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Archive for September 16th, 2008

Real Estate Dictionary – “H” is for Home Inspection

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Knowledge is Power — Real Estate Dictionary

My Colorado Springs Realtor said that landlords are required to keep the property habitable, what does this mean?   Habitable means that the property must be fit to live in. If the property poses an imminent threat to the health or safety of the occupant, it is considered inhabitable.

What is hazard insurance? This insurance is for loss from physical damage to the property due to hazards such as fire, wind, and flood.

I’m looking at a property Read the rest of this entry »

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5 things you need to know about FHA Mortgages

 Colorado Springs Vintage Homes is happy to feature a great article
on FHA Loans by
Bryan Yaninek with Castle & Cooke Mortgage, LLC

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Here are the 5 things you need to know about the new changes for FHA loans:

1. One single down payment requirement of 3.5% for all purchases

2. Closing costs/prepaids are Read the rest of this entry »

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