Friday, May 28, 2010

Summer Events In Belle Creek

Get Ready for Summer Fun!

There are a lot of great things happening in Belle Creek this summer.  Starting next weekend, there are plenty of great family activities to keep us all smiling:

June 5:  Community Garage Sale and Community Fair
Got Stuff?  Need Stuff?   Saturday, June 5 is the Annual Community wide garage sale.  Set up your sale in your garage, alley, or front porch- or rent a space on the central park.  Contact the Belle Creek Family Center to rent a spot.
Also at this time will be the Belle Creek Vendor Faire in the Family Center Gym.  Pick up a gift for someone special- or yourself!
The Neighbors to Neighbors group will be selling cold water and manning the jumpy castle at the central park.

There will be 3 Block Parties  this summer, sponsored by Neighbors to Neighbors of  Belle Creek.  The first will be at the pocket park at Dayton Way and 106th, on the south side of the neighborhood.  ALL are invited to attend.  More details will come soon.

Look for more events here, including National Night Out (August 3), Block Parties, Belle Creek Movie Nights, and other community events)

Monday, May 24, 2010

First Belle Creek Movie Night- Finally!

What a great night for a movie!
Friday was calm and the weather was perfect to sit in a sleeping bag and enjoy "Cloudy with a Chance of Meatballs".  Belle Creek Movie Nights are back after a non- start.  The original launch of May 14 was rained out in a big way, but now we know it's summer in Belle Creek.
The next movie is "Tarzan" on June 11, starting at around 8:28 (sundown).
See you at the movies!

Wednesday, May 12, 2010

Movie Nights in Belle Creek Start this Friday!!

May 14th
Cloudy with a Chance of Meatballs. Starts at approximately 8:07pm (dusk)

Our long awaited family fun nights return!  Bring extra blankets and get comfy.  It's gonna be a blast!

Saturday, May 8, 2010

How Many Showings Does it Take?

When selling your home, one of the "moving targets" is the number of showings to expect.  Not surprisingly, the number of showings goes down during the holidays and during cold winter months when the weather is unpredictable.  But different price points will also experience different levels of activity.
Following is a breakdown by price level of home many showings per month we experienced in the Denver Metro market for the first quarter of 2010:

  • Overall, the number of showings per month for all price categories was 8.7 per home.
  • Homes under $250,000 saw an average of 10.5 showings per month, with the $50k-100k range seeing the highest number of showings per month at 15.
  • Homes from $250k-300k saw an average of 7.4 showings per month.  Homes from $350k-400k were at 3.7 showings per month.
  • Homes in the higher price ranges, from $400,000 up, saw an average of 4.8 showings per month.
The good news for those selling homes in the $250k-400k price range is that the number of showings increased year over year: from 4.7 in 2009 to 6.1 for 2010.  Homes above that range increased from 3.4 to 4.8.  Homes priced in the lower ranges held steady at 10.5 showings per month.
Buyers are getting back out there, which is good news for all homeowners.  With renewed interest and activity in residential real estate, we will see a ripple effect throughout the economy.

Tuesday, May 4, 2010

I Thought You Said That House Was Under Contract?

What Does “Under Contract” Mean?  What Comes Next?
Recently, I was driving through our neighborhood with a buyer.  He was very interested in a property a few months ago, and had been considering making an offer.  When I called the listing agent to let her know of our intent, she told me it had just gone “under contract” and was no longer available.  When we drove past this property last week, the sign was still in the front yard.  “I thought you said that home wasn’t available?” he asked.  And it’s not.  It is still “under contract”.
  How properties go Under Contract, and what happens next. 
When a buyer finds the right home, he or she makes an offer.  This is presented on the Colorado Contract to Buy and Sell.  It is a detailed contract with a schedule of dates, room for contingencies, attachments, concessions, offer price, financing arrangements and appraisal requirements, among other things.  It is 12 pages long, and is designed to protect both buyer and seller during what is often the largest sales transaction private parties ever make.
When buyers purchase a home, they want the assurance that they have thoroughly researched their purchase before the sale is final, and that no other buyer can purchase the property out from under them during this time.  If the buyer and seller can agree on the initial terms, both parties will sign a binding contract that allows the buyer to do this research.  The property is then “under contract”.  This period usually lasts from 30-60 days.  A short sale listing can take longer- sometimes several months.
The buyer is then responsible for doing this research, and there is a time limit and an Earnest Money deposit submitted so that the seller is protected.  
These steps include applying for a loan, having a certified inspection of the property, obtaining title and title insurance, obtaining property insurance, reviewing any HOA documents, reviewing Improvement Location Certificates or surveys of property boundaries and making sure the property appraises.
The For Sale sign remains in place during this process because the sale is not yet completed.  Often times, the Realtor will place an “under contract” banner on the sign.  The idea is that it “ain’t over ‘til it’s over,” so the sign remains in place until funds have been transferred and keys are passed to the buyers.

Movie Nights in Belle Creek!

Hard to believe that summer is around the corner.  The flowers are finally starting to bloom, and the trees are leafing out.  Finally- that was one harsh winter!
With late spring comes the return of Movie Night in Belle Creek!  I can hardly wait- we've got some great ones this year:
May 14th
Cloudy with a Chance of Meatballs. Starts at approximately 8:07pm (dusk)

June 11th
Tarzan.  Start: approx 8:28pm

July 9th
Bolt.  Start: approx 8:30pm

August 13th
Monsters vs. Aliens.  Start: approx 7:59pm

September 10th 
Grease.  Start: approx 7:16pm

All movies will be screened on the multipurpose field on the south side of the Family Center (the Soccer Field).  See you at the movies!