Bring on the rain!  Yay for monsoon season!  It has been hot but at least now it rains just about every day for a hour or so…it cools off the town. 
As for real estate…we are busy here, not as many offers but buyers are still out there hunting for deals!  If you haven’t looked lately [...]

Dear Readers
  
Durango Real Estate is looking up again, as both the 1st quarter home sales statistics for 2010 and current sale pending numbers show.  
First, here is an excpert of the press release of the Durango Area Association of Real Estate on the 1st quarter real estate sales statistics (click here for the full article and [...]

AUCTION!
Can’t sell your property? How about trying an auction? We’ve had great success with online autions, where the seller can both have the house listed with a Realtor on the MLS and market an auction date to generate traffice and get the property sold (with a minimum reserve price). The hype of auctions offers a [...]

Real estate foreclosures are on the rise in Durango, just like the rest of the country. See Saturday’s Durango Herald Article, click here. There were 297 foreclosure actions in La Plata Country for 2009 and 45 through February. However, most foreclosed homes do not end up selling at auction. This can be a frustrating fact [...]

You have your future house under contract…next you get the home inspected.  You see the report and it reads in a language you don’t understand but all you can tell is it looks BAD!  Ahhhh…
Okay, first…Breathe.  It’s okay, relax…let’s review.
* Don’t worry when you read ….”appears serviceable”
What does that mean?   Sounds like “needs work” but actually [...]

Here is a story taken from Gary Keller’s book “Shift” – how top real estate agents tackle tough times. I felt this little blurb would be good to share with you.
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In a recent interview with a top agent in Massachusetts, I asked how things were going in his local area. “Our market is really a [...]

Blue Ribbon’s Weekly Market Update:
Busy Busy Busy…the holiday weekend last week was a little quiet but ever since we’ve come back to the office, it’s been double the work load!
We are here and ready for action.  Seems like the phones are ringing and buyers are looking.
* What has sold?

13 Homes have sold in Durango in [...]

As you might have guessed, foreclosures and bankowned homes are on the rise in Durango, see today’s Durango Herald article.
This is a sad development for the families and homeowners. If you know anyone in this predicament, please tell them there is a free legal service that can help avoid foreclosures in Colorado. 4 our of [...]

A couple of days ago the Durango Herald published an article on short sales and what to do if you need to sell but your home is worth less than what you owe on it. One option is something called a “short sale.”
And don’t let the name fool you. This type of sale is complicated [...]

  Buying a property at Foreclosure Auction
  A. Find a property you like
1)Look through Durango Herald public notices, published every Thursday. www.durangoherald.com 
2)Websites – like foreclosure.com and foreclosures.com, trulia.com, often not up to date or accurate, some have pictures
3)Best – check Durango Public Trustee’s website: http://ptforeclosures.laplata.co.us/index
  B.Research, Research, Research
1)Buying a foreclosure is risky business, doing proper [...]