Shawn
719-264-7777
6275 Pemberton Way 80919 $174,900
[gallery link="file"] All new and ready for quick closing! This beautiful Pinon Valley tri-level has been updated for you! All new interior paint and carpet. New lighting and hardware in kitchen. Formal living room plus the added bonus of a lower level family room with fireplace. Three bedrooms and two baths. You'll love the deck just off the master suite. Perfect for enjoying your morning cup of coffee! The Pinon Valley area is known for its parks. Ute Valley Park is within...Continue Reading!
Should You Just Stop Paying & Let Your House Go?
Only As a Last Resort! Lots of people in financial trouble just have the urge to give up. If you are in this position you know just what I am talking about. The phone rings off the hook with calls from natsy collectors trying to make you pay money that you don't have. They call at all times of the day and night. Inspectors from the bank may be stalking the property with clipboards and digital cameras to report to the...Continue Reading!
How to Stop a Foreclosure in Colorado Springs
If you are in a position where you are not able to make your house payments any more you are not alone. The good news is that you can stop the foreclosure process if you take action now. Most of the home owners who can't pay do not ever seek help. Thats correct--7 out of 10 foreclosure victims never sought assistance prior to losing their homes. That's a sad fact! You Have Options The first and probably best way to avoid foreclosure...Continue Reading!
Colorado Springs Real Estate Market Report October 2011
Currently we have 3126 homes listed for sale in the Colorado Springs area with an average asking price of $320,901. In the month of October 2011 there were a total of 587 closings with an average list price of $223,529 and average sold price of $215,846. Buyers need to be aware that these homes sold for an average list to sale ratio of 96%. Take this into consideration when making your initial offer. This market area does not support super low offers. That...Continue Reading!
Looking For Great Diner Food in Colorado Springs?
Eat at Rosies! The newest location of Rosies Diner just opened a few weeks ago. I have to admit that we've already been there twice already. It's so nice to have new places to eat in the Northgate area. In the past we've gone up the road a few minutes to the Monument location but now we drive south on Voyager Drive to the newest location. Actually, the Monument store feels a bit more "diner-ish" but the new place is biggers and...Continue Reading!
How Long Do You Have to Wait to Buy a Home Again After a Short Sale?
Answer: It Depends Read below for a list of loan scenarios. It is definitely better to do a short sale than to just let your home go into foreclosure. Even if you have already been notified that the bank is going to foreclose there still may be time to sell your home and avoid the ramifications of a foreclosure on your credit report. Conventional Fannie Mae: After only 2 years with an 80% LTV ratio (Loan to Home Value), 4 years with...Continue Reading!
More Options for Colorado Springs Homeowners in Trouble
Can I do a Loan Modification? Possibly. Keep in mind though that this process is dependent on may variables determined by your mortgage lender. First of all, visit your lenders web site to see if they offer loan modifications. They will list the steps required to modify the loan. The problem sometimes occurs when the lender tells the homeowner that it will be no problem to lower the monthly payment and then at the end of the process, the promises made...Continue Reading!
What if I can’t make my mortgage payments?
Good Question! This is a common question that I hear all the time. There is no simple answer. The thing to know first is that if you miss a payment, the bank is not going to foreclose immediately. Foreclosure is a lengthy process and costs lenders a lot of money so they don’t want to have to foreclose on their borrowers. If you act quickly, you will have time to make an informed decision. Can I make a partial payment? (more...)Continue Reading!
What is a Deed in Lieu?
What is a Deed in Lieu? When a homeowner is facing true hardship and does not want to go through the entire official foreclosure process, an option called a “Deed in Lieu” is available in some circumstances. This option may have a lesser impact on your future credit than a full-blown foreclosure. Depending on your situation, this can be an option. There are certain criteria that need to be met in order for the lender/bank to approve a Deed in Lieu. We’ve...Continue Reading!
2313 Stepping Stones Wy, Colorado Springs CO 80904 $89,900
[nggallery id=19] Super nice condition with all new interior paint, carpet and appliances. This unit shines! Two bedrooms on upper level. You'll enjoy spectacular mountain views from the front deck. This is the best location in the complex! This unit is a bank-owned property but easy to buy. Call me at 719-264-7777 for more details or to arrange a showing!Continue Reading!