Home Insurance Review

Colorado Springs Real Estate Contract Guide – Home Insurance Review

Insurance has become an increasingly big issue in Colorado Springs due to the increased wildfire activity (among other reasons) in our state. Just because a homeowner currently has insurance on a home, does not mean that you will be able to get a policy on that home….or if you can, at a reasonable rate. Properties that are in forested areas are increasingly hard to insure and a company may even limit insurability based on the construction materials used. A buyer wants to be sure that no fire mitigation is necessary and that they are provided with an actual insurance quote.

Timeline – Usually about 2 weeks or so for you to get your quote. But don’t wait, call your perspective insurance company right away and get more than one quote!

Colorado Springs Real Estate Buyers:

It is extremely important to have your insurance provider review the property with you and let you know:

Is the property insurable?
What will it cost to insure it?
Does anything need to be done to the property before the company will insure it (fire mitigation for a tree’d lot, change roof, etc)?
Is it in a flood zone? Flood insurance is required if it is and it’s crazy expensive (and kind of pointless in our state).

Colorado Springs Real Estate Sellers:

If a buyer can’t insure it, you can’t sell it. Just because you have insurance now, doesn’t mean a company will issue a new policy on your property. Have your current insurance provider review your home with you and find out if there would be any requirements if there were to be issuing a new policy on your home and take care of those items BEFORE you list it for sale.

If you are already dealing with a buyer and their insurance company has what you feel are outlandish recommendations, call a couple different companies to get a second opinion. If they are all telling you the same general thing, be sure to take any requests for mitigation seriously.

If you have a specific question not covered on this site, please contact me.

From Contract to Closing

How To Buy A House In Colorado Springs | Selling A House In Colorado Springs

Peter is amazing to work with. He is very timely in his responses and was great at explaining the process of purchasing a house to someone who knows nothing about real estate. We succeeded in securing our first house because of his attention to detail and overall knowledge of the surrounding market.read more

Hillary Minich

15:07 12 May 22

Peter was great in our house buying experience. He knew the area well and found something that was exactly what we were looking for. He had extensive data and analysis to assist in the offer writing process. He also made the closing process easy with with prompt responses to all of our questions. Finally he was able to advise us on home updates that could be made and provided us with good contacts to do the work.read more

Dylan Mack

15:16 08 May 22

Peter was absolutely the best. Professional, yet personable; extremely efficient and timely. Could not ask for a better realtor.read more

David Stone

00:34 25 Jan 22

Outstanding support service and absolutely dedicated to getting my house sold in the timeline I needed … and set the price-point perfectly! Always available and tells you how it is. He’s a First Class person that does work for You!!read more

David Anthony

13:30 25 Nov 21

Because I work in the industry and know many agents, it was a difficult decision when recently deciding who to list our house with. Even though I have known him for many years, he insisted on a pre-listing presentation so that we would all be on the same page before making a decision. We were very impressed with his professional presentation and he lived up to every word of it! He marketed our property in a very impressive way, with amazing photos and even a drone video. He brought in numerous offers right away and gave us very practical and useful advise from day one through closing. I honestly believe that we would not have realized the substantial profit we did, if we hadn't listed with Peter. We recommend him very highly! If you want to sell your home, you need a first class agent, who truly brings value to your transaction. Call Peter Olson, you won't regret it!read more

Lisa Gross

22:59 22 Oct 21

Peter was a pleasure to deal with. He made the house buying process in this crazy market a lot more fun. He is extremely professional and genuinely cares about finding you the right home. I appreciated his honesty throughout the entire process. I would highly recommend him.read more

Rives Maddox

03:41 06 May 21

Peter did a GREAT job for my husband and I. When we first came to Colorado Springs, Peter took us on a killer community tour. He really showed us how awesome the city is. Peter connected us with a listing that wasn't even up on the LMS yet - we were able to get a deal done before the seller officially put her house up. This really made the home-buying process super easy. Very responsive and easy to work with. We recommended him to our family members too! Can't go wrong with Peter!read more

Kara Maddox

20:01 29 Sep 20

To put it simply, Pete is awesome. I really can't say enough good things. He's helped us with 2 transactions now and both have been great. He's super professional and knowledgeable, and he knows this market better than anyone else I've talked to. He's punctual too, which is both rare and appreciated these days. Pete has the answers, and helped us make the most informed decision possible. He didn't try to steer us to the most expensive house in our budget, and it's obvious that he's got long term relationships in mind, which is the same way I operate my own business, and also exceedingly rare these days(especially in this town).read more

Josh Wilking

19:34 08 Jul 20

Peter did an outstanding job helping us sell our home. He is our friend and used to be our neighbor but never took advantage of that relationship. He always performed with and showed up with the upmost professionalism and knowledge. He is one top-notch realtor and has professional photography and communication skills to back it up and help ensure you get the best deal.read more

Ricky S

14:48 05 Jul 20

Peter did an excellent job in getting our home sold. He was very professional and direct on what he or any realtor should offer as well as how to make our home look great for the showings. He took the time to provide a presentation on what a realtor should do for you. He took all the pictures, flew the drone for the aerial photos and highlighted all the great features of the house in the listing. He took the time to pull facts and figures for the neighborhood and surrounding areas to help us make informed decisions when to list and how much to list the home for. Peter kept us in the loop during the whole process. He responded promptly to all our questions and concerns. Our home was only on the market for four days before obtaining an above asking offer and I credit the successful sale to Peter Olson. If you are looking for a professional realtor, I highly recommend Peter. You will not be disappointed.read more

Brian Welch

14:53 05 Jun 20

Very personable, responsive and flexible. Was able to act very quickly and efficiently to help us buy a place in a short period of time. Would highly recommend him to anyone in the CO Springs area.read more

Sean Kness

20:40 14 Feb 20

We bought our home in Colorado Springs with Pete as our realtor and he was with us thru the sell, and amazing in the time in between! Very personable and true to “just because you can afford it doesn’t mean it’s the home for you” motto. Thank you Pete!read more

Stani Paulk

08:41 07 Feb 20

Working with Peter to find a home when my family and I were moving from out of state this spring was an absolute pleasure. Peter's depth and breadth of knowledge of the CO Springs market and the surrounding area is what enabled us to find a wonderful home that fits our family. Peter is a great advocate who provided us with solid market information during the buying process. I can't imagine working with anyone else, should I have any real estate needs in the future.read more

Jennifer Marable

02:53 30 Jul 19

Peter was fantastic! He had a plan to sell my house, knew the market and how to position it for best offers. I have no hesitations in recommending Peter G Olson!read more

Steven Wilkinson

21:25 22 Jun 19

We found Peter to be very knowledgeable, thoughtful and FUN to work with! We spent countless hours looking through listings and picking out what we thought would be the best houses, and ended up strongly preferring a house that Peter recommended (and we had not focused on as much), based on conversations about our goals and preferences. Could not have done it without him!read more

Melissa and Joe Strike

02:15 09 Jun 19

Peter was incredible and a consummate Professional as he helped us navigate each aspect of home selling and home buying. The BEST!!read more

Joseph Rennier

13:58 31 May 19

Peter Olson is incredibly dependable, reliable, and trustworthy. His knowledge of the market, analysis of the properties, and honest feedback ensures that you can make a fully informed decision when buying a home. I particularly appreciate how tangible he is and how he will always find a way to make sure you feel supported throughout the home buying process. He has helped several of my family members find their forever homes, and has recently helped us find our place to call home! Peter is our one and only recommendation when it comes to agents in our area!read more

CHRISTINA W.

04:20 23 May 19

Peter's expansive knowledge of the Colorado Springs real estate market is exceptional! With Peter's expertise my wife and I were able to search and find available properties that met our must have criteria. In turn stream lining the home search process. There by allowing us to have the option to look at multiple desirable locations and pick our favorite. We would absolutely recommend Peter to family, friends or anyone that is considering buying a home in the beautiful Colorado Springs area.read more

scott muirhead

17:11 21 May 19

My fiance and I just bought a house using Peter, he was very thorough and honest. Peter answered any emails or texts very promptly and kept us in the loop every step of the way. Peter was always very approachable and answered any and all questions. 5/5 would recommend.read more

EyeRide Bykes

20:35 09 Apr 19

Pete is the only realtor I trust with buying and selling our homes. His attention to detail, and priority of his clients Vs the pay out is unrivaled. He has always ensured our inteterests were served even when unsolicited. He will guide you through the process to ensure your investment will serve your best interests in the future. His analysis on the market is top notch and accurate, which has served to help me buy down and make top dollar. I would not trust any one else in the greater Colorado Springs area.read more

tommy altomere

16:07 20 Feb 19

I have only great things to say about Peter. My wife and I had a great experience buying a home with Peter. I have worked with numerous Real Estate Agents in the past, and I can say that Peter’s professionalism and work ethic is second to none. We met Peter nearly a year prior to searching for a home. He kept in touch the entire time, fine tuning our housing wishes so that when the time came to search for a home, we hit the ground running. He was prepared with a large list of homes for us to see as well as background knowledge on every home as far as what would be a good/bad real eastate purchase. His fundamental knowledge on the local real estate market is second to none and we benefited greatly from this. We were able to secure the home we wanted at a much better price than was asking because of this knowledge. He has a background in software and data processing, so his statistical analysis of the market is well beyond any other realator I have ever worked with. He kept us on top of all things throughout the contract process, constantly sending us reminders of what we needed by what date. After closing, his involvement did not stop. He continually is a source to lean on for handyman, painters, plumbers, floors, and electricians. He has even made a few stops by our home to make sure everything is going well. If you are looking for a genuine realtor, who will do everything you need to buy or sell a property, then this is definitely your man. He works hard for you and his actions make this very clear. I could not imagine a better experience. A+. Thank you for everything, Peter!read more

Tim Rush

09:18 31 Oct 18

You will not find a more honest, knowledgeable, or harder-working realtor than Peter! He is not trying to get you to buy the most expensive house, but rather, the best house for you. He does his research on homes and potential flaws with re-sale. Even after finalizing the sale, he has helped us get multiple bids on painting the interior of our house, and helped us find a guy to stain our floors. If we ever move (which I can't imagine we will because we love our house), we will definitely be using Peter!read more

Meghan Gaule

18:39 25 Sep 18

Very professional, knows exactly what needs to be done to get the price your looking for. Made the selling process extremely easy.read more

albinonate

21:09 24 Sep 18

"Peter helped my wife and I both buy and sell our home and on both occasions, he provided the best possible experience. He is a realtor that cares about his clients and does whatever he can to ensure they find their dream home. Peter was the most attentive, thorough and knowledgeable realtor we have ever worked with. We can't recommend his services highly enough."read more

Matthew Conner

05:28 18 Sep 18

We had a great experience with Peter as our realtor. He found us our dream home and we are very happy with it. He is very professional and knowledgable and we never had to worry about anything. We had a very positive home buying experience thanks to him and would recommend him highly to anyone.read more

Amy Dannemiller

20:45 01 Mar 18

Pete Olson provides superior Real Estate Services. Outstanding professional photos and video tours for listings, meticulous attention to contract and closing details, years of experience in the Pikes Peak region. Pete provides exceptional advice for all areas of Real Estate listings and purchases.read more

Jennie Grosslight

03:56 22 Feb 18

My wife and I throughly enjoyed working with Peter! We had a big task to find a family home with in a week and lived across the country. Peter has a lot of knowledge and experience that really sets him apart. We also really relied on it as we were new to the area and didn’t have any family/friends in the area. We highly recommend Peter! He took the time to explain potential pitfalls on each property and specific areas that made our decision process easier. We didn’t feel he ever tried to sell us; he was a genuine consultant to our needs. We are looking to purchase another home with him because of his excellent customer service and knowledge.read more

Cihan Cevik

15:40 21 Dec 17

We met Peter 9 years ago, when the Army brought us to Colorado Springs. He worked tirelessly for months to help us find our dream home. When it came time for our family to move away, we looked Peter up to sell our home. He provided outstanding advise on staging, pricing, and negotiation. Our home sold quickly and for more the we expected. He is extremely knowledgeable about the market, truly professional, and down right personal. He is also the most dedicated real estate agent we have ever met and because of that we continue to use him as our real estate agent. Last year, before we move back to Colorado, Peter was working for us. He set up daily updates on the market, so we could narrow our focus. He is not just interested in the sale, he made sure it was the right home for our family. We rely on Peter's honest, personal, and professional real estate experience and expertise. He is highly recommended.read more

Katti Antone

14:16 24 Apr 17

Pete is an excellent realtor. He listens to his clients and doesn't waste their time. His singular focus is to find them the perfect home. Our initial consultation consisted of me walking through my wants/needs. Pete then explained his process and started sending me houses to view online immediately. He gave very good advice regarding neighborhoods and potential pitfalls around future resale. Using his process, I found my new home the first day we went on viewings. Once we made the offer, he walked me through every aspect of the closing process. He is very proactive and customer focused. I would highly recommend Pete and will use him in my future real estate endeavors.read more

Darren Guttenplan

16:16 16 Dec 16

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