Bank Owned Colorado Springs Real Estate Bargains Entice Military Buyers to Home Ownership
12/27/2010

According to Colorado Springs real estate agent Nicole Lee, bank-owned bargains and foreclosures are enticing military families to become first time homebuyers in this military community.

Online PR News – 27-December-2010 – – Colorado Springs, CO - According to Colorado Springs real estate agent Nicole Lee, bank-owned bargains and foreclosures are enticing military families to become first time homebuyers in this military community.

Lee, a REALTOR® with the well-known Ashford Realty Group in Colorado Springs, which has a large client base of military families, says that a perfect storm of low prices and low interest rates, combined with military BAH housing subsidies for off-base housing, are driving soldiers and airmen here into home ownership.

"It's an exciting thing to own your own home, and we're pleased to see military families be able to do that in increasing numbers."

Lee says that in the past, many Air Force or Army couples opted to live on base. Now they are seeing the value and the freedom of living in a Colorado Springs home that belongs to them.

We actually specialize in helping military families turn their home into an investment as a Colorado Springs rental property should that need arise. We work hard with BAH rates rental income and expenses to manage properties so they have a positive cash flow.

"Many military families assume they can't own a home. They think 'What if I get transferred? What if I get deployed?' The truth is that home ownership is closer to reality than most people realize."

She says that what many soldiers and airmen don't know is that their home can be rented out for investment income if they are unable to occupy it to due transfer or deployment.

"We actually specialize in helping military families turn their home into an investment as a Colorado Springs rental property should that need arise. We work hard with BAH rates, rental income, and expenses to manage properties so they have a positive cash flow."

Most military families are just wanting to get into their first home, however, and Lee says the Ashford Group goes all out to make that happen.

"We truly believe there has not been a better opportunity for buyers to get into great homes at bargain prices in a long time."

"We are really encouraging people to act now if they are wanting to buy a home soon. While the currently low interest rates are great, people do need to realize they are going up and won't last forever."

For more information, please contact:

Nicole Lee
Ashford Realty Group
4760 Flintridge Dr, Ste 100
Colorado Springs, CO 80918
Phone: (719) 314-6057
Fax: (888) 631-0062

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