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Wednesday, September 30, 2009

REALTOR® Magazine-Daily News-Cloudy Future for Solar Power

I've had a couple of friends do this and they love seeing their meter run backwards! In Grand Junction we have a lot of homes with hot water baseboard heat and evaporative coolers. The solar saves more money on homes with condensed air conditioning and forced air heating.

REALTOR® Magazine-Daily News-Cloudy Future for Solar Power

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Friday, September 25, 2009

REALTOR® Magazine-Daily News-How to Beat the Tax Credit Deadline

This article holds some very good tips for 1st time home buyers. One of the things I've been running into lately, is that there are some homes in a short sale situation that are a really good deals. Unfortunatly, depending on where the sellers are in the process, there is a good chance that despite your best efforts the bank will take too long to get their ducks in a row and you will miss out on the tax credit. The banks are overwhelmed and it isn't unusual to submit an offer and have to wait 60-120 days or longer to hear if the bank will accept the offer.


Click here to read REALTOR® Magazine-Daily News-How to Beat the Tax Credit Deadline

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Monday, August 24, 2009

My Favorite Quote....

....from this article is "It is like going to the mall and everything is on sale." Between the great prices and the $8,000 tax credit there are deals to be made. I'm trying to figure out how I can get the tax credit! I enjoy free money. I enjoyed the following article in that was in our local paper yesterday.

Click Here to read-First-time homebuyers find warm, cozy market-Daily Sentinel Article


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Friday, August 14, 2009

Mesa County Real Estate Trends For Last 20 Years

Let me just start by saying....be prepared to be surprised. The following graphs show how many homes have sold each year in the last 20 years. It is definitely an eye opener. That being said I think we need to learn from our history. If I had a penny for every time one of my parents said.."I should have bought that home on the corner back in '85. It was a HUD home priced for $75,000 and it just sold for $250,000 last month" or "Back in '85 that home was going for $65,000 and my payment would have been around $500 a month. I never really liked it much for me, but he is getting $1300 a month for rent on that thing, now." As we watch these homes come on the market and the asking prices dropping, this is a great time to invest in our future. Just remember to make sure it will cash flow (pay for itself) today. Graphs were provided by Heritage Title Company.