Colorado Springs Vintage Homes Blog
719.287.1049
Archive for August 6th, 2008
Colorado Springs Home Inspectors, worth their weight in gold
Home Inspection FAQ’s
Knowledge is Power!
Search for Houses in Colorado Springs
Other Buyer Articles:
- Pre-Qualification or Pre-Approval, which do you need to buy a home?
- Why its great to be a first time home buyer today
- Homes sold “As Is” in Colorado Springs….what does it mean?
What goes Into a Home Inspection:
A home inspection gives the buyer an impartial, physical evaluation of the overall condition of the home and items that need to be repaired or replaced.
Finding a Home Inspector:
Home inspectors are not regulated by any federal government agencies and in most states do not require licensing. Inspectors are not licensed in Colorado, which includes Colorado Springs. It is up to the buyer to ask prospective inspectors questions about their experience and knowledge to make a wise choice on whom to hire. The following are some general guidelines when looking for a home inspector: Read the rest of this entry »
33 unique things to do in Colorado Springs — #1
Patsy’s Candies in Colorado Springs
Search for Homes in Manitou Springs
Wanting something to do in Colorado Springs when the weather won’t cooperate with other activities? How about a visit to Patsy’s Candies with its intoxicating chocolate aromas? It’s located at 1540 S. 21st, Colorado Springs, CO 
80904. They even offer tours of the factory and what a glorious place it is.
It all started in 1903 when Patsy Mahenney of Terre Haute, IN decided to bring his confectionery business to Manitou Springs after supposedly losing one of his recipes in a poker game. The winners named their company Cracker Jack and started mass producing this recipe and adding peanuts.
He started his business in front of Read the rest of this entry »
Colorado Springs Old North End, one of the finest residential areas!
Historic Homes in Colorado Springs
Search for Historic Homes in Colorado Springs
In a letter written to Robert Cameron who was the city’s first city planner, Palmer described one of his main ideas, “it should be made the most attractive place for homes in the West.” And so, the Old North End became one of the finest residential areas for homes in Colorado Springs.
North of downtown Colorado Springs, Palmer set aside land for a college or university (present day Colorado College) the land to the north would eventually become the Old North End though Read the rest of this entry »
How do I measure the square footage in my home?
How do I measure a home?
Search for Homes for Sale in Colorado Springs
Related Articles
- Top 7 Appraisal Myths for Homes in Colorado Springs
- Colorado Springs Home Inspectors, worth their weigh in gold
In many areas of the United States, including in Colorado and Colorado Springs square footage size is one of the primary 
and common measures of value comparison for homes used by agents, buyers and sellers. It offers a way to evaluate and compare homes of similar size, quality and location. Agents and buyers use the square footage in this manner because it is an easy characteristic of a house to understand.
Most Colorado Springs Realtors aren’t experts at measuring a home, and there are numerous ways to measure the square footage of a home. It is definitely not a matter of Read the rest of this entry »
Should I buy a Short-sale?
Buying a Short Sale property can be a great way for a home buyer
in Colorado Springs to get a good deal
Make sure you understand the facts of a short sale — Knowledge is Power!
Related posts:
What is a Short Sale?
A short sale occurs when a house is worth less than the mortgage, and the seller’s lender accepts less than what is owed on the mortgage.
As an example, a seller may have a mortgage of $250,000. The seller is taking a job in a new city and the house is now only worth $220,000. A buyer makes an offer on the house in the amount of $220,000 and the net proceeds to the bank is $205,000 by the time the owner pays the real estate commission and the seller’s closing costs. The buyer and seller sign the contract but the offer is subject to approval by the lender, as the bank than must agree to accept $205,000 vs. $250,000 to pay off the loan.
Some statistics say that a lender typically loses about Read the rest of this entry »
Real Estate Dictionary — “A” is for Absorption Rate
Knowledge is Power
What does Absorption Rate mean to me as a buyer? An Absorption Rate is an estimate of the rate at which a particular classification of space (house, condo, new housing, etc.) will be sold within the next year. A high absorption rate, means that it is a Buyer’s Market.
I’m moving from Colorado to Oklahoma; my Oklahoma Realtor said that I need to get an Abstract on the property I’m buying. An Abstra
ct is a document that is a full summary of all proceedings affecting a parcel of real estate together with a statement of the present status. In Colorado Springs, title searches are used in place of abstracts.
What does it mean when my agent says the contract has been accepted? Acceptance is an expression of intent of a person receiving an offer to be bound by the terms of an offer. In Colorado, acceptance must be in writing
What is an addendum to a contract? An addendum is Read the rest of this entry »
Relocating to Colorado Springs, it’s all about the schools
Are you relocating to Colorado Springs?
For a Free Colorado Springs Relocation Guide, Email Kathy Torline at KTorline@msn.com
One of the most important elements to look at these days when buying a home is school districts according to a study by Trulia.com. Some studies have also found that despite the overall downturn in residential real estate, homes in highly rated school districts have kept their value better. And in many cities, home buyers are willing
to pay a premium for areas that schools considered better than average.
Most people agree that home buyers are attracted to neighborhoods with good schools, but not everyone agrees on what makes a good school. Some families want schools with high teacher-student ratios, others look for schools with good sports programs, others look at the testing information, and others may look for smaller schools with less students. And some home buyers may focus on the high school graduation rate, or whether they have an honors program, or a program for disabled children, or the Read the rest of this entry »
