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by: Mariana.Wagner on 2008-07-09 @ 8.20:31 am
According to the recent MSN article “66 Cities Where Buying Makes Sense” Colorado Springs real estate is a good investment. This article covered the top 66 cities in the US that had a projected appreciation by 2012 if you purchased a low-priced home today. This article makes a point that buying a home is not a get rich scheme but a long-term investment. Based on this article, you could expect an appreciation of $1,200 - $4,482 on your Colorado Springs home, depending on the interest rate on your loan. Interestingly, four of the top 5 (and 6 of the top 10) cities where buying a home makes sense are located in Texas - with McAllen/Edinburg/Mission, Texas projecting an appreciation of up to $90,437 by 2012! On the flip side, Denver/Aurora CO made the top 34 cities where it is still better to rent with a projected LOSS of up to $11,868 by 2012. The number 1 City where you would be better off renting is San Jose-Sunnyvale-Santa Clara, CA, with a projected net loss of up to $366,603 by 2012. Woah…
Posted By: Mariana Wagner - Colorado
Springs Real Estate Agent - Wagner iTeam
“It’s not what’s happening to you now or what has happened in your past that determines who you become. Rather, it’s your decisions about what to focus on, what things mean to you, and what you’re going to do about them that will determine your ultimate destiny.” - Anthony Robbins 
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by: Mariana.Wagner on 2008-06-28 @ 9.19:17 am
The Colorado Springs real estate market is seeing soemwhat of a “shift” in how homes are selling. Some are selling faster, some slower, some for more money and some for less. One of the more popular questions that we hear nowadays is: What is the difference between a Rent to Own, Lease Option and Lease Purchase Agreements?This is a lot of confusing terminology.
Here is a very simple way to explain the differences. Rent to Own: This is a loose agreement between a home owner/landlord and the tenant/buyer. Basically, the landlord agrees that a portion of the monthly payment goes toward the purchase of the property. Usually, this goes on for an indefinite amount of time and the tenant/buyer usually has no recourse to recoup any money if they (the tenant) decides not to live there long enough to pay off the house.
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by: Mariana.Wagner on 2008-06-25 @ 5.52:30 pm
As a Colorado Springs homeowner, one of your jobs is to make sure your roof is in decent-great shape. If you are looking to SELL your home, this is vitally important, as most home buyers will request that the roof be replaced, if it is not in great shape. Here are 5 tips for maintaining the roof of your Colorado Springs home: 1. Know which type of roof you have.Most homes in Colorado Springs have an asphalt/composite shingle roof. However, you will find that some new higher-end homes and some patio homes will have tile roofs, and some homes that were built in the 1970’s and 1980’s may have a wood shingle roof. A wood shingle roof is not the best type of roof to have in the dry Colorado weather. Many homeowners are replacing their wood roofs with asphalt/composite shingle roofs- which hold up better, here. 2. Hail storms can damage roofs. Duh.
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