Category Archives: Boulder luxury property

Boulder Real Estate On Fire

Figuratively, not literally. In Boulder we have so many great areas to choose from where fire is not a danger. We are buffered by the Flatirons to the west and many of our mountain areas such as Pine Brook Hills have fire hydrants frequently along the road. Call me today if you’re looking for a home in the Boulder area. I have many “quiet” listings of people who are interested in selling however for one reason or another don’t want to be full out on the market.

Michael is a longtime resident of Boulder and has been in real estate since the mid 90′s and with Sotheby’s International Realty since their inception in Boulder County and along the front range. About Me If you have questions regarding this article or would like information about Boulder real estate not yet on the market, call me or Boulder Luxury Real Estate check out my website. You may also call or TEXT me 303-359-6627 or e-mail Michael Hughes

Advertisements

1 Comment

Filed under best place to live, Boulder County, boulder home, boulder house, Boulder luxury property, boulder luxury real estate, boulder real estate, Fuller Sothebys International Realty, slurry bombers

Boulder real estate not yet on the market

As a buyer, I am sure you know how few listings there are out there if you are pursuing Boulder real estate or Boulder luxury real estate. It can be really frustrating. It is, as one would say “thin.” Also multiple offers are starting to show up running the prices just a bit higher.

I have several homes that will not be on the market for a week or a few weeks. Call me to get first look at these homes I have listed, however are not on the MLS, some in South Boulder and some in Longmont and some in Lafayette. Ranging from around $450,000 to $850,000. Call me today to get a first look.

In this case the early bird does get the worm!

Michael is a longtime resident of Boulder and has been in real estate since the mid 90′s and with Sotheby’s International Realty since their inception in Boulder County and along the front range. About Me If you have questions regarding this article or would like information about Boulder real estate not yet on the market, call me or Boulder Luxury Real Estate check out my website. You may also call or TEXT me 303-359-6627 or e-mail Michael Hughes

Leave a comment

Filed under boulder listing agent, Boulder luxury property, Boulder Luxury Ranches, boulder luxury real estate, Boulder MLS, boulder real estate, Boulder Sotheby's, buy a home in Boulder, Buying a Home in Boulder, buying a home in Boulder CO

Reduce Your Boulder Real Estate Taxes

Owners of Boulder real estate, especially those with Boulder luxury real estate, know how expensive property taxes can be. While the housing market may have softened considerably, many homeowners are discovering that they are still being assessed property taxes that reflect housing values at the time of peak real estate prices in 2005 and 2006.

Assessments are only done every three to four years and this can result in homeowners paying much higher taxes than they should. Real estate assessment is also more of an art than a science and the correct assessment depends in large part on the assessor being knowledgeable and having a good handle on the local real estate market. Certain parts of the country are more expensive to live in than others and Boulder, Colorado is a prime example of this.

The pristine air and tranquil nature, as well as the elevation, attract many people who are interested in purchasing Boulder real estate. The area is a paradise for sports enthusiasts and those that love nature. Prices of Boulder luxury real estate are high because this is such an exclusive part of the country to live in.

The city regularly ranks among the top cities in the United States to live in terms of health, education, art, quality of life and well being. Unfortunately, the privilege of living in Boulder also carries high property valuations, which means high property tax bills. Property taxes have risen across the country. The National Taxpayers Union, which is a non-profit advocacy group, has an expectation that property tax bills will increase by at least 5 percent this year. Every year, the average property tax of homes has gone up by about 7-8 percent, since 2001.

Things homeowners can do to reduce property taxes:

This increase has left a lot of property owners frustrated and wondering what they can do to reduce the cost of their property tax bills. Short of letting their home go completely to ruin and thereby decreasing the value of their property, many people are wondering what they can legitimately do to save money. Across the country homeowners have filed property tax appeals in record numbers this year. Appeals can be lodged at any time, but to affect tax bills this year the appeals have to be filed by a specific date.

To have a convincing case it is a good idea to start with the fact that the assessment given to the home no longer reflects market value. Months or years can elapse between property assessments, so discrepancies are bound to show up. It is possible to have a successful appeal if it can be proven, with documentation to back up the appeal, that the assessment is unfair and no longer valid.

There are a few other things that people who own Boulder real estate or Boulder luxury real estate can do to lower property valuations. The easiest thing to do is to find evidence that the local assessor made an error when evaluating the property.

Many communities rely completely on drive-by evaluations, so it is not far-fetched to assume mistakes could have been made. The assessor estimates the value according to the features that other homes in the area possess. It is possible that the assessor made an assumption that the home contains a certain number of bedrooms or bathrooms, or a fully finished basement, when this is not the case at all. Homeowners may also have success with their case if they can show that the property they own, such as condo units or luxury real estate, has not kept up with the pace of the local market.

Homeowners should compare their home assessment with other similar properties in the area. If there are at least five properties that carry lower valuations, the odds of successfully filing a property tax appeal are increased. It may also be a good idea to hire a private appraiser to properly value the property. There may be mitigating circumstances such as a damaged roof or leaking basement that a drive-by inspection could not possibly reveal.

It is also possible to hire professionals to file the property tax appeal, although they will charge money for it and this can cut into property tax savings. Anyone unhappy with their property tax bill should file an appeal as soon as possible because local governments limit refunds to the prior year`s tax bill. Anyone interested in financial products may wish to visit   http://www.simplyfinance.co.uk/calculators/mortgage-cost-calculator.html Simply Finance for more information.

Michael is a longtime resident of Boulder and has been in real estate since the mid 90′s and with Sotheby’s International Realty since their inception in Boulder County and along the front range. About Me If you have questions regarding this article or would like information about Boulder real estate or Boulder Luxury Real Estate check out my website. You may also call or TEXT me 303-359-6627 or e-mail Michael Hughes

Leave a comment

Filed under Boulder luxury property, Boulder Luxury Ranches, boulder luxury real estate, boulder real estate, taxes

Jobs Equal Healthy Boulder Real Estate

Boulder County is the most educated county in United States. There’s a high percentage of highly intelligent residents, which is its greatest asset for attracting and retaining strong employers and employees. Boulder real estate is healthy, a sure sign of good times coming. It’s all about jobs. Strong jobs equal strong Boulder real estate.

Numerous high tech businesses in the Boulder Valley Corridor are starting to hire. When I asked a local head hunter if there were going to be a lot of out of town people coming in she said “there seems to be a robust amount of talent available in the area right now.” Of course as time goes by the tech area will need more and more talent to feed the demand.

Many high schools in Boulder County offer special programs such as Skyline High School in Longmont that offers the Scientific Technology Engineering and Mathematics (STEM) program, a magnet component that prepares students to excel in science and math related fields. Also with the onset of the International Baccalaureate Program in numerous schools in the Boulder Valley; Boulder schools could help “grow” their own work force and provide opportunities for our children’s future by implementing similar programs in all schools.

Boulder offers a quality of life that attracts and keeps people here. It’s a life that can’t be beat. We love our Boulder real estate and we often come up on lists for a very high quality of life. A lifestyle robust in fitness, with running trails right out our office door,  world class organic food, home grown brews, entertainment, high intelligence, happy people, entrepreneur heaven, skiing and snowshoeing nearby, dog friendly areas and many opportunities to enhance our lifestyle.

Michael grew up near Santa Fe and is a longtime resident of Boulder and has been with Sotheby’s International Realty since their inception in Boulder County and along the front range.  If you have questions regarding this article or would like information about Boulder real estate or Boulder Luxury Real Estate check out my website. You may also call or TEXT me 303-359-6627 or e-mail Michael Hughes is a (CNE) Certified Negotiation Expert and full time Realtor at Fuller Sotheby’s International Realty in Boulder, CO. What’s your lifestyle? I take great pride in my in-depth knowledge of Colorado luxury home market trends, research-based pricing strategies, having a powerful network of qualified luxury home buyers, first-hand Boulder real estate insight and proven 16 year track record of selling unique Denver and Boulder luxury real estate.

Leave a comment

Filed under #1 place to thrive, bolder real estate, boulder condo, Boulder County, Boulder Economy, boulder home, boulder house, boulder listing agent, Boulder luxury property, Boulder Luxury Ranches, boulder luxury real estate, Boulder MLS, boulder real estate, boulder realestate, Boulder Sotheby's, buy a home in Boulder, buy home boulder, buy house boulder, Buying a Home in Boulder, buying a home in Boulder CO, downtown house boulder, Fuller Sothebys International Realty, home for sale in boulder, relocating to boulder, sell boulder house, sell home boulder, sell house boulder, selling boulder, selling home boulder, Sotheby's International Realty-Boulder, Sotheby's International Realty, sothebys boulder, sothebys international realty, technology

Now Is The Time…To Sell Your Boulder Real Estate

Now is the time to sell… Your Boulder Real Estate

Downtown Boulder Bungalow

It really came to light the other day when, after much research, I had helped a seller put a reasonable price on their Boulder  home I am marketing for them. I had implemented the entire Sotheby’s marketing plan (a multi-pronged media rich global approach to marketing, casting a very wide net). Within 3 weeks I had multiple offers. I now have a cash offer over the asking price on a property that normally would have taken several months in the dead of winter to sell. The property is now Under Contract and moving toward the closing table.

A good part of it is the Sotheby’s Marketing Plan. This marketing plan, created after years of research, matches your property, style and price point to an extensive custom tailored marketing plan to generate interest and reach buyers looking for your particular property and Lifestyle. There are several reasons you may want to consider selling your home;

  • Mortgage Interest Rates have never been lower. Lenders are also starting to loosen the reins on credit thereby striking a more balanced middle ground approach to lending. I have connections with a select group of lenders that have pulled together attractive packages for several of my buyers. Contact Michael today and let me find you the perfect property and insure you get to take advantage of today’s historically low rates.
  • Low Home Inventory in the Boulder Real Estate market. The inventory has not been this low for a very long time. That, coupled with pent up demand make for an economic scenario not seen for decades.
  • Highest Price For Your Home.Because of the Low Inventory, the Pent Up Demand and the

    Mountain Biking

    Lowest Mortgage Interest Rates in history we have the “perfect storm.” This means  a quicker sale, more money in your pocket and less work for you because you don’t have to keep the perfect home while showings drag on and on.

  • Sotheby’s International Realty Marketing Plan.  An extensive custom tailored, multi-pronged, media rich, global approach to marketing your lifestyle, home, location and price. Bringing interested buyers for your property from around the neighborhood and the globe.
  • Receive a free Market Analysis of your home.

Red Rocks Above Boulder

Michael grew up near Santa Fe and is a longtime resident of Boulder and has been with Sotheby’s International Realty since their inception in Boulder County and along the front range.  If you have questions regarding this article or would like information about Boulder real estate or Boulder Luxury Real Estate check out my website. You may also call or TEXT me 303-359-6627 or e-mail Michael Hughes is a (CNE) Certified Negotiation Expert and full time Realtor at Fuller Sotheby’s International Realty in Boulder, CO. What’s your lifestyle? I take great pride in my in-depth knowledge of Colorado luxury home market trends, research-based pricing strategies, having a powerful network of qualified luxury home buyers, first-hand Boulder real estate insight and proven 16 year track record of selling unique Denver and Boulder luxury real estate.

Leave a comment

Filed under boulder home, boulder house, boulder listing agent, Boulder luxury property, Boulder Luxury Ranches, boulder luxury real estate, Boulder MLS, boulder neighborhoods, Boulder Sotheby's, buy home boulder, buy house boulder, Buying a Home in Boulder, downtown house boulder, Fuller Sothebys International Realty, global marketing plan, home search, listing agent, listing your home, listing your property, Pearl St., sell boulder, sell boulder home, sell boulder house, selling boulder, selling your home, selling your house

Sell Your Boulder Home-11 Tips

1. Hire a Professional Realtor. This is no time to be navigating the rough waters of the Boulder real estate market on your own. You want someone who can help you truly price your home, bring in potential buyers, handle contracts, and market your home to the global masses. You can check to see if there have been any infractions with a Realtor by checking DORA (Department of Regulatory Agencies-Colorado/Search Licensees ).

2. Fully Disclose. Are you selling your Boulder home because it needs more work than you can handle? Are there infestation problems you’d rather not talk about? Whatever you disclose, the Realtor will have knowledge of and must disclose to a potential buyer.

3. Price it Right. Your Boulder home may sell the first week if priced properly and if you have to drop the price the result may be lower in the long run. The longer it’s on the market, the lower the price will be in the long run.

4 . Detach Emotions. This is a business transaction. Keep emotions in check.

5. Be Involved. Hire a local Boulder agent who will communicate with you at least one time per week and gives you regular feedback. Utilize that feedback to make changes or adjustments. Talk it over with your Realtor.

6. Stage your Home. Staging is a perfect way to help buyers see the true potential of each room. Buyers have to understand the purpose of each room and staging can help clarify that. Tone down your own style and pack away any clutter or extraneous decor.

7. Don’t Hang out. During showings or an open house. Resist the urge. This will make it very uncomfortable for buyers. Leave the premises.

8. The Next Step. Get ready because here comes the offer. Renting or buying what is your best option at this point? Start early!

9. Be Flexible. It’s no secret that today’s Boulder luxury and Boulder real estate market can be challenging for many sellers. Don’t compromise on your bottom line, but understand that you must be willing to negotiate.

10. Understand your Marketing Plan. Understand what you are getting for your money. What kind of internet exposure, media coverage and global presence will you get? A marketing plan should be clean, clear and will drive the buyers to your property’s website.

11. Positivity. Don’t get discouraged. A buyer will come.

Michael grew up near Santa Fe and is a longtime resident of Boulder and has been with Sotheby’s International Realty since their inception in Boulder County and along the front range.  If you have questions regarding this article or would like information about Boulder real estate or Boulder Luxury Real Estate check out my website. You may also call or TEXT me 303-359-6627 or e-mail Michael Hughes is a Certified Negotiation Expert and full time Realtor at Fuller Sotheby’s International Realty in Boulder, CO.

Leave a comment

Filed under Be Happy, bolder real estate, boulder, boulder condo, Boulder luxury property, boulder luxury real estate, Boulder MLS, boulder neighborhoods, Boulder Sotheby's, Fuller Sothebys International Realty, sell boulder home, sell boulder house, sell home boulder, sell house boulder, selling boulder, selling home boulder, selling your home, selling your house, selling your property, Sotheby's International Realty-Boulder, Sotheby's International Realty, sothebys boulder, sothebys international realty

Short Sale Colorado

Short sales can be painful.  Add to that, the concern, that the bank may come after you years later, for a deficiency, a tax consequence or send you a 1099 or promissory note to payback the deficiency. All of these can be devastating to your finances,  often spinning short sellers into bankruptcy. A short sale takes about 3 years to overcome, a bankruptcy can double that, foreclosure can add more time. The title to the property may be clouded by a deficiency or a judgement which can also cause future issues.  If the short sale is not done properly and in a timely manner it can lead to foreclosure.

What would you think if all of the problems with a short sale could be negotiated away and done in a timely manner? No deficiency! No tax consequence! No 1099! No promissory note! Short sales are tough enough on the homeowner. They don’t need to complicate your life and make it worse and spin you in to bankruptcy.

We work with investors who utilize their own in house negotiators to negotiate all the guesswork out of short sales. We can negotiate away the tax consequence(s), the 1099, the promissory note, the deficiency. What this means to you is no further problems or issues to deal with in the future. It is a clean short sale. No future surprises.

We can help you. Call me today to see if you qualify for a short sale. We can help take the pain part out of the short sale process.

Michael grew up around Santa Fe and is a longtime resident of Boulder and has been with Sotheby’s International Realty since their inception in Boulder County and along the front range.  If you have questions regarding a clean short sale or would like information about Boulder real estate or Boulder Luxury Real Estate check out my website. You may also call or TEXT me 303-359-6627 or e-mail Michael Hughes is a Certified Negotiation Expert and full time Realtor at Fuller Sotheby’s International Realty in Boulder, CO.

Leave a comment

Filed under Auction, Boulder County, boulder home, boulder house, boulder listing agent, Boulder luxury property, boulder luxury real estate, boulder neighborhoods, Boulder Short Sale, Boulder Sotheby's, buy a home in Boulder, buy home boulder, buy house boulder, Buying a Home in Boulder, buying a home in Boulder CO, foreclosure, Fuller Sothebys International Realty, home for sale in boulder, homes in boulder, Niwot real estate, real estate, sell boulder home, sell boulder house, sell home boulder, sell house boulder, selling boulder, selling home boulder, selling your house, selling your property, short sale, short sale agent, Sotheby's International Realty-Boulder, Sotheby's International Realty, Tips to sell your home