Shawn

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!

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!

Do I Need Snow Tires in Colorado Springs?

Well, yes and no. The answer will depend on where you live and how you live. For people who have a job that does not allow you to come in a bit later in the morning after a big snow then you will want to invest in a good set of snow tires.  Snow tires are actually made of a different rubber mixture than regular all-season tires so they work differently when gripping the road and snow. The treads are bigger...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!

Colorado Springs Water Tastes Great!

Cold right out of the tap! In Colorado Springs we get to enjoy wonderful, clean drinking water. What a privilege it is to just go to the faucet and get cold water that tastes great. My Arizona friends are not so lucky. In Scottsdale, everyone has to have a water cooler with those big five gallon jugs of water. This drives me crazy! The cooler takes up space in the kitchen and the jugs are really heavy when you have to...Continue Reading!

FHA Loan Limits Are Going Down Soon!

Buy or Re-Fi now! As of September 30,2011 the new FHA loan limits will be going down. Please remember though that this means the loan limit and not the sales price. FHA requires at least a 3.5% down payment on every loan. For a single family home in El Paso county, the new FHA loan limit will be $271,050 instead of the current $325000. I personally do not see this as a problem in the Colorado Springs area. (more...)Continue Reading!

7479 Fortman Fountain CO 80817 $157,900

[nggallery id=10] All New Interior! This upscale remodel will put a smile on your face the minute you enter the front door! Imagine moving into a brand new home. This is the one! Over 1800 square feet. All new carpet, interior paint and upscale lighting. The kitchen is a cooks dream with brand new stainless appliances, slab granite counters and upgraded cabinetry. Euro style faucets and lighting complete the look. Large living room upstairs plus spacious family room in the lower level allow...Continue Reading!

Do MLS Photos Tell The Truth?

Maybe and Maybe Not! The benefit of today's technology allows buyers to preview homes online. When I started in real estate in 1990, we used the old MLS books that were published every two weeks. If a buyer was relocating into Colorado Springs, I had to cut out the individual listings and place a bunch on the copy machine, make a copy and then mail the sheet to a buyer. (more...)Continue Reading!