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Factors that can affect your preapproval

By in Buying

Home buyers in Colorado Springs often worry more about the house they need to find vs. the mortgage loan.  Over the past few years, the mortgage industry has changed tremendously and qualifying for a mortgage loan is becoming more of a challenge for today’s home buyers. Although a buyer may prequalify for a home, that […]

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Why the higher insurance premium on your Colorado Springs home?

By in Colorado Springs Homes

Many Coloradans are wondering why their home owner’s insurance premiums have increased.  Some may have not realized there their homeowner’s insurance increased until they received an escrow statement from their bank requiring an adjustment on the existing mortgage payment.  Your mortgage payment typically increases or decreases due to adjustments relating to your property taxes and/or homeowner’s […]

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El Paso County Home Sales for January 2014

By in Market Reports

Home sales decreased in El Paso County by 12.3% for the month of January when compared to the previous month of December. Compared this time last year, single family home sales are 9.7% lower.  Colorado Springs home sales will start picking up again as we enter the spring season. There were 64 additional single family […]

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5 tips when buying a house sight unseen

By in Buying

  Ideally, buyers want to see the home they are purchasing but seeing a home in person is not always an option depending on the buyers’ current situation.  Depending on the real estate market, homes can sell quickly making it difficult for out of state buyers.  Fortunately, there are many great tools available to home […]

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El Paso County Home Sales for December 2013

By in Market Reports

Home sales decreased in El Paso County by 4.1% for the month of December when compared to the previous month of November. Compared this time last year, single family home sales are 3.1% lower.  Colorado Springs saw a dip in single family home sales when comparing to 2012 single family home sales in November and December […]

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What happens if a home is damaged prior to closing?

By in Buying

    With the recent fires and floods in Colorado Springs, buyers may wonder what happens in the situation a home they are under contract for purchasing becomes damaged prior to closing. Per the Contract to Buy and Sell Real Estate: 19.2.    Damage, Inclusions and Services. Should any Inclusion or service (including utilities and […]

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So you want to find a bargain?

By in Buying

With foreclosures down in the city of Colorado Springs, the demand among buyers for finding a good deal has become more of a challenge compared to a few years ago.  Buyers who are looking to purchase a home as a primary residence are competing against investors and cash buyers in the current real estate market […]

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