Create a Custom Home Search for Breckenridge, Colorado Posted on June 23, 2017 - 7:07 pm by Stacy Sanchez 1 Create a Custom Home Search for Breckenridge, Colorado It’s a good thing you found this blog because you’re about to Create a Custom Home Search for Breckenridge, Colorado and save some time working with a Real Estate professional that knows not only the homes for sale in Breck, but also Summit County. Frisco, Copper Mountain, Dillon, Keystone and Silverthorne are the mountain towns just over 60 miles from the Denver metro area. You can read why it’s a good time to buy a house in Breck by reading this blog. We are Lifestyle Property Consultants, meaning that we believe that in order to bring you the best value of your home, we need to understand what kind of mountain person you are. And from there your custom “Mountain Habitat” recommendation will evolve. That will then be our ideal setting to strive for in our search. Summit County Real Estate and Property If you love to ski in the winter and want to sail during the summer, then perhaps a lakefront property in Dillon is your perfect place. No matter what your passion is, we can help you find the best fit for what you want to do. Breckenridge is our home, and really is a unique mix of mountain town and ski resort. If you’re unfamiliar, a lot of ski areas don’t have the base village or lodging right at the base of the facilities and chair lifts. Arapahoe Basin is world-class skiing and does not offer any overnight accommodations, and Frisco does not have a ski resort nearby. It does have the Adventure Park with tubing and a beginner learning slope, but it’s no Keystone or Copper Mountain. You see? We could keep going about how each is different, but we don’t want to waste anymore time. Please click here, or the image above, to go to our page where you can Create a Custom Home Search for Breckenridge, Colorado, or any of the mountain areas in Summit County. Thanks for reading and please contact us with any questions! Get Answers to Your Questions CONTACT US Notice: JavaScript is required for this content.
Real Estate Terms for Buyers Posted on May 16, 2017 - 5:10 pm by Stacy Sanchez Buying a Home in Summit County When you’re buying a home in Breckenridge, or anywhere for that matter, you’ll come across some legal terms you should be familiar with. Perhaps this is your second home, and if that’s the case, it’s time for a quick refresher of the Real Estate Terms for Buyers that you’ll see in emails and contracts. Or, if you are helping new family members with their first investment, this blog is an excellent place to send them to see a list of commonly used terms, as well as a link to a more complete list from Freddie Mac. There are too many on there to include in one blog post here, so we’ll cover the basics and the most important ones we wanted to bring up. If you’re an expert already and are ready to start the conversation, please go here to contact us and let us know if we can help you buy or sell a home in Summit County. Check out our social profiles for eye candy of mountains, homes and trails. Create an account to save searches and more. Thanks for stopping by! Real Estate Terms for Buyers Annual Percentage Rate (APR) – How much a loan costs annually. The APR includes the interest rate, points, broker fees and certain other credit charges a borrower is required to pay. Appraisal – A professional analysis used to estimate the value of the property. This includes examples of sales of similar properties. Closing Costs – The costs to complete the real estate transaction. These costs are in addition to the price of the home and are paid at closing. They include points, taxes, title insurance, financing costs, items that must be prepaid or escrowed and other costs. Ask your lender for a complete list of closing cost items. Credit Score – A computer-generated number that summarizes your credit profile and predicts the likelihood that you’ll repay future debts. Down Payment – A portion of the price of a home, usually between 3-20%, not borrowed and paid up front. Earnest Money Deposit – The deposit to show that you’re committed to buying the home. The deposit will not be refunded to you after the seller accepts your offer, unless one of the sales contract contingencies is not fulfilled. Fixed-Rate Mortgages – A mortgage with an interest rate that does not change during the entire term of the loan. Home Inspection – A professional inspection of a home to determine the condition of the property. The inspection should include an evaluation of the plumbing, heating and cooling systems, roof, wiring, foundation and pest infestation. Mortgage Rate – The cost or the interest rate you pay to borrow the money to buy your house. Points – 1% of the amount of the mortgage loan. For example, if a loan is made for $50,000, one point equals $500. Pre-Approval Letter – A letter from a mortgage lender indicating that you qualify for a mortgage of a specific amount. It also shows a home seller that you’re a serious buyer. Pre-Qualification Letter – A letter from a mortgage lender that states that you’re pre-qualified to buy a home, but does not commit the lender to a particular mortgage amount. (Primary) Mortgage Insurance – Mortgage Insurance (MI or PMI): Insurance needed for mortgages with low down payments (usually less than 20% of the price of the home). Real Estate Professional – An individual who provides services in buying and selling homes. The real estate professional is paid a percentage of the home sale price by the seller. Unless you’ve specifically contracted with a buyer’s agent, the real estate professional represents the interest of the seller. Real estate professionals may be able to refer you to local lenders or mortgage brokers, but are generally not involved in the lending process. Learn more terms from the Freddie Mac website. Obviously this list is not a full list. Click “learn more” at the end of the list above to go to the complete list of terms and definitions. We hope this helps you get a strong hold of the vocabulary that will be used during the buying process. If you don’t understand anything that’s listed here, or have further questions, please contact us so that we can call you to discuss your concerns. We appreciate your time and know how important the purchase of a home is, and that’s why we’re starting with the basics. We look forward to assisting you along the home buying journey. Featured image on this blog courtesy of Kay Beaton of Beaton Photography. Get Answers to Your Questions CONTACT US Notice: JavaScript is required for this content.
Why Now is the Time to Buy a Home in Summit County, Colorado Posted on April 30, 2017 - 9:07 pm by Stacy Sanchez 1 Breckenridge Homes For Sale Today’s post is called “Why Now is the Time to Buy a Home in Summit County, Colorado” and is a brief collection of reasons you should be looking into purchasing real estate or property in the Breckenridge and Summit County area. So, in essence, the top reasons you should look into a vacation home in the high country is because YOU NEED IT. Some say that vacations are just part of the routine. Others NEED their vacation time. Let’s say you’ve decided that you love returning to the mountains year after year and are tired of renting and want to buy. That’s where we come in. You’ll be pleased to know that while Breckenridge is super popular for many reasons, there are other towns that offer homes and condos for sale at a lesser, more affordable, price point. In fact, we went to walk through an open house in Keystone, and was quite surprised with a somewhat secluded home overlooking the Snake River. You can see a pic from inside the home below in an Instagram post shared below. Large windows face Keystone Gulch in this 5k sq. ft home near the @keystone_resort. Overlooks the Snake River and has the rec path at the edge of the property. #mountainhabitat #keystone #keystonecolorado #keystonerealestate #keystoneproperty #sumco #coloradorealestate A post shared by Mountain Habitat (@mountain_habitat) on Feb 22, 2017 at 9:32am PST Why Now is the Time to Buy a Home in Summit County, Colorado We’ll start the conversation by determining what your wants and needs are, and will then come up with an action plan and timeline to work within the specifications and pricing parameters we set in a custom search. We’ll become your eyes and ears for the perfect location for your desired mountain experience. Some folks want the ski-in, ski-out set up, and don’t want to mess with shuttles, Uber or buses. I don’t blame you, if that’s you. Traveling to and from places takes time. And, do you want spend your time doing that? On other other hand, we are centrally located to almost 10 resorts within an hour of Breckenridge, so you’d be silly not to venture to new terrain at some point in your skiing career. So, the short list for this blog on why you should buy a home in the Rocky Mountains are: You need it. Your family is wasting money on rentals and it’s time to invest in the right place. You’ll save time. And time is money. So, stop wasting time and get in touch with the forms below, or on our contact page. PRO TIP: When the ski areas are super busy, head out to a local hiking trail and go cross country skiing or snowshoeing. You can even take your dog! Check out the video below for a wintery clip of xc skiing in French Gulch. Contact us to learn more about this and other dog-friendly trails. Turk's TrailWatch this video on YouTube Get Answers to Your Questions CONTACT US Notice: JavaScript is required for this content.