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Enid Beitzel, MRE, CRS, GRI

Skyway Heights in Colorado Springs update September 9, 2009

According to our MLS system there are currently 6 homes for sale in Skyway Heights, Colorado Springs with prices ranging from $585,000 to $775,000. One property is Under Contract with a list price of $629,000 and one other property sold this year with a sale price of $650,000

If you have any questions send me an email. My email address is enid@beitzel.com

Austin Heights in Colorado Springs update--September 5, 2009

There are currently 4 homes listed for sale in our MLS system for Austin Heights in Colorado Springs with prices ranging from $386,000 to $485,000. One other property is pending with a list price of $350,000. Eight properties have closed this year with prices ranging from $245,000 to $485,000. We have had a good year for sales in Austin Heights. What a great time to purchase a home!

Is homeownership right for you?

Purchasing a home is no doubt the biggest investment you will ever make. Homeownership has many benefits but also brings responsibility.

It is important that you have a steady income and steady employment history for at least 2 years. You must have a good credit history. It is important that you can not only make your house payment but also have extra for maintaining your home.

When purchasing a home you need to consider the changes it brings. You need your monthly payment to fit into a decent budget so you will not be cash poor and can afford to enjoy eating out or some sort of entertainment once in awhile. There are many sources for you to find out details on how to manage your income and expenses so you can live happily! Check out the website at www.freddiemac.com

Mortgage Update--August 24, 2009

Interest rates are still hovering around an all time low of 5%.

VA loan limit is $417,000

FHA loan limit in El Paso county for single family is $325,000

Hurry, Buyers, to beat the tax credit deadline!

Time will be running out for first time home buyers to take advantage of the $8,000 tax credit. You have to close on your property by Nov. 30th and it is taking up to 45 days to close a loan so all interested buyers need to get a wiggle on or it will soon be too late.