first time buyer: Why you should buy your first Home, my personal story
- 08/23/21 07:39 AM
This is a picture of my first home, I purchased it in Denver Colorado in 1993 and I paid a whopping $67,000 for this 2 bedroom 1 bath brick bungalow west of downtown Denver. I was 23 years old and didn't have a clue of why I wanted to buy a home, it just seemed like a good idea. It turns out that good idea completely changed my entire financial future. I kept the home until 1998 and SOLD it for $149,000, an $82,000 increase in value. Over the next 7 years I owned multiple homes in Denver and kept gaining equity through home … (1 comments)
first time buyer: 5 creative ways to get a down payment for your first home
- 01/14/15 01:22 AM
So you want to buy a house in Johnson County Kansas, Great! So how do you go about saving that payment? The good news is that recent changes by mortgage lenders allow you to purchase a home with as little as 3% down payment on a conventional mortgage and 3.5% on FHA. 1. Gift Funds - This is probably the quickest and easiest way to gather your down payment nest egg. Both conventional and FHA mortgages allow 100% of your down payment to be gifted to you by a family member, friend or secret admirer. Insider tip: Tell your parents that you … (0 comments)
first time buyer: First time buyer homeownership falls dramatically in Overland Park Kansas
- 01/09/15 02:43 AM
The year 2014 marked a major turning point in the real estate market for Overland Park and Johnson County Kansas. For the first time since the housing market crashed in 2007 we saw consistent home price appreciation in resale homes and a sizable increase in new home construction. However, something was still missing. Have a question for the Russell Home Team? Click Here So what was missing? First time homebuyers. First time homebuyers normally make up 33 to 35% of all home purchases. In 2014 we saw that number drop to a historicall low 26%. This blog is the first in a … (0 comments)
first time buyer: Rent vs. buying in Johnson County Kansas
- 08/18/11 05:22 AM
I just finished reading a report that it cheaper to buy a house than it is to rent in 74 major metro area real estate markets. While Kansas City is listed as a whole, the report did not seperate Johnson County Kansas from the metro area. As a whole Kansas City was listed as cheaper to rent than buy with average rents being between $800 and $1000. The question I want to ask you is how does this stack up against your Johnson County Rent? Is is cheaper to rent in Johnson County Kansas or is now the time to buy? … (1 comments)
This is a picture of my first home, I purchased it in Denver Colorado in 1993 and I paid a whopping $67,000 for this 2 bedroom 1 bath brick bungalow west of downtown Denver. I was 23 years old and didn't have a clue of why I wanted to buy a home, it just seemed like a good idea. 
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