Want to talk luxury living? Let’s talk about the Pinnacle building near downtown Denver.
The Pinnacle is a pair of residential high rises located at 2990 E. 17th Avenue, just south of City Park. The towers stand at 27 and 22 stories and are accompanied by a 7-story private parking garage and a row of 22 two-story parkhomes.
The condominiums are one, two and three bedroom, starting in the high $200,000’s to low $300,000’s. Think views, finishes and amenities! Penthouses are also available in the two towers. All of the different sized residences come with high ceilings and lots of natural light. The materials used throughout are hardwood floors and natural stones. Gas fireplaces give the residences that warm, cozy touch during our Colorado winters, and when you don’t want to venture out to one of the many surrounding restaurants, you can always cook in your gourmet kitchen. All units have either a private balcony, a terrace or a rooftop deck. Having an outdoor space in Colorado is key since we have over 300 days of sunshine.
The amenity list is almost too long for this blog. Here are the highlights. There is a door attendant to greet you and help with package delivery, full-time maintenance on staff and secure parking and car wash area. There is also a fitness center with weights, cardio equipment, sauna, spa and gender specific locker rooms, an outdoor pool, a year-round hot tub...
One perception of hiring a realtor is that they are expensive. Another thought, I can sell my house on my own, no problem. Realtors are professionals that will make sure your real estate transaction completed correctly, by law and with your best interest in mind. Denver realtors also have access to the most up-to-date real estate systems and references, and techniques to ensure a quick and streamlined process. Selling a house is much more than just putting a sign in your front yard, an ad in the local paper, and if you’re somewhat technologically savvy, putting it up on MLS.
One thing is for sure if you sell your house “by owner”, the buyer knows that you are saving money by not paying a realtor for their expertise and will most likely negotiate accordingly. You will be spending less money but also making less money too. Negotiations are a critical component of the real estate transaction, and you will want an un-emotional third party involved to communicate your needs and leverage the facts.
Why hire a Denver realtor? Who’s going to show your house? Do you realistically have enough time to do so? Do you know what is involved in the long contract process and with all of the different contingences involved with the sale? Overall, selling a home can be very stressful and time consuming, and it can be much easier if you have someone to work with. An established, experienced realtor.
Remember your credit score indicates your likeliness or willingness to pay and ultimately drives the cost of financing.
Here is how your credit score is calculated:
- Payment History = 35%
- Do you pay on time – the single most important factor
- Amount Owed = 30%
- Revolving accounts – Keep your credit accounts open and keep the balance below 30% of the credit limit.
These two factors account for 65% of your credit score.
- Length of Credit History = 15%
- Longer credit history is better
- How long have your accounts been open – Keep long established credit lines open. If you must close an account, close the youngest accounts first.
- How long since you last used them – Use your credit accounts once a quarter while keeping your balance less than 30% of the limit.
- New Credit = 10%
- Short Term Credit Accounts – Opening several credit accounts for short periods of time increases credit risk.
- Type of Credit in Use (Healthy Mix) = 10%
- 2 Installment loans
- 3 Revolving accounts with balances below 30% of the limit
- No Collections
- No Foreclosure
- No Late Payments
There are numerous credit scoring models and for the purposes of this article we will focus on the FICO score. Your FICO score is the score that banks look at when determining your credit worthiness for mortgage borrowing...
Sewer line inspections in the state of Colorado are important. Why you ask? The answer is because a homeowner is legally responsible for the maintenance of the sewer “lateral” (the sewer line) from their home to the sewer main at the center of the street. This is the case in any home or neighborhood. Everyone has their own. The biggest sewer line risk that you take if you don’t have the lateral inspection done before you buy a home is that it can be a very expensive repair once it’s too late.
If you are a first-time home buyer, your realtor should highly suggest that you ask for a sewer line inspection before purchasing. This type of inspection is usually not something buyers think about. We all get traditional home inspections, and sewer lines are a complete after thought, if it thought about at all. If the home you are looking to purchase is an older home, a sewer line inspection is truly one of the most important inspections to conduct.
Some underground sewer pipes are metal, some are clay. The problem with the later type is they are not sealed at the joints. Another type of material that was used in really older home was a tar paper called Orangeburg pipes. These pipes disintegrate and collapse over time. If your inspector finds Orangeburg, they absolutely must be replaced! One last, somewhat unique scenario on an older house might be that it was built prior to city sewers and relied on a cesspool. ...
Living in Curtis Park, between Lawrence and Welton, Downing and Park Avenue, is almost like living in a suburb in the city. It actually was Denver’s first “suburb”, and it is the city’s oldest surviving residential neighborhood. The area was developed back in the 1860s and has Denver’s first public park, now called Mestizo-Curtis Park, at 31st and Curtis.
When Curtis Park came to be, the neighborhood attracted the uber wealthy along with middle-class workers, which resulted in a mix of mansions next to small houses and duplexes. Curtis Park architecture ranges from Victorian, Queen Anne, Italianate, and Denver Square styles, among others.
Over the years, some Denverites found Capitol Hill and some of the other “park” neighborhoods to be more appealing than Curtis Park, and many of the original homes were converted to rentals. Eventually the neighborhood became one of the city’s poorest, and many of the best Curtis Park architecture homes were either neglected or completely boarded up.
The good news about current Curtis Park residents, and the residents before them, is that they care about their little neighborhood, and they care a lot. Owners are involved in design reviews for new construction, and they are constantly focusing...