One of the most stressful and devastating experiences that a homeowner can go through is foreclosure, and pre-foreclose is the first step. Foreclosure is the process during which a lender takes a property back because the homeowner failed to pay their mortgage. One of the…

At Purple Mountain Holdings, we understand that difficult situations happen in life. In the event that a homeowner cannot keep up with monthly payments on a mortgage, they are at risk of foreclosure. Foreclosure is a legal process in which the bank or lender that…

Believe it or not, it is possible to sell a sinkhole house. This generally requires a sinkhole that can be repaired or has already been repaired, at least if you go the traditional route, but there are other options. We go over some here. Call…

Thinking about selling your house? Then it’s smart to have at least a general idea of what your property is worth. So how do you determine that? There are several factors that help determine the fair market value of your home, including the current real…

You have a property that costs you $2,000 a month. But you can only really rent it out in your area for $1,500 a month. Should you continue renting it at a negative cash flow, or should you sell the property at a loss? It’s…

When you get a divorce, it’s often just easier to sell your property. Sure, you could try to divide it, but should you? Unlike cash, homes cannot be split down the middle. That being said, it can take a lot of time and a lot…

If you own a home in Colorado Springs or any other nearby town, and you want to sell it as quickly as possible without spending time and money on preparing it for sale, Purple Mountain Holdings is ready to help you. We are a locally…

It’s estimated that between 5 and 14 million Americans are compulsive hoarders. So if you have a family member or a loved one who suffers from this disorder, you are not alone. If someone close to you is a hoarder and passes away, or you…

Inheriting a property can be an unexpected blessing or a major inconvenience. Either way, it’s typically an emotional process that can be difficult to understand if you’re not prepared. Here is a helpful guide to show you how to sell an inherited property if you…

Homeownership is not cheap, and it comes with headaches, such as regular fixes and repairs. The average homeowner spends over $4,000 on emergency and routine repairs. Some repairs are not expensive, while others may cost you a fortune. Here is a list of the most…