There are many potential homebuyers, and even sellers, who believe that you need at least a 20% down payment in order to buy a home, or move on to their next home. Time after time, we have dispelled this myth by showing that there are many loan programs that allow you to put down as [...]
One of the first things you’ll hear when you start considering homeownership is that you’ll need a hefty chunk of change upfront. Most financial planners recommend putting down a 20% down payment. On the current national median home price of $306,700, that comes to $61,340. And that’s serious money. But if you don’t [...]
From the moment you walked in, the house was calling to you. That chef’s kitchen! The ballroom-size playroom! Wait a second, is that a fireplace in the master? Done and done. This is your perfect home… That is, until you recheck the price and discover it’s just a bit out of your price [...]
It’s a shifting market to a much more normal buying and selling process then we have seen the last 24 months. Denver Real Estate Market is Becoming a More Normal Pace. Listing Inventory is 10% greater today than 1 month ago. Normally we would see an increase of inventory as the housing [...]
No matter how carefully home buyers do their homework, certain tasks on the home-buying to-do list often fall through the cracks. And not tiny ones, either! We’re talking about oversights that can lead to major money down the drain, battles with local government or the homeowners association, and other regret-filled dramas that could have been easily avoided—that [...]
You’ve done your research, saved up for a down payment, and found a Realtor® you adore. Now comes the fifth step in realtor.com's step-by-step 2016 Home-Buying Guide: Find your dream house already! This is the really fun part, although it does come with its own unique challenges. Even if you love the entire process of [...]
Knowing you want to buy a home is one thing; knowing what you can pay for is quite another. Too often, dreams and reality collide: You’re yearning for a four-bedroom Colonial, but your wallet can handle only a two-bedroom bungalow. So how do you filter the myriad options out there? Welcome to Step 3 in [...]
Getting a mortgage is a daunting prospect, which explains why so many people seem eager to pat your hand and say, “Let me give you a little advice.” Sure, those pearls of wisdom may come from an ocean of good intentions, but the suggestions might not necessarily be right for you. In fact, they could be dead wrong. [...]
