via Housing in 2018: Where Are Home Values Headed?
Meeting about an assisted living facility we have under contract with a potential investor who has "8 million" currently earning a "guaranteed 5%", the inevitable subject of overvaluation came up, to which my response was, not quite.
Buoyed by many positive trends, such as the nation's first Olympic museum, projections of our being the nation's cyber security capital, expansion of direct flights to and from the Colorado Springs airport and more, there's also this:
Historically just a few years behind the Denver MSA, which may have plateaued as of this writing, it seems the Colorado Springs market has up to 5 years of upswing left.
Specializing in locating, analyzing, acquiring and management of quality rental assets, we are standing by and have significant experience helping investors build long-term wealth with real estate. Please contact us at 866-6REALTY or 303-242-2980 for the personalized attention you deserve.
via What Is Pre-Foreclosure and When Will Your House Be Repossessed?
Pre-foreclosure, Lis-pendens, default notice...these are not words any responsible homeowner wants to read or hear, no matter what. Suddenly faced with a loss of one's home and often largest asset, a pending foreclosure is not a situation anyone wants or even should handle alone.
When faced with such a crisis, it's important one engage the help of a qualified, licensed professional able to provide options that go beyond "we buy houses". Including a short sale, lease options and more, armed with enough information, a true professional will find there many ways to help a homeowner in distress delay if not avoid a foreclosure, if only they'd ask early in the process. Unfortunately, and though most who receive a pre-foreclosure notice will find a way out, too many that don't run out of time. No man is an island.
Energy Efficiency Assistance
As an incentive for new and existing homeowners to buy homes with high energy efficiency ratings or make upgrades (furnace, insulation levels, windows, etc.) to an existing home, the state of Colorado is offering up to $8,000!
- New or existing homes (existing homeowners OK)
- Lender must reserve the incentive amount before closing
- Energy upgrades completed within 120 days of purchase
Additional Down Payment Assistance Programs
There are hundreds, if not thousands of extra programs that help with adapting homes for folks with disabilities, down payment. closing and other costs. Check them all out here!
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The Great Recession brought about a major downturn in the housing market. In this new economic reality, many investors backed off for a few years. Now, they’re slowly starting to come back as the market improves and their wide-eyed dreams of ditching the rat race for wealth and independence expand by the day. If you’re one of the many who have taken the plunge into the housing market or are considering doing so, keep in mind that it can be challenging. In particular, there are four key issues you’ll want to master in order to hone your property investing skills...read more
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Great News! We have just added a FREE classifieds ads service to RealEstateSuper!Markets.com! For a limited time, you can post real estate related products and services at no charge, complete with up to four photos! Now, you will have to make sure the photos fit the following parameter...check it out now!