Saturday, September 21, 2013

Monday, September 9, 2013

The Benefits of Home Ownership Are Farther Reaching Than You Think

Never a Better Time To Sell Your Home and Buy Your Next Home!



















































































If you are thinking of selling your home or buying your next home, give Terry Naber at RE/MAX Properties, Inc. in Colorado Springs, CO.  a call  at 719-590-4796.

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Wednesday, September 4, 2013

Tired of Renting? Home Ownership Really Pays Off and Here's Why

If You Are Tired of Renting and Making Your Landlord Richer, Now is a Great Time To Buy Your New Home and Stop Renting.














According To The Wall Street Journal,
If you were to purchase a home for $250,000
with 5% down, and home prices were to increase only 2%
per year you would be money ahead after just the 2nd year.
After six years you would have saved 443,398.

See for yourself & get the rest of the story here:

















Buying a home has Never been easier. Flexible creative financing options, zero to low 5% down payments, and first time home buyer programs are available to folks just like you.  Our team specializes in getting you qualified and into the home you want - stress free. 
Benefits of Home Ownership:
  • Tax deductions including mortgage interest
  • The chance for appreciation
  • Portion's of each payment apply to your principal
  • Payments eventually end

Call Terry Naber, Realtor, RE/MAX Properties, Inc at 719-590-4796  to get started owning vs.renting today!
Email Terry


Friday, August 23, 2013

10 Low-Cost Tips to Improve Colorado Springs Homes Appeal


When selling Colorado Springs homes, the goal is to sell it quickly for the highest price while investing as little as possible in renovations. With a limited budget and a little effort, you can greatly increase your home’s appeal by focusing on what prospective buyers can see on their first visit.  Here are some recommendations I’ve gathered for preparing a house for sale and staging it for showings. Colorado Springs homes.


Tip #1: Refresh the exterior
First impressions count when it comes to selling Colorado Springs homes. Most buyers won’t even leave their car if they don’t find the exterior appealing. The best ways to improve your home’s exterior include:
-Repairing and/or replacing trims, shutters, gutters, shingles, mailboxes, window screens, walkways and the driveway.
-Painting siding, trim and shutters and lamp and mailbox posts.
-Pressure washing vinyl siding, roofs, walkways and the driveway.
-Washing windows.

Tip #2: Spruce up the lawn and landscape
Colorado Springs homes buyers associate the condition of your lawn and landscaping with the condition of your home’s interior. By improving the outside, you affect buyers’ impression of the entire property. The best ways to enhance the yard include:
-Mowing and edging the lawn.
-Seeding, fertilizing and weeding the lawn.
-Keeping up with regular lawn maintenance by frequent watering.
-Trimming and/or removing overgrown trees, shrubs and hedges.
-Weeding and mulching plant beds.
-Planting colorful seasonal flowers in existing plant beds.
-Removing trash, especially along fences and underneath hedges.
-Sweeping and weeding the street curb along your property.

Tip #3: Create an inviting entrance
The front door to Colorado Springs homes should invite buyers to enter. The best ways to improve your entry include:
-Painting the front door in a glossy, cheerful color that complements the exterior.
-Cleaning, polishing and/or replacing the door knocker, locks and handles.
-Repairing and/or replacing the screen door, the doorbell, porch lights and house numbers.
-Placing a new welcome mat and a group of seasonal potted plants and flowers by the entry.

Tip #4: Reduce clutter and furniture
A buyer cannot envision living in any of the Colorado Springs homes for sale without seeing it. A home filled with clutter or even too much furniture distracts buyers from seeing how they can utilize the space your home offers. If you have limited storage space, you may want to consider renting a temporary storage unit to place items you wish to keep. The best ways to declutter your home include:
-Holding a garage sale to prepare for your move, getting rid of unnecessary items.
-Removing clutter such as books, magazines, toys, tools, supplies and unused items from counter tops, open shelves, storage closets, the garage and basements.
-Storing out-of-season clothing and shoes out of sight to make bedroom closets seem roomier.
-Removing any visibly damaged furniture.
-Organizing bookshelves, closets, cabinets and pantries. Buyers will inspect everything.
-Putting away your personal photographs, unless they showcase the home. Let buyers see themselves in your home.
-De-personalize rooms as much as you can.

Tip #5: Clean, clean, clean
The cleanliness of Colorado Springs homes for sale also influences a buyer’s perception of its condition. The appearance of the kitchen and bathrooms will play a considerable role in a buyer’s decision process, so pay particular attention to these areas. The best ways to improve these areas include:
-Cleaning windows, fixtures, hardware, ceiling fans, vent covers and appliances.
-Cleaning carpets, area rugs and draperies.
-Cleaning inside the refrigerator, the stove and all cabinets.
-Removing stains from carpets, floors, counters, sinks, baths, tile, walls and grout.
-Eliminating house odors, especially if you have pets.
-Considering air fresheners or potpourri.

Tip #6: Make minor repairs
The small stuff does count, especially with first-time home buyers or with experienced sophisticated buyers who just don’t have time to do the small stuff when buying one of the Colorado Springs homes that are for sale. Without dismissing the importance of repairing major items such as a leaky roof or plumbing, you do not need to spend money on replacing these items. Instead, focus on the minor repairs that will make your home visually appealing. The best ways to improve your home include:
-Repairing ceilings and wall cracks.
-Repairing faucets, banisters, handrails, cabinets, drawers, doors, floors and tile.
-Caulking and grouting tubs, showers, sinks and tile.
-Adding fresh paint to ceilings, walls, trim, doors and cabinets.
-Tightening door handles, drawer pulls, light switches and electrical plates.
-Lubricating door hinges and locks.

Tip #7: Showcase the kitchen
The heart of any home is the kitchen; the same is true for Colorado Springs homes. If you are going to spend any money on renovations, this is the one area where you will see the greatest return. Even with a modest budget, focusing on a few key areas can make a great difference in getting the asking price for your property. The best ways to showcase the kitchen include:
-Replacing cabinet doors and hardware.
-Installing under-cabinet lighting.
-Replacing light fixtures.
-Replacing outdated shelving with pantry and cabinet organizers to maximize space.
-Baking cookies or cupcakes for a showing, to create a homey smell.

Tip #8: Stage furniture
Furniture placement can enhance the space of Colorado Springs homes while giving buyers an idea of how to best utilize the space with their own belongings. Take some time to rethink how different areas in your house could be used. Some ideas to think about include:
-Moving couches and chairs away from walls in your sitting and family rooms to create cozy conversational groups.
-Creating a reading corner in the master bedroom.
-Clearing an empty room to set up a reading space.
-Turning an awkward space into a home office.
-Setting the dining room table with your best china.
-Set wine glasses in front of the fireplace or next to a Jacuzzi tub.

Tip #9: Light up the house
Create a sense of openness and cheerfulness in your home through its lighting. To improve the lighting try:
-Opening shades and drapes to let the sunshine warm and brighten rooms.
-Installing brighter light bulbs in rooms that tend to be dark.
-Adding additional lamps for ambient lighting.
-Turning on all the lights for a showing.

Tip #10: Add fresh touches
You can easily add color and style to Colorado Springs homes by adding fresh touches throughout. Some ideas to consider include:
-Placing fresh floral arrangements in the entry and master bedroom.
-Placing bowls of bright-colored fruit in the family room and the kitchen.
-Filling an empty corner with a potted leafy plant.
-Setting new hand soap in the bathrooms.
-Displaying fresh towels near sinks.


Feel welcome to use the property search tool below to find Colorado Springs homes for sale AND find those that have sold to compare and contrast with those homes currently on the market. 
 - Terry Naber, RE/MAX Properties, Inc.


Call Terry Naber, Realtor,  at 719-590-4796 For More Information and Schedule a Property Tour!


Friday, August 16, 2013

Life and Real Estate In Colorado Springs IS Booming! Here is Why You Want To Live and Invest Here!

Market Conditions

....as of 8/5/2013.
Colorado Springs real estate sales continue to be brisk. July home sales were up 23.5% from last year, and the median price (1/2 above, 1/2 below) was up 6.5%. This is the 17th consecutive month where prices have risen compared to the prior year. The average price (mean) rose 8.8%, and the 90th percentile was to $416,000, indicating some strength at the upper end of the market. The July Median price is the second highest monthly median price ever. The inventory of unsold homes continues to be very low, and while the inventory actually rose by 8% over last year, with the rate of sales increasing, we now have only a 3.4 month supply at the July sales rate. July building permits for detached single family homes were up 34.3%, as more buyers choose new construction to compensate for fewer homes on the market.
The percentage of homes disclosed as distressed was 11.3%, or 136 homes.







Colorado Springs home buyers are continuing to take advantage of low interest rates. At the beginning of May, those rates were in the low 3′s, but by month end had risen to the upper 3′s, and by the end of June in low 4′s. It remains to be seen what direction rates will head, and what impact that may have on future sales. Rents continue to be high relative to the price to buy the same home, which further fuels purchase demand, but higher interest rates have the potential to change that some. The other unknown factor is the affect that the Black Forest fire will have on the market. With over 500 homes destroyed, there will be significant pressure on the rental market while those homes are replaced.
The unemployment rate in Colorado Springs for May 2013 was 7.9%, a significant improvement from March, but still well above the state average. Preliminary information from the Bureau of Labor Statistics indicates that June unemployment may have jumped to 9.1%
For more details check out our site at:  www.TerrySellsColoradoSprings.com
or Call Terry Naber at 719-590-4796

Friday, July 19, 2013

WANT TO SELL YOUR HOME FASTER FOR MORE MONEY? SECRET DECORATING TIPS REVEALED

TIPS ON DECORATING YOUR HOUSE TO SELL

When potential buyers step into your house, they want to see a clean, neat and attractively decorated house. What they DON”T want to see is something so overly decorated they can’t imagine their own furniture and possessions in the house. Plus, too many shelves and tables with knickknacks, too many overstuffed sofas piled with pillows can hide the architectural and structural features of a home.


















Here are a few tips on keeping a minimalist approach to your home decorating.

·    MINIMIZE. Put away EVERYTHING that isn’t absolutely essential. Even if you have get down on your knees and beg your neighbor for some storage space in their garage, (or rent a storage locker), do it. Remember, it isn’t forever, and you might find you can live without some of that stuff.

·    ORGANIZE. This is a good time to tackle that filing you’ve been putting off, and organizing your craft materials and other projects. Once again, get rid of anything you can live without temporarily. Better yet, start packing! And by the way, it’s easy these days to find attractive, inexpensive baskets in stores from WalMart to PierOne. Use those baskets to help keep you organized. A large basket can be used to stash magazines and coasters under the coffee table. Baskets can also be put to good use in bathrooms – put away all your personal items like make-up, toothpaste, shaving cream, etc. People can get distracted looking at the brand names of products you use; plus, having all that stuff around makes the house look used.

·    ARRANGE. The things you DO keep around can be rearranged in attractive ways to make your house look interesting. In the kitchen, for example, group canisters together. Spreading them out makes counter space look smaller. The same goes for ledges, end tables, bookcase, and fireplace mantels. Group no more than 3 things together, making sure they’re varying heights, and mix graduate sizes. For example, group 2 candles on one side of the mantel, and something smaller on the other side.
One thing to remember while decorating to sell is that potential buyers frequently spend more time looking at family photograph and items of a personal nature. That embroidered family tree your aunt made might well spark a long conversation that does nothing to sell your house. So temporarily put away those photos and other personal items.


The Key is to make the house look attractive, minimally decorated, and devoid of personal artifacts which distract the potential buyer and possibly prevents her from envisioning her OWN family and stuff in the house.

Terry Naber, RE/MAX Properties, Inc, is an experienced real estate professional since 1990 having served hundreds of clients and helping them in the process and dream of home ownership.  Terry KNOWS the market in the Colorado Springs, CO. region.  Give her a call to discuss your plans to sell and list your home, gather information, and find out what Terry can do to get you the best market price with the least time on the market!  
Call Terry Naber at 719-590-4796






Monday, July 1, 2013

9 Ways To Make Your Offer Irresistable To Sellers

1. Pay cash. Investors have been snapping up homes to flip or rent, and they usually come to the table with cash. Sellers love all-cash offers because they’re less likely to fall through before the sale closes. In January, all-cash transactions accounted for 28% of existing home sales, according to the National Association of Realtors. If you need a mortgage, a low appraisal could cause your bank to back out of the deal, forcing the sellers to put the house back on the market.

2. Get pre approved. If you can’t pay cash, you’ll need to get a mortgage. Three or four months before you shop for a home, check your credit reports, says Michael Corbett, a consultant to real estate Web site Trulia and author of Before You Buy! That will give you time to dispute any errors and take short-term steps, such as paying off debts, that will improve your credit score. You can get your reports once a year free from the three major credit bureaus at www.annualcreditreport.com. Then get a bank’s pre-approval. It won’t guarantee that you’ll get a loan, but it will show sellers that a lender has verified your income and credit score and determined that you can afford payments on a mortgage for a certain amount.

3. Make your best offer on price. You may only have one shot to get it right, so make your best offer—what you’re willing and able to pay. Base your offer on recent sale prices of com­parable properties in the neighborhood so that it will pass muster when the property is appraised. If you hold back, thinking you’ll sweeten the offer on the second try, you may lose the property to another buyer.




















4. Up the ante. You can add an escalator clause, with which you agree to ratchet up your offer if there’s a higher bid from another buyer. Keep in mind that if you agree to pay more than the market value determined by an appraisal, you’re on the hook for the difference from your own funds.

5. Beef up your earnest money. This deposit signals how serious a buyer you are. Try doubling the amount that the seller requests or that is customary in the area. If you must renege on the offer for any reason allowed by the contract or state law, you’ll get your money back.

6. Pay for extras yourself. These might include some of the closing costs, homeowners association dues that must be prepaid, a one-time contribution to a community-enhancement fund, or a home warranty.

7. Make contingencies palatable. Most sellers prefer offers with no contingencies, but you probably can’t afford to forgo the protection that contingencies provide if you want to cancel the contract. Offset a financing contingency with pre approval and a strong earnest money deposit. If you have enough cash, temper an appraisal contingency by assuring sellers that if the appraisal comes in lower than the purchase price, you’ll pay the difference or split it with them (up to a certain amount). Include a home-inspection contingency, but tell sellers that you will cover the cost of any repairs. If the price tag on those repairs gets out of hand, you can back out of the deal.















8. Write a love letter to the sellers. This will help you connect with the sellers, especially if you haven’t met them. She suggests such points as: “We’re relocating from…” “We see ourselves living in your neighborhood or chose your schools because…” “We especially love…” and “We appreciate your accommodating our visits.”


9. Give the gift of time. Express your willingness to work with the sellers’ timetable to go to closing. If the sellers want to remain in the home for a while after closing, offer them a “lease back” or “rent back,” which means that you will be their temporary landlord. This is a legal arrangement, and you’ll need to work out the details with your agents and be sure that the sellers keep their homeowners insurance during their stay. If you are bidding on a short sale, make clear to the sellers that you are patient and can wait for the bank’s decision.

Terry Naber, RE/MAX Properties, Inc, is an experienced real estate professional since 1990 having served hundreds of clients and helping them in the process and dream of home ownership.  Terry KNOWS the market in the Colorado Springs, CO. region.  Give her a call to discuss your plans to sell and list your home, gather information, and find out what Terry can do to get you the best market price with the least time on the market!  Call 719-590-4796.  
















(article reprinted; Inman news)