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buying a home in colorado springs

Do new home builders in Colorado Springs accept contingency offers?

By in Buying On August 24, 2009

If you are trying to sell your home and are interested in purchasing new construction, keep reading.  Many builders are not entertaining contingency offers in the current real estate market.  Builders would prefer building homes they already have a buyer for then to be stuck with new homes they cannot sell. If you are trying…

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Colorado Springs Homes: Municipal vs. District Water

By in Buying On August 11, 2009

Water supply may be overlooked by buyers when purchasing a home in Colorado Springs. With the exception of well water, homes in Colorado Springs are supplied with Municipal or Association/District water. Municipal water is provided by Colorado Springs Utilities while the water for newer areas such as east of Marksheffel Rd, is provided by Districts.…

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Homes with Polybutylene Plumbing in Colorado Springs

By in Buying On July 14, 2009

Many homes in Colorado Springs built in the mid 70's through the late 90's had Polybutylene plumbing installed since it was more economical than copper.  It was later discovered the Polybutylene pipes had problems with deterioration in addition to problems with the aluminum fittings.  As you can imagine, this would cause flooding and major water problems for homeowners. Homeowners who have Polybutylene plumbing…

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Buyers in Colorado Springs – Watch for red flags

By in Buying On July 14, 2009

When out looking at homes, buyers can save themselves a lot of wasted time by paying attention to possible problems with the home before submitting an offer.  Many first time home buyers in Colorado Springs are seeking bank owned properties but if the buyer is obtaining FHA or VA financing, FHA or VA guidelines may make…

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Colorado Springs Real Estate: Earnest Money

By in Buying On April 29, 2009

Many buyers have been asking me questions recently related to Earnest Money so I thought I would provide a quick FAQ below. Q:  What is Earnest Money? A:  Earnest Money is provided to a home seller as a sign of good faith by a home buyer.   It provides the seller with a guarantee that the…

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Colorado Springs Real Estate – Market Report – Vista Grande – January 2009

By in Market Reports On February 4, 2009

Colorado Springs Real Estate Market Report for Vista Grande Subdivision- January 2009 Average List Price: $174,318 Average Days on Market (active listings): 162 days Home Inventory: 5.1 months Absorption Rate: 3.2% List Price vs. Sale Price Ratio: 98% Contact me for additional information about homes in the Vista Grande Subdivision of Colorado Springs. Providing real estate…

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GREAT deal in Colorado Springs for homebuyers!

By in Colorado Springs Homes On January 5, 2009

There is a bank owned property that just hit the market in Ridgeview at Stetson Hills.  This subdivision is located near Powers and Stetson Hills and is comprised of Melody, Pulte, Richmond American, and John Laing homes.  Floor plans  in the area consist of 2-story, ranch, and mutli-level homes.  This specific home for sale is…

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