Neil Kearney MBA, CRS
Broker/Owner
Kearney Realty Co./ Metro Brokers
303.335.0446
If you are involved in a real estate transaction in the rural or mountain areas of Boulder County, the property most likely has a septic system and is not served by a municipal sewer system. When working well, these personal waste systems are mostly out of sight and out of mind. As toilets flush and sinks …
As I drive around in my market I tend to see homemade signs posted at major intersections with houses advertised as “Rent to Own”. In this post I’d like to layout a typical rent to own deal as well as show how the unscrupulous can take advantage of an unsuspecting buyer. First terminology; rent to …
Boulder County is located in a zone of high potential for elevated radon levels in the air. In real estate transactions radon almost is always an issue. It is almost always tested for and when the reading comes in at a level above 4.0 pCi/L (picocuries per liter) then the Buyer and Seller negotiate what …
Interest rates are near historical lows and in many cases buyers are locking in rates that start with a 4. This is unheard of and represents one of the great buying opportunities in modern times. I just received a quote today for a 30 year conventional loan (below $417,000) with no discount points for 4.875%. This rate …
The discussion of lead based paint comes up in every transaction that involves a house built before 1978. All sellers and landlords are required to disclose in writing the knowledge of any lead based paint hazards and provide results of any previous tests that they may have to any potential buyers or tenants. Lead based …
In order to close on the purchase of a home, a buyer must obtain a homeowners insurance policy. A few years ago a property insurance deadline was added to the buy/sell contract. This clause gives the buyer the right to shop around and make sure that an acceptable and reasonable homeowners policy is available for the house they …
Most of the buyer’s right now in the distressed markets across the country are either first time buyers or investors. Both of these categories recognize that this is a perfect opportunity in which to buy. But what about move-up buyer’s? Those who already own a home but are ready to purchase a larger home or …
1031 Exchange of Vacation Property The 1031 exchange is one of the greatest ways to grow real estate wealth. The 1031 is a fairly straight forward transaction used for “like kind” exchanges of property with the goal of deferring capital gain taxes. I have personally used the 1031 exchange to sell one property and …
The Real Estate Cycle I found this graphic on a power point slide I had put together a few years ago. Looking at it again, I firmly believe that we are in the “absorption” phase characterized by the arrow on the left side. Many of the symptoms of the bottom of the market have already …
What is the value of a home? The quick answer is what a Buyer will pay for it. Most people when they ask that question are looking for n exact value or at the very least a range. Traditionally people have called Realtors or appraisers to answer the question “how much is my house worth”. …
It is my job to help you accomplish your real estate goals with complete integrity, honesty and professionalism. My goal is to do such an amazing job for you that you feel compelled to refer your friends and family so that they can work with me too!
