by: Mariana.Wagner on July 09, 2008 08:20:31

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...

 

Search for Homes in Colorado Springs  Colorado Springs Property Values

Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Clients Choice Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
Pictures of Colorado Springs

"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 June 28, 2008 09:19:17

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.

Colorado Springs Real Estate Connection - Rent to Own Lease Option Lease Purchase

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: Laurie.Manny on March 08, 2008 15:05:19

Are You Safe in Your Own Home?

 

Your home is your safe haven from the world.  At least it is supposed to be.  What if it isn't?  What if anybody could get in at anytime?  Would you still feel safe?  My Dad sent me an email yesterday with a link to a news video about bump keys.  To say that it was enlightening would be a major understatement. 

 

Have you heard about Bump Keys yet?  Apparently they can be purchased online for about $2.00 each and can be used to open almost any lock in seconds. I urge your to watch this video. You may want to upgrade the locks on your Long Beach Homes after watching it.

 

 

How does this work? Check out this short video as well.

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by: Laurie.Manny on February 15, 2008 05:01:01

Separate Property - Whats Love got to do with it?

One of the pitfalls in relationships is that many eventually end. When real and personal property are involved it can be difficult to muddle through it all. There are ways to protect both your personal and real property - before this happens¦


How does Separate Property affect Long Beach Home Ownership?


Why do people combine households without understanding what is involved in the dismantling of these relationships? Whether you are getting married, combining households or registering as domestic partners, the issues involved with home ownership and personal property are quite serious. When these relationships do not work out it is critical to have your paperwork in order.


This is easier to say than to do, I understand. It is a difficult subject to tackle with somebody you are in love with and are thinking about spending the rest of your life with. How many relationships actually last forever? It is reported that the divorce rate in America hovers in the 50% range.


Quote From: Divorcerate.org

The divorce rate in America for first marriage, vs. second or third marriage
50% percent of first marriages, 67% of second and 74% of third marriages end in divorce, according to Jennifer Baker of the Forest Institute of Professional Psychology in Springfield, Missouri.’


According to enrichment journal on the divorce rate in America:

    • The divorce rate in America for first marriage is 41%
    • The divorce rate in America for second marriage is 60%
    • The divorce rate in America for third marriage is 73%



LaborLawTalk.com states the average divorce rate for the state of California is 75.54%, based on Court Statistics Reports for 1996-2004. These are staggering numbers and should not be ignored.



What is Separate Property?


Quote Nolo defines separate property: In community property states, property owned and controlled entirely by one spouse in a marriage. At divorce, separate property is not divided under the states property division laws, but is kept by the spouse who owns it. Separate property includes all property that a spouse obtained before marriage, through inheritance or as a gift. It also includes any property that is traceable to separate property ” for example, cash from the sale of a vintage car owned by one spouse before marriage-and any property that the spouses agree is separate property. Compare community property and equitable distribution.




Property owned prior to and brought into a marriage is considered separate property. In order for it to remain ‘separate property’it must never be commingled with marital or community property. Once separate property is commingled with marital or community property it becomes community property and cannot be undone.


Some states, such as California, have a separate property rule that says that all property brought into a marriage, including gifts and inheritance, which is kept separate and apart from community property remains the separate property of the spouse that owns it.

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by: Laurie.Manny on February 01, 2008 03:22:41


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Relocating to Long Beach California?


If you are relocating to Long Beach California you will need lots of information. You will be curious to know about Long Beach communities, neighborhoods and resources. We have tried to include as many area resources as possible here to make your transition a smooth one.

Long Beach California has become a destination resort area. This sleepy seaside city, known as Iowa by the sea, has blossomed into a fabulous beach resort area. Luxury high rise condos are sprouting all along the coastline, in Downtown Long Beach and Alamitos Beach. These elegant and prestigious coastal properties provide sweeping ocean views down the beautiful California coastline, views of Catalina Island - 25 miles off of our coastline and delicious, clean ocean breezes wafting in daily. The sound of gently lapping waves can be heard from your 17th floor Hi Rise condo on the sand.




Here are some local resources to help make your transition a pleasant one:

Local Area and Neighborhood Information:


Long Beach Homes and Condos For Sale
(Direct feeds from the Southern California MLS)


Search the Entire SoCalMLS Free


Long Beach Income Properties For Sale



California Megans Law

California Department of Justice

Schools & Libraries


Utilities


Licenses