Welcome to the next stop on our homebuying road trip: Colorado! Known for its breathtaking landscapes and outdoor adventures, the Centennial State is a fantastic place to call home. Here’s what you can expect when considering a new home purchase in beautiful Colorado!
Embracing the Seasons
One of the most appealing aspects of living in Colorado is being able to experience all four seasons – sometimes all in one day! Summers are warm and perfect for hiking, biking and exploring the great outdoors. While the snowy winters make it a paradise for skiing and snowboarding enthusiasts. (As a new homeowner in the state, be prepared to add potential snow removal and other winter maintenance tasks to your home maintenance list!)
Understanding the Property Taxes
Property taxes in Colorado may be relatively low compared to other states, which may be a significant benefit for homeowners. These taxes support public schools, county governments, junior colleges and more! No matter where you live, it’s essential to understand how property taxes will impact your overall budget.
Down Payment Assistance Programs
There may be a number of local first-time homebuyer loans and programs to help qualified buyers purchase a home in Colorado! These local offers may provide several affordable mortgage options for eligible homebuyers, such as assistance with their down-payment, closing costs, and even reduced mortgage insurance premiums if you qualify!
Colorado’s natural beauty and diverse communities make it a fantastic place to settle down! Whether you’re drawn to the vibrant cities or the tranquil mountains, Colorado welcomes new homeowners with open arms!
