Saturday Reporter-Herald November 12, 2011 E1
Real Estate Matters
www.reporterherald.com • Saturday, November 12, 2011 • Reporter-Herald
Consider options with underwater home
Building a home is a
SYNERGIST process
ILYCE GLINK TRIBUNE MEDIA SERVICES
Q
uestion: I need guidance on what to do with my house. My wife, my preschooler, my infant and I are living in a house that we owe $90,000 on and that we bought eight years ago for about $100,000. Comps in our neighborhood put the current value of our house at about $50,000. Three foreclosures recently resold for about $40,000 to $50,000 in my neighborhood in the last year. Those houses were very much like mine in size, age, condition and lot dimensions. We have an adjustable rate mortgage with a current interest rate of 3.7 percent. The “margin” on our loan is 3.5 percent, which is fantastic, and the loan is tied to the one-year Treasury Note. This is not our forever house. We live about 45 minutes from where we want to establish long-term roots (different county, resources and opportunities for the kids). We bought this house as our first home and planned on living here five to seven years. We can afford the house without a problem. There is no issue there. What concerns me is being tied to the house until such a time that we can sell it and at least break even. At a yearly appreciation of 3 percent, that would take 25 years. I don’t know how this is going to shake out, but I am certain of where I am currently. I can buy houses in my area, right now, just like mine, for half of what I currently owe. I can’t see paying for a house that is worth half of what I owe and will take so long to recoup to get back to where I started eight years ago. What questions should I be asking myself to help me make a decision about what to do? What are my most responsible options? Answer: You’re already asking the right questions. Now you have to consider the consequences of the answers. You’re right: it may be years before the value of your home recovers to where it was when you bought it. Fortunately, you have the ability and the means to pay your debts and keep your home. You even have other options available to you. When property values were increasing rapidly, people never questioned selling their current home and buying another one for quite a bit more money. It was not uncommon to see a person sell a home for $200,000 and buy a new one for $400,000. The current market may have similarities but with different emotions. That home that was worth $200,000 may be worth $100,000, and the $400,000 house may be worth $200,000. If you purchased the home for $200,000, you may feel terrible that the home is now worth half of what it was worth, but if you are planning to trade up to another I See GLINK/Page E4
Bringing materials together to achieve something they could not on the own. nologies into the design standards. Appliances are a good example of increased standards and performance. As standard building codes have increased, Energy Star has started implementing new standards with their Version 3 Energy Star program. All Energy Star builders must meet all of the new requireThe Energy Star program ments by 2012. In 2010, the in the design standards has EPA started looking at the always looked at: standards and making revi• Air flow sion giving builders time to • Thermal flow implement these revisions. • Moisture flow • Additional features • HVAC efficiency • Third-party verifications 9 cubic feet and 360 kWh/year Version 3 requirements look closer at: 15 cubic feet and 1,700 kWh/year • Air flow and pressure 29 cubic feet and 420 kWh/year balancing • Thermal Flow and the types of insulation available, with emphasis on proper installation per the manufactures recommendations. • Moisture flow and the relationship to the ventilation in the home. Water management and ensuring drainage
and efficient. This is achieved through delivering homes that are uilding Science looks high-quality and meaningfulat how all the systems ly more efficient than homes in a home work tobuilt to standard codes. gether. Energy Star achieves this The EPA (Environmental Protection Agency) and DOE with rigorous specifications with consistency and (Department of Energy), through the Energy Star pro- deliberately increasing requirements. gram set out 15 years ago, With the continued began the mission to develop a Building Science base pro- advancement in the building science, material and prodgram that creates homes uct design, Energy Star has that perform and are durable, comfortable, healthy incorporated these new tech-
PAID ADVERTORIAL
B
1950, average fridge size: 1070, average fridge size: 2004, average fridge size:
UPTO$199,999
www.nocoenergystarhomes.org
$200,000-$299,999
$300,000-$399,999
away from the home. • Additional features that included lights and appliances that have Energy Star label. • HVAC quality installations with required third party verification continue to provide home owners with homes that are above code and at least 15 percent more efficient. Visit the Northern Colorado Energy Star website and find your Energy Star homes builder in Northern Colorado today.
$400,000-$499,999
2004
1950
Inside this week’s edition of Home & Real Estate
Page E2
Real Estate Transactions
Real Estate Classifieds
Home purchases and foreclosures in Northern Colorado
View listings of rentals, homes for sale
Page E3
Page E4
Buying a home that needs work? Call the experts in FHA 203(k) renovation financing. www.HomeStateBank.com An FHA 203(k) mortgage allows you to finance both your home purchase and renovation with a single loan. Call now to learn more. Vivian DeVoe, VP Mortgage Banker, NMLS#269876, 970-227-4702 Loans and rates subject to credit approval. Owner-occupied residences only. FHA conditions and restrictions apply.
970-203-6100 Check the license status of your mortgage loan originator at http://www.dora.state.co.us/real-estate/index.htm Think big
Bank small
E2
Saturday Reporter-Herald November 12, 2011
Regional Snapshot for Loveland/Berthoud Residential
Mortgage rate update
July
August
September
Active Listings Previous Year Active Listings
978 1092
860 1054
842 1027
Sold Listings Previous Year Sold Listings
134 111
154 102
115 114
$208,958 $238,000
$223,700 $192,000
Average Days on the Market Previous Year ADOM
103 122
107 121
136 122
Year to Date Listings Sold Previous Year YTD Listing Sold
810 839
964 941
1079 1055
Median Sales Price Previous Year Median
This week Last week Trend
30-year fixed
4.09%
4.08%
15-year fixed
3.40%
3.38%
5/1 ARM
3.01%
3.02%
$209,275 $196,000
Home & Real Estate is produced every Saturday by the Loveland Reporter-Herald.
News and Press Releases: The Reporter-Herald welcomes news on hirings, advancements, awards, classes and other information of interest to the real estate and home community. Submit information to jcody@reporter-herald.com. Advertising: For advertising information, call Dan Grassmeyer. Office: 970-635-3615 Cell: 970-214-6297 E-mail: dgrassmeyer@reporter-herald.com
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Featured Properties UP TO $199,999 QUICK CLOSING PREFERED!
$200,000 - $299,999 SALES OFFICE OPEN
OPEN HOUSE SAT & SUN 1-4 PM
OPEN SAT 9-11 PM
2265 Arikaree Ct., Loveland
Peakview Meadows, Berthoud
4478 Hayler Avenue, Loveland
Warberg Farm at Chapman Reservoir
This cute one level home offers new roof, new furnace, new carpet, remodeled bathroom w/ tile. Open kitchen w/eating bar. Large lot with mature landscaping. Great location. Offered at 169,900.
Peakview Meadows Sales office open Thursday thru Monday from 1-4 Prices starting at $195,900. 5 Models to choose from.
Energy Star - Built Green/Built Better! SAVE $35,000 this weekend! 3 BR, 3 BA, large 24’ deep 2-car garage, sprinkler system, full basement, A/C, backs to greenbelt. Past builders showhome. $219,900
OPEN Saturday 9-11 2+Acre Lake front & horse lots starting $225,000 water tap included. Surface rights, walk paths, parks, boat docks, fishing and peace garden.
Dominic East Coldwell Banker 970-412-7743 dominic@dominiceast.com www.DominicEast.com
Kurt Albers & Chris Rampone Century 21 Humpal, Inc 970-231-1224 Kurt 970-430-0845 Chris www.berthoud.org
Kurt Albers Century 21 Humpal, Inc. 970-231-1224 kurtd57@msn.com www.warbergfarmatchapmanreservoir.com
Kevin Cook Cottage Realty 970-532-5900 www.lovelandcorealestate.com
$300,000 - $399,999
$400,000 - $499,999 OPEN SATURDAY & SUNDAY 12-4
JUST COMPLETED! NEW PATIO HOME OPEN HOUSE 12 TO 4 THURS.-MON.
BUILDERS MODEL - DAKOTA GLEN OPEN HOUSE 12 TO 4 THURS.-MON.
OPEN SUNDAY 1-4 PM
3489 Peruvian Torch, Loveland
3480 Peruvian Torch Drive, Loveland
1965 Alabama St., Loveland
Upscale Patio Home - Just completed, 2 bedrooms plus office. Slab Granite island, Solid wood doors, Knotty Alder cabinets, plus more! Amazing mountain views from your deck. MLS# 661675 - $383,000
Maintenance FREE* Patio Home-Great open floor plan-Split 3 bdrms - Upgrades and designer tile! Alder doors, trim & cabinets, 5 pc. master bath. Stone fireplace. 2 1/2 car garage. MLS#666495. $339,900
2 Story, 4 Bedroom, 2 1/2 bath, Open Floor Plan, Corner Lot, built in 2007, brand new roof, gutters, and carpet, fenced yard, across the street from a park. 3 car garage, air conditioning, sprinkler system, full unfinished basement. A Must See in Kendall Brook Subdivision. $325,000
Venna Hillman ERA Herman Group/Glen Marketing 970-663-4522 venna@glencompanies.com www.DakotaGlen.com
Venna Hillman ERA Herman Group/Glen Marketing 970-663-4522 venna@glencompanies.com www.DakotaGlen.com
1187 Coral Burst Dr. - Crescendo Village in Alford Meadows Spectacular ranch-style home offering premium finishes throughout. Open floor plan w/10 ft ceilings, designer kitchen, finished basement, slab granite, wood floors, front & back landscaping. $499,900
Ron McCrimmon Fuller Sotheby’s International Realty 970.214.2763 AlfordMeadows.com www.RonMcCrimmon.com
Dee Nail 970-391-9669
saturday
sunday
Price:
Location:
Address:
Time:
Office/Contact:
Phone:
Price:
Location:
Address:
Time:
Office/Contact:
Phone:
From the $140’s*
Loveland
43rd St & Wilson Ave The Cottages at Enchantment Ridge
12-5 PM
Cottage Realty
970-215-0515
From the $140’s*
Loveland
43rd St & Wilson Ave The Cottages at Enchantment Ridge
12-5 PM
Cottage Realty
970-215-0515
$150,840
NE Loveland
4905 Hahns Peak #103
11 AM-3 PM
RE/MAX Alliance-FTC Downtown, Jeremy Johnson
970-313-6166
$150,840
NE Loveland
4905 Hahns Peak #103
11 AM-3 PM
RE/MAX Alliance-FTC Downtown, Jeremy Johnson
970-313-6166
$169,900
Loveland
2265 Arikaree Court
Call for Appointment
Coldwell Banker, Dominic East
970-412-7743
$169,900
Loveland
2265 Arikaree Court
Call for Appointment
Coldwell Banker, Dominic East
970-412-7743
$169,900*
Loveland
4403 Elliot Pl
12-5 PM
Cottage Realty
970-215-0515
$169,900*
Loveland
4403 Elliot Pl
12-5 PM
Cottage Realty
970-215-0515
From $169,900
Loveland
1899 East 11th St.
10 AM-6 PM
Midtown Homes, Boise Village North, Wayne Lewis
970-456-4600
From $169,900
Loveland
1899 East 11th St.
10 AM-6 PM
Midtown Homes, Boise Village North, Wayne Lewis
970-456-4600
Starting at $195,900
Berthoud
Peakview Meadows
1-4 PM
Century 21 Humpal, Inc., Kurt Albers & Chris Rampone
970-231-1224, 970-430-0845
Starting at $195,900
Berthoud
Peakview Meadows
1-4 PM
Century 21 Humpal, Inc., Kurt Albers & Chris Rampone
970-231-1224, 970-430-0845
Starting in the $200’s Windsor
292 Saratoga Drive
1-4 PM
The Group Inc., Real Estate, Jim Watson
970-219-5219
Starting in the $200’s Windsor
292 Saratoga Drive
1-4 PM
The Group Inc., Real Estate, Jim Watson
970-219-5219
$207,315*
Loveland
3441 Foster Pl
12-5 PM
Cottage Realty
970-215-0515
$207,315*
Loveland
3441 Foster Pl
12-5 PM
Cottage Realty
970-215-0515
$210,000
NW Loveland
1015 W 32nd
1 PM Sharp!
RE/MAX Alliance-Loveland, Kathy Standiford
970-679-1686
$219,900
Loveland
4478 Hayler Avenue
1-4 PM
Cottage Realty
970-532-5900
$215,000
Loveland
273 Harding Court
1-3 PM
The Group Inc., Real Estate, Kim Summit
970-689-6950
$220,000
Berthoud
660 Mt. Massive Street
12 Noon-2 PM
The Group Inc., Real Estate, Cindy Kurtz
970-962-6832
$219,900
Loveland
4478 Hayler Avenue
1-4 PM
Cottage Realty
970-532-5900
$239,000
Loveland
4496 Hayler Ave
12-5 PM
Cottage Realty
970-532-5900
Starting at $225,000
Berthoud
Warberg Farm At Chapman Reservoir 9 AM-11 AM
Century 21 Humpal, Inc., Kurt Albers
970-430-0845
$249,900
Berthoud
1621 Hollyberry
1-3 PM
RE/MAX Alliance-Loveland, Kathy Beadell
970-290-1798
$235,000
Loveland
1506 Gloria Ct.
1 to 4pm
ERA Tradewind, Rod Carlson
303 517 4713
$298,664
Loveland
4355 Ridgway Dr
12-5 PM
Cottage Realty
970-227-3893
$239,000
Loveland
4496 Hayler Ave
12-5 PM
Cottage Realty
970-532-5900
$299,900
Loveland
1920 New Hampshire St
12-5 PM
Cottage Realty
970-227-3893
$249,900
Berthoud
1621 Hollyberry
1-3 PM
RE/MAX Alliance-Loveland, Kathy Beadell
970-290-1798
$299,900
Loveland
4454 Stump Ave
12-5 PM
Cottage Realty
970-532-5900
Loveland
1965 Alabama St.
1-4 PM
Assist2Sell, Dee Nail
970-391-9669
$298,664
Loveland
4355 Ridgway Dr
12-5 PM
Cottage Realty
970-227-3893
$325,000
$299,000
Loveland
2892 Ariel Drive
1-3 PM
The Group Inc., Real Estate, Georgena Arnett
970-481-9801
$329,900
Windsor
4613 Free Hold Drive
12 Noon-5 PM
The Group Inc., Real Estate, Kristen Specketer
970-290-8097
$299,900
Loveland
1920 New Hampshire St
12-5 PM
Cottage Realty
970-227-3893
$339,900
NW Loveland
3480 Peruvian Torch
12:00-4:00 PM
ERA Herman Group NoCo/Glen Marketing
970-663-4522
$299,900
Loveland
4454 Stump Ave
12-5 PM
Cottage Realty
970-532-5900
$342,000
NW Loveland
ERA Herman Group NoCo/Glen Marketing
970-663-4522
Windsor
4613 Free Hold Drive
12 Noon-5 PM
The Group Inc., Real Estate, Kristen Specketer
970-290-8097
1/4 mile west of Wilson on 14th Street/SW/HWY 402 to the Dakota Glen Subdivision
12:00-4:00 PM
$329,900 $335,000
Loveland
2890 Carina Circle
1-3 PM
The Group Inc., Real Estate,Georgena Arnett
970-481-9801
$350,000
Loveland
3555 Capitol Peak Drive
1-3 PM
The Group Inc., Real Estate, Emily Waller
720-231-7183
$339,900
NW Loveland
3480 Peruvian Torch
12:00-4:00 PM
ERA Herman Group NoCo/Glen Marketing
970-663-4522
$350,000
Loveland
3508 Moffat Avenue
2-4 PM
The Group Inc., Real Estate, Stephanie Soule
970-214-2452
$342,000
NW Loveland
1/4 mile west of Wilson on 14th Street/SW/HWY 402 to the Dakota Glen Subdivision
12:00-4:00 PM
ERA Herman Group NoCo/Glen Marketing
970-663-4522
$383,000
NW Loveland
3489 Peruvian Torch
12:00-4:00 PM
ERA Herman Group NoCo/Glen Marketing
970-663-4522
$499,900
Loveland
1187 Coral Burst Drive, Creshendo Village At Alford Meadows
12 Noon - 4 PM
Fuller Sotheby’s International Realty, Ron McCrimmon
970-214-2763
$350,000
Loveland
4554 Cushing Drive
1-3 PM
The Group Inc., Real Estate, Cindy Kurtz
970-962-6832
$383,000
NW Loveland
3489 Peruvian Torch
12:00-4:00 PM
ERA Herman Group NoCo/Glen Marketing
970-663-4522
$499,900
Loveland
1187 Coral Burst Drive, Creshendo Village At Alford Meadows
12 Noon - 4 PM
Fuller Sotheby’s International Realty, Ron McCrimmon
970-214-2763
WWW.HOMEANDREALTYGUIDE.COM
CLICK
ON
OPEN HOUSE MAPS
For information on how a Realtor may add a listing, call Dan Grassmeyer at the Loveland Reporter-Herald at 970-635-3615 or email: dgrassmeyer@reporter-herald.com. Realtors can join our on-line realtor community at: colonews.com/FeaturedProperties_RH/featured_newclient.php For details about these open houses, see the ads in this section. For additional open house listings, please check the “Real Estate Classifieds” section of this publication or on line at, reporterherald.com where you can find all of the information in todays Real Estate Weekly. This guide is brought to you by the Daily Reporter-Herald, local real estate agents and area builders.
Saturday Reporter-Herald November 12, 2011 E3
H&RE Real Estate Transactions Real Estate Transactions are supplied by Prospects Unlimited Inc., 1151 Eagle Drive No. 467, Loveland, CO 80537, 667-1537.
Loveland • Karen Thurman from Allen Glenna Eddy Living Trust, 212 Mustang Dr, Loveland, $400,000, home • John Beerman from Herbert Becker, 422 W 13th St, Loveland, $284,000, home • Donna Gillmore from Fannie Mae, 962 Caroline Ct, Loveland, $58,000, home • Highlands LLC from Gallery Homes Inc, 470 Maggie Ct, Loveland, $66,000, home • Kent & Jennifer Solt from Bill Hay, 192 Scenic Dr, Loveland, $275,000, home • Virginia & John Miller from Joshua Skelton, 1302 Audubon Pl, Loveland, $200,000, home • Vicki & Courtney Christensen from Kent Solt, 1510 Tori Dr, Loveland, $195,000, home • Sm76 LLC from John Goings, 7955 Stag Hollow Rd, Loveland, $165,000, home • Joyce Trust from Mary Grandia, 2384 Lawson Dr, Loveland, $265,000, home • Briski Trust from Grant
Hatfield, 2747 Kyle Cir, Loveland, $355,000, home)Douglas & Denise Nagle from Virginia Miller, 3502 Taft Ave, Loveland, $252,000, home • Jack & Dawn Harbison from Oak Valley Homes LLC, 302 Lyra Pl, Loveland, $383,000, home • Cynthia & Nicholas Kramer from Elizabeth Purcell, 1863 Twin Lakes Cir, Loveland, $184,500, home • Brian & Janet Mowery from Evelyn Shrader, 267 N County Road 23 E, Loveland, $779,000, home • Ronald & Sylvia Seaton from Twin Lakes Development LLC, 2778 Crooked Wash Ct, Loveland, $60,000, home • Jennifer Smith from Jeffrey Wikre, 2412 Van Buren Ave, Loveland, $162,500, home • Paul Sperry from John Ballenski, 2354 Augusta Ave, Loveland, $159,000, home • Corey Bledsoe from Kristie Barter, 2046 S Colorado Ave, Loveland, $105,500, home • Wilfred Schuemann from Donald Clarke, 16346 Goldfinch Rd, Loveland, $190,000, home • Lisa & Kyle Melby from Trent Gable, 1125 Flowering Almond Dr, Loveland, $330,000, home
• David Banford from Keirns Construction Co, 2197 Vancorum Cir, Loveland, $276,900, home • Susan Osborn from Duane Rumbaugh, 2477 Waverly Dr, Loveland, $185,000, home • Eugen & Becky Kleiner from Jace Thorpe, 1811 Heather Dr, Loveland, $160,000, home • John & Ana Simmons from Trust Between Natl Equity Inc, 4128 Lost Canyon Dr, Loveland, $260,000, home • Mark & Judith Bonaventura from Vance Construction Inc, 910 Norway Maple Dr, Loveland, $338,800, home • Laurene Nicholl from Virginia Willard, 1100 Taft Ave Unit 10, Loveland, $164,000, condo
Johnstown
Trust, 3109 Meining Rd, Berthoud, $384,500, home • Gail & Dean Saul from Prestige Homes LLC, 1413 Mount Meeker Ave, Berthoud, $199,900, home • Brenda Martinez from Kerry Sewczak, 614 Munson Ct, Berthoud, $226,000, home
stone Ct, Windsor, $445,800, • Linda Gomez from Fannie home • Extended Inc from Fed Mae, 19 Lindenwood Cir, JohnHome Loan Mtg Corp, 100 stown, $129,900, home • Richard & Mary Faulmann Beacon Way Unit A, Windsor, from JJ Constr Northern Colo $95,400, condo • Jon & Susan Franklin from LLC, 153 Alder Ave, JohnGsr 2007 3f, 4972 Shavano Dr, stown, $182,000, home Windsor, $425,000, home • Shane & Margo Hasert from Greg Locke, 2523 Black • Theodore & Christin JohnDuck Ave, Johnstown, son from Gregory Ingram, 302 $288,000, home Habitat Cv, Windsor, $480,000, • Jessica Fudge from Brenda home Pister, 31 N Estes Ave, John• Justin Scharton from Presstown, $99,000, home tige Homes LLC, 661 Yukon • Ian & Melissa Geddis from Ct, Windsor, $217,000, home St Aubyn Homes LLC, 320 Tar• Kelly Jensen from Saint tan Dr, Johnstown, $232,000, Aubyn Homes LLC, 392 home Saratoga Way, Windsor, • Gerald Beers from Oak$244,100, home wood Homes LLC, 3806 • Cole & Jennifer Bartlett Hunterwood Ln, Johnstown, from Saint Aubyn Homes LLC, $199,900, home 677 Shoshone Ct, Windsor, • Karch & Rachel Hickman $268,200, home from Oakwood Homes LLC, • David & Tina Baker from 3813 Blackwood Ln, JohnSharon Veillon, 35284 Cornerstown, $181,300, home stone Way, Windsor, $618,000, • Sarah & Joshua Pape from Carl Huber, 3658 Wittaker Cir, home • Jarrod & Paula Bessire Johnstown, $255,000, home from Fed Home Loan Mtg • Michael Williford from Corp, 9909 State Highway 392, Journey Homes LLC, 166 Windsor, $245,000, home Alder Ave, Johnstown, $202,100, home • Jeremy & Jennifer Wentz from Clayton Logan, 180 Mus• Borrower: James & Peggy covey Ln, Johnstown, Frampton Trustees, Lender: $257,000, home Wells Fargo Bank Na, Amount: • Sierra Alexander from $222,416, Property: 300 Far Saint Aubyn Homes LLC, 168 View Dr 9, Estes Park, Filed: Tartan Dr, Johnstown, 10/27/11 $224,600, home • Borrower: Craig & Shauna • James & Belinda Sterner Duell, Lender: Wells Fargo from Sam Swoape, 1221 Bank Na Trustee Pooling, Mountview Dr, Johnstown, Amount: $285,088, Property: $250,000, home 496 Valley Rd, Estes Park, • Andrew Christensen from Filed: 10/27/11 Bk New York Mellon, 2284 • Borrower: Suzanne Maki, Black Duck Ave, Johnstown, Lender: Jpmorgan Chase Bank $198,000, home National Assoc, Amount: • Johnstown District from $184,895, Property: 514 Grand Richard Wendy Wynkoop Trust, Estates Dr A4, Estes Park, 372 Mountain View Rd Unit Filed: 10/28/11 11, Johnstown, $85,000, con• Borrower: Marcus Collins, do Lender: Wells Fargo Bank Na, • Justin & Erin Moomey Amount: $177,294, Property: from Ryland Group Inc, 2737 3843 Kenwood Cir, Johnstown, Aylesbury Wy, Johnstown, Filed: 11/01/11 $291,800, home • Borrower: Allan & Patricia Taylor, Lender: Citimortgage Inc, Amount: $141,792, Prop• Troy & Kelly Ostermiller erty: 107 E 12th St, Loveland, from Herbies Homes LLC, 211 Filed: 10/27/11 S Pauline Ave, Milliken, • Borrower: Robert Gabriel$160,000, home son, Lender: Wells Fargo Bank • Joshua Pushchak from Sean Tafaro, 520 S Rachel Ave, Na, Amount: $187,251, Property: 1404 Gloria Ct, Loveland, Milliken, $142,000, home Filed: 10/27/11 • Borrower: Carl & Mary Betts, Lender: Hsbc Bank Usa • Ronald Lester from Robert Na As Trustee, Amount: Bertram, 705 Shipman Moun$201,377, Property: 4150 Joni tain Ct, Windsor, $160,000, Ln, Loveland, Filed: 10/27/11 home • Borrower: Valentino & • Barerose LLC from FirstRobyn Vasquez, Lender: Colbank, 1525 Main St, Windsor, orado Housing And Finance, $2,000,000, home Amount: $200,584, Property: • Brent & Kim Thompson from Terry Parks, 1989 Barba- 2390 W 45th St, Loveland, Filed: 10/27/11 dos Ct, Windsor, $56,300, • Borrower: Carolyn Baldashome sare, Lender: Bank Of America • Marc Mackie from Robert Smith Constr Inc, 37050 Soar- N A Successor, Amount: $156,601, Property: 2471 ing Eagle Cir, Windsor, Cinnabar Ct, Loveland, Filed: $462,000, home 10/27/11 • Saint LLC from Winter • Borrower: Allan & Gloria Farm Windsor LLC, 591 Dakota Ct, Windsor, $35,000, home Littrell, Lender: Us Bank National Association, Amount: • Bill & Rachael Hay from Donna Clark, 8816 Longs Peak $97,073, Property: 4514 SunCir, Windsor, $475,000, home shine Cir, Loveland, Filed: • Robert & Laura Mcclelland 10/28/11 from Warren Churich, 6832 • Borrower: Richard & NanSpanish Bay Dr, Windsor, cy Kopcho, Lender: Wells Fargo $405,000, home Bank Na, Amount: $92,015, • Andrew & Juliet Higa from Property: 1617 Cleveland Ave, Savant Homes Inc, 8361 Wyn- Loveland, Filed: 10/28/11
Estes Park
• Robert & Sandra Fraser from Christina Benight, 507 Fall River Ln Unit A, Estes Park, $157,000, condo • John Thorne from Spring Family Trust, 600 Ponderosa Ave, Estes Park, $360,000, home • Neal & Virginia Wiseman from Tamara Jarolimek, 1455 S Saint Vrain Ave Unit 3, Estes Park, $325,000, condo • Lon Kinnie from Jeanette Villers, 1720 Avalon Dr, Estes • Jason & Emily Menegatti Park, $140,000, home from Gale Medlin, 645 S Coun• Wynne & Phillip Wilbur ty Road 31, Berthoud, from Jennifer Appelt, 2625 $352,500, home Marys Lake Rd Unit 100, Estes • Douglas Brown from ClifPark, $195,000, condo ford Rufenach, 1503 Oak Dr, • Greg & Leslie Peterson Berthoud, $191,400, home from Diane Conner, 2071 • Josiah & Raluca Mcroberts Sharon Ct S, Estes Park, from Bruce Whitley, 1870 $375,000, home Sherlyn Ct, Berthoud, • Doyle & Katherine Bake $310,000, home from Paul Ressue, 1755 Moss • Brian & Shelby Campbell Rock Dr, Estes Park, $490,000, from Douglas Harris Living home
Berthoud
750 W. Eisenhower Blvd., Loveland
FORECLOSURE
Each office independently owned & operated
669-1234
vview iew more mo properties at:
OPEN SUNDAY 1-3 P.M. 134 Sweet Clover Ct, Loveland
0 Rossum Dr, Loveland
JUST LISTED 3539 Pinewood Ct, Johnstown
Beautifully remodeled Custom On Site semi-custom home in Mariana Butte Golf Course. Lake/Mountain view. Wrap around deck. Gourment kitchen, granite, hardwood, NEW everywhere. 9’ ceiling in finished basement.
WOW! The last lot with deeded recreation rights on Buckingham Reservoir in Mariana Butte Golf Course reduced $40,000! Lake allows fishing/non-motorized water craft. Panoramic views of water/mountains.
Loveland schools, just south of Centerra in desirable Thompson River Ranch. True luxury! This original owner put in all the upgrades. 4 Bedrooms/4 Baths. Gourmet eat-in kitchen: Granite island, stainless appliances and gas stove. Gas fireplace. Huge loft.
www.HomesInColorado.com
$399,900 | MLS #654498
$310,000 | MLS #652947
Call Coleen Ligotke 690-1732 coleenligotke@gmail.com
Call Coleen Ligotke
Call Jeanette Meyer 970-481-9340
coleenligotke@gmail.com
jmeyer@remax.net
www.114Southside.com Ft. Collins
www.1432SevenLakes.com
369 W. 9th Street, Loveland
This home has pleasing features throughout. Gourmet kitchen/walk-in pantry, wood floors, main floor laundry & garden level basement. Landscaping feels like a private park in this quiet cul-de-sac.
Lovely 2-story with cozy main floor living and two decks! Kitchen features granite counters, maple cabinets and pantry. Fireplace warmth with framed view of water. Part of Seven Lakes North HOA.
Absolutely charming 4 bdrm, 2 ba home! Spectacular kitchen remodel. Lots of updating, care & character. Corner lot. Updated baths. Must see! Hwy 34, S on Garfield, W on 8th, N on Grant, W on 9th.
$387,500 | MLS #653446
$377,500| MLS #661627
$199,750 | MLS #667941
Call Nanci Garnand
Call Nanci Garnand
Call Amber Huber
www.LivingInLoveland.com
amberhuber@remax.net
www.LivingInFtCollins.com
Windsor
$309,000 | MLS #668137
690-1732
622-1846 | 227-1327
Milliken
622-1846 | 227-1327
217-2939
NEW NORTHERN COLORADO HOMES Enchantment Ridge FROM THE $140’S* TO $350’S
New Construction
OPEN SAT & SUN 12-5 PM STARTING IN THE MID $200’S
OPEN SAT & SUN 12-5
""# $ %% & ' + , - . 0 11 2% 11
4496 Hayler Avenue, Loveland 4403 Elliot Place, Loveland
970-532-5900 (*w/ qualifying special financing)
Priced from $210K
Priced from $270K
www.CosBuilders.com
Megan Wachtman 8z Real Estate Broker/Owner
970-217-7977
www.MeganWachtman.8z.com www.cohomefinder.com A better way to buy and sell a home in Colorado!
$3,000 BUYER CREDIT NEW HOMES MONTHLY PAYMENTS FROM STARTING AT $999 $169,900 - $229,900 OVER MODELS CONNECTED TO CITY TRAIL
GREAT VALUE GREAT COMMUNITY GREAT LOCATION
Imagine the warmth of sunlit rooms. Become a gourmet chef in a state of the art kitchen. Open floor plans, 3-4 bedrooms, 5 piece baths, 3-4 car garages. (12 models & 50 lots to choose from)
Sales Center 4355 Ridgway Drive, Loveland
970-227-3893
GEORGETOWN
NW Corner of Wilson & 43rd St. !
4 MODELS TO TOUR! STARTING IN THE MID 200’s
TAFT
$6,000 BUILDER INCENTIVE THIS MONTH**
43RD ST.
Sales OfďŹ ce Open 10-6 Daily 1899 East 11th Street, Loveland, CO 80537 Phone: (970) 456-4600 info@newmidtownhomes.com www.newmidtownhomes.com FHA Approved Community
E4
Saturday Reporter-Herald November 12, 2011
GLINK
‘Going out of town? Don’t miss your local news.
From Page E1
that may be your long-term home, this may be the time to take the loss but see it as a gain. While losing $50,000 on the sale of your current home will feel terrible, you might be able to afford your next home at today’s historically low interest rates and purchase a home that is now within your budget that can meet your needs as your family grows up. You’ve done the math correctly. But it doesn’t seem that you will want or be in a position to remain in this home for more than a couple of years. If you otherwise would be thinking of buying in this market and moving to a home that suits your needs, it may be time to bite the bullet, get what you can from your current home and move on. However, if you make that leap, you’ll owe money when you sell your current home. Some home sellers have savings they can use to pay off the bank and can use what’s left for a down payment on the new home. Your current adjustable rate is great. With the one-year treasury rate at about 0.02 percent and your margin of about 3.5 percent, those two numbers combined result in your new interest rate. You will probably see that low interest rate for at least another year or two. Nevertheless, interest rates will rise at some point and so will your home mortgage interest rate. If you planned to stay in your current home for 20 years or so, this would be the time for you to refinance. But your home is underwater. You owe more on your loan that what your home is worth. It will be difficult for you to refinance now unless you get lucky and somehow qualify for the new Home Affordable Refinance Program (HARP). However, don’t count on it. Everything comes down to whether you have extra cash that would enable you to move on. If you sell the property in a short sale (where the lender accepts less than what you owe), you won’t be able to buy a home for three to five years. And you may be required to agree to pay back the missing money to the lender (known as the deficiency) over the years. Moreover, if you don’t pay the loan in full, you should be aware that the short sale will hurt your credit score and credit history. A final option is to purchase a new property and rent your existing home. If you can do that, you may be able to take advantage of lower prices in your neighborhood of choice and hold out while the foreclosure market in your existing home settles.
www.reporterherald.com/e-edition w BUYING OR SELLING? Ron McCrimmon Is Your Local Real Estate Expert.
Experience Counts, Especially Now! E Ex Featured Property
view more listings at…
RonMcCrimmon.com
5548 STONE CHURCH COURT, LOVELAND
970.214.2763
Don A. Riedel
Saddle Notch Road - Loveland Offered at $10,000,000
970.679.8265 cell
970.669.1234 office
Indian Creek Ranch - Loveland Offered at $2,000,000
driedel@remax.net www.RiedelGroup.com NE
W 27 CON EST STR ATE UC LO TIO TS N!
Crescendo Village - Loveland Offered at $499,900 Call today for a personal tour!
(Mariana Cove) Spacious, pristine home in Southwest Loveland, near lakes, mountains and the Mariana Butte Golf Course but close to all the west side Loveland shops & grocery stores. The 1/3rd acre lot backs to open space and a beautiful neighborhood granite walking trail system that meanders down to and along the lake. The walkout basement of this home gives access to a private patio and a backyard with multiple trees and flowers. The main level has its own “glassed in” tiled sunroom with southeast exposure. Hardwood entry, curved staircase, formal dining room plus breakfast room and warm “sun capturing” south windows. The upper level has a large 18 x 16 master suite with its own 3 sided fireplace plus luxury bath. 3 other bedrooms and baths complete the upper level. MLS #659284 $450,000
Open Houses This Weekend - www.thegroupinc.com NEW HOMES BUILT BY WINDMILLS, LLC
NEW CONSTRUCTION
NEW CONSTRUCTION
FRIDAY - SUNDAY 1:00-4:00
SATURDAY 1:00-3:00
SUNDAY 12:00-2:00
FRIDAY & SATURDAY 1:00-3:00
292 Saratoga Drive, Windsor Greenspire at Windsor Lake. It’s more than just a home… IT’S A QUALITY OF LIFE! Miles of bike trails, open space & parks. Personalize your home from framing to finish! Extraordinary floor plans – Ranch & 2-Story. Lots available on Windsor Lake! Visit our Sales Center at 690 Moonglow Drive or call for a showing!
273 Harding Court, Loveland Move-in ready 2-story home in Shadow Hills Subdivision. Upgraded carpet and tile. Open floor plan. Unfinished basement for future expansion. Main level laundry and very private back yard, all on a cul-de-sac.today!
660 Mt Massive Street, Berthoud Beautiful home in a quiet neighborhood. 3 bedrooms, 2 baths with builder finishes. Hardwood floors in kitchen, panel oak cabinets and covered porch. Unfinished basement offering room to grow. Spacious back yard with excellent views.
2892 Ariel Drive, Loveland Colorado Craftsman style home quality built by Oak Valley Homes. Kitchen features a large island and shaker style alder cabinetry. Ranch style home with open floor plan backs to open space. Beautiful finishes include hardwood floors, designer tile & slab granite. Full, unfinished basement. Fully landscaped yard.
Homes Starting in the $200,000s!
$215,000
$220,000
$299,000
MLS# 643842
MLS# 667820
MLS# 664809
MLS# 662114
Call Jim Watson
Call Kim Summit
Call Cindy Kurtz
Call Georgena Arnett
970-219-5219
689-6950
962-6832
481-9801
NEW CONSTRUCTION
SATURDAY & SUNDAY 12:00-5:00
FRIDAY & SATURDAY 1:00-3:00
SUNDAY 1:00-3:00
SATURDAY 1:00-3:00
SUNDAY 2:00-4:00
4613 Free Hold Drive, Windsor Must see ranch plan with walkout on oversized, elevated lot. Very upgraded! Trex patio, 3-car garage, slab granite and stainless kitchen, full basement and much more! Stucco with stone exterior. See our model at 4613 Pompano Drive for more information. Other completed homes available.
2890 Carina Circle, Loveland Colorado Craftsman style home. Finishes include hardwood floors, designer tile, slab granite, alder trim & doors and shaker style alder cabinetry. 12’ ceilings in great room w/wood beams. SS appliances, gas fireplace and custom built-ins. Fully landscaped. Close to I-25, Centerra and the Medical Center of the Rockies.
3555 Capitol Peak Drive, Loveland Gorgeous ranch. Wood floors in entry, kitchen & eating area. Alder cabinets. Butler pantry. Private master bedroom with walk-in closet & 5-piece bath. Unfinished garden level basement. Outdoor living includes large deck, stamped concrete patio and gas line for BBQ.
4554 Cushing Drive, Loveland Spacious ranch with partially finished basement. 4 bedrooms plus study that can be used as a 5th conforming bedroom. Crown molding and brushed nickel throughout. Large lot is meticulously landscaped and fully fenced. Oversized 2 car garage has plenty of room for toys or workspace.
3508 Moffat Avenue, Loveland Located West of Devils Backbone. Remodeled ranch on .91 acre. Main floor master w/dressing room & bath in private wing. 2 guest rooms & bath in separate wing. Brick FP, pine ceilings, eat-in kitchen, dining room & study. Family room w/2nd FP. Horses welcome
$329,900
$335,000
$350,000
$350,000
$350,000
MLS# 647804
MLS# 662119
MLS# 659371
MLS# 664809
MLS# 668301
Call Kristen Specketer
Call Georgena Arnett
Call Emily Waller
Call Cindy Kurtz
Call Stephanie Soule
290-8097
481-9801
720-231-7183
962-6832
214-2452