Category Archives: 100 Real Estate & Relocation Tips

100 Denver Real Estate and Relocation Tips in 100 Days Summarized

100in100denver-real-estate-tips It was a blog marathon of sorts, Larry and I compiled a list of topics and then day by day wrote about Denver Real estate, buying and selling homes and whatever we felt a consumer would like to know about the area.  It was tough to keep on schedule but we did it, never missing a day but admittedly just barely making the deadline on occasion.  Here are the links to the series, all 100 of them!

  1. Colorado Economic Base
  2. Colorado’s Economic Base – Part 2
  3. Denver Walk Score
  4. What County Are You In?
  5. Buying the Right Map
  6. Finding Your Way Around Denver Without a Map
  7. Denver Zip Code Map
  8. Attorney Not Required
  9. Denver Area Employment Centers – Downtown to DTC
  10. Denver Employment Centers DTC to West
  11. New Home Builders
  12. Location, Location, Location
  13. Denver Area Home Owner Associations
  14. Natural Disasters and Other Things That Go Bump in the Night!
  15. Pick the Park
  16. Absorption Rate Reveals Strategy for Pricing
  17. Where are the Trees?
  18. Real Estate Contracts
  19. Bring the Dog
  20. Computing Real Time Commuting
  21. Let Google Plan Your Commute
  22. Sewer Line Inspections Can Be Your Insurance
  23. Pre-search Exercises for Eager House Hunters
  24. To Rent or Buy, that is the Question
  25. Real Estate Property Taxes in Colorado
  26. Denver’s Transportation Hub
  27. Living in Colorado Means Learning to Cook at High Altitude
  28. Buckley Air Force Base
  29. Evaluating Colorado School Distracts
  30. FREX
  31. Denver Water – Where Does It Come From?
  32. International Baccalaureate Schools in Metro Denver
  33. Government Overlay or “What About That Zip Code?”
  34. Where in the World is Denver?
  35. How REALTORS Get Paid
  36. Things Not to do When Buying A House!
  37. Defining the School Districts of Metro Denver
  38. Clues for Cutting Moving Expenses
  39. Negotiation Tips From a Furry friend
  40. Look Up! It’s a Matter of Perspective
  41. Denver’s Professional Sports Teams
  42. Choosing A Neighborhood
  43. Bats in the Belfry? Another Good Reason for Homes Inspections!
  44. Denver Does 10-Digit Dialing
  45. Free Skiing for 5th Graders
  46. The Top 10 Things to Consider in a Real Estate Contract
  47. Denver’s Top Selling Neighborhoods in 2009 (First Quarter)
  48. How to Buy A Bank Owned Home in Denver, Colorado
  49. Bank Owned Property Undressed
  50. Default! What Happens Next?
  51. Pop goes the top, or not!
  52. Where Can I Park My Horse?
  53. What did They Pay for It?
  54. More Sports? Denver is A Sporty Town!
  55. What to Look For When Walking Through a Home
  56. The Four Seasons in Denver
  57. Open Doors Denver
  58. Your Vehicle and Driving in Colorado
  59. Parking Your Plane in Denver
  60. Denver’s Walkable Neighborhoods
  61. Sex Offenders and Your Home Buying Experience
  62. Denver Area Hospitals
  63. Parking Your Money
  64. Open Houses and Agency – Who Represents Who!
  65. New Colorado Law ~ Carbon Monoxide Alarms
  66. Denver Federal Center
  67. Denver Culture
  68. Malls and Main Street of Denver and the ‘burbs
  69. Denver Does Basements, not Dungeons!
  70. Home Builder Warranty
  71. Colleges and Universities in the Metro Denver Area
  72. The Deadly Sins of Selling Your Home
  73. Selling Your Home the Importance of a Sign in the Yard!
  74. Denver Survey on Zoning
  75. Getting to Know Denver
  76. Denver’s Light Rail Transportation System
  77. Transit Oriented Developments
  78. Are Your Ready to Buy a Home?
  79. Lies, Life, and Stuff Happens
  80. Crowd Sourcing Your Home Purchase
  81. Mountain vs. Suburban  Living
  82. Mold in Metro Denver Homes
  83. Congratulations! You are Under Contract!
  84. Golf Course Living in Metro Denver
  85. Radon Gas in Colorado
  86. Ten of the Top 20 Contract Mistakes
  87. The Ten Points of the Home Valuation Code of Conduct (HVCC)
  88. Downtown Denver Update
  89. Over Priced Homes
  90. Hunting Houses
  91. Preparing an Offer to Buy
  92. How To Find the Best Value in a Home
  93. Colorado Does Recreations Centers Nicely
  94. Negotiating a Closing for a Distant Date
  95. State Parks Near Denver
  96. There’s No Such Thing as “As Is”
  97. Housing as Commodities, the Housing Bottom Short Sales and Foreclosures
  98. Denver Parks
  99. Anschutz Medical Campus in Aurora, Colorado
  100. Are You Searching Smarter?

Quick and Easy State Parks

100 Real Estate and Relocation Tips in 100 Days (Day 95)

With the understandable attention given to Colorado’s 4 National Parks (Rocky Mountain, Mesa Verde, Great Sand Dunes, and Black Canyon of the Gunnison), and a plethora of National Monuments, Historic Sites, and 11 National Forests, it is easy to overlook Colorado’s fabulous State Park System. There are 42 State Parks, 8 of them within an hour’s drive of Metropolitan Denver. A 12 month vehicle pass costs only $60.00, truly a bargain for the family looking for close to the city fun. Starting from due north and working toward the east, we have:

St. Vrain State Park, located just north of Denver, this park is popular for birding, hiking, and human powered boating.

Barr Lake State Park. This popular park located just outside of the Adams County Seat of Brighton, boasts a nature center, large lake, wildlife, and an extensive train system.

Cherry Creek State Park. This very popular State Park, located in the southeast metro area, has many kinds of activities, such as horseback riding, cycling, swimming, and of course sail and power boating.

Castlewood Canyon State Park, located just south of Parker, this natural canyon cut by Cherry Creek, is the site of the ill-fated Castlewood Dam, which burst in 1993, flooding Denver. The Visitor Center plays a movie of the dam’s history, and many trails are popular with local hikers.

Roxborough State Park, located southwest of the city, just beyond Arrowhead Golf Course, Roxborough contains some of the state’s most spectacular scenery. Red rock formations on a par with The Garden of the Gods in Colorado Springs are truly breathtaking. Camping is not permitted, but numerous trails crisscross the park, providing the photographer with ample opportunity.

Chatfield State Park. Chatfield Dam, constructed after the devastating 1965 flooding of the Platte River, is now the site for another edge of the city park, offering boating, camping, cycling, and many other activities, including the a launch site for hot air balloons.

Golden Gate Canyon State Park, just west and north of Golden, Colorado, offers 12,000 acres of forested mountain terrain. Numerous group facilities allow for gatherings of all sizes, plus camping, hiking, and horseback riding, all just 30 miles from Denver, make this one of the jewels of the state park system.

Eldorado Canyon State Park, can be found just south of Boulder, Colorado. This park features slabs of sheer vertical sandstone, popular with rock climbers.

There are 34 other state parks, featuring boating, camping, wildlife habitats, and all manner of activities suited for that particular park. For a complete list and information about all of Colorado’s wonderful state parks.

Negotiating a Closing For a Distant Date

100 Real Estate and Relocation Tips in 100 Days (Day 94)

There are five main items buyers and sellers of real estate negotiate on a sale of a home.  One of the most critical is the closing date.

Buyers often have a good reason to want to purchase a home and then have a long time to wait until closing. This gives them time to plan, pack and prepare to move.

There’s nothing wrong with wanting to have a time buffer to get all the millions of details it seems to entail when moving to a new home. But, this reasoning is often at complete odds with the seller of the home.

Let me explain.

If a buyer finds a home say 3 or 4 months before they want to move, most likely the seller will want to move within 1 to 2 months of the contract date.  The difference of 1  or 2 months is huge when you consider the seller’s perspective.

During that time many things can happen. The buyer can change their mind, lose a job, or any number of other reasons.   When this happens the seller not only loses out on the sale of their home, but valuable marketing time.

Even with a buyer who is steadfast and solid in life the seller most often will refuse a far out closing date.

Why? The risk is just to great to assume.

But, there are ways to make both sides of the contract happy.  Here’s a suggestion, why not have the buyer perform all the inspections, appraisals and loan commitment.  When done the earnest money becomes what we call “hard.”

Hard means if the buyer  does not perform, for ANY reason the seller is given the earnest money.  Of course the earnest money needs to be substantial enough to make it attractive to him.

By offering this solution the buyer is removing the risk for the seller.

Colorado Does Recreation Centers Nicely

100 Real Estate and Relocation Tips in 100 Days (Day 93)

Swimming Pool in Lone Tree, Colorado

With the advent of summer, it’s time to get outside, The Denver area has all kinds of places to swim and play. Topping an expansive list is Water World the enormous water park in the northern suburb of Federal Heights. For something unique, the 104 year old pool at Eldorado Springs is filled with natural sprig water. Broomfield Bay Aquatic Park has lots of fun features and expansive grassy area for picnicking. For folks out west, there is The Splash at Fossil Trace in Golden. The new pool and play facility in Lone Tree’s Cook Creek Park opens early this summer.

The area abounds with recreation centers, which I have been told are a “Colorado thing”. Highlands Ranch has 4 huge facilities, all with pools and every type of indoor activity you can think of. The South Suburban Parks District operates a dozen great facilities, including the Lone Tree Recreation Center and the Family Sports Center near Centennial Airport. The Trails Recreation Center, located in the Piney Creek area of southeast Arapahoe County is a first class facility. Denver operates recreation centers all over the city, and Commerce City and Northglenn each have their own indoor sports facilities.

Many suburban neighborhoods have their own community pools, and the area has over 400 developed parks and expansive open spaces. Bicycling, amateur ice hockey, soft ball for all ages, pretty much everything you can do outside is part of the exciting background of Metropolitan Denver.

How To Find the Best Value in a Home

100 Real Estate and Relocation Tips in 100 Days (Day 93)

Value is in the mind of the buyer. How to find the best value for you is a process, a search if you will, but not as much of a discovery as enlightenment.

Let’s look at value from the seller’s perspective. A few sellers set a price based on what they want, and not on what the market is indicating. Most sellers set their price based on market information, known as comparable sales, with that information usually being provided by a Realtor®. Because appraisers determine value based on certain well defined strictures, most Realtors® attempt to provide their selling clients with market data similar to what an appraiser will use at the time of sale. Simply stated, that means very similar houses, in close proximity to the subject house, and sold in the past 90 days. A seller can gain a small edge by offering a house in very good condition, staged for showing, with the best terms of purchase available. As a buyer, the value proposition starts with that well maintained house offered at the market price. Prices set arbitrarily by a seller because that is what they want do not represent a good value.

As a buyer, you must first become acquainted with prices as they generally apply to house of the same type, size, and area as the most likely house you wish to buy. That will provide a framework for pricing, a component of value. A your search narrows, your agent can provide you with recent sold information, which will help you further define a most likely offering price.

With the pricing component coming into focus, other value concerns must be considered. Timing is of considerable importance. If you cannot move into your dream house until 30 days beyond your most convenient date, then the cost of that delay must be considered. If the house has deferred maintenance, then the cost of any repairs must be factored into your decision. Locational convenience must be considered. 5 minutes further from work is ten minutes a day, or 48 hours in a year. Children walking to school are preferable to a 30 minute bus ride. How far to shopping, parks, and all of the other things in you and your family’s life that require a venue other than your home?

There is of course value in a stable neighborhood verses a declining neighborhood. Proximity to transportation systems, top rated school districts, police and fire protection, all of these things affect value. While the final price is important, use care in not making price the sole deciding factor. Such a decision would definitely not represent good value