Pleasant Valley Neighborhood in Colorado Springs

Pleasant Valley Neighborhood

Pleasant Valley

The Pleasant Valley neighborhood is located on the Colorado Springs west side. It is a desirable neighborhood to live in and currently has about 9,864 residents. Pleasant Valley is where the Red Rocks Canyon open space and the Fountain Creek Campground are located. Both of these attractions have great views and attract people who are hiking or traveling.  The residences in Pleasant Valley love the fact that it is quiet, dog friendly, peaceful and family friendly. The housing prices range form the mid 100’s to the mid 500’s.

To view available listings in this neighborhood please click the following link: Pleasant Valley

Jeremy Wynia

RE/MAX Properties, Inc.
719-213-0893 Cell/Text
719-570-9000 Office Main
wyniarealty@gmail.com
www.wyniarealty.com

http://wyniarealty.smarthomeprice.com

Please give me a call or email me if you know of anyone that might want to buy or sell ANYWHERE in the world. I will take great care of them or find a top agent in another part of the country or world to help them. Thank you in advance for your referral!

Social Media and Real Estate

Real Estate Advisor: May 2016
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Social Media and Real Estate
Social media has become a way of life in our country over the past decade. With more and more people using sites like Facebook, and applications like Twitter, Pinterest and Instagram, having a presence on social media is almost an absolute must. But what is social media? We hear that term a lot, especially on the news and in public places. Social media is those websites and applications that give users the opportunity to create and share content for the sole purpose of social networking, or communicating with others. Social media allows people and communities to connect in ways they were unable to in the past, paving the way for new or renewed connections.

While many think social media is only an option for those looking to share family photos or cat videos, social media has opened the door to new marketing opportunities, especially when it comes to real estate. Whether a buyer, seller, or real estate agent, social media is an excellent tool to get the word out about properties, and should you be considering a real estate search soon, don’t forget to look to social media for more ways to market your property or find your dream home.

Popular Social Media Sites

Facebook

What is Facebook? Facebook is probably the most popular social networking site on the Internet. Used by people around the world, Facebook allows users to make posts, share pictures and videos, and overall connect with friends, family and communities via the Internet. Facebook allows users to get direct access to information via posts by people in their groups. If you’re utilizing Facebook for real estate marketing, you have the ability to post listings, property pictures and other information that users will find immediately helpful. Not only that, but with the fact that Facebook users are all somehow connected via friends and groups, your listing can be shared beyond your immediate group of contacts, making Facebook a great word-of-mouth marketing tool.The most common age group of Facebook users is 25 to 34; many people who use Facebook will be interested in real estate or know someone who is. Facebook also allows users to share information about their communities and neighborhoods that might not be found on a website (because it comes directly from the people living in the community), so the amount of info that can be accessed via Facebook is almost limitless.

Twitter

What is Twitter? Twitter is an online social networking site that is also used by people around the world. The draw of Twitter is that it’s a rolling conversation: it’s fast-paced and posts are limited to 140 characters or less. Users have the ability to post pictures, videos and links to other media or websites that can be readily accessed by their followers. Twitter is also an excellent marketing medium because it has a great search function: if you’re looking for information about a certain city, community or neighborhood, it’s likely you’ll be able to find Twitter conversations (or ‘tweets’) with relevant information and responses.Marketing with Twitter requires a lot of engagement on both sides of the coin. Because Twitter conversations are constant, the more effort that’s put forth on Twitter means the greater the reach of your posts and the people who will receive your information. Twitter is a great tool in that users have the ability to attach hashtags, or #, to apply keywords or phrases to a post. This allows for greater reach, as anyone can search for a keyword or phrase, meaning the number of people that can find your post is only limited to the total number of Twitter users.

Instagram and Pinterest

Instagram and Pinterest are both online social networking services that rely heavily on images. Instagram users share photos and videos, either their own or those of others, and Pinterest is an application that allows users to share those pictures or compile them together into “pin boards.” The benefit in both of these social media sites is the ability for users to share media – whether it is pictures or videos. People in general crave visuals – we are visual beings, especially when it comes to homes and properties. Visuals have been found to create and boost user engagement, and both Instagram and Pinterest are an excellent way to showcase a listing’s pictures and information. Both are also great tools for anyone looking for ideas on curb appeal, ways to stage a home, or even those looking for ideas on updating a property to get it ready to sell.Social media has become a way of life in our ever changing, technological world. Real estate is a competitive market for both buyers and sellers, and social media is a great, readily available tool for anyone interested in real estate to utilize to their benefit. Check out some of these sites and see the endless possibilities of social media and real estate.

Jeremy Wynia

RE/MAX Properties, Inc.
719-213-0893 Cell/Text
719-570-9000 Office Main
wyniarealty@gmail.com
www.wyniarealty.com

http://wyniarealty.smarthomeprice.com

Please give me a call or email me if you know of anyone that might want to buy or sell ANYWHERE in the world. I will take great care of them or find a top agent in another part of the country or world to help them. Thank you in advance for your referral!

Building Your Real Estate Portfolio: Part 1 Getting the Home Purchased!

So you have read some of my previous blogs and you feel like you want to get started in real estate.  Well, there are a couple of ways to get started.  In my experience the way most people get started has very little to do with a “free seminar” where seating is “extremely limited”.  Most of these “seminars” I would compare to the traveling snake oil salesman of old.  What they have will cure everything and solve any problem. You can make tons of money without using any of your own and its risk free!!!! Yeah, not likely!

The real way that many start to get involved and often the easiest way to gain entry into the world of real estate is to purchase your first house. If you are looking to buy a house and you also know that you want to fix and flip or get a portfolio of rental properties, you may as well start with your personal, owner occupant house.  You see banks have no problem lending you money to buy a house you are going to live in.  It is in most circumstances the easiest loan you will ever get and you have the most options, VA, FHA, FHA 203K, conventional, or any number of “first time home buyer” type products. The one you choose is the one that best suits your plan and personal situation. Even better is that you will get a lower interest rate on an owner occupant purchase than an investment purchase and most lenders will allow between 6 and 10 owner occupant loans.

VA, FHA and most “first time home buyer” loans (which almost all run through FHA underwriting) are great products but if you are handy and want a property that needs a great deal of work, then an FHA or VA loan is likely not going to get you the property you want.  Those loan programs will not allow you to purchase a house that needs a ton of work. They will however get you in with the least amount of money down and sometimes that is what you need. You need a place to live and that is the first home investment step in what can be a life long process.  The one sort of loophole to this is to buy a house that is very dated and priced accordingly.  The FHA and VA loans don’t care that the house is dated, they do care that everything is there and that the house is livable at the time of purchase. You will want to make sure that you have a VERY knowledgeable realtor if you are thinking about going this rout. If they do not know tons about the process and about houses and maintenance you could be risking your earnest money, not to mention the cost of an inspection and an appraisal!

You will have a great deal more flexibility with an FHA 203K. FHA 203K allows  you to purchase a house that needs lots of work but the work has to be done rapidly right after the purchase and the money for the repairs are rolled right into the loan and earmarked for the repairs. This process has some pluses and some minuses.  The plus is that the home can be in pretty tough shape and you can still get it bough and fixed.  One draw back is that often you will likely need to hire a contractor to do the work and this can eat up a lot of the potential profits.  The loan itself also has quite a bit of extra work involved in the process. Lastly you will need to qualify for the entire loan amount of the purchase price and repairs. This can be restrictive if you have a high income to dept ratio, or need to max out your loan amount just to get into the market.

A conventional loan will be your best bet for purchasing a home that needs plenty of work and has lots of sweat equity. Be aware that the house still can not be in terrible condition unless you are putting TONS of money down, and even then you may find road blocks.  Lenders want you to purchase a home that they can sell if you do not make your payments. A burned out hole is hard to sell!  Again you should find a real estate pro that knows the process and can make sure that your loan will go through and reduce the risk if you loosing your earnest money.

The last and highest risk way to purchase a property is with a Hard Money Loan.  These are loans that are generally not based on the credit worthiness of the borrower but on the value of the asset. They vary a great deal from institution to institution or lender to lender.  Often times these are a group of investors or a single person that want to make a large return on their money and are willing to take bigger risks than most standard investment vehicles. Often you will need to put down a large chunk of funds up front, pay multiple points up front, carry very high interest rates and they are short term (often not longer than 6 months).  If you are buying the home to live in this is probably a bad option.

More on this subject to come!