Need a Cozy, Private Place for Guests?

3325 Folsom Street, Boulder, CO 80026

013329165_320x240Price: $599,000

Beds: 4

Bath: 3

Square Feet: 1782

This central Boulder home has been beautifully remodeled with some very cool features. There are refinished wood floors, skylights and stainless in the kitchen, new interior paint and french doors out to the enormous back yard. Also, don’t forget this home comes with a separate 430 sq ft guest house which has also been tastefully finished. If you need a cozy, private place for guests or a college age kiddo, this home may really fit the bill.

Another great thing is the Folsom and Iris location. This home is in a charming older neighborhood, central to everything you could possibly want in Boulder, and there is no HOA here.

So what’s the rub? While the living spaces are beautifully redone and very sophisticated, the bedrooms themselves and the living room are a bit on the small side.

Listing Details

If you have questions about this home, feel free to give us a shout at 303-956-7122!

-Allison Benham

This Victorian Cottage is Not Short on Charm!

501 South Roosevelt Avenue, Lafayette, CO 80026

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Price: $298,500

Beds: 3

Bath: 1

Square Feet: 1238

This cottage in Old Town Lafayette will make you feel like a kid again! If you love the feeling of a farmhouse cottage, this is for you! You can explore the nooks and crannies and feel like you’re transported back in time. The master bedroom is a converted attic with plenty of storage and tons of natural light.

The kitchen is open to the living room so the layout is inviting. There is also some exposed brick, giving it a modern feel in a traditional home. The large yard is waiting for someone to get their hands dirty in the garden. There are also community gardens right down the street.

So what’s the rub? The charm comes with time! The home was built in 1910, so she has some years on her. With homes this old, it is always smart to delve deep and make sure the electrical and plumbing systems are up to snuff.

Listing Details

If you have questions about this home, feel free to give us a shout at 303-956-7122!

-Allison Benham

Just Need a Little Peace and Quiet in Your Life? This Soothing Abode May Do the Trick.

2954 Kalmia Avenue 37, Boulder, 80301

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Price: $390,000

Beds: 3

Bath: 2

Square Feet: 1734

This light and bright townhome is tucked away in one of the most peaceful little nooks in Boulder. You won’t be bothered by traffic sounds or college keggers here! In this home, skylights abound. The living areas, bedrooms and even the bathrooms are sun soaked. There is an open floor plan on the main floor that is perfect for entertaining. Also, all the bedrooms are on                           different floors so even with roommates, everyone would have                                         privacy.

This home is truly low maintenance living. There is no yard to take care of and the monthly HOA includes an outdoor pool, hot tub and tennis courts.

So what’s the rub? This home will not work well for people that can’t do a lot of stairs. There is one bedroom on the main floor but the other two are in the basement and upstairs, respectively.

Listing Details

If you have questions about this home, feel free to give us a shout at 303-956-7122!

-Allison Benham

Hip, European Style Living in Holiday

4661 17th Street, Boulder, 80304

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Price: $455,000

Beds: 2

Bath: 3

Square Feet: 1612

This beautiful Holiday home has everything you need for hip, urban living. This abode features a chef’s kitchen, soaring vaulted ceilings, 2 bedrooms with their own separate attached bathrooms, and on top of it all, it boasts net-zero energy. They have used beautiful bamboo flooring, Trex decking, and recycled pop bottle carpeting to create a home that is not only beautiful but has a small environmental footprint as well.

The Holiday neighborhood in North Boulder has a ton to offer its residents. People who live here can walk easily to neighborhood shops, restaurants and cafes. There are great hiking, walking, and biking trails and there is open space nearby. Also, there seems to be a bit less hustle and bustle up there. With less through traffic than other parts of town, the pace seems a bit slower.

So what’s the rub? This home only has two bedrooms. While the bedrooms that are there are spacious and have their own bathrooms, many buyers need three bedrooms. But don’t despair- there is an unfinished basement with a nice window that would be easy to convert to a third bedroom.

Listing Details

If you have questions about this home, feel free to give us a shout at 303-956-7122!

-Allison Benham

More Soothing and Serene than a Zen Garden

2232 Barn Swallow Drive, Longmont, CO 80504

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Price: $464,900

Beds: 4

Bath: 4

Square Feet: 3020

The owners of this Longmont lovely have left no details to chance. From the warm and inviting colors, to the beautifully designed, unique kitchen, to the private guest suite downstairs- this home shines.

This home is in the fantastic Creekside neighborhood in the                                     Southeast corner of Longmont. It is just a hop, skip and a jump                                       away from Diagonal Highway and from Longmont conveniences.  If you have been considering moving outside of Boulder, this home truly shows the value you can get in some of our surrounding towns and cities.

So what’s the rub? The only reason I can think of that most people wouldn’t just fall head over heels for this home is that it is in Longmont, not Boulder. If you don’t mind the drive, this is a must see!

Listing Details

If you have questions about this home, feel free to give us a shout at 303-956-7122!

-Allison Benham

Step Back to 1914 with this Historic Gem

1221 3rd Ave, Longmont, CO 8050

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Price: $337,000

Beds: 3

Bath: 2

Square Feet: 2015

Past and present merge in this all brick ranch in charming Old Town Longmont. This home offers a glimpse into the past with its enclosed front sunroom and porch (perfect for ice tea sipping on a hot summer day), original wood work and wood floors, and claw footed tub in the bathroom. But not everything in the home is a study in history. There is a newer furnace, hot water heater, roof, and sewer. Truly the best of both worlds.

So what’s the rub? The only thing that is less than desirable about this home is the third bedroom situation. It is downstairs in the basement and has an adjoining bathroom that is very small. If you don’t need the third bedroom for much then this home works great. If you do need a fully functional third bedroom, then this one may not be for you.

Listing Details <— This property’s MLS feed is not currently linking up with our website 😦

If you have questions about this home, feel free to give us a shout at 303-956-7122!

-Allison Benham

Kiss Your Landlord Goodbye and Own for Less than Renting

820 Kimbark Street A, Longmont, CO 80501

013347289_320x240

Price: $159,000

Beds: 2

Bath: 2

Square Feet: 1282

This Victorian style condo has some cool modern finishes and a great location. The future owners can walk to downtown Longmont and through some beautiful, old historic neighborhoods, sip hot chocolate by their gas fireplace in the living room, or enjoy a brew and the views on their rooftop patio. Also, with 3.5% down with an FHA loan, the payments on this pad are around $1200/month. If you take into account that the second bedroom is rent-able, then the monthly expenditures on this bad boy are pretty darn low.

So what’s the rub? There are currently tenants in the home. It will need some love (mostly new carpet and new paint) so the future owners will need to be ready to roll their sleeves up for some cleaning and maintenance.

Listing Details

If you have questions about this home, feel free to give us a shout at 303-956-7122!

-Allison Benham

We all Know It- Money Talks. So Who is Financing the Purchase of Your Boulder County Condo?

Prospect Neighborhood Longmont

Prospect Neighborhood Longmont

If you are looking to buy a Boulder County condo this year, you may have some questions about how to fund that purchase. Many buyers know that they will be taking out a loan for the purchase of their home.  But most buyers don’t know who can give them the best deal on a condo in the area and who can get them through the process with the least amount of worries.

Read on for the nitty gritty on how to get the best rate, work with someone you can trust, ask the right questions, and come out lookin’ pretty on the other side of your home purchase.

Ok, so let’s start at the top. We all know that mortgage brokers give loans, that the interest rate is great right now, and that most home buyers purchase their homes with loans. But here are a few more tidbits of info that are really important to take into account when you are going to purchase a condo in Boulder.

First and foremost, when it comes to lenders, always go local. Why? Because local lenders are truly the local experts in the area. They have less red tape and can be more flexible when it comes to loaning on special properties or in special circumstances. While the big banks have to worry about checking accounts, saving accounts, credit cards, etc., the smaller credit unions and local lenders are more focused. They can be more efficient. Ultimately, what that means for you is that you will get better, more personalized customer service and better rates.

Also, going local becomes really important in the appraisal process. If you work with one of the big guys, they may send an appraiser from Fort Collins, Colorado Springs or Denver. In that case, since that appraiser may not be as knowledgeable in the area, they may appraise your potential purchase too low. That can cause real headaches and sometimes even make the deal fall through.

When purchasing a condo, many lenders have special guidelines and rules they have to adhere to. The most important and common complication has to do with the owner occupancy level. When purchasing a condo, most lenders will require that the owner occupancy level of the complex (meaning how many owners live there vs. how many rent the condos out) has to be above 51%. In this case as well, the big, national lenders have strict rules and guidelines that they are bound to. Many times, local lenders can be more flexible or offer loan options which do not require a 51% owner occupancy rate. Ask your realtor for recommendations on what lenders specialize in condos in your area. They work with the lenders all the time and know who can get the deal done.

After you get the names of a few reputable, local lenders in your area, interview a few to make sure you get the best rates, like the loan packages they offer with condos, and like working with them. In the interview process, be sure to ask these key questions:

-What specific loans do you offer besides the typical FHA or conventional loan? Can I use any of these in the purchase of my condo?

– Can I have a list of all of the fees I will be charged when purchasing a home? What will my closing costs be?

– How much of a monthly HOA fee can I afford? How does this affect how much I can spend?

-Do you use local appraisers that work in Boulder much of the time?

-How do your rates and fees compare with others in the area?

Last but not least, make sure you like your lender. You will be working closely with them and they have a big stake in how smoothly your transaction goes. If you get along swimmingly, you may just start great business relationship that will benefit you for years to come.

Here are a few links to some of our favorite lending institutions in the area:

Elevations Credit Union– Fantastic and flexible programs for first time home buyers and people interested in condos.

Bank of Commerce Mortgage– Great customer service and competitive rates.

As always, if you have questions we are happy to answer them 7 days a week. Just give us a call at 303-956-1771 or shoot us an email at kencrifasi@kw.com or allisonbenham@kw.com.

By Allison Benham & Ken Crifasi

The Gold Run Condo Community- Smack Dab in the Heart of Boulder

Flatirons in the Winter

Flatirons in the Winter

Gold Run Condos in Boulder

The Gold Run Condos are located right in the heart of Boulder and they offer the best that Boulder has with regard to lifestyle, amenities, and location.The residents are diverse- there are college students, young professionals that work on Pearl street, and retirees.

Gold Run is all about location, location, location.  It is nestled up against the Boulder Creek Path right in between the Main and East CU campuses. Thanks to network of bike paths in Boulder, a Gold Run resident can easily walk or bike in all directions. It’s just a hop, skip, and a jump to campus, the 29th Street Mall, the Farmer’s Market downtown, or to Pearl Street for a night out. Gold Run residents get to take advantage of all the Boulder has to offer.
Gold Run Home Owners Association

Price Range

Condos in Gold Run range from 1 to 3 bedrooms. The prices range from 190K up to the mid 400’s depending on their square footage and condition.
Gold Run Condos and Townhomes For Sale

Transportation

Gold Run residents can walk outside their front doors to the Boulder Creek Path trail system and can walk or bike in all directions. If you can’t walk or bike to your destination, there is also a bus stop right out front where residents can catch the bus and make it anywhere in Boulder.  If Gold Run buyers want to bring a car, many condos come with their own parking spaces in underground garages.

Shopping

Directly to the north is the 29th Street Mall where there are a ton of clothing and dining options.  There is also a movie theater there. On the corner of 30th and Arapahoe, there is also a King Sooper’s grocery store and a number of other small shops . Because of Gold Run’s central location and its proximity to campus it can be a great location for college students and also works well for the post college Boulderite.

Recreation Info 

One great perk of living at Gold Run is that your HOA dues cover your membership to the on-site gym and rec center. There is an indoor pool,  a hot tub, 2 Raquetball Courts, a gym with cardio equipment and weights, a sand volleyball court, and 2 tennis courts. Gold Run is also right next door to the Scott Carpenter Pool– a great place to catch a few rays and swim some laps.

Events

Boulder is always hoppin’ and there is always something to do. Gold Run residents are never more than a 10 minute bike ride from the Farmer’s Market (a big deal here in Boulder) that takes place in the summer time. Also, the Mackey Auditorium on campus has events, concerts and speakers all year long.

Restaurants

There are a multitude of restaurants near Gold Run. Here are a few of our faves:

Larkburger– Go to Larkburger for a fantastic, fresh, super yummy burger experience. Don’t forget to get a milkshake and some truffle fries.

Chipotle– No explanation needed.

Black Pepper Pho– Our fave pho place in Boulder! Go here for a super yummy meal that will leave you feeling like you can take on the world.

Also, the 29th Street Mall has a ton of dining options- from fast to not so fast food. There are too many to list here. Click the link to find out more.

If you have more questions about the Gold Run area or are interested in taking a look at condos for sale in Boulder, feel free to give us a call at 303-956-1771.

By Allison Benham & Ken Crifasi

Getting Ready to Buy a Home? Here are 5 Questions You Need to Ask Your Boulder County Lender

Trident Cafe and Bookstore Boulder

Trident Cafe and Bookstore Boulder

When buying your home, whether it be your first or your fifth, you will likely be taking out a mortgage to finance your purchase. The lender you choose plays a key role in the process of helping you get into the right home- choosing the right one can mean the difference in your transaction going oh-so-easy and you not getting into that home at all. It’s that important.

To get in with the right mortgage guy or gal, first ask your realtor for some recommendations. They work with mortgage brokers every day and they know who can close the deals quickly and easily. Then, ask the questions below and interview a few mortgage brokers before you decide who will be the best fit for you.

1. Are you local to the area? How familiar are you and your appraisers with the neighborhood I am looking to buy in?

Ok, so here is the skinny. Most of us use big banks for our every day banking, checking, and savings but when it comes to getting a home loan, going local is really important. Local lenders, banks, and credit unions usually have more competitive rates that the big guys. They also have a whole lot less red tape- they can be more flexible with their guidelines because they can have a more personal relationship with their clients. You won’t just be a number in the crowd.

The local aspect is also really important when it comes to the appraisal process. During the appraisal, the lender will send out an appraiser to assess the value of the property. Real estate values are hyper-local so having someone local is really important- especially in a place like Boulder. If you have a nationwide lender, they may send an appraiser from Denver, Fort Collins, or Colorado Springs to appraise your Boulder home which would lead to an appraisal that is too low. This, in turn, can cause real headaches during the transaction and can sometimes even cause the deal to fall through.

2. Can I have a list of all the fees I will be charged when completing my home purchase?

Usually when people are considering getting a home, they look at how much of a mortgage they can afford on a monthly basis. This is really important but don’t forget there are other one-time fees that come into play when closing on a home. Besides your monthly PITI (Principle, Interest, Taxes, and Insurance) mortgage payment, as a buyer you will also have the following one-time fees:

-Home Inspection: $300-400

-Home Appraisal: $300-400 paid at the time of closing and wrapped into the loan.

-Closing Costs: Typically around 2% of the purchase price. This is an estimate but includes things like documentary fees, title insurance, escrows for property taxes and insurance. Remember this number increases if you are paying points down on your loan. Also, these costs can come into play when negotiating the contract and the seller can help pay them (although in our current market, this is unlikely since sellers are many times receiving multiple offers on their homes).

-Loan Origination Fees: 1% of the amount of the loan. This is the fee the lender charges to underwrite and process the loan. This is how they make their money.

3. What are your specific rules and regulations regarding condos?

Depending on the lender and the kind of loan you will take out, there will be some rules regarding which condos you can buy. The most important rule has to do with the owner occupancy level. If you plan to take out an FHA loan, then at least 50 percent of the units in any condo complex need to be owner occupied. If the percentage of owner occupants is less than this, you will have to put 20 percent down on your loan and take out a conventional loan. Sometimes local lenders can be more flexible than this. If you plan on purchasing a condo, ask what different programs they have that might work for you.

4. How much of an HOA can I afford? How does that affect how much I can spend?

In a place like Boulder, don’t forget about the HOA’s. These monthly fees make a big difference in what purchase price you can afford. Your lender can tell you exactly how much of monthly payment you can make. They will let you know exactly how much you can afford to pay and exactly how much HOA you can afford too.

5. How do your mortgage rates compare with others in the area?

Even small differences in percentage points matter over a 30 year time period. Make sure your potential lender is competitive and knows their numbers so you can shop around and make an informed decision.

Last but not least, make sure you like your lender. You will be working closely with them and they have a big stake in how smoothly your transaction goes. If you get along swimmingly, you may just start great business relationship that will benefit you for years to come.

Read on for more info:

Recommended Online Mortgage Applications

The First Step to Owning the Home of Your Dreams-Mortgage Pre-Approval

By Allison Benham & Ken Crifasi

Unique, Warm and Refined-This One Screams Boulder

1461 Quince Ave S201, Boulder

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Price: $560,000

Beds: 3

Baths: 2

Square Feet: 1628

This North Boulder lovely is unique and eccentric. This one has 3 decks, a chef’s kitchen, amazing natural light, and is in a super cool co-housing community right down from Lucky’s market. It also has several fireplaces and mountain views off of the decks.

So what’s the rub? The second and third bedrooms in this home are pretty small. Also, if you are aren’t comfortable being close to your neighbors, a co-housing community may not be for you.

Listing Details

I want to see this home!

If you have questions about this home, feel free to give us a shout at 303-956-7122!

By Allison Benham

Farm House Charm on One Acre of Potential

9268 Baseline Rd

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Price: $445,000

Beds: 3

Baths: 2

Square Feet: 1979

Step back in time to your Boulder County farm house. This abode, updated to have a very grand and classic feel (think Great Gatsby), has all the convenience of city living but comes on 1 acre of potential- imagine horses, chickens, and a garden. There are several big, beautiful fireplaces and yummy dark, wood floors.

So what’s the rub? This home is close to Baseline Road so traffic noise may be an issue.

Listing Details

I want to see this home!

If you have questions about this home, feel free to give us a shout at 303-956-7122!

-Allison Benham