Understanding Clouded Titles

Understanding Title Clouds, Colorado Springs Real Estate
When you buy a house you certainly don't want to inherit someone else's debts or legal problems. This is one reason for a title Insurance policy. Title Insurance protects or insures that you have "Clear Title" to your property. Clear Title means that there are no liens, claims, judgments or problems with the title. The aim is to define the undisput...
Continue reading
2335 Hits

Why People Move to Colorado Springs

Why People Move to Colorado Springs
There are probably a gazillion reasons why so many people are moving to Colorado, year after year, and after 27 years of living here myself, here are just a few of my own: WE HAVE JOBS! And we apparently have A LOT of them, and in a wide range of industries, especially in the professional and business sectors. As of November, 2016, the unemployment...
Continue reading
2548 Hits

What is the Difference Between Prequalification and Preapproval?

mortgage prequalification vs preapproval
Prequalification vs. PreApproval Prequalification and preapproval are two important real estate finance terms. Unfortunately, these terms often get confused. The difference is important as it describes a lender's actual level of commitment to a home buyer. Interchanging these terms can create problems during the home buying process. Prequalificatio...
Continue reading
59 Hits

Everything You Need to Know About Mortgages

The world of home financing is a multi-faceted one and we at Springs Homes would like to help you understand the ins and outs of the mortgage world. Much of the confusion and seemingly random nature of the home loan and mortgage process has to do with where the money comes from and how it flows.  There are multitudes of exceptions and guidelin...
Continue reading
65 Hits

Just Listed! 3515 Mosswood Lane Colorado Springs CO 80910

Just Listed! 3515 Mosswood Lane Colorado Springs CO 80910
Mosswood Exteriorcover
Mosswood Kitchensm
Well, if this isn't the cutest house! Check out my new listing.  Built in 1972, this charming home features 4 bedrooms, 2 baths and over 1,600 finished square feet!  Includes updated kitchen with Silestone counters, new cabinets, new sink/faucet, new flooring, new roof, new carpet, new lighting, new windows, new doors, new paint, updated ...
Continue reading
2373 Hits

Southern Colorado Insurance Changes

Southern Colorado Insurance Changes
I love it here... so thankful for limited natural disasters like tornado, hurricane, earthquakes. However, Colorado is still subject to blizzards, hail, wind, and fire. 2012 and 2013 were devastating locally when it comes to fire. Much of those homes have been rebuilt. So, let's talk about the unfortunate weather issues of 2016 And how it's changin...
Continue reading
2108 Hits

Fears and Worries of Home Buyers

Fears and Worries of Home Buyers
b2ap3 large one
b2ap3 icon two
b2ap3 icon three
b2ap3 icon four
Have you, or someone you know, been considering purchasing a home but the associated worries seem to be too overwhelming? Here are a few thoughts that should hopefully help alleviate those concerns. Worried about the associated costs required to purchase a home? Worried that you will not be able to take vacations or go out to dinner or plan for ret...
Continue reading
2143 Hits

Cash Buyers for Homes: Pros and Cons

Cash Buyers for Homes: Pros and Cons
Right now I'm working with a cash buyer, meaning they do not have to get a loan to purchase a home.  Often times cash buyers ask "can I negotiate more since I'm paying cash?"  Here is what I tell them:  Advice for Cash Buyers Being a cash buyer is great because you don't have to wait the usual time for a mortgage loan. You can usuall...
Continue reading
2380 Hits

What is a Loan Commitment?

The Loan Commitment is the final stage in the home mortgage financing process. At this point you should have gone through “Pre-Qualification” and “Pre-Approval”. These are both important prerequisites to purchasing a home but neither one of these processes require actually having a particular home in mind, they just let everyone involved know that ...
Continue reading
62 Hits

Colorado Appraisals Get More Expensive

Colorado Appraisals Get More Expensive
People often confuse a home inspection with a home appraisal. To clarify, a home inspection is to determine the condition of the home and inclusions. A home appraisal is a formal opinion of value to determine what the property is worth. If you're getting a new mortgage your lender will require an appraisal in order to justify the sal...
Continue reading
2212 Hits

More About Meridian Ranch - Part 2

More About Meridian Ranch - Part 2
Slide1
PERHAPS YOU'VE PLAYED THIS GAME BEFORE? BUT TODAY YOU'RE BARELY SURVIVING. There you are. You’re on a brisk walk with the kids. You notice a speeding Beamer zooming toward your youngest. Your toddler. She's about to cross the road. You think, “hey, we need a cross-walk here” catching her bolt just in time. People need to know we l...
Continue reading
2074 Hits

Tankless vs Tank Water Heaters: What's the Best?

Tankless vs Tank Water Heaters: What's the Best?
I've often wondered, so maybe you have too, what the best style of water heater is for a home. The tankless option which came out years ago to provide more energy efficiency seems to be a great option, because water isn't sitting in the typical stand-up tank being heated and unused.  However I wanted to get some expert advice, so I consulted w...
Continue reading
2138 Hits

Why Buyers Should Get Sewer Inspections

Why Buyers Should Get Sewer Inspections
A lot of first time homebuyers may not be aware that sewer inspections are not part of your routine home inspection. This is so important. Buying a home & moving is stressful enough as it is. Finding out that you have a bad sewer line after closing would just add to that list. Sewer line inspections can range from about $150-$300. Plumbers will...
Continue reading
2205 Hits

Getting to Know Meridian Ranch

Getting to Know Meridian Ranch

YOU’RE STUMPED SOMEWHERE Maybe you’re just scoping Meridian Ranch from afar. Or maybe just want to know—WHO RUNS MERIDIAN RANCH? I did. This post kicks off the Brain Builder series for Meridian Ranch at Falcon Colorado. You ready? Sure, there’s no such Meridian mayor running the place. But are you wondering…WHY ISN&rs...
Continue reading
2928 Hits

9 Things Which Give Value to a Neighborhood

9 Things Which Give Value to a Neighborhood
I recently wrote a blog about things which devalue a neighborhood. Now it's time to talk about things which add value to one:   1. School District - Being in a desirable school district always adds value to a property. In fact, I sometimes get phone calls from out of state buyers who are coming to Colorado Springs and have already targete...
Continue reading
3401 Hits

Good Faith Estimates

In previous articles we discussed loan pre-approval and pre-qualification, which occur when a borrower makes a loan application. The big takeaway from this process will ultimately be a “Good Faith Estimate” or (GFE). This is a form that details the basic information about the terms of the loan for which you have applied as well as a breakdown of th...
Continue reading
47 Hits

2016 Parade of Homes in the Books

2016 Parade of Homes in the Books








The Colorado Springs HBA Parade of Homes is one of my absolute favorite local annual events!!! Anyone who knows me knows I don't like hot weather, and this tradition marks the beginning of school and a general cooling trend as we head into fall. Not only that, but I LOVE seeing new design trends... building styles, colors, features, locations, furn...
Continue reading
2859 Hits

Open House this Wednesday and Saturday in Forest Meadows

Open House this Wednesday and Saturday in Forest Meadows
Come Try Out This Private Master Balcony!!! We are holding open houses at this lovely home Wednesday August 24th, 3:30 PM to 6:00 PM and Saturday August 27th, 10 AM to 1:00 PM. For more details on  our listing at 7778 Chasewood Loop, Colorado Springs 80908, go to  https://www.springshomes.com/mls/6453302-7778-Chasewood-LP-Colorado-Springs...
Continue reading
2237 Hits

9 Things that Devalue a Neighborhood

9 Things that Devalue a Neighborhood
I recently read an interesting article about home prices and what can make a home more or less valuable.  Below is the list of nine top things which devalue a property or neighborhood, and my commentary on each: 1. Bad School District -  I completely agree with this one.  Families with school age children are especiall...
Continue reading
4159 Hits

Just Listed - Land with 360 degree views & rock formations

Just Listed - Land with 360 degree views & rock formations
Lot 5
When you think of Colorado, this piece of land could be the state's official postcard. 1.67 acres of land in Cripple Creek Mountain Estates Community with rock formations and to die for views. Community benefits include, Fitness Center, heated Indoor Pool, Library and playground. For more information, visit www.goldencyclecircle.com , or ...
Continue reading
2287 Hits