Buyers Info

Are you thinking about buying some real estate in Summit County?

Land

Probably, your best pure investment is land! Land values in Summit County, although mostly flat during 2002 and 2003, have surged in the past resulting in the supply of good residential properties being substantially reduced. CLICK HERE, for sales history. As we start 2004 buyers are coming back and the supply is being absorbed. This will likely continue and eventually result in higher prices.  The message is BUY LAND NOW! This is an unbelievable investment, whether you're considering building in the future or just resale.

Residential land values usually range from approximately $ 100,000 to $400,000 for parcels of 1/2 to I acre in residential developments. The price depends on such variables at mountain views, sun orientation, and access to rivers, lakes and golf courses. As is often the case, location is everything and mainly determines value.

Do you want to know what's available now... and the price ranges? I have the perfect solution. I offer a free land tour which takes approximately 90 minutes. This will provide you with an excellent education about Summit County land values and what I believe are some of the best land investments.  You will then have a much better understanding of what is available and be in a better position to make the right decisions.

Call now, to make an appointment for a free land education tour of Summit County. You won't be sorry. (970) 668-8650 or contact me by E-Mail.

Land and Home Design

If you are planning to design and build a home, you really need to purchase land first. Such variables as land topography, views and orientation to sun will very likely have a significant impact on your house organization and design. For example, if your land slopes downward, you may decide to put the garage in your basement along with a walk-out bedroom or family room. This results in a very cost effective approach.

Mountain Homes

In Summit County, mountain homes take many forms: private residential homes, log homes, townhouses and condos. Prices range from $85,000 for a condo to several million for well located larger homes. CLICK HERE for sales history.

50% Fractional Ownership

Is your available vacation time less then 6 months per year?  Would you like twice the home for your money?  Do you prefer a high end fully furnished home versus a condo / townhome?  CLICK HERE for 50% fractional ownership.

Want to know what's available and what might work for you?

I have the perfect solution: an MLS (Mountain Region Multiple Listing System) search.

  • MLS Information

I can provide you with a personalized search of the Mountain Region MLS. This is a complete listing of real estate offerings in Summit County. To obtain this information, you will need to complete a brief form which defines your areas of interest. I will first contact you to better understand your interests. First, I will contact you to better understand your overall plan, then I will enter your information into the computer to obtain all listings information and photos that relate to your interests. After receiving this data, you will now have a better idea about what may work for you. Then finally, when you come to Summit County, I will personally take you to see those properties of your interest when you are available.

CLICK HERE to obtain our MLS Search Form.

  • Other Options

Another option is to inform me of your real estate interests, either by phone, FAX or E- Mail. I will then research the listings, personally see them, and then provide feedback to you by E-Mail, FAX or mail, along with any recommendations. Then when you come to Summit County, I will personally accompany you to any listings in which you are interested.

If you already know of specific properties that you would like to see or about which you would like information, let me know the location and I will follow through.

Financing

A critical component of buying property is financing. Although you certainly may use any mortgage lender of your choice, there are definite advantages to working with local companies who know this geographic area and relate to financial institutions which understand Summit County real estate.

There are many excellent mountain mortgage lenders who provide land and residential financing. Some are as follows:

Power Mortg Corp. 
PO BOX 7879
Breckenridge, CO 80424
Contact: Terry Power
Comments:
Specializing in Jumbo Loans

Main St. Mortgage
119-B Main St.
Dillon, CO 80435
Phone: (970) 468-1333
Contact: Conrad Olson
Comments: all mortgages except land

Loans at Wholesale
350 Indiana St.
Suite 800 Golden, CO 80401
Phone: (888) 766-1410
Contact: Keith Brown
Comments: all mortgages

1031 Exchange Information

The Internal Revenue Code provides a procedure for turning a sale and purchase type transaction into an exchange. This allows owners to defer capital gains tax if they sell certain types of like kind real and personal property and buy other like kind property within certain specified time periods. For additional 1031 exchange information, CLICK HERE.