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 |
October 2008 Summit County Real Estate Newsletter ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
in this issue I think this has been one of the most beautiful autumns I ever remember in Summit County. I hope you had a chance to come up and experience our great weather and beautiful aspen trees. Even after the leaves are gone we usually have some really nice weather. There's still time to buy a condo in time for ski season. Can you take advantage of the current market? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ First I want to remind you, I've been selling real estate in Summit County for over 22 years. Though what the general economy is experiencing does seem like something new, we have had other times that outside factors affected what is happening in Summit County real estate. After September 11, 2001, the travel industry had a big downturn, that may happen again with tourists feeling they shouldn't spend money on a vacation. What I remember is one sale I made where the buyer offered $200,000 on a condo in Breckenridge listed for $250,000. The seller needed out (worked in the travel industry), and sold at big discount. In just a couple years the value on the condo more than doubled. By listening to the media it sounds like no one can get a loan. In talking to my local lenders who have been loaning in Summit County for years, that's not true. If a buyer has decent credit, has 20 to 25% to put down and the property qualifies it is possible to get a loan. When I talk about the property qualifying, on a condo any complex that has time shares or "front desk" will require a higher interest rate and maybe more down payment. So my bottom line is if you had been considering a property in Summit County, this is the time to buy. Update on my listings~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Lake Cottage you've been dreaming about. This home looks small from the street but your jaw will drop when you get inside. 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. More info plus the tour on my web site Silverthorne Townhome Two bedroom with one and 3/4 bath. This is a great starter property or a second home too. Located on a quiet street just a few blocks north of the Rec Center in Silverthorne. Large kitchen with sun room attached. Back yard is great for pets. No monthly association dues. Big price reduction $267,575 More Info Rainbow Village Condo Move right in and make yourself at home. Fully furnished two bedroom two bath condo across from Rainbow Park in Silverthorne. This can be your Summit County headquarters for hiking, skiing, biking and relaxing. A second floor unobstructed view of Red and Buffalo Mountains. Listed for $260,000 More Info Beautiful Log Home south of Breckenridge Priced at $639,000. Looking for the "cabin" in the woods? Here it is. Elegant and charming with a kitchen to die for. Three bedrooms, loft, family room, 2 and a half baths, 2448 square feet and an attached 2 car garage on a half acre about 8 miles south of Breckenridge. Information on this beautiful home and the tour. 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 Heeney Cabin with a view, but no plumbing. Small, 480 square foot cabin on a .22 acre lot at the south end of Heeney. Nice location set back from the lake. A few pictures are on my web site. $121,000. Under Contract due to close next week. The two bedroom in Buffalo Ridge sold for $292,000. Always for the latest information, check out the listings page on my web site. http://www.coloradodreams.com/listings.htm Lender News ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ I can't stress too much how important it is to use a lender who has experience lending in Summit County. Now it's more important than ever. Thirty year rates are around 6% 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. My toll free number is 800-571-1091 or 970-485-0793 or send an email to keats@coloradodreams.com.
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