Latest Listings from Elevation Realty

Why You Should Get a Home Inspection Before Buying Lowry Park Real Estate

February 21, 2018

When you find the house of your dreams and are ready to purchase Lowry Park real estate, it’s easy to get caught up in the excitement of a new home. Although this is an exciting time, it’s no reason to overlook one of the most important aspects of purchasing a new place: the home inspection. The home inspection is a critical part of the buying process that can save you a lot of money down the road.

It’s important to note here that there is a big difference between an appraisal and an inspection. An appraisal is an unbiased estimate of the value of a property made by a professional appraiser. This information is required by your bank when they grant a mortgage loan for the home.

An inspection is a closer look at the condition of the home as well as its components, such as plumbing, roofing, HVAC, electrical, and so forth. It uncovers problems with a home before you sign on the dotted line. You can either ask the sellers to fix the items or adjust the purchase price accordingly. One cannot substitute for the other.

Here are three important reasons why you should never skip the home inspection part of the home-buying process.

#1. You Can’t Judge a Book by Its Cover

This old adage holds true for a home as well. Just because a home appears to be well kept doesn’t mean there aren’t problems lurking below the surface. Even a newer home can have problems that aren’t visible to potential buyers during a home showing.

#2. You Can Save Money in the Long Run

The average home inspection runs about $300 to $500. This might seem like a chunk of change—especially in light of all the other expenses that go along with purchasing a home—until you realize that a home’s electrical system needs to be rewired to the tune of thousands of dollars. Suddenly that home inspection fee seems relatively inexpensive if it can save you from big expenses later on.

You can also include language in the purchase contract to enable you to back out of the deal based on the results of the home inspection.

#3. You Might Be Able to Negotiate a Lower Price

If a home you are interested in is at the upper end of your price range, issues uncovered during the home inspection might give you enough bargaining power to negotiate a lower price.

Another option is that you might be able to get the sellers to make the repairs to your satisfaction before the sale goes through.

Are you in the market for a home and ready to purchase in Lowry Park or Lowry Field? If so, it’s time to get in touch with the professionals who can help you through the entire process, including the home inspection. Contact Elevation Realty to be connected to a team of experienced real estate experts who are ready to share their expertise to make sure you make a good purchase on your next home.

Finding Your Ideal Kitchen in the Goldsmith Real Estate Market

February 14, 2018

The kitchen. It’s the heart of the home these days, and for many homeowners, it’s the most important room in the house. People who are looking to buy into the Goldsmith real estate market should tell their real estate agent immediately exactly what they are looking for when it comes to the kitchen.

What types of kitchens are people looking for? Let’s take a look at some of the most common design preferences.

A Large Kitchen

If you have a large family or if you do a lot of entertaining, you will be looking for a big, open style of kitchen. Lots of cabinet space is essential for storing all of those kitchen gadgets. Plenty of counter space for food prep and meal serving is also important. Many people love the big kitchen island that has become so popular today.

A sub-zero refrigerator takes cold storage to the next level, as does a six-burner stove and double ovens. Many people would like to see a walk-in pantry with plenty of shelving as part of their new kitchen.

Today’s preference for open spaces has also made it the kitchen with many homebuyers preferring their kitchen to be open to the family room for a clear line of sight. Many people like to have seating at the kitchen island or an eat-in area for a small breakfast table and chairs.

A Cozy Kitchen

If you are single or if you don’t do a lot of cooking or entertaining, your kitchen requirements are likely different from those looking for a large kitchen. A galley style with modern amenities—think a simple cooktop, microwave, and refrigerator—will be sufficient.

A small island with seating might be adequate for this type of homebuyer’s needs, with no other eat-in area needed. Enough counter space for food prep or cookie baking would be adequate. A small but functional kitchen means food can be prepared and clean up can be done quickly and easily.

What Else to Consider With Your Ideal Kitchen

There are plenty of other items to include when considering your ideal kitchen, such as:
  • Gas or electric stove
  • Type of countertop
  • White or dark cabinets
  • Lighting
  • Flooring
  • Updated kitchen versus one in need of renovation
Don’t hesitate to mention all of these items to your real estate agent when you start house hunting in Goldsmith. It can save you and your agent a lot of time if you already outline your expectations from the start.

The expert real estate agents here at Elevations Real Estate want to make sure you end up with the kitchen you have always wanted. We know what the available properties have, so we’ll only show you the homes that are most compatible with what you are looking for.

If you aren’t sure of what you want, let’s sit down and go over the possibilities. We want to pair you with the perfect kitchen—and the perfect home for your family and lifestyle!

Find out more about Elevations Real Estate by visiting our website and meeting our enthusiastic Realtors. When you’re ready to make the move to your ideal Goldsmith home, get in touch with us. We can’t wait to get started on an amazing journey!

Observatory Park Realtor Explains the Closing Process

February 7, 2018

Finding the house of your dreams is only the beginning. You not only have to pack up your old home and hire a moving company, but you also have to navigate the closing process. While an experienced University Hills real estate team will be able to help streamline your closing, it’s still helpful if you know what to expect throughout the process. Closing is not an overnight process and can take time. Here’s a brief guide of what to expect when closing on a house.

Scheduling the Closing Meeting

Before you actually close on the property, you’ll need to schedule the closing. Remember, closing procedures can take a while, so you’ll want to pick a time where you have at least a few hours to spare. Rushing through the process is the easiest way to ensure that you miss a vital piece of information. Additionally, you’ll want to consider avoiding closing at the end of the month. This will give both you and the seller more flexibility when finding an agreeable time to meet.  

Final Walk-Through

Every buyer is allowed to do a final walk-through within 24 hours of the scheduled closing meeting. This gives you one last chance to assess the property for damage that was done after you agreed to purchase the house. Should you notice any damage, you’ll want to address those concerns with the seller during closing. Depending on the severity of the necessary repairs, you may be able to further negotiate costs or get the seller to pay for the repairs once you’re moved in.

Gathering the Documentation

Before heading to the closing, you’ll want to make sure you have all the necessary documents on hand. Make sure to bring proof of homeowners’ insurance, copies of the real estate contract, the down payment on the home, and the photo ID of everyone listed on the title and mortgage. Without the right documentation, the closing cannot proceed and you’ll be forced to delay the process further.

Attending the Meeting

Closings take time and can feel tedious, even when you’re excited about moving into a new home. During the closing, you’ll go over the documentation, contract information, and be expected to sign dozens of forms and supplemental documents. The title agency will then run a lien search to make sure the title can be transferred over to you without issue. Should the property have an existing lien on the title, your realtor will help you navigate the resolution process. Keep in mind that problems rarely come up and you should be able to proceed with the closing without issue. Once everything is in order and all of the closing documents are signed by each buyer, you’ll be free to move into your new home at your convenience.

At Elevation Realty, we believe that buying and selling a home should be a pleasant experience. Our dedicated team of realtors will help you navigate the process whether you’re just entering the market or have been looking for properties in Observatory Park for months. Contact us to schedule an appointment with a member of our team and let us help you find your dream home today.

Hilltop Market Trends: Tips for Successfully Selling Your Home in Winter

January 31, 2018

Traditionally, winter isn’t considered the best time to list your home because fewer homebuyers are usually looking. But according to Hilltop market trends, this can also mean there is less competition and more opportunity to make your home shine. In addition, buyers tend to have more urgency to buy in the winter, so homes are often sold more quickly. In fact, a study by Redfin found that the average seller was more likely to get above asking price during the winter months.

Plus, Denver’s generally mild winters mean there are plenty of pleasant house-hunting days all winter long.

If you’re listing your home in the winter, here are some tips to make sure potential buyers have an enjoyable experience looking at your home.

Tip #1: Keep It Light and Bright

Open all blinds and curtain to let in as much natural light as possible. Turn on lights throughout the house, including in the closet. If you have rooms that are particularly dark, tuck away spotlights behind furniture to brighten things up.

Tip #2: Make It Toasty Warm

This isn’t the time to be frugal with the heating bill. It’s not a bad idea to bump up the thermostat so it’s a degree or two above the usuall. Not only will this make it comfortable for buyers, but it will prevent a noisy furnace from kicking on while buyers are there.

And if it’s a particularly cold day, a warm temperature inside might tempt buyers to linger just a bit longer.
If you have a fireplace, make a fire but don’t leave it unattended for too long. If you have a gas fireplace, turn it on.

Tips #3: Create a Cozy Ambience

Set the stage for comfort by tossing afghans or throws on the sofa. Fill vases with fresh flowers throughout the house. Set your dining room table with dinner for four. Add some spa touches to the master bath with items such as decorative soaps and lotions; hang plush bathrobes and towels.

Tip #4: Soothe With Some Quiet Music

Turn on some soft music, such as jazz, classical, or New Age. Don’t use a commercial radio station that has advertisement interruptions.

Tip #5: Go Easy on the Artificial Scents

If you have pets, it can be tempting to go overboard on scented air fresheners, but these scents can bother some people and others might be allergic. Instead, place a small bowl of vanilla in the oven and turn it on low; the aroma will be wonderful. If you are ambitious, you can make cookies ahead of time; just be sure to set some out for those who will be visiting so they won’t be disappointed!

Tip #6: Keep It Visually Pleasing

Make sure your home is spotlessly clean. Empty trash and recycling bins. Polish chrome and clean glass. If you have any undesirable views out any of your windows, partially close the blinds to make it less obvious. Display photographs of how your summer looks in the summertime. Pack away personal items to give potential buyers the opportunity to see themselves living in the home.

Tip #7: Clear a Path

If it does snow, make sure your walkway is shoveled so visitors can get into your home easily.

Talk to your local Hilltop real estate agent when you are ready to sell your home. Contact Elevation Realty today at 303-579-3566 to talk about when it will be the best time for you to list.

6 Tips for Preparing Your Observatory Park Home For Showings

January 24, 2018

We get it—selling your home can be stressful. After all, there are showings to coordinate, realtors to work with, and open houses to prepare for. All that work can seem daunting, but preparing your home for a showing or open house should be the least of your worries. Here are a few tips from University Hills real estate professionals to help you get your house in tip-top shape for prospective buyers.

Take a Look From the Curb

Your home’s exterior often forms prospective buyers’ first impressions about your property. When it looks messy, it can immediately cause them to lose interest in the house. Stand at the curb and examine your landscaping. Trim anything that looks unkempt and pull up any weeds in the lawn or garden bed. Wash the outside of your windows and clear away any leaves or debris from the walkway. The more inviting your house looks from the curb, the more interested buyers will be.  

Get Rid of Clutter

When you have a family, taming clutter can be a real challenge, but it can help make the house look more appealing. Before the showing, pick up any clutter that’s collected on countertops, dressers, and even closets. While buyers will often be more understanding if kids’ rooms look a bit messy, they may lose interest if the rest of the house looks like a mess.

Store Heirlooms and Favorite Items Elsewhere

While the vast majority of prospective buyers will be respectful of your property, others may not be. Rather than risking theft or damage to your favorite possessions, consider storing them elsewhere. If you have a storage unit, move the items until your home sells. If not, you can always remove the items during a showing and put them in the trunk of your car.

Take Care of Minor Repairs

Buyers like to know a home was well-cared for even if it’s older, so rather than letting minor issues slide, take care of them before the showing. Replace burned out light bulbs, lubricate squeaky door hinges, and repaint scuff marks on the walls. These little touches can go a long way when making a home more appealing to would-be buyers. If you have the budget, taking care of larger repairs and maintenance can help you get a better offer. Remember, the more well-maintained your home appears, the more likely it is to sell.

Air It Out

Even the nicest homes can start to smell musty over time. A few hours before the showing or open house, open the windows and let some fresh air in. This way, the house will smell nice without the use of chemical air fresheners or cleaning agents. If you have pets, take extra care to air out their bedding as well. Though you may not smell them, people not used to your house will.

Stay on Top of It

Preparing for showings can take a long time if you go whole days between cleanings. Instead of rushing to get the job done before the realtor arrives, stay on top of the basics. Wipe down bathrooms every other day and vacuum the most lived-in areas once daily. Don’t panic if the dirty dishes pile up—instead, get a little sneaky and stash them in the dishwasher the morning of the showing. You can always rearrange them or wash them by hand after the tour.

At Elevation Realty, we want to make buying and selling a home as simple as possible. Browse our featured properties and contact us today to speak with one of our dedicated realtors in Denver.