Hope you are enjoying our beautiful Colorado summer!! This month’s blog topic is “Down Payment Sources for a New Home”. Saving for a down payment for a new home is a common roadblock that delays or prevents quite a few people from buying a home. Below are sources and suggestions to assist you in finding the down payment. Continue reading ...

Hello everyone. March is here and spring is around the corner! This is the third installment of twelve monthly blogs on financial information useful to buying or selling a home. This month’s Financial Corner topic is “Mortgage Rate Lock”. Hope it provides you with useful information. Continue reading ...

Happy New Year!! In an effort to constantly improve information provided to our clients, we will present a monthly blog on financial information useful to buying or selling a home. We will call it “The Financial Corner”. This is the first in a series of twelve monthly blogs for the Financial Corner – and it provides basic guidelines to getting approved for a mortgage loan. Hope it provides you with useful information. Continue reading ...

The real estate market is soaring. But Millennials shouldn't feel pressure to get in on the action, according to financial experts. They're the largest group of homebuyers in the market today. Continue reading ...

This Report will give you a quick glimpse of what's happening with the financial market effecting Real Estate Rates across the country, and effecting the Pikes Peak Region. To see more click below... Continue reading ...

As rates rise over the next few months (as usually is common with republicans in office), we will see buyer's buying power continue to lessen. Here is a great chart from Academy Mortgage that can help speak to this: Continue reading ...

What Is A Property Condition Report? An initial Property Condition Report (PCR) is immediately ordered when the property becomes part of HUD's inventory. This process is a visual inspection of the property and a plumbing pressure test. The PCR is not prepared by a certified inspector; therefore, no warranties are made in conjunction with the report. The preparation of the PCR is not a home inspection and is not intended as a replacement for the home inspection. Buyers are strongly encouraged to hire a professional inspector to complete a full home inspection. Continue reading ...

COLORADO SPRINGS, COLO. -- If you're looking to buy a house or rent in Colorado Springs, doing your homework first on the housing market is what's recommended. According to Realtor Sandra Lehmann, deciding whether to become a homeowner or a renter all depends on how long you're looking to stay in the area. Continue reading ...

Here I am, working with a great young couple looking to buy their first home... so far so good right? I have worked before with first time homebuyers and am very comfortable working with them. I met them at an Open House, and they had visited several. They have done their research online, and they had a pretty good idea of what they want. Continue reading ...

New-home sales strongest in more than 2 years Rising numbers another sign of improved housing market Author: By Chris Isidore NEW YORK (CNNMoney) - New-home sales rose in November, recording their strongest pace in more than 2 years, another sign of improvement in the housing market. Continue reading ...

7 terms every homebuyer should know Any homebuyer will encounter a range of new jargon. We demystify it. By Michele Lerner of HSH.com From http://realestate.msn.com/7-terms-every-homebuyer-should-know Continue reading ...

Think the keys to your new dream home are as good as yours, do you? Not so fast. In this tough financial climate, some unexpected issues might scuttle the deal. By Marilyn Lewis of MSN Real Estate Original is here: http://realestate.msn.com/5-nasty-surprises-that-can-stop-your-home-purchase-cold?GT1=35005 Continue reading ...

original is here: http://realestate.msn.com/june-buying-advice-what-questions-should-you-ask-at-the-open-house?GT1=35011 Continue reading ...

Original is here: http://www.mlive.com/business/jackson-lansing/index.ssf/2011/05/home_construction_industry_exp.html Continue reading ...

original is here http://www.ibtimes.com/articles/143015/20110509/housing-designs-new-home-sales-builders-energy-efficient.htm Continue reading ...

Fix fences, tighten your home’s energy efficiency, repair a screen door and make 8 cheap, fun improvements to give your home’s entrance some spring sparkle. By Marilyn Lewis Original is here: http://realestate.msn.com/article.aspx?cp-documentid=23778912 Continue reading ...

By Carla Hill. Original is here: http://www.ibtimes.com/articles/132778/20110411/real-estate-outlook-jobs-and-housing.htm Continue reading ...

As the homebuying season begins to heat up, don't forget there's more to paying for a home than its list price. Plus, we provide some resources that could help you determine if now is the right time to buy. By Melinda Fulmer of MSN Real Estate Original is here http://realestate.msn.com/article.aspx?cp-documentid=28245768>1=35006 Continue reading ...

By Kenneth R. Harney Continue reading ...

Written by Walt Ballenberger Original is here http://thebreakingstory.com/real-estate/home-foreclosed-the-bank-may-owe-you-money/541.html Continue reading ...

If you want to buy a home but don't qualify for a traditional mortgage, you have other options. Here are a few. By Amy Fontinelle of Investopedia Original is here: http://realestate.msn.com/article.aspx?cp-documentid=27962690>1=35010 Continue reading ...

Homebuilders trying to fight off customers’ attraction to cheap foreclosures are doing more to show buyers that the good deals can come with pitfalls. The companies are increasingly trying to woo buyers like Arizona couple Katie and Mike Zwanziger, hoping that warnings about unknown repairs, limited selection and haggling with banks might help them recover from the most dismal year for new home sales in more than 50 years of record-keeping. Continue reading ...

See original here: http://realestate.msn.com/article.aspx?cp-documentid=27848577 Should you unload your home before you buy a new one? Sell now or run the risk of carrying two mortgages? In a buyers market, it's wise to consider your options. By Steve McLinden of Bankrate.com Continue reading ...

A real-estate investment trust is known by the acronym, REIT. Stockholders who have invested in property-investment corporations receive dividends, which signify profit gained from rent and other fees. REITs correspond negatively with the NASDAQ Composite Index and seem to do well when other stocks don’t. They suffered greatly in the late 1990s, but have made a successful comeback in the bear market that began 10 years ago. Continue reading ...

Without doubt, the perfect time to think of promoting Colorado Springs real estate houses is before you get it. The truth is, there’s a saying in skilled real estate circles that, “You make your capital when you obtain.” Unlike prior generations, today’s house owners will ordinarily sell their house inside 5 to seven years. That might seem like a long time within your personal individual life, however it is just minutes inside the globe of Colorado Springs real estate sales. Continue reading ...

Lease/Option vs. Contract for Deed by Attorney William Bronchick Many investors are generally familiar with the concepts lease option and contract for deed (aka “installment land contract”). Many investors confuse the two, and this article will help you understand the tax, legal, and practical issues between the two. Lease Options First, let’s start with the lease option, which is really two things, a lease and a purchase option. A lease is a contract for the use and possession of land, creating a landlord/tenant (or “lessor/lessee”) relationship. Continue reading ...

It's no secret: We've just been through an economic nightmare. And it was all because of a corruption of the American Dream. What caused the mortgage mess? Instead of being the blessing that promised wealth, independence and self-determination, homeownership became a shackle that still ensnares nearly 11 million Americans. These are the souls who now live with the burden of negative home equity. You know the story. Ultralow interest rates, caused by Federal Reserve errors and Chinese currency manipulation, encouraged a housing boom, the greatest of all bubbles and the resulting fallout. Unemployment. The bank bailouts. The automaker bailouts. The stimulus package. Even the European debt crisis. But that's old news. And many, including value investor and hedge fund operator Bill Ackman of Pershing Square Capital, who made billions shorting housing-related bond insurer MBIA (MBI, news, msgs) in the last days of the boom, are now calling for its resurrection. In a leaked research report titled "How To Make A Fortune," Ackman doesn't just say the path to wealth through homeownership has been restored. He says this road has seldom been easier. Continue reading ...

I first heard about biweekly mortgage payment plans when I became a homeowner, and although it sounded like a brilliant way to save, it seemed as if I had more than enough on my plate as a new homeowner than to try to figure out how to join such a plan. As a personal finance column from the Los Angeles Times explains, paying off your mortgage biweekly rather than monthly can shave years off the life of your loan and save you thousands of dollars in interest — just because of the one extra mortgage payment you make each year. However, it sounds like I wasn't the only one who was wary of these payment plans, since it turns out that signing up for such a plan through your lender might not be the most cost-effective way to make those payments. Continue reading ...

Home buying 101- If you can't get a loan from the bank, you can't get a house! Continue reading ...

I have a client who is shopping for a starter home. It's just him and his 4 year old son, and he is looking for a comfortable payment and a clean neighborhood. We keep looking at homes for him, but keep running into one thing over and over: The Dreaded Short Sale!!! Continue reading ...