4 tips for buying a house in the Colorado market

This video is essential for every first time home buyer and it’s a great refresher even if you’ve purchased a home before. From searching for a home to under.

Becoming a first-time home buyer can be overwhelming. Try these 17 tips to make saving for, finding and buying your dream home a breeze. We’ll help you navigate the process more smoothly and save.

While the automotive sector is expected to remain at high levels, slow recovery in the housing market is expected to continue. the United States and its foreign partners to expand 4.4% year over.

Use HUD’s resource list. The FHA and its loan program is part of HUD. Unlike a traditional loan’s interest rate being based on the borrower’s credit score, this loan’s rate is based on the prevailing market rate. section 184 loans can only be used for single family homes (1-4 units) and for a primary residence.

Getting Your Financials in Order. Strengthen your credit. The higher your FICO score, which ranges from 300 to 850, the better interest rate you’ll qualify for. The difference between a 4.5% interest mortgage and a 5% interest mortgage can mean tens of thousands of dollars over the life of the loan.

Buying your first home is a big financial decision, but there are lots of resources that help make the process easier.. Tips and resources for first-time homebuyers. Posted: 7:42 PM, Mar 02.

Don’t obsess with trying to time the market and figure out when is the best time to buy. Trying to anticipate the housing market is impossible. The best time to buy is when you find your perfect house and you can afford it. Real estate is cyclical, it goes up and it goes down and it goes back up again.

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If not selling your home in 2019 means putting your house on the market in 2020, the sooner option is the best one. In a survey of 100 U.S. real estate experts and economists by real estate information company Zillow, released in May, almost half expect the next recession to occur in 2020.

The goal of the Colorado Home Buyers Information (COHBI) site is to provide you with detailed information to assist you in making an intelligent and informed decision about buying a home.

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