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10616 Darneal Drive – Featured Home for Sale in Countryside North

10616 Darneal Drive

10616 Darneal Drive, Fountain CO 80817
~ Countryside North ~

Stunning Move-In Ready 4bed home boasts a sunny open floor plan and over an acre lot.  Better than new w/large rooms and tons of space! Hardwood floors welcome you at the foyer and extend throughout the main level great room. You will love the kitchen that has granite counters, stainless appliances, ample cabinets and a huge island overlooking the dining area and living room. There is a tiled gas FP and access to the huge rear yard. Off the main hall is a bedroom/office and further inside double doors beckon you into the master suite w/lg walk-in closet and a great 5pc master bath w/tiled split double vanities. The garden level basement has lots of natural light and offers a huge family room, 2 more bedrooms, bath and tons of storage room. Out back you will feel away from it all on over an acre lot, fully landscaped – complete w/wood deck, 2-level concrete patio, low-maintenance yard w/playground area and mountain views! Other features of this beautiful home include: Central AC, window coverings, main level laundry and 3car garage. Located at the end of a cul-de-sac in a new neighborhood–close to Ft. Carson and minutes from schools and I-25.

MORE PHOTOS: https://www.flickr.com/photos/wagneriteam/sets/72157646335504817/

VIRTUAL TOUR: http://www.seetheproperty.com/147898

Listed By: Derek Wagner – Wagner iTeam at Keller Williams Realty 719-434-7525

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Five Absolute Truths About the Home Buying Process That You Will Need to Come to Terms With

Five Absolute Truths About the Home Buying Process That You Will Need to Come to Terms WithBuying a home is one of the most exciting times that an individual will undertake in life. However, a property purchase is not without its challenges, and these can cause frustration. In this article we’ll share five potential setbacks that home buyers will need to understand and come to terms with to make a successful purchase.

Homeowner’s Insurance is Necessary

Most lenders will require insurance before financing is approved. To fulfill these requirements, the policy should be for at least one year and proof that the policy has been paid for must be presented. Purchasing the policy is something that must be done before closing can take place, so if you’re sure that this is the home for you, don’t delay.

Some Sellers Are Firm, No Matter What

In an ideal situation, the buyer and the seller come to a mutual agreement very easily. However, in most cases negotiation of some type is likely to be a part of the process. As with most negotiations, to reach success both sides will need to compromise.

Probate Properties Have Special Terms

When the original homeowner has died, there are certain considerations to keep in mind that do not typically apply to other types of property. One is the fact that there is a special process that must be completed before the property can be sold, even though the heirs may advertise the property as being for sale ahead of time. Another factor to keep in mind is that a recently probated property may have been uninhabited for some time and will be sold ‘as is’.

Loan Offers May Not Be Set in Stone

A common pitfall for many buyers is the assumption that home financing will be approved without issue. Unexpected circumstances may arise that cause a mortgage loan to be denied, which can cause an unprepared buyer numerous issues. Many sellers, in anticipation of such problems, have a contingency requirement.

Expect Caution from Sellers

If a seller treats your offer with caution or trepidation, don’t take it personally. Many homeowners have been burned during previous sales, and you have no idea what the seller has been through with potential buyers this time around. If someone is exercising caution, there’s likely a good reason for it.

In closing, remember that the best way to purchase a home is through a real estate agent. When you’re ready to jump into the property market, contact a trusted local agent and they’ll be ready to assist.

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What’s Ahead For Mortgage Rates This Week – Aug 11, 2014

Whats Ahead For Mortgage Rates This Week Aug 11 2014

Last week’s housing related news was minimal, but a Federal Reserve survey of senior loan officers revealed that although credit standards for commercial and industrial loans as well as credit cards are easing, current mortgage credit standards are more stringent than in 2005. This could be a contributing factor to slowing housing market gains while other sectors of the economy are recovering at a faster pace.

Qualified Mortgage Rules Impact Non-Conforming Mortgages

The Senior Loan Officers survey also noted that qualified mortgage rules have slowed approval of prime jumbo mortgages and non-traditional home loans. This suggests that applicants falling outside of stringent qualified mortgage rules can expect challenges when buying or refinancing their homes.

In other housing news, Freddie Mac’s Primary Mortgage Market Survey reported that last week’s mortgage rates were mixed. Mortgage rates for a 30-year fixed rate mortgage averaged 4.14 percent with discount points of 0.70 percent against last week’s reading of 4.12 percent with discount points of 0.60 percent. 15-year mortgage rates averaged 3.27 percent with discount points of 0.60 percent. This was an increase of four basis points, although discount points fell from 0.70 percent to 0.60 percent. The average rate for a 5/1 adjustable rate mortgage was 2.98 percent, a drop of two basis points, with discount points unchanged at 0.50 percent.

Fewer Jobless Claims, Service-Related Business Growth Exceeds Expectations 

The weekly Jobless Claims report brought a lower than expected reading of 289,000 new claims as compared to predictions of 305,000 new jobless claims. In other economic news, the Institute for Service Management (ISM) reported that its non-manufacturing index rose from June’s reading of 56.00 percent to 58.70 percent in July. Analysts had forecasted July’s reading at 56.50 percent. July’s reading represented the highest growth rate for service-related businesses since 2005.

According to the Department of Commerce, June factory orders rose by 1.10 percent over May’s reading of -0.60 percent against an expected reading of 0.60 percent. As business expands and factory orders increase, it’s likely that jobs and hiring will also grow. Steady employment is a compelling factor for most home buyers and positive reports in labor and industrial sectors could boost housing markets as more buyers increase demand for homes.

What’s Ahead

Next week’s economic reports include retail sales, retail sales excluding automotive, industrial production and the weekly reports on mortgage rates and new jobless claims. While there isn’t much housing news expected next week, readings in other economic sectors can suggest potential trends in housing markets

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7849 Brandy Circle – Featured Town Home for Sale in Briargate

7849 Brandy Circle, Colorado Springs CO 80920
~ Briargate ~
7849 Brandy Front of Home

Wonderful town home in D-20! This home boasts true main level living with a sunny open floor plan. The front door opens to the living room w/gorgeous wood floors that extend throughout the dining and kitchen. There is a tiled fireplace and vaulted ceilings in the living room and a spacious dining area. The kitchen has a eat-at bar, pantry and includes all appliances. There is a great main level master with walk in closet and access to the full bathroom. The upper level of this home has a great loft w/skylight and built-in shelving and overlooks the living room. This level also has the second master suite with vaulted ceilings, walk in closet, and private full bathroom. There is a wrap-around wood deck and detached garage. Located on a corner lot in a pet-friendly community, close to schools, parks and shopping.

MORE PHOTOS: https://www.flickr.com/photos/wagneriteam/sets/72157645921914660/

Listed By: Derek Wagner – Wagner iTeam at Keller Williams Realty 719-434-7525


More Town Homes for Sale in Briargate:

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5014 Farris Creek Court – Featured Home for Sale in Cordera

5014 Farris Creek Court
Colorado Springs CO 80924
~ CORDERA~

5014 Farris Creek Front of Home2

Wonderful opportunity to live in this newer, north end neighborhood! This home has tons of charm and room to expand! Beautiful hardwood floors in entry span throughout kitchen, dining and hallways. Off foyer is formal dining room or a perfect den/office! Further inside is an open floor plan w/a kitchen boasting granite counters, tile backsplash, eat at island and attached dining. Off the kitchen/dining is the sunny living room w/vaulted ceilings, gas fireplace and access to rear yard and patios. The main level also has: full laundry room, coat closets, half bath and access to oversized 2+car garage.

The upper level has 2 secondary beds, full bath and a wonderful master suite w/coved ceilings, walk in closet, 5pc bath w/tiled split vanities and a 2-sided gas FP connecting the bedroom w/the sitting room! Huge 1,072sf unfinished basement offers room to expand! Fully fenced rear yard w/stone and concrete patios.

Conveniently located on cul-de-sac – walking distance from parks, rec center (heated pool, exercise room and grand lawn!), walking trails and minutes from D-20 schools and shopping!

MORE INFO: https://www.flickr.com/photos/wagneriteam/sets/72157646323119171/

Listed By: Derek Wagner – Wagner iTeam at Keller Williams Realty (719) 434-7525


More homes for Sale in Cordera:

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