This stunning Vail home is for sale.  A contemporary masterpiece on Gore Creek, this Cascade Village home will offer some lucky family a lifetime of memories.  Designed by renowned local architect, Kyle Webb, this Vail home takes full advantage of both its location and its environment.

This home has 6 bedrooms and 7 bathrooms, including a private guest wing and caretaker’s quarters,  expansive patios overlooking Gore Creek, and a kitchen designed to entertain.  Exquisite detail exists throughout this Vail home, personifying the best of what Vail luxury real estate has to offer.

This home is a must-see.  Please contact me today to look at this home or any other real estate currently for sale in the Vail Valley.

This Mountain Haus condo is a Vail short-sale opportunity. Located right on Gore Creek, with awesome views of Vail Village, Golden Peak and the world class ski slopes of Vail Mountain, this Mountain Haus Condo is an exceptional deal.  Walk to Vail’s restaurants, shopping, and the Vista Bahn chair lift.  This Vail condominium unit has an excellent rental history.  One bedroom with a den, this piece of Vail real estate functions like a two bedroom.  This is a Vail Valley short-sale opportunity that should not be missed. 

The Bank has agreed to a short sale of the property and there is an offer on the table that the bank has countered, however the contract has not yet been accepted. This is a great deal for someone who is ready to make the move to ownership of a property in Vail Village. Please contact me today if you are interested in this Vail Village Real Estate deal!

Vail and Beaver Creek are currently the hottest markets when it comes to Eagle County real estate.  There has been $48 million of homes worth $4 million or more in value so far in 2010.  Vail Village and Beaver Creek have experienced the highest sales volume in Eagle County so far this year.  As far as the number of transactions goes, Avon has seen the most sales with 94 closed real estate transactions so far in 2010.

Vail real estate has seen over a 50% increase in sales this year, as has Beaver Creek.  Would you like to learn more about real estate in the Vail Valley?  Give me a call today.  There are many properties for sale right now that are a great bang for the buck.

Recent reports show that Vail real estate sales volume is up in 2010, compared with 2009.  Data shows the following:

• Eagle County real estate continues to rise at more than twice the sales volume of 2009.
• Eagle County real estate transactions are 79% above those in 2009.
• Compared to 2008, Eagle County real estate transactions are down just 18% and dollar volume is down 33%.

So what is the hottest market in Eagle County?  Vail Village.  Vail Village real estate totaled nearly $42 million in sales, with over 12 transactions, in the month of May. Six of the Vail Village properties sold for over $4 million.

If you would like to learn more about Vail real estate, what is selling and what the best deals are at the moment call me today, (970) 390-7469, or email me at bigredfancher@vail.net.

Summer is in full swing here in the Vail Valley, as are some of the best Real Estate buys most of us have ever seen available in Vail Colorado. If you have been waiting to buy real estate in Vail now is the time to act on your dream. I would love the opportunity to discuss some of these Vail Valley Real Estate deals with you. I am available 7 days a week and look forward to you contacting me with any questions you may have.

Whether you want a small condo in Vail Village, a house on Forest Road, or an estate in Cordillera, there is a Vail Valley real estate bargain for you.  If you are interested in visiting Vail this summer and have not booked reservations yet please contact Ted or Rachel at www.vailvillagerentals.com for Vail accommodations. I look forward to speaking to you or seeing you in Vail this summer. Happy Independence Day!

Beaver Creek and Vail recently won the bid to host the 2015 World Cup Championship ski races.  The Beaver Creek Resort and its surrounding community could not be more excited.  A new women’s course will be designed for the races, along with other enhancements to the Beaver Creek ski mountain.

Beaver Creek is a world class ski resort nestled in the Vail Valley. With a village center that offers fine dining, fabulous shopping and first class hotels, Beaver Creek has a lot to offer its visitors.  The luxury homes that surround the ski area are well-designed and offer a lifestyle that most spend their lives searching for.

If you are interested in learning more about Beaver Creek and the real estate opportunities that exist here, contact me today.

Finding a mortgage before looking for real estate is a smart idea

The first step in purchasing Vail real estate should be getting a mortgage.  Getting a mortgage, or rather getting approved for a mortgage, lets a buyer know what he can expect to afford when looking at property in Vail.  It is important for a potential buyer to know how to secure a mortgage.

There are any places to look for a mortgage these days.  There are banks, mortgage brokers, finance companies, credit unions and private lenders.  Often experienced Realtors have mortgage brokers or banks that they work with often and using a lender that has a good reputation is often a safe bet.

When looking for a mortgage have a good idea how much you can afford to pay each month.  Look into the past, present and future to determine this.  It is of the utmost importance not to bite off more than you can chew when it comes to your finances and the affordability of a home that you might buy.

When applying for a loan a person must provide documentation of income, expenses, and assets.  Have your financial statements and tax returns ready and the process will be much easier.

Having a mortgage ready to go before finding a Vail Valley property will make the entire process smoother.  Financing is harder to get these days and being prepared is a wise step in the home buying process.

For more information on mortgages click here.

Now might be the best time to lock in a low mortgage rate

Low interest rates have been gracing the Vail real estate market with their presence for the past year but the word on the street is that they won’t be here much longer.  While mortgage rates aren’t going to skyrocket out of sight, it is doubtful that they will decrease and certain that they will steadily begin to rise.

For those wishing to lock in at below 5%, the time just might be now or never (or at least for a very long time).  The first week in January, the average 30 year fixed mortgage rate was 5.09%.  The general sentiment among economists is that rates are not going anywhere but up from here.

The strengthening of the economy equals less chance for discounted rates.  If you want to refinance or purchase real estate in the Vail Valley, now might be the best time to do so.  The low rates make it a great time to purchase Vail real estate.

For more information on mortgage rates click here to look at a recent article from CNNMoney.com.

If you have been looking for an exclusive estate property in the Vail Valley look no further.  This exquisite Cordillera estate is available for an unheard of price.  Being offered as a short sale, this luxury Cordillera property offers 25,000 square feet of amazing features and custom detail.  The list price reflects an “as is” asking price subject to both lien-holder and seller approval. The current builder is available to finish the home per the approved plans with an estimate available upon request.

Contact me today to set up a showing of this spectacular Vail Valley property, 970-390-7469.

330 Beaver Dam Circle is the short sale deal of a lifetime in Vail Village.  This beautiful home on Beaver Dam Circle between Vail and Lionshead Village is going to foreclosure short sale! This stunning Luxury Estate was originally listed at $10,250,000 and is now been reduced to $6,900,000, however, this property in short sale will be based on the bank debt which is less than list price. If you are interested in the deal of a lifetime in Vail Village this is it.

Listed at an unbelievable price, this spectacular Vail home has 6 bedrooms and 7 bathrooms.  To top it all of there is a 1,500sf expansion under construction. This incredible home is nestled in the woods and is located on a natural pond. Just steps to Vail Village and the world class skiing that Vail has to offer, this home combines classic mountain elegance with a desirable location. Please call Gil Fancher today to make an appointment to view this unique opportunity.

Gil Fancher