RE/MAX of Boulder News

It may not be pretty, but as a homeowner, keeping your septic tank in top condition is a crucial investment. Ignoring your septic tank is a disastrous mistake made by even the most cautious of homeowners. Regular septic maintenance—including pumping out and inspecting your system every handful of years—is critical to the upkeep of your property. Often, homeowners don’t really realize how their septic systems work, so they don’t look into proper maintenance for them.

A septic system works by carrying wastewater from your home to your septic tank, where it separates solids, known as sludge, from grease and oil, known as scum. The waste-water then leaves the tank and enters the drainfield, and the solids remain. The septic solids should be pumped every

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It’s been a wild week and the one part that is very obvious (at least to me) is that no one has a clear picture of where anything is headed.
 
Last Friday's downgrading of the US credit by S&P caused one of the worst one-day stock market drops in history.  Then the market turns around and gains 70% of it back.  Treasury securities see-sawed up and down trying to find a direction and then decided down was good as yields on the 10-year note dropped close to 2% from the 2.5% range. Shorter term notes didn't drop as much, but when a 1-month treasury is already trading a .025%, there really isn't too much room for a meaningful drop.  Mortgage bonds, which compete for investors with the 10-year treasury bond, haven't moved.  30-year loans remain in the mid 4%

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RE/MAX of Boulder is pleased to announce three new Realtors® who have joined their company this past summer.  First, Art Schwadron, a Colorado resident for over 25 years and previously at the Louisville RE/MAX Alliance office for a year, brings his diverse background including spec construction projects here and in Telluride, new construction, remodels and investments to the Boulder area.

Second, Carolyn Bleicher, a proud RE/MAX agent for over 8 years in Chicago's NW suburb of Buffalo Grove, has moved to Boulder and brought her expertise to the office. Carolyn confides, “Although Chicago had been my home for nearly 24 years, I am originally from Louisville, KY--home of beautiful woman and fast horses.” Her tech savvy, great sense of humor and personal

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Last week the market worried about the potential defaults and the lowering of the country's credit rating if Washington didn't have the debt ceiling issued resolved by August 2.  Congress came through at the last minute and managed to avert a crisis.  But in typical 21st century Washington style, no one seems happy.  Many Republicans are unhappy that there aren't enough spending cuts or enough specific cuts.  Many Democrats are unhappy that tax rates on the rich and on corporations weren't increased.  The press is condemning both sides and the public is both relieved and disgusted  A true Washington compromise - it passed and no one is willing to take responsibility for it.  Hopefully, over the course of the future months (years) some of the better ideas

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Most people look forward to traveling, spending time with friends and family and playing lots of golf when they retire.

Jackie Thompson dreamt of making wine and sharing it with others who enjoy drinking it.

That dream became a reality in 2003 when Jackie, with the emotional and financial support of husband Mike, opened Boulder Creek Winery.

But Jackie, who is from Vermont, was anything but a novice when it came to making wine. Both sides of her family are French, and she grew up in a home in which making wine was common practice. She then went to college for a degree in plant and soil science with plans of applying it to a future in vineyards and winemaking.

When Jackie and Mike, who is from Massachusetts, met in Vermont, she was a

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Home loans can be confusing, and finding the right type of home loan for your particular circumstances can be a frustrating process. Knowing the difference between the two basic home loan types can help you make a confident decision, and ensure your buying process goes smoothly.

Conventional Loans

A conventional loan—also known as a conforming loan—is one not insured by the Federal Housing Administration (FHA) or guaranteed by the Veterans Administration (VA), both of which make homeownership affordable and accessible.

Conventional loans require a higher credit rating, and even for those who do qualify for a conventional loan may be better off with an unconventional one.  This is because the lower your credit score, the higher your interest rate will

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A home won’t sell itself on its own merits these days. Instead, the neighborhood and the community are becoming big sale factors, according to REALTOR® Magazine.

Reporting on a survey by Better Homes and Gardens Real Estate LLC, the magazine explains that the lifestyle the community and neighborhood offer are an important piece of a home’s presentation.

The survey of more than 1,000 home owners and future home buyers shows that one in five home owners have moved or would like to move to a neighborhood or community that is more conducive to their lifestyle.

And the majority of those surveyed place more weight on lifestyle factors – such as family-friendly neighborhoods or easy access to cultural activities like museums and music venues – when shopping

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The financial markets are staying as calm as possible given Washington's inability to resolve the budget issues. The stock market is starting to take it on the chin but the bond market, which determines interest rates is holding and even improving a little…. so far.  But we are seeing more and more money moving to the sidelines due to the uncertainty.
 
Locally and nationally, purchase applications are slowing as the end of the summer approaches when the possibility of completing a new home purchase and moving in prior to the school year starting becomes more difficult.  Refinances have shown a slight uptick in activity the past several weeks as consumers move towards shorter term loans (15 and 20 year) and more mortgage prepayments - people paying

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Whether the economy is going strong or just plugging along, as it is now, Colorado remains a good places to do business.

CNBC recently ranked Colorado No. 5 on the America's Top State for Business in 2011 list.

The fifth-annual study measures all 50 states on 43 different metrics in 10 key categories of competitiveness. CNBC then weights those categories based on how frequently the states use them as selling points to attract business to hold the states to their own standards and tell the public how they measure up.

Virginia, with 1,550 out of 2,500 points, took the top slot last year and Texas, with 1,578 points, dropped from first last year to second this year – a pattern of swapping between the two states that has repeated itself often

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Ken Hotard was more than pleasantly surprised by the fact that 408 single-family homes in Boulder County that sold in June.

 “Let’s go beyond pleasantly surprised,” says the senior vice president of public affairs for the Boulder Area Realtor Association. “I’m optimistic. I think we’ve turned a corner and I don’t think we’ll likely backslide.”

 Barring any major catastrophes or world events, Hotard says he sees a real rebound for the area real estate market in 2012.

 Not only did June’s sales exceed May’s 299 sales by 109, but it also surpassed June 2010’s sales – when homebuyers taking advantage of the tax credit were still closing on their new homes – by nearly 40.

 “We saw a real surge in single-family home sales in June,” Hotard says. “This was

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