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Greetings!
Welcome to the 2nd issue of KimKproperties Real Estate Newsletter.
I hope you find this piece interesting and informational. For more information within each topic please feel free to use the embedded underlined links.
Colorado Springs
January 2011 Market Snapshot
  As always, if you think this monthly newsletter would be of benefit to a friend, colleague, neighbor, or family member, please click the link at the bottom of the newsletter.
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Short Sale Myths
Defined: A short sale is a sales transaction in which the seller's mortgage lender agrees to accept a payoff of less than the balance due on the loan.
Myth #1: The bank would rather foreclose than approve a short sale
Myth #2: You must be behind on your mortgage to qualify for a short sale
Myth #3: There is not enough time to negotiate a short sale before my foreclosure
Myth #4: Listing my home as a short sale is an embarrassment
Myth #5: Short Sales are impossible and never get approved
Myth #6: Banks are waiting on a bailout and not accepting short sales
Myth #7: Buyers are not interested in short sale properties
READ MORE!
*Certified Distressed Property Expert Source
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Why get a Home Inspection?
Be an Informed Buyer
It is your responsibility to be an informed buyer. Be sure that what you buy is satisfactory in every respect. You have the right to carefully examine your potential new home with a qualified home inspector.
Before you make your final buying or selling decision, you should have the home inspected by a professional. An inspection can alert you to potential problems with a property,provides more detailed information about the overall condition of the home prior to purchase, and allow you to make an informed decision.
In a Home Inspection , a qualified inspector takes an in-depth, unbiased look at your potential new home to: Evaluate the physical condition: structure, construction, and mechanical systems; Identify items that need to be repaired or replaced; and Estimate the remaining useful life of the major systems, equipment, structure, and finishes.
*Realtor.org
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