Due to House Bill 1133, investors will experience some changes when it comes to fixing and flipping homes in 2011. Investors who purchase a short sale and plan on flipping the property in less than 14 days are required to disclose the information to the seller and the seller’s lender prior to the closing of […]
Until January 1, 2011, investors who purchase a short sale property are required to use a different contract under the Colorado Foreclosure Protection Act. The purpose of the act is to protect home sellers who are facing foreclosure and receive a purchase offer from a buyer who is not planning on occupying the home as […]
Directions for the Christmas Light Extravaganza 2010 Kindly Provided by Autumn Rivera Here is the 3rd Annual Christmas Light drive through Colorado Springs. The drive should take about 2 hours and the longest break without lights is a 15 min. drive from one place to the next. Have fun and please pass on to anyone […]
Home inventory decreased by 19.8% for the month of November 2010 when compared to six months ago (June 2010). Compared to the previous month of October, there was a decrease of 7.4% in single family homes for sale. We are now in the slower season for real estate in Colorado Springs. Single family Inventory in […]
Home sales decreased by 14.1% in El Paso County for the month of November when compared to October. There were 252 fewer single family home sales in November 2010 when compared to November 2009 (31.7% decrease). There were 445 fewer single family homes for sale in November 2009. Home sales typically decrease during this time […]
Selling a home on a busy road can be tough, especially in the current market. There are some factors to keep in mind when trying to sell a home on a busy road in Colorado Springs: Homes that are on a busy road or back to one, tend to sell for less than homes that […]