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Blog Archive for May, 2007

How Important Is A Home Inspection?

Posted May 26, 2007

Should a buyer get a home inspection for a home they are buying? Should a seller order a home inspection prior to putting the property on the market? There are advantages for both.

Simply put, a home inspection is a visual examination of both the physical structure and major systems of the entire home including: walls, ceilings, floors, decks, exterior covering, the roof, foundation, insulation and ventilation, plumbing, electrical, heating and air conditioning. It is not an appraisal to validate the value of a home, nor a pass/fail exam. A third-party inspector will give a report on the physical condition and suggest repairs.more>
Buyers
For buyers, a home inspection clause in the written offer that makes the purchase contingent upon the findings can provide peace of mind. If a serious problem is found, it allows room to renegotiate the purchase price or “opt-out” of buying the home altogether ...

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The ABC's of Closing Costs

Posted May 25, 2007

You've found your dream home, the seller has accepted your offer, your loan has been approved and you're eager to move into your new home. But before you get the key, there's one more step-the closing. Also called the settlement, the closing is the process of passing ownership of property from seller to buyer. And it can be bewildering. As a buyer, you will sign what seems like endless piles of documents and will have to present a sizeable check for the down payment and various closing costs. It's the fees associated with the closing that many times remains a mystery to many buyers who may simply hand over thousands of dollars without really knowing what they are paying for. As a responsible buyer, you should be familiar with these costs that are both mortgage-related and government imposed. Although many of the fees may vary by ...
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Routt County plans tributes for Memorial Day

Posted May 25, 2007

Steamboat Springs €” A variety of Memorial Day ceremonies throughout Routt County will pay tribute Monday to those who made the ultimate sacrifice for their country. "It has been a tradition here in Routt County," said Jim Stanko, district commander for the American Legion and post adjutant for Veterans of Foreign Wars Post No. 4264 and American Legion Post No. 44. "It's one of the oldest traditions." Routt County began holding Memorial Day ceremonies in 1921, Stanko said. But the Memorial Day tradition began 53 years earlier. Gen. John A. Logan, commander of the Grand Army of the Republic, inaugurated Memorial Day on May 5, 1868. He declared the day for U.S. veterans to pay tribute to those who died serving their country. This year's holiday marks the 90th anniversary of the United States' entry into World War I. Nine Steamboat Springs residents died during the war. Stanko ...
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Memorial Day tributes planned throughout Routt County

Posted May 24, 2007

A variety of Memorial Day ceremonies throughout Routt County will pay tribute Monday to those who made the ultimate sacrifice for their country. "It has been a tradition here in Routt County," said Jim Stanko, district commander for the American Legion and post adjutant for Veterans of Foreign Wars Post No. 4264 and American Legion Post No. 44. "It's one of the oldest traditions." Routt County began holding Memorial Day ceremonies in 1921, Stanko said. But the Memorial Day tradition began 53 years earlier. Gen. John A. Logan, commander of the Grand Army of the Republic, inaugurated Memorial Day on May 5, 1868. He declared the day for U.S. veterans to pay tribute to those who died serving their country. This year's holiday marks the 90th anniversary of the United States' entry into World War I. Nine Steamboat Springs residents died during the war. Stanko said it ...
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Prudential Steamboat Realty Agents Recognized for 1st Quarter Accomplishments

Posted May 24, 2007

Prudential Steamboat Realty was recognized as the top office in sales volume in the Prudential Central Region. This region consists of 14 states ranging through the Midwest to Montana and all the way down to Texas. This honor came to Prudential Steamboat Realty for their achievements in both sales volume and sheer number of units sold.

Additionally in the Central Region, Pam Vanatta received first place for her sales volume in the first quarter with second place honors to Chad Fleisher. The Olson Team received first place for their success in number of units sold in the first quarter with Vanatta receiving second place for number of units sold.

“We could not be more pleased with these accomplishments in the first quarter,” said broker/owner, Cam Boyd. “The success achieved in 2006 set a very high bar for the agents here, and we are most certainly slated to break that ...

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New Opportunity in downtown Steamboat

Posted May 23, 2007

The Victoria is Steamboat's latest development in downtown Steamboat, located on 10th and Lincoln. A cornerstone in historic downtown Steamboat Springs, The Victoria is surrounded by a recreational paradise. The Victoria quietly recalls an era gone by, offering an appealing balance of timeless finishes while embracing your desire for modern comfort. Bringing a renewed sense of luxurious style to Steamboat while maintaining a sophisticated standard of Rocky Mountain living that will invigorate and inspire you year-round. Seven residences are offered at The Victoria - all of which are on the second and third floors, all with spectacular panoramic views. Showcasing a classic combination of traditional materials and detailing including a predominance of richly colored masonry and native sandstone. Please call Pam Vanatta at 970.879.8100 x.403 for pricing and availability. The Victoria features office suites and retail space in a well designed, aesthetically appealing commercial environment. This location ...
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Meet SAM, Steamboat's new Art Museum!

Posted May 22, 2007

For more than 100 years, the Yampa Valley has inspired artists, many of whom have influenced the course of art in the West. Now, their work could one day have a permanent home at the newly opened Steamboat Art Museum.

SAM, as the museum has been dubbed, is the brainchild of artist/gallery owner Shirley Stocks and artist R.C. Dieckhoff, whose work does, in fact, hang in Washington, D.C. – at the White House. “We’ve had conversations for years about this,” R.C. says. “What first struck me was what a museum can do for an artist. So many artists have passed through the area in the past, and not been able to stay here. There just wasn’t the industry here to support them.”
SAM came together following the death in 2004 of Helen Rehder, an artist and long-time Steamboat Springs resident who left her historic building ...
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1st Quarter Sales are Record Breaking!

Posted May 22, 2007

After reporting a record breaking 2006, sales have again surged to unprecedented levels in the Yampa Valley. March 2007 sales were nearly double that of March 2006, with an astonishing $141,794,800. That figure marks a new record for any calendar month in Routt County and a 37% increase year over year, according to statistics researched by Bruce Carta of Land Title Guarantee Co. in Steamboat Springs.
Regarding unit volume, a large portion of residential sales are still below $500,000. Through March, 143 of the total 294 residential sales were between $200,000 and $500,000 with another 27 between $500,000 and $600,000. There were 39 sales at prices more than $1 million with seven residences selling for more than $3 million. Also, a key fact to note in March sales: only 242 transactions took place, down from 298 in March 2006.
March sales were influenced ...

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Great tips on saving money while being eco-friendly!

Posted May 21, 2007

Prudential's first eco-broker, Angela Ashby offers some great tips on linving Green! While Real estate is my profession, sustainability in Steamboat is one of my passions. We're all being inundated with information on how to live more consciously. That is one reason why I decided to become EcoBroker ® certified. My goal is to make it easier at the local level to find the tools and resources that can help make your home as energy efficient and healthy as possible. It doesn't require much effort to realize energy cost savings. I can help you learn what today's buyer is looking for and assist sellers in optimizing home efficiency and creating a healthier home. Today, the MLS system does not readily identify "green attributes" though many homes do have features that energy conscious buyers are seeking. Items such as high R-value windows and insulation, Energy Star rated appliances ...
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Bike to Work Week is June 24 - 30

Posted May 17, 2007
Routt County Riders, a local non-profit group supporting cycling in Routt County, is launching an innaugral Colorado Bike To Work Week (June 24 – 30) with a week long schedule of events (Bike Festival). This is your chance to lose your car keys and save money on gas while doing something great for the environment. Contact Brad Cusenbary, President of Routt County Riders for more information at rppbrad@springsips.com.

Schedule of Events:
MONDAY, JUNE 25TH – COMMUTING 101 AND BIKE MAINTENANCE SOCIAL: COURTYARD OF ERIKSEN CYCLES AND ORANGE PEEL

TUESDAY, JUNE 26TH – GROUP ROAD RIDE: MEET AT ORANGE PEEL AT 5:30 ALL LEVELS INVITED

WEDNESDAY, JUNE 27TH – BIKE TO WORK DAY!
- JOIN US FOR BREAKFAST ON THE COURTHOUSE LAWN FROM 7–10 AM
- TOWN CHALLENGE RACE: HOWELSON HILL CROSS COUNTRY
THURSDAY, JUNE 28TH – GROUP MOUNTAIN BIKE RIDE: MEET AT SUNPIES AT 5:30 FOR AN EASY RIDE UP HOWELSEN

FRIDAY ...
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6 Ways to Purchase a Better Home

Posted May 16, 2007
Spring has sprung and winter has left property owners here in Steamboat with some major price spikes in our market. But the question lingering is, "How will I be able to buy up, when everything else has gone up?"
1. Our national market is trending on the decline and the Fed's are holding interest rates at all time lows, so you may qualify for more money at the same rate. Check with your bank or start shopping around for cheap money!
2. Lateral price move to better location. Location, location, location €¦.my Grandmother always said, "buy the cheapest house in the best neighborhood." This will give you room for your money to grow! Buying the best house in the best neighborhood is a GREAT and wonderful move. But for those looking to build equity and don't have the money to buy the perfect house, a fixer is a great opportunity ...
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