Although there are nearly 5,000 single family homes for sale in the Colorado Springs area, many buyers are finding out their offer is one of two and even three other offers being reviewed by the seller. If you find out there are one or more competing offers on the table for a Colorado Springs home […]
Many buyers do not know the difference between a pre-qualification and a pre-approval. Sellers usually require a pre-qualification or pre-approval letter accompanies a contract offer submitted for their Colorado Springs home. What good is an offer to a seller when the buyer is not qualified to buy their home? Buyers can usually pre-qualify with a […]
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 […]
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 […]