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Colorado Dreams Broker December 2009 Newsletter Summit County Colorado~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
in this issue May this holiday season find you blessed with family and friends who love you. I'm looking forward to a fantastic 2010. Bargain Hunting Summit County Real Estate ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ I participated in a "true" exchange of a couple properties in Wildernest. That's the first time in 23 years in real estate. It's rare because the buyer of the new property had to come up with a lot of cash. He got a good deal, which has made me think of the other "deals" out there. It really depends on the seller. Many have owned their property long enough that they are going to make money even if they take a big discount. Another seller may not be in that position. The only way to find out is to make an offer. Buyers are taking the plunge and getting the bargains. It's interesting to look at the sales price to list price ratio. Traditionally it was 95 to 97% of list. I just checked on single family homes and half duplexes so far this year it's 93%, condos/townhomes 95% and on land 86%. Last year the condos and homes were 96% and land 92%. Let me know if you would like to jump in. I can show you what the history of sales have been. Interest rates are great. Update on my listings ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
You can watch the winter lake activities from the A-Frame Cabin with fantastic views. Now priced at $265,000. More information. To see all of my listings including the 3 bedroom home just north of Silverthorne with access to the Blue River Read More Other Properties I've liked~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ I'm concentrating on Keystone this month. There are some great buys in resort condos. The lowest price in the area is a studio unit in Gateway. That's within walking distance if you don't mind a bit of a hike, the complex has underground parking, indoor pool and hot tub. This unit would do OK for short term rental too. At $164,900 it could just be your "crash pad". For a one bedroom unit this Flying Dutchman unit is good. $206,900, 657 square feet, fully furnished, ground floor. Flying Dutchman has beautiful grounds with outdoor heated pool, indoor hot tub, and on the Keystone shuttle route. Closer to the slopes is River Bank Lodge. This one bedroom has great views out to the Snake River and is a easy walk to the River Run Village shops and restaurants. I'm surprised this one hasn't sold - priced at $215,00. In the River Run Village there is a one bedroom listed in the Silver Mill Condominiums for $250,000. New furniture package READ MORE Lender News ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Rates are really great, but they vary depending on the property type, credit scores and documentation required. I hate to say it, but it seems like if you don't need a loan (in other words have great credit and a lot a assets) you will be able to get one without any problem. If you do need one, be prepared to give lots of documentation, for a condo you will need at least 25% down. 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. Go ahead and forward this email on to any friends and family who are interested in Summit County Colorado real estate. Your referral is the greatest compliment you can give me. My toll free number is 800-571-1091 or 970-485-0793 or send an email to keats@coloradodreams.com. If you are no longer interested in property in Summit County, just let me know. I'll take you off my mailing list. Happy New Year and Happy Holidays ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
I'm lucky my family comes to Heeney for Christmas, so if you are in Summit County for the holidays and want to check out some properties just give me a call 800-571-1091. Find me on Facebook ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Find me at http://www.facebook.keats.ann.scott.com
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