Owning real estate has continued to be a good long-term investment and housing option. When you are a property owner, you generally have the freedom to maintain and care for a property in any manner you wish as long as you comply with local safety…

Your house is an investment, and it is important for you to treat it as such. The time for you to capitalize on that investment is when you go to sell your house. Even though factors such as the age of your house, size of…

Going through a foreclosure is probably the most stressful experience for any homeowner. You may not only lose your property, but a foreclosure will also have a negative impact on your credit score. In this article, you will learn more about how foreclosure affects your…

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…