Creative and Innovative Colorado Real Estate Broker

There are many beautiful homes in Colorado and it is currently one of the most exciting places in the United States when it comes to real estate. The many excellent commercial establishments in the area, such as shopping malls, restaurants and leisure centers have driven the prices of real estate up. Beautiful parks and schools and community centers have also contributed greatly to the boom. Indeed, now is the perfect time to find property. Many existing homeowners who have bought properties before the boom are now benefiting from it. There is still time to take advantage of the real estate boom but you have to act fast and immediately look for a Denver Metro realtor. Proof of the real estate boom in Parker are the many new developments being built in the area.

There are many types of real estate available in Colorado. For sure there is one that is perfect for you and your family. Whether you are looking for retreat homes, vacation homes, family homes, small cabins or a vast country estate, you can find it in the Colorado area. There are many prime areas, these include Highlands Ranch, Parker, Littleton, Castle Rock, The Pinery, and Aurora. If you don’t want to move in to a ready-built home, then you have the option of having your property constructed based on your specifications. This way, you’ll have a hand on how your home will look and feel.

Colorado also has a growing and very diverse population. There you can find singles, young and old couples and senior citizens mingling with each other. For sure, you will make new friends immediately if you move in to Colorado. Different religions and faiths are also well represented. So whatever your faith is, practicing it would not be a problem. And if you are looking for some nightlife you will not be disappointed with what we can offer. Colorado is home to many clubs, bars, casinos and other recreational facilities.

If you are planning to buy property in Colorado then it is highly advisable that you search for a reliable and knowledgeable real estate broker.

13 Extra Costs to be Aware of Before Buying a Home

Whether you’re looking to buy your first home, or trading up to a larger one, there are many costs – on top of the purchase price – that you must figure into your calculation of affordability. These extra fees, such as taxes and other additional costs, could surprise you with an unwanted financial nightmare on closing day if you’re not informed and prepared.

Some of these costs are one-time fixed payments, while others represent an ongoing monthly or yearly commitment. Not all of these costs will apply in every situation, however it’s better to know about them ahead of time so you can bud-get properly.
Remember, buying a home is a maj
or milestone. Whether it’s your first, second or tenth home, there are many important details to address, during the process. The last thing you need are unbudgeted financial obligations cropping up hours before you take possession of your new home.
Read through the following checklist to make sure you’re budgeting properly for your next move.

1. Appraisal Fee

Your lending institution may request an appraisal of the property, which would be your responsibility to pay for. Appraisals can vary in price from approximately $175 -$ 300.

2. Property Taxes

Depending on your down payment, your lending institution may decide to include your property taxes in your monthly mortgage payments. If your property taxes are not added to your monthly payments, your lending institution may require annual proof that your taxes have been paid.

3. Survey Fee

When the home you purchase is a resale (vs. a new home), your lending institution may ask for an updated property survey. The cost for this survey can vary between $190 – $1,000.

4. Property Insurance

Home insurance covers the replacement value of your home (structure and contents). Your lending institution will request proof that you are insured as it protects their investment on the loan. Beware! Some homes may not be insurable. Make sure you have an insurability clause in your purchase contract.

5. Service Charges

Any new utility that services your hook up, such as telephone or cable, may require an installation fee.

6. Escrow and Document Preparation Fees

Escrow fees are split between the buyer and the seller in Colorado. However, additional fees will be charged for the buyer’s mortgage closing. This can include first and second mortgages. In addition to the “Doc Prep” fees charged by the lender, some lenders will e mail the loan documents and therefore the escrow or title company may charge a electric to paper fee.

7. Mortgage Loan Insurance Fee

Depending upon the equity in your home, some mortgages require mortgage loan insurance. This type of insurance will cost you between 0.5% -3.5% of the total amount of the mortgage. Usually payments are made monthly in addition to your mortgage and tax payment.

8. Mortgage Brokers Fee

A mortgage broker is entitled to charge you a fee in order to source a lender and organize the financing. However, it pays to shop around because many mortgage brokers will provide their services free to you by having the lending institution absorb the cost.

9. Moving Costs

The cost for a professional mover can cost you in the range of:

o$50-$100/hour for a van and 3 movers, and

o10-20% higher during peak demand seasons.

10. Maintenance or HOA Fees

Condos charge monthly fees for common area maintenance such as grounds keeping and carpet cleaning in hallways. Costs will vary depending on the building.

11. Water Quality and Quality Certification

If the home you purchased is serviced by a well, you should consider having your water checked by your local experts. Depending upon where you live, determines whether or not a fee is charged, to certify the quantity and quality of the water.

12. Local Improvements

If the town, city or county you live in has made local improvements (such as the addition of sewers or sidewalks), this could impact a property’s taxes by hundreds of dollars.

13. Metropolitan or Special Tax Districts

This is a unique tax district set up by the developer to finance all aspects of the physical infrastructure such as streets, sewer and even recreation centers or golf courses. The developer only has to put up a small percentage of monies for these costs and the rest are floated with bonds and added to the homeowners tax bills until paid off. The arrangement can work nicely when there are plenty of homebuyers to pick up the tax bill. But, in a down market, watch out…you could end up holding the bag when there are not enough buyers to fund the bonds.

Are you looking for Real Estate in Denver Colorado? Visit http://www.realtyoasis.com to find current information and resources about home sales in Colorado. Realty Oasis Metro Brokers offers the top realty expertise and resources to help you find your dream home. Also check out our current home listings in Colorado at http://www.realtyoasis.com/listings/residential.asp [http://www.realtyoasis.com/listings/residential.aspx]. We have extensive home listings in Parker, Highlands Ranch, Aurora, Centennial and all cities in Colorado’s Front Range.

Top Activities to Enjoy at Englewood Real Estate Colorado

Lakes are best places to have total relaxation. Fishing is one of the activities that can be enjoyed in the lakes. For some people, they consider fishing as a boring and time-consuming activity. But once you try this, it can be an exciting sport and at the same time can boost up your creativity. Patience and perseverance are needed to make this enjoyable. As the saying goes that practice makes perfect, this goes true with fishing whether it’s a hobby or sport. If you do this, you will know the secret techniques to catch fish. Fishing is very demanding yet a fulfilling activity. Constant practice will help you become an expert in this kind of recreation or sport. This is an ideal sport for all ages; young and old can engage into this sport or hobby as long as you’re able and willing to learn. For those who are looking the best location for their fishing escapades in Englewood Colorado, you can check one of the spots for fishing at Belisle Reservoir.

Apart from being a fishing spot, Englewood is also known as a Home Rule Municipality. It is located in the areas of Arapahoe County in the state of Colorado. According to statistics, the city of Englewood has approximately a total of 32,532 population residing in the area. It is also a part of the territory of Denver-Aurora Metropolitan Area.

This lovely city of Englewood provides endless recreational opportunities which the whole family can enjoy. Recreation centers, parks and aquatic facilities, golf course, parks and open spaces are just among the places you can visit. Their recreation centers give full service community that have full size gymnasium, an indoor track, a 25-meter 8-lane swimming pool, a cardiovascular area, aerobic fitness training, sauna, two lighted sand volleyball courts and many other amenities. Discounted fees are availed by the residents in this area. If you’re considering of buying a property in Englewood Colorado, a real estate agent like Englewood real estate can be of great service to you. You can also browse photos of available houses at Englewood homes for sale.

Lots of activities can be done in this beautiful place. Since Englewood is also close to the locations of two large reservoirs, water sports like sailing, boating, water skiing, and swimming are also enjoyed. In addition, the place has areas designated for recreation centers such as skateboard park and other ideal venues for athletic activities where all the residents can go and enjoy. The area is also is near to the Rocky Mountains where outdoor recreational activities like camping, hiking and skiing can be experienced.

You will really fall in love with Englewood once you step in this lovely place. Aside from offering a perfect fishing location for lake lovers, they also offer quality restaurants for a satisfying dining experience with families and friends. This place has a lot to offer whether you are considering it as fishing destination, weekend adventure and a place for outdoor recreational activities. This is what you call home.