DENVER, April 30, 2019 /PRNewswire-PRWeb/ -- Denver has one of the tightest housing markets in the country. Fortunately, there are still ways to find one's dream home despite low inventory.
"Buying a home is one of the biggest decisions to make in your life. You need someone who looks out for your best interest," said Schwab, who has over 13 years of experience in the real estate industry. "You need someone who will guide you in a direction that is investment-based, not emotion-based. You don't want to go house broke by taking on too much house financially and not being able to still live comfortably."
Buyers should first find an agent who will point them in the right direction of a good lender to start the process, as one of the major factors in purchasing a home is finding out where you stand financially. This will enable the buyer to know where they want to be and have a comfortable house payment. "You need to be ready and prepared to move forward once you find the house that fits your needs, so someone else does not swoop in and take it away," added Schwab.
Furthermore, it is imperative that one's agent has a thorough knowledge of the area, and can provide information about different areas of town. One's agent should also invest time with the client to ensure they find the right home, so finding a full-time agent is key. "Together, start out with a really broad funnel of homes to see what you like and don't like to determine your overall needs," noted Schwab.
Keep in mind that the net worth of a homeowner is 44 times greater than a renter. "When you own a home, you can build family wealth," stated Schwab, owner of the Whiskey Bar and The Lobby in Denver. "When you pay your mortgage, you contribute to your net worth by increasing the equity in your home."
Concluded client Kimberly N., "Cory was a great agent for us. We especially loved how knowledgeable he was about investment properties and what repairs may be needed or items that would have to be replaced eventually, as well as approximate costs those things would entail. He also gave us a great recommendation for a mortgage lender, which made the whole closing process so smooth."
About Cory Schwab, New Era Realty
Cory Schwab works with a full spectrum of clients, from first-time buyers to investors purchasing multi-unit properties. He has a remarkable track record of delivering results in the Denver real estate market. For more information, please call 303-922-9222, or visit https://www.schwabre.com/. New Era Realty is located at 2563 15th Street, Suite 101, Denver, Colorado 80211.
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SOURCE Cory Schwab
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