Fitzsimons Credit Union

rss

Fitzsimons Credit Union blog


Peak Advice from the Keller Williams Realty: The 5280 Home Team

Peak Advice from the Keller Williams Realty: The 5280 Home Team

Purchasing and selling a home can be a difficult and at times an emotional process. Countless hours are spent searching for the perfect home, there is much financial stress, compromises are made, and mistakes happen that could have often been avoided. There is no doubt that being a homeowner can be a stressful task all on its own, but there is no reason why buying and selling a home needs to be more stressful than it needs to be.

Teaming up with a Realtor who is an expert on the buying and selling process can reduce stress and they can often provide insight that many independent buyers and sellers can overlook. We looked to the experts from Keller Williams Realty: The 5280 Home Team, Diana Peterson and Cecilia Ramos to help answer common questions sellers and buyers have when it comes to taking that next housing step. Together, they provide their expertise on a continuously competitive housing market.

What market trends do you foresee in the Colorado market for the upcoming year?

Diana: There are approximately 4,600 people moving here per month with only 4,900 homes on the market in the whole metropolitan area. Average increase in home price is anywhere from 6% to 12% annually, depending on what neighborhood your home is in. 

What are common mistakes you see homebuyers make when choosing a home?

Cecilia: Skipping a home inspection is a common mistake I see homebuyers make, especially when there is pressure to close on the deal. They will try and save money by not doing items on the inspection checklist like doing a sewer scope. What these homeowners do not foresee is the potential risk that lies in the near future. Often times homeowners will purchase a home and find out that costly repairs need to be made to the sewer, plumbing, foundation, roof, water heater, etc.

When are the best times of the year to sell and purchase a home?

Diana: It used to be March-May and Sept – November.  Because the market is so hot right now and there is not enough inventory for the buyers – It is a great time anytime of the year.

Cecilia: In Colorado, anytime is the best time to purchase.

What options do I have if I do not have the 20 percent needed for a down payment?

Diana: CHFA has a zero down 3% grant programs with good credit ratings.  FHA has a 3.5% down program with a good credit rating.  These are great programs that are out there and you want your agent to steer you in the right direction for these programs.

Where is a good place that I can look up home assistance programs that are available to me?  

Cecilia: I also recommend starting off by looking at Colorado Housing and Finance Authority (CHFA). They offer home purchase and refinance loans, down payment assistance, closing cost assistance, and they also offer a homebuyer education class. Another place I would recommend is the Federal Housing Administration (FHA). They offer loan programs for homebuyers of all types.

What are things buyers and sellers should look for when choosing a realtor? 

Diana: They should look for someone they trust who is knowledge about the market and negotiating contracts on their behalf.

Cecilia: Ask many questions. Do they feel comfortable with that agent? Do they have a connection?  Do they have any hesitations? Does the agent know what they are talking about?

Closing

If you are in the market to purchase your first home or sell your old one, our partners from Keller Williams Realty: The 5280 Home Team, Diana Peterson, and Cecilia Ramos are here to help. Diana has been supporting the Colorado community for over 29 years and Cecilia specializes in serving the needs of the Spanish-speaking community in Colorado. Their expertise will help you save money, time, and hassle when you buy or sell a home. Get started on the buying and selling process with these guides provided by Keller Williams Realty.  Members of Fitzsimons Credit Union should also be sure to ask about discounts that are exclusive to them.

Purchasing a new home? We can help get you started on the lending process to help get you into the house of your dreams. We will make sure you receive timely, expert service throughout the entire lending process. Our commitment to our members is the reason we’ve been able to help our local community since 1955. Call (303) 226-8509 to speak to a Mortgage Specialist or apply online to get started.

   


Comments are closed.


Tags

equity mortgage skimming telephone scam 104EZ 1st home 1st Mortgage 2nd Mortgage a partnering credit union accounts anniversary anschutz ANSCHUTZ CAMPUS anschutz campus credit union anschutz credit union anschutz credit unions anschutz financial institution apps ATM atown AURORA aurora community Aurora Credit Union aurora credit unions auto auto loan auto loans AUTO PROMO auto promotions auto purchasing AUTO REFINANCE black friday borrow budget budgeting budgets building credit building teen credit business accounts buying a house buying a new car buying an old car calls car buying CAR DEALS car financing car refinance CARBUYING carbuying for teens Cardvalet cars CARS IN AURORA cars to fit your family checking Children savings accounts childrens hospital Childrens Hospital Colorado childrens miracle network childrenshospital CHRISTMAS MONEY christmas presents cmn college college affordability Colorado Comitis Crisis Center Community community credit union Community Involvement Aurora conserve credit credit building credit card credit history credit report credit score credit union Credit Union Leaders credit union strong Credit Unions for Kids credit unions in aurora CUNA cutting costs cybersecurity data breaches debt debt-payoff Denver Area Credit Union deposit diy do it yourself Dreams Thrive Here drive-in education Emergency Funds equifax Executive Team experien extra income Extrasbenefits Fin Lit finance a business finances financial education financial fit financial goals financial literacy Financial Literacy Classes financial mistakes financial planning Financial resources for parents FINANCIAL STABILITY financing your vacation finding the right car for you Fitzsimons fitzsimons army hospital FITZSIMONS CREDIT UNION Fitzsimons Credit Union CEO fraud free credit report free tax help getting ready to move gift cards Giving Back goals Grocery Cart Races h&r block h&rblock heloc Helping the homeless hispanic outreach historic aurora history holiday accounts holiday budget HOLIDAY LOAN HOLIDAY SAVINGS holiday shopping' holidays home home buyer Home buying home improvements home investing Home Loans home selling homebuying homebuying mistakes housing how to prepare house to be sold how to save money on auto loans identity identity theft ilovemycreditunion income tax income tax return insurance interest rates Internal revenue service International credit union day invest IRS Juntos Avanzamos Juntoz Avanzamos Keller William:5280 Home Team kellerwilliams lastpass leasing a car library LikeABankButBetter line of creditt loan loans LOCAL Making a Difference making your money work for you member appreciation event. member benefits Millennials house mobile app mobile deposit money mortgage Mortgage Loan mortgage refinance moving my tax return national credit union month Nerdwallet new car new home new vs. old car NEW YEARS FINANCIAL RESOLOUTION new years resolution new years resolutioons online online learning and fun online safety Partnering Credit Union phone photo deposit ProtectMyID rainy day fun read realtor advice red rocks REFINANCE representative retirement safety SandraNeves save SAVE FOR THE HOLIDAYS saving Saving for a vacation SAVING HABITS saving money SAVINGS savings for children savvy saver accounts scam Scholarship scholarship grants school security security breaches selling your home selling your house senator Small Business small business loans small houses smart savings smartphone southlands Southlands credit union spanish speaking stanley marketplace starting a business stolen identity student loans SUMMER SUMMER DEALS summer vacation taming the debt dragon TAX HELP tax prep software Tax refund Tax return tax season tax tips Taxes teachable moments teaching children about money teen accounts teen debit cards teen scholarships thanksgiving thanksgiving dinner This Is Aurora TOGETHER WE ADVANCE TURBOTAX university used car used car loans Vacation vacation savings vacation tips VEHICLE REFINANCE Von Willebrand Disease VP of Finance wealth winter is coming WITHHOLDINGS Youth youth month youth savings accounts

Federally insured by NCUA |  Equal Opportunity Lender  |  © 2019 Fitzsimons Credit Union  |  303-340-3343  |  1-800-933-5839

Fitzsimons Credit Union recognizes the importance of ensuring our website is accessible to all users. We are in the process of redesigning our site in accordance with the requirements of the Americans with Disabilities Act (ADA) and will be publishing updates to the website within the next several months so that our content is readable via non-graphical, text-only browsers. We appreciate your patience during this process.

FitzsimonsCU.com links to third party websites that may not be controlled or owned by Fitzsimons Credit Union. Fitzsimons Credit Union may not be responsible for the content of the alternate web site neither does it represent either the third party nor the member if the two enter into a transaction. Fitzsimons Credit Union does not represent either the third party or member if a transaction is entered. Privacy and security policies may differ from those practiced by FitzsimonsCU.com.

NMLS #459085
     
Shared Branch Logo  CO-OP ATM Logo Centennial Logo
 

 

  
 

AFF NCUA LogoEqual Housing Logo      

Please Note:

You are now leaving the Fitzsimons Credit Union website. We are not responsible for
the privacy practices of any other web site. We encourage you to read the privacy policies
of any web site you access, especially if individual identifying information is being collected.

Fitzsimons Credit Union does not represent either the third party or member if a transaction is entered.

Continue Cancel

Don't ask again