Keats Ann Scott, CRS
Colorado Dreams
I can send you a list of everything currently for sale in
Summit County, just ask.
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I can send you a list of everything currently for sale in
Summit County, just ask. |
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Colorado Dreams |
Colorado Dreams Broker June 2009 Newsletter ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
in this issue We are having a fantastic and beautiful spring. The week of rain made everything green and gorgeous. Lots of wild flowers and snow on the peaks - perfect for pictures. It's a good time to be checking out property in Summit County too. I'm seeing some pretty good discounts. Denver Rebounding? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ This is good news. Denver has made the national media in a positive light. A couple weeks ago Barbara Corcoran, NBC's Today Show real estate contributor said Denver was number one of the nation's cities on the verge of recovery. The indicators that a city is on the rebound include job growth, population growth, good weather, lots of first-time homebuyers, no overbuilding of condos or offices, a vital downtown where people can live without a car, a well-educated population and a large number of foreclosures coming early in the cycle. "Everything about the city is pointing up, up, up," Corcoran said of Denver. When Denver recovers, Summit County is next in line. Update on my listings ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Own a Piece of Heaven This is a unique building site near Cataract Creek. Adjacent to forest service land and just a short walk to the Green Mountain Reservoir. A well has been drilled and a septic is in place. Two acres for $380,000. More info at http://www.coloradodreams.com/5552heeney.htm Lake Cottage These sellers are serious and ready to sell now. They have reduced the price on this cabin to $395,000. This is a chance for you to own your very own lake cottage in Heeney. Knotty pine throughout, it's the quintessential lake cottage. A large open living area with lake views opening to a giant deck. Eat-in kitchen with all the modern conveniences (unusual for Heeney). The antique cookstove which is used as woodstove in the living area is a real charmer. One bedroom and a bath with shower on the main level, downstairs is a small family room, two bedrooms and a full bath with claw foot tub. There is also inside storage for a small boat or other toys and workshop. The location is almost on the shore of the Green Mountain Reservoir. Adjacent to forest service land, only about 150 feet from the lake shore (when the reservoir is full). The seller is part owner in a dock too. Give me a call to see this home. More info plus the tour on my web site $395,000. In Blue Valley Acres $290,000. Five bedroom, two bath home. Enjoy lots of space inside and out. Traditional two story floor plan with four bedrooms and a bath upstairs and another bedroom on the main level. Freshly painted kitchen and living room. Lots of updates with new decks, windows, siding and kitchen tile. The full basement works great as a workshop and extra storage. Outside is a three bay garage with heavy duty 220 wiring and other features. Blue Valley Acres is a sportsman's paradise with private fishing rights on the Blue River, hunting, snowmobiling and lake activities nearby. Here are some pictures. This home is now Under Contract Heeney Cabin with fantastic views Around 1300 square feet this "A frame" style cabin has one small bedroom on the main floor, a loft and two other rooms on the lower walk-out level. Nice roomy living area with gas fireplace and lake views. It's priced at $295,000. You can see more pictures on my web site at http://www.coloradodreams.com/94happylanding.htm Heeney Property For Sale Currently the liquor store and bait shop. Almost an acre of land, three buildings, the business and fixtures. The buyer will purchase the inventory separately. You aren't limited to liquor store and bait shop, B-1 zoning has lots of options. It's possible for the owners to live on the premises too. $350,000. More Info Don't miss this Opportunity ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ There haven't been a whole lot of sales this winter and spring. The buyers who are venturing out into the market are getting some pretty good deals. As I mentioned last month, some sellers are willing to give some good discounts because they have owned the property several years and have a lot of equity. What seems like a big discount - let's say a price where similar properties were selling in 2007, can be a good return to the seller and a deal for the buyer too. Each seller is different - but if it looks like there's a chance - make an offer. Soon, next month or next year, the word will get out that there are bargains to be had. That's when everyone gets on the band wagon and the market shifts. In the meantime you could be getting your own bargain, and get the best return, being able to enjoy the property now. As an example I did a quick search in the mls comparing some properties currently for sale with a similar unit that sold in the last couple years.
Lender News ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Rates are in flux right now. Just to give you and idea, with good credit (720 credit score or above) the rate would be around 5.375% on a 30 year loan for a single family home. But these rates are changing daily so give me a call. First time home buyers are taking advantage of the $8000 tax credit they will get if they purchase a home this year. The rates are changing daily and vary depending on the property type, credit scores and documentation required. Call me, I work with lots of good lenders. If you would like to know what you can qualify for just give me a call or email and I'll put you in touch with some of them. Search the Summit County MLS ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ You can search everything for sale in the Summit County MLS from my web site at: www.coloradodreams.com/idx.htm Call me (or email) if you would like the latest list of everything currently for sale. Check out my Blog ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The address for the Blog is: http://keatsannscott.blogspot.com/ In theory it should be a good place to see updates on the market and things happening in Summit County, rather than waiting for this newsletter. I would love it if you would leave a comment.
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