Welcome to HomesColorado.com, by RE/MAX Properties, Inc. of Colorado Springs. HomesColorado.com is the premier website for the sale and purchase of Colorado Springs Homes whether you are searching for new homes, resale homes, Colorado Springs foreclosures or looking to sell your existing home. RE/MAX Properties, Inc., established in 1986, is a locally owned and family run business and has been the local industry leader for more than 20 years. The core mission of RE/MAX Properties, Inc., and our more than 230 experienced Associates, is to provide superior consultation-based real estate service to our clients. We are experts in the Colorado Springs real estate market and our Associates specialize in all areas and all property price ranges. RE/MAX Properties, Inc. is proud to offer top notch home buying, selling and relocation services for all of our clients.
HomesColorado.com is a comprehensive resource aimed at providing you with online tools regarding the Colorado Springs real estate market and our community. Our guests can search ALL Colorado Springs and Pikes Peak region properties listed for sale. Use our website to search for your new home by Area, Property Type, Floor Plan, or Price. Our state-of-the-art map-based search feature allows you to customize your search by school district or other specific personalized criteria. The property detail page displays property photos, virtual tours, neighborhood information, and unique property descriptions. Create your own personal account using our VIP Login to customize and save your searches and be notified when new listings come on the market. Refer to the navigation menu for News, Reports, Blog, and Informational Resources you will need to complement your interest in Colorado Springs living. HomesColorado.com is also a resource for Military clients looking to relocate to the Colorado Springs area, providing our Military guests with information on our four local military bases; Fort Carson, the United States Air Force Academy, Peterson Air Force Base and Schriever Air Force Base. RE/MAX Properties, Inc. understands the importance of our Military community and offers a Military First Cash Bonus program to active and retired military service members who buy or sell their home with a RE/MAX Properties, Inc. Associate.
Please feel free to contact us should you have any questions, comments, or opinions on any of the information presented on the website or if you have general questions about the Colorado Springs real estate industry. Our goal is to make this an interactive site for Buyers and Sellers of Colorado Springs real estate. In our commitment to strive to be a comprehensive Colorado Springs Real Estate resource, we encourage our guests to contact us if they have come across an article (published or personal), or informational resource that they feel would benefit our site and our website visitors. If Colorado Springs is, or will be your home, then let us share your information with the Colorado Springs Community!
Colorado Springs Real Estate Statistics :: Target Market Analysis :: Number of Listings vs Number of Showings for the week of November 1-7, 2010
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Target Market Analysis - 15 Weeks At-A-Glance
Number of Listings vs Number of Showings
Keys to purchasing Real Estate in Colorado Springs, Understanding the Pre-Approval Process
November 03, 2010 13:39:22
Keys to purchasing Real Estate in Colorado Springs:
Understanding the Pre-Approval Process
COLORADO SPRINGS, CO, Nov 03, 2010 - The house shopping process can be somewhat complicated and the same can be said for the loan shopping experience. Before you get to the fun of house touring and decision-making for your new life, a prospective home buyer needs to be pre-approved and fully understand what the pre-approval process entails.
"Pre-approval is more involved than just making an appointment," says Joe Clement, Broker/Owner of RE/MAX Properties, Inc.. "The lender needs to gather all of the required information in order to offer you a loan, and your credit report will need to be checked." At the time of the appointment, you will need to bring certain documents with you to verify your identity and assets, adds Clement.
These documents include:
A most recent W-2 (or entire tax form if self-employed)
A copy of a recent bank statement (including any money market or savings accounts)
Proof of IRAs, retirement accounts, stocks or mutual funds
Your driver's license
A recent paystub from work
An application fee (depending on the lender--be sure to ask about this prior to your appointment)
If the bank likes what it sees at the end of this process, you'll receive your good faith estimate (GFE) -- a document telling you the likely terms you'll receive including the interest rate, loan type and closing costs. "From there, you will be able to tell what price range of homes in Colorado Springs to focus your time and energy on. It will also prevent you from getting your hopes set too high," says Clement.
It is suggested that you repeat this process with multiple Colorado Springs lenders in order to comparison-shop. With multiple GFEs in hand, you now have room for negotiation by comparing the offers. Don't accept the first offer you get; rather, look for hidden fees in each estimate and see which option works best for your financial situation. "Don't worry about hurting your credit score; credit scoring recognizes multiple checks in succession as part of the loan-shopping process and will not penalize you for doing so," says Clement.
Remember: just because you are pre-approved does not mean you are guaranteed to receive a loan from that lender. The actual loan is granted after the bank conducts an appraisal to make sure you aren't paying more than the house's value. This prevents you from over-paying and protects the bank against any buyers who may default on the loan in the future.
For more information on understanding the pre-approval process, please contact Professional Mortgage Associates, or one of our 230 qualified Colorado Springs Real Estate Agents at RE/MAX Properties, Inc..
RE/MAX Properties, Inc. has been the number one residential real estate brokerage in Colorado Springs since 1989. The company has 230 full-service professional Broker Associates that service all areas of Colorado Springs and surrounding areas in addition to relocation clients worldwide. The four RE/MAX Properties, Inc. locations are open seven days a week. More information can be found online at www.HomesColorado.com.
Colorado Springs Real Estate Statistics :: Target Market Analysis :: Number of Listings vs Number of Showings for the week of October 25-31, 2010
Target Market Analysis - 15 Weeks At-A-Glance :: Number of Listings vs Number of Showings
Colorado Springs Real Estate Statistics :: Target Market Analysis :: Number of Listings vs Number of Showings for the week of October 18-24, 2010
We are honored! The Colorado Springs Independents Reader Poll Results Give Gold To RE/MAX Properties, Inc. Broker Associates and Staff
The results of the Colorado Springs Independent's Reader Poll are in.
RE/MAX Properties, Inc. was named
Best Real Estate Company!
In addition, RE/MAX Properties, Inc.'s very own Wayne Jennings was named Best Real Estate Broker Associate in Colorado Springs with Ted Bachara taking Silver in the same category. But wait, there's more! Rebecca Hyde, Graphic Designer and Marketing Coordinator for RE/MAX Properties, Inc. was named Best Colorado Springs Artist.
This is evidence that RE/MAX Properties, Inc. is filled to the brim with ALL of the hardworking and dedicated individuals -- Leadership, Agents, Assistants and Staff -- that make the sum total of this great Real Estate Company!
Thank you for your votes! We'll keep doing our BEST to serve you and your families right here in Colorado Springs and the Pikes Peak Area!
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Your investment, your home, your dreams - our expertise. If you are thinking of buying or selling real estate in the Colorado Springs area, Joe Clement and The Clement Group should be your first call.
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