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Buying

Bank owned properties in Colorado Springs

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  There are many bank owned properties for sale in the Colorado Springs area and many home buyers are looking for a bargain. Bank owned properties are generally listed below market value but that is not always the case. In other words, just because a property is bank owned, don’t assume it is a bargain! […]

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Can I buy a home in Colorado Springs with no down payment?

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With financing regulations tightening up in the mortgage industry, many buyers ask if it is still possible to purchase a home in Colorado Springs with zero down. Due to the sub prime mortgage mess, many of loan products are no longer available to buyers such as the 80/20  or 100% financing options. There are options […]

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Now is the time to buy in Colorado Springs

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Many buyers are reluctant to step into the market to begin looking for a home in Colorado Springs and are waiting for prices to drop even more. Although house prices are a factor, don’t forget about interest rates. Interest rates are expected to climb and a buying a house with a higher interest rate can […]

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Buyers can expect to see higher rates for mortgage insurance

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If you are going to purchase a home in the Colorado Springs area and are going to obtain a loan without making a 20% down payment, mortgage insurance will be part of your monthly mortgage payment. Read Also: Buying a home in Colorado Springs and Private Mortgage Insurance With the increased numbers of foreclosures, lenders […]

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