First-Time Buyers: Narrowing Down Your Home Options

by | Apr 13, 2012 | Blog, Buying a Home, First Time Buyer tips | 0 comments

.

Condos or bungalows, neighborhoods, amenities and etc…there are so many great options to consider in Denver real estate. So for first-time home buyers, it’s easy to get lost in the sea of property choices. To avoid wasting a lot of time in your search for a property, here are a few tips to help you narrow your options:

.

Decide on a Budget.

Setting a price range is critical to making your house hunting effective. You’ll want to avoid paying too much for your property in the long run. So take some time to establish your budget by using online tools like RE/MAX’s Easy Mortgage Calculator. It’ll provide you an estimate of how much you can afford.

.

Establish Your Family’s “Must Haves”

With multiple opinions to coming from family members, it’s easy to be overwhelmed by their ideas. An experienced Denver real estate agent will tell you, creating a list of the basic essentials for your family’s needs and comfort (e.g. the number of rooms, location, kitchen-size and etc.) will keep the search simpler.

.

Research the Real Estate Market.

If you’re open to moving to a different neighborhood, Denver certainly has a number of great locations! The best way to narrow your search is with great, current information about real estate locations. Learning about the average re-sale value, demographics, and sale trends will give you a better idea of where to look.

.

Especially for first-time buyer, navigating the complexities of purchasing a home can be difficult. Start off on the right foot by hiring a great Denver real estate agent. They can help you develop a clear search criteria to save you time and money to purchase your new home!

.

Are you ready to start looking for a home?

Browse RE/MAX of Cherry Creek’s blog listings.

 

.

Resource: http://realestate.msn.com/article.aspx?cp-documentid=13107818

Curious about Denver real estate?

Have questions about the Denver market?

Categories