Thursday, May 17, 2012 / by Barbara Schlinker
Interest rates hit a historic low today, according to Housing Wire magazine... The Freddie Mac survey showed the 30-year fixed rate mortgage averaged 3.79% for the week ending Thursday — the lowest rate ever recorded — inching down from the prior week's record average of 3.83%. Last year at this time, the 30-year FRM averaged 4.61%. What is even better is a 15 year mortgage the rates hit 3.04%. That really is astonishing.
When you consider you can buy a $300,000 home for around $1500 per month in this area (30 year fixed at 3.75%, principal interest, taxes and insurance), it really is THE PERFECT time to buy a home. Further most industry experts believe the market is bouncing off its bottom. Our inventory of available homes is down by 29% from a year ago and prices of homes are starting to climb.
Just a few days ago, one of our clients sold his old, little 1400 square foot home he bought in 2005 with a payment of $1150 pe ...
Friday, April 6, 2012 / by Barbara Schlinker
Even Warren Buffett says it the BEST time to buy real estate to live in or as an investment. Interest rates are at all time lows. Distressed properties (foreclosure, short sales, corporate relos and estate sales) are the best buys at this time.With interest rates as low as 3.25%, it is almost like getting free money. Many folks are getting disgrunted with their stock market investments and looking to Real Estate as their future investments. For the first time in nearly 18 years, the prices are so low the numbers make sense.
If you just want a place to live, buying a home is generally a much lower payment than renting...and you will live in a much nicer home in the Colorado Springs, Monument, Fountain, Peyton, Black Forest and Woodland Park areas.
Watch what the great stock investor had to say about investing in real estate as recently seen on CNBC....
The real estate brokers at Parker St Claire Realty are experts helping buyers find home for both primary residence and inve ...
Thursday, March 29, 2012 / by Barbara Schlinker
As an expert in the default industry, I have the priviledge of helping people who fall behind or are upside down on thier mortgage. The good news is that it does NOT mean they will have the sheriff pounding on thier door right away to move. I've heard it from a Senior Vice President of Bank of America that they do NOT want homeowners to foreclosure. The banks are making every effort to help borrowers with all the many options. Those options include: repayment plans, loan modifications and even refinance opportunities to stay on your home. We offer free services to help home owners in trouble with their options.
The five major banks just struck a deal with 49 of the 50 states that sued them over the 'robo-signning' debacle in which they would spend billions helping defaulting AND upside down borrowers. Yes, even if you are not behind they have help for you now. It also, in many cases does NOT matter how far upside down you are. Once of the BEST provisions of that agreement wa ...
Friday, March 23, 2012 / by Barbara Schlinker
This beautiful ranch style home with fresh paint prestigious Indigo Ranch and is available now. You'll love the gleaming hardwood floors throughout the main level. Entertain with the in the bright open eat-in kitchen with a massive breakfast bar overlooking the great room that features a cozy-warm gas log fireplace. The fully finished basement is bright and open. Over 3000 Sq feet, all finished with stucco siding and a beautiful main level study that looks out on to open space. We expect it to be priced in the low 200s. Address is 7447 Manistique...Be the first on the list to find out the moment it goes on the market by emailing the agent on this website! Here are the photos...