Alan Brown

This classic old home is on a corner lot. New paint inside and out. New vinyl floor in the kitchen, clean as a whistle. 1488 sq ft 3 bed 1 1/2 ba Metal roof, Priced to sell at only $123,800 MLS # 630590

For moe information contact me 970-209-8436 direct or AlanBrownRealtor@gmail.com

You can see a video tour of this home at realtor.com

Here are the home sales numbers for Montrose Colorado for the month of July 2009 comparing them to the last 2 years. If you have any questions or would like a CMA or a different comparision, you can contact me, I will be more than happy to help you.

# of Homes Sold DOM Avg Sell Pr Avg price per/sq ft

July 09 42 167 $189,168 $106

July 08 49 136 $211,159 $124

July 07 49 117 $211,790 $129

Alan Brown 970-209-8436 AlanBrownRealtor@gmail.com

Here are the June 2009 Home Sales numbers with comparision numbers for the last 2 Junes. If you have any questions or would like sales numbers on Lots or a more specific list, you may contact me either my e-mail AlanBrownRealtor@gmail.com or phone 970-209-8436

# of Homes Sold Days on Mkt Avg Sell Pr Avg Pr/sq ft

Jun 09 42 156 $184,753 $111

Jun 08 49 137 $249,791 $129

Jun 07 75 144 $245,151 $130

These stats are from the Montrose Association of Realtors Multiple Listing Service and do not reflect any For Sale By Owners.

Recently I was involved in what I thought was a Short Sale. I had the buyer the seller/home was listed with another agent from another company. The listing agent told me it was short sale and we had to close the transaction at the end of the month. My buyers have cash so no loan to worry about.

The sellers had already moved out of town and had left the home a mess which my buyers didn't care about. We go under contract at the asking price which is about $50,000 less than the orginal mortgage. The first problem arises when the title committment arrives with an unpaid judgement against the sellers for an unpaid medical bill in an amount less than $2,000. Of course the sellers do not have the money to pay said judgement that's the reason they are getting foreclosed on, they have no money. The listing agent tells me he will talk to the lender, the collection agency and the seller to see if there is any way we can get the judgement paid, lowered or any other senario.

Last week I receive 2 phone calls in quick succession, one from the listing agent, one from the title company, the messages were to the affect that the house had sold 10 days previous on the court house steps for considerably less than my contract price. WHAT ??? I am asking myself, how the _____ does that happen. Who was the listing agent talking to ?when supposedly negotiating a short sale, I am still waiting for him to call me to explain that.

The good news for my buyers and me is that a few days later I was able to put the deal back together with the new owner.

The moral of the story for me is to check the foreclosure list to see when a house is going to sale instead of relying on another agent telling me when it is going to sale. He said the end of the month, it turned out to be the 10th.

If you have any questions you can contact me alanbrownrealtor@gmail.com or 970-209-8436

Last week June 8th thru June 15th was the best week our company has had in over a year. In that 7 day period we put 11 properties under contract and listed another 18. Bear in mind that this is a town where in the last year no more than 50 homes have closed in any one month. For example for the entire City and County of Montrose Colorado just 37 homes sold.

The market has definitely been picking up, is it just the time of the year? after all it is June. There has definitely been a change in attitude with buyers in the last few months to a more positive out look. I do not hear "I'll wait to buy because prices are going to continue to fall"

If yo uare looking to buy or sell Real Estata in the Montrose area please feel free in contacting me.

alanbrownrealtor@gmail.com 970-209-8436 (Cell) Put 20 Years of Experience to work for you.