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  • Why Buyers Choose Steve and Connie Sims-Woelfle - Why homebuyers looking for a real estate agent in the Woodland Park, Divide and Florissant area choose Steve and Connie Sims-Woelfle.

  • Latest Listings - Get Steve and Connie Sims-Woelfle latest Woodland Park, Divide and Florissant listings of homes for sale first!

  • Find Your Perfect Home - Steve and Connie Sims-Woelfle will search for your ideal home and email you the newest Woodland Park, Divide and Florissant MLS listings of properties in Teller County CO.

  • First Time Homebuyers - Are you a first time homebuyer in Woodland Park, Divide and Florissant, CO? Choose a top real estate agent. Steve and Connie Sims-Woelfle can guide your home buying search.

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  • Go to Main Sitemap - Main sitemap sections include Find Woodland Park, Divide and Florissant Homes, For Home Buyers, For Home Sellers, Woodland Park, Divide and Florissant Information, Real Estate Resources, and About Steve and Connie Sims-Woelfle.

 

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Real Estate Tips
Financing Your Home >When Interest Rates Rise

Many people fall out of the home buying market when interest rates start to go up. This is often a mistake. Many of the best mortgages deals become available when lenders are competing for new business and sellers are competing within a smaller buyer pool. You just have to know how to keep the costs down in order to counter the higher interest rates.

One of the best tricks is the buy-down. In a buy-down, a fee is paid at the closing to get a lower interest rate. In a soft market, an anxious seller may be lured into to paying all or part of the buy-down. Another approach is to get the seller to pay some of closing costs, thus lowering the amount of cash a buyer needs to close. Frequently the seller's costs can be used as a write-off by the buyer. Always consult with your tax advisor if you are considering such an arrangement.

If the market is softening due to rising or higher rates, the price itself becomes an area where a buyer may be able to save a lot of money on a house through skillful negotiating. Lower prices mean lower loan amounts, so don't be discouraged by higher rates--use them to your advantage.

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Real Estate Trivia
Q 
What was the location for the classic silent movie scene where Harold LLoyd dangles from a huge clock high above the city?

A 
That scene from "Safety Last"was filmed at the Brockman Building, one block south of the Biltmore Hotel in Los Angeles.
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Steve and Connie Sims-Woelfle, REALTOR®, real estate agent and broker for Woodland Park, Divide and Florissant, Colorado home listings, property and land for sale - NUMBER1EXPERT(tm)

Connie Sims and Steve Woelfle
Keller Williams Clients' Choice

509 Scott Ave. Suite 101
Woodland Park, CO 80863
Connie: 719-339-6795
Steve: 719-440-3098
Office: 719-686-9100
Fax: 866-279-5240
conniesims@NUMBER1EXPERT.com

Connie and Steve are the premier real estate consultants for the Woodland Park area. They believe that Teller County in the GREAT state of Colorado is the best place in the world to live and raise a family. They would welcome the opportunity to introduce you to the Colorado real estate market, the beautiful surroundings and the outdoor lifestyle that Colorado affords.

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