Mike Budd IDC Global Agent

Mike Budd

REALTOR®
License#: IA.040020089
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(970) 376-4511

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Ask a Realtor: What’s the best strategy for buying a second home to rent?

By Mike Budd - March 06, 2020
  Dear Mike: I am looking to buy a second home in the Vail Valley and considering renting it out either on Airbnb or using a vacation management company. What might make more sense for me being an out-of-market owner who also wants to use the home or condo?   Also wondering what type of property, including the number of rooms, might be my best investment, and any other criteria
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Ask A Realtor With Mike Budd

By Mike Budd - December 29, 2019
Dear Mike, My wife and I considering listing our home and mentioned this to some friends at a recent dinner party who advised us to save some money and list it on our own as a FSBO (For Sale by Owner.) They also mentioned it is now possible to pay a nominal fee and get it listed on the MLS.  Realizing the internet has impacted greater access to information and ways of doing business, in the
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Ask a Realtor: Curious Seller

By Mike Budd - November 22, 2019
  Dear Mike,   My wife and I considering listing our home and mentioned this to some friends at a recent dinner party who advised us to save some money and list it on our own. They also mentioned it is now possible to pay a nominal fee and get it listed on the MLS.  Realizing the internet has impacted greater access to information and ways of doing business, in theory it seems to
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Ask a Realtor: Holiday Selling

By Mike Budd - October 01, 2019
    Dear Mike,   My wife and I are considering putting our Vail home on the market and we’re getting mixed advice from friends on doing it now or holding off until after the New Year and holidays. Do holiday visitors actually spend time looking or are we better holding off until after the New Year?     Dear Contemplative Holiday Seller,   Your que
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Ask a Realtor: Buyer Trends

By Mike Budd - September 02, 2019
    Dear Mike, My wife and I are getting ready to put our 3-bedroom/bath West Vail home on the market, which was built in the mid-80s. We realize we are likely to be competing with newer construction and some price points down valley that may be attractive to buyers.  We are curious what buyers are currently looking for and what updates you would recommend so we are well positi
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Ask a Realtor: Is Buying a Second Home different?

By Mike Budd - August 09, 2019
Is buying a second home any different than buying your first? Dear Mike: My daughter and her husband have been renting in the Vail Valley for a couple of years and are looking to buy a home. My wife and I are also interested in buying a second home that will allow us to be near my daughter and her husband but still have our own place. Are there differences between the primary and second home bu
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Ask A Realtor - Empty Nesters

By Mike Budd - June 28, 2019
Dear Mike:   My wife and I are Vail homeowners and empty nesters.  We’d like to downsize from our current home, which is larger than our needs, and buy a smaller home in the Vail Valley.  Our hope is to have our existing home sold and a new one under contract by the end of the year.  Is this reasonable timing?  Are there any factors that we should consider as
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