Gateway Land & Development

Author Archives: Greg

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Fabulous Penthouse unit with open floor plan      Great westward views      Too many upgrades too list     Custom features throughout      Main level master, 2 bedrooms and loft upstairs      Large bathrooms      Custom wine cabinet, decks, best views in complex, vaulted ceiling in family room, Beautiful finishes      Professionally managed property with tons of amenities: Underground parking, storage/ski lockers, pool, fitness room, game room, bar, fire pits, gas grills, free shuttle to Beaver Creek, concierge.A must see.

 

911 search dog

Bretagne Tribute Video

The last known living 9/11 search dog has died in a Houston suburb at age 16.

Bretagne (BRIHT’-nee), a golden retriever, was euthanized Monday at a veterinary clinic in the Houston suburb of Cypress, according to a statement from the Texas A&M Engineering Extension Service.

Bretagne was 2 years old when she and her handler, Denise Corliss, were part of the Texas Task Force 1 sent to the World Trade Center site in Lower Manhattan after the terrorist attack brought down the buildings on Sept. 11, 2001. They spent 10 days at the scene searching rubble for human remains.

About two-dozen first responders lined the sidewalk leading to the veterinarian’s office and saluted Bretagne as she walked by for the final time Monday, The Houston Chronicle reported. An American flag was draped over her body as she was carried out of the facility.

Bretagne retired from active duty at age 9. At 15, she was taken by Corliss to the 9/11 memorial and participated in an interview with Tom Brokaw of NBC News. Corliss told NBC’s “Today” that in recent weeks Bretagne began experiencing kidney failure and slowing down.

Bretagne was nominated for a Hero Dog Award from the American Humane Association in 2014. An online biography posted by the organization says that Bretagne served as an ambassador for search and rescue dogs in retirement, often visiting elementary schools.

Bretagne and Corliss met with former President George H.W. Bush at his presidential library late last year.

A post on the Texas Task Force 1 Facebook page remembers “the valiant effort and dedication to finding a victim trapped in a destroyed building that Bretagne showed us on a regular basis.”

Here is a beautiful 2.07 acre lot with big views to spare. As if the fabulous views are not enough, the lot comes complete with a foundation, optional building plans for 3000+ sqft, electrical run to the foundation, water tap done, and a septic tank in place. This property has a true country setting within minutes from downtown Eagle.


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For more information on this property or to sell your next property,

call Greg Peterson at 970-331-1333

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Posted in Economist Commentaries, by on May 6, 2016

Among contracts that closed in March 2016, the median number of days to close a contract was 39 days, slightly up from 36 days in July 2015 when NAR first started tracking this information in this survey, according to the March 2016 REALTORS®Confidence Index Survey Report. Nearly half of REALTOR® respondents reported a longer closing period compared to a year ago.

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In reporting on their last contract that went into settlement or was terminated over the period January–March 2016, 27 percent reported a delayed settlement. Financing, home inspection, and appraisal issues were the primary causes of the delay.

While there are reports that “TRID is causing delays” and “making transactions difficult,” there are also reports that TRID has been “fairly easy to deal with” and that the TRID rules “aren’t a major problem,” largely because the industry prepared for the changes in the time between announcement and implementation. However, REALTORS® have taken issue with not being able to have access to the Closing Disclosure. Without access, they cannot quickly review the documents for errors, and delays in catching errors can lead to delays in home closings.

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11 Respondents were asked “For the last house that you closed in the past month, how long was it on the market from listing time to the time the seller accepted the buyer’s offer?” The median is the number of days at which half of the properties stayed on the market. In generating the median days on market at the state level, we use data for the last three surveys to have close to 30 observations. Small states such as AK, ND, SD, MT, VT, WY, WV, DE, and D.C., may have fewer than 30 observations.

Call Greg Peterson at (970) 331-1333 to buy or sell your next property. I’ll work to keep your contract on track for a timely closing.

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A man walks into a bar and asks the bartender for a glass of water. The bartender pulls out a shotgun and fires a shot, just missing the guys head. The guy says “Thanks.”, leaves a tip and walks out of the bar. Why did he say “Thanks” and leave a tip?

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Answer: “He had the hiccups.”

Life is about responses. Real Estate transactions are no different. With every situation, there is a positive and negative response. Although some responses are unexpected, they can be very productive and positive.

Think about your last real estate transactions. I bet there were times when things weren’t going according to plan. How did everyone respond? Did the response lead to a solution? As a Broker, we have to be able to evaluate all kinds of situations and respond accordingly…in the best interest of our clients.

As in this example above, a knee-jerk reaction could have turned the situation ugly very quickly. Like the guy walking into the bar, he was able to look at the big picture…his hiccups were gone.

If you are thinking about buying or selling a property, give Greg Peterson a call at (970) 331-1333. I understand the importance of positive, productive responses to all types of real estate situations.

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never-buy-without-realtor

Manfred Rutz/Getty Images

It’s a slow Sunday morning. You’ve just brewed your Nespresso and popped open your laptop to check out the latest home listings before you hit the road for a day of open houses.

You’re DIYing this real estate thing, and you think you’re doing pretty well—after all, any info you might need is at your fingertips online, right? That and your own sterling judgment.

Oh, dear home buyer (or seller!)—we know you can do it on your own. But you really, really shouldn’t. This is likely the biggest financial decision of your entire life, and you need a Realtor® if you want to do it right. Here’s why.

1. They have loads of expertise

Want to check the MLS for a 4B/2B with an EIK and a W/D? Real estate has its own language, full of acronyms and semi-arcane jargon, and your Realtor is trained to speak that language fluently.

Plus, buying or selling a home usually requires dozens of forms, reports, disclosures, and other technical documents. Realtors have the expertise to help you prepare a killer deal—while avoiding delays or costly mistakes that can seriously mess you up.

2. They have turbocharged searching power

The Internet is awesome. You can find almost anything—anything! And with online real estate listing sites such as yours truly, you can find up-to-date home listings on your own, any time you want. But guess what? Realtors have access to even morelistings. Sometimes properties are available but not actively advertised. A Realtor can help you find those hidden gems.

Plus, a good local Realtor is going to know the search area way better than you ever could. Have your eye on a particular neighborhood, but it’s just out of your price range? Your Realtor is equipped to know the ins and outs of every neighborhood, so she can direct you toward a home in your price range that you may have overlooked.

3. They have bullish negotiating chops

Any time you buy or sell a home, you’re going to encounter negotiations—and as today’s housing market heats up, those negotiations are more likely than ever to get a little heated.

You can expect lots of competition, cutthroat tactics, all-cash offers, and bidding wars. Don’t you want a savvy and professional negotiator on your side to seal the best deal for you?

And it’s not just about how much money you end up spending or netting. A Realtor will help draw up a purchase agreement that allows enough time for inspections, contingencies, and anything else that’s crucial to your particular needs.

4. They’re connected to everyone

Realtors might not know everything, but they make it their mission to know just about everyone who can possibly help in the process of buying or selling a home. Mortgage brokers, real estate attorneys, home inspectors, home stagers, interior designers—the list goes on—and they’re all in your Realtor’s network. Use them.

5. They adhere to a strict code of ethics

Not every real estate agent is a Realtor, who is a licensed real estate salesperson who belongs to the National Association of Realtors®, the largest trade group in the country.

What difference does it make? Realtors are held to a higher ethical standard than licensed agents and must adhere to a Code of Ethics.

6. They’re your sage parent/data analyst/therapist—all rolled into one

The thing about Realtors: They wear a lot of different hats. Sure, they’re salespeople, but they actually do a whole heck of a lot to earn their commission. They’re constantly driving around, checking out listings for you. They spend their own money on marketing your home (if you’re selling). They’re researching comps to make sure you’re getting the best deal.

And, of course, they’re working for you at nearly all hours of the day and night—whether you need more info on a home or just someone to talk to in order to feel at ease with the offer you just put in. This is the biggest financial (and possibly emotional) decision of your life, and guiding you through it isn’t a responsibility Realtors take lightly.

Rachel Stults is a senior editor and writer at realtor.com.
For help buying or selling your next home, call Greg Peterson at 970-331-1333.
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By Barbara Pronin

Too many of us put relaxation on hold, despite knowing stress management is crucial for good health. Would you take the time to de-stress more often if there were quick ways to do so? Personal trainers and life coaches suggest seven ways worth considering:

1. Keep a Journal

Writing is ideal for mental clarity because it makes you think out issues and reflect on what’s happening in your life. Writing in a daily journal for 10 minutes each evening can relax you, and even help you sleep better.

2. Go to the Movies by Yourself

If you can manage it, think about it: it gets you away from everything and everyone, you’re not allowed to talk, and you have to silence your cell phone. Perfect.

3. Go for a Walk

Even a short walk around your home or office can help put the world in perspective. Walk at a moderate pace and do your best to observe and appreciate the sights and sounds along the way.

4. Take a Breath

Three minutes of slow, deep breathing can do wonders for clearing your mind, improving your focus and easing your daily stress.

5. Do Something You Like

Take a warm bath or a 20-minute power nap. Phone a friend you haven’t talked to in a while. Treat yourself to your favorite snack (especially if it’s dark chocolate.) Be kind to your body just for a little bit and feel the difference in your stress level.

6. Listen to Music

Listening to soothing music, even for 10 or 15 minutes, slows your breathing and heart rate, lowers blood pressure and relaxes tense muscles.

7. Create a Relaxation Space

Even a designated chair in your office can be your go-to space. Keep some magazines, crossword puzzles or a book of poems nearby, but leave your phone behind and don’t answer it while you are in your space.

Have you done any of the above to combat stress? What other ways do you unwind?

Remember, life can be stressful, buying or selling your home does not have to be. Call Greg Peterson at (970) 331-1333, and let me take this stresser away.

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Fixed-rate mortgages were on the rise this week, but the 30-year fixed-rate remains well below 4 percent.

“Treasury yields marched higher this week. As a result, the 30-year mortgage rate jumped 7 basis points to 3.66 percent,” says Sean Becketti, Freddie Mac’s chief economist. “The Federal Reserve’s decision to leave the Federal funds rate unchanged triggered a 9 basis point drop in the 10-year Treasury yield on Wednesday, however the drop occurred too late to impact this week’s survey.”

Freddie Mac reports the following national averages with mortgage rates for the week ending April 28:

  • 30-year fixed-rate mortgages: averaged 3.66 percent, with an average 0.6 point, rising from last week’s 3.59 percent average. Last year at this time, 30-year rates averaged 3.68 percent.
  • 15-year fixed-rate mortgages: averaged 2.89 percent, with an average 0.6 point, increasing from last week’s 2.85 percent average. A year ago, 15-year rates averaged 2.94 percent.
  • 5-year hybrid adjustable-rate mortgages: averaged 2.86 percent, with an average 0.5 point, up from last week’s 2.81 percent average. A year ago, 5-year ARMs averaged 2.85 percent.

Source: Freddie Mac

There is definitely no reason to panic. Interest rates are looking good and now is a great time to buy to take advantage of the rates.

For help finding your dream home, call Greg Peterson (970) 331-1333.

 

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Sounds far-fetched, I know, but then these social media sites are always evolving. It also seems to be a shocking case of this already happening to a homeowner in Australia!

A couple living in Australia defaulted on their loan and could not be located by physical address or email. So the lender’s attorneys got creative and located them on Facebook. They verified the couple’s identities by matching their names, birthdays, and the fact they’d connected with each other on the site. So the homeowners were sent a foreclosure notice via Facebook.

How embarrassing! Especially if it ever ended up in the public area of one’s Facebook page! Perhaps even more amazing is that the Australian courts actually upheld the lender’s right to send foreclosure notices through Facebook. The court pointed out the fact that the couple had not enabled privacy protections on their Facebook accounts and that they visited the site frequently enough to “reasonably receive notice as a result.”

Legal experts believe it is just a matter of time before lenders earn the right to serve foreclosure documents through social networks like Facebook. You might want to change those privacy settings on Facebook now to avoid issues of this or any other legal kind in the future on your Facebook page!

Greg Peterson

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In case you have missed it…and I’m guessing you have, I have continued my streak of putting my listings under contract in under 30 days. Over 60% of these listings had previously been listed for an extended time with other brokers at the same or lower price. So, not only am I getting fast results, I am getting my client a higher price for their property.

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If you find yourself thinking about listing your home, or are having problems selling your home, give me a call. I will meet with you and give you an honest no non-sense evaluation of your property with no obligation. As my record shows, I do not collect listings, I sell listings. I focus on providing my clients with the individual attention and care that I would want selling my home. I take every listing as a personal challenge to get the maximum dollar for their home in the least amount of time.

Next time you are looking for a Broker in Eagle County, remember you have choices…but most of all, remember Greg Peterson!

Remember you can always follow me on Facebook and Twitter.

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