First Time Home Buyers in Colorado Springs

Buying a home can be both an exciting and overwhelming experience if it is your first time. There is so much to learn about what is involved in the home buying process so working with an experienced real estate agent and lender is important.

As a first time home buyer in Colorado Springs, you want to feel comfortable asking questions and communicating with the real estate agent who is assisting you. Since the home buying process can be confusing for those who have never gone through it, I have created a home buying timeline to clarify the process. You can also utilize the real estate calculators to get an idea how much house you can afford or to compare renting vs. buying a home in Colorado Springs.

It is a great time to purchase a home in Colorado Springs. Not only are interest rates incredibly low but there are many buying opportunities in Colorado Springs where buyers can get into a home with instant equity. Since many properties actively for sale in Colorado Springs are distressed, buying a home may not always be a smooth process. Whether a bank accepts another offer or the bank is taking too long to approve a short sale, it is not uncommon for buyers in this market to submit sequential offers on multiple properties before finding their home. Although it can be difficult, it is important not to allow emotions to drive your actions and to seek the support and guidance of your REALTOR® .

To view opportunities for buyers in Colorado Springs, please follow the links below:
Good Neighbor Next Door Program
CHFA Financing

Feel free to contact me, your Colorado Springs real estate agent, with any questions about buying a home in Colorado Springs

Additional Reading:
10 Valuable Resources for Home Buyers in Colorado Springs
Short Sale vs. Bank Owned Properties
FAQs about Earnest Money
Fees associated with buying a home before closing
10 things you need to do before closing on your new home
5 reasons you should work with a REALTOR® when buying a new home