Mariana Wagner

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Move Into Your NEW Colorado Springs Home THIS YEAR and Get Up to $10,195!

Today’s Homes is offering a great incentive for people looking to buy a new home in Colorado Springs: *Buy your home THIS YEAR and you can get up to $5,195 in flexible incentive money and $5,000 toward closing costs on 6 of their best brand new homes across town!

21 Audubon:
3 bed 3 bath NEW home in Audubon Springs $162,264
New incentive: $4000 for closing costs plus 2% ($3265) Flex incentive. **

6657 Cottonwood Tree Drive:
3 bed 3 bath NEW home in Banning Lewis Ranch $257,938
New incentive: $5000 for closing costs plus 2% ($5159) Flex incentive. **

6658 Cottonwood Tree Drive:
2 bed 2 bath + study NEW home in Banning Lewis Ranch $217,193
New incentive: $5000 for closing costs plus 2% ($4344) Flex incentive. **

6667 Cottonwood Tree Drive:
3 bed 3 bath NEW home in Banning Lewis Ranch $239,632
New incentive: $5000 for closing costs plus 2% ($4793) Flex incentive. **

6677 Cottonwood Tree Drive:
4 bed 4 bath NEW home in Banning Lewis Ranch $272,683
New incentive: $5000 for closing costs plus 2% ($4793) Flex incentive. **

7833 Calabash:
2 bed 2 bath NEW home for sale in Forest Meadows $216,591
New Incentive: $5000 for closing costs plus 2%($4332) Flex incentive. **

*Price, incentives and availability may change. Call the Wagner iTeam for details: (719) 434-8346
** The Flex incentive can be used for upgrades or price reduction.

December 5th, 2011 by Mariana Wagner | 1 Comment »

New Homes for Sale in Flying Horse

The Flying Horse real estate market is a newer community in northern Colorado Springs.

The Solera neighborhood has 4 new homes available. These are the last 4 homes built in this part of Flying Horse. Prices range from the mid $300k’s to the lower $400k’s.

Below are some of the current NEW construction homes available in Flying Horse.

Showing properties 1 - 5 of 16. See more Flying Horse | NEW Homes.
(all data current as of 5/17/2012)

1. $366,273 : 1136 Spectrum Lp, Colorado Springs
   
   4 beds, 3 full baths

   Home size: 3,272 sq ft

   Lot size: 8,710 sqft

   Listed with Classic Residential Services
2. $399,900 : 1154 Spectrum Lp, Colorado Springs
   
   5 beds, 3 full baths

   Home size: 3,993 sq ft

   Lot size: 9,827 sqft

   Listed with Home Living Real Estate
3. $815,607 : 2153 Bent Creek Dr, Colorado Springs
   
   4 beds, 5 full baths

   Home size: 4,652 sq ft

   Lot size: 21,016 sqft

   Listed with RE/MAX Properties, Inc.
4. $799,500 : 1971 Bent Creek Dr, Colorado Springs
   
   4 beds, 5 full baths

   Home size: 4,800 sq ft

   Lot size: 16,000 sqft

   Listed with RE/MAX Properties, Inc.
5. $389,988 : 1102 Crystal Basin ., Colorado Springs
   
   4 beds, 3 full baths

   Home size: 3,694 sq ft

   Lot size: 14,623 sqft

   Listed with All American Homes, LLC

Listing information deemed reliable but not guaranteed. Read full disclaimer.

December 1st, 2011 by Mariana Wagner | Leave A Comment

Colorado Springs Real Estate: Duplexes for Sale

(*Photo From: http://flickr.com/photos/grantmac/340884007/
Uploaded on January 1, 2007 by jgrantmac Flickr.com)

The Colorado Springs real estate market offers more than just single family homes for sale. In fact, there are some great opportunities to buy a home AND make some monthly income in the process.

If you are thinking of buying a home in Colorado Springs, have you ever considered buying a duplex?

Buying a duplex in Colorado Springs could give you the opportunity to live in one side, and rent out the other side. The rent from the other side can cover part of your mortgage payment, offering you a great opportunity to build equity AND have lower monthly expenses.

Right now (November 2011) there are 26 Duplexes for Sale in and around Colorado Springs. Prices range from $69,900 to $325,000 and rents range from $350 per unit to over $1,675 per unit. (Unit = one half of a duplex.) Some duplexes are 1 bed 1bath units, while others can be 3 bed 2bath units with private garages. It all depends on where in town you are buying and how old the duplex is.

Most duplexes in Colorado Springs can be found in the central/downtown part of town, but you will also find quite a few for sale in Old Colorado City (west Colorado Springs) and the Southwest part of town (near Fort Carson).

If buying a duplex in Colorado Springs sounds interesting, and you would like to know more about what kind of financing is available for duplexes, you can call us and we will direct you to a lender that can help you get approved: 719.434.7525

If you are interested in searching for Duplexes for sale in Colorado Springs, check out our Residential Colorado Springs Income Property Search [BELOW]. This search will include all types of residential income property for sale in Colorado Springs, including (but not limited to) duplexes.

Colorado Springs Income Property for Sale

Showing properties 1 - 5 of 105. See more Income Property.
(all data current as of 5/17/2012)

1. $259,900 : 1127 Magnolia St, Colorado Springs
   
   0 beds, 0 baths

   Lot size: 7,969 sqft

   Listed with Mark A Real Estate Services
2. $464,900 : 2912 Concord St, Colorado Springs
   
   0 beds, 0 baths

   Lot size: 27,000 sqft

   Listed with RE/MAX Properties, Inc.
3. $140,000 : 737 E Vermijo St, Colorado Springs
   
   0 beds, 0 baths

   Lot size: 9,511 sqft

   Listed with Community Realty
4. $185,500 : 124 N Farragut Av, Colorado Springs
   
   0 beds, 0 baths

   Lot size: 8,250 sqft

   Listed with Epic Real Estate Group, Inc.
5. $91,900 : 1116 E Fountain Bl, Colorado Springs
   
   0 beds, 0 baths

   Lot size: 6,600 sqft

   Listed with Muldoon Associates, Inc.

Listing information deemed reliable but not guaranteed. Read full disclaimer.

[This is s re-post from an article written here in 2008. All information has been updated to reflect current MLS data.]

November 30th, 2011 by Mariana Wagner | 7 Comments »

Conforming Loan Limits Unchanged For 2012

A conforming mortgage is one that, literally, conforms to the mortgage guidelines as set forth by Fannie Mae and Freddie Mac.

Conforming mortgage guidelines are Fannie’s and Freddie’s eligibility standards; an underwriter’s series of check-boxes to determine whether a given loan should be approved.

Among the many traits of a conforming mortgage is “loan size”.

Each year, the government re-assesses its maximum allowable loan size based on “typical” housing costs nationwide. Loans that fall at, or below, this amount meet conforming mortgage guidelines. Loans in excess of this limit are known as “jumbo” loans.

Between 1980 and 2006, as home values increased, conforming loan limits did, too, rising from $93,750 to $417,000. Since 2006, however, despite falling home prices in many U.S. markets, the conforming loan limit has held steady.  This will remain true for 2012 as well.

In 2012, for the 7th straight year, the national, single-family conforming mortgage loan limit will remain at $417,000.

The complete 2012 conforming loan limit breakdown, by property type :

• 1-unit properties : $417,000
• 2-unit properties : $533,850
• 3-unit properties : $645,300
• 4-unit properties : $801,950

However, there are some areas nationally that have earned ”loan limit exceptions” based on the local median sales prices. These areas are known as “high-cost” areas and loan limits within these regions range from $417,001 to a maximum of $625,500.

Some examples of high-cost areas include San Francisco (along with a most of California), New York City, and most of Hawaii and Alaska. Nationally, there are approximately 200 such “high-cost” areas.

Verify your local conforming loan limit via the Fannie Mae website. A complete county-by-county list is published online.

November 25th, 2011 by Mariana Wagner | 1 Comment »

55+ Communities in the Colorado Springs Real Estate Market

Colorado Springs is home to about several different 55+ communities. In addition to these age-restricted communities, there are other “active adult” neighborhoods, that are not strictly defined as 55+.

Here are some* of the available homes available for sale in 55+ retirement communities, in Colorado Springs:

Mackenzie Place Union Condos

• Location: Union and Circle
• HOA Dues: $250/month
• Dues Cover: fitness area, indoor heated pool, restaurant access, clubhouse, theater, 24-hour on-site staff and handyman, salon, exterior maintenance, snow and trash removal.
• Year Built: 2008
• Available Homes: Average home is 2 bed, 2 bath and sells for between the $200k’s-$300k’s.
• Pets: OK

Heritage Park Condos

• Location: Palmer Park and Union
• HOA Dues: $181/month
• Dues Cover: clubhouse, snow and trash removal
• Year Built: 1982
  
• Available Homes: Average home is 1-2 bedroom and 1 bathroom and sells for between $50k-$80k
• Pets: NO

Lutheran Village

• Location: Wooten and Galley
• HOA Dues: $87/month
• Dues Cover: clubhouse, snow and trash removal
• Year Built: 1987
  
• Available Homes: Average home is 2 bedroom and 2 bathroom and sells for about $85k
• Pets: OK

Elm Grove Villa

• Location: Bradley and Hancock
• HOA Dues: $80/month
• Dues Cover: lawn maintenance, snow and trash removal
• Year Built: 1984
  
• Available Homes: Average home is 2 bedroom and 1 bathroom and sells for about $80k
• Pets: OK

Brookdale Village at Skyline “Patriot Heights”

• Location: Lower Gold Camp Road
• HOA Dues: $206/month
• Dues Cover: gated community, pool, clubhouse, rec room, snow and trash removal
• Year Built: 1989
  
• Available Homes: Average home is 2 bedroom and 3 bathroom and sells for about $195k
• Pets: OK

Valley Hi

• Location: Airport and Chelton
• HOA Dues: $198/month
• Dues Cover: pool, clubhouse, exercise room, utilities, snow and trash removal
• Year Built: 1965
  
• Available Homes: Average home is 2 bedroom and 2 bathroom and sells for about $60k
• Pets: OK

Skyway Plaza

• Location: South 8th and Cheyenne Blvd.
• HOA Dues: $267/month
• Dues Cover: clubhouse, rec and exercise rooms, snow and trash removal
• Year Built: 1989
  
• Available Homes: Average home is 2 bedroom and 2 bathroom and sells for about $86k
• Pets: NO

Encore at Flying Horse - Active Adult Community

• Location: Flying Horse
• Year Built: NEW HOME COMMUNITY
  
• Available Homes: Prices start from the $320k’s. View available floor plans.
• Comments: Taken from the Encore website:
  “Whether you’re ready for retirement or simply want to enjoy the benefits of a rewarding active adult lifestyle, Encore offers a true sense of community where the club is the heart of the community and your neighbors become your friends.  With a selection of floor plans featuring stucco and stone exterior, these detached ranch-style homes come fully landscaped with sprinkler systems and the low cost HOA includes landscaping maintenance, snow removal and trash service.  Your new home purchase also includes a social/fitness membership to the Flying Horse Club and Spa.”

*Not all 55+ communities list their available homes for sale in the local MLS. Sale price info as of 2011 MLS data, and is subject to change. There are also several 55+ apartment/rental communities that are not listed here. For more information, please contact the Wagner iTeam. (719) 434-8346

An alternative to 55+ communities is buying a patio home. Patio homes are lower maintenance and there are several communities to chose from, but they may not offer the same amenities that 55+ communities offer.

For more information on any homes for sale in Colorado Springs,
please contact the Wagner iTeam (719) 434-8346

November 16th, 2011 by Mariana Wagner | 1 Comment »