Renting v. Buying: By the Numbers
Have you ever wondered if you should rent or buy a home for yourself and your family? Here is a simple case study of a for rent or sale property to show what factors may impact your decision. An updated…
How to Read a Real Estate Listing
If you are in the market for a new home, you’ve probably turned to the internet to begin your search. You can learn about neighborhoods, find out about schools, and a lot more using a simple search. Once you are…
What Are Points in Real Estate?
If you are purchasing or refinancing a home in Colorado Springs, chances are you have learned a lot of new terms. One of those may be “points.” But what exactly are points in a real estate deal? Points are referred…
Buying a Home with an HOA
Many home buyers love a neighborhood with great amenities. A community pool, parks and playgrounds, and well kept walking trails all make prospective buyers’ eyes light up. If you are looking to buy in a neighborhood with top-of-the-line amenities, make…
How Your Debt-to-Income Ratio Impacts Your Home Buying Power
For the majority of home buyers, both first-time and experienced, a new home purchase is done by financing a large portion of the cost. This loan, called a mortgage, is offered through a financial institution specifically for the purchase of…
Coronavirus & Home Prices: 5 Ways It Could Effect Home Prices
By Bonnie Sinnock - Capital Markets Editor- https://www.nationalmortgagenews.com/ The S&P CoreLogic Case-Shiller home price index released this week reflected relatively stable housing activity through February. The impact of the coronavirus outbreak in March will not be revealed in cold, hard…
Understanding Mortgage Points
When you get ready to purchase a home, one of the biggest factors in your decision is likely the cost. A home is one of the largest purchases that most people will make in their lifetime so a lot of…
Selling (or Buying) in Peak Real Estate Season
Produce has a season. So do sports. But did you know that real estate has a peak season as well? People buy and sell homes all year long but there are certain times of the year when more transactions are…
What a Mobile Notary Can Do for Your Home Purchase
One of the biggest events in a real estate transaction is the closing, when all parties sign the final contracts and ownership (and the key) is officially turned over to the buyer. But what happens when you have a busy…
When to Consider a Second Mortgage (And When to Avoid It)
Over half of American homeowners financed their home purchase and have a mortgage. Banks and lenders like this arrangement because they earn money in the form of interest payments when they loan money to buyers. Buyers like it because they…