Colorado Dreams
Keats Ann Scott, CRS
I can send you a list of everything currently for sale in Summit County, just ask.
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Colorado Dreams |
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Keats Ann Scott, CRS |
I can send you a list of everything currently for sale in Summit County, just ask. |
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Colorado Dreams
PO Box 2808
800-571-1091 |
Colorado Dreams Broker February/March 2006 Newsletter in this issue
-- Flexible Mortgages and Financing Options We still have snow- I'm thinking this may be the longest winter ever. This spring we may have more property on the market because the locals - Can't take it anymore! Just kidding! The snow is great, all you have to do is get out and play in it! Flexible Mortgages and Financing Options~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ It used to be when I talked to a second home buyer about loan options there were no choices. Twenty percent down was it. But things have changed. Now with a new group of loan products there are interest-only loans and payment -option ARM loans. These loans aren't for everyone, a buyer with the right circumstances may benefit from the flexible features these types of loans offer. Most buyers still prefer traditional fixed or adjustable rate mortgages. Depending on the circumstances, the non-traditional loan might be the better route. For example, someone who will be relocating in the near future or simply planning on owning the property for a couple years may find that an "interest-only" loan works for them. Remember there are risks, what if the market takes a dive and you don't have the equity to pay off the balance of the loan and closing costs when you sell. Other loan options are Adjustable Rate Mortgages (ARM's) these do pay toward the principal on the mortgage and float according to a pre set index, such as Treasury Bills. There are a lot more ARM options these days. If you have questions on all the different loan options give me a call, I'll put you in touch with my favorite lenders. Update on my listings~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Live and Work in Paradise I've co-listed Melodgy Lodge. Bed & Breakfast, Family/Corporate Retreat, Rental Cabins - these are a few of the options. Lodge building and 8 cabins. Owners live in the lodge with 2 bedroom apartment upstairs and a small store up front. Wonderful rural setting 18 miles north of Silverthorne. Adjacent to forest service and private ranches. Blue River is just a short distance out the back door. $899,900. More Info Cabin in Heeney! The perfect retreat away from your worldly cares. Two bedroom one bath and very efficient use of 960 square feet. A giant kitchen which has a sliding glass door out to the deck and back yard. Living area with wood burning fireplace and large window capturing the view. One of the two bedrooms is huge- it's furnished with two sets of bunk beds plus another bed. The cabin is being sold furnished and ready to move into. There is also a one car garage. The location is perfect - next to forest service and access to the Green Mountain Reservoir. The owner has a dock along the forest service land. $299,000. More pictures are on my web site at www.coloradodreams.com/15rainbow.htm Dillon Condo with Lake View I just listed a Lakeview Condo in Dillon. Fantastic location near the Dillon museum, tennis courts, park and of course, lake. Now for the bad news - I won’t have a key until the tenant gets back in town in about three weeks. What I do know is it’s a top floor end unit. Two bedrooms, one bath 816 sq feet. Listing price is $224,000. Let me know if you would like to be notified when we can get in. Heeney Business For Sale This is your chance. The liquor store and bait shop are for sale in Heeney! The price includes 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 Other properties I have liked~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Right now most buyers seem to want to know about the ski condo, so I thought I would tell you about units in Breckenridge. The Sawmill Creek Condo complex is just a block from Main Street and an easy walk to the lifts. Two bedroom two bath, fully furnished. The complex has a hot tub. The monthly dues are $350.00 that does not include the heat. This unit has had a lot of owner use and has brought in $12,000 gross, where the average 2 bedroom in the complex gross rental for the year is $18,000. Of course this year the unit has been rented like crazy. $409,500. On Main Street at the south end of town is Main Street Junction. I like these units because everything is on one level and they have a garage. This two bedroom two bath is fully furnished and just across the street from the Quicksilver Lift. Lots of windows in this end unit. The dues are $467 per month, they do not include the heat. $525,000. Up Four OClock Road near the Snowflake lift is Tyra IV Riverbend Lodge. This is a newer complex built in 1999. This unit is a two bedroom plus loft for $639,000. Sold furnished. Views to stream and wetlands. The monthly dues are $616 per month, that does include the heat. There is a parking garage under the building with assigned parking. Right at the lift in Breckenridge is a Cedars Townhome with 2 bedrooms and 2 1/2 bath. These units have an attached garage. Fully furnished and ready for you to use. The monthly dues are $350, that does not include the heat. Just a little over a block to Main Street. Only a few steps from the slopes. $689,000. This is just a sample of what is on the market in Breckenridge. Call or email with questions. 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.
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