Benson Realty Crested Butte433 Sixth Street | P.O. Box 210
Crested Butte, CO 81224
800.249.6653 Toll Free
970.349.6653 Local
info@bensonsothebysrealty.com

March, 2010

...now browsing by month

 

214 Sopris Avenue | Great Location

Wednesday, March 31st, 2010
214-sopris-avenue

214 Sopris Avenue

214 Sopris Avenue is located in the heart of Crested Butte.

214 Sopris Avenue| $1,620,000
5 Bed | 4 Full & 1 Half Bath | 2,875 SqFt | Crested Butte

Extraordinary furnished single family home located in the Town of Crested Butte. This bright, four bedroom, three and a half bath home takes advantage ofthe Colorado sunshine. Amenities include reclaimed wood floors, gourmet kitchen with Viking range/oven, Viking double wall oven, Viking microwave, Sub-Zero refrigerator and under counter double refrigerator, slab cambria counter-tops, gorgeous junior and master suites, and a 1-car detached garage with a 1bedroom apartment above. The attention to detail both inside and outside with amazing landscaping makes this a perfect place to call home.

kiley-flint

Kiley Flint

 

Listed by:

Kiley flint
970.275.2554
Kiley.Flint@SothebysRealty.com

Huge Price Reduction on 12 Garland Drive!!

Tuesday, March 30th, 2010

Price Reduced by $1,305,000!!  12 Garland Drive is now $2,995,000.  This is an amazing price for such a high quality custom home in Skyland overlooking Lake Grant.

12-garland-drive

12 Garland Drive | Living Room

12 Garland Drive | $2,995,000

4 Bed | 4 Full & 1 Half Bath | 5,288 SqFt | Crested Butte

The WOW factor of this fabulous home grabs you the second you see it. Rock boulders frame the base of the home landscaped with colorful perennials’, Aspens and Evergreen trees. The paved driveway is heated under the apron of the three car garage making winters a breeze. In the summer turn on the waterfall and sleep in peace to its mesmerizing sounds.Open the front door and the WOW factor continues with exquisite tile work inlayed with metal tiles,wrought iron and wood stair case to the main great room. From the gourmet kitchen serve your guests on the covered deck, granite counter or by the builtin barbeque area. Three master suites with the main master spanning views of Whetstone and the opposite side to Grant Lake and surrounding mountain ranges. Reclaimed antique oak floors grace the main living area with many custom features including iron work over the fireplace. A masterful floor planbuilt with the finest workmanship and style. And, don’t forget to dip in the outdoor hot tub overlooking the golf village and town.

Click here to View 12 Garland Drive

Listed By:

Cathy Benson
970.209.5015
Cathy.Benson@SothebysRealty.com

New Listing | 418 Ninth Street | $2,700,000

Tuesday, March 16th, 2010

Beautifully built larger home on the quiet sunny side of town that backs up to open space for amazing views and trail access.  Gourmet kitchen with double island, butler bar, fully equiped laundry room off the back mud room.  Main floor master suite, three bedrooms upstairs and an office with a deck.  Surround sound, security system, finished basement with private entrance and media room with wet bar.  One car attached heated garage with a three car detached garage, plus office with kitchenette.  Fully landscaped yard with sprinkler system.
megan-clark

Megan Clark

Listed By:

Megan Clark
970.209.3537 cell
970.349.6653 office
970.249.6653 toll free
megan.clark@sothebysrealty.com

New Listing | Lot C-22 Prospect | $1,050,000

Friday, March 5th, 2010
c-22-prospect-at-mount-crested-butte-1

Lot C-22 | Prospect at Mount Crested Butte

c-22-prospect-at-mount-crested-butte-2

Lot C-22 | Easy Ski Lift Access

 

Lot C-22 | Prospect at Mount Crested Butte

A classic Colorado setting. Be part of the premier and distinguished ski-in/ski-out community, Prospect at Mount Crested Butte. This 1.61 acre parcel is truly one of the most exclusive ski-in/ski-out locations in all of Prospect. The building envelope has been moved and approved creating maximum separation from neighbors and uncompromised views of the East River valley. The lot and new building envelope are clearly marked with snow poles.

kiley-flint

Kiley Flint

Listed By:

Kiley Flint
970.275.2554 cell
970.349.6653 office
970.249.6653 toll free
kiley.flint@sothebysrealty.com

First Time Home Buyer Tax Credit program ends April 30th

Friday, March 5th, 2010

Back in the fall, Congress voted to extend and expand the First-Time Home Buyer Tax Credit program.  The expiration date of the up-to-$8,000 tax credit has been pushed forward to spring, requiring homebuyers to be under contract for a home no later than April 30, 2010, and to be closed no later than June 30, 2010.

In addition, “move-up” buyers were also added to the program’s eligibility list meaning you don’t have to be a first-time home buyer to be eligible for the tax credit.  If you’ve lived in your home for 5 of the last 8 years, you meet the IRS requirements.  Move-up buyers are capped at a total tax credit of $6,500.

The tax credit’s basic eligibility requirements are:

  • You can’t purchase the home from a parent, spouse, or child
  • You can’t purchase the home from an entity in which they’re a majority owner
  • You can’t acquire the home by gift or inheritance
  • All parties to the purchase must meet eligibility requirements

The new law includes some notable updates, however.

First, the subject property’s sales price may not exceed $800,000. Homes sold for more than $800,000 are ineligible.  And, also, household income thresholds have been raised to $125,000 for single-filers and $225,500 for joint-filers.

And lastly, don’t forget that the program is a true tax credit — not a deduction.  This means that a tax filer who’s eligible for the full $8,00 credit and whose “normal” tax liability totals $5,000 would receive a $3,000 refund from the U.S. Treasury at tax time.

The complete list of qualifying criteria is posted on the IRS website.

Best in Category for Real Estate Franchisee Satisfaction Award

Wednesday, March 3rd, 2010

We are proud to  announce that the Sotheby’s International Realty brand won Franchise Business Review’s Best in Category for Real Estate Franchisee Satisfaction award for the third year in a row.

 The Best in Category award measures franchisee satisfaction with their franchisors and is part of the 5th annual Franchisee Satisfaction Awards presented by Franchise Business Review.  Sotheby’s International Realty Affiliates LLC also was ranked third overall among all franchise categories with more than 200 locations.  This is the third year that the Sotheby’s International Realty brand was rated in the top 10 of all award categories.

 “We are so honored to receive this recognition for the third year in a row,” said Michael R. Good, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “It demonstrates we are continuing to provide our franchisees with the support, tools and resources they need to excel.  The fact that this award is based on direct feedback makes it very significant for us and a true testament to the value we provide our members.”

 Franchise Business Review surveyed franchisees from more than 500 leading systems, representing more than 100,000 franchisees, for the 5th annual Franchisee Satisfaction Awards.  Franchises were evaluated in five areas: training and support, franchise system, franchisor/franchisee relations, financial opportunity and overall satisfaction.  Additionally, demographic and lifestyle questions gave a 360-degree view of the franchise ownership experience.  Franchise Business Review is a national franchise market research firm that performs independent surveys of franchisee satisfaction and franchise buyer experiences.  For a complete list of this year’s award winners, go to www.FBR50.com.

 “We have surveyed thousands of franchisees, representing almost all of the leading brands in the real estate sector,” said Eric Stites, president, Franchise Business Review.  “The Sotheby’s International Realty brand’s owner satisfaction is exceptionally high and a direct reflection of the unique business opportunity created by their team and parent company, Realogy Corporation.”

Myths about Short Sales

Monday, March 1st, 2010

With many properties either in the foreclosure process or sellers needing to sell their property for less than what they have owed on it, short sales could be the way to go right now if you have the time and patience.  You can sometimes get a property for below market value through the short sale process. If you are interested in short sales or foreclosures contact one of our experinced agents about finding short sale properties in the Crested Butte Area

Below are some of the myths that are being circulating about short sales. 

Seven Short Sale Myths

1)  Short Sales are impossible and never get approved.  FALSE

2)  Banks are NOT accepting Short Sales; They are waiting on a bailout.  FALSE

3)  You must be behind on your mortgage in order to negotiate a short sale.  FALSE

 4)  Buyers are not interested in short sales and avoid them.  FALSE (mostly)

 5)  Listing a home as a short sale is an embarrassment.  FALSE

 6)  The bank would rather foreclose than bother with a short sale.  FALSE  FALSE  FALSE!!

 7)  There is not enough time to negotiate a short sale before a foreclosure.  FALSE

Click here to read the full article by Pat Perrota along with the truth about each of the seven myths.