Aurora, Co 5/B 3/BA Luxury Home $379,900

Beautiful 2-Story Home On Corner Lot. Great Fl. Plan. Open Kitchen, Cherry Cabinets, Corrinthean Counters, Wood Floors, Vaulted Ceiling. Juliet Balcony Over Living Rm. 5th Br Can Be Office. Clean Property. Owner Relocating. Priced To Sell!
Air Cond-Central, Cable Available, Ceiling Fan, Cable Installed, Corner, Cook Top, Dbl Pane Windows, Double Oven, Disposal, Dishwasher, Eating Space/Kit, Fireplace Insert, Five Piece Bath, Garage Dr Opener, Kitchen Island, Landscaped Prof, , Master Suite, Newer Carpet, Newer Paint, Pet Free, Patio, Quick Possession, Refrigerator, Smoke Alarm, Self-Cleaning Ov, Smoke Free, Sprinkler, Vaulted Ceiling, View Mountains, Window Coverings, Wood Floors, Walk-In Closets $379,900.00

FREEM METRO DENVER MLS HOME SEARCH @ WWW.PattiSellsColorado.com

What's So Short About a Short Sale?

What's so short about a short sale? Just the time that it is for sale.

A short sale is when the home owner has fallen behind in payments. Depending on how many months behind the home owner is, the bank may or may not have served a notice to foreclose. Once the notice has been served, the home owner then, has approximately 4 months to sell the home and save their credit. If they put it up for sale before being served, then they have more time. So that is the short part of the short sale. It is only for sale for a short time before the bank forecloses.

Here's the tricky part; once the home has gone into the short sale process, the home owner has very little to say about how much the home will sell for. It's now up to the bank that has loaned the money, or the assets management company. Some are more cooperative than others.

I have experienced banks that get back to you in a few days, and some that get back to you in a few weeks.

There can be long periods of waiting and no communication. The seller is anxious to know if the home is sold. The buyers would like to know if they have a new home, when should they plan on moving, when will the contract be final? Everything is subject to change in a "short sale".
It is not for the faint of heart.

Can you get a good deal? Most often, yes. Occasionally no. Again it depends on the financial institution owed the loan balance.

In a short sale, we can't always get answers to your questions as swiftly as we would like.
Paperwork that somehow got lost, may have to be duplicated and resubmitted more than once.

If you plan on purchasing a home through the short sale process, please be patient. It most likely will take a lot more time to finalize than a traditional private sale.

To View Bank and Lender owned homes, please visit my website for FREE Metro Denver MLS Search
www.PattiSellsColorado.com
Plentz@cherrycreekpros.com

What is Pre-Qualifying, and why do I need to do it?

Denver Real Estate

What is pre-qualifying?

Pre-qualifying is a simple 5 minute phone call to a lender. He will ask you a few questions about your income, your monthly bills, and check your credit score. After he examines your credit rating, how much you make vs rent, car payments, loans and credit card debt, he will then be able to determine how much you will be able to afford for a monthly house payment, and this establishes the amount you will be loaned for a home purchase.

Why do you need to do it?

Simply it determines the amount we have to work with when looking for a home.

If you think you can afford a $300,000.00 home, and we go look at a few, you fall in love with one. Now you speak with a lender and the process reveals you can only qualify for a $220,000.00 loan, you are going to be very disappointed. However if the bank determines you qualify for a $350,000.00, we can view a little more expensive home. Either way, your time spent has been unproductive. I have either shown you homes you can't afford, or homes that just fell short of what you really wanted.
Pre-qualifying benefits both you and I.

If I qualify for a $300,000.00 home do I need to spend that much?
Absolutely not!

My advice is to work backwards. Tell your lender what you can comfortably afford each month for a loan payment. Don't forget taxes and insurance will be added on in monthly installments. This can increase your payment by a couple of hundred dollars a month. HOA's (Home Owners Associations) is another monthly expense to consider.
Most condos and newer communities have monthly HOA's. This is paid for the upkeep and maintenance of the common community grounds. Always read your HOA documents to see what you are being charged for, and what your responsibilities are as a member of the community.

Now once we know what your loan maximum is, it is my job to find you a home that meets all your criteria, a home you will love, and not necessarily reach your maximum loan amount.
My ultimate goal is to help you buy a home you not only love, but can afford.
So please, just because the loan company says you are eligible for a certain amount, consider the monthly amount you are comfortable with, and work from there.
In the long run, you will be happier and so will I!
There are plenty of great homes to choose from no matter what your price range.

If you would like to see homes available through the Metro Denver MLS, please visit my web site for unlimited free home searches.
http://www.pattisellscolorado.com/
Plentz@cherrycreekpros.com

Denver Colorado Neighborhoods

Denver proper, has a multitude of little neighborhoods. Each has it's own unique character and charm. The most requested, for me, are Washington Park (Wash Park), Cherry Creek, Burlington, Platt Park, Belcaro Park and Hill Top.

Spring and summer are magical. Several of these neighborhoods boast Farmer's Markets, entertainment and family activities. All within walking distance. It's a treat just to walk the streets and say hello to your neighbors, as everyone seems to be out and about.

Here is the map for the Denver Neighborhoods. www.denver.org/metro/neighborhoods

If you would like to see the homes available in these areas, please visit my web site @
www.PattiSellsColorado.com
Plentz@cherrycreekpros.com

Tips For Selling A Home

If your thinking of selling your home, here are a few things to consider.

There are thousands of homes listed in the Metro Denver Multiple Listing Service.
There is more to selling a home than just listing it and hoping someone will find it in the masses.

It is a fact most home previewing is now done via the Internet. Where will your home stand out?
It has to be advertised on as many web sites as possible. Savvy home buyers are now doing their own searching on the Internet, so they have to be able to see your home.

It's a fact that a home with no picture, delayed picture or limited pictures spark little to no interest.
All homes must have multiple pictures at the very least, and virtual tours at best. When I get a request for more information about a property, it's usually for more pictures. If the home listing doesn't have them, I direct a client to a home that is similar with pictures. Check back in a few days for pictures doesn't work either, the customer has already moved on to another property.

If only Realtors have access to the MLS Service, how will the public see your home?
Well, you can hope another Realtor pulls it up to show a client, or you can have it emailed directly to interested home seekers.
My website www.PattiSellsColorado.com allows daily access of the MLS to hundreds of customers across Colorado and the U.S. Wouldn't it be smart to have your home marketed from as many established websites as possible?
In addition I directly Email your listing and pictures daily to clients that are looking for a home just like yours.These are just a few of the all inclusive services I provide to get your home SOLD.

With all the Foreclosures, the sellers market can be very competitive. Aggressive marketing and exposure give you the edge in selling a home.

If you are truly serious about selling a home, make sure you are getting maximum exposure via the Internet.

The more people that view your home, the greater the opportunity for a sale.

It's your money, so make sure you are getting the best possible service.
www.PattiSellsColorado.com
Plentz@cherrycreekpros.com

Foreclosure Homes

Since the beginning of this year I have shown several hundred foreclosure homes, only 2 of those could one actually live in.
My perception is, foreclosure homes are generally not a bargain.
I always prepare my clients before viewing a lender owned home, "this will not be pristine, bank owned homes usually need work" etc. Nothing I say, can actually prepare them for what they are about to see.
Lender or bank owned homes rarely have appliances. I have seen them without sinks, tubs and water heaters. Most often, there is no fridge, washer, dryer. Carpeting needs to be replaced. There can be holes in walls, broken doors and missing windows.
The nicer ones, in "move in condition", go quickly, an often for more than asking price.
If you are handy, patient, have extra cash, then fix up is for you.
If not, then please buy a home from a home owner, negotiate a fair price and move in!

To see foreclosure homes vs. private, visit my website for FREE Metro Denver MLS Home Search
www.PattiSellsColorado.com

Aurora Park Updated Kitchen 3B/3Ba Nice 2 Story

3 Bed, 3 Bath, 2500 sq ft. Maple Kitchen, Pella Windows, Newer Roof, A/C & Furnace. Across From Park. Solar Heat Assist. Furnishing For Sale Separately. Does Not Include Refrigerator, Washer Or Dryer.
Air Cond-Central, Burglar Alarm, Cable Available, Ceiling Fan, Corner, Disposal, Dishwasher, Eating Space/Kit, Fence, Master Bathroom, Quick Possession, Rv Parking, Smoke Alarm, Self-Cleaning Ov, Solar, Stove/Oven/Range, , Wood Floors, Wall/Wall Carpet $240,000.00

FREE DENVER METRO MSL HOME SEARCH @ http://www.pattisellscolorado.com/

Plentz@cherrycreekpros.com