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Rob Kelly

BPO Colorado Style on Christmas Day-Series Post #3

12-26-08
Rob Kelly

The BPO Subject property is located in a rural subdivision (Meadowlake) immediately adjacent to Golden Gate Canyon State park. You actually drive through the park to reach the East Entrance to the Subdivision…pretty cool having 12,000 acres of forest as your next door neighbor!

Golden Gate Canyon State Park consists of more than 12,000 acres of dense forest, rocky peaks, and aspen-rimmed meadows. Many miles of trails are available for hikers, horseback riders, mountain bikers and winter sports. We have camped here with our pop up trailer, it’s 20 miles from Boulder, approx. 30 miles from Denver.
It’s a peaceful campground, electrical hook-ups and tent-sites in two different campgrounds, stocked fishing ponds, picnic sites and the Panorama Point Scenic Overlook, where visitors can see 100 miles of the Continental Divide.
Besides camping, overnight guests can also stay at one of the five cabins and two yurts at Golden Gate. In 2008, the park will begin renting out guest houses which area first for a Colorado State Park.

Here are a few pictures of the park and adjacent Meadowlake Subdivision:

This is a western view of the Continental Divide...

Not the subject BPO...Might be a cozy getaway, notice the DirecTV sat on the southern wall...

"Thinking of Real Estate? Think of Rob!"

www.RobKellyColorado.com

www.DenverForeclosureTour.com

Twitter: @RobKellyCo

BPO Colorado Style on Christmas Day-Series Post #2

12-26-08
Rob Kelly

BPO Definition: BPO is an acronym for a "Broker Price Opinion." A lender, bank or loss mitigation company my have homeowners with delinquent mortgage payments. In the period before foreclosure, the lender will pay a real estate broker to complete a BPO on the property. Usually the lender has specific forms and criteria for how the valuation will be verified. Typically, we’ll find 3 active listings of comparable homes, and 3 sold listings within the last 12 months. Recent activity within 3-6 months are preferred.

While we do CMA's, or Comparative Market Analysis, for our real estate clients, BPO's are different. A BPO is more extensive, a type of “mini appraisal” or opinion of the properties market value. We also will conduct a “drive by” of the property to determine exterior condition, neighborhood appeal, and collect several photos. Typically a front view, side view, and neighborhood street views photos’ are required. Critical to the drive by is capturing the address of the property to confirm accuracy.

Here are a few photo's on the way to the BPO Subject subdivision...

BPO Colorado Style on Christmas Day-Series Post #1

12-26-08
Rob Kelly

BPO Colorado Style! How a single BPO turned into a scenic drive through the Colorado Rocky Mountain Front Range…

I had a BPO that I accepted on 22Dec08, with a due date of 26Dec08…plenty of time, but I sort of forgot Christmas right in the middle of this week! So, short story long, after the family had opened presents Christmas morning, I headed out for a “quick” BPO tour of a property located in Black Hawk, Colorado. It was a beautiful day for a mountain drive, clear sky’s, lots of snow on the ground, temperatures in the mid 30’s. Lots of families out hiking and walking, enjoying the nice temperatures and a chance to be out on Christmas day.

Here's what you'll see over the next 4 or 5 posts:

  • Golden Gate Canyon Park:
  • Meadowlake Subdivision:
  • Rollinsville
  • Nederland
  • Boulder Falls

Here is a quick shot of the Rocky Mountain Front Range, heading west through El Dorado, Colorado...

"Thinking of Real Estate? Think of Rob!"

www.RobKellyColorado.com

www.DenverForeclosureTour.com

Twitter: @RobKellyCo

Colorado Christmas Eve

12-24-08
Rob Kelly

Colorado Christmas Eve

Merry Christmas eve from Louisville, Colorado! Louisville, Colorado is a great city located in an awesome state! Our tree is up and decorated, presents are starting to pile up, and the kids are getting amped up in anticpation of the big day tomorrow. I hope all is well with you and yours! Best wishes and Merry Christmas...

Lafayette, Colorado-Gingerbread Decorating Class Saturday Dec. 21st,2008

12-19-08
Rob Kelly

If you live in the East Boulder Area and are looking for a great class for your children, you should consider the following:

Happy Winter Break!!

Harmony presents a Holiday gingerbread tree class this Sunday Dec. 21st. in Lafayette. This great event is only $15 for the whole family!! From 3-4p.m. at Lafayette Rec. Come and make a 12x12 candy land scene all of edible goodies. There is still room!! Call Harmony to save your spot or reg. at Lafayette Rec. center.

Harmony has added an American Girl Tea Party camp! Dec. 29th. (Mon.) 9-noon cost:$45 I know it's pricey, but it will be worth your money. We will make matching scarves, New Years glasses and accessories for both doll and girl. We will make scones and yummy treats for out tea party lunch. Dress in your party dress and bring your doll for this morning just for the girls!! Class at Louisville Art Center.

Princess Tea Party Camps:
Dec. 30th. Erie 9-11a.m.
Dec. 31st. Erie 9-11a.m.
Dec. 2nd. Louisville 9-noon

Free demo day at Erie!!
Jan. 3rd. 10-11a.m.
Jan. 4th. 2-3p.m.

New classes start the week of Jan. 12th!! Mark your calendar!!

To register: www.harmonysact.com or e-mail
Harmony
www.harmonysact.com

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"Thinking of Real Estate? Think of Rob!"

www.RobKellyColorado.com

www.DenverForeclosureTour.com

Twitter: @RobKellyCo