Posts Tagged ‘Options’

The Advantage of MLS for Colorado Springs Real Estate

Sunday, May 8th, 2011

Colorado Springs has been fortunate in that it has not witnessed the big swings that other markets have had. Colorado Springs has been lucky enough to have a slow, stable and strong growth in its housing market. In fact, Colorado Springs has had an average growth rate of 7% since 1992 and has not had the massive declines that other parts of the country have experienced.

However, there is a down side to the housing market in Colorado Springs. Property owners have been looking for brokerage options in selling their homes. The frequency of homes in the Colorado Springs area being bought and sold is exponentially more significant compared to the national average. This is due to the fact that there are many military related jobs as well as a mobile workforce associated with companies such as HP and Boeing. Since homeowners aren’t usually a fixture to the years of appreciation that properties accumulate, the high brokerage commissions are severely felt. Sellers therefore believe that their only alternative is to skip agent fees altogether by putting their property up as For Sale by Owner. However, there are other alternatives available, one of which is to utilize a flat fee listing on the Multi Listing Service (MLS).

Often times, listings are sold by buyers’ agents who sometimes work with a listing agent. Whether the listing agent sells directly to the buyer or works with the buyers’ agent, the commission rate is typically the same. Even when the buyer did not have an agent, the seller may not see any savings.

A MLS listing allows the seller to see some profit as the agreement with the listing agent is to list the property for a small, flat fee. The seller is responsible for showing the property and handles negotiations with the agent as the middleman. If the buyer’s agent is responsible for the sale, only the buyer’s agent is paid but the listing agent is not paid at closing. If a seller finds some aspects of selling a house difficult, a MLS broker can agree to take on additional functions for more money at closing but this is usually less than 1%.

Other than savings on commission payments, a huge benefit to using MLS for selling property in Colorado Springs is the effective exposure. Buyers and their agents can find data with MLS feeds and internet sites. A for sale sign is never sufficient in pulling in interested house hunters, especially, given the fact that many of them are not residents of Colorado Springs.

The MLS for Colorado Springs outreaches to neighboring areas such as Woodland Park, Falcon and others. Sellers are finding that the flat fee MLS listings offer is effective in selling anything from an urban to suburban property and a single family home to a condominium. No matter the type of property, the fact that a seller can save money by avoiding those steep commissions as well as gaining exposure to buyers, makes this alternative the best to hiring a broker. It is expected that more and more sellers will use this medium in the future.

Stopping Foreclosure: Your Colorado House At Risk

Friday, April 3rd, 2009

The sad fact is that having a house in foreclosure can be frustrating and somehow embarrassing for any owner. This may entail a number of reasons as well as outcomes. Having severe financial troubles can make you realize as if the world is against you. This could be one of the many grounds why facing foreclosure comprises a stressful situation for the home owner. Let us say you are dealing with difficult financial and emotional issues and soon you might lose your own house, do you think it’s the end of the world? Definitely not, you need to acknowledge that in one case you drop behind on your mortgage, the time is running out and if you will not act fast enough, you will end up getting nothing and losing everything. So what are the things that you have to do now that you learn?

This article helps in assisting homeowners who are behind on their mortgage defrayments and are unfortunately facing foreclosure. There are also steps on how you can possibly avoid foreclosure and all you need to do is to follow them. If you are selling your house yourself then you can incorporate these steps into action straightaway. And if you are using an agent you can get him to work with you using the right steps. If you are from Colorado areas, then there are a number of options available to you to which you can choose from. Having the right people and arm with the necessary equip, you don’t have to worry that much as you are on your way to stopping foreclosure and saving your home.

One of the steps you might want to follow is by applying for a loan or shall we say finding qualified lenders. Qualified loaners can send you to numerous lending programs that are available and application for your situation. They are just one of your options though. As luck would have it, there are lenders who will refinance individuals just like you who are facing foreclosure especially if you prefer to keep your home. Or you may also be amended by selling your Colorado house and starting anew. This unfolds several possibilities and ought to be discussed straight off.

Stopping foreclosure might not be lenient for a house owner but the matter is, the more prepared you are, the more chances you have of stopping, or holding up the foreclosure process at the very least. Take note that in order for this to be possible, you have to allow and employ some important matters. If you don’t carry out the necessary action right away, you could turn a loss of your home to foreclosure or other possible outcome could be your credit might be slandered or worst you may possibly still owe your lender a quiet sum of money and gained nothing.

Louis Batides is one of a group of real estate investors who buy houses from people and help people in selling Colorado houses. He and his team make sure that you get a fair deal in selling your house fast, whether in cash or terms. Since he and his group do not consider themselves as Realtors, they do not ask for commissions or fees and they can work in all types of mortgages.

How to Get Top Dollar for your Colorado House

Friday, April 3rd, 2009

Do you know how to sell your house that has no equity with zero costs on your part? Or you may be wondering on how to get the top dollar for your Colorado house. If not, then it is time for you to discover the secrets that realtors hope you never learn. Furthermore qualified realtors help the people who would like to sell Colorado houses as is at a fair price on the date of your choice. If you are one of the home owners who want or need to sell your house fast, then seeking the help of a realtor could be one of your options.

With the help of the experts, you can manage to know on how to make your property, a house in this case, one of the houses that would surely sell even in today’s market. There will be a lot of competitions around and knowing your edge is truly an advantage. The bare truth is that even in a estimable market some properties do sell while some do not and you discover eventually that it is neither the market nor the cost nor the property that is the cause or reason of not selling your house fast enough the way you thought it would be.

Available for prompt access, you are to go through precisely the same scenario as we are all acquainted with, wherefore it happens and how you can end it. Say you advertise your house the best way you can yet there are no inquiries, your property agent suggests for you to drop the price of your house so you do, but still no pursuit, you cut down the price again yet you still get nothing from all the efforts you’ve made. Your property (a house for this matter) is now below market price until now not even one individual gets interested to call. You then begin to wonder what is going wrong despite all the hard work just to sell your house. But wait, you can actually get the top dollar for your Colorado house just by knowing the right thing to do.

There may be a lot of reasons and knowing them will greatly help in order for you to trace the possible cause and to arrive at the desired results. With the help of people in the know, you will be able to recognize how you need to alter the ways you promote your property just to get the prospective buyers to contact you. If you are using a realtor, you will be able to know how to change his mind-set to place your property on top of his or her selling list. Or if you are selling your own house you will be able to learn how to negotiate with buyers so that you will get the price you want.

Louis Batides is not a Realtor - he makes it clear on that one - but he buys houses and he can help you on how to sell your Colorado house fast. Since he does not ask for fees or commissions, he assures whoever he helps that they will get a fair deal in selling houses. As an expert in selling and buying houses in Colorado, he can help you out on how to sell your house in Colorado and he can also work in all types of mortgages.

Selling Your Colorado House: Finding The Right Time

Friday, April 3rd, 2009
When is the suitable time to purchase a house? This is a question that a lot of people ask over and over again. Knowing these, you tend to think that it is a right solution to this call into question. The proper time to purchase a house is when you are totally set up to get the work done. Nevertheless, this will not be the same for all people so it is time to know what seems to work best. Fortunately, there is hardly a thing that you have to deal whenever you are thinking of purchasing a house. But does it work the same when it comes to selling your house fast?

Let say you have a house in Colorado areas and you are in desperate need to sell it. So what are the options available to you? One of the many options to take is to ask the help of a professional and qualified real estate agent. The fact is that not all realtors could point you into the right path and help you in selling your house fast, yet they still had better know how and they’re capable to bring you into the conclusion that you are almost to make on your own. One significant matter to consider is that whenever you bear no net worth then it is not the good time to either purchase or sell a house.

These days a lot of house owners think of selling a house in Colorado and they will be lured to make the deal right away. In finding the right deal, you will be facing a hard time attaining a conclusion to which one is more beneficial to both parties- the buyer and you as the seller. You may be curious what this entails. The point is you have to be sure once you decide to sell your house and with the help of a qualified realtor, you will be able to sell it quickly before time runs out and you resort to a decision that will not benefit you that much.

If you are fortunate enough to find a number of willing buyers and maybe there will be a lot of buyers to choose from. Whenever you prefer to sell a house, make certain to take your time exploring for the good one. Selling a house for the purpose of just selling it is never a good idea. Don’t be too quick in making your decision instead make the deal in which you are a hundred percent sure and that which is more profitable on your part. Even though, it may be the greatest decision you reached, but still if you don’t spare some time then it would end up with a heavy slip on your hands. To sum it up, the right time to sell a house is when you are ready with it. This will not be the same for each seller so be sure that you take your time and take heed to what you think works best.

Louis Batides is one of a group of real estate investors who buy houses from people and help people in selling Colorado houses. He and his team make sure that you get a fair deal in selling your house fast, whether in cash or terms. Since he and his group do not consider themselves as Realtors, they do not ask for commissions or fees and they can work in all types of mortgages.