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How to buy a home in Pueblo, Colorado with Team Gena Ryder

Livvy Nallipogu • Jan 20, 2020

Getting Pre-approved:The first and most important thing to buying a home in Pueblo, Colorado would be to get pre-approved for a mortgage with a lender. This process will help your agent find a home that will fit the type of loan that you are getting. For example, not all homes in Pueblo, Colorado will qualify for FHA financing, and not all applicants will qualify for VA financing. With that being said, this will also give you a good idea on what your down payment will need to be, and your monthly mortgage payment.

Choose A Realtor: Next, choose an agent that is knowledgeable in the Pueblo, Colorado real estate market. It is important to find an agent who knows the market, because the market is ever-changing and new rules and regulations are being added monthly. Finding an agent that knows Pueblo, will set you up for the best home-buying experience possible.

Where To Buy: Choose areas of town that you would like to live in, and drive the neighborhoods to see what each looks like and if it would be a good fit for you. This is important because Pueblo housing drastically changes from block to block.

Schedule: Meet with your agent and give them a list of features and amenities that are important to you, and areas that you are interested in. This will help the agent in their search to find you your perfect home.

Your agent will set an appointment for homes that they think will work for you. This is a good time to get a feel for the real estate market and the process for purchasing a home. Be sure to ask your agent questions at this time. Also, during this part of the process, it will help you gain knowledge in the pricing of the market at the time you are looking. A good agent should be able to point out whether the home is over-priced for the market during your showing. Be careful not to look at too many homes on your first appointment. Most times, Buyers who look at too many homes get overwhelmed and have a hard time remembering details of each home. Looking at 6-8 houses is a good starting place for your first appointment. Be sure and take notes on each home – the things you like and dislike about each. Combining your experience and your agent’s expertise, you can be confident that you found the right home for you!

Make An Offer: Making an offer on your dream home is the next step. This part of the process can be overwhelming and stressful, but your agent is there to explain the contract and the process to you. They are also there to keep you informed on the status of the offer, and if there are more than one for the property.

Under Contract: Congratulations! You’re under contract. Tune in for our next blog: What to Expect After You Get Your Home Under Contract in Pueblo, Colorado.

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5 Credit Hacks to Get You Pre-Approved for a Home in Pueblo, Colorado

By Livvy Nallipogu • 20 Jan, 2020

These things may sound simple and ineffective, but they all add up and can positively affect your credit so you can get closer to getting into the home of your dreams.