellers get multiple full-price offers. This is good information for both buyers and sellers: buyers need to know how competitive the market will be for them; and sellers can use this information to best position their home price for a quick sale. Price Buckets A price bucket is just a way to group products by price.  For example homes between $150-250,000 might be one bucket, $250-300,000 the next, etc. You can make the buckets any...

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