What is a home inspection?

The Barr Team First Time Homebuyer Info, Info for Home Buyers, Info on Real Estate Transactions Leave a Comment

In this video, Henry explains the ins and outs of a home inspection… Hi I am Henry Barr with the Barr Team at ReMax Properties of the Summit, here is Frisco Colorado and I have been asked ‘What is an Inspection?’  An inspection normally refers to the vendor that does the home inspection of the property.The inspection is one of …

Article – More Consumers Might Buy a Home If They Knew This

The Barr Team First Time Homebuyer Info, Info on Home Financing Leave a Comment

Please click the link to read an article that helps to clear up the misconception that a home buyer needs to have a large down payment (20%) to qualify for a home mortgage in the current market. Click here for Realtor Magazine article – ‘More Consumers Might Buy a Home If They Knew This’

Are appliances included when I buy a home in Summit County, Colorado?

The Barr Team First Time Homebuyer Info, Info for Home Buyers, Info for Home Sellers, Info on Real Estate Transactions Leave a Comment

In this video, Henry tells us what appliances are typically included when buying a home in Summit County, Colorado… Hi this is Henry Barr with The Barr Team at REMAX Properties of the Summit here is Frisco, Colorado.  I have been asked ‘Do appliances come with a property when buying here in Summit County?’.  The answer is normally ‘yes’ but it does …

Tenants in Common vs. Joint Tenancy

The Barr Team Info for Home Buyers, Info on Real Estate Transactions Leave a Comment

Here Henry explains the differences between Tenants in Common and Joint Tenancy in ways that you can hold title for a property… Hi this is Henry at Re/Max Properties of the Summit, The Barr Team here at Frisco Colorado. Rachel just asked me a quick question about “What is Joint Tenancy and What is Tenants in Common?” The quick and …

How long does it take to get a home loan?

The Barr Team First Time Homebuyer Info, Info for Home Buyers, Info on Home Financing, Info on Real Estate Transactions Leave a Comment

Here Henry explains how long it could take to get a home loan completed in the current market… Hi there, I am Henry Barr with the Barr Team in Frisco, Colorado at REMAX Properties of the Summit. Some people have asked “How long do loans take nowadays?”.  Well that is an interesting question.  They’re taking some where between 30 and …

What is an appraisal?

The Barr Team Info for Home Buyers, Info on Home Financing, Info on Real Estate Transactions Leave a Comment

In this video Henry answers our questions about appraisals… Hi this is Henry Barr here at The Barr Team with Re/Max Properties of the Summit here in Frisco, Colorado. Rachel just asked me “What is an Appraisal?” An appraisal is a report given to a lender describing the value of a property based on current market conditions. The appraiser usually has …

What are Home Owners Association Documents (HOA docs)? Is it important that I read them?

The Barr Team First Time Homebuyer Info, Info for Home Buyers, Info on Real Estate Transactions Leave a Comment

  Henry explains the importance of Home Owners Association documents in a real estate transaction in Summit County, Colorado… This is Henry Barr again here at Re/Max Properties of the Summit, The Barr Team here in Frisco Colorado. I get asked a lot of times about HOA (Home Owner’s Association) documents, what are they? Who gets to see them? And …

What is a survey and do I really need one? Survey vs. ILC?

The Barr Team Info for Home Buyers, Info on Real Estate Transactions Leave a Comment

  Watch the video where Henry tells you all about survey vs. ILC and why you should have a survey done before purchasing a single family home or vacant lot… Hi, I am Henry Barr at The Barr Team at Re/Max Properties of the Summit here in Frisco Colorado. I have been asked a couple of times about “What is a …

When does a home buyer need a Pre-qualification letter?

The Barr Team Info for Home Buyers, Info on Real Estate Transactions Leave a Comment

  Here Henry Barr explains when a pre-qual letter is needed and the difference between a pre-qual letter and a pre-approval letter… I’m Henry Barr at The Barr Team here at REMAX Properties of the Summit in Frisco Colorado. I just want to answer some questions that come up about a pre-qualification letter, or a pre-qual letter and a pre-approval …

Whose responsibility is it to maintain and snow plow various dirt roads in Summit County, CO?

The Barr Team About Summit County, Info for Home Buyers Leave a Comment

  In this video Henry informs us about the maintenance and snow plowing of dirt roads in Summit County, CO… I’m Henry Barr from The Barr Team at Re/Max Properties of the Summit in Frisco Colorado. Questions often come up on dirt roads in neighborhoods, that’s an interesting question since all roads are not paved here in the mountains, some …

When should a Buyer schedule a home inspection?

The Barr Team Info for Home Buyers, Info on Real Estate Transactions Leave a Comment

Henry Barr explains how soon after going under contract that a buyer should have a home inspection… Hi I am Henry Barr from the Barr Team here at Re/Max Properties of the Summit.  Questions come up from Buyers wanting to know how soon they should do their inspection once they’re under contract. I would say as soon as possible but within …

What is 2% Withholding in real estate transactions?

The Barr Team Info for Home Sellers, Info on Real Estate Transactions Leave a Comment

Henry Barr explains 2% Withholding Some people are asking about what a 2% withholding tax is…it’s really not a tax it’s just a 2% withholding of the full sales price for the title companies to keep so they can submit to the State Treasurer’s office at the end of the year to make sure that out of state owners who …

What is a Transfer Tax?

The Barr Team Info for Home Buyers, Info on Real Estate Transactions Leave a Comment

Henry Barr explains a few key points about transfer taxes… Some people have asked me about “What is a transfer tax?” We are starting to see more and more of the transfer taxes here in Summit County. They are normally put into place by municipalities or taxing entities that want to collect upon each sale that occurs every time the …

Mountain Market Update by Kate – Sept. 2016

Henry Barr Market Stats, Monthly Newsletters Leave a Comment

Real Estate Market Trends: In a nutshell, sales are flat (down -1.9%) and the average sold price is up +3.8%. Inventory is low and yet, the number of pending properties is soaring with 493 Summit County residential properties under contract right now. Of the 493 properties under contract, 23% are new construction. Click the link below to view the September …

Henry Barr – 2016 Real Estate Market in Summit County

The Barr Team Info for Home Buyers, Market Stats Leave a Comment

Here’s Henry chatting about the market in Summit County with it’s low inventory, high demand! Hi, this is Henry again.  Just want to update you a little bit on the summer market here. It’s been very active with many properties going under contract within days of being listed and at 98% of list price or higher and in some cases …

July Real Estate Market Update by Kate

Henry Barr Market Stats, Monthly Newsletters Leave a Comment

Hello and Happy Summer Selling Season!! We have entered the PEAK Real Estate Season of the year! If you’re considering Selling, NOW is the time! The market is busy and the Buyers are HERE! If you’re considering Buying, NOW is the time! Interest rates are still low and you historically have the best selection in the summer months! Contact our …

May Market Update by Henry E. Barr

Henry Barr Market Stats, Monthly Newsletters Leave a Comment

The local real estate market remains brisk, inventory remains low and interest remains high. The number of sales are about the same as last year for Summit County with some gains and losses by town (see the number of sales chart above). Properties are selling a little closer to their list price and they are selling faster this year as …