In today’s real estate market, assumable loans are being pushed a lot by listing agents. But what is an assumable loan and is it a good option for you? Troy Reichert, from the Reichert Mortgage...
We sat down with Troy Reichert, from the Reichert Mortgage Team, to discuss interest rate buy downs. What are they? Are they worth the cost? When are they beneficial? Who pays for them? We answer...
Our team has been anxiously watching the numbers for Colorado Springs real estate over the course of the last several months. This month, we’re taking a break from our holly jolly holidays to bring you...
When will the housing bubble burst? When will home prices start to go down? Why is housing in Colorado Springs so expensive? These are all questions we are getting on nearly a daily basis. People...
Is now a good time to buy a house? Is the Colorado Springs housing market cooling off? Should I wait for interest rates to go back down? These are all questions we are getting asked...
What is the difference between pre-qualified and pre-approved? Buyers often hear they need to be pre-qualified and pre-approved. While these are critical steps in the home buying process, people often use these terms interchangeably. The...
What is PMI or Private Mortgage Insurance? You hear this term tossed around quite a bit in the world of real estate. However, most people aren’t quite sure what it means or know if it’s...
Your credit score when buying a house directly impacts your interest rate, loan amount, and ability to qualify all together. In the current Colorado Springs real estate market, you’re going to need all the purchasing...
Buying a house with cash has many benefits and makes for an appealing offer. But is cash still king? We all know the Colorado Springs real estate market is super competitive, which may lead you...
Being a first time homebuyer can be daunting. There’s a lot of information out there, but we’re here to help. Here’s a step by the step guide to buying a house in Colorado. Pre Approval...