Now is the time to buy a home in the Colorado Springs area. It's still a buyers market with too many properties for sale and not enough active buyers. This means you can come across some amazing deals on both new and resale homes in Colorado Springs, Colorado Springs townhomes and condos, and downtown lofts. Whether you're looking for an investment property to rent, a second home, or a new primary residence I can help you in finding the perfect property in Colorado. You currently have a wide selection of homes in virtually any Colorado Springs neighborhood.
Keep in mind that in Colorado, the seller pays the commission of both real estate agents. So you can be represented by a professional Colorado Realtor for your next home purchase without paying any commission fees to an agent! However, many builders require that if you want to be represented, your agent must accompany you to your first visit to their model homes. Keep in mind that the reps sitting at the office on-site are hired by the builder. They are not there to represent your best interest. That's why it's important to hire your own real estate agent to work for and personally represent you in the home buying process.
Many builders have inventory (or "spec homes") that they want to move and sell quickly. They are currently offering significant discounts, added incentives, price reductions, and are willing to negotiate. Some are offering all kitchen appliances as well as a washer and dryer. Their homes are truly move-in ready. You can also save money by using their preferred lender to finance your new home, sometimes up to $10,000 off the list price just for using their lender. You'll probably end up paying a bit more for this service so it's important to check out all your options before signing any paperwork.
If you have more time to wait, another option is building from ground up which allows you to select a lot and customize features, colors, and other options depending on the builder. It's important to know what features are standard and what things you're going to have to lay down some extra cash. Often times, model homes have many amenities that are not included in the base price. Even the lot you choose could add an extra cost to the price of your home.
There are many factors to consider when looking at buying a home, especially if you need to sell your home first. Contracts can be written with a contingency that you must sell your home before closing on the one you desire to purchase, but it can be complicated and must be done correctly.
Contact me today if you're interested in getting more information on available Colorado Springs real estate. I can help you in the purchase of new or resale homes and guide you through the entire process.
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New Home Construction in Colorado Springs
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