Brian L. A. 's Blog - Archives July, 2008

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Listed home with Minimal Traffic and No Offers - 07/31/08 06:15 PM

I recently received the following question from a web site visitor in the Colorado Springs Area.
My parents have a home listed in the 80132 area and are priced at 175 per sq foot. Ive noticed the avg to be at 150ish. The home has been upgraded in the last year … (0 comments)

Real Estate Investing in Colorado Springs - 07/31/08 06:10 PM

I recently received the following question from someone looking to purchase real estate as an investment.
With house prices looking more reasonable we are considering buying a second home to use as a rental/investment property. What about renting a vacation home in Manitou or Green Mt. Falls vs. a standard rental … (0 comments)

My Home is Worth Less Now than when I Purchased in 2007 - 07/31/08 06:03 PM

I recently received the following question from a home owner in Colorado Springs.
"I bought a new Pulte townhome in Feb 2007. Since then the builder has dropped prices about $30k. I seriously need to move but now I am really upside down. What can I do?"
Here is my response:
Hi … (0 comments)

What's a reasonable offer for property in Colorado Springs? - 07/31/08 05:55 PM

I recently received a question from a home buyer asking about Making a reasonable offer for a property in Colorado Springs? The Questions was:
"We are moving to Colorado Springs and would really like to buy an older home for our first home. Perferably in OCC or CEN. We are planning … (0 comments)

Colorado Springs Home Selling and The Current Market - 07/16/08 04:34 PM

Even during the current market correction, many of the properties I have marketed have sold in less than 30 to 45 days and several have sold in less than 2 weeks, so it is still possible to do with the right strategy.
Pricing right is critical to moving a property which … (0 comments)

Renovating the FHA 203(k) Way - 07/11/08 03:17 PM

With so many home foreclosures and short sales on the market that are in need of "TLC" or a "Handyman's Touch" and with 100% financing virtually gone the way of the Do Do, many first time and lower income home buyers who want to take advantage of the buyer's market by … (6 comments)

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