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Archive for October 15th, 2008

Avoid Foreclosure, Know Your Options!

Do you own a home in Colorado Springs?

Interested in selling your house as a short-sale?  Email Kathy Torline  KTorline@msn.com or call 719-287-1049

Ask for help before foreclosure starts — don’t stick your heard in the sand!

Short Sales — Part II of Short Sale Series 

When many homeowners are in financial trouble and not making their house payments, they go into denial.  They are embarrassed, and they hope that the situation will go away.   The problems usually won’t solve themselves.   The fact is that the sooner a home owner faces up to the situation the better.  There are option out there!

I typically meet pre-foreclosure homeowners after they’ve already missed several payments and they’ve heard something about short-sales.  Maybe it’s been from a friend, maybe from the news, or maybe from their lender.   

One of the first steps I do is to refer them to some of the local and national hot-lines that are now available to help home owners.  I want to make sure they are as educated as possible about their options before they decide to list their home as a short-sale.   I also Read the rest of this entry »

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Manitou Springs celebrates Emma Crawford with annual coffin races and wake

Coffin Races are one of a kind

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Come one, come all!!!  Manitou Springs is celebrating one of its most famous residents, Emma Crawford! She came to Manitou around the 1880’s suffering from tuberculosis then know as consumption.  She was a lovely young woman and was accompanied by her Mother and fiancee.  Low and behold, she started to improve in the crisp mountain air and loved to hike on Red Mountain.  She was busy with planning her wedding when she took a turn for the worst.  Her fiancee promised to bury her atop her favorite mountain and so when she died (1891) he did indeed bury her up there.  Over the years, with all the rains, her coffin came to the top of the land and she slid down her mountain. She was then buried in an unmarked grave in the local cemetery, but the townspeople refused to forget about her. 

Every year the folks in Manitou Springs hold a festival in her honor.  Its held close to Halloween Read the rest of this entry »

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What can $1,000,000 buy in Colorado Springs?

 Market Report for homes priced over $1,000,000

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Here’s some information about the most expensive home sales in the Colorado Springs Area

Overall, there were 4 sales topping $1 million during September 2008.

September’s MOST EXPENSIVE SALES

Single Family Detached Homes:

772 Long Timber Lane in Monument

  • 6165 square feet
  • Sold on 9/30/08
  • $1,000,000
  • Days on Market:  155

According to the description in the MLS: SPECTACULAR, TRULY MAGNIFICENT HOME! AWARD WINNING Read the rest of this entry »

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www.KathyTorline.com