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Thursday, June 23, 2016

Avoid These 3 Problems When Building a New Home

Selling your Colorado Springs home? Get a home value report
Buying a Colorado Springs Home? Click here for full MLS access

One sure sign that our real estate market is booming is the recent rise in new home construction. Home building is at a 10-year high and there is no doubt that buying a newly-built home is a great investment. However, there are some things you need to be aware of to avoid making a bad investment.

Many people looking at new homes are ready to purchase right away, and don’t understand that they need a Realtor to help them. The on-site agent for the new home doesn’t work for you, they work for the builder. With a purchase this big, you want to have someone on your side looking out for your best interests.

With a purchase this big, you want to have someone on your side.

When you’re buying a new home, it’s important to do your research. Make sure the builder is in good standing with the state and ask them to verify their licenses, insurance, and more. Ask about any independent contractors they use, if they use them at all.

The final thing you want to do is make sure you read the fine print. Most real estate builders don’t use standard purchase agreements, but instead have their own document drawn up. Read it carefully, and have your Realtor (and possibly attorney) read it too before you sign anything.

Finally, check out all the warranties to make sure you know what’s covered and what’s not. Now is a great time to invest in the American dream of homeownership, you just need to make sure you’re protected at the same time. If you or someone you know is looking to buy a new home, give us a call or send us a quick email. We look forward to hearing from you!

Wednesday, April 13, 2016

Why a Home Inspection is So Important Before Buying a Colorado Springs Home

Selling your Colorado Springs home? Get a home value report  
Buying a Colorado Springs Home? Click here for full MLS access

Thanks for joining me again in beautiful Colorado Springs, where a record number of people bought homes last year. Many of these home buyers also experienced hidden problems after their sale closed. Today, we’re going to tell you how to avoid a situation like that. 

As most people know, getting a general home inspection is not only a good idea, it’s necessary to ensure you know what you’re buying. There are a few specific things you need to make sure you check in your home inspection that can bring money problems and health concerns as you move into your new home. We’re going to talk about three of them today.

The first thing you’ll want to have the inspector check is your sewer line. The time to find out if there is a problem is before closing, not after. There are specific areas in Colorado Springs where sewer lines can erode, break down, and have tree roots growing through them. You may not know you have a problem until your basement backs up with water, which will cost you thousands to fix.

We want you to be healthy and safe.

The next things to keep in mind are your furnace and A/C systems. Your furnace may be working fine now, but it could have a cracked heat exchanger. This could lead to your furnace releasing deadly carbon monoxide. The only way to know if there’s a crack is by having a professional check it out. Not only is that an issue, but most people can’t even fix a cracked heat exchanger. Most HVAC contractors will recommend a totally new furnace. If there are any problems with your system, it pays to have it looked at before you buy.

Finally, you’ve got to make sure you check for radon gas. It can cause huge health problems, and is a pretty big contributor to lung cancer. The home inspectors that we use will take care of this for you and make sure you don’t have an excess, so that you can enjoy your home.

When you buy a new home, we want you to be healthy and safe. That means knowing about any problems beforehand. You want this house to be a great place to raise your family, not something that’s going to be a huge headache. If you have any questions for us, don’t hesitate to reach out via phone or email. We’d love to hear from you!

Wednesday, December 16, 2015

Winter Real Estate in Colorado Springs

Selling your Colorado Springs home? Get a home value report  
Buying a Colorado Springs Home? Click here for full MLS access

There’s snow on the ground. Your grass is dead. You don’t have any leaves on your trees. Is now the time to sell your home in Colorado Springs?Often, our clients think the warmer months are the best time to sell.Traditionally, that’s correct, but the market has changed drastically. That’s not always the case anymore. Here’s why:
  • There are serious buyers looking. There are people willing to tough through the cold weather. You can eliminate window-shoppers from the process.
  • There is a lot less competition now. There are fewer homes on the market, so that means there’s less competition. You have a better chance to sell quickly and for top dollar this time of year.
  • It’s a good time to move up. If you’re thinking about buying a home worth more, now is the time to act. I don’t have a crystal ball, but I can tell you prices will go up next year. Interest rates will increase! If you wait, the price only rises.
  • There’s a lot of buyers out there! In 2015, El Paso County had the most amount of buyers compared to any other year. They’re still out there searching for their dream home, which could be yours.
It’s a great time to sell in Colorado Springs. If you’re thinking about buying or selling a home today, give me a call or send me an email today! I’m happy to help and serve your real estate needs.