Archive for May, 2012

25
May
12

Real Estate in Broomfield Colorado Homes Sold April 2012

Sign "Broomfield Colorado"With the red hot market for real estate in Broomfield, here are five sold prices for homes sold in the Broomfield area. Go to Broomfield CO Recently Sold Homes Information for detailed and the most current sold homes data in the City and County of Broomfield.

For residential and condominium sales for the Denver market, we provide the most current updated information on Denver & Broomfield Home Sale Statistics for you to take a look at. As always, you can call us at anytime you need great real estate agents in Broomfield Colorado or you would like to sell a home in Broomfield, or you want to buy real estate in Broomfield or any of the surrounding areas in north metropolitan Denver!

Shaun Werkele 303-250-4735
Janelle Werkele 303-668-3111

Homes in Broomfield Colorado Sold Prices

Property Address Price Sold Date
12526 Bryant St $178,000 04/05/2012
2820 Dharma Ave $$240,000 04/04/2012
3164 W 9th Ave Pl $167,425 04/03/2012
3800 Shefield Dr $195,100 04/03/2012
12408 James Ct $315,000 04/03/2012
 Search Broomfield Homes For Sale & Broomfield Real Estate
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16
May
12

Broomfield Real Estate News & Updated Information

Broomfield Real Estate Lisitng

Broomfield Colorado has one of the best current homebuying markets we have seen! If you are out looking at homes and you find a Broomfield real estate gem, you probably should not go home and sleep on it, that is if you are OK with someone else sleeping in it after they buy it before you can! Great market and the days on market are half of what they were at this time a year ago.

Additional articles that Broomfield residents, home buyers and owners of homes in Broomfield may find of interest:

Loan Deal Has Potential to Help 20,000 Families in Colorado
http://business-news.thestreet.com/denver-post/story/loan-deal-could-help-20000-families-colorado/1
Renting? It’s Cheaper to Buy!

When the vacancy rate in the Denver metro area is at less than 1%, buying might be a much better alternative. Definitely worth checking this possibility out, and what it would take to get pre-qualified.

http://realtormag.realtor.org/daily-news/2012/05/14/more-renters-are-finding-its-cheaper-buy

Obama Works on Changes to Ease Refinancing Loans
http://realtormag.realtor.org/daily-news/2012/05/14/obama-calls-for-changes-make-refinancing-easier
Some Selling Incentives Break the Rules
http://realtormag.realtor.org/daily-news/2012/05/14/make-sure-selling-incentives-dont-break-rules
The Cost of Getting a Mortgage Loan is on the Rise
http://realtormag.realtor.org/daily-news/2012/05/14/cost-getting-loan-rise

Finally, here is a great video from Keller Willliams Realty Broomfield Home Buyer Tips: Latest Updated Real Estate Information for May 2012.

Looking to sell or buy a home in Broomfield? Give us a call at Homewerks: Keller Williams Real Estate Agents in Broomfield and we will be glad to help!

Have a Great Day!

Shaun Werkele

303-250-4735

09
May
12

Broomfield Real Estate 101: Estates

Home for sale in BroomfieldSome of the most confusing terminology in real estate for just about anyone, including real estate agents, is understanding estates, and the different kinds of “interests” held by owners of what we call “real property.” Broomfield real estate terminology for everyone and making it understandable can be a challenge, Real property is generally defined as “land and anything attached to it,” which is easy to grasp. Estates are grouped into different degrees of ownership that is termed and categorized by the amount of ownership rights that are attached to the property. This is determined by the type of deed, bill of sale, lease, or situation that dictates the transferability of the property.

The word “estate” is a term that has been used for many years, and goes back to our ancestry in England where the boundaries of ownership and different types of ownership interests were originally defined. Today, most of these ownership types for real property are not used as they were in the past, and the image of a large estate with outbuildings and sprawling countryside is what we all picture in our minds.Condominiums in Broomfield Colorado Real Estate Market

Fee simple estate ownership is the most common and the ownership is not definitely defined by length of time. This is the “best” type of ownership, and the person(s) enjoying an estate is called a tenant. A life estate involves the “sticking” of an occupant’s interest with the property. If an estate can be sold, the sale of the property does not change the possession of the “grantee.” This is where a lot of the more involved types of estates come into the picture.

Leasehold estates are the most common type because tenants are involved. Real estate as a whole recognizes this as either an “estate for term” or a “tenancy for years.” This is commonly seen as a lease situation between a landlord and the tenant, the contract agreement defines the ending date of occupancy for the renter. The tenant has the right to stay for the term of the lease, as long as none of the agreed contract provisions within the rental agreement are not broken by either party. This is the right of possession for the tenant and not actual ownership of the home.

Broomfield Westminster Home for Sale Information

In property law, determining the types of estates and the rights involved becomes quite involved! Keep in mind that you should contact a Broomfield real estate attorney for consultation if you have questions about estate types and you need more information. Always seek out legal advice if you have questions that relate to real estate ownership.

Looking for Broomfield Colorado real estate for sale? We are experienced real estate agents in Broomfield and we work in all of the Denver Front Range areas with home buyers and home sellers, alike. Feel free to call us at anytime you need help with Broomfield real estate information or you would like to look at homes that you have found on your home search in Broomfield Colorado.

Thanks, Have a Great Day!

Shaun Werkele

Keller Williams Real Estate Agent in Broomfield CO

303-250-4735

03
May
12

Broomfield Real Estate Agent: Legal Responsibilities

Buying a House in Broomfield ColoradoIt’s important to understand what legal responsibilities your Broomfield real estate agent has to you and to other parties in the transaction when you are buying a home for sale. Simply ask your agent or a Broomfield Realtor you might be considering working with exactly what type of agency relationship they have or would have with you. Many agents do not go into the details of working relationships and qualifying what their role and status would be in helping you in your search for homes in Broomfield Colorado. So here are the general definitions of what can be thought of as defining working relationships for client and agent situations:

Listing Agent or Seller’s Agent (sometimes referred to as a Seller’s Representative)
Someone who hires a Listing Agent should know that agent represents you, the person who owns a Broomfield property for sale. All fiduciary duties of the agent are owed to the Seller. This means that the agent has a fiduciary duty and obligation to look out for your best interests and to take any action to protect any situation that might compromise your position as a Seller both financially and or any motivations you might have in selling your home. The agency relationship usually is created by a listing contract that you both sign. This is a legally binding contract and it protects your best interests and at the same time it allows protection for the agent for his or her time and efforts.

Buyer’s Agent or Selling Agent (sometimes referred to as a Buyer’s Representative)
A Buyer’s Agent is hired by prospective home buyers to represent them in a real estate transaction. The Buyer’s Agent works in the buyer’s best interest throughout the transaction and owes fiduciary duties only to the Buyer. The Buyer can pay a Broomfield Realtor directly through a negotiated fee, or the Buyer’s Agent may be paid by the Seller or through a commission split with the Seller’s Agent.

Broadlands Broomfield Colorado Real Estate Information

 

Subagent
This is the least common type of agency relationship that occurs. Subagency usually arises when a cooperating sales associate from another brokerage, who is not the buyer’s agent, shows property to a buyer. In such a case, the subagent works with the buyer as a customer but owes fiduciary duties to the listing broker and the seller. A subagent owes the same fiduciary duties to the agent’s customer as the agent does. Although a subagent is not able to assist the Buyer in any way that would be detrimental to the Seller, a buyer as a customer can usually anticipate treatment to be straightforward and honest by the subagent. Colorado state laws require fair treatment and it is important that subagents fully explain their duties to buyers and present a disclosure form regarding relationships.

Disclosed Dual Agent
Dual agency is a relationship in which the brokerage firm represents both the buyer and the seller in the same real estate transaction. Dual agency relationships do not carry with them all of the traditional fiduciary duties to clients. Instead, dual agents owe limited fiduciary duties. Because of the potential for conflicts of interest in a dual-agency relationship, it’s vital that all parties give their informed consent. In many states, this consent must be in writing. In the State of Colorado dual agency is not allowed. Either the agent is working for the Seller or the Buyer, or that agent is working for neither. Disclosed dual agency, in which both the Seller and the Buyer are being represented, and they are made fully aware of that fact, is legal in most states.
Transaction Broker (also called a Non-agency Agreement)
Some states permit a real estate licensee to have a type of nonagency relationship with a consumer. These relationships vary considerably from state to state, both as to the duties owed to the consumer and the name used to describe them. Very generally, the duties owed to the consumer in a nonagency relationship are less than the complete, traditional fiduciary duties of an agency relationship. And typically does not save any mondy and overall is less effect in saving money and time and the reduced stress of buying a home.

Designated Agent (also called an appointed agent)
In this situation the managing broker is able to designate which licensees in the brokerage will act for the interests of the Seller and which will act for the Buyer. Designated agency avoids the problem of creating a dual-agency relationship for licensees at the brokerage. The designated agents give their respective clients representation in full, with all of the expected responsibilities and fiduciary duties. The managing broker who runs the firm still has the responsibility of supervising both groups of licensees throughout the transaction.

Views of Open Space in the North Front Range Real Estate Market

 

Thinking about Broomfield CO real estate or other homes for sale choices in beautiful Colorado? We are here to aid you in your real estate needs and please keep in mind that we are top experienced Broomfield realtors in the market for servicing the purchase of foreclosures, recently sold properties, new homes for sale, Broomfield school information and much more.

Have a Great Day!

Shaun Werkele 303-250-4735

Janelle Werkele 303-668-3111

02
May
12

Broomfield CO Real Estate: 12604 Patton BRANDYWINE 80020

Broomfield CO Open Space

Brandywine Homes For Sale

12604 Patton Way Broomfield CO 80020

Posted by Shaun Werkele@ 9:36 am In: Broomfield CO Real Estate

Brandywine Broomfield Homes for Sale Property Details

broomfield co properties for sale Listing courtesy of REAL LIVING CO REAL ESTATE 

Remarks:Gorgeous corner lot on Broomfield home! Good size back yard with a beautiful wood deck. New 50 gallon hot water heater, new exterior paint and sprinkler system. New Laminate wood flooring throughout kitchen, dining and family room…

  • City: Broomfield
  • State: CO
  • Zip: 80020
  • County: BROOMFIELD

PROPERTY DETAILS & BRANDYWINE SCHOOLS INFORMATION

BROOMFIELD CO 80020 HOMES FOR SALE

VIRTUAL TOUR

BROOMFIELD REAL ESTATE INFORMATION

Disclaimer-The content relating to real estate for sale in Broomfield CO Homes For Sale comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC. Real estate listings held by brokers other than this presenting broker are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change without notice and should be independently verified. All homes for sale in Broomfield Colorado and other Denver Metropolitan areas advertised herein are subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.




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