Lot C-22 | Prospect at Mount Crested Butte

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

Listed By:

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

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.

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.”

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.

324 Whiterock Avenue

Arguably the best trees and landscaping around, this in-town sanctuary is conveniently located on the free skier shuttle route, 2 blocks from Elk Avenue dining, shopping and fun. 324 Whiterock was built by Norton Designworks in 2000. Featuring a flexible floor plan, this property will accommodate year-round family living or week long ski trip visits! Enjoy protected views of Mt. Crested Butte from the front porch and Gibson’s Ridge from the upstairs deck, great southern light in the bedrooms and living areas and the incredible landscaping and mature trees of this in-town sanctuary. The 1342 sft unfinished basement currently serves as an office, laundry and storage but will easily convert to a great theatre/media room or additional spaces for guests. The 2-bedroom accessory dwelling earns a handsome monthly income and the main house performs very well as a vacation rental. (110 rental days in 2009) Furnishings are negotiable!

Click Here to see more of 324 Whiterock Avenue!

Listed By:

Channing Boucher
970.596.3228 cell
970.349.6653 office
970.249.6653 toll free
channing.boucher@sothebysrealty.com

Snowing in Crested Butte

It is dumping in Crested Butte, with more on the way.  We could easily end up with over 2 feet of snow by Sunday, so now is the BEST time to get out here to Crested Butte and get some skiing in.  This weekend on the mountain, it will be near impossible not to find powder stashes everywhere you turn. 

If you are thinking you could get used to this kind of lifestyle why not check out the premier ski in/ski out home in the valley, that is 105 Bear Scratch.  Not only is this home located on the slopes, but it also has an indoor swimming pool and an indoor putting green.  Check out more photos and details at 105BearScratch.com.

105 Bear Scratch

113 White Stallion Circle | Living Room

 113 White Stallion at Buckhorn Ranch in Crested Butte Colorado!

Gorgeous, well-appointed and located just 10 minutes to the world class skiing in Mt Crested Butte! Built by local builder Fran Guy, this 2200 sft. custom ranch style home is suited for year-round living or second home vacationing!  Enjoy a flexible floor plan wrapped in high end finishes from floor to ceiling. 

Great Colorado light fills the living spaces and the mountain views from every window are stunning to say the least.  The attention to detail is evident throughout this beautiful home – from the glass tile in the bathrooms to the beautiful beam work above to the stylish iron work up the stairs and in the halls. 

You will enjoy the quality of this property from season to season and you will take advantage of the perfect setting at Buckhorn Ranch – 5 minutes to the Town of Crested Butte and out the back door to National Forest trails. The oversized 1-car garage will accommodate all the toys and the cool outdoor patio and hot tub compliment this complete Crested Butte home!

Details:
2200 sft
630 sft garage
3 bedrooms
3.5 bathrooms
Air-lock entry
In-floor radiant heat
Custom rock fireplace
Outdoor Hot Tub
Private, fenced outdoor patio
Covered porches
Thermal, low-E windows
Bosch washer/dryer
Custom kitchen cabinetry
Stainless steel kitchen
appliances and range hood
 

Click Here to see more of 113 White Stallion!  

 Listed By: 

Channing Boucher
970.596.3228 cell
970.349.6653 office
970.249.6653 toll free
channing.boucher@sothebysrealty.com

18 Fox Place, Unit A $339,000

117 Teocalli Drive $449,000

 Check out the amenities provided to every owner in CB South!!

1. Bus Stop/Mail box building with over 120 Mail Boxes, and room for many more (No need to drive to Town to get your mail!)
2. P.O.A. Building, office and meeting area
3. Community room with kitchen (in Fire Station Building), Great for Birthday parties and larger gatherings!
4. Warming house/changing room by ice rink (heated all winter long)
5. Trout Fishing pond (across the street from the P.O.A. Office)
6. Tennis court – fully fenced
7. Playground – just updated with over $27,000 worth of equipment
8. Large outdoor climbing rock in playground area
9. NHL Size Ice Rink (lighted)
10. Two Curling sheets (lighted)
11. A skating pond (lighted)
12. Park area – large mowed areas with trees and benches and picnic tables
13. Fully-fenced baseball/softball field
14. Outdoor Basketball court
15. Bicycle pump track
16. Community bicycles – free to use!
17. Nordic Trails – over 5 miles of trails, groomed almost daily (while there is snow!)
18. Pedestrian path along Teocalli
19. A Great Annual Picnic
20. Annual Clean Up Day (Dumpsters provided for residents)
21. Free “bags of weeds” pick up day(s)
22. Website access to list places for rent, property and homes for sale, and to access our message board
23. Access to invitations to special CB South events such as farmer’s markets, music festivals, community yard sales, etc.
24. Use of our 3 horseshoe pits (to be lighted in 2010)

The Alley Loop Start

The annual Crested Butte Nordic ski race, The Alley Loop, is going to be held tomorrow with starts and finished in the heart of Crested Butte.  It will be a great event to go see if you haven’t ever seen it before.  As always with being in Crested Butte, you know there will be some people in wacky costumes.