Climates are Extreme in Colorado – Think about Energy-Efficient Windows

colorado real estate contracts Climates are Extreme in Colorado – Think about Energy Efficient Windows

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The Colorado climate can be very extreme from month to month. From rain to sun to snow and blizzards, the rapid change in the weather and the change from one extreme to the other can really take a toll on the energy bills. Energy-efficient windows may be able to help reduce heating and cooling costs and help you save a nice chunk of change at the end of every month.

How Energy-Efficient Windows Work

As the sun beats down on your home, your windows become hot and will conduct the heat, bringing it through the glass and into your home. The same thing happens in winter when it’s freezing outside. With regular, one-pane windows, you might lose as much as 30% of your heating or cooling energy through those windows. With energy-efficient windows, like double-pane, argon-filled windows, reduce the amount of heat or cold that is conducted through the window and into your home. This saves money and energy.

Stopping Air Leaks

Another way you lose heating and cooling energy is through leaks. Some experts suggest that about half of a home’s heating and cooling energy is lost through leaks in windows and around doors. Typically, cheaper windows are the ones more likely to have leaks. Energy-efficient windows are designed to seal better and prevent leaks from happening. This can also save a great deal of money, as your heating and cooling unit will have to work less to make the home comfortable for the occupants.

High Visible Transmittance

Another form of energy-efficient window is the high visible transmittance window. These kinds of windows are created to be easier to see through and easier to let the beautiful Colorado daylight inside your home. This helps to provide more natural daylight so you don’t need to use as many lights. This reduces the electricity and energy you’re using, as well as your utility bill costs.

Energy-Efficient Benefits

While you’re thinking about energy-efficient windows for your Colorado home, you may also want to think about integrating other energy-efficient products. There are huge benefits to doing so, and the most important one is that you’re going to save a lot of money. Some individuals may even be able to get a tax credit by installing energy-efficient windows and other products. If you’re attempting to become more eco-friendly or you simply want to save money, energy-efficient is the way to go.

While energy-efficient windows may originally cost a little more than the single pane or ordinary windows, you will save money in the long run. In fact, a house full of these energy-efficient windows could end up paying for themselves in as little as 6 months’ time. By considering all of the energy-efficient moves you can make in your Colorado home, you can save a ton of energy and a significant amount of money. You may be able to take that vacation or purchase that big screen television after all!

Summer is Here – Target Families Moving during Summer in Colorado

colorado real estate forms Summer is Here – Target Families Moving during Summer in Colorado

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Many families and individuals move toColoradoduring the winter to enjoy the many outdoor sports that the area has to offer. However, there’s an old saying that goes, “I’ve moved toColoradofor the winter and stayed for the summer.” With gorgeous weather and beautiful natural areas, many people are drawn toColoradoin the summer time. It’s a perfect time for real estate agents to target families moving during the summer inColorado. There are numerous benefits for those families.

Summer Outdoor Sports

Like the skiing in the winter,Coloradooffers up a wide variety of outdoor summer sports as well. For instance, kayaking, canyoning and wading are just a few great things that outdoorsy people inCaliforniaenjoy. In addition to that, rappelling the mountains, or learning to climb the mountains is a lot of fun. This allows real estate agents to target active individuals and young families who love to be outdoors.

The Art Community

One ofColorado’s greatest draws is its art community, especially in areas nearDenver. During the summer, communities come together and have huge art walks so visitors can visit several different booths featuring different artists, styles and mediums of art. Those who visit the art walks might see huge abstract paintings, pottery, jewelry from master jewelry makers, and so many other types of arts.Coloradois a wonderful place for artists, too, as they will be welcomed into art communities and can showcase their masterpieces.

Family Friendly

All areas ofColoradoare family-friendly, making it the perfect place for young families.Coloradofeatures wide open spaces rather than smog-choked cities with buildings just inches from each other. Families will love the activities available to them, from numerous wildlife parks and lakes to museums and art galleries. Many couples who lived in nearby cities might consider moving toColoradoto raise their families, and targeting those individuals is a great idea. The communities and schools are wonderful and few things are better than growing up in the beautiful natural areas ofColorado.

Healthier Living

Coloradoans rave about the fact that farmer’s markets are more plentiful than grocery stores, so getting fresh, delicious produce is easy. In addition to that, during the summer inColorado, the ski resorts are transformed into playgrounds. Many offer bike riding or horse back riding, hiking, and even Euro-style bungee jumping. The entire atmosphere says, “Get up and move!” It’s a healthier way of living than in many other areas, so it’s very attractive to families, and even retired couples. Those who want to see green grass rather than concrete everywhere they look are perfect candidates forColoradohomes.

Overall, the summer is a wonderful time inColoradoto target individuals who are moving. The area offers up so much, from beautiful, spacious homes to immaculate communities and warm, welcoming people. Of course, there’s always the promise of winter and those fun winter sports in a few months as well!

Advising Your Colorado Clients on the Proper Kinds of Property Insurance

colorado forms real estate Advising Your Colorado Clients on the Proper Kinds of Property Insurance

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As a real estate agent in Colorado, it’s essential that you advise your clients on the proper kinds of property insurance. While property insurance is important all over the country,Colorado has some unique risks that those property owners should be aware of. By advising them the correct way, you can help them ensure that their investment is protected in the case of extreme conditions.

 

Homeowners 1 Policy

There are 8 types of Colorado homeowners insurance that homeowners can consider. Many homeowners have a Homeowners 1 policy (HO1), but many don’t know that it’s really not enough because it covers so little. When clients consider that it covers basic issues like fire and lightning, burglary, malicious mischief, most think this is enough. However, it doesn’t cover some of the serious conditions that may happen in Colorado.

 

Homeowners 2 and 3 Policies

The Homeowners 2 policy (HO2) will cover damages that occur to the home; usually the roof. This includes damage from frozen pipes and damage from weight on the roof from snow or ice. It also covers damage that may happen to appliances from electrical issues. The Homeowners 3 policy (HO3) will cover the home as well as the losses of objects inside the home and some bodily injuries. The HO2 policy also covers those things mentioned in the HO1 policy.

 

Homeowners 4 and 5 Policies

 The Homeowners 4 policy (HO4) isn’t typically something homeowners will need to worry about, because it is for apartment dwellers. However, the Homeowners 5 Policy (HO5) will cover everything that is covered in the HO3 policy as well as the physical loss of personal possessions. It does have some items that are not covered, so homeowners will need to read their policies thoroughly in order to determine specifically what is not covered.

 

Homeowner 6, 7 and 8 Policies

Homeowners don’t typically need to worry about the HO6 and HO7 policies, because these cover condominium units and losses for mobile home units. However, the HO8 policy is an important one because it covers certain things for homeowners that aren’t covered in the previously discussed policies. It covers the same items as the HO1 policy, but it provides cash coverage to homeowners rather than replacement cost coverage. This is most valuable in cases where the home is an older home, and it provides cash value after the depreciation is deducted.

 

By informing clients about Colorado home insurance, you can be sure they’re knowledgeable enough to determine what the best insurance for them is. It’s important to encourage them to research their options fully so they can choose the coverage that best suits their specific needs, but talking about the differences as well as the benefits is a wise choice Colorado real estate agents can make for their clients. Its always best to consult with an insurance professional and make sure they are advising rather than yourself.

Great Colorado Spring Season Skiing Has Brought Out the Purchasers

colorado real estate Great Colorado Spring Season Skiing Has Brought Out the Purchasers

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Great Colorado Spring Season Skiing Has Brought Out the Purchasers

Individuals who love winter sports, especially skiing, have come out in droves to purchase great Colorado Springs real estate. This allows them to be closer to the ski resorts, therefore saving money and enjoying the ability to visit more often. The 2012 spring skiing season has been a wonderful one, tempting ski lovers even more.

Ski Resorts Near Colorado Springs

There are numerous ski resorts forColorado Springs residents to choose from, and each one has their own unique features and draws. The Arapahoe Basin Ski and Snowboard Area, established in 1946, offers a summit elevation of 13,050 feet as well as over one hundred carved trails sure to please. The Eldora Mountain Resort is another crowd pleaser, with top elevation at 10,800 feet and 680 acres of “skiable terrain.” They also offer the difficult double black diamond trail, Corona Bowl.  This is just a few of many, many wonderful ski options near Colorado Springs.

Colorado Springs Average Home Prices

Another important factor that has added to the increase of home purchases inColorado Springs is that there’s a home for every budget. For instance, in Northwest Colorado Springs, the average home price is about $268,850 while theNortheast Colorado Springs area boasts an average home price of about $206,463. Those looking for a more affordable home have taken advantage of Eastside Colorado Springs’ home price average, which is about $173,775. The average is even lower in Central and Downtown Colorado Springs, at about $141,448.

Snapping Up the Homes Quickly

Statistics show that individuals are purchasing homes more quickly this year than last, and a lot of that could potentially be due to the great ski season. For instance, in Eastside Colorado Springs in February, homes stayed on the market an average of just 118 days. In the Central and Downtown area, the average was just 92 days on the market and in the Northeast are, just 91 days. The lowest average is for Northwest Colorado Springs, where the average number of days a home has been on the market is just 55.

Benefits of Purchasing Colorado Springs Real Estate

Within 100 miles in nearly every direction, there is a plethora of ski resorts and areas to choose from. Avid skiers have the ability to drive to a ski resort in just over an hour, so there’s no need to purchase a nearby hotel room or plan an all-day drive. This also allows those ski fans to visit the resort of their choice more often, so they can get in all the ski or snowboarding time they want. Living near a number of ski resorts allows individuals to save a lot of time, a lot of money, and certainly enjoy themselves a lot more often.

Those who love outdoor winter sports like skiing and snowboarding should considerColorado Springs as a great place to purchase real estate. Numerous benefits as well as beautiful homes combines to create the perfect home for the winter outdoor enthusiast.

Spell Check your DORA CREC Contracts

We love our users in Colorado and we do our best to please them.  Since our launch about a year ago we have added multiple features to our product, most of them at the request of our users.  One feature we did not expect to add was spell checking. We prefer modern browsers such as Chrome, Firefox and Safari, which include spell check. However, we did see the value in spell checking an entire DORA contract at one time as opposed to just one field or tab as the browsers currently do.  More importantly Colorado Real Estate Agents were begging us for this feature and most of our users prefer Internet Explorer by an overwhelming amount.

Browser OS Google Analytics 1 Spell Check your DORA CREC Contracts

As we continue in our quest to become the default DORA Contract generator for Colorado Real Estate Professionals we have added the ability to spell check your entire contract by clicking on one button.

Spell Check Feature Walkthrough

You may have noticed there is a new button available in the toolbar, illustrated below:

Spell Check Button Spell Check your DORA CREC Contracts

Clicking on this button from within a contract will bring up the spell check and will check the entire contract.   A window will pop up and the interaction should feel similar to what you are used to with your word processors.

Spell Check 1 Spell Check your DORA CREC Contracts

If there are any misspellings in your contract, it will appear in the top window, along with suggestions for the misspelled word in the bottom box.  If you would like to change the word, click on the change button.  You will then be taken to the next misspelled word in your contract, if there are any.

Once the spell check is completed you are presented with a summary of the changes made:

Spell Check 2 Spell Check your DORA CREC Contracts

Hopefully you enjoy this new feature.  As always, please let us know if you have any other questions or concerns.

Thank you,

BULL Forms Support

Benefits of Listing Your Colorado Vacation Home in the Winter

house Benefits of Listing Your Colorado Vacation Home in the WinterWhile it’s true that there are fewer buyers during the winter in Colorado, listing a vacation home in the winter has its unique benefits. If you’re considering selling your Colorado vacation home, it’s important to understand the benefits of listing your home during the winter as opposed to the spring or summer. Knowing these benefits can help you sell your home successfully and potentially sell it faster.

Colorado Winter Sports
Individuals who are searching for a vacation home in Colorado are most likely looking to take advantage of the winter sports in the area, as well as the stunning winter beauty. From skiing to ice climbing, adrenaline junkies often look for beautiful homes that they can live in while they visit some of Colorado’s most promising winter sports locations. Even if your home is a little distance away from these locations, most individuals don’t mind because they’ll save a lot of money. Colorado vacation homes very near those popular ski locations or other winter sports locations can be very pricey. If a buyer can find a beautiful home that is thousands of dollars cheaper and 100 miles further from their favorite winter sports spot, chances are they’re going to take advantage of it.

Less Competition
Because there are fewer buyers, there are also fewer sellers during the winter in Colorado. You can take advantage of that because you’ll have less competition when you list your home for sale. Then, the individuals who are specifically looking for a Colorado vacation home are far more likely to actually view your listing and check out the benefits and features of your home than they might normally be.

Décor Advantage
Many people wait until spring or summer to sell their vacation homes, because they can deck it out with blossoming flowers and outdoor beauty. However, those who are selling a Colorado vacation home in the winter can do the same thing with holiday décor. Rather than fresh flowers in vases on the inside, try scented candles, potted fir trees, and glistening ornaments. While it may not appeal to every potential buyer, you’ll strike the same chord with those who would be impressed with spring and summer flowers.

Serious Buyers
Individuals who are willing to go out into the snow, brave the cold and show up for a house showing are not only interested buyers, they are serious buyers. The chances of them simply wanting to “browse” your home without intentions of purchasing are very slim. In addition to that, because there is less competition for those home buyers, you can potentially get a better price for your house than you would be able to in the spring or summer. This, combined with the fact that you’re dealing with serious buyers, is a wonderful reason to list your Colorado vacation home in the winter.

Overall, while most individuals consider the spring or summer the best time to list a home for sale, Colorado vacation homes can sell quickly and for a higher price during the winter.

8 Reasons Why You Should Use a Real Estate Professional in Colorado When Selling Your Home

colorado realtor 8 Reasons Why You Should Use a Real Estate Professional in Colorado When Selling Your HomeBefore selling your Colorado home, you should really consider utilizing the services of a real estate professional. While selling your home is something you can certainly do on your own, there are some unique advantages in enlisting the help of a qualified real estate agent.

1. An Agent Can Be the Middle Man
One of the biggest benefits of hiring a real estate agent is that they deal with potential home buyers so you don’t have to. This includes everything from the initial call to accepting offers and closing the deal.

2. Outlining the Benefits
Your real estate professional can look at your Colorado home with a neutral stance and determine the best benefits, or unique attributes that will appeal to buyers. Those can then be advertised to draw in the largest number of interested individuals.

3. A Professional Knows What the Market is Looking for
Whether you’re selling a home in Colorado Springs, Beaver Creek, Glenwood Springs or somewhere else, your real estate professional knows what your target market is looking for. He or she can use that information to better advertise and market your home.

4. Creating a Price
One of the hardest parts of selling a Colorado home is determining the price to sell it for. A qualified real estate agent can help you set a price that is fair to you, and a value to potential homebuyers. They know the market and the trends in the area and can use that knowledge to determine a great asking price.

5. Showing Your Home
Your real estate professional can be in charge of showing your home when potential homebuyers want to see it, so you don’t have to take time out of your busy schedule to do it. This is very important if you’re moving out of the area before your home is sold. The agent can also lockbox the home so it’s protected when it’s not being shown.

6. Aesthetics
Another important role of a real estate professional is to help you in preparing the home to be seen. This includes staging the home or removing personal items, advising you on how the home should be cleaned or freshened up, and ensuring that it has great curb appeal.

7. Marketing
Your agent will know how to market the home in the best way for the surrounding Colorado area. This will help ensure that you get offers faster and that the home reaches a wider group of potential homeowners.

8. Negotiating
Finally, your Colorado real estate professional can negotiate with potential buyers to ensure that you get a great price and the buyers are happy with the value they’ve received. This might include accepting or rejecting offers, creating counter offers, reviewing contracts and more.
Having a real estate professional is essential when selling a Colorado home. They can help sell the home faster for a fair price and take a lot of the burden and responsibility off your shoulders.

Sharing Seller’s Property Disclosure

As a Colorado real estate professional you are aware that your seller’s must complete the property disclosures for their property. The current workflow typically entails emailing your clients the property disclosure and then waiting for them to complete it (many times with multiple revisions), sign and date the form and then send it back to you via fax or email.  In addition to degrading the quality of your document due to multiple transmissions back and forth, you are wasting precious time waiting for your customer to fax or email the property disclosure back to you.

Our goal at BULL Forms has always been to make your jobs easier. Completing the DORA Seller’s Property Disclosure should not require hours of work.  Great news, we just launched a new feature… Share

Sharing a CREC Contract

Once you are ready to share a form, click on the share icon from within your form, outlined in red below:

BULL Forms Colorado Control Panel Sharing Sellers Property Disclosure

Once clicked, a window will open requesting that you enter the information on the parties that you would like to share the document with.

Send for Completion Sharing Sellers Property Disclosure

You can send the email to multiple parties by entering a comma between each of the emails.  Also, you should enter some descriptive comments so that the parties you are sharing your document with are aware of what and why they are completing the form.

Once completed, the parties will receive an email like the one illustrated below:

Gmail Jonathan Spektor Info Request robert.bustamante@gmail.com  Sharing Sellers Property Disclosure

The link will expire after 7 days.  If the parties you shared the form with are having issues clicking on the email, instruct them to copy and paste the link into their web browser.  Once they have clicked on the link they will be taken to the Division of Real Estate contract you chose to share with them.  It should look familiar to you as it is similar to our classic view.

Once they have completed entering their information they will click on the submit button, as pictured below:

BULL Forms Sharing Screen 1 Sharing Sellers Property Disclosure

Once your clients click on the submit button, you will receive an email informing you that the parties have completed the form you requested.  The email is sent to the account you have registered with BULL Forms Colorado and looks like the image below:

Form Completed Sharing Sellers Property Disclosure

When you log back into your account the form will have all of the information your parties entered into the document.  You can now send this document to them for e-signature.

The sharing feature is available for all of the forms, therefore, you can share a contract with an attorney if they would like to review a contract or with any other interested parties.

Thank you,

BULL Forms Team

Auto Insert N/A into Colorado Real Estate Contracts

Here at BULL Forms we are constantly striving to offer the best real estate contract software to all of our users.  We include e-signatures and unlimited file storage at no additional cost.  We are constantly adding features and improving our product based on feedback provided by our users.  We love feedback!

All too often we write a new blog post and it starts off with, “based on customer requests we have added a new feature”, but here we are again…  Our customers were frequently requesting a way to insert N/A into all of the empty fields in a Colorado real estate contract. We have added this functionality and you can activate the feature in under 4 clicks.

How to Enable Auto N/A in DORA Contracts

First step, click on dashboard near the top right of the screen
to enter your dashboard area.

Dashboard Auto Insert N/A into Colorado Real Estate Contracts

Once your dashboard is loaded up.  Click on the personalize tab:
preferences tab Auto Insert N/A into Colorado Real Estate Contracts
Scroll down to the bottom of the tab.  Under the autofill N/A section click on autofill N/A on and then click on the green update button:
click here Auto Insert N/A into Colorado Real Estate Contracts
As promised, 4 clicks and you have no enabled auto N/A insertion into all of the empty fields in your CREC form.  Now every time that you generate a form, all of the empty fields will have an N/A inserted by default.  We feel like we know the next question you are going to ask.  ”I don’t want N/A in all of the fields, just most, how do I remove the N/A from one field?”
Great question, to have a field show up as blank, simply enter 1 space into the field you do not want anything printed in.  Please ensure you are only entering 1 space, if you enter 2 spaces N/A will print in the field.
Thank you for your continued support!
BULL Forms

Rental Income from Colorado Real Estate

Renting out your Colorado real estate can result in a steady, monthly stream of income. The great thing about renting out properties is that the income doesn’t end with a sale, but rather is continual for many years if you choose. There are some tips to follow if you plan to rent out your Colorado real estate.

Look for Top Tenants Only

You should spend a little time and perhaps a little money to make sure your tenants are top-notch. This will result in regular rent and fewer problems than if you simply rent to the first person who calls your number. Ask for references for the past several years and actually call those references to determine the potential tenant’s rental history and whether they’ve had any issues with previous landlords. Anything that might raise a “red flag” should be looked at more in-depth, and if red flags are raised, it’s probably time to move on to another potential tenant.  There are several companies that will perform in-depth background checks that include criminal backgrounds and credit checks.

Market Well

You’ll want to market the property well, both in the newspaper and online. Craigslist is a great option for you, as many people check there when trying to find a place to rent. Search Craigslist in your area to see if there are a good amount of listings in the area.  If there are not it is possible that most rentals are in the MLS.  It might be beneficial to contact a real estate professional to inquire about listing your property for rent. If you do list your property online, make sure you create an eye-catching headline that offers up a few benefits about the property. For instance, if it’s across the street from an elementary school or a park, use that in your headline. “3-bdrm 2-bath home across from park, new appliances – $700 monthly” is a great way to incorporate those benefits into the headline. This will draw the eye of potential tenants who have smaller children and want a nice place to live.

Make Your Expectations Known

During the process of selecting a tenant, it’s important to make your expectations known. For instance, if you want the rent paid on a certain day of the month, let your tenant know that and warn them that if the rent is not paid that day, there will be a late fee that they must also pay. If you want the lawn maintained, make sure they know it’s their responsibility and suggest a schedule that they use to maintain the lawn. It’s best to have these things drawn up in your contract so that there’s no confusion and the tenant knows exactly what is expected of him or her.

Know the Law

Finally, if you plan on renting out your Colorado real estate properties, make sure you’re familiar with the tenant/landlord laws in the state and county your property is in. This way, when you run into any situation, you will know precisely how to act so that you’re in compliance with the law.  If you are not familiar with the tenant / landlord laws it is probably best if you contact a real estate agent that is.

This is a great investment opportunity and can be a great monthly income stream. As long as you research beforehand and know your rights and the law, you can make your Colorado properties into lucrative investments.