Sell Your Colorado House

Are you looking for the perfect place to reside? If so, Colorado Springs may be the place for you! Colorado Springs, located in the South Central part of the U.S. State of Colorado, is absolutely perfect for singles and families alike. On top of having hundreds of beautiful homes to choose from, Colorado Springs, U.S.A. also offers beautiful weather, gorgeous scenery, and many fun and exciting outdoor activities for you and your family. Voted one of the best places to live in America by CNN money, Colorado Springs is one place that you will definitely want to check out for potential homes.

When it comes to weather, Colorado Springs offers beautiful weather year round. With an average of 249 days of sunshine, it is hard to make any weather based complaints! Here in Colorado Springs, the summers are beautiful, the winters are cool, and the precipitation is rare. In summer, temperatures generally range between 80 and 90 degrees, making it hot, but not unbearably so. Winters are cool, but once again the weather is mild, rarely seeing temperatures below 28 degrees. As for precipitation, Colorado Springs receives an average of 16.2 inches each year, making it highly unlikely that you will ever get stuck inside due to bad weather!

If the weather in Colorado Springs isn’t enough to make you search for homes here, perhaps the scenery will be. Here in Colorado Springs you will find over a dozen different parks, hiking trails, and biking trails. Whether you want to hike through the mountains, explore the beautiful and unique rock formations, or just enjoy a picnic in the park with your family, you can do so here in Colorado Springs. The Garden of the Gods, Pikes Peak, Palmer Park, and Seven Falls are just a few of the many nature based parks that you will be able to explore if you decide to purchase a home in Colorado Springs.

On top of gorgeous scenery and beautiful weather, if you decide to live here in Colorado Springs, you and your family will never go bored. When searching homes for sale in Colorado Springs, do not hesitate to check out all of the surrounding activities. If you decide to live here, you will have easy access to plenty of fun and exciting attractions and activities including Royal Gorge Bridge, Cheyenne Mountain Zoo, Cave of the Winds, and Miramont Castle.

Regardless of what you are looking for in a real estate property, Colorado Springs has it all. Gorgeous year round weather, beautiful scenery, and a variety of fun and recreational activities are just a few of the many things that make Colorado Springs one of the best places to live in America. On top of all these things, Colorado Springs has a wide variety of beautiful homes to choose from. Whether you are looking for an apartment, a one story home, or a mansion, you will find what you are looking for in this wonderful city. Contact a Colorado Springs real estate agent today and check out all of the beautiful homes for sale colorado springs here.

Buying a home is one of the biggest and most important investments you will ever make. This is why choosing a home should never be a snap decision and should only be based on the best and most reliable information there is. When searching for Colorado Springs homes, your first step is to hire a realtor. A Colorado Springs home realtor will able to guide you through the process of finding the perfect home, ensuring that you get the most for your money. Let’s take a look at some of the many ways a realtor can help you to find Colorado Springs homes.

Upon meeting with a realtor for the first time, one of the first things that you will discuss is your personal preferences. Because Colorado Springs real estate agents are familiar with the homes in the area, they will be able to match your needs with the perfect home. Be sure to tell the realtor what your budget is, what size you are looking for, what features you are looking for, and how close you wish to be to schools, hospitals, or other amenities. Once your realtor has this information, they can search through their MLS system, narrowing down houses in Colorado Springs to ones that match your needs.

If you are unsure of how to go about getting a loan or are unsure of how much you can afford, a realtor can help you with this as well. Purchasing a home involves a lot of financial investments, some that we may not think of right away (utilities, land taxes, etc). Realtors can help you assess your financial alternatives, as well as help you determine how much you can actually afford after all costs are taken into consideration.

When searching for Colorado Springs homes, it is important to hire a Colorado Springs realtor. Colorado Springs realtors are extremely familiar with the different neighborhoods and will therefore be able to provide you with accurate information about your potential living area. Whether you want to know about zoning laws, property taxes, utility costs, or community services, your Colorado Springs realtor will be able to answer all of your questions.

Once you have found your ideal Colorado Springs home, your realtor will be able to help you negotiate the terms of your purchase. Your realtor will communicate to the seller for you, negotiating deals until both parties are happy with the purchasing terms. Once the negotiations are final, your Colorado Springs realtor will help you to handle all of the legal processes involved in purchasing a home. This will involve things such as purchasing home insurance, registering your mortgage, and your legal fees.

If you are looking at Colorado Springs homes, be sure that you hire a realtor to help you in your journey. A Colorado Springs agent will be able to guide you through the process of finding a home, negotiating with the seller, and completing all legal paperwork. Search for Colorado Springs home realtor today and be one step closer to finding your dream home.

Looking for a new location to reside? If you are, Colorado Springs may just be the perfect place for you. Located in the South Central area of Colorado, U.S.A, Colorado Springs has real estate that is both affordable and beautiful. Not only does Colorado Springs have a large selection of beautiful homes to choose from, but it also offers beautiful year round weather, a comforting and safe community, and fun recreational activities that you and your family can enjoy all year. After reading this article and learning about all that the real estate in Colorado Springs has to offer, this city will definitely become one of your top choices in moving locations.

Buying real estate property in the Colorado Springs area will ensure that you experience what year round beautiful weather really feels like! With an average of 249 days of full sunshine, the weather in Colorado is sure to brighten your mood. Colorado Springs offers residents nearly perfect summers, mild winters, and extremely low amounts of precipitation. In the summers, temperatures in Colorado Springs generally range between 80 and 90 degrees. While you may find the odd day of extreme heat, temperatures rarely rise above 100 degrees. Winters are just as nice.

Although the days and nights can get cool, the average winter temperatures in are in the 30 degree range, making it much more bearable than below freezing temperatures!

Not only does Colorado Springs offer gorgeous weather conditions, it also offers a community environment that is great for raising a family. A great city for raising children, Colorado Springs is a community in which children can excel, learn, and receive a top of the line education. With over a dozen elementary schools, half a dozen middle schools, and half a dozen high schools, Colorado Springs has plenty of educational opportunities that will allow your children to flourish. On top of these schools, Colorado Springs also offers alternative schools and charter schools to accommodate the needs of any family type.

While not in school, you can enjoy some quality family time exploring some of Colorado Springs many popular attractions. One of the most popular things to do in Colorado Springs is explore their beautiful, nature filled parks. Whether you are interested in hiking through the mountains, picnicking and playing sports, or exploring the natural rock formations, Colorado Springs has a park for you. Not only does Colorado Springs have a variety of outdoor activities to choose from, but it also offers top of the line dining, beautiful shopping malls, and plenty of other family friendly activities.

If you are looking for a great place to set up home, Colorado Springs has it all. From beautiful weather, to flourishing educational opportunities, to fun filled parks and attractions, Colorado Springs has something for everyone. Not only is it the perfect place for singles, but it is also the perfect place to raise a family. Contact a Colorado Springs Real Estate agent today and start exploring your options in this wonderful city!

Info PR: n/a Links: 20|10 Density

While the economy has created a ‘buyers’ real estate market with home values plummeting and Colorado Springs foreclosures soaring, who’s buying up the properties that are for sale?  While first time home buyers are on the decline and previous buyers are being turned down because of tight credit conditions, Pink Realty agents are seeing that those with cash are the ones bringing the deals to the table.  And today, it’s typically the investors that have the cash!  Per Lawrence Yun, Chief Economist for the National Associate of Realtors (NAR), “Increases in all-cash transactions, the investor market share and distressed home sales all go hand-in-hand.  With tight credit standards, it’s not surprising to see so much activity where cash is king and investors are taking advantage of conditions to purchase undervalued homes.”

On February 23, 2011, Jon Prior of the NAR summarized the housing sales for January 2011.  All-cash sales increased to 32% of all sales in January, which was up from 29% in December 2010.  Additionally, it was investors that grabbed more of the market share by accounting for 23% of all buyers in January, up from 20% in December 2010 and up 17% from one year ago.

While many investor home purchases will result in a traditional fix and flip sale, the current rental market and trends are also providing a great profit opportunity for investors.  The demand for rentals in Colorado Springs is on the rise because more people are being turned down for home loans and more people are being displaced because of foreclosure or selling their home on a short sale.  Colorado Springs has become a hot rental area because of the number of military personnel in the city, but also because the economy and housing market has caused so many homeowners to lose their homes to foreclosure or because they had to sell their home as a short sale.  All these people are in need of housing and looking for rentals.  This demand has resulted in less than 1% vacancy in Colorado Springs.  Traditionally in Colorado Springs, the 3 bedroom home was always the highest in demand and considered the ’sweet spot’ in the rental market.  The 3 bedroom homes were always rented, never vacant and there were never enough of them to meet the demand for them.  The larger homes that were for rent were not in demand and stayed vacant.
However, today the demand for 4 and 5 bedrooms homes is increasing.  As more and more middle class families are displaced, the need for the larger rentals increases.  These larger rentals also bring a nice price point to the balance sheet.  The current rental rate for a 3 bedroom single family home is $1140 per month and the 4 and 5 bedrooms are $1374 and $1789 respectively.

Call Pink Realty today at 719-393-7465 (Pink) to talk to an agent and see what great deal is out there waiting for you!

There is no doubt the opportunity for investors to ’snag the keepers’ is now.

While wholesaling and fix and flips bring fast and big profits, more investors are adding the right ‘keepers’ to their portfolio mix as rentals for additional long-term passive income.  With the market trend shifting toward larger rentals, investors should also note that the larger homes with higher mortgages tend to get discounted more by the lenders when working a short sale.  Many of these higher end homes are simply in need of paint and carpet.  We have seen nice homes in the Stetson Hills area that needed as little as paint, carpet and linoleum flooring, but the homeowners couldn’t sell to a retail buyer because the buyers wanted a completely fixed home.  Investors can buy homes for sale Colorado Springs for around $125K and get them turned into great rentals for about $10K.  Cash flow on these short sales or bank owned properties would be very high.

If you call a Pink Realty agent, we would be happy to scour the market for you and find you a great property that will meet your needs.

Are you an investor who wants the upside of an investment property and today’s really cheap prices and huge cash flows but don’t want to at it alone?

The owners of Pink Realty are active, experienced investors and are always looking for partners on deals.  Just give is a call at 719-393-7465 (Pink) and ask to talk to Russ or Monica about partnering on deals.  We would be happy to talk to you.  Just tell us what you want to bring to the table and we will see how we can work together.

•    Do you qualify for the loan to buy the house?  A common strategy investors are using now is to buy houses with cash, remodel the houses and then refinance the property with zero money out of pocket.  We have investor friendly lenders ready to do these types of loans.

•    Maybe you have a small amount of cash available and we can short a 2nd loan and bring the 1st mortgage current on a good property.

•    Maybe you have a larger amount of cash available making 1% at the bank or in an IRA and you want to do something more productive with it but don’t know exactly how.  We can find a really cheap house that we can buy, fix up, and rent.

A short sale is when a lender agrees to allow a mortgaged property to be sold for less than what is owed on the mortgage.  While lenders don’t like their mortgages ’shorted’, they do understand the benefits.  Lenders know the loss incurred from a short sale is far less than the loss they will incur if they allow the property to go into foreclosure.  Foreclosure is very expensive process for lenders as it not only incurs expensive legal fees, but also adds the expenses of maintenance, advertising and selling, insuring the home and paying property taxes.  Lenders are not in the real estate business, they are in the business of making loans, so they know that selling a property as a short sale definitely has its financial advantages.

Today, everyone knows the real estate market is depressed.  The majority of Colorado Springs homes are distressed properties that are either advertised as a short sale or a foreclosed home.  Property values across the country have fallen and lenders have tightened their credit requirements.  The market has increased the competition between selling a home as a short sale and selling a home at a retail price.  While this market causes distress for sellers, it creates prime opportunities for Pink Realty agents home buyers to find great discounted deals on properties for their clients.

The current Colorado Springs real estate market also allows home buyers to seriously scrutinize the price of retail homes.  They aren’t willing to pay retail price for a home unless it is in perfect condition as there may be several other similar homes in the same neighborhood selling at a steeply discounted price.  This increases the competition between the short sale and retail properties for sale, however many buyers want to shy away from short sale properties because of some negative stories they may have heard.  We won’t sugarcoat the short sale process for you.  It can take time and be frustrating, however, if you work with a Pink Realty agent who is experienced and knows and understands the short sale process, it helps.  A real estate agent who has a good success record for getting deals done (and the Pink Realty team has closed hundreds of short sales) can make the short sale process appear seamless.

With that said, there are many advantages for buying a home as a short sale.  If you are aware that the process can take longer than a retail sale, you can be prepared and plan ahead.  Below are the 10 top advantages for purchasing a home as a short sale:

1.  With so many distressed properties on the market, you have a huge inventory of homes in a wide variety of neighborhoods to choose from.

2.  Unlike foreclosed or REO homes, you have the opportunity to talk to the seller of seller’s agent about short sale homes and to find out more information about the home.  This allows you to determine what, if any, repairs may be required.  In many cases, the repairs needed for a short sale property are far less than those needed for an REO property.

3.  You can obtain a home for a substantial discount which saves you thousands of dollars and offers you great future equity.

4.  Since the seller is trying to avoid foreclosure, they are cooperative and play an active role in the short sale process, which moves the process along faster.

5.  Because the homeowners are involved, they generally see the process through to the end.  As a result, they tend to keep the properties in better condition than a home that has been foreclosed on.

6.  When you work with a Pink Realty agent that understands short sales and works with an experienced short sale negotiation team, the short sale process is streamlined and takes less time.  Oftentimes, homebuyers work with a real estate agent that is experienced in the retail market, not the short sale market.  If a homebuyer wants to put an offer on a short sale property, but is working with a real estate agent that is not familiar with short sales and the process, it can end up being a nightmare for the buyer.

7.  Another way to minimize the time a short sale takes is to search for short sale properties secured by a FHA loan.  The FHA pre-foreclosure sale program requires that the lender provide the minimum sales price and the minimum net they will allow.  Therefore, you know what offer must be made and it shortens the short sale process tremendously as the ‘price haggling’ part of the process is eliminated.

8.  Additionally, if you purchase the home as a qualifying FHA buyer, meaning you are receiving a FHA loan to buy the property, the short sale lender agrees to pay 1% of your closing costs saving you additional money.

9.  If you are pre-qualified for a home loan from your lender or intend to purchase the property as a ‘cash’ deal, the short sale process also moves along faster.

10.  Buying a short sale property also helps stabilize the market and improve the condition of the neighborhood you are buying in because it keeps one more property from being foreclosed.  Foreclosed properties lower the value of neighboring homes more because they are vacant, less maintained and increase the risk of crime and vandalism to the vacant homes.

Pink Realty is known for its talented and experienced short sale agents.  Our real estate agents know the Colorado Springs foreclosures and they know and understand the short sale process.  Additionally, we work directly with an experienced short sale staff that has a known tract record for successfully negotiating short sale deals.  If you are a home buyer in the market to purchase a home, contact Pink Realty at 719-393-7465 (Pink).  Our agents will help you find the home you are looking for.