When the sun came out and the flood waters receded, many predicted it would take at least 10 years to recover. Now, at the 10-year mark, it is safe to say they were right. Five years ago, if you drove up Boulder Canyon, a sign proclaimed, “Temporary Road Open, Governor Hickenlooper”. Now, a decade post-flood, […]
Using a vision study to increase the value of your property
The value of real estate is often determined by its potential. When a seller places a property on the market, they often have not done any research as to what the best use of the property might be. Knowing exactly what can be done with a property in the future will often bring added value to […]
If you’re buying or selling a home, consider working with a Certified Residential Specialist (CRS)
To earn a real estate license in Colorado, an applicant must complete a total of 168 hours of coursework covering real estate law and practice, Colorado contracts, trust accounts, legal issues, closings, and practical applications. Colorado has much more stringent educational requirements than other states. Therefore, after agents are licensed and can practice real estate, […]
Buying a Home with a Septic System
Boulder County – Over the years we’ve learned a considerable amount about the impact of septic systems. There is clear evidence that aging, unapproved septic systems have been leaking into our water system. As a result, Boulder County implemented SepticSmart Regulations on September 1, 2008 in order to protect our health and environment. Here are […]
Should I pay my mortgage off before I retire?
Your financial professionals can help you decide if you want your mortgage loan paid off at retirement or if any of these other ideas work for you. (Photo: Pexels). At first thought, it would seem to make sense – why not have your house free and clear and have no house payments in retirement? If […]
Increasing the velocity of real estate wealth by limiting capital gains taxes
If you own your personal residence in Colorado, you have probably noticed that your recent tax assessment increased by a large percentage. If you are planning to sell your home in the near future, the increased appreciation will result in the likelihood that you have a large capital gain tax bill to pay. The Taxpayer […]
Increasing the velocity of your Real Estate with a Reverse Exchange
Real Estate Exchanges have been the main stay of building real estate portfolios for years. The main reason for the popularity of Exchanges is it allows you to trade one real estate investment for another, while deferring taxes on that transaction. This enables a more rapid increase in portfolio size, since more equity can be applied to the […]
Increasing the velocity of wealth with a college condo, Part 2
In my last article, Part 1 of “Increasing the Velocity of Wealth With a College Condo,” I discussed how purchasing a condo or house for your child to live in while attending college can be a worthwhile investment and can provide financial benefits and other advantages for your college student. As you evaluate this decision, […]