Renting vs Buying a Home.....How do you know

Renting vs Buying a Home...How do you know if it is the right time for you?

If your not sure if you can buy a home, try out this calculator out to see how if compares paying rent or paying for a mortgage. Here is a simple calculator that can help you see the options for you.  These are some values you need to consider:

FHA Loans
Percent of money down required 3.5%

Conventional Loans
Percent of money down minimum 5% or up to 20%

Home Appreciation/Deprecation Value from HUD is 2.1%

Current interest rates today are hovering around 3.5-3.8%

Buy vs Rent Calculator

Contact the Hoffman Home Team to learn more or answer any questions you may have about renting vs buying a home.

Office: 303-539-5395

Direct: 303-949-9770

hoffmanhometeam.com

 

Spacious Home for sale in the North Creek Farms Community

Home for Sale in Thornton

16463 Gilpin St Thornton, CO 80602 Spacious Home in the North Creek Farms Community

Price : $269,900 Bedrooms : 5 Bathrooms : 3 Square Foot : 3,618 Lot Size : 6,882 Community : North Creek Farms County : Adams Property Type : Detached Year Built : 2002 MLS Number : 1133266 click for more information and pictures Property Description Conveniently located in the North Creek Farms Community. This home offers an open floor plan. Formal Living and Dining Room great for holiday dinners. Kitchen is open to family room and backyard. Patio door opens to Trex deck great for entertaining.Master bedroom offers walk in closet and 5 piece bath. Enjoy the surround sound throughout the home and backyard. Close to Shopping Easy commute to Longmount/Boulder. Features List Large Lot Trex Deck 4 Bedrooms 2nd Level Kitchen Island Open Basement 1 Bedroom/Study Main Fireplace Wired Surround Sound Pantry Sprinkler System 2 Car Garage Dog Run Sideyard Kitchen Appliances 5 Piece Master Bath Walk In Closets Washer & Dryer I Easy Commute Boulder Larkridge Shop/Dine

Equal Housing Opportunity.

Why didn't your house sell?

When you home dosen't sell, it can be a frustrating experience.  Learn Why Homes don't sell and How You can make sure your's will.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Before you put your home on the market again, be sure to ask your agent these questions:

1. How many homes do you sell each year in my neighborhood?

2. What strategies will you use to find a buyer for my home?

3. How do you help me determine the correct asking price for my home?

4. What type of communication can I expect from you?

My home seller guide details these answers, plus other important factors that have successfully met the needs of home sellers in your area.

 

 

 

Call me at 303-539-5395 or fill out this form to receive a FREE copy of my home seller guide.

Is Selling Your Home the Best Decision

Is selling Your Home the Best Decision?

The Hoffman Home Team has been specializing in Colorado Real Estate since 2000. We work with traditional (equity) sellers, investors, short sales, and foreclosures. We can sell your home regardless of your financial situation. We have worked in variety of situations from relocation, growing families, divorce, retirement, and loss of a loved one, with strict confidence.

Our goal is to SELL your home with the less amount of hassle, in a short amount of time, and get top dollar for your home. We MARKET your home to sell. We use the latest technologies and tools. We have a FULL TIME marketing and lead generation listing specialist to keep your home up front on the Internet at all time.

Of course, technology alone won't sell your home. Face-to-face interaction provides the advantage to sell your home-and you won't have to worry about a thing. The details will be handled with care and constant communication, to ensure the marketing and sale of your home go smoothly.

We personalize your marketing plan. Call 303-539-5395 or simply enter your information on this form and we will provide you with a speedy response. The more information you provide, the more accurate the evaluation. All your information is secure and will be keep strictly confidential. There is no obligation. Please indicate when you are thinking of selling and what you think your home might be worth. 

Why Are You Paying Rent......

If you knew how easy it was to own a home....you'd stop renting today!

Interest rates are still low.  Here are 8 Steps to Buying a Home and other Buyer Resources

For a Free ebook "Now is a Great Time to Buy"  or a Free Buyer Consultation, contact The Hoffman Home Team today. 303-539-5395

Not all real estate agents are the same

When your ready to sell your home, not all agents are the same.

The amount you pay, the length of your contract, the service you receive when selling your home can vary greatly from agent to agent, and company to company.

It is important to know that you have options and choices when working with me. We listen to your wants and needs.

Part of my personalized service includes customizing a home selling program specifically to meet your needs.

Your financial desires, your target moving date and other personal factors are all taken into account when pricing and marketing your home. Get your home valuation first.

Call me at 303-949-9770 or visit the Hoffman Home Team website to find out more about the difference I can make.

When Buying a Home......

What Not to Do Before You Buy a Home....

Don't make a large purchase especially if you charge it on a credit card.  This could change your credit score and your debit to income level. This could disqualify you from getting the mortgage loan. So wait to purchase new furniture or a car after your have closed on the home.

Don't change jobs unless it is absolutely necessary.  A consistent job history within the same line of work is critical to the loan underwriting.

Don't give your earnest money deposit directly to the seller.  Earnest money should be held by a third party within an escrow account i.e the real estate agent or the title/escrow company can hold your earnest money deposit.

Don't forget to order property insurance for your new home.  It may take the insurance company 1-3 weeks to get your insurance policy completed so make sure to get it started early in the process.

Don't ignore lender requirements.  Be absolutely clear on what is required from your lender and make sure you get the required documents as soon as possible.  Delaying turning items in can delay the loan process.

Don't buy a home on your own.  Use a real estate professional to guide you through the process on every step of the way.  Remember you don't pay the commission for the real estate professional, the seller does so take advantage of having a real estate professional work for you.

Contact the Hoffman Home Team if you want a real estate professional to work for you.  Search for homes here.