As hail storms sweep across the Denver Metro area and eastern plains of Colorado this spring, auto and homeowner’s insurance is top of mind for many. Premiums have been increasing, that is obvious. Less obvious is that some homeowners are receiving cancellation notices and/or having trouble finding new coverage. Mountain properties are feeling the impact, […]
Expectations from the proposed NAR settlement
There’s been a lot of buzz about what the National Association of Realtors (NAR) settlement means to the real estate business. I’ve seen many blurbs on the news, read several articles and had a few conversations about what this could mean to business as usual. To catch you up If you haven’t heard, some unhappy […]
Proposition HH on Colorado’s November Ballot
The huge increase in property values during the pandemic was reflected in the huge increase in property valuations during the reassessment in 2023 which will result in huge property tax bills early next year. The previous repeal of the Gallagher Amendment by voters in 2020 has not helped this by removing the guard rails on […]
2023 Property Tax Valuations are Now Available
April showers bring May property tax valuations in Colorado. Notices of Valuation were sent out by the Summit County Assessor’s office on May 1st. I suggest you sit down before you open the mail and see your new property valuation and estimated 2023 property tax bill. Values have gone up substantially since the last valuation […]
Land Owners may be Targets for Fraud
Every time we turn around, there is another way someone has figured out to scam people. Because real estate often involves large amounts of money, it’s no surprise that there are consistently new ways someone is trying to steal that money. Recent scams include renting out properties they don’t own or sending alternate wiring instructions […]
It Pays to Convert your Short Term Rental to Long Term in Summit County
Is your short term rental (STR) income slowing with the economy? Are you no longer using your Summit County home but aren’t ready to sell. Do you want to help the locals with the current housing shortage? If you are answering yes to any or all of these questions, you may want to consider converting […]
Grants for Marshall Fire Victims
The Colorado Association of Realtors (CAR) is continuing to give grants to victims of the Marshall Fire but time is running out. If you have been displaced from your home due to damage from the Marshall Fire, you can apply for a grant to help with mortgage or rent payments. There is only one week […]
Vacation home rentals & your taxes
The chipping program is back in Summit County neighborhoods
Spring in Summit County means we all start cleaning up our yards after a season of snow covered lawns. Piling up broken branches or downed trees and evaluating and creating defensible space around our homes as needed. The larger branches and trees that can’t be hauled away with the trash can be stacked neatly beside […]