First Time Home Buyer in Colorado: Outline

First Time Home Buyer in Colorado: Outline

The title of this blog is “First Time Home Buyer in Colorado: Outline” which means that the next few words will summarize the process of buying a home in Breckenridge. It’s one thing to start looking at websites of all the homes, but when you’re ready to get serious, it’s good to know what you’re getting into. This list might not cover everything, and definitely not all the details, but it will give you an overall feel of what you need to be doing to purchase real estate in Summit County, Colorado.

We were recently at a realtor meeting and heard how in one area of Colorado, 30 documents were involved in the buying process. Here, it’s less than that. So, that’s where working with an agent is essential to easing the headaches. I am here to ask you to please be flexible when it comes to communicating between agents and owners. On both sides. This is a serious commitment from everyone involved, as these are investments that are very important to families. We all want it done as fast as possible, trust me. I understand that and want to be your helping hand along the way.

First Time Home Buyer in Colorado: Outline

Buying Home in Breckenridge

Congratulations on getting to this point in the article, because that means you really are interested in learning about what you can do for your future dream home in the mountains. Let’s get to it. Here is the Outline for First Time Home Buyer in Colorado:

  • Start saving right now – Your Initial Deposit will affect your monthly payment
  • Get to know your credit score – Analyze and work on improvements where you can
  • What is your ideal monthly payment – How much can you really afford? What are your other expenses?
  • What kind of property do you want – Single family home, slopeside condo or cabin in the woods?
  • How will you pay for your mortgage – Is your job stable or do you have financial support?
  • Get preapproved – Find a lender and being the process to find out how much you qualify for
  • Find the right agent for yourself – Find someone you click with to make it as fun as possible
  • Plan to live in the home for at least five years – Your long term game plan starts now
  • Who will view the house? – Are you in the area? Make a plan to tour homes
  • Preparing to make an offer – Put your best foot forward and include a personal note as a nice touch
  • Home and Property Inspections – This will identify all details about the home and what needs updating

Summit County Real Estate and Property

Now that you have a general idea about what’s going to have to happen for you to call yourself a homeowner, you can start to browse some areas and get a feel for the market. If you don’t know the difference between Summit Sky Ranch, The Shores, or the Blue 52, that’s where we come in.

I have an extensive knowledge of the area, including off the beaten trails and adventures that I’ll share with you as we talk homes, we’ll talk about all the fun places you can put on your trip list. These are hikes and mountain journeys within an hour of where you live. Please contact us to learn more!

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