Colorado Springs Vintage Homes Blog
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Colorado Springs stormwater is once again controversial
STORMWATER FAQ’s
For a Free Colorado Springs Relocation Guide, Email Kathy Torline at KTorline@msn.com
Must Read Articles:
Why is the city putting liens on properties?
According to a recent article in the Gazette, 4% of the 2007 invoice were unpaid; and 9% of the 2008 invoices were unpaid amounting to $2,449,705. (The average quarterly bill is $12.75.)
Also, according to the article, Mayor Lionel Rivera said “”I think it’s only fair to those people who are paying their bills and paying their fair share of making sure the stormwater infrastructure is taken care of.” “It’s an obligation,” he said. “It’s an ordinance that was passed by the City Council, and I think everyone has an obligation to follow the law.”
If delinquent property owners don’t pay, the city will attach a lien on the property.
What if I buy a home and the stormwater bills have not been paid?
Under the code, Stormwater fees follow homes, not homeowners. This means if you buy a house and the owner before you didn’t pay their fees, you could end up being responsible for their bills. As an example, if you buy a foreclosure home in Colorado Springs and the previous owner didn’t pay, you could be responsible for paying the back stormwater fees.
What is Stormwater? Read the rest of this entry »
Nightmare for new home owners — liens filed against property
Liens are everywhere
Get a Free Market Analysis on your Home, Email KTorline@msn.com or call 719-287-1049
I came across an article this morning published by KOAA that quickly caught my attention. The article 
states that homeowners in Southeast Colorado Springs received a notice of intent to file a lien from the contractor, Avalon Building. The lien claims that the developer, Lorson Ranch, owes money for building streets and installing utilities in the neighborhoods. The article goes on to state ”We’re not liening the homeowner, we’re liening the property and it’s the only way we have to protect our rights to get paid, said Avalon President Dan Herman. In a statement, attorneys for Lorson Ranch say Avalon Building, …has not completed its work on the project and has failed to honor its financial obligations to its subcontractors. The statement goes on to say, “Avalon will not be paid for incomplete or unperformed work.”
Lorson Ranch is a 1400 acre master planned community east of Marksheffel Road at Fontaine Boulevard in Widefield. It was also the location of where ABC’s Read the rest of this entry »
Real Estate Dictionary, “I” is for Inactive
Search for Homes in Colorado Springs
Knowledge is Power — Real Estate Dictionary
My mother told me that houses are not considered liquid investments, they are illiquid. This means that real 
estate cannot be quickly converted to cash.
My Colorado Springs Real Estate agent put her license on inactive. What does this mean? Colorado does allow Realtors put their license on inactive, which means that your Realtor cannot conduct business because her license is not active. You’ll hear people also refer to this as putting their license in “Ice”
I’m helping my grandmother sell her house in the Old Colorado City in Colorado Springs, and my brother said she is incompetent to make this decision, not sure what he means. Incompetence refers to a person who is not Read the rest of this entry »
