1025 Delaware Dr, Colorado Springs, CO Great location for an investment property! Close to shopping, restaurants, the Citadel Mall, and Academy Blvd. Well maintained, spacious units each have a stove, fridge, washer and dryer hookups, and a storage closet. Unit #3 has new carpet and paint and Unit #2 has a new water heater. Plenty […]
The real estate market in Colorado Springs is picking up and the fix and flip market is coming alive again. Investors are looking for a deal, with the competition among other buyers and home prices on the rise, the bargains are a little tougher to come by. If nicely done, fix and flips don’t last. […]
HUD-owned properties can be a good deal but buyers need to be aware of a few differences if they plan on purchasing a HUD Home in Colorado Springs. 1. Online Auction – All offers are submitted online and investors cannot place a bid on a HUD property until it has been on the market for […]
If you are not sure where to invest, you may want to reconsider investing in the stock market and look into investing in real estate. Some investors are still fixing and flipping properties but holding onto properties in this market seems to be more stable. Vacancy rates are at their lowest in Colorado Springs and […]
Due to House Bill 1133, investors will experience some changes when it comes to fixing and flipping homes in 2011. Investors who purchase a short sale and plan on flipping the property in less than 14 days are required to disclose the information to the seller and the seller’s lender prior to the closing of […]
Until January 1, 2011, investors who purchase a short sale property are required to use a different contract under the Colorado Foreclosure Protection Act. The purpose of the act is to protect home sellers who are facing foreclosure and receive a purchase offer from a buyer who is not planning on occupying the home as […]
Investors who purchase property can either fix it up and then sell it or hold onto the property and keep it as an investment. Although an investor can decide which way to go when buying a property, the real estate market in an area often determines the best option. The rental market in Colorado Springs […]
With low interest rates and home prices, now is the time to invest in real estate. Investors from other states and even from Canada are looking at properties in Colorado Springs. These real estate market conditions will not last forever in Colorado Springs and that is why it is such a great opportunity for people […]
Buyers who intend to occupy a home as their principal residence, have an advantage over investors when it comes to purchasing a Fannie Mae or Freddie Mac foreclosure property. Investors still have to wait 15 days before submitting an offer, but these types of foreclosures may be a good option for investors if the property […]
Major banks including Bank of America, GMAC, and JP Morgan Chase are halting foreclosures to investigate if homes were properly foreclosed upon since issues have arisen from incorrect paperwork being filed and from concern regarding the entity actually foreclosing on many properties (MERS (Mortgage Electronic Registration Systems)). Bank of America is temporarily freezing foreclosures in 23 states. Investors who […]