Since the subprime mortgage mess, many buyers are having a more difficult time obtaining financing for their home. There have been many changes in the mortgage industry and buyers are required to have higher credit scores nowadays to obtain loans; there are not as many options available for subprime borrowers as there were a few […]
You finally found your dream home, your loan has been approved and all you have left is your closing. With all of the busyness during the buying process you must not forget about the details involved with moving! Buy plenty of boxes or plastic containers to use for packing. I prefer plastic containers because they […]
Sunset Ridge is located next door to the Vista Mesa Subdivision and is bordered by Vickers, Rangewood, and Flintridge. Homes in this area of Colorado Springs were built primarily by U.S. Homes in addition to various custom home builders. Homes in the area are mainly comprised of 2-story and ranch floor plans. This area is close to Cottonwood […]
Sundown is located in the Northeast area of Colorado Springs and is bordered by Dublin, Templeton Gap, and Austin Bluffs just west of Powers Blvd. Sundown is conveniently located near schools, parks, and both new hospitals (Penrose and Memorial North) in Colorado Springs. The area also offers quick and easy access to shopping, restaurants, and […]
1. Lowball offers– If you are in a time crunch to purchase a home, submitting extremely low offers will waste your precious house hunting time and you may end up losing the home you wanted. Ask your Colorado Springs Realtor to complete a market analysis on the area around the home you are interested in […]
Although there are nearly 5,000 single family homes for sale in the Colorado Springs area, many buyers are finding out their offer is one of two and even three other offers being reviewed by the seller. If you find out there are one or more competing offers on the table for a Colorado Springs home […]
Many buyers do not know the difference between a pre-qualification and a pre-approval. Sellers usually require a pre-qualification or pre-approval letter accompanies a contract offer submitted for their Colorado Springs home. What good is an offer to a seller when the buyer is not qualified to buy their home? Buyers can usually pre-qualify with a […]
Most people don’t even think about their roof unless there is a problem with a leak, hail damage, or some other type of weathering. Here are a few basics about rooftops in Colorado Springs that you may find useful as a homeowner, homebuyer, or seller. If you are buying a home in Colorado Springs, make […]
Great news! The FHA (Federal Housing Administration) Loan Limits increased on March 5, 2008 for this year to $325,000 for El Paso and Teller Counties. If you are looking to buy a home, now is a great time with the low interest rates, recently increased FHA loan limits, and large selection of homes to choose […]
In a previous post regarding Buying a Home in Colorado Springs I discussed the three major areas that matter to buyers: Location, Size, and Amenities. Now, let’s get more specific about characteristics buyers look for when buying a home in the Colorado Springs Area. Storage- When you take a look at the house pay attention […]