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Old 01-04-2010, 12:54 PM
 
Location: Colorado
137 posts, read 416,233 times
Reputation: 67

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A house can easily sell for over the asking price due to multiple offers or if the buyer is having the seller "roll" closing costs, etc into the sales price which happens a lot with first time home buyers. We bought here 4 months ago and this was our third house we tried to purchase-- the first two houses that we made an offer on-- we were one of three people trying to buy the house! We had a great realtor who helped us keep our head in the game versus our hearts. We have a home we love and something you can't buy-- fabulous neighbors!

Last edited by VALGAL222; 01-04-2010 at 12:56 PM.. Reason: Doh!
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Old 01-04-2010, 01:48 PM
 
726 posts, read 1,866,050 times
Reputation: 413
I don't know how helpful this will be but we just relocated here within the past few months.
1) the person who posted the REcolorado website gave you the best internet tool for finding up to date listings. websites like realtor.com can be outdated most of the time or slower to get the most up to date listings which is crucial in the up to or around $200000 price range.

2) we moved here for my job (and a general desire to live here). We chose Broomfield due to its location between Denver and Boulder (15-20 min to both). We couldn't decide which we wanted to be closer to. Our area is pretty developed but with that being said I think what's the best about CO is that even in the developed areas there are still tons of open space parks and it doesn't really take long to "feel" like you're in a rural area.

3) the competition for houses under $200000 can be brutal. We must have seen about 50 houses, offered on about 6, outbid on 5 and a lot were under contract when we saw them. With that being said don't just rely on a realtor. I got so frustrated I refused to look at a house unless the realtor called the listing agent first to see if other offers were pending. Also I didn't wait for a realtor to show me a house if they weren't available I called the listing agent directly to see it pronto!

4) Although it may seem like I was a realtor's nightmare, realistically I just did most of the legwork for them, I know under $200 000 isn't big bucks for them so I didn't expect them to be working 24-7 for me but after I found the house the realtor was awesome in making sure we got a great deal, that the house was in good condition, etc. If you want his name I can give it to you.
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