The real estate market in Colorado Springs is competitive and if your home is not receiving showings it is important to figure out why. Look below to view common obstacles that can affect showings. 1.) Photos in the MLS – If there is only one photo of the home in the MLS, buyers often assume […]
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 […]
Sellers often want to put their home on the market for sale as soon as possible even if the home is not quite in showing condition. Painting, decluttering, or cleaning the carpets may be a few things that still need to be done. Sellers may wonder: Is it a good idea to put my home up […]
The competition for home sellers is pretty fierce in Colorado Springs. Sellers have to compete against bank owned and short sale properties in the same neighborhood that are selling for much less. Homes that are overpriced in Colorado Springs are not selling, especially if they are outdated. Many sellers receive feedback from showing agents stating […]
It is not uncommon for home owners that are facing a short sale situation to have more than one lien on their property. The second lien holder may approve the short sale of a property but may not necessarily forgive or cancel the debt still owed and require the home owner sign a promissory note at […]
Approximately 40% of buyers in Colorado Springs are comprised of first time home buyers who are looking to purchase a home before the $8,000 home buyer tax credit expires November 30, 2009. If you are thinking about moving up into a larger home, now is a good time to do it. Homes $200,000 and below […]
As of July 1, 2009 all home sellers in Colorado Springs who have an appliance that operates from natural gas (i.e. furnace, water heater), are now required to have Carbon Monoxide Alarms installed within 15 feet of all bedrooms in the home. If all of the bedrooms in a home are on the same level, […]
It can be tricky timing everything correctly when selling one home and buying another at the same time. Closing on two homes in the same day is not uncommon but can pose problems if there are any delays with the transaction being funded on time. Per section 4.3 of the Contract to Buy and Sell […]
Spring is here and if you are planning on listing your home for sale, hopefully you have already begun the process for preparing your home before it goes on the market. Here is a check list to help ensure you don’t miss anything! Clean out all closets and drawers Clean the front porch, siding, and […]
Internet exposure– With over 90% of buyers going to the Internet as their source for finding homes, you cannot afford not to have your home on the Internet. If you plan to sell your home, it is important you ask your agent about their marketing plan to sell your home. If marketing your home online is not part […]