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<Back to Page			Property 18 of 102 Selections

9509 Bur Oak Lane

$255,000

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Address: 9509 Bur Oak Lane	City/ST: Colorado Springs, CO	Zip Code: 80925
Location: Cottonwood Meadows	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 2978	Bedrooms: 4	Bathrooms: 2 full, 1 half, 1 3/4 baths
MLS# 661585	Property Tax: 1454

Hardwood entry * Large kitchen with island, 2 pantries, canned lighting, hardwood floors & walkout to back yard * Gas fireplace & ceiling fan in living room * Master bedroom with vaulted ceilings, 5 piece bath& walk-in closet * All bedrooms upstairs have walk-in closets & ceiling fans * Finished basement with 2nd family room, 4th bedroom & bath * Central A/C, 2 water heaters plus humidifier * Main level laundry * Security system * Huge back yard with patio, Tuff shed & play set * Landscaped lot w/ sprinkler system.

Last Updated: 7/23/2010 3:30:42 PM

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Making An Offer >Evaluating the First Offer

Your dining room table is the scene of high drama. Your home has been listed for sale for six weeks, and finally, the first offer has come in. You are meeting with the agents, and are very excited until they mention the price--it is a lot less than you expected.

Before you feel offended, however, remember that the first offer is often just the beginning of a negotiating process. Your agent can help you weigh the good and bad points, evaluating the price in relationship to the terms or conditions of the sale. Sometimes an offer with a low price can look quite attractive once you understand all of the terms. If you are willing to make some compromises, the buyers may accept a counter offer that will give you more money. A lower price from highly qualified buyers may be better than one from people who may have difficulties with financing. Keep in mind that your first negotiated price is often your best price!

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Q	What is a "jumbo mortgage"?
A	The term "jumbo mortgage" currently refers to a mortgage loan in excess of $359,650, although the threshold amount may change as the market fluctuates.
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Jason Daniels, REALTOR�, real estate agent and broker for Colorado Springs, Monument and Woodland Park, Colorado home listings, property and land for sale

Jason Daniels
RE/MAX Advantage Realty Inc
5590 North Academy Blvd.
Colorado Springs, CO 80918
719-268-8086
Fax: 719-548-5040
jasondaniels@BestImageAgent.com

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