Home Buying Tips for Young Professionals

by | May 15, 2012 | Blog, Buying a Home, First Time Buyer tips | 0 comments

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For first-time home buyers, it’s easy to waste time looking at properties that aren’t the right fit. So while working with a Denver real estate agent, plan to ask them these questions to discover the best home for you.

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Does your dream match your budget?

You’ve been planning for the day when you can have your own home.  And for some young buyers, as they create a realistic budget (link to May Blog #1), they discover they’ll have to consider other options.  For a first-time purchase, choosing a condo or a townhouse can be a smarter move.  With the wonderful variety of styles and sizes, a Denver real estate agent can help you find some great properties that can sell well in the future (when you’re ready for your dream home).

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What does your lifestyle require?

Whether you’re a couple planning to have children or a single professional constantly on the go, your home needs to support not just your daily routine, but your long-term plans.  Will you be needing extra bedrooms, larger bathrooms, or even a nice lawn in the future?  Be sure to talk with your Denver real estate agent about your plans for the next two to five years.

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Will this be a long-term investment?

Denver is a highly transitional city, because many young adults have careers which can shift every 12 to 24 months.  But that doesn’t mean you should give up on purchasing a home.  Consider investing in a property which you can rent out until you’re ready to settle.  Or with a little advice from a Denver real estate agent, try out different rentals in thriving areas to discover what kind of a home you’ll want to purchase in the near future.

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Are you curious about buying a home?

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Check out Key Tips for Buyers at RE/MAX of Cherry Creek’s blog.

 

 

Resource:   http://www.remax.com/learningcenter/articleviewer.aspx?id=65

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