80 Larimer County Colorado Acres For Sale At Auction. Tours Sunday 1-3 PM

Well last weekend we had eight inches of snow for our Absolute Auction preview of 80 acres of Larimer County Colorado Land and we still had numerous people brave the weather to come see this great property. The weather forecast for this Sunday says it is going to be a wonderful Colorado fall day with a high of 74. We will be conducting an Auction preview at the property located at the Northeast corner of Owl Canyon and Terry Lake roads from 1:00 – 3:00 PM. Come and check out this great Larimer County Colorado Property we will sell at Absolute Auction on Saturday October 24, 3009. It has great access and is close to Fort Collins and Wellington. Check it all out here. This property and one share of North Poudre water sell at Auction to the highest bidder. Do not miss this opportunity to purchase Colorado land and auction.

Let us all be thankful the little boy was not really in the balloon! Have a great weekend!

Visit our web sites at http://www.whitleyauction.com/ and http://www.rmebrealty.com/.

Larimer County Colorado Farm - Ranch Land Auction Near Fort Collins

If you have been looking for a country home site with great access we have an auction coming up soon you need to check out. On Saturday, October 24, 2009 at 11:10 AM we will sell at ABSOLUTE AUCTION with NO MINIMUM BID and NO RESERVE PRICE a wonderful 80 acre parcel of Larimer County Colorado land. The out of area owner of this wonderful Colorado Property has decided it is time to get it sold. We have been hired to sell it to the best and highest bidder at ABSOLUTE AUCTION with NO MINIMUM BID and NO RESERVE PRICE. This property will sell Auction Day. The property is located at the northeast corner of the intersection of Owl Canyon Road and County Road 15 (Terry Lake Road) which is a little over 4 miles west of I-25 on the Owl Canyon Road. This property has great access with paved county roads to I-25, Wellington and Downtown Fort Collins.

Seldom does anyone get the opportunity to purchase Larimer County land at Absolute Auction. This property is in an excellent location with wonderful views and great access. Whether you are looking to expand your land holdings or purchase your dream home building site, make plans to attend the auction. This property will sell to the highest bidder or bidders on Auction Day. Somebody could get a Fantastic deal. That somebody should be you!

This property is split by an irrigation ditch and will be offered in two separate parcels. The west parcel is 39.5± acres and the east parcel is 40.4 acres. One share of North Poudre Irrigation Company water will also be sold. The two parcels and the water will be offered individually and in combinations and sold in the manner that realizes the highest price. Do your homework now and be prepared to buy on Auction Day. Do not miss this Absolute Auction.

The west parcel, Parcel 1 includes 39.508± acres including right of ways and is where the original farmhouse and outbuildings were. It is in the northeast corner of Owl Canyon Road and County Road 15, which are both paved and county maintained. It has level terrain with a gentle slope to a small hill in the center of the parcel. The hill would make a wonderful building site for a home with a walk out basement that would have fantastic southern exposure and great mountain views. This parcel is large enough that, in the long term, you could possibly split the four acres that border the corner off and develop it. This parcel has at least two springs on it including one that was used for water at the original dwelling. There is currently electric and telephone service on the property. Come see it for yourself.

Parcel 2 is directly east across the irrigation ditch from Parcel 1 and includes 40.410± acres including right of ways. It is bordered on the south by paved and county maintained Owl Canyon Road. It appears that this parcel was never built on and that it was used as an irrigated farm field. It has level terrain that slopes gently to the south. This parcel has several wonderful locations to build your dream home with southern exposure. There is currently electric and telephone service on the property. Attend the previews and fall in love with it as we have.

This property will be sold at Absolute Public Auction on Saturday, October 24, 2009 at 11:10 AM. It will be offered as a complete unit with Parcel 1, Parcel 2 and 1 share of North Poudre water. The two parcels and the water will also be offered separately and in any combination you desire. The bidding will continue until there is no increase in the total price of the two parcels and the water. It will be sold in the manner that realizes the highest return for the seller, whether that be separately or combined. Attend the Absolute Auction and make your best bid. See complete details at http://www.whitleyauction.com/Larimer-County-Colorado-Farm-Ranch-Land-Auction-Near-Fort-Collins-a119454.php.

Alpine Mountain Ranch, 56 Acre Colorado Mountain Property Sells at Auction February 28

Did you ever go to a dude ranch or summer camp as a kid and wish you could one day own it? Well now you have that opportunity. Rocky Mountain Estate Brokers Realty LLC will sell, at Public Real Estate Auction on February 28, 2009, Alpine Mountain Ranch. Alpine Mountain Ranch is a fantastic Colorado Mountain Property with numerous potential uses. It could be used as a guest ranch, fantastic mountain home, corporate retreat, family reunion center, wedding facility, church camp, conference center, health and beauty spa, hunting camp and more.

The Colorado property includes 56 beautiful acres that border the Roosevelt National Forest. If you pack a lunch, you could leave this mountain property walking north and never leave National Forest land until you reached Wyoming. It has spectacular, panoramic Rocky Mountain views not to mention the secluded valley with a stream, beaver pond and many quiet spaces. The property is located about one mile east of Allenspark, Colorado, which is about 16 miles south of Estes Park, Colo. Alpine Mountain Ranch is easy to get to from Denver, Boulder, Loveland, Longmont, Fort Collins and Cheyenne, Wyoming. There is a paved road into the property right off state maintained Highway 7. Denver International Airport is only about an hour and a half drive. This is a once in a lifetime opportunity to purchase at Public Auction, a Colorado property like this, at a fire sale price.

The property includes a three story lodge with guest rooms totaling over 12,000 square feet, a 28 stall barn with office, tack room, lofts and turn-out pens, Four cabins, a recreation building and covered picnic area and a wonderful below ground swimming pool, hot tub and sauna building. The views from the property are breathtaking. There is direct access to the National Forest as well as a stream on the property. Bring you hiking boots and come see what could be yours.

This property was purchased in 1999 for over $1,300,000.00. The new owners then spent close to $1,000.000.00 building a new barn, adding fencing and corrals, drilling a new well, adding landscaping, completely remodeling and updating the large lodge and more. It was appraised in 2002 for $3,000.000.00. The real property will be sold at Public Auction subject to a minimum bid of $1,100,000.00 including the buyer's premium. The contract to buy and sell real property will contain no contingencies for financing or anything else. The property will be sold in its present as-is condition. Closing will be on or before March 13, 2009. Brokers can earn 2.8% on this transaction.

The owners spared no expense in outfitting this property. The lodge is furnished with Mission and Rustic style furniture. There is a complete commercial kitchen. We will also sell all of this high-end personal property separately at the auction. You will now have the opportunity to purchase these items at your best bid. This is an extremely short notice auction. Visit our websites at www.whitleyauction.com or www.rmebrealty.com for updates, photos and much more information.

Mountain property like this seldom is available to purchase at auction let alone at a minimum bid like this. Do your homework and see what this property is truly worth. Someone is going to get a super deal on this property at the auction. We hope it is you. See complete information, auction bidder's packet and updated auction terms at http://www.whitleyauction.com/ or http://www.rmebrealty.com/. Online bidding is available here. All information contained here was derived from reliable sources believed correct, but is not guaranteed. Check it out at http://www.whitleyauction.com/ or http://www.rmebrealty.com/ and then come to the auction.

Auctioneers Attend Colorado Convention in Denver

Rocky Mountain Estate Brokers Inc. Auctioneers and managers recently attended the Colorado Auctioneers Association Convention held in Denver, Colorado. While there, they attended seminars on auction methods and continuing auction education. National experts in their areas of expertise presented these seminars. Real Estate auctions are a hot topic. There were several opportunities to learn about new, cost efficient ways to market and sell real estate at auction. David Whitley, RMEB CEO and lead Auctioneer said, “As the economy and real estate market has weakened, we have been inundated with requests from people to conduct real estate auctions. We are always looking for more ways to effectively market and sell real estate in a short period.

A nationally acclaimed author and speaker presented two seminars on time management and organization. Auctioneer Casey Giddings stated, “Our clients keep us incredibly busy. Time management is one of our most important tools in the auction business.” Casey also participated in the Colorado Champion Auctioneer Contest. She made everyone at RMEB very proud of her auctioneering skills.

Everyone at RMEB believes in constantly learning so that we can provide superior service to our clients. The Colorado Auctioneers Association 2009 Convention was not only educational for us it was fun. We live, breathe and sleep (when we get to sleep!) the auction business. We look forward to meeting you and discussing how we can solve your problems.

Rocky Mountain Estate Brokers Inc. is a full service Auction & Real Estate company that conducts successful Auctions, estate sales & liquidations in Denver, Boulder, Fort Collins, Greeley and the entire states of Colorado, Wyoming and Nebraska onsite or at our Auction house located in Eaton Colorado using award winning Auctioneers. We auction and sell real estate and personal property including industrial equipment, vehicles, trucks, tools, antiques, coins, fine art, firearms, cars and complete estates. Check out our websites at www.whitleyauction.com and www.rmebrealty.com. Call us at any time at 970-454-1010 or toll free at 866-888-4875 to learn more about our successful auctions.

We have many people ask us about buying and selling real estate at auction. Our auctioneers wrote the following primer to help familiarize people with the real estate auction process. We hope this helps you. Please feel free to contact RMEB’s auctioneers to answer and of your real estate auction questions. Visit http://www.rmebrealty.com/ and http://www.whitleyauction.com/ to learn more about our auctions in Colorado and the rest of the country.

Thanks for stopping by!
David P. Whitley CAI CES Auctioneer

Buying Real Estate at Auction 101

(185, 185, 185 now 190 will you bid 190?)

1. Buying real estate at Public Auction is fun, fair and easy. While some potential buyers may not be familiar with the process, it is open, public and transparent. It puts all potential buyers on exactly the same level, bidding on the same property, based upon the same terms. There are many reasons a seller may choose to sell his or her real estate at auction. Real Estate Auctions benefit the seller and buyer. The Auction method is quick, efficient and fair.

2. One of the differences in the Auction process versus a conventional listing is that all potential buyers must complete their due diligence BEFORE executing the contract. This means BEFORE the Auction. In a conventional listing, a potential buyer typically finds a property they are interested in and enters into a contract with the seller. The buyer then has a period to perform his or her inspections of the property, have surveys checked, investigate insurance and arrange financing. If the buyer is not satisfied with something about the property or cannot arrange suitable financing, he or she can then back out of the contract.

3. The Auction process reverses some of these items. An auction specific contract to buy and sell real estate is generally used. The seller will provide a good and clear general warranty deed to the property. The contract and a commitment to issue title insurance will be available at the previews for potential buyers to inspect. The contract will state that all taxes and utilities will be pro-rated to the day of closing. The title insurance and closing costs (which are minimal) are split between the buyer and seller. There are only two items in the contract to be determined on Auction day, the buyer or buyers and the sales price.

4. The seller has completed a property disclosure form that is available to all potential buyers. All potential buyers must make any inspections they desire BEFORE the Auction. This is why we schedule preview periods. We also will work with any potential buyer to allow her or him to conduct any survey, inspection or appraisal he or she may desire, at their cost. The seller wants every potential buyer to have as much information as he or she desires about this property. It is the potential buyer’s responsibility to satisfy him or herself as to all things that affect the value of this property. This puts all the potential buyers on exactly the same playing field. They will all be bidding on the same property, based upon exactly the same contract.

5. RMEB Realty has contracted to sell this property at Public Auction. It is the intention of the seller to sell the property to the highest bidder at the Auction. Sometimes the seller retains the right to accept or reject the high bid for a period of 48 hours after the Auction. The seller obviously cannot sell the property for $1000 but is prepared to accept a fair price. Come prepared to make your best bid on the day of the Auction or be prepared to miss out.

6. Many people ask, “Why is there a required deposit that is non-refundable”? The seller and the brokerage firm go to a lot of expense in preparing for and marketing the property to sell at Auction. The seller wants to be sure that when a high bidder is determined at the Auction, and a contract agreed to, that that high bidder will close the sale in thirty days or less. The deposit is a tool the seller uses to make sure the terms of the contract are met. This also pre-qualifies all bidders to a certain extent.

7. The sale contract will require a closing for cash within thirty days of the Auction. This does not mean that a potential buyer cannot obtain a conventional mortgage. It just means that all potential buyers must have their “ducks in a row” prior to the Auction. Get pre-qualified with a lender. Have a good idea how much your lender will lend on the property you intend to purchase. Be aware that the difference between the amounts you can borrow and the final contract price will have to come from you. Many people who purchase property at Auction easily obtain mortgages and financing. Just keep in mind that thirty days from the Auction, you will have to have the entire amount to close the deal or you will lose your deposit.

8 The seller has chosen to sell this property utilizing the standard 10% Buyer’s Premium. The Buyer’s Premium is a tool that Auctioneers and Sellers use to help defray the cost of the marketing and Auction. With the Buyer’s Premium, ten percent (10%) is added to the high bid price at the Auction to form the contract price. If the high bid at the Auction is $200,000, the Buyer’s Premium will be $20,000 for a total contract price of $220,000. If you only want to pay $200,000 then stop bidding at $180,000. This will result in a contract price of $198,000 saving you $2,000.

9. Who can bid? Anyone can bid. All we require is the $10,000.00 deposit and a photo ID. You then register for a bidder number and agree to the terms and conditions of the Auction. Our registration clerk will take all of your information, help you with the forms and accept your deposit check. If you are the winner, at the conclusion of the Auction, you will be required to sign the “Contract to Buy and Sell Real Estate” immediately. If you are not the winning bidder, you will return to our clerk and she will return your deposit check to you.

10. How does the bidding work? This is a live, open outcry Auction with a real, live Auctioneer. Yes, he can talk fast and yes, you will be able to understand him. Most all of the bidders will attend the live Auction. Sometimes we also have pre-qualified bidders bidding by proxy, on the telephone or live online. If this is your first time at a Public Auction, it may be somewhat intimidating to you. Do not let it be! We are here to help you. The Auctioneer is the person who will be “calling” the bids. “Ring people” assist him. These ring people are on the floor and can answer your questions and relay your bids to the Auctioneer.
Prior to the time of the Auction, our Broker will be available to answer all your questions. Please get all your questions resolved before the Auction. Once the Auction starts, things move quickly. When the time to sell this property arrives, the Broker will make some announcements. We record the entire Auction for the protection of all involved. After the Broker has completed the announcements, the Auctioneer will open the Auction.
Many people are afraid they will buy a property by scratching their nose. This never happens. The Auctioneer and ring people only accept intentionally placed bids. This is why many times you will hear the Auctioneer ask, “Was that a bid?” The Auctioneer will start the Auction by asking for a number, let us say $200,000. If you want to bid that price then raise your bidder number or signal to a ring person. If the Auctioneer does not have a bidder at $200,000, he will ask for less money until someone opens the bidding. Once there is an opening bid, the Auction is on! This is when the process speeds up. Be prepared to make your best bid but also know where you want to stop. Once the bidding process has started, many properties are sold in less than ONE MINUTE. You have to remember, there will only be one winner when the Auction is completed.

11. For how much will the property sell? This is the most asked question we face when conducting a real estate Auction. We never know the answer. In fact, we often have a contest where people who attend the previews may enter their opinion of the sale price of the property for a chance to win $100.00. We could have three different appraisers appraise any given property and they would all come up with a different opinion of its value. The bidders will determine the sale price of the property. It is the ultimate in our free market society. The Auction process is used to determine the value of everything from pork bellies to treasury bills and Microsoft stock. A properly marketed real estate Auction determines the value of a given property at that particular point in time. The high bidder will leave the Auction knowing he or she paid only one bid more than the next highest bidder bid. The Auction method is quick, efficient and fair. Buying real estate at Auction is fun, fair and easy!

Copyright 2006 RMEB Inc. All Rights Reserved.

Whitley and Johnson attend Accredited Auctioneer of Real Estate in our nation’s capitol.

David P. Whitley CAI CES Auctioneer and CEO of Rocky Mountain Estate Brokers Inc. and Bob Johnson CAI broker for Rocky Mountain Estate Brokers Realty LLC recently attended the National Auctioneers Association’s six-day Accredited Auctioneer of Real Estate course held in Gaithersburg, Maryland. “AARE was an intense six days of learning and sharing,” Whitley said after returning to Colorado. “Class lectures were a small part of this designation program. We spent a lot of time working on group projects and discussing how different auction companies do things. AARE brings together auctioneers who are serious about selling real estate at auction. Bob and I learned several things we will put to work for our clients immediately,” he added.

The National Auctioneers Association states, an auctioneer with the AARE designation has gone the 'extra mile' to ensure they offer the highest level of professionalism and the most up-to-date information when it comes to selling properties. Whether selling residential, agricultural, commercial or industrial properties, AARE auctioneers have enhanced knowledge in all pertinent areas, such as:

• Marketing techniques
• Financial/investment calculations
• Evaluating cash flow
• Holding-period analysis
• Tax consequences of buying and selling properties
• Multi-parcel real estate auctions
  

Rocky Mountain Estate Brokers Inc. and its sister company Rocky Mountain Estate Brokers Realty LLC provide quality auction and auctioneering services to the Rocky Mountain Region. Through its staff, they service Colorado, Wyoming and Nebraska clients that desire professional auction services and sales for real estate and personal property. RMEB conducts many auctions at its 20,000 square foot Eaton Auction Center centrally located in downtown Eaton, CO. There they sell tools, machinery, cars, trucks, antiques, firearms, fine art and more. RMEB’s auction services extend beyond its main areas of Fort Collins, Greeley, Loveland, Boulder, Longmont and Denver, Colorado into Wyoming, Nebraska and beyond.

They offer live, real-time internet bidding on most of their auctions and have sold items to buyers from all over the USA, Mexico, Canada, Germany and other countries. Auctioneers David P. Whitley, Catherine "Casey" L Giddings and Robert L. "Bob" Johnson are all graduates of the Certified Auctioneers Institute and maintain the prestigious CAI designation. RMEB can be contacted through its websites at http://www.whitleyauction.com/ or http://www.rmebrealty.com/ or by telephone at 970-454-1010.