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Showing posts with the label FAQ about buying a home

Real Estate Terms You May Need to Know

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If you've ever sat down with a mortgage lender or real estate agent, there is a chance they've thrown some terms around that you may not be completely familiar with. While you don't want to sound like you don't know what you're doing, if you are a first time home buyer in Colorado Springs, we know that you are learning along the way and welcome and questions you may have. Here are a few "Greek" terms that you may hear through the real estate process, and what they mean! Appraisal This is the estimated value of the property that you've chosen. There will be an individual who will come out and appraise your property to see what it's worth. Certificate of Title This is the document that guarantees the property is legally owned by the person who claims it. Closing Costs All of the fees and expenses associated with closing on a home, usually around 6% of the cost of the home. Comparative Market Analysis (CMA) Thi is a study that your Color...

FAQs About Buying Real Estate

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If you are a first-time homebuyer, it can often feel like you aren't really sure what happens next. That's why you want to work with the best real estate agents in Colorado Springs. We can help you select priorities in a home, learn if it will be a good fit for you and your family, and then walk you through all of the details that come with closing on a home. You are not alone in this process, and we're here to make it as easy as possible on YOU. No matter how easy we try to make it, there are still questions you may have. Here are some frequently asked questions about Colorado real estate to help get you started. Is buying a newer home better than buying an older home? This is primarily up to personal preference. There are advantages and disadvantages to either, and you can rely on your Colorado Springs real estate agent to help you learn about those when you walk through the home. A new home allows for potential customization, newer updated style and room layouts th...

4 FAQs About Buying a Home - ANSWERED!

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For first-time home buyers or buyers who have been out of the real estate market for several years, buying a home can seem like a complicated process. There are so many small details to be handled that it's easy for home buyers to become overwhelmed.  As your trusted real estate agent for the Colorado Springs area , I'm here to help. Here are some quick answers to the questions I hear most often about buying a home. Why Should I Hire A Real Estate Agent To Represent Me? You should hire a Realtor for the same exact reason that I'm writing this blog. Real estate transactions are incredibly complex with lots of working parts. An experienced real estate agent knows what to expect and how to handle any issues that may arise, which will help make your experience of buying a home in Colorado Springs much more stress-free. How Much Money Will I Be Required To Pay Up Front? This is a common question among home buyers, but unfortunately a difficult one to answer. The a...