What Are Your Non-Negotiables in a Home?

As you go through the home buying process, it's important to determine your housing needs. This goes far beyond the number of bedrooms and bathrooms that you want.

Interested in buying a home? GO HERE to perform a Full Home Search, or if you're considering selling, CLICK HERE to receive a Free Home Value Report. For any other questions, please reach out to me at (719) 299-5778, or email me at Donny@IntegrityTeam.net.

When you're buying a home, determining your housing needs is incredibly important. The key is to plan ahead.

If you're moving from a smaller property into a larger one, you'll want to plan for the next three to five years. You should have a list of absolutely non-negotiable things like which area you're going to be in, which school district, as well as bedroom and bathroom counts, but it's also important to be realistic about your budget and needs so that you can find the best house to fill them.

You should have a list of non-negotiables.

While you're considering which home to buy, you also need to consider location and the amenities you need to be nearby. For example, if you're commuting a lot, you may want proximity to I-25 so you can get north and south easily. If you're at one of our many military installations, it might also be important to be close to the Powers Corridor.

Location is important, but you also have to consider your distance to work. How long do you want to commute every day? How far away do the kids have to go to get to school? A lot of factors can determine where your new home will be, and a real estate professional can help you make the best decision to find the right home for you and your family.

If you have any questions for me about determining your home needs, don't hesitate to give me a call or send me an email. I'd be happy to help!

How Easy Is It to Buy a Foreclosure?

One of the many options you have when looking for a home is a foreclosure. These bank-owned properties can be had at a bargain, and may hold the key to your financial future.

Interested in buying a home? GO HERE to perform a Full Home Search, or if you're considering selling, CLICK HERE to receive a Free Home Value Report. For any other questions, please reach out to me at (719) 299-5778, or email me at Donny@IntegrityTeam.net.

As a real estate professional, I’ve worked with hundreds of foreclosure properties in the buying, selling, and flipping processes. Whether you should buy a foreclosure is a personal decision.

In my opinion, buying the right foreclosure can make the difference in your financial future. We are looking for deals in the foreclosure market that the bank is selling at a reduced amount. This gives you instant equity when you move in.

Buying a foreclosure is a pretty simple process.

Buying a foreclosure is a pretty simple process. It’s a matter of acquiring the home, knowing the repairs you need to make, and walking into a home that will give you tons of equity in the long term. You should consider a foreclosure when buying, but it's important that you work with a professional like myself who has done a lot of them and can help you avoid some of the pitfalls that are out there.

The process of buying a foreclosure is not that different than buying a normal home. Most loan programs can purchase foreclosures, even VA and FHA loans in some cases. However, it’s important to note that the home will need to be up to the standards of FHA and VA depending on the type of loan you are using. I can determine for you whether the home you are looking for is going to qualify for FHA or VA, allowing you to avoid putting in an offer on a home that you can’t qualify for.

Another option you may consider is using a conventional loan to avoid these pitfalls, although this requires a much larger down payment. It may allow you to purchase a home that is in disrepair enough, has a ton of equity, and will allow you to benefit greatly.

If you have any questions, give me a call or send me an email. I look forward to hearing from you soon.