2025 Short Term Rental Updates
Hello and Happy New Year! Silverthorne Owners: The county is going to be officially taking a wait list for new Short Term Rental Licenses in the Upper Blue and Lower Blue Basins (think Wildernest and Blue River). At this time it looks like they will be starting the wait list around the end of January […]
Vacation Homes, Primary Residences, Mixed Use Properties and 1031 Exchange Rules
Vacation Homes, Primary Residences, Mixed Use Properties and 1031 Exchange Rules A 1031 exchange, also known as a like-kind exchange, is a powerful tool for deferring capital gains taxes on the sale of investment real estate. Named after Section 1031 of the Internal Revenue Code, a 1031 exchange allows real estate investors to defer paying […]
Smart Tax Moves to Make Before 2024 Ends
As we reach the end of 2024, it’s the perfect time to optimize your finances and reduce your tax burden. Here are some key strategies to consider before the year ends: 1. Maximize Contributions to Retirement Account One of the simplest and most effective ways to reduce taxable income is through contributions to retirement accounts. […]
4 Pros and Cons of Ski-In, Ski-Out Properties You must Know Before Investing
In the Colorado high country, ski-in, ski-out properties are the epitome of convenience and luxury for winter sports enthusiasts. Imagine stepping out your door, clipping into your skis, and heading straight onto the slopes—no long walks, shuttle rides, hauling equipment or circling crowded lots hoping to find a parking spot. While this type of property […]
Why Home Inspections Are Necessary: A Summit County, Colorado Perspective
Home inspections are a crucial step in the real estate process, giving buyers and sellers peace of mind while ensuring transparency in a transaction. In Summit County, Colorado, home inspections take on added importance due to the unique characteristics of mountain properties. From snow loads on roofs to high-altitude wear and tear, here’s why a […]
Understanding Contingent Offers in Real Estate: A Guide for Summit County Buyers and Sellers
Navigating the real estate market in Summit County, Colorado, involves understanding various terms and conditions, one of which is the contingent offer. Whether you’re buying or selling property in areas like Silverthorne, Dillon, Keystone, Breckenridge, Frisco, or Copper Mountain, grasping the concept of a contingent offer can significantly impact your real estate experience. This guide […]
Difference Between Listing Price and Sale Price in Real Estate
Let’s chat about a topic that often confuses many in real estate: the difference between listing price and sale price. Knowing the distinction can give you a leg up whether you’re buying your dream home or selling your cozy nest. What’s the Listing Price? First things first, the listing price. This is the price a […]
Top 5 Mexican Restaurants in Summit County
When Cinco de Mayo rolls around, Summit County comes alive with the vibrant, festive flavors of Mexico. If you’re looking to celebrate with authentic dishes and a joyful atmosphere, Summit County locals have named the best Mexican restaurants to dine in. Each offers a unique taste of Mexico’s rich culinary heritage, right here in the […]
How to Set the Right Listing Price for Your Property
When it comes to selling your home, setting the right listing price can be the key to a successful sale. Price it too high, and your property might linger on the market. In this article, we’ll dive into the critical factors that influence how you should price your home, ensuring you strike the perfect balance […]
Simplifying Conforming Loan Limits
When securing a loan for a new home, commonly known as a mortgage, the amount you can borrow is constrained by certain factors. Your creditworthiness and the extent to which you can allocate funds monthly, as influenced by your debt-to-income ratio, play pivotal roles in determining this limit. Lenders adhere to guidelines set by the […]
