Getting Started
Questions to ask your next Realtor: How many years of experience do you have? Work with an experienced agent with a solid track record of sales in your area. Do you work full time or part time as a real estate agent? Full time is preferable. What do you know about the area? How long have you sold homes in this area? Agents who ...
Tax Consequences
Selling Your Home: Always consult an expert on taxes before you make financial decisions based on tax deductions or tax laws as they change very often. If you sell your home, apartment or duplex, for a profit, don't jump too quickly to the conclusion that you'll be taxed for your gains. You might be surprised to find otherwise. Also, some of those out-of-pocket fees ...
1031 Exchange
1031 Exchange Facilitators Betty L. Marick, CES 1031 Corporation A Subsidiary of FirstBank of Colorado 1707 North Main Street, Suite 200 - Longmont, CO 80501 303-402-1031 888-367-1031 FAX: 303-684-6899 Direct Line: 303-684-6914 betty.marick@1031cpas.com www.1031cpas.com FNS 1031 - Danita Vigil: 1-877-775-1031 1031 Corporation in Boulder 303-402-1031 Information about 1031 Exchanges Under normal circumstances, when you sell a property you have to pay tax on ...
Mortgage Tips
Public Records Ever wonder how underwriters find out all the details about a buyer or a property? One of the greatest resources for an underwriter is the Public Records Online Directory. This web site is a portal to all the official Assessor's, Recorder's, and Treasurer's web sites. Here are just a few of the things that can be found by using this site: * ...
Short Sale or Foreclosure?
Understanding the Financial Implications The three most-likely outcomes for distressed borrowers are: loan modifications, short sales or foreclosures. All three have a negative impact on borrowers' credit scores. The size of that impact, however, may vary. Modifications Most struggling homeowners will first attempt to modify their current loan in order to obtain lower monthly payments for a specified time period. Loan modifications have been ...
10 Reasons to List Your
Home During the Winter 1. Fewer Showings Yes there are less Buyers, but those Buyers that are left are usually very serious about making a purchase. 2. Less Competition Most people wait until spring and summer to list their home, which means during the winter you will have far less competition than at any other time of the year. 3. Homes Show Better During ...
Staging – Dress your House for Success!
If your home is going to get a second look from buyers... It's got to make a good first impression! Nothing pays off for sellers like some pre-sale elbow grease! A well presented house brings top dollar and a faster sale. A home in tip-top shape BEFORE it goes on the market tends not to be on the market very long. Tips for ...
LL Resource List
We have spent years building and refining our extensive resource list. It is always being updated, so please let us know if you have a service provider you’d like us to add! If you experience a problem with anyone from our list, please be sure to tell us. Good luck with your project! 1031 Exchanges 1031 Corporation: 303-402-1031 888-367-1031 Fax: 303-684-6899 www.1031cpas.com Air & ...
Title & Closing Tips
With the busy real estate season beginning, we thought this would be a great time to pass along some helpful hints and friendly reminders of a few small things you can do to help assure a great closing. O & Es It only takes a minute to call for a free verbal O&E prior to doing a listing. This assures that all parties in ...
After the Closing is over…
Cancel your homeowners insurance after your move is complete. Make sure you get any refund for any unused portion of the contract. Watch for your refund check from the water department as money has been escrowed at closing and you should have a check coming to you within two weeks. Do not make any more payments to the water department. Watch for your refund ...
Definitions of Real Estate Brokerage Relationships
History Until 1994, all brokers in Colorado were deemed to be either the agent (or sub-agent, if working with the buyer) of the seller. For lots of legal reasons, this exposed both sellers and brokers to unreasonable liability, while providing that the buyer would not be represented in the transaction. In 1994, Colorado created alternative working relationships for the public in working with real ...
Our Basic Precepts of Marketing
The success of our business depends on your goodwill and satisfaction. Your being pleased with our efforts in marketing your home is paramount. Leonard Leonard and Associates has been in continuous operation since 1984. Most of our listing business is gained through former clients and referrals. We enjoy and are very proud of our reputation of delivering highly personalized real estate services which are ...
Marketing DOES make a Difference
Offers are received and the contract is negotiated. You've set your price, put your home on the market and kept you house immaculate for those showings. You've received an offer...now is a crucial time in the home selling process. Thousands of dollars from your bottom line profit can be lost at this time. Your agent must be experienced in contract negotiation. Our agents continually ...