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Buying Vs Renting A Home in Colorado Springs

August 31, 2016 @ 9:39 am

Buying vs. Renting a Home in Colorado Springs Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400). Rule 6 Real Estate can help you become a homeowner and increase this worth. In a Forbes article the National Association of Realtors’ (NAR) Chief Economist Lawrence Yun predicts that in 2016 the net worth gap will widen even further to 45 times …

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Home Appraisal Colorado Springs

@ 9:23 am

Home Appraisal Colorado Springs In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. One major challenge in such a market is the bank appraisal. Rule 6 Real Estate is here to help with some explanations about what goes into a home appraisal in Colorado Springs. If prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that closed recently) to defend the price when performing the appraisal for the bank. Every year, Quicken Loans measures the disparity between what a homeowner believes …

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