Are You Ready to Buy a Colorado Springs Home?

Colorado Springs Real Estate Podcast with Donny Coram

Interested in buying a home? GO HERE to perform a Full Home Search, or if you're considering selling, CLICK HERE to receive a Free Home Value Report. For any other questions, please reach out to me at [phone], or email me at [e-mail].

Determining whether you’re ready to buy a home or not is more of a personal decision than anything else.

If you’ve been a renter for years, that’s one sign you might be ready to buy a home. Let’s face it, you’re writing a check every month to your landlord, and that’s just the beginning of the picture.

Determining whether or not to buy a home depends on how long you intend to stay in one place. There’s a common misconception that when you sign a 30-year mortgage, you have to stay in the house for 30 years.

I look at this a lot differently. Buying a home is an investment tool that increases your net worth and spending power. By owning a property, you’re applying some of your payment towards equity. This equity grows over the years. You take that equity and roll it into each property as you move forward.

Buying the right home in this marketplace is crucial because you want to build equity for the long-term future. When you sell that home, you’ll be able to take that equity and maybe buy a larger home or downsize.


Ultimately, whether or not you buy a home is largely decided by your goals and how you want to protect your financial future. If you have any questions, give me a call or send me an email. I would be happy to help you!