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Showing posts with the label Buying Your First Home

Taking the First Steps in Home Buying

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Home ownership is one of many milestones many people hope to achieve at some point in their life. As with anything, there's a first time for everyone - and that may mean many questions to ask and many learning curves to experience. Let's face it, buying a home isn't as simple as finding the one you love, and moving in. There are many moving pieces that many first-time buyers may not consider when they begin their journey. By sitting down with a trusted advisor, such as a reputable lender or Realtor, they can guide you on what is financially necessary. Here are just a few questions that may arise in your first steps of buying a home . What if I Don't Have the Down Payment? A big financial hold up for many first-time buyers is coming up with the down payment requirement. Not everyone has 20% of the purchase cost of a home just sitting in a savings account for these kinds of occasions. And that's ok. Setup a plan for how you will obtain that financial goal so ...

Three Reasons Buying a Home is More Affordable than Renting!

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Buying a home in Colorado Springs can save you money if you are currently renting.  Interest rates on mortgages are still very low while rent typically continues to rise. There are many reasons people choose to rent and for some, it may be the best option.  If you have the option to buy versus renting, you may be able to save yourself money in the long run.  Calling one of our  experienced Colorado Springs real estate agent s is your first step in the home buying process.  Our team can assist you with all questions related to the buying process from start to finish.  As a first-time home buyer, understanding the benefits of buying a home versus renting is crucial in taking the next step.  Here are three reasons  buying a Colorado Springs home  is more affordable than renting. Rent Continues To Climb While Mortgage Rates Are Still Low In 2018, rent prices continue to rise and mortgage interest rates are still at very low rates. ...

Tips On How To Clean Up Your Finances!

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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.  One of the most dreaded parts of buying a home is getting approved for a home loan.  In order to secure the best home loan options, our team suggests you clean up your finances before applying.  Here are a few tips for cleaning up your finances before  buying a Colorado Springs home . Analyze Your Debt Know how much you owe on ALL of your debts.  if you are not sure where to start, gather all your monthly bills with a pad of paper and pen.  Make a list of all debts such as amounts owed on vehicles, student loans, personal loans, or any other debts that can be paid off.  Creditors will look at the amount of debt you have...

Tips To Reduce Stress When Moving!

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Moving can be an overwhelming task with a lot of moving parts.  It can be even more stressful when you are selling your Colorado Springs home and buying a home.  Getting your current home ready for the new buyers, packing and getting all your tasks completed for your move, can become overwhelming quick.  It is no doubt one of life's more stressful times.  As your Colorado Springs real estate agent , here are a few tips to help reduce stress when moving in Colorado Springs . Start With A Plan Getting organized is vital when it comes to moving, especially if you are selling one house and buying another.  Start with writing down all your deadlines so you don't miss any important dates that could hinder the buying/selling process.  If you are selling your home, have one list with all items you need to do before closing. Then, create another list for all your tasks before moving into your new home.  List of tasks to accomplish before MO...

4 Home Buying Secrets YOU Need to Know

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As a first time homebuyer, you'll be taking a big step in your life and possibly making one of the biggest (and more expensive) decisions of your life. Because of this, you'll want to make sure that you know what you're doing, and do plenty of research ahead of time. You will also want to find a real estate agent in Colorado Springs that you trust - as you'll be relying on them for important paperwork to be completed, and communication between you and the sellers. Here are a few secrets we think you should know about as you venture out into this home buying adventure. 1. Know What You Can Afford This may seem trivial, but it's vitally important before you start your home search to know exactly what you can afford. This doesn't mean that you try to figure out the cost of your mortgage on your own, and decide what your monthly payment should be with a basic calculator. This means that you take all of the required documents to your lender and ask them to figure...

Inspecting a Home - 5 Things to Look For

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As if you don't already have a lot of other things you're thinking about when looking for a home, there are several key things you need to observe as you're walking through a home. As the best real estate agent in Colorado Springs, I know there are a lot of things to remember, but that's why you hire me. I can be your eyes and ears while we walk through a home, and can help you find the perfect fit. While you can't observe everything during a walk-through, if you have the top five things on your mind as you do, you'll be more likely to remember them while inspecting it. Start With The Roof Replacing a roof can be a HUGE investment, especially when you've only just bought a home. When you start looking at a home, start by investigating the roof age and condition. A roof with shingles can last as little as 15-20 years or as much as 50+. Metal roofs can last even longer than that. When you look at the roof, you want to look for dips, pits, shingles that a...

5 Steps for Buying Your First Home

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Are you a first-time homebuyer? I would love to work with you! In fact, first-time homebuyers are one of my favorites to help through the real estate process. Whether it's the fresh excitement of starting a new journey or all of the questions being asked from a fresh new perspective - it makes my career very fulfilling. Of course, that doesn't make it any less intimidating for you as you navigate the ropes of buying your first home. Here are a few things to keep in mind to keep the process simple and as stress-free as possible. 1st. Loan Pre-Qualification You'll want to find a trusted mortgage lender in Colorado Springs to help you with this step. If you're new to the area and don't know who to trust, we can recommend several in the area who we have personally worked with and who will guide you through the financial part of buying a home. You want to have your pre-qualification out of the way before you start to look at homes, though. This will give you a st...