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80922 : Real Estate Advice

  • All14
  • Local Info0
  • Home Buying5
  • Home Selling0
  • Market Conditions1

Activity 10
Sat Feb 25, 2017
Stephanie.kimak asked:
This is for the property listed at 4375 Golden Glow Vw #204, Colorado Springs, CO 80922
0 votes 0 Answers Share Flag
Tue Nov 24, 2015
Thait2001 asked:
Hi, I've created my rental posting at a day ago and it is still not showing up on (3918 Kings Island Pt, 80922). Please check. Thanks.
0 votes 0 Answers Share Flag
Thu Feb 26, 2015
Terry Naber answered:
That price range in Springs Ranch is tough. There is a much bigger supply than there is demand in the whole Powers area for the $300k+ price range.Buyers can be very selective. Buyers in that price range can buy homes in 80920, District 20, and other more popular/prestigious locations, as well as the "American Dream" of having their home built.

I had a seller with a lovely home in the area that was listed for $335,000, higher than I recommended. It was in great condition, but had dated decor and "taste specific" colors. I recommended necessary changes and a price drop-which they finally did. The house went under contract quickly, then.

Clearly, with the abundant choices buyers have in your area and competing areas, your house absolutely "WOW" the buyers. Either the upgrades, the location, the amenities or the price, (or a combination thereof) have to make your home stand out among its competition. You might want to have your agent take you through some of your toughest competition to get ideas.
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0 votes 6 answers Share Flag
Wed Jan 22, 2014
Jeff Johnson answered:
It really depends on you and your situation and the kind of home you're looking to rent. Alot of factors. Property values are expected to rise still. We're not at the lowest point, like we were a couple years ago, so it's not as good as if you had bought in 2011. However, I'm buying rentals still and I believe it is a great time. Here's my strategy in a nutshell. Buy one that is livable, but not real nice. Rent it for what you can get. You'll be able to purchase it at a good price since it's not totally updated and rent is not significantly lower.. The reason I don't fix up the house or buy a remodeled house to rent is that the amount of extra rent you'd bring in will not make up the difference in value that you'll lose because no matter how good the renter, they NEVER take care of it as good as you would. You'll still have to replace things. So buy something that needs some updating or work. Rent it as is for what you can get. Then when you're ready to move in, do all the fixing up and make it perfect for your taste. ... more
0 votes 6 answers Share Flag
Wed Jan 22, 2014
Bill Eckler answered:
Probably not.....unless the owner has protected you as a potential buyer via their sales initiative.

I'm curious to know why you are bent on going "solo" on this often challenging experience. The fact of the matter is the seller pays the fee for professional services(commission), thus this expense should not be a concern for the buyer.

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0 votes 15 answers Share Flag
Wed Oct 16, 2013
Ben Quigley Team answered:
It rebounded for a short time in the spring and early summer of 2013 but seems to be flat again. We are hoping for another upswing later in the year.
0 votes 3 answers Share Flag
Thu Feb 7, 2013
Pamela Weatherford answered:
There are many property managers that are realtors that also sell homes. I would suggest you interview your property manager to see what they do to get your property sold. I would also suggest you then interview one or two more agents to compare what they do. This can all be done over the phone, Skype or FaceTime. I work with one of the largest companies here in Colorado Springs and I would love the opportunity to tell you what I can do to get your property sold. Give me a call at 719-661-8672. If you have Skype or face time we can schedule a time there to meet. I look forward to hearing from you.
Pamela Weatherford
Keller Williams Clients Choice
... more
0 votes 1 answer Share Flag
Mon Sep 3, 2012
Craig Mcconnell answered:
Has your home sold in Maryland yet? If you are still coming to the Colorado Springs area, we would love to help you out with finding a rental or your next home! Please give us a call anytime! ... more
0 votes 1 answer Share Flag
Tue Oct 4, 2011
Lynne Horner answered:
Jose, I am sorry to hear that you are in danger of having your home foreclosed. There may still be time to do a short sale, but you will need to contact an attorney or Realtor as soon as possible. It is unlikely that you will be able to buy again for a couple of years. Focus on getting your home listed as a short sale and then work on your credit to be able to buy a more affordable home in the future. Good luck! ... more
0 votes 11 answers Share Flag
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