Certified Residential Specialist - Why Not Use The Best

A Certified Residential Specialist® (CRS) is a REALTOR® who has earned certification from the Residential Real Estate Council by completing advanced training and by meeting significant experience requirements. Working with a CRS will make a real difference in the purchase or sale of your home since they have been trained to help save you time and money.

CRSs have professional experience and advanced training to ensure successful, worry-free real estate transactions.

Experience

Certified Residential Specialists® are REALTORS® that have completed a significant number of real estate transactions and have met requirements for advanced training and education. That means that CRSs are experienced professionals who have a proven track record of successful sales and transactions.

Ethics

As REALTORS®, CRSs abide by a strict Code of Ethics and maintain membership within the National Association of REALTORS®. Negotiation Skills As a home buyer or a seller, you face many risks along the way— financial risks, legal risks, even the risk that a home purchase will fall through. A CRS is trained to minimize those risks and negotiate on your behalf to give you peace of mind throughout your transaction.

Negotiation Skills

As a home buyer or a seller, you face many risks along the way— financial risks, legal risks, even the risk that a home purchase will fall through. A CRS is trained to minimize those risks and negotiate on your behalf to give you peace of mind throughout your transaction.

Contact a CRS Today!

Discover how working with me, a Certified Residential Specialist®, can help make your home buying or selling experience a success.

Family Is Forever and So Is The Dirt

Have you ever thought about family?  Once you have a family, it's always your family.  You might get along and you might not, but they are still your family.  Well, so is dirt.  Once you buy a home that has "dirt", then it is your "dirt".  It's always your "dirt" unless you sell it, don't pay for it, or eminent domain takes it.

"Dirt" becomes more valuable the more people that populate a location.  The less "dirt" there is, the more people are willing to pay.   It's your pot of gold!

Most of us celebrate with our family and friends in our homes.  Saint Patrick's day is just about upon us.  It is a global celebration of Irish culture on or around March 17th.  It particularly remembers St Patrick, one of Ireland's patron saints, who ministered Christianity in Ireland during the fifth century.   St Patricks Day is celebrated with family and friends and what better way to celebrate than on your own "dirt". It's a fantastic time to laugh, love, cry, and pass along the traditions that our families have given to us in generations before us.  Here are some ideas that you can do on your "dirt" to enjoy with your family and friends.

1. Make traditional St Patricks day food such as Corned Beef and Cabbage, Soda Bread, or Shepard Pie.
2. Drink green beer 
3. Buy green hats
4. Decorate with leprechauns and shamrocks

Protect your home ("dirt), update your home, enjoy your home with friends and family, and it will bring you a pot of gold.  Or, if you are interested in buying a home (dirt), give me a call at Turn Key Realty

Basement Remodel - What's Your Return

Basement Conversion to Living Area

I have sellers ask me all the time what they should improve.  Recently, I had a gentleman in Greeley, Colorado ask if he should finish his basement and will it be worth the expense.  According to the National Association of Realtor® Research Department, this is what they found.

Consumers’ Viewpoint After Completing the Project: 

• The top reason for doing the project: to add features/improve livability - 57 percent.
• Second most common reason: moved into the home and want to customize - 16 percent.
• Most important result: better functionality and livability - 52 percent.
• Eighty-one percent said they have a greater desire to be home since completing the project, 65 percent have an increased sense of enjoyment when they are at home, and 77 percent have a major sense of accomplishment when they think of the project.
• Joy Score: 9.5 B

Seven percent of REALTORS® have suggested sellers convert a basement to a living area before attempting to sell, but only two percent said the project most recently helped cinch a deal for them, resulting in a closed sale.

Cost Recovery:

• NARI Remodelers’ cost estimate: $40,000.
• REALTORS®’ estimated cost recovered: $25,000.
• Percent of value recovered from the project: 63 percent.

So, as you can see it is more than likely not going to make the home sell faster but will give more enjoyment to the new buyer.  While you recover some of the costs it's not 100%

If you are interested in remodeling, I have contractors who are capable of finishing a basement.  Call me at 970-672-6069  Margaret Herdt Turn Key Realty 

The Time Burden of a Probate Executor

The Executor of an estate has 75% of the work to do in a probate situation.  It's a huge time burden for those individuals who have this responsibility.  In addition to a job and your own family, the first thing an executor/attorney will do is file a petition to probate.  That's the easy part.  Here is a timeline on the process.

Step in Process Duration

Prepare and File Petition Probate	1-2 months
A court hearing on the petition for probate	2-3 months
The following are issued. letter of administration, order for probate, duties, and liabilities, issue bond (if ordered)&** letters testamentary **	2-4 months(if not contested)
Notice to Creditors	2-4 months
Notice to Department of Health Services Inventory & Appraisement	4-8 months
Pay state and Federal Taxes ( if necessary)	6-12 months
Allow or Reject Creditor Claims
Possible Preliminary Distributions
Notice to Department of Health Services (if deceased received medical)
Notice to Franchise Tax Board (if the heir is out of state)
A claim of Exemption (if assets transfer to a minor)	6-15 months
Receive Final Tax Letter from state and Federal (if appropriate)	6-18 months
File Petition for Final Distribution and Accounting	8-16 months
Hearing on Petition for Final Distribution and Accounting
Order Approving Final Distribution and Accounting
Distribution  of Assets to Heirs	9-17 months
Final Discharge Order (indicates close of probate case)	9-18 months
Final Distribution of Funds	9-18 months

In addition to the process above, if there are assets (property) to sell, then the home needs
* cleaned out
* personal property needs to be sold, auctioned or donated
* repairs need to be made
* the lawn needs to be kept up
* locksmith to rekey the property
* different insurance needs to be purchased if the home is vacant
* interview realtors
* review offers
* make any repairs the buyer may want to be done, if applicable

* transfer the deed to the new buyer

* figure out what to do with the proceeds

All these things and more can be expected of an Executor.  Other than an Attorney, your most valued resource will be a real estate team that is trained and experienced in probate and inherited property sales.  Your time is valuable and do you have the resources that my team does?  You need a probate resource!

Go to my website for additional information that our team can do for you:
www.turnkeyrealtyco.com/probate
Or contact me at 970-672-6069 for help

Your Real Estate Resource Market Review for March 2019

Northern Colorado Market Report March 2019

As a service to you, I am providing March's real estate market statistics for Northern Colorado. This information has been compiled by IRES which is the multiple listing service (MLS) that serves Northern Colorado, counties Larimer and Weld. As 2019 progresses, I will provide you with monthly updates of these market statistics.

This linked Monthly Market Report will illustrate March's..

• Home Sale Activity
• Average Sold Prices
• Listing Inventory
• Average Days on Market
•  Housing Activity by Price Range

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Storage Business For Sale

The Storage Business for sale is located in the city limits of Berthoud, CO. It has 246 storage units and 200 RV spaces. There is plenty of room for expansion with two additional vacant lots for a total of 8.53 acres. The property is zoned light industrial. M1 (6.1 acres) . The two additional lots are zoned N1 (industrial) . It has gated 24 hour access and onsite managers.

Price is: $3,900,000 for 6.1 acres - Storage BusinessTwo lots Priced at $600,000 (2.43 acres)Total Price = $4,500,000

Owner carry available

For more information: