The Colorado Springs Real Estate Connection is happy to announce that the $8,000 Home Buyer Tax Credit HAS been extended! It passed Congress and was signed into law by President Obama on 11/6/2009!
To qualify for this Tax Credit extension, you must not have owned a home in the last 3 years. Income limits for this tax credit have been raised and now are:
In addition to that,this new law offers $6,500 tax credit to EXISTING home owners who have lived in their current home for 5 consecutive years of the last 8 years, and want to “move up” and buy a different home (up to $800,000)!
However …
“Just because the $6,500 tax credit feature has been “labeled the move-up credit”, it does not mean that you must purchase a bigger or costlier home. You could always downsize & still take advantage of the credit.” – Move Up $6,500 Tax Credit – Can I Downsize Now? [Nannette Saunders - Lynchburg VA Real Estate agent]
Whether you are a first time home buyer or an existing home owner looking to move please remember, the home must go under contract by April 30, 2010 and close by June 30, 2010.
Not only does the extension help first time home buyers get a home, but it also helps reward current home owners who have stuck it out through this shifting market.
Remember: *Please talk with your tax attorney or accountant to see if and how this tax credit could apply to you.
For more information on how we can help you take advantage of the extended and expanded tax credit, please give us a call: 719.434.7525
Thanks for reading our Colorado Springs Real Estate Blog!
Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
Pictures of Colorado Springs
(719) 434-7525
Brand new 3 Bed 3 Bath Townhome in New Community. As you enter the home, you will love the gathering room/living room to the left complete with 2-story ceilings, a tiled gas fireplace and a large powder room. Further inside you will find access to the attached 2-car garage and upgraded wrought iron banister that leads you up a half flight of stairs to the rest of the main level. In this part of the home you will find the family room, dining area and kitchen. This kitchen comes with all new black appliances, breakfast bar and convenient butler pantry. This level also walks out to the private 20x10 rear deck currently overlooking Pikes Peak and the Rocky Mountains (views may change as the community grows). The full upper level of this home has all 3 bedrooms, full hall bath and spacious laundry room. The master bedroom boasts a walk-in closet and a private 4 piece master bathroom with double vanities. This townhome is situated in a fully completed section of the community close to schools, parks and shopping!
For current pricing and availability, please call the Wagner iTeam @ Keller Williams Realty 24 hour Recorded Hotline: 1-800-610-0037 Ext. 4114
Thanks for reading our Colorado Springs Real Estate Blog!
Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
Pictures of Colorado Springs
719.434.7525
Brand New 4 Bedroom 3 Bathroom Ranch-Style Home Adjacent to Walking Trails! As you cross the front porch (boasting stunning Pike Peak views), you will enter into the foyer with coat closet. To the right is the sunny second bedroom, a full bathroom and spacious walk-in laundry room. Further in the home you will love the open floor plan with great room concept! There is a carpeted great room with vaulted ceilings, a tiled gas fireplace and a nice dining area - both walk out to the 28x10 deck and fenced rear yard. The extended kitchen boasts upgraded maple cabinets, recessed lighting, all new appliances and a eat-at breakfast bar. The main level master bedroom has vaulted ceilings, a walk-in closet and a private 5 piece master bathroom with oval soaking tub and raised double vanity. There is a full finished, garden level basement with a family room, rec room/work out area, a full bathroom, 2 more bedrooms and a convenient storage room. Other features include: Central A/C, upgraded rounded corners and 5.1 surround-sound pre-wire. No neighbors to the immediate north just great community hiking trails! Walking distance from BLR Academy and the BL Ranch House.
For current pricing and availability, please call the Wagner iTeam @ Keller Williams Realty 24 hour Recorded Hotline: 1-800-610-0037 Ext. 4174
Thanks for reading our Colorado Springs Real Estate Blog!
Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
Pictures of Colorado Springs
719.434.7525
According to RealtyTrac, there were 494 foreclosure filings in September 2009 against Colorado Springs home owners. This takes the total to about 29,511 active Colorado Springs foreclosures.
One of the questions that we hear a lot is:

Since there are almost 30,000 Colorado Springs foreclosures, then this question MUST be being asked a lot.
Read the Full Report: My Colorado Springs Home is in Foreclosure. When Do I Need to Move Out?
GOOD NEWS: Just because you fall behind on your mortgage payment, and cannot catch up, does NOT mean that you need to move out immediately.
In fact, you may have up to 7 months to stay in your home before you need to move out!*
Let’s understand the foreclosure process in Colorado**:
Based on this information, you could possibly live in your home for up to another 7 months after your 1st missed payment, before HAVING TO MOVE. Use this time to save your money to get into another home.
More Questions? Contact us for a free, no-obligation,
PRIVATE consultation regarding your situation: 719.434.7525
Now, there are options that could both have you AVOID foreclosure AND stay in your home even longer.
*Please contact a real estate attorney to see how this does or does not apply to you.
** The foreclosure process difffers from state to state so PLEASE contact a local real estate attorney to fully understand YOUR local timeframe.
We are Certified Distressed Property – Colorado Springs Short Sale Experts and know how to help you.
Contact us: 719.434.7525 or ShortSaleHelp@wagneriteam.com
Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Hope Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
(719) 434-7525
The Flying Horse real estate market is in the northern Colorado Springs. Flying Horse is one of the more prestigious Colorado Springs neighborhoods, with an 8-Hole Championship Tom Weiskopf Flying Horse Golf Course and the lavish Club at Flying Horse.
Read More: About Flying Horse

Here are the Flying Horse homes that sold in October, 2009:
Currently there are 43 active Flying Horse homes for sale – Priced from $368,841 – $4.1 Million, and 12 homes under contract.
For more information on homes for sale in Flying Horse, please contact the Wagner iTeam: 719.434.7525
Read the Full Report: Homes for Sale in Flying Horse – October 2009
Thanks for reading our Colorado Springs Real Estate Blog!
Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Hope Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
Pictures of Colorado Springs
(719) 434-7525
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