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Home Selling Blogs – Durango

Home selling advice for Durango residents from the Colorado Property Group.

Found 13 blog entries about Home Selling Blogs – Durango.

By Ryan Poppe - Last Updated: Wednesday, November 13th, 2019.

Real Estate Liens: Facts and Ways to Deal with ClaimsUnknown liens and encumbrances can derail a sale, so it's vital to know if there are claims against the property you want to sell. Typically, an owner will be aware of a lien at the time it is filed against the home, but not always. In some cases, the existence of a lien is discovered only during a required title search prior to closing.

A lien is essentially a notice attached to the property deed. It represents a monetary claim, which must be cleared or "satisfied," before the title can be transferred to a new owner. Property liens are public record. In order to be valid, they must be filed, typically with the clerk of the county in which property is located. A lien is valid only for a specified length of time; it varies with the type of lien and

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By Ryan Poppe - Last Updated: Tuesday, September 3rd, 2019.

What Do Sellers Have to Tell Home Buyers?When sellers are assessing their properties for sale, they may wonder what they need to disclose to the buyers. From flooding to mold, all homes hide their fair share of secrets, and sellers may not always be eager to confess it all. However, trying to hide the uglier parts of the structure can end up being a legal mistake that can cost a seller dearly. Learn more about the rules of disclosure, and why sellers are encouraged to tell it like it is.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

The State of the Matter

What a seller has to disclose is dependent upon the state in which the property is located. However, most states will break down the

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By Ryan Poppe - Last Updated: Tuesday, July 16th, 2019.

Put every advantage to use when selling a home including virtual reality.Imagine if a prospective buyer could walk through your house, without having to travel to get there. Imagine if you could show your home without having to clean it each time and disrupt your family's schedule? Imagine if more people could see your home, in detail, even if they lived out of the state or the country? These are just some of the benefits virtual reality can bring to the sale of your home, especially in a buyers market.

What is Virtual Reality?

Virtual reality is an immersive technology that allows users to “walk through” an entire home and property. Virtual visitors can look up, down and around each room, “move” from room to room, and even take a tour of the front and backyards. It is as close as one can get to being in the house as

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By Ryan Poppe - Last Updated: Tuesday, June 4th, 2019.

What You Should Know Before Opting for a Reverse MortgageA reverse mortgage is a type of loan that homeowners can use to pay off unexpected expenses or help fund their retirement. However, it's terms aren't the same as a standard loan from a bank. Instead of paying for a home, a lender will 'take' equity away from the homeowner in exchange for a standard mortgage payment. See how it works and whether it's worth it for a homeowner to take the risk.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

Meeting the Criteria

Not every homeowner is eligible for a reverse mortgage. Here are the requirements every applicant must meet:

  • Homeowners must be aged 62 or older.
  • Homeowners must not have any outstanding
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By Ryan Poppe - Last Updated: Tuesday, May 14th, 2019.

Selling Your Home? Look Out For These Red FlagsThere’s countless pieces of advice telling buyers all the different red flags they need to be looking for when buying a home, but what about red flag for sellers to look for in buyers? Not every interested buyer is going to be the right buyer for a home, and there are several signs that sellers should always be on the lookout for when considering offers on their home. Here are some of the most important red flags to know and be aware of before accepting an offer to sell any home.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

1. Too Many Contingencies

When used properly, contingencies can protect both buyers and sellers from a bad deal and give

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By Ryan Poppe - Last Updated: Monday, January 21st, 2019.

How to Get Good Real Estate Photography PhotosGood listing pictures are a big draw for home buyers. For home sellers who will soon be listing their home for sale, it's very important to get high quality photographs. One of the first decisions homeowners must make is whether to take the pictures themselves or hire a professional. If you're a home seller entering the real estate market, here's what you need to know.

DIY or Pro: Which One Is Better?

Professional photographers spend years learning how to take a picture from the right angle, which lighting is best, and how to use their equipment. By the time a professional has been in business for several years, they should know the best techniques for capturing the space and beauty found in a normal home interior. In addition, many

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By Ryan Poppe - Last Updated: Wednesday, November 14th, 2018.

Using Drones to Sell Your HomePhotography is an important part of selling a home. Good photographs are important for showing off a home's best features. However, standard photographs are not always adequate. Home sellers seeking a more creative marketing tool sometimes turn to drone photography and video. Here's what you need to know.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Limitations of Standard Photography

Standard photography has limitations that can be troubling to some Dolores home sellers. While home traditional photography can show a buyer what a home looks like on the outside and inside, there are many details that tend to be lost in standard photographs. For

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By Ryan Poppe - Last Updated: Wednesday, October 3rd, 2018.

What to Expect When Going Through ForeclosureWhen homeowners can no longer make the payments on their mortgages, they may end up going through a foreclosure. This term refers to a series of steps that end in the lender claiming ownership of the home. The early stages of the process may begin as soon as a person starts missing payments, but it often can be reversed. Going through foreclosure may feel overwhelming or scary, and understanding can help lessen these feelings. This information helps Vallecito Lake homeowners determine their options and what they will be expected to do if their home is foreclosed.

For informational purposes only. Always consult with a financial advisor before proceeding with any real estate transaction.

What Does Foreclosure Mean?

Foreclosure is a process

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By Ryan Poppe - Last Updated: Tuesday, August 21st, 2018.

How to Short Sale Your HomeDifficult times occasionally hit everyone, homeowners included. Sometimes, homeowners find themselves needing to sell their homes, though finding that they owe more on the home than what they can sell it for. In most cases, however, these types of homeowners may be able to sell their home in a short sale to avoid having their home go into foreclosure. It's not an ideal scenario, but it can work to a seller's advantage once they understand the process.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

The Perks of a Short Sale

Sellers who want to protect their credit score during a financially uncertain time should know that they'll typically lose fewer

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By Ryan Poppe - Last Updated: Wednesday, June 20th, 2018.

The Joys and Perils of Buying and Selling Vacant LandBuying and selling land is one of the least demanding types of investment in real estate. The idea is to purchase a piece of land, wait for it to appreciate in value, and then sell to a very hungry developer. Investors may not need to not make any changes during their course of ownership! But what happens if the land fails to appreciate? What happens if the buyer finds that the land isn't zoned for building? To go into the investment with both eyes open, an investor may need to think a few things through before signing on the dotted line.

For informational purposes only. Always consult with a financial advisor before proceeding with any real estate transaction.

Time Marches On

Raw land is not necessarily meant to be a short-term

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