INVESTOR? FIRST TIME BUYER? LOOK AT THIS……Purchase two homes on one lot at a price lower than two on tow lots, and make money owning them. Live in one and rent the other or rent both of the. You pay half the regular mortgage payment if you live in one and rent the other, but in the end, you own both homes, and you’re building home equity-value you can cash in on later. Or rent them both out and collect positive cash flow every month. Two homes on one lot are better than two separate homes because you have only one mortgage payment. Better than a duplex because each tenant has their own space and privacy. Here’s an example: Get a 2000s.f home and a 1300 s.f. home on the same lot with a garage. Live in the 1200 s.f. home and rent the 2000 s.f. home for $1000 a month. You could live there and own both homes for a total payment of only $600 a month. Or just rent them both out for a PCF of $200 a month.  Get an email as soon as our new properties come on the market in Colorado Springs, Black Forest and Fountain! There's no obligation, and you can stop our emails with one click. Just fill out this form to get started...
Making An Offer >Creative Offers
Putting together an offer on a home is easy if the buyer has a lot of money, a terrific job and impeccable credit. Many buyers are not in that precise situation, however. And while sellers like to get their asking price, good listing agents prepare them for the possibility of receiving offers that involve some compromises.
Successful real estate agents know how to put together creative offers and do whatever it takes to make a transaction work. If a buyer is low on cash, the agent may structure an offer that shifts closing costs to the seller, minimizing the amount of cash that the buyer needs to close. A variation of a lease purchase arrangement might be effective if a buyer has recently changed jobs or is self-employed. Owner-financing for part of the loan can make a difference in some cases. If your agent brings you a complex offer designed to get a buyer into your home, don't say "no" until you understand the offer.
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What is a Balloon Mortgage?
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A balloon is a short-term mortgage which requires the entire balance of the loan to be re-paid at the end of the loan term.
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