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Jason Daniels

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How Are Property Taxes Calculated?

by Jason Daniels

Colorado has some of the lowest property taxes in the U.S. Here’s what you should know about them.​
 
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Property taxes in Colorado Springs—how do you pay them, calculate them, and dispute them?
 
Colorado has some of the lowest taxes in the United States. They are calculated based on the county assessor's opinion of the home’s value multiplied by the assessment percentage and the tax rate.

Property taxes in Colorado are paid in arrears and are due on April 15. You can actually find all of this information and more on your local county assessor's website, whether you’re in El Paso, Teller, Douglas, or Denver County. If you disagree with your home’s assessed value, most assessor’s offices have an online protest process, which is very simple and easy.

"You can protest your property taxes online."

If you have any questions about how to do this or you need any help, give us a call or send us an email. We look forward to hearing from you.

Why Hire a Realtor When Buying a Home?

by Jason Daniels

Why should you hire a real estate agent to help you purchase a home? I have five reasons to share with you today.​
 
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Buying a Colorado home? Search all homes for sale
 

If you think you don’t need an agent to buy a home, think again. Here’s what a real estate agent actually does to help you throughout the home buying process:

1. An agent will help you determine what your needs and wants are before you even start looking at homes, which is very important in this fast-moving market.

2. The agent will help obtain financing and a pre-approval from a good local lender that can get you to the closing table.

3. Your agent will help you navigate through all the paperwork and regulations. In Colorado, the contract is over 16 pages long. That does not include the additional 15 to 20 pages of required disclosures.

4. An agent will negotiate on your behalf and in your best interests. If you don’t work with a Realtor, there is no neutral third party to help you through the process. You will be emotionally tied to the property, and the other agent and the seller will be able to read that. As a result, you won’t have any leverage during negotiations.

5. Your agent can provide valuable information about the neighborhood and the area. They will let you know about abandoned underground mines, areas with bad soil, and other details that local agents know that you may not, especially if you are from out of town. 

"We will coordinate everything in the transaction for you, from A to Z."

Overall, your real estate agent has valuable experience that can help you throughout the entire transaction. Finding a home that you like is just one piece of the pie. Getting the house under contract, negotiating the best deal, and then getting through the inspection and the appraisal to the closing table takes a lot of work.

As your real estate agent, we will coordinate everything for you from A to Z. Let us do the work for you. You won’t have to pay us a dime, either—the seller usually pays the buyer’s agent’s commission.

If you have any other questions about buying a home, please don’t hesitate to give us a call or send us an email. We would be happy to help you!

Are You the Winner of Our Review Contest?

by Jason Daniels

Many entered, but there can be only one winner of our review contest. Today, that winner will be revealed.
 
Click on the links below to review Jason Daniels & Associates
 
https://www.google.com/search?q=Jason+Daniels+%26+Associates+at+RE/MAX+Millennium,+9362+Grand+Cordera+Pkwy+%23100,+Colorado+Springs,+CO+80924&ludocid=8624102313472164393#lrd=0x87134be507d787f7:0x77aef75c95220229,3
 
https://www.facebook.com/JasonDanielsandAssociates/reviews/
https://www.zillow.com/profile/jasondaniels/#reviews
 

Today we’re excited to announce the winner of our review contest!

As you know, the grand prize is an overnight stay for a family of four at the Great Wolf Lodge. We’re so grateful for all the reviews we’ve gotten on Zillow, Google, and Facebook. If you haven’t gotten a chance to give us a review and would like to, click on one of the links above. Reviews are a big part of how we build our business, and they help introduce us to clients who don’t know us quite yet.

Now, without further ado (drumroll please), the winners are...Heather and Charles Brautigan!

Congratulations to the two of them on their upcoming getaway. If you have any questions or there’s anything else we can help you with as far as real estate goes, don’t hesitate to reach out to us.

Until then, we wish you a merry Christmas and a happy New Year. 

What’s the Best Home Search Site for the Colorado Springs Area?

by Jason Daniels

I have a website to show you that offers full, complete access to every available home for sale in our market.​
 
Selling your Colorado home? Get a free home value report
Buying a Colorado home? Search all homes for sale
 

Where’s the best place to search for homes online in our Colorado Springs market?

There are many websites out there that show a lot of homes available on the market. However, many of them either don’t show all of the available homes on the market or they show ones that are already under contract.

Sites like Realtor.com and Zillow don’t have a direct feed into the MLS. Lately, the MLS has even pulled out of sending information to those sites, so they’re now featuring even fewer listings.

Where can you find full, complete access to every home listed for sale? You can do so at ColoradoSpringsTopHomes.com. You can navigate through the site and see every available home. You can also create custom searches to fit your needs for bedrooms, bathrooms, school districts, etc. 

"This website gives you the entire MLS at your fingertips."

This is the most comprehensive website for home searching in the entire city and greater Pike’s Peak region. It gives you the entire MLS at your fingertips.

If you have any questions about this site or you want some help getting your custom search started, don’t hesitate to give me a call or shoot me an email. I look forward to hearing from you. 

You Could Afford a Home for Less Down Than You Think

by Jason Daniels

Is it still possible to purchase a home for little to no money down? The answer is yes, and there are actually a few different options out there.​
 
Selling your Colorado home? Get a free home value report
Buying a Colorado home? Search all homes for sale
 

Buying a home with no money down is still possible. There are six ways to buy a home with little or no money down. 

Here in Colorado Springs, the most prevalent is the VA loan. For this product, you must have had at least two years of military service or have a spouse who has served. This program will allow you to purchase for no money down.

Another product which allows for 0% down is the USDA loan. However, this loan is location-specific, so keep that in mind. 

First-time buyer programs can also be a great help. These programs, such as CHFA (Colorado Housing and Financing Authority) and El Paso County Turnkey, will either gift you the down payment or finance it at 0%.

"There are a number of programs specifically designed to assist first-time homebuyers."

FHA financing is another, more traditional method of obtaining a lower down payment. This particular program allows you to put just 3.5% down, and are slightly more forgiving toward lower credit scores. 

Credit unions and banks actually have a number of specific programs designed to assist first-time homebuyers in purchasing property for little or no money down. 

There’s also the route of a conventional loan. Conventional loans typically allow buyers to get into a home for as little as 5% down, though some banks will allow first-time buyers to put down just 3%. 

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.

Buying a Home for the First Time? Here's How to Stay Protected

by Jason Daniels

If you’re about to make the jump into homeownership there are a few key things you need to consider. Thinking about these things will help protect you as you dive into the process.
 
Selling your Colorado home? Get a free home value report
Buying a Colorado home? Search all homes for sale
 

Buying a home for the first time can be a confusing process. There are a few things you need to do to protect yourself when you make the jump into homeownership.

The first thing you need to do is to find and work with an agent who understands your needs. This will be essential to a smooth transaction. It’s also important that your agent has experience in the area you want to buy in. Working with a quality agent is perhaps the most important aspect of the entire transaction.

Secondly, make sure you get preapproved from a reputable local lender. This will help you make sure that you are able to compete with other buyers, even those who are making cash offers.

Don’t pressure yourself into overspending on a home. You should always feel comfortable with your monthly payments. 

"Working with a quality agent is perhaps the most important aspect of the entire transaction."

Also, know your priorities before you start shopping. Consider what kind of floor plan you might want, as well as the number of bedrooms and bathrooms you’re looking for. Factors like these, as well as thinking about school districts, crime rates, and square footage, will help you narrow down your search.

The fourth thing you need to do to protect yourself is to understand current market conditions. Our market right now is red hot, so it’s important to understand how the process works when you go into it. Once you make an offer, your work isn’t done. At this point you’ll still need to get a home inspection.

A home inspection is going to help protect you against buying a money pit. Here in Colorado we’re known to have a lot of homes with structural soil problems, for example. It’s important to know what kind of home you’re buying before you go through with a transaction.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.

Key Questions to Ask When Interviewing Real Estate Agents

by Jason Daniels

How can you make sure to hire the best real estate agent for your needs? I have a few tips for you today.
 
Selling your Colorado home? Get a free home value report
Buying a Colorado home? Search all homes for sale
 

Not all real estate agents are created equal. Most agents that just graduated real estate school tend to charge the same fee as a 30-year veteran. So, what sets them apart?

You must choose wisely when hiring an agent. After all, your home has a lot of equity, especially in this market, and a house is usually most people’s largest purchase.

Here is a list of questions you should ask when interviewing agents:

1. Does the agent offer a cancelation guarantee at any time? We do.

2. Can the agent show their results through statistics? There are a number of important statistics to consider. What is their listings-to-sales ratio? In other words, how many homes do they fail to sell? What is the average days on market for their listing? What’s the list-to-sales price ratio? In other words, how does the final sales price compare to the price the agent set for the home? You should also ask how many homes they have sold in the past year and in their entire career.

3. Does the agent have a specific online marketing plan and overall pricing plan? 

"Professional photography is crucial since 94% of buyers start their search online. "

4. Does the agent have a team of specialists working with them to help you get the home sold? Or is the agent a solo agent?

5. Is the agent full-time or part-time? We are a team of full-time professionals.

6. Do they use professional photography? Professional photography may be expensive but it’s absolutely critical to have it in a market where 94% of buyers begin their search online.

7. Do they know the proper price for your home?

9. Do they know the neighborhood?

10. Do they have the skills, experience, and strategy in place to negotiate successfully on your behalf?

11. Do they have client testimonials?

Please refer to this list when you interview agents because these items are absolutely critical to the success of your real estate transaction.

If you have any other questions about hiring agents or if you would like to interview us, just give us a call or send us an email. We would be happy to help you!

Thanks for Making Our Black Forest BBQ Great!

by Jason Daniels

Our recent VIP client barbecue was a smashing success, and we want to personally thank you for attending.
 
Selling your Colorado home? Get a free home value report
Buying a Colorado home? Search all homes for sale
 

Thank you from all of us at Jason Daniels & Associates. As you know, we recently held our annual VIP client barbecue at Black Forest Regional Park, and we had a great time seeing so many people and their families come out and join us for what turned out to be a gorgeous Saturday afternoon.

"We couldn't do our job without you."

This event turned out to be a great success, and we owe it all to you for being one of you amazing clients. We couldn’t do our job without you.

In the video above, we provided a quick recap of all the day’s highlights. We hope you enjoy them as much as we enjoyed hosting you.

As always, if you have any questions or need our help in any way, we’re always happy to lend a hand. Just give us a call or shoot us an email and we’d be happy to help you!

Are We Seeing a Repeat of 2008's Bubble?

by Jason Daniels

There are three main reasons why Colorado Springs is experiencing high demand with much lower supply. But this doesn’t mean we are in a bubble.
 
Selling your Colorado home? Get a free home value report
Buying a Colorado home? Search all homes for sale
 

Right now in Colorado Springs, many people believe that we’re in the same bubble situation as we were in 2008.

As you may know, a real estate bubble occurs when there is an imbalance between supply and demand. But is this really the case?

The truth is that today in 2017 our circumstances are actually much different than they were in 2008.

Currently, demand is far outpacing supply. This is primarily because of three things.

First of all, the Denver real estate market is red hot. So because buyers can get a similarly sized home in a similar neighborhood here in Colorado Springs for $100,000 less, they are buying out much of the inventory in the north end of town.

The next contributing factor is that new home construction has been declining since 2008 and hasn’t kept up with the demand.

Prior to 2008, homes were being built at a rate of a million homes per year, but that number has since been cut in half.

Finally, demand is also high because of the large number of first-time homebuyers who are seeking out job opportunities in our area.

"In 2017 our circumstances are actually much different than they were in 2008."

As long as interest rates remain low, prices will likely to continue to rise in the next 12 to 18 months around 6% to 7%, meaning we are, in fact, not in a bubble.

Therefore, the next couple of years will look good for the market as long as demand stays strong.

If you have any other questions or would like help with any of your real estate needs, feel free to contact us by giving us a call or sending an email. We look forward to hearing from you soon.

Looking for Your Next Favorite Hiking Spot in Town?

by Jason Daniels

Colorado Springs has some great options for hiking, so today I wanted to tell you about some of our favorites.
 
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Buying a Colorado home? Search all homes for sale
 


Now that we're in the heart of summertime, I wanted to provide a list of some of the best hiking spots here in Colorado Springs.

First, there's Garden of the Gods off 30th St., which has lots of great hiking trails and rock formations to check out. Down in that same region, you've got Red Rock Canyon Park, which has five miles of hiking.

Palmer Park is located centrally in town with five square miles of hiking space. If you're looking for waterfalls, look no further than St. Mary's Falls and Helen Hunt Falls. These two are especially great to check out in the summer.

"The Paint Mines make for a great change of scenery."
If you're looking for a challenge, check out the Manitou Incline, which is basically one mile of stairs straight up. We have people come from all over the country to try their hand at the Manitou Incline.


Just east of town, the Paint Mines are a nice change of scenery. It's filled with beautiful orange, yellow, and red rocks.

These are just a few of our favorite spots, so if you're interested in more locations or buying a home here in Colorado Springs, just give us a call or send us an email soon. We'd love to help!

 

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Jason Daniels & Associates
Jason Daniels & Associates at RE/MAX Millennium
9362 Grand Cordera Pkwy Suite 100
Colorado Springs CO 80924
(719) 966-1500
(888) 351-1099