|
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.
|
|
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.
Meta DataSocial Bookmarks
|
