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Home Selling Blogs – Durango

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

Found 10 blog entries about Home Selling Blogs – Durango.

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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By Ryan Poppe - Last Updated: Wednesday, June 13th, 2018.

Should You Try To Sell Your House Without a Real Estate Agent?An FSBO, or For Sale By Owner property, can be tempting when it comes time to sell a home. Some homeowners decide to sell their own home because they don't want to lose part of their money to a real estate agent, while others take the FSBO route because they like to DIY everything, including the sale of their property. That said, there are a lot of potential pitfalls to selling a home without a real estate agent. Understanding the dangers and pitfalls can help homeowners decide whether or not an FSBO is the right choice for them.

Pricing Problems

Picking the right price is very important. Homes that are priced too high for the market can take months or even years to sell. The longer a home stays on the market, the harder it becomes to sell.

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By Ryan Poppe - Last Updated: Wednesday, May 23rd, 2018.

Marketing Tips for Home SellersMarketing a home to sell can be a challenge, especially for homeowners who have never sold a home before. There are many ways that home sellers market their property when it's listed for sale. Staging the property, improving curb appeal, hiring a professional photographer and a drone video camera operator are all ways that homeowners can market their property and make it stand out. These tips will help homeowners who are just learning the ropes of selling a home to make their property more attractive to potential buyers.

Stage the Property

Staging is the process of making the inside of a property look more appealing to home buyers. Staging starts with cleaning up the space and removing clutter. Removing clutter from the home is a lengthy

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By Ryan Poppe - Last Updated: Wednesday, March 21st, 2018.

How to Sell a Home With Pets Living in ItSelling a home where pets have lived is a little more complicated than just selling a home. These tips help home sellers to minimize the mess and the stress involved with selling a home while pets are in the building.

1. Stage a Pet-Free Home

Even though many buyers have pets, they may not necessarily delight in seeing a home that caters to them. The presence of pets could make buyers wary of the home's condition and what they might find as they open a door. Staging a home and taking photographs as if pets do not live there may be the best way to avoid triggering buyer concerns about what pet history does to a home.

2. Confine the Mess

Of course, trying to make it seem like the house has no pets when it does can be difficult for a home

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