Colorado Springs Real Estate

The world of real estate is as vast as it is exciting. Buying homes in Colorado Springs  can be incredibly rewarding, but there are numerous little details that demand proper attention and consideration in order for you to be successful. The MacGuire Team is here to help you make sense of real estate with this insider info on some of the pieces that make up a real estate transaction. This week, we're delving into one of the pieces found at the very beginning of the process: earnest money. The Background On Earnest Money Earnest money is a check you provide when you submit your offer on the home you wish to purchase. This check is essentially a deposit designed to prove to the seller that you are seriously interested in purchasing the property. There is no magic number for the amount of earnest money you should provide, but it generally ranges from 1-3% of the home's total purchase price.  The earnest money you submit does not go straight to the seller. Rather, i...

Many of us think about buying a new home in Colorado Springs solely in terms of moving our place or residence - we imagine what it will be like to live in the new location or how it will feel to finally have that amazing mountain view you've been dreaming of. While this is certainly a huge part of buying a new home, it's important to remember that a home is also a major financial purchase and should be navigated carefully and strategically. The MacGuire Team is here to help you approach this financial move with as much advance knowledge and information as possible. In order to help you better prepare for the process of buying a new home , here is some background information on real estate offers and counter offers. The Offer Buyers -  When you have found a home you love and wish to purchase, you will work with your Colorado Springs real estate agent to submit an offer to the seller. Your offer will include a suggested sale price of the home (it does not have to m...