Colorado Springs Vintage Homes Blog

Archive for December 23rd, 2008

How long does it take to do Colorado Springs Short Sale? – Part V in Short Sale Series

Must Read Previous Posts:

• Colorado Springs Homes, 4 things to know about a short sale - Part I of Short Sales Series
• Avoid Foreclosure, Know Your Options - Part II of Short Sales Series
• Colorado Springs Home Foreclosures – 11 benefits of a short sale - Part III of Short Sales Series
• The final step in the Colorado Foreclosure process – Part IV of Short Sale Series 

How long does it take to do a Short Sale in Colorado?

Get a Free Market Analysis on your Home, Email KTorline@msn.com  or call 719-287-1049

As I continue to do more and more short sales; I think one of the most valuable services I can provide it to help educate and counsel potential home sellers who are interested in doing a short sale.  Short sales aren’t a perfect solution, but they are an option.

There are many steps involved with the Short Sale process……

(1) The first step is an initial consultation with the homeowner to explain the “in and outs” of a short-sale, previewing the home, driving the neighborhood; completing a comprehensive market analysis on the home.  

(2) If the homeowner decides to to a short sale …………. Read the rest of this entry »

Tags: colorado pre foreclosure, colorado short sale, colorado springs co foreclosures, colorado springs pre foreclosure, colorado springs short sales, El Paso County, Intent to CUre, public trustee

Buying a Home in Colorado Springs, manage your most valuable asset! Part V

Colorado Springs Vintage Homes is happy to feature another great article

on Managing Your Credit Score – Part V

Anza Goodbar, President of Clearview Mortgage 

For a free Buyers Guide, Email Kathy Torline at KTorline@msn.com

Previous Posts by Anza:

• Tips for Colorado Springs Consumers – what is identify theft?
• Want to buy a home in Colorado Springs, manage your most valuable asset!
• Buying a Home in Colorado Springs, manage your most valuable asset! Part II   
• Buying a Home in Colorado Springs, manage your most valuable asset! Part III
• Buying a Home in Colorado Springs, manage your most valuable asset! Part IV 
• Buying a Home in Colorado Springs, manage your most valuable asset! Part V

Your Credit and You!

Let’s take a look at the final category that impacts your credit; the type of credit you use.

Types of Credit Used:          

While this area has a lesser impact on your credit score, it is still important.  The credit reporting formula is complex and takes many factors into consideration when calculating your score.  It looks at the types of credit you have, the number of accounts you have and the mix of accounts.

There are two basic types of credit:

• Revolving
• Installment 

Revolving credit is a credit card, a retail account Read the rest of this entry »

Tags: buying a home in Colorado, colorado homebuyers, Colorado springs colorado homes, colorado springs colorado real estate agent, Credit Score, first time homebuyer, home buyers colorado, mortgage approval, revolving credit