Colorado Springs Realty Blog

Fannie Mae and Freddie Mac have recently changed guidelines regarding seller contributions.   If you are purchasing a second home that is not your primary residence, the seller can not contribute more than 2% of the purchase price toward buyer closin… more »

Yet another change that will affect investors who purchase Fannie Mae REO listings.  Investors will not be allowed to submit an offer on an REO property until it has been on the market for 15 days.  Buyers who plan more »

If you plan on purchasing a home in foreclosure and do not plan on living in the home as your principal residence, you may be affected by the Colorado Foreclosure Protection Act. If a property falls under the Colorado Foreclosure Protection Act, invest… more »

The Housing Stimulus Bill (The Housing and Economic Recovery Act of 2008) recently signed by President Bush, is expected to alleviate some of the turmoil surrounding the foreclosures bombarding the current real estate market in many areas around the nati… more »