Once the inspection issues have been resolved and the appraisal is in, buyers look forward to closing day especially if they have been waiting on an approval of a short sale for many months. Below, are a few additional items to take note of prior to closing: 1.) Set up utilities – You can wait […]
If you are looking to buy a home in Colorado Springs, the orientation of the home may be an important factor to you. It’s easy to forget about snow in Colorado when looking for a home during the warm months and although we may not receive as much snow as in previous years, it does […]
You are a responsible adult, ready to buy a home, and start the process by getting prequalified for a mortgage loan. You contact a reputable Colorado Springs Real Estate Agent and list your specifications for the home you would like to purchase. You start looking at homes and unfortunately, not one of them you view […]
Is it an inspection? Many buyers get confused about this and wonder if it is necessary to hire an inspector when obtaining a VA loan. Although a VA appraiser does check out the property more than an appraiser for conventional financing would, buyers should still pay a professional inspector to perform an independent analysis of […]
Home sales increased by 9.1% in El Paso County for the month of June when compared to May and sales were 4.5% lower when compared to June 2010. There were only 41 fewer single family home sales in June 2011 when compared to June 2010. There were also 1,156 additional single family homes for sale […]
Home inventory increased by 10% for the month of June when compared to six months ago (January). Compared to the previous month of May, there was a slight increase in single family homes for sale. In June 2010, single family Inventory in the Pikes Peak MLS was higher and there were 913 single family home […]
Aside from closing costs and their down payment, buyers often ask what fees are associated with purchasing a home in Colorado Springs. Even if buyers receive down payment assistance through CHFA or obtain a VA loan where no down payment is required, they will still need funds to cover inspections and the appraisal prior to […]
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 appraisal. Appraisal issues are not uncommon in […]
The majority of buyers go online to find homes for sale in Colorado Springs, particularly, members of the armed forces that relocate to one of the military installments in our city. If your home is not advertised online, your home is not getting the necessary exposure to potential home buyers out there; especially if your […]
If you buy a home in Colorado Springs, you will most likely perform a walk-through of the property prior to closing day. The purpose of a walk-through with your real estate agent is to ensure that the home is left in the same condition agreed upon by all parties of the purchase contract. If a […]