colorado springs co homes for sale: The Counter Offer
- 07/02/12 02:36 AM
As a seller, you typically will set a specific price you are asking for your home, usually with the guidance of your real estate agent. Often this price is not a firm amount and it is sometimes suggested that you even over-inflate the price slightly to account for the extreme possibility of a buyer coming in and making an offer on your home at a price less than what you are asking. In most cases buyers simply expect to not pay the asking price although in some seller’s markets and in some cases a home can and will sell for more … (0 comments)
Federal Housing Finance Agency (FHFA) Acting Director Edward J. DeMarco announced in a release Thursday that military homeowners who receive Permanent Change of Station (PCS) orders can sell their homes via short sale without having to go into default first. “It is in everyone’s interest for the men and women serving in our armed forces to focus on the important job they are doing defending our country, rather than worry about the maintenance and … (0 comments)
They’ve been hit by hard economic times, lost their job, seen their credit rating drop and their income drop even more.
It’s not unusual for people to ask is it plausible to be able to buy a home if I have a bad credit rating and/or if my income isn’t very high? The answer isn’t exactly cut and dry but there are steps that you can take to make … (0 comments)
colorado springs co homes for sale: Selling Your Home and Maintaining Your Privacy
- 06/20/12 01:22 AM
Even if you never hold an Open House to sell your home you have to realize that you are opening your home to complete strangers to walk through. Generally, the agent is with the buyers but some agents also like to give the buyers’ a little privacy and simply stay within hearings reach.
Either way, even if you your agent stays with the buyer from room to room or if you have an Open House and your agent can’t be with everyone who walks through at all times you need to realize that your privacy is at stake. It’s … (3 comments)
colorado springs co homes for sale: Open House Tips for Home Sellers
- 06/18/12 05:56 AM
Spring and summer are the biggest times of the year for holding open houses, basically due to the nicer weather and people wanting to get out and about. While your real estate agent should help you prepare for the open house by giving you suggestions and helpful information, you can always use a few extra tips and tricks to make your house stand out among the many others that are being held that day.
By making sure your home stands out you are sure to attract a better selection of potential buyers: Remove at least one large piece of … (1 comments)
colorado springs co homes for sale: The Process of Making an Offer on a Home
- 06/18/12 05:49 AM
Once you’ve found the home you think you want to buy there are many options as to how you let the seller know that you’re interested in their home. In some states, especially on the east coast, it is not uncommon to write something called An Intent To Purchase. Other states have standard contracts that then contain the ability to cancel the contact if certain provisions are met. While there are even other areas that have standardized contracts with contingencies that even allow the buyer to cancel the contract and still get back 100% of their earnest money deposit. Needless to … (0 comments)
colorado springs co homes for sale: Investing in Multi-Family Homes
- 06/17/12 03:32 AM
For many first time home buyers or younger real estate buyers purchasing a multi-family home can be a very smart move. There are a lot of benefits to buying a multi-family home that can help you start your path to becoming a real estate investor or even just make your own ability to make house payments much easier. First off let’s explain what a multi-family home is. A multi-family home is a home that is divided to house two different “families” or groups of people. Generally they are referred to as row-type housing, flats, duplexes or apartment buildings in most cases … (0 comments)
colorado springs co homes for sale: Home Ownership At An All Time Low
- 06/14/12 05:05 AM
The number of people who are homeowners is at an all time low since 1997. With only 65% of Americans actually owning their own home, we have seen a 1% decrease of home owners in just this past year alone.
Most attribute these new lows to a number of problems including homes lost to foreclosures, a poor economy with substantial lay-offs, and the stringent restrictions put in place by lenders after the financial collapse.
While this may seem like a terrible cloud looming above the real estate market industry there is a silver lining in if you look hard … (1 comments)
colorado springs co homes for sale: The Pros and Cons of Buying a Newer Home
- 06/12/12 02:38 AM
As with the purchase of any home there are people who simply prefer the personality of an older house with all its intricacies while others prefer the crisp, modern styles of a new construction home. It is a matter of preference in most cases, however, you may be surprised that some of the newer homes have many of the classic little extras that make them appealing to those who prefer an older home. And conversely, some of older homes have been updated to bring in the modern era desires of a newer dwelling. So which should you choose; a newer or … (0 comments)
NEW YORK (CNNMoney) -- The Federal Housing Finance Agency laid out new rules aimed at speeding up the short sale process, a move that could keep many homes from falling into foreclosure.
In a short sale, the bank that holds the mortgage must agree to accept a price for the home that is less than what is owed. Even though short sales are considered a better alternative to foreclosure, banks often take so long to review and approve short sales that the deal falls apart and homes get repossessed.
… (0 comments)
colorado springs co homes for sale: Buying a Fixer-Upper Home
- 06/06/12 11:32 PM
One of the best aspects of purchasing a home that needs some TLC and work to turn into a livable house is that it really doesn’t matter what the current real estate market is at the time, you generally can get a great deal on the house. Many people buy fixer-uppers and flip the houses to resell for a profit. We’ve all seen the television programs that highlight these types of buyers but not every home in need of fixing is one that is purchased for a flip and profit.
Many first time home buyers prefer to buy fixer … (0 comments)
colorado springs co homes for sale: Avoiding Pitfalls When Buying a Fixer-Upper Home
- 06/06/12 02:02 AM
As with all homes you need to take precautions, especially when you’re buying a fixer-upper as there may be all sorts of hidden problems that could make things difficult for you after you have completed the purchase. Just as with purchasing a regular home, you probably want your purchase agreement to be contingent upon certain items. This is why it is essential to get a home inspection report early in the home buying process. This allows you to build in some contingencies into the contract should you discover new information about the home in the course of the transaction. Some things … (3 comments)
colorado springs co homes for sale: Top 5 Tips for Selling Your Home Fast
- 06/04/12 01:57 AM
If you’re in the market to sell your home you probably want to sell it as quickly as possible. There are some tried and true ways to help you sell your home faster and, if you have a good realtor they’re going to probably know and utilize these tips.
On top of that, it will also help you know whether your selling agent is worthy according to whether they are or are not using at least most of these tips to help sell your home. Price To Sell – One of the most effective ways to sell a home … (0 comments)
colorado springs co homes for sale: Good Advice on Buying a Home
- 06/04/12 01:48 AM
We are generally still in a Buyer’s Market in most areas of the United States so while it may still be difficult to find a lender who’s willing to put out the money you are still working with pricing that is generally lower than normal. In most cases housing prices are beginning to rise, but slowly. Taking the opportunity to buy now is a definite positive move and by simply following a few tips you may find the entire process much easier.
Know Your Total Costs While it sounds logical sometimes in the craziness of making this huge decision you … (0 comments)
colorado springs co homes for sale: Will Your Home Sell Quickly?
- 06/01/12 02:28 AM
There are many different circumstances that can determine how quickly your home will sell when put on the market. First off you’ll want to ask your agent what the current DOM (Days On Market) average is for homes in your area. Some areas obviously sell much quicker than others and some areas are completely different from the “National” Market; meaning even if it’s a Buyer’s Market in most areas your particular are could be a Seller’s Market or vice versa. In any case nobody can assure you how quickly your home will sell but if you check the list below you … (3 comments)
colorado springs co homes for sale: Free Donuts, No Shoes and Running....Oh My! June 1, 2012 Is a Busy Day
- 05/31/12 06:24 AM
June is full of holidays that most of us are oblivious to, so I am here to enlighten you about how important June 1, 2012 will be. June 1, 2012 is in fact a day when we celebrate no less than FIVE different holidays. In a world where we are often overwhelmed and life seems to fly by, I wanted to give you a moment to stop and enjoy some fabulous perks for tomorrow. I hope they help put a smile on your face. So enjoy your free donut with a $.99 Ice Tea while you kick off your shoes and … (2 comments)
colorado springs co homes for sale: Is A Single Family Home Really Best For You?
- 05/30/12 12:35 AM
People don’t often consider the number of different types of homes that are available to them and it’s often something that should be considered before you begin looking at homes to buy. While many just assume “buying a home” means buying a single family dwelling there is a lot more available out there and, depending upon your needs & wants, you may end up finding out that a single family dwelling isn’t really the best choice for you. Various types of homes are available for sale and everything from single family dwellings to investor type units and condominiums are offered. … (0 comments)
colorado springs co homes for sale: Coming Up With A Down Payment For A Home
- 05/29/12 01:10 AM
Often the hardest part of buying a house is coming up with the down payment. If it helps any to know, many years ago in the early 1900′s lenders used to require a down payment of 50% of the value of the home. Today the average is 20% and sometimes less. While that’s a lot better than coming up with 50% of the value of the home, in most cases the average person doesn’t have that amount of cash readily available to them. Luckily there are some mortgages that require less than 20% down also and if you qualify for … (0 comments)
colorado springs co homes for sale: Tips On Selling Your Home In The Spring
- 05/27/12 12:44 AM
Spring is the time when we see daffodils, tulips, and tree buds appearing in our front yards; but it’s also one of the most exciting times in the Real Estate business. On average we see about a 30% increase in home sales during the Spring season. However, we have to recognize that seasonal sales are different than market trends and while sales generally increase in the Spring you also have to take into consideration what the market conditions are for your area.
If You’re Thinking About Selling In The Spring Time Because people seem to be more … (1 comments)
It's Lucky Penny Day. Perhaps a Lucky Penny will be lucky for you today.
Who really knows how much a lucky penny is worth? You might even have a lucky penny sitting inside your car right now and not even know it. It could have helped you avoid that car accident you almost had. How about when you picked up a lucky penny and later on that night met the love of your life? Taken at face value, a penny doesn't buy you much, if anything. It … (1 comments)
As a seller, you typically will set a specific price you are asking for your home, usually with the guidance of your real estate agent.
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