Darrell Wass

Hi Susie,
Step one is make sure you are working with a Buyers Agent, and NOT a Transaction Broker. In Colorado, only a Buyers Agent is Your advocate, where a Transaction Broker is neither parties advocate, and just wants to put the deal together.

Step two, is make sure all your financing/funding is ready before you make an offer so a seller knows you are serious, and don't make any offers contingent upon a sale of another home.

Step three, is if you don't don't fall in love with just one house, a low offer can be just fine. Just be aware you might offend some sellers. Homes are like cars, there will always be another if you can't put a deal together.

Step four, be patient and have fun. It may take a few tries, but you can get a great deal on a great house in this market.

I have personally lived in OCC and would love to help if you need a Buyer's Agent.
Respectfully,
Darrell - Thu Jul 24 2008, 06:31

Fact, no company has sold more homes in Colorado Springs than RE/MAX Properties, since 1989.
Fact, we sold more real estate than our closest 2 competitors combined last year.
Fact, we don't even have the highest number of agents, but still out sell our competition.
That being said, it is still important to find an agent that works they way you want. I would be happy to help you find an agent that meets your needs. Call or email and I will match you up with one of the great agents in our company. - Mon Apr 21 2008, 10:08

Kenneth,
You may fall under the debt relief act that took effect recently. Here is the link to that act, along with the form you will need to file if you in fact receive a 1099 for the deficency. Please read the information and follow it up by consulting an accountant.

Here is a link to an article from the IRS outlining the act.
http://www.irs.gov/irs/article/0,,id=179073,00.html

This next link is common questions about the act.
http://www.irs.gov/individuals/article/0,,id=179414,00.html

This last link is the IRS form you would need to fill out to receive the debt relief.
http://www.irs.gov/pub/irs-pdf/f982.pdf - Tue Apr 8 2008, 05:59

Hi Bonnie,
If you would email me with some details about your home. I will gladly send you comps.
DarrellWass@remax.net - Thu Mar 20 2008, 06:50

You are looking at one of the most expensive homes in the neighborhood. While there have been several new builds sold around that range, there hasn't been a resale over $299k. This pocket of homes is surrounded by much less expensive homes, which will make resale VERY hard. You should always purchase toward the middle or bottom price range of a neighborhood. You have a lot of options in that price range to chose from. If I can be of further service, contact me through my website linked below.
Thanks,
Darrell - Wed Mar 12 2008, 19:59