Rick's Random Thoughts on Durango Real Estate and Things

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The 3.8% Tax on Some Investment Income  As many people have heard and misunderstood, beginning January 1, 2013 a new 3.8% tax will be due on some investment income.  This tax will affect some real estate transactions but not all, which is a very often heard misconception.  Beginning in January, t...
    Over 400 feet of Florida River frontage accompany this home.  Really interesting, tiered property which includes a sandstone cliff running essentially north to south  behind the home and a walking path down to the river.  Owner has his own tee box down to his private putting green.  Large sho...
This wonderful hand hewn white oak log home in the woods just outside Durango. The home sits at the highest point of the property offering great views of the snowcapped La Plata Mountains. It would be great for a family and even has a guest quarters/mother in law apartment on the lowest level. Ke...

Rick Lorenz

REALTOR Emeritus, CRS, ABR, CyberStar, CNE, E-Pro
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Durango Real Estate Blog, by Rick Lorenz

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43+ years of successfully selling Durango Colorado real estate certainly qualifies me as having seen just about everything. There have been funny moments "What do you mean you're going to cash my earnest money check?" And there have been serious moments where we completed a short sale just hours before the foreclosure sale was to occur. My greatest satisfaction comes from knowing that we have the expertise and are able to help those people in what is usually the largest financial transaction of their life. One of our clients once said "We sure are glad that you were at the helm of the ship steering our transaction. A little gray hair behind the ears of the 'captain' sure made these passengers feel safer."