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Our teqm has just listed a fantastic townhome in The Broadlands Broomfield Townhomes. 13738 Rock PointBroomfield, CO 80023 The Broadlands $450,000 Beds: 3 Fin SqFt: 2330 Baths: 4 Year: 2003 # Of Photos Avail: 27V-Tour Available: YesMLS #: 4614849 Status: Active Listing Office:Mb The Brian Petrelli Team Broker Remarks: This Gorgeous Meticulously Maintained, Bright And Vaulted Broadlands Townhome Is Move In Ready! 3 Bedrooms, 4 Baths, A Main Floor Master W/5 Piece Bath And Finished Basement Make This The Perfect Home! Patio Backs To Open Space With Lake Views Of Plaster Reservoir. So Many New Features In This Home ... More... Disclosures While the current demand from homebuyers continues to outnumber the available homes, we continue to watch the active inventory of Broomfield T...
By KAREN THOMPSON, GRI, REALTOR, Colorado Homebuyer Pro
(KTHOMES, LLC)
Home Hunting Hotline | Sellstate ACE Realty | hhhco@sellstate.com | 303-531-0319 4535 Nelson Dr., Broomfield, CO Call us 24/7 for recorded info: 1-888-324-4059 ext. 3084 3BR/2BA Single Family House offered at $285,000 Year Built 1999 Sq Footage 3,280 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 1 Parking 2 Car garage Lot Size 6,300 sqft HOA/Maint $43 per month see additional photos below PROPERTY FEATURES - Fireplace - Family room - Basement - Laundry area - inside COMMUNITY FEATURES - Garage parking OTHER SPECIAL FEATURES - Corner lot - Built-in entertainment center - 5 pc. bath - family neighborhood - Very motivated seller ADDITIONAL PHOTOS Photo 1Photo 2Photo 3Photo 4Photo 5Photo 6 Contact info: Home Hunting Hotline Sellstate ACE Realty hhhco@sellstate.com 303-531-0319 For sale by ...
Colorado Mortgage Broker Licensing In response to the troubled national real estate market and Colorado’s high volume of home foreclosures, efforts have increased to make higher caliber professionals involved in real estate. Licensing, rules and regulations have become more stringent for agents, appraisers, title companies and mortgage brokers. In regards to mortgage brokers, the below items are mandatory. No longer can someone open up the Yellow Pages, claim to be a mortgage broker and then be compensated for placing a loan --- what a novel concept. Before committing to a mortgage broker, please make sure that they are licensed in Colorado by searching for them on the following link: http://eservices.psiexams.com/crec/search.jsp• LicensingAll mortgage brokers conducting business...
Investing in Real Estate 9 – Scrapes, Pops and New ConstructionThis blog will discuss a type of real estate investment, scrapes, pops and new construction, in The Broadlands.What this investment is: Purchasing a small home in an expensive neighborhood that may or may not need work. The home is bulldozed and a new home or duplex is put on the lot. Alternatively, the existing home is renovated and more square footage is added on. A pop-top is adding a second story to an existing home to add more square footage (commonly, a master bedroom suite).Equity needed: Being able to document your income and your assets will be critical. For a commercial loan, your net worth should generally be at least as much as the loan you are seeking. The good news is that the commercial loan usually doe...
Investing in Real Estate 8 – Condo ConversionsThis blog will discuss a type of real estate investment, fix and flips, in The Broadlands.What this investment is: A synthesis of the fix and flip and rental operations - purchasing an apartment building in a neighborhood dominated by owner occupants, then converting the building from apartment building to condominium. Often requires renovation of the units to meet the expectations of owner-occupant buyers in that area. Complex and time consuming, but has wonderful tax advantages compares to fix and flips and often has superior returns to all other asset classes. Ideally suited for the sophisticated investor with extensive experience. Equity needed: Being able to document your income and your assets will be critical. For a commercial l...
Investing in Real Estate 7 – Fix and FlipsThis blog will discuss a type of real estate investment, fix and flips, in The Broadlands.What this investment is: Purchasing a home that needs work. The scope can range from the basic "paint and carpet" to extensive overhauls to scraping a decrepit property and completely starting over. Usually does not involve tenants, and the objective is to get in and out of the property as quickly as possible. Great for beginners with the right skill sets or the willingness to learn.Equity needed: With hard money loans (defined in next paragraph), potentially 0% and they’ll finance the construction costs, too. Expect a LOT of strings to be attached. A small local lender might give you 75% of the purchase price and the renovation budget, and the terms...
Investing in Real Estate 6 – Lease OptionsThis blog will discuss a type of real estate investment, lease options, in The Broadlands. What this investment is: A lease option (L/O) is Acquiring control of a property (though not necessarily ownership), then leasing the property to a tenant. The lease is bundled with an option, so the tenant can (but does not have to) purchase the property for a given price within a given time frame. Again you are seeking a tenant for a property, but usually for a slightly longer term (12-18 months) and frequently (though not always) with the goal that the tenant purchase the property from you at the end of the lease. If you purchase the property, then it's an easier process; if you find a highly motivated seller to let you re-lease the property to anot...