Entries from February 2009
“I WON’T read the docs!”
“You MUST read the docs!”
“I WON’T read the docs!”
“You MUST read the docs!”
“I’ll save you, Nell.”
While I always encourage my clients to consult with an attorney when they are buying property, this is one thing I wouldn’t leave to anyone else.
YOU MUST READ THE HOMEOWNER ASSOCIATION DOCUMENTS!
Your attorney doesn’t know if:
- You sing opera in the shower at 2 am
- You take in your sister’s pit bull for 2 weeks every year when she is on vacation
- You plan to bring clients into your home
- You plan to rent out the basement
Rules and regulations, Declarations, Covenants and By-Laws vary from community to community. These are the governing documents for the entity.
Just as municipal, state and federal laws define what are acceptable and punishable behaviors, so do community docments. These documents help preserve the peace and safety of the members of the community, as well as the property values.
As a buyer, you will also be provided copies of financial documents and copies of the minutes of recent homeowner meetings before closing.
PLEASE review all materials CAREFULLY.
And PLEASE check the zoning laws, as well.
I have heard numerous sad stories over the years of folks who didn’t bother to read the condo or neighborhood rules–stories of buyers having to give away their beloved pets, for example, and stories of folks thinking it wouldn’t be a problem for them to bring clients to their home for massage or psychotherapy. Many condos and neighborhoods do not permit businesses to operate out of the homes. Many have pet restrictions.
If you are among the folks who don’t like restrictions, do not buy into a condominium or neighborhood with rules. It will only make you and your neighbors unhappy.
debpallai@comcast.net
Categories: Buyer Information · Homeowner Associations · On My Soapbox
Tagged: Buyer Information, Condominiums and Townhomes, Home Buying, Metro Denver Real Estate, Townhomes and Condominiums
Musical Stories — New Versions of Old Tales with Music and Song
Denver Public Library, Central Branch
10 West 14th Avenue
Saturday, February 28, 2 pm
Free!
Black History Month Celebtration
Performance honoring Sojourner Truth, Abolitionist
Performed by Wallace Yvonne Tollette
Saturday, February 28, 2pm to 3pm
The Grange at the Meadows
3692 Meadows Blvd, Castle Rock
Free! But limited to 100 people. Call ahead for reservations: 303-814-2358.
Inexpensive and Nutritious Easy Meals — One Pot Cooking
Saturday, February 28, 10:30 am to noon
Denver Public Library, Main Branch
10 West 14th Ave, Denver
to sell or buy, call…Debbie Pallai
debpallai@comcast.net
Categories: Around Town and Country
Tagged: Around Town, Around Town and Country, Denver, Denver Area, Metro Denver
First time home buyers will receive an $8000 tax credit or a tax credit for 10% of the purchase price of their home–whichever is lower–when they buy a home in 2009. Transactions must be completed by November 30, 2009.
This program, combined with low interest rates and home prices should encourage first-timers to buy now!
Click here for detailed information.
Or email me for more information:
debpallai@comcast.net
Categories: Market Conditions
Tagged: Buyer Information, Home Buying, Market Conditions
Residential and Condominium
All Areas
|
|
|
Change vs
|
|
|
Jan 09
|
Prior Month
% |
Year Ago
% |
|
Single Family (Res + Cond)
|
|
Active
|
19,748
|
0.76
|
-19.36
|
|
Under Contract
|
3,831
|
16.59
|
-15.80
|
|
Sold
|
2,469
|
-23.65
|
-17.34
|
|
Avg DOM
|
101
|
1.72
|
-11.38
|
|
Avg Sold Price
|
$213,330
|
-5.29
|
-16.85
|
|
Residential
|
|
Active
|
15,047
|
0.35
|
-19.60
|
|
Under Contract
|
3,134
|
17.47
|
-14.32
|
|
Sold
|
1,943
|
-24.84
|
-17.35
|
|
Avg DOM
|
99
|
1.02
|
-12.39
|
|
Avg Sold Price
|
$230,878
|
-4.18
|
-17.90
|
|
Condominium
|
|
Active
|
4,701
|
2.08
|
-18.57
|
|
Under Contract
|
697
|
12.78
|
-21.86
|
|
Sold
|
526
|
-18.95
|
-17.30
|
|
Avg DOM
|
107
|
2.88
|
-7.76
|
|
Avg Sold Price
|
$148,509
|
-8.76
|
-10.27
|
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debpallai@comcast.net
Categories: Market Conditions · Statistics
Tagged: Buyer Information, Home Buying, Market Conditions, Metro Denver Real Estate, Seller Information, Statistics
I’ve been taking small steps to practice real estate in a more sustainable way.
I drive a hybrid car.
When I print MLS descriptions for my clients, I reuse paper. I’ll use the back of brochures and flyers I’ve received at the office and the back of left-over brochures from my listings.
I used to leave 8-10 packets of disclosures on each property I listed. Now I upload those documents to DocBox on our MLS system. Selling agents can access them there, or call me to email them the disclosures. This reduces my paper use and eliminates my driving to listed properties to replenish the disclosure packets.
These are modest and easy ways to care for our planet. I urge my colleagues to join me in this effort and to share their strategies and techniques for reducing our impact on the environment.
debpallai@comcast.net
Categories: A Greener World · Buyer Information · On My Soapbox · Seller Information
Tagged: A Greener World, Environment, Green Pages, Home Buying, Home Selling, Live Green, Living Green, Sustainable Living
First Saturday at
The Denver Art Museum
Saturday, February 7, 2009, 10 am to 5 pm
Denver Art Museum
Denver Museum of Nature & Science Free Day
Saturday, Feburary 7, 2009, 9 am to 5 pm
Denver Museum of Nature and Science
Storytime with Crafts
Eugene Field Library
Thursday, June 5, 2009, 10:30 am to 11 am
810 South University Boulevard
Categories: Around Town and Country · For Kids
Tagged: Around Town, City Secrets, Denver, Denver Area, For Kids, Metro Denver
