Featured Home: 7545 Margarita Place - $825,000

This luxurious 4 bed, 4 bath custom ranch home was built by Copper Valley Builders. It sits on over an acre of land and at the end of a cul-de-sac with a great view, trees and lots of privacy. It is located in the desirable Woodmen Oaks, which is in the award-winning district 20. This home has been well maintained and meticulously updated, which shows true pride of ownership.

Beautiful Views of Forrest and City Lights

This home is wrapped with a custom deck that has wonderful views and privacy among the pine trees. The grand entry invites you to enjoy the open floor plan. The formal dining room has a large picture window that allows light in, and beyond is the great room with beautiful beamed ceiling, a gas fireplace, and entry to the deck. This home features a gourmet kitchen which walks out onto the large, beautiful deck. This kitchen will please any chef. It includes a huge center island, stunning beamed ceiling, ample counter space, tons of storage – walk-in pantry - and walls of windows that surround a sizeable dining nook. The main master retreat features a private, spa-like 5-piece bath. It also includes a huge walk-in closet with custom shelving and walk-out to the private sunroom, which is the perfect pace to take in the spectacular city view.

The Perfect Place to Entertain

The downstairs area includes a generous rec room, which is the ideal place to entertain family and friends. It features a gas fireplace, floor-to-ceiling stone work and walk-out covered patio, which has a hot tub and of course gorgeous views. The lower-level study has a built-in desk and bookshelves. This is the perfect place for a home office or a place for the kids to do homework. Downstairs you will also find 3 sizeable bedrooms, 2 of them featuring in-room sink vanities and an adjoining shared bath. An additional ¾ bath and large storage room with cabinets and shelves complete the lower level. This property is truly spectacular and includes many features and upgrades. There is an oversized three car garage that has shelving and cabinets, a spacious main-level laundry space/mud room, built-in sound system, two water heaters, dual-zoned furnace & AC, European textured walls on the main floor and so much more!

Meet the Real Estate Agent!

Kim Kingston

Kim Kingston graduated from Colorado State University in Fort Collins, CO with a Bachelor of Arts in Technical Journalism.  She earned her Masters of Business Administration with an emphasis in Accounting from the University of Colorado. She has credit for passing the Colorado CPA exam and has worked as a Vice President – Mortgage Divisional Controller for 2 nationally chartered banks prior to joining Reardon Partners. She is excited to leverage her knowledge of mortgage, tax and accounting to aid customers with their most significant financial investment – home ownership.  Kim resides locally with her husband and two young children. Having grown up in Colorado Springs and now enjoying raising her own family here, she is very knowledgeable about the area and all that this wonderful city has to offer.

Let the Platinum Group Help You Buy Your Next Home!

Buying a new home can be challenging sometimes, but with the help of The Platinum Group it doesn't have to be! The Platinum Group is comprised of some of the best real estate agents in the Colorado Springs area. With experience knowledge of the area, our real estate agents can help you pick your next home in Colorado Springs. 

The Platinum Group, Realtors The First Choice in Real Estate

Visit our website: www.PlatinumHomeSales.com

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6760 Corporate Drive, Ste 300

Colorado Springs, CO 80906

(719) 536-4444

The Closing Process Explained for Home Buyers

Before you receive the keys to your dream home in Colorado Springs, there are a list of things to do from the time your offer is accepted until you get to the closing table. Below we list some of the major items involved in the closing process:

Secure a Loan

If you haven't already, apply for the loan to secure financing for the purchase of the home. Your agent at Platinum Group, Realtors can help you select a reputable lender whose products and services best meet your needs. Make sure your lender locks in your interest rate, as interest rates are unpredictable and can fluctuate many times a day. Also, keep in mind that your interest rate depends on your credit score, your geographical location, and the type of loan you are getting, so you may not be able to get the best rate you hear advertised.

Negotiate Closing Costs 

The escrow company holds an account on behalf of the two parties in a real estate transaction. Because there are so many details to complete a home sale, the best way to prevent either the buyer or seller from getting cheated is to have a third-party company hold all the money and documents related to the transaction until settlement. There will be several fees for the closing company to provide its services.

Get a Title Search and Obtain Title Insurance

The title search and title insurance provide a safeguard for buyers so that when you purchase a property, no one else can claim it as theirs later, such as a disdained relative or tax collector. A title search will be performed to make sure there are no claims against the property. If there are, these problems will need to be resolved before the home becomes yours.

Complete the Home Inspection

Performing a home inspection is an important part of the closing process. Generally, the process involves a top-to-bottom inspection of the property by a licensed home inspector, who is chosen by the buyers. After the report is reviewed, the buyers have the right to ask the sellers to address any concerns regarding the property. If there is a serious problem, the buyers have an opportunity to back out of the contract as long as the purchase offer was contingent on a home inspection.

Get a Pest Inspection

The pest inspection is separate from the home inspection and involves an analysis to be performed by a pest control professional. They will make sure the home does not have any damage from termites or carpenter ants. Problems from wood-destroying pests can be very destructive and expensive to fix. If any infestation is found, even just a minor pest problem, the mortgage company will require that it be fixed before you close. If the inspection reveals any problems, you may want to renegotiate the home's purchase price to cover the cost of any repairs you need to make.

Final Walk Through

One of the last steps of the closing process, is to walk through your home with your Colorado Springs real estate agent one last time. You will want to make sure no damage has occurred and nothing has been removed that is included in the purchase contract.

Sign the Papers and Enjoy Your New Colorado Springs Home!

The last and most critical step to becoming a new homeowner is signing the papers. There will be a stack of them for you to sign and initial, but make sure to read the pages carefully and double check that the interest rate is correct. It may seem like the closing process is a lot of work, but at Platinum Group, Realtors we have the knowledge of the process and will guide you through each step to ensure a smooth transaction. If you are ready to start looking for a home, give our team a call at (719) 536-4444 or visit our website to view homes for sale in Colorado Springs.

The Platinum Group, Realtors The First Choice in Real Estate

Visit our website: www.PlatinumHomeSales.com

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6760 Corporate Drive, Ste 300

Colorado Springs, CO 80906

(719) 536-4444