Down Payment Assistance For Colorado First Time Home Buyers - Buy your home now in Colorado with little or no money down
6 TIPS FOR COLORADO HOME BUYERS AFTER CLOSING DAY - Down Payment Assistance For Colorado First Time Home Buyers - Buy your home now in Colorado with little or no money down

 

There is a lot of activity right before closing. The buyer and the seller are packing and getting ready for their move. The realtors are diligently working through details to get to a smooth closing. The lenders are working with the title company to get all numbers calculated and confirmed. Closing paperwork is generated.

Time to sign! You have purchased your first home in Colorado! Congratulations!  Keep your settlement statement on hand for your taxes next year. Call your lender or realtor if there are any questions. That’s what we are here for!

We are excited for you to have started this brand new wealth building journey. Know that you are never alone when challenges arise. From now on you are paying your own mortgage and not your landlords.

Tips for first time home buyers after closing

  1. Change the locks: It’s important to change the locks as soon as you move in, especially if you don’t know who has copies of the keys.
  2. Set up your mortgage payments. You can do this either via your banks Bill Pay system or set it up directly via the mortgage companies web portal. If your home owners insurance is NOT included in your mortgage payment, it’s time to set that up as well.
  3. Make a list of any needed repairs or updates: As you settle into your new home, make a list of any repairs or updates that need to be made. This will help you prioritize and budget for these expenses.
  4. Should you get a notification -that also looks very official- to pay $89 for your deed, do not pay it, it is a scam. You will get a deed sent to your home after it has been recorded at the local Recorders Office. If you are not sure, call your lender or your agent
  5. Familiarize yourself with the home’s systems: Take some time to learn how the heating and cooling systems, appliances, and other systems in your home work. This will make it easier to use them effectively and spot any problems that may arise.
  6. Keep your home safe: Make sure you have smoke detectors and carbon monoxide detectors installed and working properly. Consider getting a security system or other safety measures to protect your home.

By following these tips, you can make the transition to your new home smooth and enjoyable. Good luck!

Smart Start Homeowners are experts with first time home buyers and down payment assistance programs. We are with you every step of the way. Find out more now.

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Feb

Down Payment Assistance For Colorado First Time Home Buyers - Buy your home now in Colorado with little or no money down