Shawn

PCS to Colorado Springs?

Homebuying FAQ's 1. Isn't it just easier to rent than to buy? I get this question a lot. Colorado Springs is very different from other duty stations you may have lived at. The area is large but really still small. That won't make sense to you now but when you arrive you'll get what I mean. We have really one county in our area (excluding the mountain communities). Finding a home takes (with a good Realtor of course) no more than a...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!

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!

Can you Freeze Your Credit?

The answer is yes. One of my lender partners, Jeff Chapdelaine of Cherry Creek Mortage, just told me about this service.  Those who are quite sure they will not be needing to open any new credit might want to consider it. The first type of person that comes to my mind is a single person in the military getting ready to deploy for a year long tour in the desert. Who needs credit in Afghanistan anyway? Freezing credit will stop...Continue Reading!

2311 Diamond Creek Colorado Springs CO 80921 $545664

Former model home! [idx-listing mlsnumber="545664" showall="true"]Continue Reading!

Flying Horse Rancher 2326 Ledgewood 80921 $329000

[idx-listing mlsnumber="533249" showall="true"]Continue Reading!

Flying Horse Rancher 2613 Cinnabar Rd. 80921 $319900

[idx-listing mlsnumber="652914" showall="true"]Continue Reading!

17575 Minglewood Tr. Monument CO 80132 $449,000

[nggallery id=15] Bank Owned! Beautiful walk-out rancher is ready for a new owner to enjoy all that it has to offer. This home sits on 2.5 acres in the trees. Private but close to highways for commuting. Over 5000 square feet of living space. Main level features huge master suite with fireplace. Two other bedrooms are also on the main level. Formal dining room and large open kitchen area are perfect for entertaining. (more...)Continue Reading!

Feel like you are playing Real Estate Survivor?

Outwit, Outlast, Outplay Are you feeling like you are about to be voted off the Real Estate island? you are not alone. Lots of people are having the same thoughts these days! (more...)Continue Reading!

Fort Carson to get new aviation brigade!

It looks like Fort Carson will be adding a new aviation brigade with 2700 troops to the post.  This move has to potential to add up to 7000 newcomers to the city.  What does this mean? Jobs, housing and more dollars for our local economy coming soon! Read all about the news in the story from the Colorado Springs Gazette .Continue Reading!