What Can You Tell Us About School Choice?

The home you choose and the education your child receives don’t have to be the same decision. We unpack how Colorado Springs families use open enrollment, charter schools, and magnet programs to match learning styles, schedules, and budgets without being boxed in by a single attendance zone. With Lori Thompson—RE/MAX Properties veteran, top producer, and current school board president—we explore the real mechanics of choice: capacity limits, transportation trade-offs, and how a school’s focus can shape your daily routine.

We break down the differences between charter, magnet, and neighborhood schools, clarifying a common myth: charters are public and tuition-free. From classical education that emphasizes cursive and memorization to American history and civics programs, from IB pathways and STEM labs to hands-on building trades that construct a real house each year, the menu is wide. Lori shares how families can leverage these options to find the right fit for unique learners, including supports many districts offer for homeschoolers and students with dyslexia. Along the way, we connect the dots between top-rated districts, property values, and the practical workarounds when your budget and dream school don’t align.

Timing matters too. Application windows, waitlists, and varying start dates can complicate midyear moves, especially for military families. Lori lays out a simple approach: define your child’s needs, shortlist programs, confirm availability, and understand transport before you start touring homes. When parents lead with the right questions, the right neighborhood often reveals itself.

If this conversation helps you map your next move, follow the show, share it with a friend who’s relocating, and leave a quick review. Questions about schools or neighborhoods in Colorado Springs? Call or text Lori at 719-332-1807—yes, she’ll really respond.

To learn more about RE/MAX Properties Inc. visit:
https://www.LoriThompson.REMAX.com
RE/MAX Properties Inc.
Colorado Springs
719-332-1807

How Do Short Sales And Foreclosures Work?

Deals on distressed homes are real—but only if you know how to navigate the maze. We break down short sales and foreclosures in plain language, showing where timelines stretch, where lenders draw hard lines, and where smart preparation turns a risky bet into a confident purchase.

First, we clarify the fundamental difference: a short sale is a home on the path to foreclosure that still needs lender approval to accept less than the mortgage balance, while a foreclosure is already bank-owned. From there, we map realistic timelines, why lowball offers often fail, and how lender valuations shape negotiation power. You’ll hear how winterization affects inspections, why buyers might pay to unwinterize and rewinterize, and how FHA and VA standards can derail a deal if key safety items aren’t addressed.

Then we get practical. We walk through must-do inspections—full home, roof assessment, sewer scope, and more—and explain why spending upfront saves thousands later. We share red flags for REO listings, how to manage utility activation, and when an “as is” stance is negotiable. For sellers in hardship, we compare the credit impact of a well-executed short sale to the long tail of a foreclosure, including potential deficiency judgments and the possibility of a 1099 for forgiven debt. Throughout, we highlight how an experienced realtor streamlines paperwork, sets expectations, and navigates bank processes that can overwhelm even seasoned buyers and sellers.

If you’re weighing patience against price, this conversation equips you to choose with eyes open. Subscribe for more real-world guidance on Colorado Springs real estate, share this episode with someone considering a distressed purchase, and leave a review with your top question—we might feature it next.

To learn more about RE/MAX Properties Inc. visit:
https://www.LoriThompson.REMAX.com
RE/MAX Properties Inc.
Colorado Springs
719-332-1807

What Should Retirees Consider Before Relocating?

What happens when the retirement relocation dream meets reality? Spoiler alert: grandkids change everything!

In this enlightening conversation, REMAX Properties broker Lori Thompson unpacks the essential considerations for retirees contemplating a move. Drawing from decades of experience helping both military families and civilians find their forever homes, Lori reveals that while grandchildren often become the deciding factor for many retirees, practical considerations still demand attention.

Thinking beyond today's needs proves crucial when selecting a retirement property. Those stairs might be manageable now, but how will they feel in five years? That stunning mountain retreat might offer peaceful solitude, but how far is it from medical care? Lori addresses these forward-thinking questions while emphasizing the importance of long-term affordability—examining not just purchase prices but ongoing costs like property taxes, insurance, and HOA fees that can make or break a retirement budget.

The discussion takes a humorous turn when exploring what happens when couples disagree about where to relocate. Lori's sage advice? "When all else fails, agree with her." But seriously, resolving location differences before moving prevents years of potential discontent. Whether you're planning retirement relocation or just contemplating future possibilities, this episode offers practical wisdom for making choices you won't regret.

Ready to explore retirement relocation options in Colorado Springs? Connect with Lori Thompson at 719-332-1807 or visit online—because your lifetime realtor actually answers her phone!

To learn more about RE/MAX Properties Inc. visit:
https://www.LoriThompson.REMAX.com
RE/MAX Properties Inc.
Colorado Springs
719-332-1807

What’s Lori’s Best Advice After 40 Years In Colorado Real Estate? 

What separates successful real estate transactions from stressful ones? According to 40-year veteran Lori Thompson, it all comes down to preparation. Drawing from thousands of Colorado Springs home sales, Lori shares her golden rule that applies whether you're buying your first home or selling your fifth: "Be prepared."

Buyers need to understand exactly what funds they'll need throughout the entire process—not just the down payment, but inspection costs, appraisal fees, and closing costs. Sellers must recognize that their beloved home might need improvements to appeal to today's market. As Lori memorably puts it, "If they can smell it, we can't sell it." Those cooking odors, smoking residue, or pet smells that you've become nose-blind to? They're costing you thousands.

The Colorado Springs market has transformed dramatically during Lori's career, but one truth remains constant: market conditions always change. Today's buyer-friendly inventory levels will shift, just as yesterday's multiple-offer feeding frenzies eventually cooled. Success comes from understanding current conditions and adapting strategies accordingly. Beyond market mechanics, Lori emphasizes that real estate remains deeply emotional—these aren't just transactions but life transitions filled with memories, hopes, and sometimes tears. Finding a realtor who balances practical guidance with emotional intelligence makes all the difference.

Looking for your lifetime realtor who answers her phone and genuinely cares? Call or text Lori at 719-332-1807 or visit online. Whether you're PCSing to Colorado Springs or ready for your forever mountain view, Lori's guidance goes beyond closing day—because real estate should be about relationships, not just commission checks.

To learn more about RE/MAX Properties Inc. visit:
https://www.LoriThompson.REMAX.com
RE/MAX Properties Inc.
Colorado Springs
719-332-1807

 Should I Consider Buying A Distressed Property?

Are you dreaming of buying a fixer-upper that could become your perfect home or a profitable investment? Before you start swinging that sledgehammer, veteran Colorado Springs realtor Lori Thompson has some crucial wisdom to share about the reality of distressed properties.

The journey into distressed real estate starts with understanding what "distressed" actually means. As Lori explains, this spectrum ranges from homes needing simple cosmetic updates to properties requiring major structural repairs. Your success depends largely on two factors: your personal skill set and your network of reliable contractors. While some investors come equipped with respirators ready to tackle meth-contaminated properties, others find value in homes that simply need a thorough cleaning, fresh paint, and landscape rehabilitation. The key is knowing where you fall on this spectrum and being honest about your capabilities.

Smart buyers know that due diligence is non-negotiable when considering distressed properties. Lori strongly recommends comprehensive home inspections with special attention to big-ticket items like structural integrity ($30,000-$50,000 to fix), sewer line conditions ($15,000-$20,000), and roof quality ($12,000-$20,000). For just $100-$150, having a sewer scope done can save you tens of thousands in unexpected repairs. Financing options exist for those without cash reserves, including the FHA 203k rehab program, though these specialized loans come with specific requirements including using approved contractors. VA loans can still work for properties with minor issues, provided there are no significant health hazards.

Looking for the perfect distressed property opportunity? Lori offers this insider tip: "If the property is real pretty and if it blings, that's probably not your best deal." Sometimes the best values are hiding behind terrible listing photos taken by "lazy realtors" on cloudy days with cell phones. These overlooked gems might just be your pathway to building substantial equity. Ready to explore distressed properties with an experienced guide? Call or text Lori Thompson at 719-332-1807 – because distress doesn't have to mean disaster when you've got the right expertise on your side.

To learn more about RE/MAX Properties Inc. visit:
https://www.LoriThompson.REMAX.com
RE/MAX Properties Inc.
Colorado Springs
719-332-1807

 How Do Contingencies Work In A Real Estate Contract?

The safety nets that protect your real estate transaction deserve more attention than they get. Those little clauses tucked into your contract—contingencies—can be the difference between a smooth closing and a financial disaster.

Real estate veteran Lori Thompson breaks down the power of contingencies with practical wisdom and straight talk. "When you jump out of an airplane, I always recommend that you pull the little ring over your left breast pocket," she quips, explaining why home inspection contingencies should never be waived, even for brand-new construction. From discovery of grout-clogged drains to missing insulation between garages and living spaces, professional inspections catch what the building department might miss during brief site visits.

Home sale contingencies create a delicate domino effect where one transaction must complete before another can proceed. Lori walks through how "first right of refusal" clauses work and why they're becoming more common again in today's shifting market. Meanwhile, financing contingencies protect buyers through the underwriting process—where seemingly innocent decisions like buying new appliances or changing jobs can derail your mortgage approval at the last minute. "Don't buy a two-dollar toothbrush," Lori warns, only half-joking about preserving your credit status before closing.

Insurance contingencies have taken on new importance as rates continue climbing nationwide, significantly impacting monthly payments. Throughout it all, communication between all parties remains the linchpin of successful contingent transactions. Whether you're a first-time homebuyer or seasoned investor, understanding these protections helps you navigate the complexities of real estate with confidence. Ready to talk contingencies for your next move? Call Lori directly at 719-332-1807—yes, she really answers her phone.

To learn more about RE/MAX Properties Inc. visit:
https://www.LoriThompson.REMAX.com
RE/MAX Properties Inc.
Colorado Springs
719-332-1807

What Local Events Or Attractions Should Newcomers Check Out?

Dreaming of mountain views with none of the humidity (or bugs)? Colorado Springs might just be your perfect match. This episode takes you on a virtual tour through one of America's most gorgeous mountain towns, guided by local legend Lori Thompson, who's been helping families find their dream homes here for over 40 years.

The crown jewel of the Springs has to be Garden of the Gods – a spectacular collection of towering red rock formations that Lori humorously declares "illegal to skip" when visiting. The best part? It's completely free, thanks to a thoughtful deed that prevents the park from ever charging admission. Whether you're driving through, picnicking, or rock climbing (with proper permits), these ancient formations create unforgettable memories against the backdrop of Pikes Peak.

Military families will discover a community that truly embraces them, with nearly every business offering military discounts and numerous resources available. From the free Focus on the Family Visitor Center with its three-story slide for kids to the five-star brunch experience at The Broadmoor overlooking the lake, Colorado Springs seamlessly blends outdoor adventure, family-friendly activities, and sophisticated offerings. Don't miss seasonal attractions like the Chili Cook-off, Scottish Festival with traditional food, or the Renaissance Festival in nearby Larkspur where you can "get your turkey leg and carry your sword and nobody will look at you strange."

Whether you're relocating, visiting, or just curious about life in this vibrant mountain community, Lori's insider perspective gives you the authentic scoop on what makes Colorado Springs so special. Have questions about real estate or looking to make your move? Call or text Lori directly at 719-332-1807 – yes, she actually answers her phone!

To learn more about RE/MAX Properties Inc. visit:
https://www.LoriThompson.REMAX.com
RE/MAX Properties Inc.
Colorado Springs
719-332-1807

 How Much Money Do I Need To Buy A House In Colorado Springs?

Ready to dive into Colorado Springs real estate but unsure about the financial commitment? You're not alone. The burning question on everyone's mind is exactly how much cash you'll need to make your Colorado Springs dream home a reality.

Lori Thompson, with over four decades of Colorado Springs real estate expertise, pulls back the curtain on the true costs of homebuying in this candid, no-nonsense episode. She demystifies everything from down payments to closing costs, offering crystal-clear guidance for military families using VA loans and civilian buyers alike. While VA loans offer zero down payment options, Lori explains the often-overlooked expenses like earnest money, inspection fees, and appraisal costs that catch many buyers by surprise.

For conventional buyers, Lori outlines how down payments ranging from 3-20% impact your monthly budget and long-term financial health. She reveals that today's shifting market now allows buyers to negotiate closing costs—something unheard of during the recent seller's market frenzy. Perhaps most interestingly, she shares an insider strategy about assumable loans that could potentially save you thousands in interest over the life of your mortgage, illustrated through her own granddaughter's recent home purchase at a remarkable 2.6% interest rate.

With median home prices hovering around $420,000 and single-family homes under $300,000 becoming increasingly rare, understanding your budget parameters has never been more crucial. Beyond purchase price, Lori highlights the significant variations in property taxes, metropolitan district fees, and utilities that impact your monthly housing expenses. Her practical, straightforward advice eliminates the guesswork and empowers you to enter the market with confidence. Whether you're a first-time buyer, military family facing PCS orders, or looking to upgrade to your forever home, this episode delivers the financial clarity you need for your Colorado Springs home buying journey. Ready to take the next step? Lori's ready to answer your call.

To learn more about RE/MAX Properties Inc. visit:
https://www.LoriThompson.REMAX.com
RE/MAX Properties Inc.
Colorado Springs
719-332-1807

How Do Rising Interest Rates Affect Home Affordability?

Rising interest rates have dramatically transformed the Colorado Springs real estate landscape, but contrary to what many believe, this shift brings unexpected advantages for savvy homebuyers. After enduring a frenzied seller's market with multiple offers and prices soaring well above appraisals, we've now entered a more balanced environment where buyers can breathe, think, and negotiate.

As we explore in this episode, today's buyers face a fascinating trade-off: higher monthly payments but significantly less competition. The old real estate wisdom "marry the house, date the rate" has never been more relevant – especially for military families using VA loans who can access streamlined refinancing options when rates eventually decrease. We break down how new construction incentives like 2-1 buydowns work, potentially lowering your rate by 2% the first year and 1% the second year before settling at the market rate. This structure aligns perfectly with expected BAH increases or career advancements many military families experience.

Colorado Springs holds a special place in military assignments, ranking second only to Hawaii in desirability. This creates unique investment opportunities as many service members choose to keep their properties when transferred, establishing rental income streams with plans to return upon retirement. We examine the complete financial picture beyond just the interest rate – including how property taxes differ between new and established neighborhoods, additional costs in new construction that model homes don't reveal, and the importance of maintaining financial flexibility after purchasing. Remember, most homeowners stay in their properties just 5-7 years, not the full 30-year mortgage term, making the right property at a manageable payment far more important than waiting for "perfect" interest rates. 

Ready to explore your options? Contact Lori, your lifetime realtor who's been guiding Colorado Springs homebuyers through interest rate cycles for over 40 years.

To learn more about RE/MAX Properties Inc. visit:
https://www.LoriThompson.REMAX.com
RE/MAX Properties Inc.
Colorado Springs
719-332-1807

Meet The Host:  RE/MAX Properties' Licensed Realtor And Broker, Lori Thompson

From teenage inspiration to Colorado Springs real estate legend, Lori Thompson's 40-year journey captures the essence of dedication and genuine client care. When Lori was just 14, forced to leave her beloved Colorado for Las Vegas, a compassionate realtor made her feel valued by including her in the house-hunting conversation. That small act planted a seed that would eventually grow into a remarkable career spanning four decades.

Remember 1985? Interest rates soared at 13.5% and the average home cost about $78,000. That's when Lori earned her license, despite warnings from friends that she would "starve" in the business. Today, she's not only thriving but selling homes to the grown children of former clients and even her own granddaughter. There's something profoundly meaningful about helping multiple generations of families find the spaces where they'll create their most precious memories.

What sets Lori apart in an industry often criticized for poor communication? "I answer my phone," she says simply. That accessibility combined with meticulous preparation for both buyers and sellers minimizes surprises throughout the transaction. For sellers, she focuses on proper home prep and high-quality photography. For buyers, she creates a roadmap explaining earnest money, inspection importance, and what to expect at each step. This thorough education process transforms potentially stressful situations into smoother experiences.

When not matching families with their perfect homes, Lori embraces Colorado's natural beauty through hiking, enjoys quiet time with her pets, and travels with her 90-year-old mother. After four decades in real estate, her enthusiasm remains undiminished. "I love what I do," she explains, noting that despite inevitable challenges, about 85-90% of her experiences are wonderful—impressive odds that explain her longevity and success.

Need a realtor who combines decades of expertise with genuine care? Contact Lori at 719-332-1807 or visit LoriSellsHome.com to work with a lifetime realtor who's been helping Colorado Springs residents find home since 1985.

To learn more about RE/MAX Properties Inc. visit:
https://www.LoriThompson.REMAX.com
RE/MAX Properties Inc.
Colorado Springs
719-332-1807