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Louisville, CO Real Estate News

By Rob Kelly, Louisville Colorado Realtor
(RE/MAX Alliance)
Economic Stimulus Plan Benefits the Housing and Mortgage Industries      Just signed and sealed...a $787 Billion Stimulus Plan made up of tax cuts and spending programs aims at reviving the US economy. Although the package was scaled down from nearly $1 Trillion, it still stands as the largest anti-recession effort since World War II. Home owners and potential homebuyers stand to gain from key provisions in this stimulus plan. Here is what we know as of today... Tax Credit for Homebuyers First-time homebuyers who purchase homes from the start of the year until the end of November 2009 may be eligible for the lower of an $8,000 or 10% of the value of the home tax credit. Remember a tax credit is very different than a tax deduction - a tax credit is equivalent to money in your hand, as o...
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By Rob Kelly, Louisville Colorado Realtor
(RE/MAX Alliance)
We had a great meeting of our Cash Flow 101 Group in Louisville, Colorado Feb 20, 2009!   We encouraged all who have children to bring them along, ended up with approx. 8 kids and  Approx. 18 adults.   The kids made a run at playing "Cash Flow for Kids" but quickly ended up in a massive run around the building free for all...while the adults focused on the game.  Thanks to Susan and Kathy @ the Marketplace Bakery, 820 Main Street, Louisville for keeping us supplied with tasty bakery treats, coffee and drinks.  www.marketplacebakery.com   The Louisville Cashflow Game Night was established to provide a casual environment for both the seasoned real estate investor and those who are simply curious; to develop knowledge required to establish long-term passive income and financial freedom. Ar...
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By Jody Gray
(RE/MAX Alliance Louisville)
Louisville, Colorado has lost a very important role model! John or "Jesus on a bike" , as he was called by many, lost his life last week doing what he loved, picking up after the residents of Louisville and Lafayette, Colorado. John considered everyone to be his friend. We were all his people! At any time during the day you could drive through the streets of Louisville and see him on his bike. He would smile and wave to you as though you were a movie star in your own parade. My children were quick to point him out so we would not miss the chance to see his smile. You could see him at 7:30 in the morning when you were driving the kids to school or late at night after a full day of showing homes. I now drive through the neighborhood where he lived and expect to look up and see his smiling...
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By Alfred Saussotte
(Your Castle Real Estate)
If you are looking for some good investment property in the area call me. I came to Denver first during the oil and gas boom in the 70s, know the area. 303-668-3760 cell
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By Alfred Saussotte
(Your Castle Real Estate)
It is an exciting time for real estate in Denver.  There are some very good deals available
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By Rob Kelly, Louisville Colorado Realtor
(RE/MAX Alliance)
  Flip Project(s) Open House Saturday Jan 31, 2009 Interested in following a residential flip project in real time? Welcome to our "Investor Tag Along"! Your opportunity to experience a flip project in person or via the web. Humboldt Street property Complete! This Saturday Jan 31,  2 pm to 4pm we welcome you to a project completion walk through at our Northglenn, Co flip project!  Come by between 2 and 4 pm for a tour. It's been a busy 6 weeks but we are ready to present our Northglenn Flip project! We are down to punch list items at this point, paint touch up, smoke detectors, bath accessories, etc. 11364 Humboldt Street, Northglenn, CO 80233 * Check out the final product prior to listing for sale * Talk to our vendors  * Ask questions regarding timeline, budget, quality 1962 Brick ran...
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By Rob Kelly, Louisville Colorado Realtor
(RE/MAX Alliance)
Interested in following a residential flip project in real time? Welcome to our "Investor Tag Along"! Your chance to view a flip project in person or via the web. This weekend Jan. 17  11am to 1pm we had a good turnout for the Investor Tag Along!  Thanks to all who attended.     Started setting cabinets this weekend, uppers are in and base should be complete tomorrow.  Ordered a nice appliance package from Lowes:  Frigidaire Gas Range, 21 CF Refrigerator, Dishwasher and Microwave oven.  Saturday delivery, $1900, Lowe's likes to deal!     Sunset Maple Cabs 42@ Upper Units     "Thinking of Real Estate?  Think of Rob!" www.RobKellyColorado.com www.DenverForeclosureTour.com Twitter: @RobKellyCo  (follow me on twitter for dynamic updates)     This week   Granite Tile counterops and tile back...
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By Rob Kelly, Louisville Colorado Realtor
(RE/MAX Alliance)
Louisville, CO, January 16,2009 - Rob Kelly of RE/MAX Alliance of Louisville and David J. Robbins of Golden Lenders will be hosting a Foreclosure Bus Tour on Saturday, February 7, 2009. This Foreclosure Bus Tour will provide investors, first time home buyers and others the best opportunity to invest in the current market. The tour will showcase some of the best bank owned properties in the Denver Metro area. It is open to the public. Participants will have an opportunity to view 6-8 homes. The tour is a 3 hour "Rolling Classroom" that offers education and plenty of time for questions of their Licensed Realtor (Rob Kelly), Certified Home Inspector (Evan J. Hughes) and Licensed Mortgage Broker (DJ Robbins). In addition, an Attorney (Kurt Hofgard) will be available for questions regarding ...
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By Rob Kelly, Louisville Colorado Realtor
(RE/MAX Alliance)
        Interested in following a residential flip project in real time? Welcome to our "Investor Tag Along"! Your chance to view a flip project in person or via the web. This weekend Jan. 17  11am to 1pm we'll be having our Investor Tag Along event.  All are welcome to stop by and check out the progress real time.  As all the questions about subcontractors, budgets, challenges, etc. 11364 Humboldt Drive, Northglenn, CO  80233   We are about 85% complete on our Northglenn, Co fix and Flip project. We are now officially behind schedule...probably about 1 week.   Budget is under control and quality is very good, so we'll take one for the team on schedule. Completed: Hardwood Floor refinish (awesome job, they look like new!) Interior paint completed Interior doors installed Tile in Baths/K...
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By Rob Kelly, Louisville Colorado Realtor
(RE/MAX Alliance)
2009 Concrete Survey &Concrete Replacement Program The Public Works Department is currently conducting a concrete improvement survey within public right-of-way to determine potential replacement items for the 2009 Concrete Replacement Project. Curbing and/or sidewalks that exhibit signs of settlement greater than 3/4-inch and pose a safety hazard or that exhibit excessive cracking and fragmentation shall be included in the program replacement list for consideration. Concrete inspected shall be prioritized on the basis of condition and safety hazard. As limited by budget, only a portion of the overall replacement list will be included in this year's contract. Concrete within driveways will not be replaced as part of this program. If you have concrete adjacent to your property that is wit...
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By Rob Kelly, Louisville Colorado Realtor
(RE/MAX Alliance)
I thought Denver was a great place to work and live...turns out we are number 7!   Denver Rank: 7Workers who would like to move there: 7%Median household income: $44,444Median home value: $206,669Annual home price change: -6.7% The Mile-High City, located near the foot of the Rocky Mountains, is a popular place for outdoor enthusiasts. It has a large park system, 300 days of sunshine each year, and opportunities for biking, skiing, rafting, and hiking. The city's largest employers include Qwest Communications, HealthOne, Lockheed Martin Corp., the University of Denver, and United Airlines. Environment (climate, park space, natural resources) is the city's best attribute (It was cited by 74% of workers in the survey). Also high on the attribute list: affordability and image.   You can re...
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By Rob Kelly, Louisville Colorado Realtor
(RE/MAX Alliance)
Finally!  some "bailout" type money coming to Colorado...   Colorado will receive $34 million from the U.S. Department of Housing and Urban Development to deal with the effects of foreclosures and declining home values, under a plan approved Monday by HUD Secretary Steve Preston. The funding is coming from HUD's national $4 billion Neighborhood Stabilization Program, which provides emergency assistance to specific neighborhoods by acquiring and redeveloping foreclosed properties that might otherwise become sources of abandonment and blight. "It is critical that we work closely with state and local governments to put this money to work as quickly as possible," Preston said in a statement. "Stabilizing neighborhoods is what this program is all about. HUD will continue to work closely with...
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By Rob Kelly, Louisville Colorado Realtor
(RE/MAX Alliance)
If any of you folks like to work with investors, here's a quick article by RE/MAX Times about a few of the programs that we are operating...we were interviewed a couple of weeks back, here is the finished article...   RE/MAX Times Online                 Building Your Business     Here are 4 Ways to Connect with Investors By Deborah Ball, RE/MAX Times Associate Editor   People looking to invest their hard-earned money in property that builds long-term wealth undoubtedly want to work with a real estate professional who knows the ropes. You can be that agent, says Rob Kelly, a veteran investor and a Sales Associate with RE/MAX Alliance in Louisville, Colo. Kelly works mostly with investors, helping them purchase homes to gain self-generating income. But operating in this niche, he says, in...
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By Rob Kelly, Louisville Colorado Realtor
(RE/MAX Alliance)
Interested in following a residential flip project in real time?   Welcome to our "Investor Tag Along"!  Your chance to view a flip project in person or via the web. We are about 75% complete on our Northglenn, Co fix and Flip project.  Initial schedule projected  a 4 week project, we look to be on time.   Holiday breaks are cost us a couple of days,  but overall progress and quality is good and we have encountered no major problems to date. This weekend is interior painting, so we'll have to back off tile install until the air clears.   Hardwood floor refinishing is scheduled to start Monday, we'll allow 3 days for patching, sanding and 2 coats of polyurethane.  Carpet install to follow.   Status:   All drywall texture complete 6 Panel door installation 100% complete Upstairs bathroom ...
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By Rob Kelly, Louisville Colorado Realtor
(RE/MAX Alliance)
Have you taken down the holiday decorations?  Ready to get rid of that tree?   Consider calling the in the Scouts! Christmas Tree Pick Up Pack 82 Cub Scouts will be picking up Christmas trees from Louisville residents on Saturday, January 10, 2009. If you would like to have your tree picked up, please call 303.335.4998 by 5:00 PM on Friday, January 9, and leave your name, address and phone number. A $5 donation for trees under 7 feet and a $10 donation for trees 7 feet and over is appreciated and can be left in an envelope attached to your front door. Please leave your tree at curbside and remove all decorations. The trees will be taken to the City’s Branch Recycle Site and turned into mulch for residents to use throughout the year. "Thinking of Real Estate?  Think of Rob!" www.RobKelly...
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By Rob Kelly, Louisville Colorado Realtor
(RE/MAX Alliance)
Here is a copy of the new FHA rules and limits sent by Title America.I got this from my friendly Title Rep, thought the AR folks might be interested in this update...   NOTICE OF UPDATES TO THE 2009 FHA MORTGAGE LIMITS As a result of the appeals process outlined in Mortgagee Letter 2008-36, single family mortgage limits for 2009 have been updated for 54 counties. Those counties represent five Metropolitan Statistical Areas and one non-metro county. A listing of affected counties, with the final median prices and FHA (forward, non-HECM) loan limits for 2009 is posted on HUD's Website at: http://www.hud.gov/offices/hsg/sfh/fha2009.pdf   FHA accepted appeals for those counties where it did not already have a comprehensive listing of property sale transactions for the look-back period (Janu...
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By Rob Kelly, Louisville Colorado Realtor
(RE/MAX Alliance)
Interested in following a residential flip project in real time?   Welcome to our "Investor Tag Along"!  Your chance to view a flip project in person or via the web. We are about 50% complete on our Northglenn, Co fix and Flip project.  Initial schedule projected  a 4 week project, we look to be on time.   Holiday breaks are costing the schedule a bit, but overall progress and quality is good and we have encountered no major problems to date.   Status:   Drywall Texture 50% complete (upstairs) 6 Panel door installation 50% complete (basement) Tile selected and on site Underway: Upstairs bath tile install for tub surround/floors Upstairs 6 panel door and closet installs Ordering cabinets and appliances Drywall texture in basement bedrooms/living area This week: Complete Texture Complete ...
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By Rob Kelly, Louisville Colorado Realtor
(RE/MAX Alliance)
Final in a series of Blog Post's on a Christmas Day BPO assignment turned into a Rocky Mountain scenic tour... After leaving Nederland, I headed East down Boulder Canyon.  Along the way I passed Barker Meadow's Lake Reservoir (Boulder's drinking water supply) and made a quick stop at Boulder Falls.  Barker Meadows Lake was cold and windy so i stopped for a minute to grab a couple of pictures.   After that, I headed down to Boulder Falls, where the "falls" are largely frozen, but you can hear/see the water moving behind the ice, very cool!  Here's a quick link to a video shot of the "frozen falls":  http://www.youtube.com/watch?v=e-pzZCIg95E  if you turn your computer sound up a bit, you can hear the water flowing!    
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By Rob Kelly, Louisville Colorado Realtor
(RE/MAX Alliance)
A continuing series on a Christmas Day BPO turned into Mountain scenic drive...   After leaving Rollinsville, I continued north on Hwy 119 to the Town of Nederland, Colorado.  Nederland is base camp for my two girls favorite Ski destination, Eldora Mountain Resort.   http://www.eldora.com/.   Our girls have taken ski/snowboard lessons here last year and will start again in Jan. 09.  Great family oriented ski mountain, excellent classes and instructors.  It's not a "world class" double black diamond resort, but it's 45 minutes from our house, which makes for great "drop the kids at school and hit the fresh powder" type mornings for my wife and I!   While at Nederland I had coffee in a converted Railroad car, took a look at the Nederland mining museaum http://www.nederlandmuseums.org/, an...
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By Rob Kelly, Louisville Colorado Realtor
(RE/MAX Alliance)
After completing the required pix and info on the subject BPO, i headed west a mile or so and intercepted Hwy 119.  A few miles heading north I encountered the town of Rollinsville, CO.  We passed right through here on a Denver Ski train to Winter Park, Colorado last March.  Great train ride, approx. 2 hours each way from Downtown Denver all the way to the base of Winter Park.  Wikipedia sums this up Rollinsville  best in the following paragraph:   Rollinsville is a small unincorporated town and a U.S. Post Office located in Gilpin County, Colorado, United States. It is located in the mountains southwest of the city of Boulder, on the flank of a hill above South Boulder Creek along State Highway 119 between Nederland and Black Hawk. It consists of a small cluster of residences and sever...
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