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 owned business with a passion for real estate. We are […]
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 are granted authority over their affairs, you may be wondering […]
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 suddenly find yourself in the will of a friend or […]
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 expensive home repairs that any homeowner may have to deal […]
You’re ready to sell your home. But you’ve only experienced the sales process from the other side. What does it actually look like to sell a house? What are you going to need to go through, and how long is it going to take? The “Traditional” Process of Selling a House The traditional process of […]
Facing foreclosure is a scary and stressful experience. Foreclosure is when a lender takes back a property because a homeowner failed to pay their mortgage. The worst thing about foreclosure is its negative impact on your credit score, which lasts up to seven years. That means that if you have experienced a foreclosure, you will […]
If you need to sell your house as is, but it’s sorely outdated or needs a considerable amount of work, selling through traditional realty avenues can be challenging. That’s not to say it’s impossible, but it’ll take some extra work and a hefty dose of patience on your part. Aside from working with a realtor, […]
You listed your home for sale, crossed your fingers, and prayed to the real estate gods for an interested buyer. Unfortunately, that buyer hasn’t made an appearance yet. Despite showing after showing, your house has been sitting on the market for weeks, and try as you might, you can’t seem to figure out why. What […]
If you are a homeowner and are thinking of selling your property, there are certain things you need to take into consideration. These include a variety hidden costs that many home sellers do not know or forget about. Selling a home may cost much more than you think, and you should be always prepared for […]
Are you behind on your mortgage? Worried your lender might foreclose on your house? Then it’s important to understand that the implications of foreclosure extend beyond a negative mark on your credit report. A foreclosed property may also affect your tax liability if you had a net gain as a result of foreclosure. Because the […]
Are you worried about foreclosure? Do you want to sell a house that needs work? Are you looking to sell your house fast because you need to move unexpectedly? Regardless of your reason for needing to sell your home, you may have considered working with a cash-for-houses company. Perhaps you’ve done a little research on […]
So, you have decided to move and need to sell your home. You can either sell it with the help of a realtor or do it yourself. Selling a home yourself — “for sale by owner” — is a great option for those who want to save some money because they won’t have to pay […]
Are you thinking about selling your home but don’t want to go the traditional route and hire a realtor? You are not the only one. Many sellers prefer not to work with real estate agents, and want to save the money a realtor’s commission takes from the sale. The amount can be as high as […]
Do you want to sell your old house that needs some repairs but lack the money for a complete renovation? Selling is still possible. All you need to do is follow the tips in this article prepared by Purple Mountain Holdings, a family-owned real estate investment company located in Colorado Springs. Tip #1 – Do […]
Selling a house is an exciting yet stressful experience. If you’ve decided to sell your property in Colorado Springs, you might have asked yourself: When is the best time to reach the most potential buyers in the real estate market? When is it going to be easier for you? To answer these questions, Purple Mountain […]
If you haven’t paid taxes, a lien can be placed on your home. This can be a huge financial burden. If you want to sell your home, those liens will get paid off first, putting far less money in your pocket. Let’s take a look at what a tax lien ultimately means for you and […]
Pre-foreclosure is exactly what it sounds like: it’s when a house is about to go into foreclosure but hasn’t yet. During pre-foreclosure, there’s a lot that homeowners need to know — about their situation, what they can do about it, and what their rights are. Here’s what you need to know about the pre-foreclosure process […]
You have been living in your home for a while and you still like the place. However, it is no longer what you need or want. So, you probably start asking yourself, “Should I put my home up for the sale and move out, or remodel it and stay?” In order to answer this question, […]
When it comes to selling a home, most people prefer to work with realtors because it is the traditional and proven method used by millions of homeowners. However, working with a realtor is not always a positive experience. There is no doubt that realtors are professionals who know what they are doing and who will […]
When we think about selling our home, we often think about selling to a family or maybe even a young professional. But there’s another option too: selling your home to a home investor. Selling your home to a home investor has a lot of benefits, but they’re also situational. Here’s what you need to know. […]
Your home isn’t your “forever home.” But how do you know when it’s time to sell? Selling a home is a unique, individual process. It depends on the market, your position in life, and your current needs. Here are a few signs that you might be ready. Your Home No Longer Suits Your Needs If […]
There once was a time when people would build their home with their own two hands, and then they would live it in for their entire lives. That tradition largely ended a hundred years ago or so. Today, a house isn’t just where you live. It’s an investment. Because of that, it’s perfectly normal to […]
Buying a house is a huge commitment. Sometimes, first-time homeowners learn that they don’t really want all of the extra work and hassle that comes with owning a house. In other cases, circumstances change, and the house that was great becomes an untenable burden. No matter how you get to the situation, if you want […]
You want to sell your house, but you still have tenants. Maybe they’re on a month-to-month lease. Maybe they have another year to go. Regardless, you’re selling an encumbered property. What’s your next step? Before we even start, you need to know that selling a house with tenants comes with some major challenges. First, showings […]
Are you thinking about selling your house? If you haven’t gone through the process before, you should know that it’s a major financial event with many moving parts. One of the most important things to understand is what will happen to your mortgage when you sell. We’re going to break that down for you right […]
You’re moving, but there’s one catch. What do you do with your existing house? You can rent it or you can sell it. It’s a hard question to answer, and can be complicated by several factors. Let’s talk about the pros and cons of each. Renting Isn’t for Everyone Renting is expensive and time consuming. […]
In Colorado, there are two ways that a lender can foreclose: judicial foreclosure and nonjudicial foreclosure. But foreclosure isn’t a black-and-white process. If you’re about to go into foreclosure, the situation may be more complicated than you think. Here is what you need to know about the foreclosure process in Colorado: Lenders Have Different Rules […]
Your house has been on the market for months, but it just won’t sell. You’ve watched other houses on your block hit the market and within just a few days they’re snapped up. What’s going on with your property? Why won’t it sell? Every property is unique, and every market is unique. But there are […]
Sometimes it’s unavoidable. Perhaps your house just got away from you. Maybe a sinkhole suddenly appeared. Maybe you inherited a long-neglected house from a distant relative. Regardless of the situation, you could have a home that’s about to be condemned. What does that mean to you? No One Can Live in a Condemned Home When […]
There are serious consequences to going into foreclosure. Not only could you become responsible for large fines, penalties, and legal costs, but you could also find yourself unable to purchase another home for years. Foreclosure is always the last thing you want to happen, but many feel powerless to prevent it. You shouldn’t; there are […]
As a home seller, you know that whether your buyers have a mortgage or not, they’ll be presenting you with cash. So what makes a cash offer so important? After all, it’s going to become cash anyway, right? The truth is, a cash offer is objectively better than any other type of offer. Here’s why. […]
If you’re ready to sell your house, you have a lot of work to do. Markets are unforgiving, and whether housing is hot or cold right now, you can expect some wait time and some elbow grease to be parts of the equation. If you want to sell your house as quickly as possible, that […]
Everyone feels weighed down by additional debt. But there are ways that you can get out of debt quickly and start moving on with your life. Here are 8 tips to help you get out of debt quickly: 1. Set Up a Loan Consolidation Consolidate your debts into a single, low monthly payment, so you’ll […]
If you’re selling a home for the first time, chances are you’ve got questions. That’s okay, because Purple Mountain Holdings is here to help. We work with homeowners just like you every day. Here are some important questions to ask when selling a house, along with their answers: 1. Is it the Right Time to […]
Many homeowners have pets, but not everyone will adore your four-legged friend. Some home buyers want a pet-free environment without the odors, dander, and scratch marks on the hardwood floors. If you have a pet in your home, chances are you’ve got your work cut out for you. It’s not the end of the world, […]
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