Latest from Patricia
Market reports, buying and selling advice, and notes on Colorado Springs neighborhoods since 2008.
March 16, 2011 · Buying
Buyers will most likely view a bank owned or a short sale property during their search for a home in Colorado Springs. Bank owned and short sale properties are often priced more competitively when compared to other homes…
January 30, 2011 · Buying
Home buyers in Colorado Springs are likely to come across short sale properties for sale during their home search. Although short sale properties can often be purchased for below market value, buyers should take a few…
January 13, 2011 · Buying
I have had many buyers recently ask me if a buyer's agent can show any listings from the Multiple Listing Service (MLS). Some buyers think agents can only show their own listings or listings advertised through their…
January 12, 2011 · Buying
Home buyers in Colorado Springs that would like to buy a home but cannot afford the down payment can choose to utilize down payment assistance through the Colorado Housing and Finance Authority (CHFA). Borrowers must…
December 8, 2010 · Buying
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…
December 7, 2010 · Buying
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…
November 23, 2010 · Buying
It is easy to focus on the house and lot you are looking to buy and forget about the surrounding area. In many instances, there is vacant land near the home or behind the home. Buyers should research how the land will be…
November 22, 2010 · Buying
When buying a new home, there are additional costs that can quickly increase the purchase price of the home being built. Although some of these costs are common with every builder, they often offer different incentives…
November 17, 2010 · Buying
Obtaining a mortgage loan has become a more difficult and frustrating process for home buyers. Furthermore, appraisals subject to specific conditions (i.e. roof repair) can cause additional barriers with financing. Most…
November 16, 2010 · Buying
Investors who purchase property can either fix it up and then sell it or hold onto the property and keep it as an investment. Although an investor can decide which way to go when buying a property, the real estate market…
October 21, 2010 · Buying
Many Colorado Springs Residents are not aware of the Good Neighbor Next Door Program offered through the Department of Housing and Urban Development (HUD). Buyers that qualify for the program include full-time teachers,…
October 20, 2010 · Buying
Buyers who intend to occupy a home as their principal residence, have an advantage over investors when it comes to purchasing a Fannie Mae or Freddie Mac foreclosure property. Investors still have to wait 15 days before…
