Troy Walker Real Estate is proud to serve Castle Rock with real estate services and homes for sale. Are you a first time homeowner that’s new to Castle Rock and eager to see what the area has to offer? Have you lived here for years and are looking to upgrade or move elsewhere? Troy Walker Real Estate is here to help. Our property experts have years of experience helping people just like with buying and selling homes. We have an array of up-to-date Castle Rock real estate listings that can fit most budgets, and our staff of experienced professionals are here to make selling your home in Castle Rock an easy and low-stress process. To learn more about our Castle Rock real estate agency, contact us today!
In part one of this blog series, we taught first time homeowners a handful of items to consider when purchasing your first home. From staying focused on what your needs are, to not jumping the gun on the first house you see, to always negotiating, there are many things to consider when making arrangements to purchase your first home. With this in mind, we’ve got two more blog posts in this series to help you make the best decisions when buying your first home. Today, we’ll look at a few more tips for first time homeowners, this time focusing specifically on matters of finance.
Figure Out Your Budget
While this should probably go without saying, many people tend to lose sight of their needs when it comes to buying their first homes. Figuring out your budget will not only help you see what’s available that you can realistically afford, it will also help you avoid seeing homes that are out of your price range. Obviously, there are some homes that are so far out of your price range that you’d likely never tour them in the first place, but setting boundaries will help you best determine how much leeway you have in terms of your overall budget. If there’s a house that you absolutely love and it’s just slightly out of your budget, you may be able to find a way to make it work (perhaps by making an offer that’s more within your budget). This will help you avoid finding a home that seems perfect, only to find out that it’s too expensive for you at this time.
Set Aside More Than Is Necessary
When it comes to buying a house, you will very likely need more than you think. In addition to the typical 20 percent down payment, there are many other costs that will need to be covered as well. The closing costs can set you back , but beyond that, one of the factors that many people have a tendency to forget about is what you plan to do after the house has been purchased. There’s a chance that you’re going to want to buy some new furniture, room decor, appliances and other touches to help make your new house into your home. By setting aside more money than is necessary to buy the home, not only will you have a good amount of money to work with when it comes to all the post-closing purchases, but you can take comfort in knowing that your assets aren’t completely drained.
Houses For Sale in Castle Rock
We shall conclude our blog series in part three, but until then, for all of your Castle Rock real estate needs, contact Troy Walker today. We would love to help you find the perfect home in Castle Rock, or help you find a buyer for your home. Contact us today!