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Broncos Tickets: Part Of The Offer?

In Homeowners by Doug Phelps

We recently experienced a prospective buyer who was unable, or unwilling to go higher in purchase price with their offer on our seller’s home.  Instead, the buyer included their coveted, Broncos season tickets as part of the proposed purchase contract.  Whether you are a Broncos fan or not, this is indicative of what buyers in the greater Denver real estate …

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9 Essential Things You Need For A New House

In Homeowners by Doug Phelps

Image: donatas1205/Shutterstock These must-haves will make things a lot easier in the first few weeks. When Lauren Hunter and her husband moved into their first home in Hilliard, Ohio, the previous homeowner had left behind a ladder. “It turned out to be awesome,” Hunter says. “You don’t realize how many situations where ladders make things easier. Hanging pictures is one thing, but …

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Strong Denver Real Estate Market Marches On

In Homeowners by Doug Phelps

It’s election season and an incredibly contentious time in the United States. We are cautious to arrive at any conclusions about the direction of the Denver real estate market with the number of social variables at play. Are buyers and sellers waiting for things to calm down following the presidential election? What policies will be implemented about public health and …

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Renting Out Your Home? Get Landlord Insurance

In Homeowners by Doug Phelps

If you’re renting out your home, it might not be covered by home owners insurance, so look into landlord insurance instead. Maybe you’re moving up to a bigger home and holding on to your former residence as a rental property. Or maybe you’ve tried to sell your home without success. Whatever the reason, if you’re thinking about renting out your …

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What Does Homeowners Insurance Cover?

In Homeowners by Doug Phelps

You’d be surprised at what your home insurance policy doesn’t cover. Here’s what is and isn’t covered by your insurance. What does your homeowners insurance cover? The short answer is: “A basic homeowners insurance policy (called HO-1 in insurance lingo) covers your home and possessions if they’re damaged or destroyed by these things: Fire Lightning Windstorm (unless you live in a hurricane …

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4 Genius Yard Upgrades Even a Klutz Can Crush

In Homeowners by Doug Phelps

Image: Mr. Interior/Shutterstock No DIY skills necessary for these outdoor projects. Did we mention they’re really, really easy? You don’t need to be the host of an extreme home makeover show to build an amazing backyard. In fact, the transformative projects below are easy enough for even the klutziest home improvement newbie to complete. Just don’t be shocked when the Johnsons …

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Inventory, Price, and Sales All Up

In Homeowners by Doug Phelps

New homes for sale was 14% higher last week than the last 3-year average with 1,447 homes hitting the market. Eventually, this increased seller activity may lead to rising inventory levels and a slowing of home value appreciation in the Denver metro market.  But not yet. Last week saw 44.6% more homes go under contract than the last 3-year average, …

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Are Sellers Getting Too Aggressive?

In Homeowners by Doug Phelps

These numbers are staggering: 68.5% of all homes sold in the last two weeks sold at or above the FINAL asking price.   59.5% sold at or above the original asking price.   And yet, looking at the remaining 31-40% of the Denver market transactions helps us understand the mindset of sellers, the competence of agents, the importance of property preparation and …

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9 No-Sweat Hacks to Deep Clean the Cruddiest Things

In Homeowners by Doug Phelps

Image: Rafa Fernández/ImageBrief Like using a drill on your tub. (Why didn’t we think of it sooner?!) Ahhh! Sparkling floors, gleaming windows, and zero dust bunnies. A thorough cleaning can make your abode feel brand new. But that immaculate house comes with a price — sore biceps. Here’s how to deep clean your house without skimping, or pulling a muscle. Best of all these brilliant …