Branching Out Parker!Is your HOA hounding you to replace the tree in your front yard? Well, you are in Luck…the Town of Parker has an annual tree reimbursement program open from April 1 to
What does it cost to buy a home?
Dated: October 30 2020
Saving for your first home purchase can be a daunting task! You may be wondering how much you need to save for a down payment, or what your additional closing costs may be. Those are great questions and that's why it is important to work with a good lender from the start. All loans are different and have different down payment options and costs involved. A good lender will help you identify the right loan for you, helping you set a goal.
As your real estate agent, I can help by providing a "Net Sheet". A Net Sheet is an estimate of your "cash to close" as a buyer, or "net proceeds" as a seller. While this is not a replacement for the services a lender will provide, I want to provide an example.
The illustration below is for a $450,000 home purchase. It includes 3% down on a conventional loan with a 3% interest rate (all for illustrative purposes only - actual rates may vary). You can see what the monthly payment would be, as well as the amount of money needed at closing.
Lenders can make a huge difference, providing creative solutions to keep your down payment or monthly payments affordable! I work with a number of excellent lenders and would be happy to help with a few referrals. Please reach out if you would like a personalized estimate! 303-870-7270
For the last 20 years, I have worked and raised my family in the Denver southern metro area. I am lucky to have enjoyed all that Colorado has to offer families, outdoor enthusiasts, and career-minded ....
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