Archives for August 2014

Home for Sale in Englewood 80113 4 Bed 3 Bath

The Storck Team is pleased to offer 4340 South Sherman Street of Englewood!  Beautiful New Construction!  This gorgeous home is remastered and custom from the ground up including the granite, plank flooring, custom cabinetry and designer finishes throughout.  Promising to be maintenance free for many years to come; this beauty boasts brand new plumbing and electrical throughout along with new roof, furnace, and stainless appliances.  You really must come see this one in person!

For the most current listings in the Englewood area please click here.  Call Tatyana Sturm with The Storck Team at (720) 350-5909 for more information or to schedule your private showing.

10 Best-Kept Secrets for Selling Your Home

Selling your home can be one of the single most important things that you do, and getting it right the first time is a must.  Make sure that you have a knowledgeable and trustworthy real estate agent like The Storck Team, we can help you with these tricks of the trade to help you get top dollar when selling your home.  

Selling Secret #10: Pricing it right
Find out what your home is worth, then shave 15 to 20 percent off the price. You’ll be stampeded by buyers with multiple bids — even in the worst markets — and they’ll bid up the price over what it’s worth. It takes real courage and most sellers just don’t want to risk it, but it’s the single best strategy to sell a home in today’s market.

Selling Secret #9: Half-empty closets
Storage is something every buyer is looking for and can never have enough of. Take half the stuff out of your closets then neatly organize what’s left in there. Buyers will snoop, so be sure to keep all your closets and cabinets clean and tidy.

Selling Secret #8: Light it up
Maximize the light in your home. After location, good light is the one thing that every buyer cites that they want in a home. Take down the drapes, clean the windows, change the lampshades, increase the wattage of your light bulbs and cut the bushes outside to let in sunshine. Do what you have to do make your house bright and cheery – it will make it more sellable.

Selling Secret #7: Play the agent field
A secret sale killer is hiring the wrong broker. Make sure you have a broker who is totally informed. They must constantly monitor the multiple listing service (MLS), know what properties are going on the market and know the comps in your neighborhood. Find a broker who embraces technology – a tech-savvy one has many tools to get your house sold.

Selling Secret #6: Conceal the critters
You might think a cuddly dog would warm the hearts of potential buyers, but you’d be wrong. Not everybody is a dog- or cat-lover. Buyers don’t want to walk in your home and see a bowl full of dog food, smell the kitty litter box or have tufts of pet hair stuck to their clothes. It will give buyers the impression that your house is not clean. If you’re planning an open house, send the critters to a pet hotel for the day.

Selling Secret #5: Don’t over-upgrade
Quick fixes before selling always pay off. Mammoth makeovers, not so much. You probably won’t get your money back if you do a huge improvement project before you put your house on the market. Instead, do updates that will pay off and get you top dollar. Get a new fresh coat of paint on the walls. Clean the curtains or go buy some inexpensive new ones. Replace door handles, cabinet hardware, make sure closet doors are on track, fix leaky faucets and clean the grout.

Selling Secret #4: Take the home out of your house
One of the most important things to do when selling your house is to de-personalize it. The more personal stuff in your house, the less potential buyers can imagine themselves living there. Get rid of a third of your stuff – put it in storage. This includes family photos, memorabilia collections and personal keepsakes. Consider hiring a home stager to maximize the full potential of your home. Staging simply means arranging your furniture to best showcase the floor plan and maximize the use of space.

Selling Secret #3: The kitchen comes first
You’re not actually selling your house, you’re selling your kitchen – that’s how important it is. The benefits of remodeling your kitchen are endless, and the best part of it is that you’ll probably get 85% of your money back. It may be a few thousand dollars to replace countertops where a buyer may knock $10,000 off the asking price if your kitchen looks dated. The fastest, most inexpensive kitchen updates include painting and new cabinet hardware. Use a neutral-color paint so you can present buyers with a blank canvas where they can start envisioning their own style. If you have a little money to spend, buy one fancy stainless steel appliance. Why one? Because when people see one high-end appliance they think all the rest are expensive too and it updates the kitchen.

Selling Secret #2: Always be ready to show
Your house needs to be “show-ready” at all times – you never know when your buyer is going to walk through the door. You have to be available whenever they want to come see the place and it has to be in tip-top shape. Don’t leave dishes in the sink, keep the dishwasher cleaned out, the bathrooms sparkling and make sure there are no dust bunnies in the corners. It’s a little inconvenient, but it will get your house sold.

Selling Secret #1: The first impression is the only impression
No matter how good the interior of your home looks, buyers have already judged your home before they walk through the door. You never have a second chance to make a first impression. It’s important to make people feel warm, welcome and safe as they approach the house. Spruce up your home’s exterior with inexpensive shrubs and brightly colored flowers. You can typically get a 100-percent return on the money you put into your home’s curb appeal. Entryways are also important. You use it as a utility space for your coat and keys. But, when you’re selling, make it welcoming by putting in a small bench, a vase of fresh-cut flowers or even some cookies.

4 Bed 3 Bath Home for Sale Denver 80229!!!

Tatyana Sturm


The Storck Team is please to bring 8311 Ogden St of Denver to the market!  This 4 bedroom, 3 bathroom home has been completely remodeled and is complete with updated kitchen and bathrooms along with the finished basement.  You really must come see this one in person.  Call Tatyana Sturm with The Storck Team for more information or to schedule your private showings at (720) 350-5909.

For more homes for sale in Denver like this one click HERE.


Common Home Buying Myths

With housing prices on the rise and mortgage rates set to drop after the recent announcement that the Fed will continue its bond-buying program, you may be thinking it’s the right time to buy a home. But given that this is the single biggest purchase most people will make, you want to get it right. Otherwise, you could end up owning a home that you can’t really afford, don’t really like, or simply isn’t practical for your lifestyle. Here are some home buying myths that can lead to big mistakes:

1) A 30-year fixed mortgage is always the best deal.

That could be true if you keep the home for that long but if you only intend to keep the home for 5-7 years, a fixed rate for 7 years could be more appropriate.. The longer you fix the rate, the higher your interest rate will be so you could be paying a higher rate for nothing.

2) Always choose the mortgage lender with the lowest interest rate.

As with any purchase, cost is always a factor but differences in fees may matter more. In addition, mortgage lenders aren’t just a commodity. In a competitive buying market like many housing markets are seeing right now, the reliability of your lender could mean the difference between getting your dream home and losing to another offer so you’ll want a lender with a good reputation. You’ll also want someone who can work well with your real estate agent so ask your agent for referrals.

3) You can afford a mortgage payment as long as total debt payments are less than 36% of your income.

That 36% rule may be what the lenders use but only you know what you can really afford. Your best bet is to track your actual spending and then see how much more you can really afford to pay towards a home. You should be saving at least that much towards your down payment to see if you can really do without that income.  Some financial institutions are beginning to offer budgeting tools that help track your expenses and break down where all of your money goes every month.  There are other scenarios that a lender couldn’t possibly know about without you telling them like paying day care on a monthly basis for small children.  Nothing is ever black and white when you are budgeting for your new home. 

4) You need a 20% down payment.

While putting down 20% is ideal, not everyone can realistically afford that. You can get away with a smaller down payment in exchange for paying PMI (private mortgage insurance) until you have enough equity in the home to have it removed—usually 20%. FHA and VA programs require down payments as low as 3.5% and 0% respectively if you and the property qualify.  A few lenders have even started offering piggy-back loans again in which borrowers with strong credit and low debt-to-income ratios can get a second loan (albeit at a higher interest rate) to cover part of the down payment.  

5) All you need upfront is the down payment.

The down payment is just the beginning. Closing costs can be another 2-5% of your home’s purchase price. How about any repairs, improvements or furnishings you’d like to add to your new home. Most importantly, you should keep enough in emergency cash reserves to cover at least 3-6 months of necessary expenses, including your new mortgage payment.

6) You need to save for your full down payment.

Again, while this would be ideal, it may not be feasible for everyone. There are a host of government and some private programs that offer assistance, primarily for first-time home buyers but not always, with low to moderate income such as CHFA or NHF Platinum Plus. You can also see if you can borrow from family members. As long as you pay them a competitive interest rate, it wouldn’t be a taxable gift. If they do gift the money, each person can give up to $14k per year to you without having to file a gift tax return.

You may be able to take a loan from your employer’s retirement plan, perhaps for a longer repayment period for a home purchase, but you’ll lose potential earnings on the money you borrow. You can also withdraw up to $10k during your lifetime from an IRA for a home purchase without penalty as long as you haven’t owned a home in the last 2 years. If you meet the 2 year requirement and it’s a Roth IRA that you’ve had for at least 5 years, up to $10k of the Roth earnings can be withdrawn tax and penalty-free (contributions can always be withdrawn tax and penalty free for any purpose). Just remember that the $10k is a lifetime total from all IRAs. Finally, you may be able to take a hardship withdrawal from your employer’s retirement plan but you it would be subject to taxes plus a 10% penalty if you’re under age 59 1/2, you can’t repay the withdrawal, and you may not be able to contribute to your retirement plan for a period of time.

7) The only additional ongoing cost will be PITI (principal, interest, taxes, and insurance).

Don’t forget any applicable homeowner’s association (HOA) fees, which can easily run several hundred dollars a month. Your utilities may also be higher if you’re moving into a larger place. Plus, there are all those other routine expenses, such as water, sewer, and trash, and maintenance costs that your landlord used to pickup. Be sure to leave enough room in your budget for all these incidental costs when figuring out how much of a mortgage payment you can afford.

Whether it’s by causing you to buy too much, too soon, or too late, these myths can cost you dearly in the home buying process. The good news is that by avoiding these myths and following these steps, you can purchase the right home at the right time. Just don’t make your home buying decision like this.

Denver FREE Days for September

Aaron Storck and Tatyana Sturm-Storck

Aaron Storck and Tatyana Sturm-Storck

Please enjoy these Denver FREE attractions in the month of September.  FREE admission, so take the family and enjoy.

Denver Art Museum – Saturday 9/6
Denver Museum of Nature and Science – Monday 9/8
Denver Children’s Museum – Tuesday 9/2 4-8 pm

Aaron: 720-273-7419
Exit Realty


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