Category Archives: Random Thoughts

Are mountain rental properties a good investment?

I’m often asked, “is buying a rental property in the mountains a good investment”. If one is expected to generate a positive cash flow from a fully mortgaged property, the answer is likely no. As a rule of thumb, investors … Continue reading

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Multiple offers

While we don’t see it often in our market, multiple simultaneous offers do happen and buyers and sellers are sometimes confused on what rules apply when they do. In such a situation, it’s the seller that calls the shots. First … Continue reading

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Do I need a home inspection?

I often get the question from buyers, “Do I need to get an inspection?” My answer is almost always “yes”! Inspection are relatively cheap running $0.10 to $0.15 per square foot. Although these inspections are limited in scope (check your … Continue reading

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New loan rules coming

Starting in January 2014, new rules implemented under the Dodd-Frank legislation will further tighten lending practices. According to a US News & World Report story, it is estimated that loans are already eight times more difficult to obtain than prior … Continue reading

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Falling inventories generating higher prices.

Fannie Mae is predicting that falling housing inventories nation wide are likely to contribute to a 5.1% increase in selling prices in 2013. Summit County is certainly participating in that inventory decline with listings down 12.5% from the same time … Continue reading

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Check out our newest tutorial – Home Inspections

Are you a new home buyer and have questions about a home inspection.  Are you a seller wondering if you should have an inspection before you list?  These questions and many more can be answered in this video where Eric … Continue reading

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Beware of listing aggregators

Listing aggregators such as Zillow, Trulia and Realtor.com have become popular sites for buyers to search for properties.  However, these aggregators have become notorious for having inaccurate out-dated and misleading information.  A recent search of one aggregator showed twice as … Continue reading

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Summit Association of Realtors – Breckenridge Town Council Questionaire

SUMMIT ASSOCIATION OF REALTORS® BRECKENRIDGE TOWN COUNCIL CANDIDATE QUESTIONNAIRE   In order to ensure REALTORS® are educated and prepared for the upcoming Town Council  elections in Breckenridge, SAR has asked the candidates to answer questions important to the real estate … Continue reading

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How to find a bargain.

Next to “How’s the market?”, the most common question I get is, “Do you have any bargains?”   I’ve developed a method for finding them. Of course what constitutes a “bargain” is very subjective but one metric is the valuation placed … Continue reading

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Is owning ski property no longer a good investment?

Is the notion of buying mountain property as an investment dead? So proclaims an article in the November 2011 issue of SKI magazine. No doubt ski properties across the country have taken a hit over the last several years. This … Continue reading

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