From the inbox: what’s the deal with this 1.75% refinance offer I just received?

Good question!  First, this is not legal advice, always consult a licensed and insured professional before making any decisions.  However, ALWAYS read the fine print.

In this case, with mortgage rates in the 4% range at the time of this writing, a 1.75% rate seems way too good to be true.

How can they do it then?

It’s likely an ARM (Adjustable Rate Mortgage), or a mortgage that has a variable percentage rate that tracks an index.  Or, it may have a balloon payment due at the end of a certain time period (e.g., a $50K payment due in one year, five year, etc.)

If it sounds to good to be true, it may be.

Questions, don’t hesitate to ask!

From the inbox: what’s the trend data here?

Good, complicated question! Short answer: it depends on price point, rooms, and a LOT of other variables.

Long answer: (or is this the short answer?) Give me a ring and we can talk specifics. Generally speaking, this is a “heat map” that shows the really active areas throughout the area. (Orange is HOT, yellow pretty warm, followed by dark and light green.)

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The homes in green are homes actively for sale that are 4 bedroom, 2+ garage, with a finished basement between 175K and 225K (taken as a random sample).


Give me a call and let’s talk analytics!  Rob — 719-440-6626


New listing! 4708 Laramie Sky — asking $234,000

Welcome home!! This open and bright floor plan is minutes from Peterson AFB and access to the Powers corridor. Close to dining, shopping, schools — this home also features 4 same level bedrooms. Gorgeous floors, built in cabinets and entertainment center make this a great space to entertain and live! Top of the line stainless steel Kenmore appliances adorn the eat-in kitchen and stay along with HE washer and dryer. The 3 car garage allows for ample storage and the home has a separate storage shed included.

Use me as your agent on this home and receive a $1500 military buyer credit towards closing costs or home upgrades!

Call Rob @ 719-440-6626 or email

From the inbox: How do I rent my house out?

Good question! For a variety of reasons, you may want to rent your house rather than sell…give me a ring and we can run the numbers to make sure you are informed of all the options. Investment property can be a good source of income but it’s not without risk. If renting is the way to go, check out, “How to Rent Your House: The Definitive Step by Step Guide” from Bigger Pockets!

Looking to buy, sell or rent in Colorado Springs, give Rob a call at 719-440-6626!

Underwater or in pre-foreclosure on a home? Please read this…

You have options. Don’t “walk away” from a home or let it go to foreclosure. The ramifications of this action can haunt you for years, to include surprises like the people in this article are finding out.

Allowing a home to go into foreclosure does not necessarily absolve you of the debt. The deficiency balance – the difference between the mortgage value and the ultimate sale value of the home – can chase you for years.

This is not legal advice; always consult an attorney or CPA as applicable. However, I can state that you have options in a pre-foreclosure situation.

Call or text me at 719-440-6626 and we can talk about those options.


Lifehacker: what should a first time home renter know?

While not all inclusive, this checklist is a starting point for renters. To me, the most important tip is this: get the existing damages and needed repairs documented via photo and in writing.

This is an extremely difficult rental market. Don’t lose your security deposit because you didn’t document the move in.


Questions or have additional resources? Comment/post here!

Rob @ 719-440-6626

Bigger Pockets: 7 Daily Step to a Real Estate Empire

I firmly believe that the most practical way to wealth for the majority of people is real estate. How do we get there? Bigger Pockets offers a few tips.

It can be really tough to get started, from raising the needed capital to finding the right deals. There are options, though, from low money down owner occupant loans to no money down VA loans.

Call, text, or email me and let’s talk options!

Rob @ 719-440-6626 or

From the inbox: do I have to use (a military affiliated bank) to get a VA loan?

Short answer: no.

Longer answer: the VA loan is actually a Veteran’s Administration guarantee on a home loan. It allows a military member to buy a home with no money down and avoid Private Mortgage Insurance (PMI). PMI is insurance on a loan; in the case of a VA loan, the VA is the insurer. Further, most lenders can do VA home loans; you are not locked into using a specific bank or lender. It’s your entitlement and prerogative to compare interest rates and closing costs.

Looking for a lender? Give me a call and we can talk options.

Call Rob @ 719-440-6626 or email

The Agency – 201 E Las Animas Ste 105/107 – Colorado Springs, CO – 719-440-6626 –