Home Buying Information for Colorado Springs

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

Found 40 blog entries about Home Buying Information for Colorado Springs.

Home Warranty Information for Military Families: Good Purchase or Not?Home warranties can be useful for new homeowners. Usually, home warranties are included in the purchase of the house, a perk provided to the home buyer by the seller. Home warranties make life in the home a little easier for the new homeowner after the close of escrow. Because the home warranty is usually included in the deal and is purchased by the home seller for the buyer, many buyers never wonder whether they would like to purchase a home warranty for themselves.

However, home warranties are not a guarantee, and not all sellers buy this policy for buyers. Home buyers who are trying to decide if they would like to purchase a home warranty should take many factors into consideration. Military families in particular may feel uncertainty about their

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USDA or VA Loan Options for Home Buyers: Which One?Any home buyer who is taking out a mortgage must decide for themselves what type of mortgage is right for them. FHA mortgages and conventional mortgages are very popular, but for homeowners who qualify, USDA loans and VA loans may be the better option. Both loans have low interest rates and are excellent options for a home buyer on a budget. If you qualify for both types of loans, knowing the difference between them can help you decide which one is right for you.

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

What Is a USDA Loan?

USDA loans are issued through the US Department of Agriculture. These loans can only be obtained through lenders

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Should You Make a Down Payment with a VA Loan?A VA loan is a loan backed by the Department of Veteran's Affairs. Veterans and service men and women have access to VA loans as do their surviving spouses. VA loans are known to have many attractive benefits for home buyers on a budget. They're distinctive from many other types of mortgages in that they do not require a down payment and also do not require the home buyer to pay for mortgage insurance. This can save the person buying a home a great deal of money, and can make home buying a possibility for people who may not otherwise be able to afford this kind of purchase.

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

Benefits of Making a

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4 Ways to Spot a Moving ScamA lot of time and effort is put into buying and selling homes, and that extends to the actual event of moving as well. When a homeowner is trusting a moving company to move everything they own from one location to another, they want to be sure they can trust those movers. For many people, untrustworthy movers are the ultimate nightmare of the entire home buying process, and this fear is completely founded. There are moving companies out there who try to take advantage of homeowners in many different ways. Fortunately, they have warning signs that homeowners can spot in advance. Here are some of the common warning signs of a moving scam.

The Company Agrees to Move Everything, Sight Unseen

Because scam movers are just looking to make fast money,

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Buying a Home from Afar When You're in the MilitaryBuying a home long distance can be very difficult. Unfortunately, this is something that people in the military have to do often. Working with the right professional, using modern technology and following other best practices can help you find the right home, even when you're looking from a long way away.

Find the Right Real Estate Professional

It's never more important to find the right real estate professional as it is when you're buying a home from a long distance. When looking for a real estate agent, look for someone who understands your needs and who listens to your preferences. Contact multiple real estate agents and ask them questions such as:

  • What's your experience helping buyers find a home long distance?
  • Have you helped
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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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Do Military Members Pay Property Tax?Military service members are offered a number of protections to give them an edge in the housing market. Not only do VA loans offer affordable interest rates, many don't require a down payment. The question becomes just how far those benefits extend. Learn more about how property taxes work and what veterans and active-members can expect.

For informational purposes only. Always consult with an attorney, tax, or financial advisor before proceeding with any real estate transaction.

State Laws Differ

Like many real estate laws, the property tax benefits will differ depending on the state in which the property is located. However, there is some degree of protection for both veterans and active military by protecting its members from high taxes.

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Tips for Active Duty Service Members Buying a HomePeople in the military move quite a bit. Over time, they perfect the art of finding a new Falcon home, settling down, and making the best of it. If you're a member of the military and you're moving, whether it's for the first time or for the fifth time, these tips can help you have a smooth transition. Here's what you need to know.

1. Do Your Research

Before moving to a new town, city or state, it's important to do research. Home buyers should find out everything they can about the place where they're hoping to move, from the average cost to buy a home to the cost of living and local cultural events. The more the home buyer knows about the place where they'll be living, the easier it will be for them to choose a neighborhood where they can live,

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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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