Many buyers ask what “Sold As-Is” means when looking to buy a home in Colorado Springs. Homes in Colorado Springs that are “Sold As-Is” means that the seller is not willing to make any changes or repairs to the home for the buyer. For example, if a buyer finds a home he likes but the bathroom […]
Many buyers forget to take notice of the lighting source during their home search because there are so many other factors to pay attention to! Also Read: Some important factors to consider when buying a home in Colorado Springs Many homes in Colorado Springs do not have overhead lighting in the bedrooms. This may not […]
Stucco has become increasingly popular in recent years. It not only looks nice but requires low maintenance when compared to other types of traditional siding. If you are buying a home in Colorado Springs that has a stucco exterior, make sure and have the stucco inspected. Stucco siding has been applied improperly, especially in the […]
There are so many factors to consider when buying a home in Colorado Springs such as price range, location, size, and amenities that buyers often forget to inquire about utility bills. Utility Bills? Yes, you heard me right. With the costs of everything going up lately including the price for natural gas and other Colorado […]
This post is a continuation of Buying a fixer upper in Colorado Springs – Part 1 if you are considering to purchase a home that requires work. 3. Do you have the time and the patience to remodel a home? Whether you interested in remodeling one room or gutting the entire house, patience is a must. […]
During your home search you will probably run across some homes that need work, there are many fixer uppers on the market in Colorado Springs. Before you consider buying a fixer upper, it is important to ask yourself a few questions: 1. Do you mind living in a construction zone? It is difficult for some […]
You are probably paying Private Mortgage insurance (PMI) if you put less than 20% down on your home purchase; PMI protects your lender in the case buyers default on their loan.In addition to the initiation of the Mortgage Forgiveness Debt Relief Act of 2007, President Bush extended the PMI tax deduction through 2010. Homeowners are eligible […]
Since the subprime mortgage mess, many buyers are having a more difficult time obtaining financing for their home. There have been many changes in the mortgage industry and buyers are required to have higher credit scores nowadays to obtain loans; there are not as many options available for subprime borrowers as there were a few […]
You finally found your dream home, your loan has been approved and all you have left is your closing. With all of the busyness during the buying process you must not forget about the details involved with moving! Buy plenty of boxes or plastic containers to use for packing. I prefer plastic containers because they […]
1. Lowball offers– If you are in a time crunch to purchase a home, submitting extremely low offers will waste your precious house hunting time and you may end up losing the home you wanted. Ask your Colorado Springs Realtor to complete a market analysis on the area around the home you are interested in […]