Colorado Springs Real Estate

Financial commitments are often the biggest factors that come between aspiring homeowners and the homes of their dreams. Many would-be potential buyers let the assumption that they can't afford homes of their own deter them from researching the topic thoroughly, and as a result, they fail to recognize that owning a home is actually much more affordable than they previously thought. As your trusted real estate agent in Colorado Springs , I'm here to help make you aware of why renting may not always be the most cost-effective solution. Rent Costs Are Expected To Increase People typically choose to rent when they think they can't afford to own, but the fact remains that rent prices consistently rank significantly higher than mortgage costs for comparable properties. By renting out their properties, landlords and/or property management companies aim to cover their own mortgage payments while managing to bring in some extra income at the same time. Thanks to infl...

The decision to buy or rent their next homes has challenged home-seekers for years. Buying a house in Colorado Springs can be a daunting prospect financially, but studies are consistently showing that owning your own home is often just as (if not more ) affordable than renting one. The ultimate decision is of course up to you, but The MacGuire Team is here to offer a few important considerations. Owning Is More Affordable Than You Think Contrary to popular belief, the days of having to have a stellar credit score and a 20% down payment in order to buy a house are long gone. Thanks to varied and competitive mortgage options, buyers are now able to purchase homes with as little as 10%, 5%, 3%, and (in some cases) even 0% down. Interest rates are also at a historic low, which means your monthly mortgage payments can be incredibly affordable. Renting Is More Expensive Than You Think People who don't think they can afford to buy often choose to rent as an alternative,...

Forget "to be or not to be?"... the REAL question seems be "to rent or to buy?" Adults across the nation struggle with this question every single day. Renting may seem easier at first, but more and more renters are getting tired of the hassles and unexpected expenses that come with renting. Buying a home in Colorado Springs   sounds like a big financial investment and some first-time buyers are hesitant to make the commitment, but they may fail to realize the incredible benefits that come from owning your own home. If you are on the fence about whether to buy or rent your next home, consider these advantages of owning your own home . 1. Consistency Many renters learn the hard way that their monthly rent is not locked in - if their property management company deems it necessary to raise the rent, they are free to do so. If you have a fixed mortgage loan, however, your monthly payment is will remain consistent for the duration of your loan. 2. Tax Breaks...