If you’re looking to buy a home along Colorado’s Front Range, you’re probably all too familiar with the low inventory and high costs in our real estate market. For many first-time home buyers, considering a condo or townhome opens up additional options. However, it’s important to know the differences between buying a single-family home and buying a condo or townhome.
Are you considering a 15-year mortgage loan? There are a number of benefits, including a lower interest rate and the ability to pay off your home much faster. However, it’s important to take into account your unique situation along with the pros and cons of a 15-year mortgage, which we have highlighted here. Pros of
Have you thought about owning an investment property? The return can be lucrative, but it’s important to understand the financial and time commitments a rental property entails. Before you hand over the down payment, here are five key considerations for buying an investment property. 1. Are you ready for this? Being a landlord is big
The decision to rent or buy a home is an important one. When weighing your options, look at price, your lifestyle and the bigger picture. Here, we lay out the pros and cons behind each scenario. Buying a Home – Pros Tax benefits There are many pros to buying a home, but perhaps none
You see the “for sale” signs, map out weekend open houses and intensely research prices and listings online. So far, you’ve got this whole real estate thing down. In fact, buying a house all on your own is completely doable. But when it comes to making such a big purchase and taking the next step
You’re steps away from the finish line. After searching, researching and working with your team of professionals, the home of your dreams is nearly secured. You can almost taste it; homeownership is on the horizon. So how do you seal the deal and maintain mortgage confidence once the new place is purchased? Below we have
So you’ve gone back and forth on whether or not it’s the right time to buy a home. With most experts reporting that mortgage rates will continue to increase in 2018, now may be the time to make your move. For prospective homebuyers, rising rates might put some pressure on finding a home sooner than
Home equity lending helps you borrow against the equity in your home. Because the home is used as collateral, the interest rate may be lower than interest rates for other loans. Taking on home equity lending is also called “getting a second mortgage.” What are the two types of home equity loans? You can get
There are many things to consider when applying for a mortgage and we’re here to help! Watch this video to learn more about when to apply for a mortgage loan. If you have any questions, want to apply, or want to consult with a Loan Officer, visit our mortgage page here. Other Posts You May Like
Real estate is a great way to build long-term wealth. Combining the forces of leverage, appreciation and cash flow, real estate investment is an accessible way to provide for your financial future. Leverage Your 15-25% down payment purchases a much larger asset than other investments. Appreciation Your asset can increase in value over time, and
