Fort Collins Real Estate & Community News

Jan. 4, 2019

Want Beautiful Green Grass This Summer? Follow These 5 Tips!

Want Beautiful Green Grass This Summer? Follow These 5 Tips!

A healthy and luscious lawn is often a point of pride for homeowners. Make your neighbors green with envy (literally!). And make your lawn the talk of the neighborhood (in a good way).

Here are our top 5 tips to achieving (and maintaining) a beautiful green lawn this summer:

1. Learn About Fertilizer

Fertilizer is something that many people expect to show results almost right away. However, it often - especially for slow fertilizers - takes time and many treatments to notice an obvious difference. And making sure you use the correct fertilizer for your grass is also important. Do your research or ask the experts - what makes a fertilizer high quality? 

Many experts agree that a slow-release fertilizer with nitrogen is best for sustainability. It releases nitrogen slowly. But has lasting and longer effects. Fertilize in the spring, and then use it about every 6-8 weeks throughout the season. 

2. Mow Your Lawn the Right Way

Mowing too low can kill your grass roots - meaning your lawn may look less than desirable down the road. How can you prevent this? Don’t mow too low. You should technically only be removing the top third of the grass blades. Aim to cut when the grass is above 3 ½ inches. It will get you the best results - and the best looking lawn around! 

3. Don’t Forget About Aerating 

Aerating your lawn in the fall and early spring can help your lawn breathe. It allows air, nutrients, and water to get right to the root and in the soil. Consider also adding new seeds to these aerating holes. 

4. Don’t Overwater or Underwater

Generally, experts say to water your lawn an inch to an inch a half down every week. In cooler temperatures, you can probably ease off. And in warmer temperatures, you can water a little more. Be careful though - a lot of people make the mistake of overwatering. Sometimes the best way to regular this is through a built-in irrigation system (you can learn more about irrigation here). Many of them run on automatic timers and have sensors so they know the amount your lawn needs and when. 

5. Select the Right Grass Type

Your climate and where you live will determine the type of grass you put down. Not all types will flourish in specific climates. In fact, they might do the opposite. Again, doing your research here is a good idea! Be aware of what works and what doesn’t in your region.

Get working! A green and beautiful lawn doesn’t have to be complicated. You too can have the lawn you’ve always dreamed of. Use our above 5 tips to guide you!

This blog has been brought to you by Blue Jay Irrigation, a professional lawn irrigation company. 

 

Posted in Real Estate News
Sept. 24, 2018

Purchase a home with 3.5% Down

Today we talked with Cole Simmons with Edge Home Finance the process of and FHA Loan. Coles Info: Cole Simmons Sr Loan Officer NMLS 1127011 C: (660) 229-0219 csimmons@edgehomefinance.com www.EdgeHomeFinance.com

Sept. 24, 2018

Cole Simmons talks VA Loans.

Today we talked with Cole Simmons with Edge Home Finance the process of and VA Loan. Coles Info: Cole Simmons Sr Loan Officer NMLS 1127011 C: (660) 229-0219 csimmons@edgehomefinance.com www.EdgeHomeFinance.com

Sept. 24, 2018

Wire Fraud with Keri Roark

Today we talked with Keri Roark at Fidelity National Title regarding the importance of keeping a secure file and not becoming the victim of Wire Fraud.

Sept. 14, 2018

CHFA Loan Program talk with Charles Sparks & Kris Hocum

Today we talked about CHFA loans with Kris Hocum. If you are thinking about purchasing a home and would like to find out more about this loan program you can reach out to Kris or call Charles at RE/MAX.

To reach Kris Kris Hocum MegaStar Financial Corp Office: 970-266-9111, Ext 241 Cell: 970-222-7441 Email: Kris.Hocum@mtggroup.com NMLS: 669530 MegaStar’s NMLS # 3043. Colorado License: LMB100042875

Aug. 1, 2018

Title Insurance

In this video we talk about Title Insurance and why you need it if your selling or purchasing a home. 

Thank You Lorri at Heritage Title for you input! 

#video #titleinsurance #purchasers #fortcollins #FOCO #CharlesSparks

July 27, 2018

Home Inspections

Today we interviewed Nick at Home Team Inspections to talk about the importance of a inspection.  Nick services the Northern Colorado area. 

HomeTeam Inspection Service

970-541-4147

http://www.hometeam-fortcollins.com

 

June 29, 2018

Finding an Affordable Vacation Home in Retirement

Finding an Affordable Vacation Home in Retirement

 

You know you want to commit to purchasing a vacation home in retirement, but you’re not quite sure about a few aspects. What can you afford, and where can you afford? Can you rent out the space? What about taxes? All of these considerationsare helpful in ensuring you find an affordable vacation home in retirement. Reflecting on these questions and looking at all of your options can help guarantee you find something you can afford and enjoy.

 

What Can You Afford?

 

Figuring out a budgetfor your vacation home is an important first step. Don’t just look at the price of the home though. For starters, if you finance the home, be aware that mortgage companies may charge higher interest rates and/or require higher down payments for second homes. Seeking aid from an experienced mortgage broker instead of dealing directly with a single lender is advisable.

 

Also consider the cost of insurance. While you’ll need it regardless of where you live, areas with a higher risk of natural hazards, like hurricanes, floods, or forest fires, require additional insurance. Insurance for a beach location is likely to cost you more than a spot further inland. Before making an offer, obtain several insurance quotes so you’re not shocked during escrow.

 

Maintenance can also be a costly part of homeownership. From roof repairs to painting touchups to costly plumbing leaks, you don’t want to underestimate the cost of maintaining a second home. Factor in about two percent of the home's value each year for maintenance.

 

Where Will You Buy?

 

When deciding where you’ll buy a vacation home, you want to find a location that’s affordable and practical. Think about the vacation spot’s proximity to your primary home. Is it affordable or practical to have to get on a plane every time you want to make a trip? Some retirees choose to rent out the property when they’re not using it. If you go this route, be sure to choose a desirable location, which is usually a city or town near an ocean, lake, river, or mountain recreation area.

 

Consider that some vacation spots are moreexpensivethan others. While Islamorada, Florida is definitely pricey with median home prices around $775,000, Carmel, California’s median price sits at a cool $1.65 million, and Southampton, New York comes in at a staggering $1.95 million. If you’re on a tighter budget, there are plenty of viableoptionsacross the U.S., including Lake Arrowhead, California; Amelia Island, Florida; and Catskill Region, New York.  

 

You should also think about how the home and location fit your future lifestyle. Are there plenty of recreational and social activities and events? Is the structure and location senior-friendly? Climbing stairs to reach the master bedroom of your beach cottage or driving a steep and windy road to get to your mountain cabin may get more difficult as you age.

 

What About Taxes?

 

Primary homes and vacation homes alike are likely to have a major impact on your finances during tax season. Mortgage interest and property taxes on both types of homes can be claimed as deductions. Homes rented out for less than 15 days are considered personal-use property. However, renting out your second home for 15 days or more allows you to deduct operating expenses such as utilities, repairs, insurance, and management fees.

 

Of course, if you rent out your vacation home, you must report the income, which means a slew of monthly and annual paperwork. Additionally, unlike your primary residence, all profits from the sale of the second home are taxed as a capital gain. Moving into your vacation home and treating it as your primary residence for at least two years before selling may allow you to circumvent the capital gains tax.

 

When you reach the decision to purchase a vacation home in retirement, you must calculate all the costs, including insurance and maintenance. This will play a vital role in setting your budget. Other than the budget, choosing a location is the most crucial part of the process, and many factors play into the decision. Lastly, you’ll need to determine whether you'll rent out the home. Carefully making these decisions will ensure you find an affordable vacation home to experience additional flexibility and enjoyment in your retirement.

 

Written by:

Jim McKinley

Guest Blog Writer

Moneywithjim.org

jmckinley@moneywithjim.org