Latest from Patricia
Market reports, buying and selling advice, and notes on Colorado Springs neighborhoods since 2008.
October 5, 2010 · Buying
Rocky Mountain Community Land Trust (RMCLT) is a non-profit organization located in Colorado Springs to help make the American dream a reality for people who could not otherwise own a home. Properties include single…
January 27, 2010 · Buying
There are many types of foreclosures available in Colorado Springs and one type of foreclosure is a VA Repo. These types of properties are sold by the Veterans Administration (VA). There are a few important things buyers…
December 9, 2009 · Buying
Yet another change that will affect investors who purchase Fannie Mae Real Estate Owned (REO) listings. Investors will not be allowed to submit an offer on an REO property until after it has been on the market for 15…
December 9, 2009 · Buying
Many home buyers in Colorado Springs obtain FHA financing for their home purchase and may be affected by the upcoming changes with FHA guidelines. FHA offers a low down payment requirement making it easier for many…
November 24, 2009 · Buying
If you plan on purchasing a home in foreclosure and do not plan on living in the home as your principal residence, you may be affected by the Colorado Foreclosure Protection Act. If a property falls under the Colorado…
October 29, 2009 · Buying
It is now official! The tax credit has been extended through June 30, 2010. Take a look below for the details: 1.) Home buyers who have lived in their home for five consecutive years over the past eight years qualify for…
September 24, 2009 · Buying
The first time home buyer tax credit is going to expire on November 30th, 2009. The credit may be extended and made available to all home buyers but nothing has been made official at this time. If you are a first time…
August 24, 2009 · Buying
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…
August 11, 2009 · Buying
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…
July 30, 2009 · Buying
The Veterans Administration has automated many of it's procedures relating to how loans and appraisals are processed making buying a home easier for VA home buyers. The electronic Certificate of Eligibility program now…
July 30, 2009 · Buying
Many homeowners make the decision to downsize. Often times, a large living area is no longer needed once the children have grown or many are planning for retirement and want to find a home where they can live in…
July 27, 2009 · Buying
VA is offering Energy-Efficient Mortgages (EEM) to borrowers who are interested in making energy-efficient improvements to their home. New borrowers or current homeowners interested in re-financing can increase their…
