80910 : Questions & Answers

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Coleen Allen, Real Estate Pro in Colorado Springs, CO
Coleen Allen answered:
What are some surprises that first-time buyers encounter when purchasing a home?
Buyers usually come across surprises in the Approval process with the Lender and during the Inspection once they have found the home they want.
With the Lender, sometimes there are iss ... more
0 votes Share Flag Thu Mar 1, 2012 Home Buying in Colorado Springs
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
Why is the average price of a Keller home of the same model more expensive in Cordera than in Cumbre Vista? What is more desirable about Cordera?
Just guessing, but probably the land was more expensive. I see that all the time in the D.C. area--the same builder, the same model, but a variety of different prices, likely tied to th ... more
0 votes Share Flag Wed Feb 29, 2012 Home Buying in Colorado Springs
George Raymo…, Real Estate Pro in Chino Hills, CA
George Raymondo answered:
Question to Loan Officers and Mortgage Brokers. Do you find the lending restrictions these days affect adversely the housing affordability. Elaborate.
Number one issue is by far is credit. As you know we are going through a cycle where a huge percentage of our population has in some form or another been damaged or affected by the down ... more
0 votes Share Flag Fri Feb 17, 2012 Financing in 80916
Dan Tabit, Real Estate Pro in Sammamish, WA
Dan Tabit answered:
Can I use my rental income as income when applying for a mortgage?
Marion,
Yes, absolutely. You will need to provide copies of the lease and possibly verify you are receiving the rent through bank statements. Because your 100% occupancy is not the ... more
0 votes Share Flag Tue Apr 29, 2014 Home Buying in 80906
Margaret Has…, Real Estate Pro in 33544
Margaret Hassani answered:
Where can a convicted felon rent in Colorado Springs?
It can be difficult, but if you keep trying and are honest about the felonies, you will find a place. Craigslist has lots of homes for rent, many of them by personal owners. That may b ... more
0 votes Share Flag Thu Jan 19, 2012 For rent in Colorado Springs
Walter 'Skip'…, Real Estate Pro in Brea, CA
Walter 'Skip' Kersten answered:
I want to rent out my condo. Is it better to find a second home before I rent out my condo or after it has been rented?
Hi Natalie,
The first thing to do is talk to a lender. If you need to include the rent in order to qualify for the new home, there are some equity requirements. Getting loans on seco ... more
0 votes Share Flag Thu Jan 19, 2012 Home Buying in Colorado Springs
Joan Valverde, Real Estate Pro in Colorado Springs, CO
Joan Valverde answered:
nearby hospital
Gertrudes are you asking what hospital is most near you at your neighborhood on Powers? St Francis Penrose, is East of Woodmen and Powers. If you are way South on Powers, you can go t ... more
0 votes Share Flag Tue Jan 3, 2012 In My Neighborhood in Powers
Brenda Feria, Real Estate Pro in 23233
Brenda Feria answered:
Our house is not listed on Trulia, but it has been on the market for approximately 60 days. How does our house become listed on Trulia? thank you
If your house is listed with an agent, your agent can enter your home on Trulia. If you are selling the house yourself, you may enter the listing. You would need to set up an account ... more
0 votes Share Flag Thu Dec 20, 2012 Home Selling in 80921
EdithJasser…, Real Estate Pro in 60093
EdithJasser YourRealtor4Life answered:
Thanks for the general answer to " What is the average turn around rate for selling homes in Colorado Springs?" but what are the statistics?
Contact a local Realtor who has access to the multiple listing services of your area and can get you the numbers you are looking for, but you also should communicate the details of your ... more
0 votes Share Flag Sun Jan 22, 2012 Home Selling in 80907
EdithJasser…, Real Estate Pro in 60093
EdithJasser YourRealtor4Life answered:
What is the average turn around rate for selling homes in Colorado Springs?
Hi even if you get an average time from a local Realtor, it will not matter much, because in today's market
most if not all areas are buyers markets, i.e. more homes offered for s ... more
0 votes Share Flag Sun Feb 9, 2014 Home Selling in 80907
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
I wanted to pay asking price for property,selling agent wouldn't accept the offer and turned in a lower offer so she would receive all commission
Unclear, are you working with your own agent, and if so what is he/she suggesting. Generally the listing agent has no business accepting/rejecting/counteroffering any offers on behalf o ... more
0 votes Share Flag Wed Dec 14, 2011 Home Buying in 80918
Barb Schiapp…, Real Estate Pro in Colorado Springs, CO
Barb Schiappacasse answered:
affordable rentals for disabled
Hello Jennifer. Looking for the perfect rental unit can be tough enough but when you need to find one that will accomodate special needs, well it can be a real challange. I know becau ... more
0 votes Share Flag Wed Nov 16, 2011 Remodel & Renovate in Colorado Springs
Bernie McDon…, Real Estate Pro in Colorado Springs, CO
Bernie McDonnell answered:
What are the options for someone with negative credit rating to rent or purchase?
The best suggestion is to talk with a good mortgage lender to find out what you can buy and when. You don't know what you don't know. I can give you some excellent people to ... more
0 votes Share Flag Tue Oct 25, 2011 Rent vs Buy in Colorado Springs
Marc White, Real Estate Pro in Boone, NC
Marc White answered:
Too good to be true? Is this common and if so how can/do I avoid potential for fraud and how can I verify legitimacy?
I would have an attorney verify any contract or lease agreement before signing anything.
0 votes Share Flag Tue Oct 4, 2011 Rentals in Colorado Springs
Karen Ahrens, Real Estate Pro in Colorado Springs, CO
Karen Ahrens answered:
need an appraiser for Lockridge Dr. CO 80908 anybody know that neighborhood?
Hi Michael,
I know that neighbothood, are you needing just any appraiser or do you want someone that does appraisals in that area? I use to live in Wissler,
Karen Ahrens
719-339-005 ... more
0 votes Share Flag Sat Aug 27, 2011 Home Buying in Colorado Springs
Michael Cheng, Real Estate Pro in San Jose, CA
Michael Cheng answered:
I have a 2 bed 1.5 home with 1100 sq feet. Not allowed to add on because of zoning. If I convert my 1car garage legally will I lose value on the home?
Due to similar constraints, many people in the Bay Area also choose to do garage conversions. In general, such conversions have little to no impact on the value of the home upon resale ... more
0 votes Share Flag Sat Oct 22, 2011 Remodel & Renovate in 80906
Kristi Defaz…, Real Estate Pro in Colorado Springs, CO
Kristi Defazio answered:
Can there be multiple offers from different home buyers when a property has an active 1st right of refusal in Colorado?
The best practice with a short sale is to only submit one offer to the bank at a time because you want the bank to take you seriously and not get confused with different offers coming i ... more
0 votes Share Flag Mon Sep 26, 2011 Home Buying in Colorado Springs
Sue Bigus, Real Estate Pro in Colorado Springs, CO
Sue Bigus answered:
What are the best areas for young professionals in Colorado Springs?
Hello,
Congrats on your opportunity to move to our wonderful town! Call me and we can talk about neighborhood options, there is too much to write about here! 719-229-5889
0 votes Share Flag Wed Sep 14, 2011 Home Buying in Colorado Springs
Chuck Wartman, Real Estate Pro in Colorado Springs, CO
Chuck Wartman answered:
Short-sale bank (Chase) decides on its' own to change an ACCEPTED/SIGNED contract a day before closing.
The thing that pops out at me first is that you said you got an FHA loan. If the home was an FHA insured home then they will ONLY pay 1% towards buyers closing costs. I dont know your s ... more
0 votes Share Flag Fri Jun 24, 2011 Foreclosure in Colorado Springs
Sameer Punja…, Real Estate Pro in Fairfield, CA
Sameer Punjani answered:
If the appraisal deadline is missed, and the buyer asks for an extension, what happens? We are the sellers.
Well contracts are signed by all parties so they can follow the terms and conditions. In California, if this is the case, your agent would send out something called, "notice to bu ... more
0 votes Share Flag Tue Jun 21, 2011 Home Selling in Colorado Springs
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