Latest from Patricia
Market reports, buying and selling advice, and notes on Colorado Springs neighborhoods since 2008.
January 21, 2015 · Buying
Great news for sellers in Colorado Springs that experienced a short sale in 2014. Fortunately, the mortgage debt forgiveness act was extended one more year. Homeowners that faced a hardship and were forced to short sell…
March 14, 2014 · Selling
The real estate market is constantly changing. Another recent change that will impact home sellers is the inspection. Buyers often hire a home inspector once they go under contract and then put requests in writing for…
January 22, 2014 · Buying
Buying or selling a home can be an exciting and emotional time. Sometimes, the stress of a transaction can make buyers and sellers feel like they are on an emotional roller coaster. Social media has grown enormously in…
August 16, 2013 · Colorado Springs homes
Many home buyers have made a 5-piece master bathroom one of their requirements when searching for a home in Colorado Springs. In recent years, many homeowners who remodel their master bathroom are removing the tub in…
June 6, 2013 · Selling
Many sellers assume they are eligible for a short sale without speaking to their bank first. Home sellers with an FHA loan need to be aware of a factor that may not allow them to short sale their property. Home owners…
May 14, 2012 · Selling
Many homeowners who purchased a home in Colorado Springs between 2009 and 2010 benefited from the most recent tax credit of $8,000 ($6,500 for long-time residents) and those who were active duty in the military, had a…
May 2, 2012 · Buying
The inventory in Colorado Springs has dropped considerably compared to previous years. There are around 3,000 single family homes actively for sale right now in El Paso County and less than 1,500 homes for sale below…
April 17, 2012 · Selling
I was showing a home to a buyer recently and the seller happened to be present. I mentioned to the homeowner that one of the streets leading to her home was missing from the directions that were listed in the MLS. Since…
April 5, 2012 · Mortgage
There is no doubt about it, short sales can be difficult when you are the owner. The banks require an enormous amount of information and paperwork from the seller and a short sale transaction can take time to complete.…
January 3, 2012 · Selling
People who opt to sell their home to an investor or company may not always be in a situation of financial distress. Maybe a seller is in a rush to move and prefers to unload their house as quickly as possible. It may…
November 3, 2011 · Selling
If you are selling a home for the first time in Colorado Springs, you may not know what your role is in certain aspects of the transaction. For example, many home sellers do not know whether they are should be present…
July 2, 2011 · Buying
The buying process has become a bit more complicated than it used to be now that we have more distressed properties for sale in Colorado Springs. Unless you are paying cash for a home, the lender is going to require an…
