Latest from Patricia
Market reports, buying and selling advice, and notes on Colorado Springs neighborhoods since 2008.
April 14, 2014 · Buying
1025 Delaware Dr, Colorado Springs, CO Great location for an investment property! Close to shopping, restaurants, the Citadel Mall, and Academy Blvd. Well maintained, spacious units each have a stove, fridge, washer and…
June 6, 2013 · Buying
The real estate market in Colorado Springs is picking up and the fix and flip market is coming alive again. Investors are looking for a deal, with the competition among other buyers and home prices on the rise, the…
August 16, 2011 · Buying
HUD-owned properties can be a good deal but buyers need to be aware of a few differences if they plan on purchasing a HUD Home in Colorado Springs. 1. Online Auction - All offers are submitted online and investors cannot…
June 14, 2011 · Buying
If you are not sure where to invest, you may want to reconsider investing in the stock market and look into investing in real estate. Some investors are still fixing and flipping properties but holding onto properties in…
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 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…
November 15, 2010 · Investors
With low interest rates and home prices, now is the time to invest in real estate. Investors from other states and even from Canada are looking at properties in Colorado Springs. These real estate market conditions will…
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…
October 17, 2010 · Investors
Major banks including Bank of America, GMAC, and JP Morgan Chase are halting foreclosures to investigate if homes were properly foreclosed upon since issues have arisen from incorrect paperwork being filed and from…
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…
January 24, 2010 · Investors
Fannie Mae and Freddie Mac have recently changed guidelines regarding seller contributions. If you are purchasing a second home that is not your primary residence, the seller can not contribute more than 2% of the…
