How You Can Buy a Home for Next to Nothing Down

Here’s how you can spin a home seller’s situation into a rewarding transaction for the both of you.

Buying a home? Click here to perform a full home search
Selling your home? Click here for a FREE Home Price Evaluation 

Call me at 303-974-9471 for a FREE home buying or selling consultation to answer any of your real estate questions.

Today we’ll be looking at an interesting topic: How you can purchase a home for almost nothing down. We’re not talking about utilizing government assistance programs, VA loans, or FHA loans; we’re simply talking about buying a home for less. Here’s what we do to get our buyers homes for cheap.

We find homeowners who don’t have mortgages and are willing to do owner-financed carries with a low down payment. By doing this, the owner avoids the major hit of capital gains taxes.

Let’s say the house is in a great location and worth $700,000. The owners have no mortgage and want to sell it, most likely so they can retire. At this price point, the capital gains on their property will be very steep. If they’re at the height of their professional career, they’ll be paying even more because of their income.

You want your ideal candidate to be someone who wants to sell but doesn’t want to pay high capital gains taxes. They’ll be willing to let you purchase their property for very little down—a fraction of what you’d pay through traditional financing. 

This is a different route you can take when purchasing a home; one that is rewarding for both you and the seller.

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You could potentially negotiate a mere $20,000 down payment and buy this $700,000 home. You then begin paying the mortgage to the seller immediately—let’s say it’s $3,000 a month. You can now turn your purchase into an investment and begin renting out to receive a monthly cash flow. At this point, you’ve put down very little and have your mortgage being paid for you.

And you didn’t have to go through the traditional methods of getting pre-approved. All in all, this is a different route you can take when purchasing a home; one that is rewarding for both you and the seller.

If you have any questions or need more information, feel free to reach out to us. We look forward to hearing from you.

How Do You Know if It’s the Right Time to Move?

Are you looking to make a move, but are waiting for a sign that it’s the right choice? If any of these 16 points sound familiar, then this message could be that sign.

Buying a home? Click here to perform a full home search
Selling your home? Click here for a FREE Home Price Evaluation 

Call me at 303-974-9471 for a FREE home buying or selling consultation to answer any of your real estate questions.

If you’ve been considering moving but aren’t sure whether now’s the right time, there are a few key indicators you should look out for. Today, we’ll share 16 such signs:

1. Your financial situation has changed. Whether your current home has become too expensive or you’ve earned enough to make an upgrade, a change in budget can be a strong sign it’s time to move.


2. You’ve outgrown your storage space. Sometimes, no matter how tightly we pack our shelves and closets, there just isn’t enough room for everything we own. If this has happened to you, purging some unneeded belongings and moving to a smaller home or hauling your things to a new, larger space may be the next best step.


3. Your family is expanding. Sometimes, a large number of belongings isn’t the culprit behind space issues. The birth of a new child can also be a good reason to find a new, larger home.


4. Fewer people now live in your home. Whether your kids have flown the nest or you previously shared your home with roommates who have decided to move on, a decrease in the number of people living in the home can prompt those who still live there to downsize.


5. Your neighborhood is on the decline. Neighborhoods go downhill for a number of reasons, and any of them can serve as a good reason to move.


6. You have a dream your current home can’t support. Your home should match your lifestyle and the budget that comes along with it.


7. Your city doesn’t appeal to buyers. When there’s nothing in your area drawing new people in, values are sure to shrink. And when this happens, it’s sometimes best to get out while you can.


8. It costs you less to move. If your current property is so expensive that moving would be less so, it may be time to move. 

The people, amenities, and area surrounding your home should be a good fit for you.

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9. You’ve started cooking more (or less). If you’ve recently picked up an interest in the culinary arts, moving to a home with a larger kitchen might be best. Conversely, those who prefer not to cook and would rather live near restaurants may also find a move to be beneficial.


10. Your kids have stopped having friends over. The fewer guests you have, the less space you need.


11. You’re intimidated by the thought of rising interest rates. If you aren’t in your “forever home” and are worried how rising rates might impact your eventual move, taking the plunge sooner may be in your best interest.


12. You’ve been putting off moving for a while. There’s no time like the present.


13. The neighborhood no longer fits your wants and needs. The people, amenities, and area surrounding your home should be a good fit for you.


14. Your commute is too long. Moving might sound like a hassle, but driving an hour to and from work each day can be quite stressful, as well.


15. Things are getting serious with that special someone. Whether you’re looking to move closer to a long distance S.O. or you and your partner have decided to move in together, these can both be good reasons to find a new home.


16. You want a fresh start. 

There are many more signs that it’s time to move on, but these are just a few of the most common examples. If you have any other questions, would like more information, or want to discuss your real estate goals, feel free to give us a call or send us an email. We look forward to hearing from you soon.