Before searching for your home it is important to know your price range. You may find our mortgage calculator useful in making this determination. I have added this tool to my website to help clients get a general idea; however, the recommended first step in the buying process is to contact a mortgage professional to obtain a pre-approval.
I always highly recommend that clients utilize one of my recommended mortgage brokers. These are brokers that I have worked with in the past and I know will act in the best interest of the client. There have been situations where clients have used an unfamiliar mortgage broker and this has resulted in delayed closings and last minute problems. I am not given a commission/fee or otherwise compensated for recommending you to a mortgage professional. This allows me to be unbiased when making mortgage broker recommendations. Please see my professional directory for more information.
This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home’s sale price, the term of the loan desired, buyer’s down payment percentage, and the loan’s interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.
THE HOME BUYING PROCESS
As you begin to think about buying a home, you’re probably acutely aware that this is likely to be your greatest investment ever (short of children or a good marriage), and you might be wondering if there’s anything you really need to know as you go into this process. This is where your real estate professional comes in. With the help of a trained agent, you can come out on top of a closing that might otherwise have pushed your retirement ahead a decade! This happens all the time to buyers, who are left reflecting on the relatively small commission that would have brought a Realtor into the bargain to help them.
If you’d like to know about the home buying process, I’d love to tell you all about it. Contact me!
SEARCHING FOR A HOME
Despite (and perhaps because of) the great selections in homes in this area, buyers are having a difficult time zeroing in on the home or property that is uniquely appropriate for their needs.
Just remember: Browsing the listings for months is one way search out the deals, but weighing the investment potential of each property can be difficult, and many homes for sale are never listed publicly.
COLORADO SCHOOL REPORT CARDS
FIVE REASONS TO BUY YOUR HOME WITH A REALTOR®
- Get access to all the listings.
- Know all the facts on properties you’re interested in.
- Negotiate with the help of a real estate professional.
- Finance your home faster.
- Make a solid investment that pays off down the road.
New homes for sale hit the market daily. As your representative, I’ll be in regular contact with sellers and other real estate agents to ensure you see all the newest listings right away, whether or not they’re made public. Often, my clients can put in offers with little or no competition and walk away with an impressive deal on the property of their choice. As your agent I will also make sure you see only the properties that meet your needs and investment preferences, so that you don’t spend time on listings that aren’t of interest. As you compare the best deals, I’ll provide you with important information about the home, its neighborhood, zoning issues, utilities, and nearby plans for development.
Many real estate transactions include an extensive negotiating process, and as your buyer’s Agency it will be my job to represent you here and get the best deal possible. I’ll also attend property inspections, make sure any and all agreed-on repair work is carried out, and handle paperwork related to the sale. As I stated earlier, I can also help set up the financing for your invesment, and work directly with a broker to provide you with a seamless service package (strongly recommended).
Working with a dedicated agent on your next home purchase will save you time, and add professional assurance to every step of the process. With the guarantee of a solid investment, the decision could also make you more wealthy when it’s time to sell. To get in touch with me today, please contact me whenever you’d like.
Consumer Protection tips from the National Association of Realtors®