December 8th, 2008
The clock is ticking!!!
So everyone is ready for the big Christmas and New Year holiday?? Real nice time of the year, even with the cold and snowy weather. If you are a ski buff then even the weather is great. As of now we really have not had any big snow in Telluride, Crested Butte and Powder Horn. I think that will dramatically change this week and next. Raining today here in the valley so that is good sign. Temperature has been mild up to now, In the 50’s on Sat.
So what to do in this economy and especially the housing market? We are seeing more and more Realtors advertise “Short Sale” help. Well short sales can be very good for the investor, but it takes time. I’m working 3 right now and now closer to closing than we started 3 months ago. So for the family trying to buy a short sale and get in before Christmas, probably not a good idea. For the investor who will rent it out or fix it up and rent it out or sell, great deal. Patience is the key. If you are a professional investor or someone who would like to get into this, give me a call. 970-209-2234. I have had some excellent experience and schooling so I can help you. There are a few other ways to get some good deals prior to foreclosure and NED, so give me a call.
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December 3rd, 2008
One holiday down, one to go. Even with the crazy economy we still have a huge amount to be thankful for and I hope everyone had a great Thanksgiving. When you get feeling down, watch the move Bable. Not so much for the story plot, but the differences in living conditions between the players. Ok, so I know there will always be a disparity in living conditions, but some Countries really have it bad. Always wondered what causes one country to do well and others to still live in the Stone Age. I think education is a big part of the picture and the other factor may be the desire to achieve.
Again the news media is convincing us we are in a recession and probably before it is over they will have us in a depression. Why do they do that?? Good grief if you hear bad stuff long enough you do start believing it. I can certainly appreciate there are tough times in some areas, job loss, etc. However there are always jobs may not be exactly what you like or at the pay level you are used to, but jobs none the less. Starting over is tough, trust me I have been there, but just do it!
Coming to work this morning thinking that this is always a great time of the year to start planning and organizing for next year. In my business there is a tremendous amount of work to be done no matter how slow or busy we are.
Speaking of planning.. Mountain Shores, the development East of Town.. Looking forward to breaking ground after the first of the year. Condos may be the first to be built along with the lake and landscaping.Would a NEW 1000 S.F. stick built home in Olathe for $125,000.00 work in this market?? Let me know.
A couple of really killer deals. Nice 1000 S.F. modular home on three ac. $139,900.00. This may be the lowest priced property on ac. in the area. Real nice area West of Olathe and if you have not been in that area, take a Sunday drive around there, great rural area. Custom 3000 S.F. home on 12 ac, near Colona. Border BLM which is way cool. The views from this home are fantastic, granite, tile, hardwood all the very nice stuff. We should have some pictures on the web site this week. $595,000.00.
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