Great news! The FHA (Federal Housing Administration) Loan Limits increased on March 5, 2008 for this year to $325,000 for El Paso and Teller Counties. If you are looking to buy a home, now is a great time with the low interest rates, recently increased FHA loan limits, and large selection of homes to choose […]
In a previous post regarding Buying a Home in Colorado Springs I discussed the three major areas that matter to buyers: Location, Size, and Amenities. Now, let’s get more specific about characteristics buyers look for when buying a home in the Colorado Springs Area. Storage- When you take a look at the house pay attention […]
You have seen the radon testing kits at Home Depot and have probably heard about it before. Radon is a radioactive gas that naturally exists in some soils and some of the soils where homes are built can contain radon. If you are a homebuyer and not sure if the home you are interested in […]
For questions about Section 8, please contact the Housing Authority directly: 831 S Nevada Ave Colorado Springs, CO 80903 (719) 387-6700 Section 8 housing is a federal government program that provides the opportunity for low-income families to live in housing that would not be able to afford it otherwise.The waiting list for Section 8 is […]
If you are considering purchasing real estate outside of the Colorado Springs Area and are specifically interested investing in real estate overseas,the International Consortium of Real Estate Associations is a website worth taking a look at. Not only can you search for commercial and residential real estate currently for sale on worldproperties.com, you can search for […]
When buying a home there are three main categories buyers in Colorado Springs focus on: Location, Size, and Amenities. 1. Location: There are many different areas of Colorado Springs to live in and each area is a little different. The area you are looking to live in may be highly dependent upon the area of town […]
New Homes in Colorado Springs – Banning Lewis Ranch Base pricing for new homes start in the low $200,000 to mid $300,000’s; it located near Marksheffel Road and Woodmen Blvd is a community that includes home built by such as Classic Homes, Oakwood Homes, Todays Homes, D.R. Horton, and Richmond American Homes. Models in this area of Colorado […]
There are many advantages to owning a home in Colorado Springs and it is a great time to purchase a home with the current interest rates and large inventory of homes to choose from in the Colorado Springs and surrounding areas. Listed below are some of the many advantages to owning a home vs. renting. […]
The Southwest area of Colorado Springs is in close proximity to the mountains and foothills so expansive soils can be a problem. Expansive soil containing certain types of clay such as bentonite will expand and contract when exposed to water. Homes can be built on expansive soils but the foundation is constructed differently to prevent future foundation […]
If you do not have good credit and are considering a lease with option to purchase make sure and do your research before making a decision. Although lease options may be ideal for individuals who cannot obtain a mortgage from a lender due to their credit history, there are areas of concern you need to […]