First-Time Homebuyers: We’re Here To Help
Buying your first home, particularly in Denver’s hot real estate market, can seem overwhelming, maybe even out of reach!
But that’s where we come in! We can help you find and buy a condo in Denver, possibly for a lower monthly payment than what you’re currently spending on rent!
There is no question that buying a condo is a time-consuming process, but we can help save you time and stress, coaching you through the process every step of the way, from getting you pre-qualified for a loan to signing the closing documents and receiving the keys to your new place. We’ll also explain the contracts and the terms, as well as the various forms you will need to sign as you move forward in the process.
In addition to helping you find a condo in Denver, we can also help you find a mortgage, and possibly even financing that will allow you to put little or no money down.
Many people, millennials in particular, are avoiding buying a first home, but there are distinct advantages to home ownership. The benefits to owning your own home include:
•tax deductions (you’re able to deduct the interest on your loan and real estate taxes)
•potential for appreciation (if your condo goes from $200,000 to $225,000, you’ll have $25,000 in equity)
•freedom to live by your own rules, not a landlord’s rules
•ability to decorate and renovate to your heart’s desire
Interest rates for home loans are at all-time lows, which helps offset the higher prices Denver has been experiencing in the past few years.
And even if your first condo isn’t the place of your dreams, if it goes up in value, you can use that equity to buy a nicer condo, a house, or even an investment property.
For more information on buying your first home, please call (303) 222-0027, or e-mail info@downtowndenver.condos.