Colorado Springs Vintage Homes Blog
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Archive for August 11th, 2008
Real Estate Dictionary — “C” is for CMA
Knowledge is Power
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Who has capacity to sign a contract? Most adults have capacity to sign a contract, even if they are illiterate. A minor, typically does not have capacity to sign a contract.
I heard
someone say that I needed to look at the CC & R’s in the subdivision. CC & R’s stand for covenants, conditions and restrictions; which are considered private restrictions on the use of the property. Many new subdivisions in Colorado Springs and Monument have CC & R’s.
What does caveat emptor mean? It is a Latin term that stands for Let the Buyer Beware; the buyer is buying a property “as-is” In Colorado, bank owned properties are often sold “as-is”
Why do I have to wait for the Certificate of Occupancy on my new house? Because Read the rest of this entry »
Happy Birthday Bon Shopping Center
Located by The Old North End
and Patty Jewett Neighborhoods in Colorado Springs
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Bon Center is having a birthday party! Its opened in 1953 as Colorado Springs first strip mall (still located o
n Wasatch) and is celebrating its 55th birthday with an open house. Though most of the “ultra modern” look is gone, the original sign still remains to give us a small glimpse into its past.
When it opened it was Colorado Springs first strip mall and still survives and thrives today even though many of its counterparts are no longer in existence. How is that possible? The center was originally planned into the community and its still supported by the residents and of The Old North End and Patty Jewett neighborhoods. The center’s owners try and keep the rents low enough that the Mom and Pop operations can make a living and be supported by its local homeowners.
