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Home Selling in Colorado Springs : Real Estate Advice

  • All528
  • Local Info50
  • Home Buying145
  • Home Selling41
  • Market Conditions22

Activity 48
bobmarley, Home Owner in Honolulu, HI
Mon Dec 17, 2012
bobmarley answered:
Robert McGui…, Real Estate Pro in Denver, CO
Sat Dec 15, 2012
Robert McGuire answered:
Catherine,

First list it with a local Realtor who knows your area and the values in your community. Once they meet with you and the price is determined and the other particulars for your home are clear, the agent will list your home. Find an agent who is tech savvy, has Realtor.com 'enhanced service' and a system like ListHub that will automatically post your home on dozens of websites and search engines. This type of exposure is critical in this market and real estate climate to have the most favorable results in the marketing and sale of your home.

Robert McGuire ASR
Realtor/Consultant
Your Castle Real Estate
Direct - 303-669-1246
http://about.me/robertmcguire33
... more
0 votes 5 answers Share Flag
Chuck Birger, Real Estate Pro in Colorado springs, CO
Sat Nov 3, 2012
Chuck Birger answered:
This property is a regular listing. In fact a nice one.
Call me at 719-761-3099 and I will schedule a preview.

Chuck Birger
0 votes 8 answers Share Flag
Chuck Wartman, Real Estate Pro in Colorado Springs, CO
Fri Sep 14, 2012
Chuck Wartman answered:
Hello Matt, Probably like yourself I have seen BPO really cause havoc on an otherwise straight forward short sale. I like to meet them and give them comps as well as point out things that make a difference to the homes value. The dangerous thing to do is let them in all on there own. It really is rolling the dice. ... more
0 votes 3 answers Share Flag
Chuck Wartman, Real Estate Pro in Colorado Springs, CO
Fri Sep 14, 2012
Chuck Wartman answered:
Hello It is very important you use a Colorado Springs Short Sale Specialist. Short Sales are my promary business. I am happy to help you. Please feel free to contact me for help
0 votes 7 answers Share Flag
Monica Breck…, Real Estate Pro in Colorado Springs, CO
Sat Sep 8, 2012
Monica Breckenridge & Pink Team answered:
I'm so sorry you are underwater on your home. A lot of homeowners are in this situation right now. Here are some possible options for you:

1. Contact an investor to see if they are interested in buying your house. Believe it or not, there are investors out there willing to buy underwater properties with owner financing.

2. Rent out your house. The rental market is very hot right now and rents are high and days on market are low.

3. Come to closing with money-If you in a position to bring money to closing and you don't want to rent out the house, then this may be an option.

4. Short Sale-This is where you sell your house for less than what you owe. However if you are current on your payments, you will need to get your banks permission to do a short sale first. If you have a VA loan you can do a short sale while being current and purchase a new home again right away. A short sale isn't always your best option. If you want to talk about please call me.

Monica Breckenridge
(719) 393-PINK (7465)
... more
0 votes 4 answers Share Flag
Suz A, Real Estate Pro in Longmont, CO
Fri Sep 7, 2012
Suz A answered:
Thank you, Brismom. Thank you for stating the best reason to live in an HOA community.

That is, indeed, a terrific suggestion from Sandy Kinslow. You might just have to find the next creative couple who will feel welcome next to your neighbor. I also enjoyed the candy corn story from Gerard Carney. No question, there is a difference of perspective that exists. Some people call them junked cars and some call them "yard art" in rural areas. It might take longer to sell, but hang in there.

A suggestion for getting the cleanup going and keeping it that way is what I will call "beer diplomacy." You can use brownie diplomacy, too. But, I bet it's the man of the house who handles this chore. Invest in a six-pack and take to the neighbor. Sprinkled with a few pleases, you can illicit some sympathy and maybe cooperation. I hesitate to call the city.

I can identify with Sandy, and I even have my own story about a neighbor and his 24-hour power saw "hobby." That neighbor had even asked me to tell them if all the noise was bothering me. When I did, they were taken aback. Boy did it turn frosty from that direction.

That is a tough situation, Brismom. Best of luck.

Suz
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0 votes 10 answers Share Flag
Darrell D. D…, Real Estate Pro in Schertz, TX
Fri Jul 20, 2012
Darrell D. Drouillard answered:
In terms of repayment requirements, they refer to net gain. Several of the closing costs on the front end can be added to the original sales price to reduce net profit at sale. But, if you want to pay nothing back, you should seek out the advice of a tax expert or accountant that can advise you on specifics of what your total cost was at purchase (purchase price plus applicable closing costs that may be included) and compare this to sales price (contracted price minus acceptable fees and payments) to determine the end number that will most affect the net proceeds.

As a former Veteran that spent 2 years at Bragg in the 90's, I wish you the best of Luck!!


Darrell D. Drouillard
Home Team of America
16719 Huebner Rd., Bldg 4
San Antonio, Texas 78248
210-373-6160
210-881-6760 (Fax)

www.dddrealtor.com

'Serving all Your Real Estate Needs'
... more
1 vote 5 answers Share Flag
Pamela Mills, Real Estate Pro in Colorado Springs, CO
Wed Jun 27, 2012
Pamela Mills answered:
I have several double wides in parks for sale, 3/2, $35000. to$ 47,000.
0 votes 6 answers Share Flag
David Burnham,  in Washington, DC
Tue Jun 21, 2011
David Burnham answered:
If it is an FHA loan, then there are no penalties for missing the appraisal. If it is not an FHA loan, then I would sign the extension and continue on unless you know for a fact that the buyer is dragging their feet.

Chances are the buyers are excited about the home and working to provide the lender with all the information they can in a timely manner. Banks tend to drag their feet as do appraisal companies. Neither of these are the buyer's fault and your quickest way to settle the home is still with your existing contract.
... more
1 vote 2 answers Share Flag
Kevin Olson,…, Real Estate Pro in Colorado Springs, CO
Wed Jun 8, 2011
Kevin Olson, Jessica Laude answered:
Renting it out might not even be an option depending on what your HOA rules and bylaws are. You might have to apply for a "permit" to rent it out depending on where your HOA stands and if they are close to losing FHA approval.

Condos in Colorado Springs have been hit so hard with foreclosures and REOs that in order to compete you have to sell at a much lower price. Unfortunately no one is going to pay more than any regular buyer is going to in any area.

Contact someone direclty to discuss your specific situation. You might have several options available to you. We do offer a free of charge consultation to help people figure out where the stand and what options they might have.

Thank you,
Jessica & Kevin
719-799-3686
... more
0 votes 6 answers Share Flag
Lyle Wolf, Real Estate Pro in Morristown, NJ
Sun May 1, 2011
Lyle Wolf answered:
There was a time when the people working for banks were bankers who spent their working lives in the banking business and learned the business from others who had spent there lives in the banking business.
The "Financial Advisor" in the branch of my local bank just graduated from college. He is totally lacking in experience and the last person I would trust my financial future too.

The "Loss Mitgator" you are dealing with on your short sale could have been the assistant manager of a Red Lobster restaurant only a month ago. He barely knows the real meaning of some of the terminology he is using and is pretty clueless about laws. As for Government Programs and their rules the bank has committed too, his attitude might be so sue us if you don't like doing the short sale on my terms.

The bottom line is that no one should do a short sale without "smart" legal representation. Unfortunately, doing a short sale it is often a game of intimidation.
... more
1 vote 5 answers Share Flag
Brooke Hengst, Real Estate Pro in Centennial, CO
Wed Apr 27, 2011
Brooke Hengst answered:
Definitely speak with a CPA or a real estate attorney that you trust! If you need any good referrals, let me know!!
0 votes 6 answers Share Flag
Matt Pickett, Real Estate Pro in Colorado Springs, CO
Thu Apr 7, 2011
Matt Pickett answered:
You can pay whatever you want as a fsbo seller. the agent working the deal from the other side will let you what he will work for and you can take it or leave it
0 votes 20 answers Share Flag
jo,  in Hollywood Hills, Los...
Wed Mar 23, 2011
jo answered:
Tracy, your not asking Trulia when you posted your question, your asking the agents by posting here...
0 votes 1 answer Share Flag
Matt Pickett, Real Estate Pro in Colorado Springs, CO
Sat Feb 12, 2011
Matt Pickett answered:
.,  in Colorado Springs, CO
Mon Oct 25, 2010
. answered:
Dan,

Your best bet is to go to the following website to look for your answer:
http://www.irs.gov/newsroom/article/0,,id=215594,00.html

Hope this helps! Let us know if you need help selling your home:-)

Doug DeWitt
719-492-3555
... more
0 votes 8 answers Share Flag
80917home, Home Seller in Colorado Springs, CO
Wed Jul 14, 2010
80917home answered:
The key is to get really cheap..I should know....I speak from experience.
0 votes 11 answers Share Flag
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