Krista Koth - Compass Real Estate

Luxury New Listing in sought after Old Town New Town Living, Longmont, CO

"Wow, nice fist bump for being number one at Compass in April—kicking ass, taking names, and selling homes! Seriously though, I'm so grateful for all the referrals you've sent my way."

Buying a home is a big deal, so it's important to have the right team on your side. Your lender is one of those key players. 🔑

Before you sign on the dotted line, here are a few questions you should ask your lender before you buy a home:

👉What type of loan do you recommend for me?
This will help you understand the different types of loans available and choose the one that's right for your financial situation and needs.

👉Do I qualify for any down payment assistance programs?
If you're struggling to come up with a down payment, there may be programs available to help you. Your lender can tell you more about your options.

👉What is the annual percentage rate (APR)?
The APR tells you the true cost of your mortgage, including interest and fees. It's important to compare the APR from different lenders before you choose a loan.

👉What will my monthly payment be?
This is a big one! You need to ask exactly, down to the penny, what your monthly payment will be so you can budget accordingly. Be sure to ask about the total monthly payment, including principal, interest, taxes, and insurance (PITI).

👉What will my closing costs be?
Closing costs are the fees you'll pay to finalize your mortgage. These costs can vary depending on the loan amount and location.

There are others, but this list is a great place to start. Feel free to save this post for later, or, even better, tag a friend who's starting their own home-buying journey!

As always, let me know if I can help in any way. That's why I'm here!

November is a great time to sell a home. Here’s why 👇

🏡 Less competition.
When inventory is low, your home may have an easier time catching the eye of prospective buyers. This means you're more likely to sell your home quickly and for a good price.

🏡 Motivated buyers.
If buyers are looking in November, chances are they’re eager to buy. They may need to move quickly due to a job relocation or other life event.

🏡 Year-end tax breaks.
Many of your selling costs can be deducted from your capital gains tax so long as you’ve lived in your home for two of the past five years and it’s your primary residence, not an investment property.

You can subtract things like staging costs, legal fees, escrow fees, advertising costs, and real estate agent commissions.

If you're ready to sell your home by year’s end, reach out to me today. I’d love to help you prepare your home for sale, market it to the right buyers, and get you the best possible deal.