Buying a house is no simple task. Not only does it require a large investment of time and energy, but it also requires a great deal of knowledge. If you want to get the best out of your purchase, you might consider investing some time in learning and understanding the ins and outs of property ownership.
Stacey Dowling from Synergy One Lending (NMLS# 196631), knows how important home loans can be for your life, and she helps you get the right ones to become a homeowner. For over two decades, she’s been helping home buyers across Colorado navigate the mortgage market with the right price according to customers’ funds. She’s helped thousands of families secure their homes and create lasting memories together.
What should I consider when looking at houses?
There are several things you should take into consideration before buying real estate. For example, the cost of living in a certain location, home prices in that area, interest rates, the availability of mortgages, and other factors.
Here are some common details you should know about before you invest in real estate:
- Know Your Market – If you are buying a property in Denver, it is smart to have a good idea of the current market rates in your area. This way you can make sure that you are not overpaying for your home.
- Location – When searching for homes for sale, it is important to find properties that are close to where you want to live, but not too close. You don’t want to spend half of your time
commuting back and forth from work! - Taxes – Make sure you understand what the taxes are like in your area. Some areas might charge higher property taxes than others.
- Inspections – Sometimes sellers won’t disclose certain problems with their property until after they get an offer. Be sure to inspect the house thoroughly before making any offers.
- Financing – Before you purchase a home, you should plan out how you will pay for it. There are many different types of financing options, including private loans, hard money, government programs, etc.
- HOA Fees – Many cities require monthly fees for homeowners associations in order to live there. Find out if this is something you need to consider before purchasing.
Experience the difference between a Mortgage Lender and Real Estate Agent with Stacey Dowling
Home costs and loans are complicated enough to navigate as it is, let alone when you add in the added complexity of being involved with someone else’s finances. There are a lot of steps involved in getting a mortgage, and lenders want to make sure that borrowers understand all of them.
A lender may require documentation such as tax returns, W2 forms, verification of employment history, and proof of income. A Real Estate Agent or a borrower encounters trouble providing those documents, they might need to engage in some negotiations with a lender to get what they need.
Stacey Dowling at Synergy One Lending has experience helping people find the perfect home loan. She works at one of the largest lenders in Denver. Her work includes helping customers choose between fixed-rate loans, adjustable-rate mortgages (ARMs), and even reverse mortgages. She builds relationships with clients by listening to them and finding out what kind of house they want. She recommends the best loans for each type of client. Homebuyers love her because she helps them get the best deals.
