For most, purchasing a home is the largest financial transaction of their lifetime. And it comes with lots of questions! We sat down with Senior Mortgage Loan Officer Ian Bennett to get the inside scoop on the most common questions first-time homebuyers ask the Mortgage Team at Elevations Credit Union. Common homebuyer questions cover topics ranging from how to find a lender and what mortgage insurance is, to how to
Denver, and Colorado in general, has long been a desirable place to live. We asked our award-winning mortgage team about the 2021 homebuying market in Denver and their tips for house hunters.
Buying a house is one of the biggest purchases you’ll ever make, so you want to feel nothing less than great about your choice. Figuring out your budget and getting preapproved for a home loan is the opening act. We’ll walk you through those steps in our post “Buying a Home — 4 Steps to Get Started.” Once the financing is squared
House shopping and imagining the possibilities for your new life can be really fun. However, before setting out to look at homes with a real estate agent, you’ll want to square away a couple of not-so-fun details so you’re well positioned to make an offer when that dream home comes along. Namely: Figure out what
As you explore the home buying process for your new Colorado real estate, you may see title insurance listed as part of your estimated closing costs. This is a common line item that all home buyers should understand. In short, title insurance protects the buyer and lender from potential damage, losses or legal fees arising
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