Latest from Patricia
Market reports, buying and selling advice, and notes on Colorado Springs neighborhoods since 2008.
April 20, 2009 · Buying
A property becomes a short sale listing when the homeowner owes more on the mortgage than what the property can be sold for in the current market. Many homebuyers are interested in purchasing pre-foreclosures since they…
April 19, 2009 · Buying
Buyers in Colorado Springs have probably noticed some of the short sale properties they have seen are double close transactions. An investor usually negotiates the short sale with the bank in advance for the seller and…
April 7, 2009 · Buying
Many home buyers in Colorado Springs that would like to buy a home but cannot afford the down payment can receive down payment assistance from the Colorado Housing and Finance Authority (CHFA). CHFA now has a new home…
March 30, 2009 · Buying
If you are looking to purchase a short sale or a bank owned property, ensure the plumbing is inspected. Colorado Springs experienced a few cold months this past winter and if a home is improperly winterized or not…
February 20, 2009 · Buying
Many investors have expressed frustration with only being allowed to finance a total of four investment properties. These restrictions have limited investors considerably and have resulted in many distressed properties…
February 18, 2009 · Buying
There is another advantage available to first time home buyers who purchase a home between January 1, 2009 and November 30, 2009. First time home buyers or buyers who have not owned a home in the last three years will…
January 28, 2009 · Buying
If you are looking to buy a new home in Colorado Springs, you will find many builders are offering various incentives if you decide to purchase a new home. Incentives can vary from a paid membership to the rec center, a…
January 28, 2009 · Buying
Many buyers often ask “Why do I need a real estate agent when I am looking to buy a new home in Colorado Springs?” There are multiple reasons it benefits buyers to work with their own Realtor when buying a new build.…
January 4, 2009 · Buying
It can be so easy to overlook details when you look at house, after house, after house. Keep the number of homes you look at in one day manageable so you don't wear yourself out and so you can have enough time to look at…
December 31, 2008 · Buying
The area you decide to buy a home in can be driven by many factors whether you want to live near your place of work, in a specific school district, a low-crime neighborhood, or an area that aligns with your hobbies or…
December 30, 2008 · Buying
Sellers in Colorado Springs are required to disclose certain things about their home but not everything. If there are any adverse material facts about the home, the seller's Realtor® must disclose it to the buyer. On the…
December 14, 2008 · Buying
Many home buyers and sellers in Colorado Springs become confused when it comes to property taxes. Hopefully this post will help clarify how property taxes are paid each year for a Colorado Springs home. Property taxes…
