colorado springs realty: Homes in Colorado Springs, reasons to buy now! - 03/23/08 03:49 AM
Reasons to own a home in Colorado Springs
Your mortgage is tax deductible, rent is not Mortgage payments let you build equity by paying down your principal balance, rent doesn't build equity Over the long term, real estate does appreciate Building equity in your house is a savings plan that you can realize when you sell Payments on fixed term mortgages stay the same, rents are subject to increases You don't have to depend on your landlord; you are your own landlord The best reason, the home is yours and you can make it your own The economy is going strong in Colorado Springs.  … (0 comments)

colorado springs realty: Bank Foreclosures in Colorado Springs -- Bargains aren't everywhere - 03/21/08 11:15 AM
Colorado Springs Realty
Buying Foreclosures in Colorado Springs
In Colorado, like a lot of markets in the U.S., there is a large selection of bank-owned properties for sale.   And, as long as these properties are priced correctly, they are going quick and fast; some of them are even drawing multiple offers.   And some of them are going for more than the asking price.
Most of the potential home buyers in the market place think that bank-owned properties are a steal and that the bank can't wait to get rid of them.   They think they can come in and offer extremely discounted … (1 comments)

colorado springs realty: What do you do to stay positive? - 03/20/08 01:48 AM
In this business, we all know that it is crucial to keep a positive attitude. 
Sometimes I think being a realtor is similar to gambling in Las Vegas.   Every time I do an open house or take floor time, I think this could be the time I meet a great qualified buyer.  Or maybe I'll find a seller who wants to list their home.  Just like playing Craps or Blackjack in Las Vegas, you have to believe, you have to be positive.
One great idea I want to share with the AR community is to subscribe to the Daily Guru.  … (7 comments)

colorado springs realty: Crazy mortgage -- no wonder there are short sales - 03/20/08 12:43 AM
Creative Mortgages - No wonder there are so many short sales
I've been working with a seller who was referred to me from a good friend.  I've listed his investment house as a short-sale and we got a good offer on it yesterday.  So now the fun begins with trying to get the bank to accept the offer.  As part of getting my packet together to get to the bank, he gave me copies of his financial information to submit with the short-sale packet.  He has a loan of $390,000, interest only, on a house that is maybe now only worth … (0 comments)

colorado springs realty: Real Estate Ethics - 03/15/08 01:34 AM
Real Estate Ethics Refresher
I've just spent the last three days in a classroom in Phoenix sponsored by Hogan Real Estate School.   The class was for the Accredited Buyer Representative Designation, and included lectures, thick manuals, pertinent examples, extensive hand-outs, and great fellowship with other agents.
It was probably one of the best uses of my time in the last two months.  The teacher started out the class asking every person in the class if you would knowingly violate your Code of Ethics.  Of course all of us said no.  As the class progressed, the teacher consistently referred back to the … (8 comments)

colorado springs realty: We're responsible for consumer Education - 02/06/08 12:09 AM
Wow, my very first blog.   I know I may be behind the times, but I'm soooooooooo excited about blogging.  For the last year, I've joked with my clients that I need to start writing a book about being a realtor.  Needless to say I gave up on the book idea, but a blog seemed perfect.
So, what is life like as a realtor in 2008?  In several words, you need to be flexible and persistent at the same time.   Colorado currently has its fair share of foreclosures and pre-foreclosures; some may even say we have a big foreclosure problem here.    (Last … (5 comments)

 
Kathy Torline, Colorado Springs Real  Estate Blog 719-287-1049 (ERA Herman Group Real Estate)

Kathy Torline

Colorado Springs Real Estate Blog 719-287-1049

Colorado Springs, CO

More about me…

ERA Herman Group Real Estate

Address: 5825 Delmonico , #330A, Colorado Springs, CO, 80919

Mobile: (719) 287-1049

Fax: (719) 528-7117



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