Budgeting To Buy A Colorado Springs Home!
Buying a home in Colorado Springs can be an exciting time, especially if it is your first home. Calling one of our experienced Colorado Springs real estate agent s is your first step in the home buying process. Our team can assist with all questions related to the buying process from start to finish. As a first time home buyer, understanding all the costs when buying a home can be confusing. As you budget for all the costs involved with buying a Colorado Springs home , here are some items you can't overlook. Earnest Money Earnest money is not a fee but shows sellers you are ready and committed to buying a home. Our team can assist you in coming up with the right amount to put down as earnest money, but this amount will be put towards the closing cost or returned. Some people budget 1% to put into earnest money based off the amount they are willing to spend on a home. Down Payment It is always best to have a 20% d...