Home Buying Information for Colorado Springs

Everything you need to know about the home-buying process in Colorado Springs, CO.

Found 31 blog entries about Home Buying Information for Colorado Springs.

Buying a Home? Red Flags to Watch ForHome sellers like to make their property look as good as possible. During home showings and open houses, most maintenance problems are hidden from view. There may be no way to tell a distressed property from a well-maintained property without getting an inspection from a good home inspector. Knowing the red flags can help you avoid purchasing a property in need of costly repairs. Here's what you need to know.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Parts of the House Are Inaccessible

Home buyers need to see the entire house before making a purchase offer. If parts of the house are inaccessible during the showing, this could be an oversight, or

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All About Buying a Condo if You're in the MilitaryMilitary service members face many relocation challenges that many other people don't face. Primarily, military service members are forced to move a lot for their job. When moving, military service members must make decisions like whether to buy or rent an apartment, a home or a condo. The experience of condo ownership versus apartment rental can be very different, so it's important to make the right decision when relocating for work. If you're a military service member who is relocating soon, here's what you need to know about buying a condo.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Benefits of Owning a Condo

There are many advantages of owning

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Common Rental Scams - and How to Avoid ThemWhen looking for a Peyton home to rent, the majority of people find themselves looking for weeks for a suitable place. As time goes by, worries and uncertainties can pile up, making it easy to fall for common rental scams. This is especially true since so many of these modern scams are well-crafted and outright believable. Knowing just what to look for, however, can help people avoid those scams and find somewhere to live with and have a smooth PCS move in the process. To help out, here's a glimpse into the most common rental scams and how to avoid them.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Fake Listings

Scammers have recently taken to

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When You're Buying a Home in a Seller's Market: TipsA seller's market is a market condition that typically arises from a low inventory of homes in a desirable area. High prices and an overflow of motivated buyers make it difficult to purchase a home for an affordable price, and in some cases, getting a house at all can be difficult. If you're a Gleneagle home buyer who would like to purchase a home in a seller's market, here's what you need to know.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

1. Know What You Want

People who don't know what they want will often hesitate before making an offer. In a seller's market, people who hesitate to make an offer will often get beat out by other buyers who make

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Where Do Military Members Need to Update Their Addresses When They Move?Most members of the military are no strangers to the concept of moving, whether it be due to an assignment transfer, the end of a tour of duty or retirement finally rolls around. However, the processes of making an official change of address request will differ depending on the circumstances and logistics of the move. Here are the steps for changing a military address and ensuring mail is forwarded to a new Gleneagle residence or non-military location.

How to File a Change of Address for a Military Address

Individuals planning to transition from a military address that includes FPO, DPO or APO will have two options for changing their address: in person at a United States Postal Service location or at the USPS website online. Taking action in

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How to Save Money During a Military RelocationFor members of the military, moving is often part of the job. Those in active duty as well as their family members are often asked to move across the country to a new base. Sometimes they have advanced notice and can plan accordingly, and other times, a last-minute decision is made and logistics must be coordinated quickly.

Either way, a military move can be expensive. These tips can help military members and their families save money while making plans to head to their new Monument home.

Organize and Reduce Household Products Before the Move

Whether a military family has been living on the same base for a decade, or they have only been in their current location for a year, it's likely they have acquired more stuff than they truly need to

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What Kinds of Homes Can I Buy with a VA Loan?There are a lot of misconceptions when it comes to the VA loan, and these myths can unfortunately keep people from even applying for it. These government-backed loans give lenders more freedom, meaning their terms are different from that of a conventional lender. However, these loans do specify homes must be in liveable conditions in order to purchase. So whether it's a townhome, condo, or single-family home, certain requirements need to be met. Florissant home buyers considering the conditions of the property they can purchase with a VA loan should keep the following in mind.

For informational purposes only. Always consult with a licensed mortgage or home loan professional before proceeding with any real estate transaction.

Basic Amenities

VA

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How to Qualify and Apply for a VA LoanA VA loan is often the best way for a veteran to purchase a new home. VA loans are sponsored by the US Department of Veterans Affairs (VA), and they make it easier for veterans to purchase, renovate, or build a new home. Because the loans are government-sponsored, they have very specific qualifications that need to be met. Here is what Downtown Colorado Springs home buyers need to know about how to qualify for a VA loan.

For informational purposes only. Always consult with a licensed mortgage or home loan professional before proceeding with any real estate transaction.

Homes Eligible for VA Loans

Not every home can be purchased with a VA loan. In order for a home to be eligible, it can be a condo, manufactured home, modular home, or new

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How to Find Real Estate Agents Skilled in Working with VA LoansThrough the VA home loan program, servicemembers, veterans, and other eligible individuals can start their journey toward Black Forest homeownership. There are many requirements to pay close attention to, however, in finding an eligible property for sale. Real estate agents can make this process much easier and more approachable, but it is important to find the right one. To do so, use this guide to learn how to screen real estate agents who work with VA loans.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Ask About Their Experience

To best serve the needs of the homebuyer, real estate agents need to have experience in helping people buy properties

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Facing Military Reassignment: Should I Lease or Sell My Home?There's little doubt leasing a home when transferred to a new permanent duty station can be a smart financial decision for some military families. Although individual situations differ, if the new assignment includes on-base housing, or if a family's goal is to return to the home some time again, leasing is a good way to cover the cost of ownership and build equity for the future.

However, the prospect of becoming an absentee landlord can be a major headache. Carefully weigh the pros and cons of leasing vs. selling a Colorado Springs home, and consider all available options before making an informed decision.

For informational purposes only. Always consult with a qualified legal expert before proceeding with any real estate transaction.

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