Cheers to Brian on his brand new Carapace Home!

We’d like to congratulate Brian on his new Carapace home!  Brian had the opportunity to build his home from the ground up and has been very pleased with the results.  While he didn’t get the chance to view a model of the completed floorplan, the features included in every home we build gave him a great picture as to how his actual home would turn out.  Overall he thought that Carapace built a higher quality home compared to the other builders he looked at.  The openness of each floorplan including his own were also a large factor in his decision.  Brian took a leap of faith building a home he had never seen before and is ecstatic about the final outcome.

From the entire team at Carapace, we’d like to thank Brian for trusting us to build his dream home!  Enjoy!!

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Congrats to our new homeowners!

Hats off to Kevin & Frederick on their brand new Carapace home! They searched far and wide for an open floor plan with distinctive areas for the master bedroom and guest rooms before finding Carapace. These requirements along with five piece master bathroom including separate vanities and a European style shower door helped their new Carapace home quickly become the front runner of their choices. Kevin and Frederick also noted that while it was hard to tell with other builders what would be included, with Carapace you “knew what you were getting.” They were also pleased with the honesty of Mark their sales associate and the level of help they received from the Carapace team throughout the entire process.

We are so excited and pleased to help Kevin & Frederick into their new home! From our family to yours – a sincere thank you from the whole team at Carapace Homes!

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Check out Carapaces Homes on Coldwell Banker TV!

Carapace Homes was recently featured on an episode of Colorado Homes on Demand.  Check out the kitchen in the background – this was filmed in one of our gorgeous model homes!

Click here to watch the full video!

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Plant Trees to Save Energy and Grow Value

Source: www.houselogic.com

Trees don’t ask for much—dirt, water, sunlight. Yet they provide a wealth of benefits: They improve the air you breathe, cut your energy bills with their shade, provide a home to wildlife, and add beauty and value to your home.

But every year, 3.2 million acres of forest are cut down, according to the Nature Conservancy. Several million more acres are lost to fire, storm, and disease. That’s why planting new trees and protecting the ones we have is so important. You can do your part by

  • Caring for the trees in your yard
  • Supporting tree-planting activities in your community
  • Donating to organizations, such as The Nature Conservancy, which works to preserve the world’s trees and forests, and American Forests, which offers a unique way to take action. First, use its online Climate Change Calculator to determine your carbon footprint. Then, make up for your emissions by donating to a forest restoration project.

Why should you care about trees? Bankable benefits

The most tangible bang from your bark comes from energy savings. Three properly placed trees could save you between $100 and $250 a year in energy costs, according to the U.S. Department of Energy. Trees save energy two main ways. Their shade cuts cooling costs in the summer. In winter, they serve as windbreak and help hold down heating costs.

The National Tree Calculator estimates that a 12-inch elm in an Omaha yard can save $32.43 a year on your energy bills; the same tree in Atlanta would save you $11.89 annually. The calculator also breaks down other dollars and cents benefits of your tree, like decreasing storm water runoff, removing carbon dioxide from the air, and increasing property values.

In our elm example, the 12-inch tree adds $40.23 to the Omaha home’s value and a $57.33 to the one in Atlanta. And as trees grow larger, they can add even more value.

A 2002 study by the USDA Forest Service pegs the value a single tree adds to a property of about $630. Of course, tree value depends on size, species, location, and condition.

Adds Frank Lucco, a real estate appraiser with IRR-Residential in Houston, “On a $100,000 home [in my market], as much as $10,000 of its value could be associated with mature trees.”

That’s peanuts compared with the role trees play as the lungs of the planet. A report by the Trust for Public Land estimated that one mature tree takes 48 pounds of carbon out of the atmosphere each year and returns enough oxygen for two human beings.

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Watch for rising mortgage costs

Source: www.bankrate.com

Mortgage interest rates have moved up, down and sideways in recent months. Yet apart from that volatility, some key trends could make mortgages more expensive for borrowers regardless of the level at which rates eventually settle. Here’s a quick look at five trends this spring and how they could raise borrowers’ loan costs.

A new federal regulation that restricts how loan officers are compensated might result in higher costs for borrowers.

So far, no one knows exactly how the rule, effective April 1, will play out, but one result could be fewer choices of interest rate and fee combinations, suggests Reggie Green, a loan officer at Firstline Mortgage/Crossline Capital in Chandler, Ariz.

“You’re going to see two options,” Green says. “Pay all the loan officer’s compensation upfront or take a higher rate and the loan officer gets totally paid through the rate.”

The rule “is already sounding like it’s a shell game,” says Gary Parkes, a loan officer at Acopia Home Loans in Woodstock, Ga.

Parkes thinks the rule could be especially problematic for smaller loan amounts because the loan officer won’t earn enough to justify the time involved.

“The numbers are just not going to really work,” he says.

Loan officers are virtually unanimous in their opposition to the rule, so much so that two trade organizations have sued the Federal Reserve to try to stop it from taking effect.

Click here to read the rest of this article.

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4 Financial Reasons to Buy Now

As Dean Hartman said last week, the purchase of a home is a personal decision. However, we want to give everyone four great financial reasons why you should not wait before taking the plunge into homeownership.

Interest Rates Are Increasing

Interest rates have increased almost 3/4 of a point in the last six months. Most experts expect rates to continue to increase through the year. Interest rates along with price determine the overall cost of a home. Even with prices softening, if interest rates rise, it may be less expensive to buy now rather than wait.

The 30-Year Mortgage May Disappear

There has been much debate regarding government’s role in providing support for homeownership. There are several experts who believe If Fannie Mae and Freddie Mac’s roles are eliminated, or even limited, it may be the end to the 30-year mortgage. This concern is addressed in MSN Real Estate’s Is it curtains for the 30-year mortgage?

QRM Requirements Could Be Much More Stringent

Here are proposed changes to the requirements for a ‘qualified residential mortgage’:

  • Certain mortgage types would be eliminated
  • You would need to put a minimum of 20% down
  • You would need a minimum 690 FICO score
  • The ratios of income to both the mortgage payment and overall debt would become much more conservative (28% and 36%)

There would be loans available to purchasers who don’t qualify under the new rules. However, they will probably be more expensive to the buyer (both in rate and costs).

Rents Are Expected to Increase

The supply of available rentals is decreasing and the demand is increasing. That will lead to an increase in rental costs throughout the year. The Wall Street Journal this week quoted a report by Reis, Inc:

“Expect vacancies to continue declining, and rents rising through the rest of 2011 at an even faster pace.”

Bottom Line

You may be waiting on the sidelines to see if prices will continue to depreciate before you purchase a home. The mortgage expense is a major piece in the overall financial picture of homeownership. Make sure you consider it when timing your decision.

Click here to read the article in full from www.kcmblog.com.

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Saving Money by Going Green: 15 Tips That Can Save Hundreds

Wasted Resources are Wasted Cash

The tips in this feature will not solve all the world’s environmental problems. Neither will they make you rich. But they can significantly lessen your impact on the environment, and they can save significant amounts of money.

You may have felt burned before by claims that going green can save you money, so we’ve taken pains to make sure that we estimate — sometimes with exceptional rigor, and sometimes with back-of-the-napkin math — exactly how much you can save by taking these steps.

What’s clear is that the savings can be significant. We’re not talking about going green for a few dollars and cents, but hundreds of dollars a year. So whether you’re looking for easy ways to go green or easy ways to save money, you’ll find ideas that work here.

Click here to read the full article from www.thedailygreen.com
 
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Special Open House Event in Commerce City!

Come see some of the newest and most innovative floorplans we have to offer in Turnberry Meadows!

Join us for an open house event in Commerce City this April!

Light snacks and beverages will be provided as well as a chance to win a special give away!  We will open our models to the public at 11am on Saturday and close at 6pm.  Don’t miss out on the chance to view these amazing new homes!

When: Saturday April 30rd 2011 | 11am – 6pm

Where: 12878 E. 106th Way Commerce City, CO 80022

RSVP NOW!

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10 Tips for Saving Money in the Garden

A garden without a plan is like a journey without a destination: You waste a lot of time and money and end up nowhere. High-quality landscaping, however, adds to the value of your home: The return on investment is 100% to 200%, according to a study conducted by the American Society of Landscape Architects and Money Magazine.

So don’t impulsively drive to your garden center. Walk your land, consult an almanac, test the soil, and make a budget. You’ll save your back, your budget, and your home’s curb appeal.

Tip #1: Get to know your land

Before shelling out money for new plants, consider what’s thrived and died in past gardens. Ask, “Is this plant doing its job? Adding beauty? Providing shade? Creating borders?” Give a pink slip to landscaping that’s not pulling its weight.

If you’re a newcomer to gardening or to the area, scout the neighborhood to see which plants look happy and which wither on the vine.

Keep in mind that even plants appropriate for your growing zone might not work in your personal patch. Your particular soil conditions, sunlight patterns, pest populations, and available water will determine what will grow. Your local cooperative extension service can analyze your soil and recommend amendments and suitable plantings.

Tip #2: Become sun savvy

Even experienced gardeners make mistakes. They plant shade-loving plants in full sun or sun-loving plants in partial shade. Before planting anything in your garden, compare the amount of sunlight your landscaping needs for the amount you have.

Evaluating garden sunlight is tricky because daylight is a moving target: Seasons change and plants mature and cast different shadows.

So before plotting plant beds and tree locations, study the movement of the sun throughout the day and, if you have time, throughout the year. Calculate how many hours of sun each garden section receives. Then check planting directions to make sure your greenery will get what it needs.

Tip #3: Become water wise

Over-watering plants can kill your landscaping and budget. To avoid death by water, know how much and when your greens need to drink: Sales tags should have watering directions.

Drip hoses are thrifty ways to water plants, because the water goes directly to roots, drop by drop. Wind drip hoses around tree bases and bottoms of shrubs. Put hoses on automatic timers to avoid over-watering.

If you have an in-ground sprinkler system, install an ET (evapotranspiraton) controller. These systems, which use real-time weather data sent by satellite to control when sprinklers turn on and off, can cut water use by as much as 30%. The controller costs between $300 and $400, depending on system size, but many municipal water agencies offer rebates, particularly in the arid Southwest.

Tip # 4: Mulch much

Spreading a few inches of mulch in landscaping beds protects your plants and shrubs from drying out, and makes beds look tidy and uniform. Mulch also keeps down weeds and moderates soil temperature.

Organic mulches—grass clippings, wood chips, pine needles—eventually decompose and add vital nutrients to your soil and landscaping. Organics also encourage worm growth, nature’s own soil tillers and fertilizers.

Shredded bark mulch from the garden center provides a rich look for your beds, adding curb appeal. It also prevents dirt from splashing on leaves.

Tip #5: Color your garden

Stick to a simple color scheme for flowers and blooming shrubs in your garden. Your landscaping will look more cohesive and professional.

Massing plants of coordinated colors creates a sense of luxury and order. If you like pinks, add lavenders and blue-hued plants. If hot red is your color, mix with yellows and oranges.

Keeping to a single color family in your garden also narrows your focus when roaming plant center aisles. If you are a gardening newbie and can’t tell a tea rose from a trumpet vine, ask the store’s plant expert for help. Most will be glad to exchange their knowledge for a sale.

Also, gardening catalogs and websites often group complementary colors together. Some even provide a complete landscape plan, which you can faithfully recreate.

Click here to read the rest of the 10 tips  from www.houselogic.com.

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Model Sneak Preview at Turnberry Meadows

Our newest model, the Michelangelo is almost finished!  Check out our facebook page for a sneak peak of what’s to come!

This beautiful new model home is priced at $252,450 and has 3 bedrooms, 2 1/2 baths, and a 2 car garage. Along with a luxurious tiled 5 piece masterbathroom, hard wood floors, and granite countertops, this model has many other amazing standard features! Call 303-880-4113 for more information.

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