The Colorado Association of REALTORS® is pleased to report that HB 1022- Seller Financing of Real Property was signed last week.
This bill co-sponsored by Rep. Ray Scott (R-Grand Junction) and Sen. John Morse (D-Colorado Springs) will become law immediately. The new law, proposed by CAR, will now allow a seller up to three transactions in any twelve month period before they are required to be licensed as a mortgage loan originator. This expands seller’s ability to finance their own property. Formerly, state law permitted seller financing only if the property being conveyed serves as the seller’s residence. This could have significant potential benefits to small scale real estate investors and home builders. This bill passed unanimously in both chambers of the legislature. With daunting documentation required for even the most well qualified buyers these days HB 1022 adds more options to the Colorado home buyer’s  repertoire.  Here in Estes Park with the uniqueness of our rural mountain paradise this bill helps those properties that do not qualify for conventional financing.  For a more details click here

What is an Estes Park Snow Day?  Here it means that we have a foot of snow on the ground,  it’s still snowing and quite possibly the weatherman is going to be wrong, but we aren’t sure which way.  Last Wednesday was our first day of canceled school for the year.  You can check your calendars again, yes it was October.  I can never get my kids up in the morning, but at 7:30 am they were outside with me shoveling snow and for the rest of the day sledding and building forts.  Fortunately it stopped snowing that evening so we missed the 3 feet that was forecast.  Across the rest of the state it continued to snow that night and the next day with up to 2.5+ feet in some areas.

In Estes, we have our own little micro-climate.  We are completely surrounded by mountains and usually that works in our favor.  When big storms come through we almost always get less snow than the Front Range.  It was a regular work day for me so I headed to the office, later at the grocery store it was a social occasion I saw so many people I knew.  The snow didn’t keep most folks home.  There was school on Thursday, all the roads and paths were cleared.  The park department is so great usually the walking paths are cleared before the roads are.

walking path

I could have gone snowshoeing or hiking, but decided since it was so pleasant on Thursday I was going to take Haley for a run and we ended up at the dog park.  She loves the dog park and pulled me the last quarter mile.  When we got there she was so sad, there were no other dogs there. She really didn’t know what to do with no dogs to chase.

She loves the snow and dove into a snowbank on our way back.

snowbank

Mt. Olympus

Elk on 18 hole golf course

Well now as I write this almost a week later it was 60 degrees and breezy with beautiful blue skies. Other than the January winds there is not much that keeps us inside. Please visit us in the winter, you will be not be disappointed!

I am excited to announce my big news of the summer. I have moved to a new real estate agency right here in Estes Park. I am now working for First Colorado GMAC Real Estate at 523 Saint Vrain Lane in EP. We have 12 helpful, experienced, knowledgeable local real estate experts in this office. Whether it is Estes Park residential homes, condominiums, or commercial real estate you can be assured of a quality buying or selling experience as my commitment to my clients remains the same even though my location has changed. There are some great values in the summer inventory right now~cabins, single family homes or condos. Don’t hesitate to give me a call today!