Colorado Springs Real Estate

Colorado Springs Real Estate Blog

Category Archives: News

Christmas Light Extravaganza 2011

Posted on December 6, 2011 by Patricia

Directions for the Christmas Light Extravaganza 2011 Kindly Provided by Autumn Rivera Here is the 4th Annual Christmas Light drive through Colorado Springs!  There are some new ones added as well as some great favorites!  The drive should take around … Continue reading →

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Colorado Springs – Great Opportunity for Investors

Posted on November 15, 2010 by Patricia

With low interest rates and home prices, now is the time to invest in real estate.  Investors from other states and even from Canada are looking at properties in Colorado Springs.  These real estate market conditions will not last forever … Continue reading →

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Fannie Mae and Freddie Mac Foreclosure Properties

Posted on October 20, 2010 by Patricia

Buyers who intend to occupy a home as their principal residence, have an advantage over investors when it comes to purchasing a Fannie Mae or Freddie Mac foreclosure property.  Investors still have to wait 15 days before submitting an offer, … Continue reading →

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Foreclosure moratorium may impact investors in Colorado Springs

Posted on October 17, 2010 by Patricia

Major banks including Bank of America, GMAC, and JP Morgan Chase are halting foreclosures to investigate if homes were properly foreclosed upon since issues have arisen from incorrect paperwork being filed and from concern regarding the entity actually foreclosing on many properties (MERS (Mortgage … Continue reading →

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How the Lead-Based Paint Law May Affect You

Posted on September 30, 2010 by Patricia

Since April 22, 2010, licensed contractors are required to be certified renovators in lead-safe work practices if they do any repair or renovation involving lead-based paint.This includes disturbing the paint (sanding, scraping, prepping, etc…) in properties (i.e. homes, child-care facilities) … Continue reading →

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Fannie Mae makes changes for REO Investor Purchases

Posted on December 9, 2009 by Patricia

Yet another change that will affect investors who purchase Fannie Mae Real Estate Owned (REO) listings.  Investors will not be allowed to submit an offer on an REO property until after it has been on the market for 15 days. Within … Continue reading →

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Upcoming changes with FHA financing may impact home buyers

Posted on December 9, 2009 by Patricia

Many home buyers in Colorado Springs obtain FHA financing for their home purchase and may be affected by the upcoming changes with FHA guidelines.  FHA offers a low down payment requirement making it easier for many buyers to purchase a home; … Continue reading →

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Changes that may affect investors purchasing homes in foreclosure

Posted on November 24, 2009 by Patricia

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, … Continue reading →

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Information about the home buyer tax credit extension

Posted on October 29, 2009 by Patricia

It is now official!  The tax credit has been extended through June 30, 2010.  Take a look below for the details: 1.) Home buyers who have lived in their home for five consecutive years over the past eight years qualify for … Continue reading →

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First Time Home Buyer Tax Credit: Time is Ticking Away!

Posted on September 24, 2009 by Patricia

The first time home buyer tax credit is going to expire on November 30th, 2009.  The credit may be extended and made available to all home buyers but nothing has been made official at this time.  If you are a first … Continue reading →

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